The global recycled
carbon fiber market foreseen to grow by 12.3%, from USD 119.45 Million in 2021
to USD 302.15 Million in 2029. Government
regulations regarding use of environment-friendly products, increasing demand
from composites industry for high-performance and cost-efficient carbon fibers,
safeguarding environment through waste reduction is seen to drive the market
over the upcoming forecast period. However, competition with low-cost mature
products, lack of technical knowledge yet remains one of the factors hampering
market growth for the estimated period.
Market Definition
What is Recycled Carbon
Fiber?
Recycled carbon
fiber is sourced from CFRP composite scrap materials. Recycled carbon fiber reduces
the amount of material entering landfills, thus providing manufacturers with a
cost savings of 30 percent, compared to new carbon fiber.
Market Overview
The
recycled carbon fiber market search study helps to thoroughly understand
the current trend in the market competitive analysis of the players in the
emerging market. Moreover, the DRO in the recycled carbon fiber market offers
valuable perspicuity and a current scenario for making the right decision. The
research study covers the eminent players in the market with a detailed
analysis of the company and a financial overview containing their net sales,
business mix and geographical reach It mainly focuses on the key developments
of the products/services offered by the company in recent years. Besides, we at
Zettabyte have the expertise to analyses the global recycled carbon fiber
market player's competitive landscape helping the client comprehend their
specific strategic growth approaches.
Recycled carbon
fiber market study by "Zettabyte Analytics" offers details about the
market scope, market segmentation, technological advancement in the recycled
carbon fiber market and highlights the optimistic, competitive landscape and
trends enduring over the years.
Major players in
the recycled carbon fiber market Alpha recyclage Composites, Carbon Conversions
Inc, Carbon Fiber Recycle Indastry co.ltd., CaTECH, CFK Valley e.V., Elevated
Materials, Elg Carbon Fibre Ltd, Hadeg Recycling GmbH, Hexcel Corporation,
KARBOREK RCF, Mitsubishi Chemical Holdings Corporation., Procotex, Rymyc srl,
SGL Carbon, Shocker Composites, LLC, SHOWA DENKO MATERIALS CO., LTD., Sigmatex
(UK) Limited, Teijin Ltd., TORAY INDUSTRIES, INC., Vartega Inc, V-Carbon,
Zoltek.
COVID-19 Impact on Global Recycled
Carbon Fiber Market
The global impact
of COVID-19 has lost millions of lives with a massive cost to the healthcare
system. Moreover, the treatment cost for patients with COVID-19 has also had a
financial impact globally. The impact of COVID-19 on the recycled carbon fiber
market has forced the companies to change their sourcing, pricing, and
promotion strategies. The recycled carbon fiber market players are seen
focusing more on optimizing the E-commerce networks with the rising innovations
in the digital sector, which are creating new business models for the chemicals
and material industry player.
Research Scope
The report
provides market value for the base year 2021 and a yearly forecast from 2022 to
2029 in revenue (USD Million/ Billion). The market for each segment is present
in North America, Europe, Asia Pacific, Latin America, Middle East &
Africa, and the regional basis for the forecast mentioned above.
Key industry
dynamics, regulatory scenarios, major material dynamics and recycled carbon
fiber market future markets are analyzed to understand their impact on demand
for the forecast period. Growth rates have been estimated using correlation,
regression and time-series analysis.
Market Segmentation
For the purpose
of this report, the global recycled carbon fiber market segmented on the basis
of form, type, source, end use industry and region
Form Outlook:
On the basis of
form, the market is segmented into aerospace & defense, automotive,
railways, others.
Figure 1 Recycled Carbon Fiber Market By Form
(Market Size And Forecast By Value - USD Million, 2021 & 2029)

Type Outlook:
On the basis of
type, the market is segmented into chopped recycled carbon fiber, milled
recycled carbon fiber.
Figure 2 Type Outlook (Revenue, USD Million,
2021)
