Global Carbon Fiber Recycling Market Growth (Status and Outlook) 2023-2029

Global Carbon Fiber Recycling Market Growth (Status and Outlook) 2023-2029

In addition to the expensive production process, carbon fibre has a further drawback – it is difficult to recycle. This is because in the production process of carbon fibre, long acrylic fibres are bonded to a polymer, which strongly resembles glue. That takes high temperatures, of up to hundreds of degrees Celsius, and powerful forces. This means the polymers are not at all easy to separate during the recycling process. It can be done, but requires a chemical or mechanical process. Another option is to burn off the polymers.
LPI (LP Information)' newest research report, the “Carbon Fiber Recycling Industry Forecast” looks at past sales and reviews total world Carbon Fiber Recycling sales in 2022, providing a comprehensive analysis by region and market sector of projected Carbon Fiber Recycling sales for 2023 through 2029. With Carbon Fiber Recycling sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Carbon Fiber Recycling industry.
This Insight Report provides a comprehensive analysis of the global Carbon Fiber Recycling 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 Carbon Fiber Recycling portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Carbon Fiber Recycling market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Carbon Fiber Recycling 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 Carbon Fiber Recycling.
The global Carbon Fiber Recycling market size is projected to grow from US$ 90 million in 2022 to US$ 227.2 million in 2029; it is expected to grow at a CAGR of 14.2% from 2023 to 2029.
Global core carbon fiber recycling players include Gen 2 Carbon, Hadeg Recycling, Karborek Recycling Carbon Fibres etc. The top 2 companies hold a share about 28%. Europe is the largest market, with a share about 48%, followed by North America with the share about 29%. In terms of product, chopped carbon fiber recycling is the largest segment, with a share over 76%. And in terms of application, the largest application is automobiles, followed by sporting goods.
This report presents a comprehensive overview, market shares, and growth opportunities of Carbon Fiber Recycling market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Chopped Carbon Fiber Recycling
Milled Carbon Fiber Recycling
Segmentation by application
Automobiles
Sporting Goods
Aerospace
Industrial
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
Gen 2 Carbon
Karborek Recycling Carbon Fibres
CFK Valley Stade Recycling
JCMA
Carbon Fiber Remanufacturing
Adherent Technologies
Hadeg Recycling
Procotex
CFRI
Sigmatex
Shocker Composites
Vartega

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