Recycled Carbon Fiber Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The Global Recycled Carbon Fiber Market is projected to register a CAGR of over 5% during the forecast period (2022-2027).
The market was negatively impacted by COVID-19 in 2020. The COVID-19 pandemic is affecting the Recycled Carbon Fiber market because of disruption in the supply chain. As the pandemic spread, many auto companies across the country shut down their manufacturing activities due to the nationwide shutdown. In contrast, the market is expected to expand further in 2022.
Key HighlightsThe Recycled Carbon Fiber market is partially consolidated in nature. Some of the major players in the market include KARBOREK RCF., Procotex Corporation SA, Vartega Inc., ELG Carbon Fiber Ltd., and Shocker Composites LLC among others (not in any particular order).
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