Global Recycled CFRP Market 2023 by Company, Regions, Type and Application, Forecast to 2029
According to our (Global Info Research) latest study, the global Recycled CFRP market size was valued at USD 318.8 million in 2022 and is forecast to a readjusted size of USD 521.1 million by 2029 with a CAGR of 7.3% during review period.
CFRP (Carbon fiber reinforced plastics/polymer) are ideal lightweight structural materials for aerospace, automotive, energy and sports industries. CFRP Recycle is recycling CFRP from end-of-life parts and waste generated in the production process, such as scrap materials, out-of-date prepreg.
Carbon fiber is an advanced material ten times stronger than steel at only a quarter of its weight. CFRP, a composite material made of carbon fiber and plastic, has the added advantage of being highly resistant to deformation and to both acid and alkaline corrosion.
Global key players of Recycled CFRP include Carbon Conversions, Gen 2 Carbon, Mitsubishi (CFK Valley Recycling), Adherent Tech, etc. The top four players hold a share over 45%. Europe is the largest market, has a share about 45%, followed by North America, and Japen, with share 33% and 8%, separately. In terms of product type, Physical Process is the largest segment, occupied for a share of 97%, and in terms of application, Automobiles has a share about 40%.
The Global Info Research report includes an overview of the development of the Recycled CFRP industry chain, the market status of Aerospace (Physical Process, Chemical Process), Sporting Goods (Physical Process, Chemical Process), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Recycled CFRP.
Regionally, the report analyzes the Recycled CFRP markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Recycled CFRP market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Recycled CFRP market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Recycled CFRP industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Physical Process, Chemical Process).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Recycled CFRP market.
Regional Analysis: The report involves examining the Recycled CFRP market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Recycled CFRP market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Recycled CFRP:
Company Analysis: Report covers individual Recycled CFRP players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Recycled CFRP This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Aerospace, Sporting Goods).
Technology Analysis: Report covers specific technologies relevant to Recycled CFRP. It assesses the current state, advancements, and potential future developments in Recycled CFRP areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Recycled CFRP market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Recycled CFRP market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
Physical Process
Chemical Process
Market segment by Application
Aerospace
Sporting Goods
Automobiles
Industrial Use
Others
Market segment by players, this report covers
Carbon Conversions
Gen 2 Carbon
Mitsubishi (CFK Valley Recycling)
JCMA
Carbon Fiber Remanufacturing
CRTC
Adherent Tech
Hadeg Recycling
Procotex
SGL Carbon
CFRI
Sigmatex
Carbon Fiber Recycling
Catack-H
Nantong Fuyuan
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Recycled CFRP product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Recycled CFRP, with revenue, gross margin and global market share of Recycled CFRP from 2018 to 2023.
Chapter 3, the Recycled CFRP competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Recycled CFRP market forecast, by regions, type and application, with consumption value, from 2024 to 2029.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War
Chapter 12, the key raw materials and key suppliers, and industry chain of Recycled CFRP.
Chapter 13, to describe Recycled CFRP research findings and conclusion.