Global CFRP Recycle Market Growth 2023-2029

Global CFRP Recycle Market Growth 2023-2029

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is recycling CFRP from end-of-life parts and waste generated in the production process, such as scrap materials, out-of-date prepreg.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.

LPI (LP Information)' newest research report, the “CFRP Recycle Industry Forecast” looks at past sales and reviews total world CFRP Recycle sales in 2022, providing a comprehensive analysis by region and market sector of projected CFRP Recycle sales for 2023 through 2029. With CFRP Recycle sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world CFRP Recycle industry.

This Insight Report provides a comprehensive analysis of the global CFRP Recycle landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on CFRP Recycle portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global CFRP Recycle market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for CFRP Recycle and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global CFRP Recycle.

The global CFRP Recycle market size is projected to grow from US$ 303.1 million in 2022 to US$ 515.5 million in 2029; it is expected to grow at a CAGR of 515.5 from 2023 to 2029.

Europe is the largest region of CFRP Recycle, with a market share about 55%. It was followed by North America with 30%. Carbon Conversions, ELG Carbon Fibre, Karborek, Mitsubishi (CFK Valley Recycling) and JCMA are the top 5 manufacturers of industry, and they had about 70% combined market share.

This report presents a comprehensive overview, market shares, and growth opportunities of CFRP Recycle market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Chemical Process

Physical Process

Segmentation by application

Aerospace

Sporting Goods

Automobiles

Industrial Use

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Carbon Conversions

ELG Carbon Fibre

Karborek

Mitsubishi (CFK Valley Recycling)

JCMA

Carbon Fiber Remanufacturing

CRTC

Adherent Tech

Hadeg Recycling

Procotex

SGL Carbon

CFRI

Sigmatex

Carbon Fiber Recycling

Key Questions Addressed in this Report

What is the 10-year outlook for the global CFRP Recycle market?

What factors are driving CFRP Recycle market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do CFRP Recycle market opportunities vary by end market size?

How does CFRP Recycle break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.