According to the recent study the recycled carbon fiber market is projected to reach an estimated $103 million by 2030 from $59 million in 2023 at a CAGR of 8% from 2023 to 2030. Growth in this market is primarily driven by regulations for reuse & recyclability of materials and the cost advantage of recycled carbon fiber compared to virgin carbon fiber.
Browse 107 figures/charts
and 68 tables in this 205-page report to understand trends, opportunities and
forecast in recycled carbon fiber market by end use industry (aerospace,
transportation, consumer electronics, sporting goods, and others), product type
(non-woven mats, chopped carbon fiber, and
milled carbon fiber), and region (North America, Europe, APAC, The Rest
of the World).
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sample by clicking on recycled carbon fiber market
Lucintel forecasts that
transportation will remain the largest end use over the forecast period due to
increasing demand for lightweight, cost-effective materials. Sporting good is
expected to witness the highest growth over the forecast period.
Non-woven mats will
remain the largest product type and it is also expected to witness the highest
growth over the forecast period due to the growing demand for low cost,
recycled carbon fiber in structural applications.
Europe is expected to
remain the largest region over the forecast period. APAC is expected to witness
highest growth over the forecast period.
Procotex, Gen 2 Carbon
(Carbon Fiber Ltd)., GL Carbon, CFK Valley Recycling , Carbon Conversion Inc.,
Vartega, Toray, and Karborek are the
major suppliers in the recycled carbon fiber market.
This unique research
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About Lucintel
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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