Recycled Carbon Fiber Market Revenue, Company Profile, Key Trend Analysis & Forecast, 2021–2028

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The global recycled carbon fiber market size reached USD 126.0 Million in 2021 and is expected to register a revenue CAGR of 11.7% during the forecast period, according to latest analysis by Emergen Research.

The Global Recycled Carbon Fiber Market report by Emergen and Research is an all-encompassing study of the global Recycled Carbon Fiber market. The report serves as a prototype of the highly functional Recycled Carbon Fiber industry. Our market researchers’ panel has performed quantitative and qualitative assessments of the global Recycled Carbon Fiber market dynamics in a bid to forecast the global market growth over the forecast period. They have taken into consideration several factors, such as market penetration, pricing structure, product portfolios, end-user industries, and the key market growth drivers and constraints, to endow the readers with a sound understanding of the market.

The research report analyzes the overall impact of the pandemic on the Recycled Carbon Fiber industry, along with its impact on the key segments and sub-segments of the market. Moreover, the report assesses the COVID-19 pandemic’s impact on the key geographical region and their effect on the overall market owing to different restrictions imposed in different regions and countries.

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Global Recycled Carbon Fiber Market has been developing at a rapid rate and is contributing significantly to the global economy in terms of revenue, growth rate, sales, market share, and size. The Global Recycled Carbon Fiber Market report is a comprehensive research document that provides valuable insights to the readers to understand the fundamentals of the Recycled Carbon Fiber market.

Key Players Profiled in the Report are:

Toray Industries, Inc., SGL Carbon, Carbon Conversions, Shocker Composites, LLC, Procotex, Alpha Recycling Composites, Carbon Fiber Remanufacturing (CFR), Vartega Inc., ZOLTEK Corporation, CATACK-H, Elevated Materials, and Mitsubishi Chemical Corporation.

Emergen Research has segmented global recycled carbon fiber market on the basis of processes, type, application, and region:

Processes Outlook (Revenue, USD Million; 2019-2030)

Pyrolysis

Solvolysis

Others

Type Outlook (Revenue, USD Million; 2019-2030)

Chopped Recycled Carbon Fiber

Milled Recycled Carbon Fiber

Others

Application Outlook (Revenue, USD Million; 2019-2030)

Automotive

Civil Engineering

Marine

Sporting Goods

Pressure Vessels

Oil Gas

Others

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Some Key Highlights From the Report

Solvolysis segment accounted for moderate revenue share in 2021. Solvolysis process is the next-generation carbon fiber recycling technology that offers the recovery of chemical products from the polymer as well as the recovery of high-grade carbon fiber with minimal degradation. Increasing demand from the construction industry, and rising awareness among end-users regarding various benefits of utilizing processes such as solvolysis to extract carbon fiber, are major factors driving the growth of this segment. Carbon fiber materials play a critical role in the construction industry. This is primarily attributed to their exceptional physical and mechanical properties such as high compression and shear strength, flexibility, and others. Therefore, they are extensively used in preventing cracks in building structures. Moreover, their enhanced capabilities to withstand extreme temperatures enable industry professionals to replace steel with carbon fiber.

Chopped Recycled Carbon Fiber segment accounted for significant revenue share in 2021. Increasing demand from the automotive industry and wide availability of various grades of chopped recycled carbon fiber from prominent market participants such as ZOLTEK Corporation, and others play a crucial role in driving this segment’s growth. Chopped recycled carbon fiber offers various material properties such as low density, high strength, dimensional stability, and low thermal expansion. In addition, it also provides significant cost savings for manufacturers. Therefore, demand for chopped recycled carbon fiber is rising and this is going to continue throughout the forecast period.

Marine segment accounted for significant revenue share in 2021. Significant investments by prominent market participants is a major factor contributing to the growth of this segment. Carbon fiber composites will make the next generation of yachts, cruisers, and racing vessels lighter and stronger. Tough, long-lasting carbon composite materials withstand the rigors of marine environments. In addition, carbon fiber\'s high specific stiffness lends itself well to use in applications such as masts, hulls, and propellers. The end result is improved fuel efficiency in end products and cost-effectiveness in the marine manufacturing process.

Key Coverage of the Recycled Carbon Fiber Market:

Insightful information regarding the global Recycled Carbon Fiber market

Identification of growth in various segments and sub-segments of the Recycled Carbon Fiber market

Strategic recommendations for investment opportunities

The report covers significant statistics related to the industry along with products, applications, price analysis, demand supply, and production and consumptions rate

Emerging trends and current market segment analysis to help investors formulate new business strategies

Accelerates the decision-making process through the availability of the drivers and limitations

The report provides a comprehensive analysis in an organized manner in the form of tables, graphs, charts, figures, and diagrams. The organized data paves the way for thorough examination and research of the current and future outlook of the market. The report further offers a thorough SWOT and Porter’s Five Forces analysis to impart a better understanding of the competitive landscape of the Recycled Carbon Fiber market.

The market is spread across several key geographical regions, and the report covers the regional analysis as well as the production, consumption, revenue, and market share in those regions for the forecast period of 2020-2027. The regions include North America, Latin America, Europe, Asia Pacific, and Middle East and Africa.

Comprehensive Regional Analysis Covers the Following Regions:

North America (U.S., Canada, Mexico)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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