Recycled Carbon Fiber Market Key Finding, Market Impact, Latest Trends Analysis, Progression Status, Revenue and Forecast to 2029

Recycled Carbon Fiber Market is projected to grow at a CAGR of 11.3% through 2029 and is currently valued at US$ 157 Mn in 2022. The Recycled Carbon Fiber Market is expected to become US$ 332.17 Mn by 2029

Recycled Carbon Fiber Market Overview:

Extensive Recycled Carbon Fiber Market analysis is carried out by attentively monitoring important product positioning and the market framework’s top competitors. Key competitors are profiled and their tactics are extensively examined to grasp the competitive perspective of the global Recycled Carbon Fiber market.

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Market Scope:

This research on the Recycled Carbon Fiber industry is based on a thorough examination of the market, supported by secondary and primary sources. Market volume is determined by a country-by-country model mapping of Recycled Carbon Fiber utilizing internal and external private information, as well as relevant patent and regulatory sources.

Recycled Carbon Fiber Market Dynamics: 

A strong, lightweight, and recyclable material is Recycled Carbon Fiber. Additionally, it is used to make materials for food packaging as well as consumer items like CD and DVD cases. It is a low-cost, high-strength plastic that may be recycled into materials for home building, used to insulate structures, and be made into sterile disposable cutlery. The market is anticipated to grow over the course of the projected period as a result of the expanding product application scope across various end-use sectors.

The market is being driven by the expanding end markets for Recycled Carbon Fiber, which include the electronics and construction sectors. The expansion of the Recycled Carbon Fiber market is being driven by the rising usage of expanded Recycled Carbon Fiber in building and insulation. The Recycled Carbon Fiber industry will benefit from the rising construction market. 

Recycled Carbon Fiber Market Segmentation:

The Recycled Carbon Fiber Market is divided into General Purpose Recycled Carbon Fiber, High Impact Recycled Carbon Fiber, and Expandable Recycled Carbon Fiber based on the type of resin used. With a sales share of about 34.2% in 2022, the High Impact Recycled Carbon Fiber sector has become the dominating resin type category. High Impact Recycled Carbon Fiber, which is exceptionally durable and resistant to cracking, is used in the molding process. Painting and gluing are simple and inexpensive. It is used to make housing and covers, weak structural elements, printed graphics, models and prototypes, fittings, and other things. Other grades include those with ignition resistance, high gloss, and environment stress crack resistance. The market expansion for Recycled Carbon Fiber in this niche is driven by these significant advantages.

by Type

Chopped Recycled
Milled Recycled

By Type: Chopped and milled recycled fibers are the two categories into which the recycled carbon fiber market may be divided. Shorter in length, chopped recycled fibers are frequently utilized in applications that call for increased impact resistance and handling simplicity. Conversely, Milled Recycled fibers have greater aspect ratios and are finely ground, which makes them appropriate for applications that demand better surface quality and mechanical qualities. Both varieties of recycled carbon fibers provide environmentally friendly substitutes for virgin carbon fibers, promoting the circular economy and lessening their negative effects on the environment across a range of sectors, including consumer goods, automotive, and aerospace.

by Source

Automotive Scrap
Aerospace Scrap
Wind & Turbine Scrap
Other Sources

By Source: There are various categories into which the recycled carbon fiber market may be divided. Carbon fiber trash produced by the automotive industry during production or end-of-life vehicle recycling is referred to as automotive scrap. Production cut-offs and retired aircraft components are examples of carbon fiber waste from the aircraft manufacturing process that is included in aerospace scrap. Wind and Turbine Scrap is made up of decommissioned turbine blades and carbon fiber trash from wind turbine production. The term “Other Sources” refers to a broad range of businesses that produce carbon fiber waste either during the production process or through product disposal, including consumer electronics, construction, and sporting goods.

by End-User Industry

Automotive & Transportation
Aerospace and Defense
Wind Energy
Sporting Goods
Marine Goods
Consumer Goods
Other End-user Industries

by Process Outlook


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Key Players:

A team of research professionals updates and amends our data regularly to reflect the most recent trends and facts. To fulfill the needs of both individual and corporate clients, we have substantial competence in research and consulting for a wide range of business disciplines. Our knowledgeable staff uses proprietary data sources as well as a range of additional approaches. The key players in the Recycled Carbon Fiber business are…

North America:

1. Carbon Conversions Inc. (United States)
2. Vartega Inc. (United States)
3. Fiber-Line Inc. (United States)
4. ZOLTEK Corporation (United States)
5. Materials Innovation Technologies (United States)
6. Carbon Fiber Recycling Inc. (United States)


7. SGL Carbon SE (Germany)
8. CFK Valley Recycling GmbH (Germany)
9. Carbon Clean Tech AG (Switzerland)
10. ELG Carbon Fibre Ltd. (United Kingdom)
11. Sigmatex (United Kingdom)
12. EconCore (Belgium)
13. Fiberline Composites A/S (Denmark)

Asia Pacific:

14. Carbon Conversions Asia Pacific Pte. Ltd. (Singapore)
15. Teijin Ltd. (Japan)
16. MRC Ltd. (Japan)
17. Toray Industries Inc. (Japan)
18. Shanghai Engwei International Trading Co., Ltd. (China)
19. Beijing Composite Materials Co., Ltd. (China)
20. Hi-tech Carbon Co., Ltd. (China)
21. Taekwang Industrial Co., Ltd. (South Korea)
22. PlastiComp, Inc. (South Korea)

South America:
23. LNP (Brazil)
24. AGY Holdings Corp. (Mexico)
25. Grupo KUO S.A.B. de C.V. (Mexico)

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 Regional Analysis:

The study presents regional competitive circumstances. These insights help market participants improve their approaches and provide new opportunities to achieve amazing results.

COVID-19 Impact Analysis on Recycled Carbon Fiber Market:

The spread of the COVID-19 pandemic has had a wide-ranging influence on people’s lives all around the world. Markets have been forced to adopt new norms, trends, and tactics as a result. Essentially, the study report tries to paint a picture of the market’s initial and future projections.

Key Questions Answered in the Recycled Carbon Fiber Market Report are:

  • What will be the CAGR of the Recycled Carbon Fiber market during the forecast period?
  • Which segment emerged as the leading segment in the Recycled Carbon Fiber market?
  • Which are the prominent players in the Recycled Carbon Fiber market?
  • What will be the Recycled Carbon Fiber market size by 2027?
  • Which company held the largest share in the Recycled Carbon Fiber market?

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