Global Recycled Carbon Fiber Market 2022-2028
Using reclaimed and recycled carbon fiber is a low-cost alternative to virgin material for automotive and industrial applications. Even with its 10-20% reduction in tensile strength, recycled carbon fiber remains one of the strongest of all commercial reinforcing fibers available today. The global recycled carbon fiber market is likely to register a CAGR of over 8.7% with an incremental growth of USD 104 million during the forecast period 2022-2028.
The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global recycled carbon fiber market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the recycled carbon fiber industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, end user, and region. The global market for recycled carbon fiber can be segmented by product: chopped carbon fiber, milled carbon fiber, non-woven mats. Recycled carbon fiber market is further segmented by end user: aerospace and defense, automotive, consumer goods and electronics, industrial, sporting goods, wind energy, others. The automotive segment is estimated to account for the largest share of the global recycled carbon fiber market. Based on region, the recycled carbon fiber market is segmented into: Asia Pacific, Europe, North America, Rest of the World (RoW).
By product:
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook