Recycled Carbon Fibers Global Market to Reach $237 Million by 2030: Rise in Use of Carbon Fibers and Composites in Aerospace Sector Benefits Demand

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Jul 11, 2023, 18:15 ET

DUBLIN, July 11, 2023 /PRNewswire/ -- The "Recycled Carbon Fibers: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Recycled Carbon Fibers estimated at US$115.6 Million in the year 2022, is projected to reach a revised size of US$237 Million by 2030, growing at a CAGR of 9.4% over the analysis period 2022-2030.

Chopped, one of the segments analyzed in the report, is projected to record 9.9% CAGR and reach US$146.5 Million by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Milled segment is readjusted to a revised 8.6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $27.5 Million, While China is Forecast to Grow at 11.5% CAGR

The Recycled Carbon Fibers market in the U.S. is estimated at US$27.5 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$42.1 Million by the year 2030 trailing a CAGR of 11.5% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.2% and 8.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 9.6% CAGR.

Select Competitors (Total 49 Featured) -

Alpha Recyclage Composites
Carbon Conversions Inc.
Carbon Fiber Recycling, Inc.
Carbon Fiber Remanufacturing
Hadeg Recycling GmbH
Procotex Corporation SA
SGL Carbon SE
Shocker Composites LLC.
Sigmatex Limited
Teijin Limited
Toray Industries Inc.
Vartega Inc.
ZOLTEK Corporation

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
2020: A Year of Disruption & Transformation
As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed in 2021
World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
Impact on Recycled Carbon Fibers Market
Recycled Carbon Fibers - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Rising Uptake of High-Performance Fibers & Sustainability Drive Set Perfect Stage for Recycled Carbon Fiber Market
Sustainability Drive & Recycling: A MajorTrend in Carbon Fiber Composites Domain
Major Carbon Recycling Technologies
Energy Required (MJ) to Recycle 1 kg Carbon Fibre Reinforced Polymer (CFRP) by Different Routes
Potential Gap in Carbon Fiber Demand & Supply and Environmental Issues Bode Well for Recycled Carbon Fiber
Carbon Recycling Issues
A Note on Carbon Fibers
Global Carbon Fiber Production Capacity by Region/Country (in '000 mt): 2019
Cost of Carbon Fiber: A Major Limiting Factor
Carbon Fiber Composites Market: Steady Growth Prospects
Global Demand for Carbon Fiber Reinforced Plastics (CFRP) in Thousand Mt for 2015, 2020, and 2025
Recent Market Activity

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Startups Seek Role in Carbon Fiber Recycling Market
Some of the Leading Carbon Fiber Recycling Start-Up Companies
Companies Venture into Development of Effective Processes for Recycling
Carbon Fiber Recycling Presents a Cost-Effective Feedstock Option for Auto manufacturers
Carbon Fiber Emerges Finds Increasing Preference for Replacing Steel in Automotive Industry
Ongoing Shift towards Lighter Weight Vehicles to Drive Future Demand
Breakdown of Automotive Material Mix: 2020
Average Vehicle Weight (in Pounds) for the Years 2015, 2020 and 2028
Emission Control Legislations in Select Regions/Countries
Emissions Target (In Grams per Mile) and Fuel Efficiency Target (In Miles per Gallon) Established by CAFE Standards for the Years 2018-2025
Rise in Use of Carbon Fibers and Composites in Aerospace Sector Benefits Demand
Raw Material Use in Aircraft Manufacturing Worldwide (2021): Percentage Breakdown of Volume Demand by Type of Raw Material
Adoption of In-House Recycling to Benefit Growth
Increasing Share of Carbon Composites in Commercial Aircrafts
Aerospace Demand for Carbon Fiber in Various Aircraft Types: 2018
Impact of Pandemic on Aerospace Sector
Commercial Airline Revenue Growth (in %) for 2010-20
Global Airlines Performance by Region: 2020 Vs 2019
Rising Investments in Wind Energy Augur Well for Market growth
Growing Preference for Carbon Fiber over Glass Fiber in Wind Energy Sector to Benefit Demand
Projected Net Capacity Additions of Renewable Energy (In GW) for the Period 2019 to 2024
Global Wind Power Market: Cumulated Installed Capacity (in GW) for the Years 2012 through 2020
Trend towards Longer & Lightweight Blades Bodes Well for Carbon Fiber Market
Rising Potential for Carbon Fiber Usage Sport Goods to Drive Demand for Receycled Carbon Fiber

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/g43nk7

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