Global Carbon Fiber Recycling Market Growth (Status and Outlook) 2025-2031

The global Carbon Fiber Recycling market size is predicted to grow from US$ 112 million in 2025 to US$ 249 million in 2031; it is expected to grow at a CAGR of 14.2% from 2025 to 2031.

Carbon fiber recycling is the process of reclaiming carbon fibers from end-of-life products, manufacturing waste, or damaged materials for reuse in various applications. Carbon fiber is a strong, lightweight material commonly used in industries such as aerospace, automotive, wind energy, and sports equipment due to its exceptional strength-to-weight ratio. However, producing carbon fiber is energy-intensive and costly, making recycling an attractive option for reducing waste and conserving resources. The recycling process typically involves methods such as pyrolysis, chemical processing, or mechanical shredding to recover fibers while maintaining their properties. Recycled carbon fiber is increasingly used in applications where slightly lower performance is acceptable, such as in non-structural automotive components, electronics casings, and consumer goods, helping to reduce the environmental impact and cost of carbon fiber production.

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.

The global carbon fiber recycling market is gaining momentum as industries seek sustainable alternatives to manage the growing waste from carbon fiber products and manufacturing processes. Carbon fiber's use in industries such as aerospace, automotive, and wind energy has surged due to its lightweight and high-strength properties. However, the high cost and energy-intensive production of virgin carbon fiber, coupled with the increasing focus on reducing environmental footprints, are driving the demand for recycling solutions. Recycled carbon fiber offers a cost-effective alternative with significant environmental benefits, as it requires up to 90% less energy to produce compared to virgin carbon fiber. The aerospace and automotive sectors, in particular, are leading this trend as they look for ways to incorporate recycled materials into non-structural components to reduce material costs and enhance sustainability.

Technological advancements in carbon fiber recycling methods, such as pyrolysis and solvolysis, are making it possible to recover high-quality fibers without significant degradation of properties. Europe and North America are at the forefront of this market, driven by strict environmental regulations, sustainability goals, and innovation in recycling technologies. In addition, the Asia-Pacific region is emerging as a key player, fueled by the rapid expansion of the automotive and wind energy sectors. The wind energy industry is especially notable, as decommissioned wind turbine blades, made of carbon fiber composites, present a major recycling challenge. As industries increasingly prioritize circular economies and resource efficiency, the global carbon fiber recycling market is expected to see strong growth, with new applications and expanded infrastructure driving further demand.

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 2024, providing a comprehensive analysis by region and market sector of projected Carbon Fiber Recycling sales for 2025 through 2031. 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 analyses 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.

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.

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

Mitsubishi Chemical

JCMA

Carbon Fiber Remanufacturing

Adherent Technologies

Hadeg Recycling

Procotex

CFRI

Sigmatex

Shocker Composites

Veolia

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