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Global Recycled Carbon Fiber Market Size, Trends, By Type (Chopped Recycled Carbon Fiber and Milled Recycled Carbon Fiber), By Source (Wind and Turbine Scrap, Aerospace Scrap, Others), By End User (Automotive and Transportation, Construction, Marine, Industrial, Others), By Region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa): Growth Opportunity Analysis and Industry Forecast, 2023-2030.


Report ID : IR1001182 | Industries : Healthcare | Published On :May 2024 | Page Count : 250

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  • Global Recycled Carbon Fiber Market Size, Trends, By Type (Chopped Recycled Carbon Fiber and Milled Recycled Carbon Fiber), By Source (Wind and Turbine Scrap, Aerospace Scrap, Others), By End User (Automotive and Transportation, Construction, Marine, Industrial, Others), By Region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa): Growth Opportunity Analysis and Industry Forecast, 2023-2030.
    Global Recycled Carbon Fiber Market 
    The Global Recycled Carbon Fiber Market was valued at USD 148.5 million in 2022 and is expected to expand to USD 333.8 million by 2030, at a CAGR of 8.39% during the forecast period 2023-2030.
    Recycled carbon fiber is a waste or other fiber composites which can be recycled using 4 types of technologies. There are 2 main types of carbon fiber waste: The 1st type of waste is virgin carbon fiber offcuts of the product generated from dry fiber and 2nd is the non-used expired material, which is also called scrap.
    Recycled carbon fiber obtained from transportation & automotive is compatible with the thermoset and thermoplastic resin matrix. It is used in some sectors such as aerospace & defense, automotive & transportation, industrial, marine, consumer goods, sporting goods, and other end-use industries. 
    Market Drivers
    The increase in the demand for lightweight vehicles, the rising number of carbon fiber scrap recycling, its growing reuse in the wind energy sector, and the cost-effectiveness of recycled carbon fiber are some of the important factors driving the market demand.
    Furthermore, shifting focus towards sustainability, advancement in R&D for recycling techniques, and growing potential demand from additive manufacturing and 3D printing sectors are boosting the market.
    Market Restraints
    The availability of various alternatives or substitutes and supply chain security for recycled carbon fiber are some of the factors hindering the global recycled carbon fiber market's growth
    Market Segmentation
    The global recycled carbon fiber market is segmented into type (chopped recycled carbon fiber and milled recycled carbon fiber), source (wind and turbine scrap, aerospace scrap, others), and end-user (automotive and transportation, construction, marine, industrial, others).
    Regional Analysis
    The global recycled carbon fiber market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
    The North American region is expected to dominate the global recycled carbon fiber market and will witness the highest CAGR during the forecast period. The building & construction sector in the U.S. is expanding rapidly, which has increased the demand for recycled carbon fiber used for constructing windows, exterior trim, door systems, decks, fences, columns, and pergolas. Additionally, the automotive sector in Canada is also growing rapidly, which is enhancing the performance of the recycled carbon fiber products used for producing many automotive parts.
    Key Players
    Various key players are discussed in the global recycled carbon fiber market report including; Toray Industries, Inc., SGL Carbon, Carbon Conversions, Shocker Composites, LLC, Bcircular, Procotex, Vartega Inc., Sigmatex, Carbon Fiber Remanufacturing, Gen 2 Carbon Limited and Others.
    Market Taxonomy
    By Type

    •        Chopped Recycled Carbon Fiber
    •        Milled Recycled Carbon Fiber
    By Source
    •        Wind and Turbine Scrap
    •        Aerospace Scrap
    •        Others
    By End User
    •        Automotive
    •        Transportation
    •        Construction
    •        Marine
    •        Industrial
    •        Others
    By Region
    •        North America
    •        U.S.
    •        Canada
    •        Mexico
    •        Latin America
    •        Brazil
    •        Argentina
    •        Colombia
    •        Peru
    •        Chile
    •        Venezuela
    •        Rest of Latin America
    •        Europe
    •        Germany
    •        France
    •        UK
    •        Russia
    •        Italy
    •        Spain
    •        Rest of Europe
    •        Asia Pacific
    •        China    
    •        Japan
    •        India
    •        South Korea
    •        Australia
    •        New Zealand
    •        Singapore
    •        Malaysia
    •        Rest of Asia Pacific
    •        Middle East & Africa
    •        Saudi Arabia
    •        UAE
    •        Egypt
    •        Kuwait
    •        South Africa
    •        Tanzania
    •        Rest of The Middle East & Africa
    Key Question Addressed by the Report
    · What are the Key Opportunities in the Global Recycled Carbon Fiber Market?
    · What will be the growth rate from 2023 to 2030?
    · Which segment/region will have the highest growth?
    · What are the factors that will impact/drive the Market?
    · What is the role of key players in the value chain?

    Global Recycled Carbon Fiber Market TOC:
    1 Introduction        
    1.1 Objective of the Study
    1.2 Market Definition
    1.3 Market Scope
    2 Research Methodology
    2.1 Data Mining
    2.2 Validation
    2.3 Primary Interviews
    2.4 List of Data Sources
    3 Executive Summary
    4 Global Recycled Carbon Fiber Market Outlook
    4.1 Overview
    4.2 Market Dynamics
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.2.4 Cumulative Impact Due To Recent Energy Crisis
    4.2.5 Cumulative Impact Due To Nearing Economic Downturn
    4.2.6 Post-Covid-19 World Supply and Demand Conditions
    4.2.7 Cumulative Impact of Russia-Ukraine Conflict
    4.3 Porters Five Force Model
    4.4 Value Chain Analysis
    5 Global Recycled Carbon Fiber Market, By Type
    5.1 Y-o-Y Growth Comparison, By Type
    5.2 Global Recycled Carbon Fiber Market Share Analysis, By Type
    5.3 Global Recycled Carbon Fiber Market Size and Forecast, By Type
    5.3.1 Chopped Recycled Carbon Fiber
    5.3.2 Milled Recycled Carbon Fiber
    6 Global Recycled Carbon Fiber Market, By Source
    6.1 Y-o-Y Growth Comparison, By Source
    6.2 Global Recycled Carbon Fiber Market Share Analysis, By Source
    6.3 Global Recycled Carbon Fiber Market Size and Forecast, By Source
    6.3.1 Wind and Turbine Scrap
    6.3.2 Aerospace Scrap
    6.3.3 Others
    7 Global Recycled Carbon Fiber Market, By End User
    7.1 Y-o-Y Growth Comparison, By End User
    7.2 Global Recycled Carbon Fiber Market Share Analysis, By End User
    7.3 Global Recycled Carbon Fiber Market Size and Forecast, By End User
    7.3.1 Automotive
    7.3.2 Transportation
    7.3.3 Construction
    7.3.4 Marine
    7.3.5 Industrial
    7.3.6 Others
    8 Global Recycled Carbon Fiber Market, By Region
    8.1 Global Recycled Carbon Fiber Market Share Analysis, By Region
    8.2 Global Recycled Carbon Fiber Market Share Analysis, By Region
    8.3 Global Recycled Carbon Fiber Market Size and Forecast, By Region
    9 North America Recycled Carbon Fiber Market Analysis and Forecast (2023-2030)
    9.1 Introduction
    9.2 North America Recycled Carbon Fiber Market Share Analysis, By Type
    9.3 North America Recycled Carbon Fiber Market Share Analysis, By Source
    9.4 North America Recycled Carbon Fiber Market Share Analysis, By End User
    9.5 North America Recycled Carbon Fiber Market Size and Forecast, By Country
    9.5.1 U.S
    9.5.1.1 Market Size and Forecast, By Type
    9.5.1.2 Market Size and Forecast, By Source
    9.5.1.3 Market Size and Forecast, By End User
    9.5.2 Canada
    9.5.2.1 Market Size and Forecast, By Type
    9.5.2.2 Market Size and Forecast, By Source
    9.5.2.3 Market Size and Forecast, By End User
    9.5.3 Mexico
    9.5.3.1 Market Size and Forecast, By Type
    9.5.3.2 Market Size and Forecast, By Source
    9.5.3.3 Market Size and Forecast, By End User 
    10 Europe Recycled Carbon Fiber Market Analysis and Forecast (2023-2030)
    10.1 Introduction
    10.2 Europe Recycled Carbon Fiber Market Share Analysis, By Type
    10.3 Europe Recycled Carbon Fiber Market Size and Forecast, By Source
    10.4 Europe Recycled Carbon Fiber Market Size and Forecast, By End User
    10.5 Europe Recycled Carbon Fiber Market Size and Forecast, By Country
    10.5.1 Germany
    10.5.1.1 Market Size and Forecast, By Type
    10.5.1.2 Market Size and Forecast, By Source
    10.5.1.3 Market Size and Forecast, By End User
    10.5.2 France
    10.5.2.1 Market Size and Forecast, By Type
    10.5.2.2 Market Size and Forecast, By Source
    10.5.2.3 Market Size and Forecast, By End User
    10.5.3 UK
    10.5.3.1 Market Size and Forecast, By Type
    10.5.3.2 Market Size and Forecast, By Source
    10.5.3.3 Market Size and Forecast, By End User
    10.5.4 Russia
    10.5.4.1 Market Size and Forecast, By Type
    10.5.4.2 Market Size and Forecast, By Source
    10.5.4.3 Market Size and Forecast, By End User
    10.5.5 Italy
    10.5.5.1 Market Size and Forecast, By Type
    10.5.5.2 Market Size and Forecast, By Source
    10.5.5.3 Market Size and Forecast, By End User
    10.5.6 Spain
    10.5.6.1 Market Size and Forecast, By Type
    10.5.6.2 Market Size and Forecast, By Source
    10.5.6.3 Market Size and Forecast, By End User
    10.5.7 Rest of Europe
    10.5.7.1 Market Size and Forecast, By Type
    10.5.7.2 Market Size and Forecast, By Source
    10.5.7.3 Market Size and Forecast, By End User
    11 Asia Pacific Recycled Carbon Fiber Market Analysis and Forecast (2023-2030)
    11.1 Introduction
    11.2 Asia Pacific Recycled Carbon Fiber Market Share Analysis, By Type
    11.3 Asia Pacific Recycled Carbon Fiber Market Size and Forecast, By Source
    11.4 Asia Pacific Recycled Carbon Fiber Market Size and Forecast, By End User
    11.5 Asia Pacific Recycled Carbon Fiber Market Size and Forecast, By Country
    11.5.1 China
    11.5.1.1 Market Size and Forecast, By Type
    11.5.1.2 Market Size and Forecast, By Source        
    11.5.1.3 Market Size and Forecast, By End User
    11.5.2 Japan
    11.5.2.1 Market Size and Forecast, By Type
    11.5.2.2 Market Size and Forecast, By Source
    11.5.2.3 Market Size and Forecast, By End User
    11.5.3 India
    11.5.3.1 Market Size and Forecast, By Type
    11.5.3.2 Market Size and Forecast, By Source
    11.5.3.3 Market Size and Forecast, By End User
    11.5.4 South Korea
    11.5.4.1 Market Size and Forecast, By Type
    11.5.4.2 Market Size and Forecast, By Source
    11.5.4.3 Market Size and Forecast, By End User
    11.5.5 Australia
    11.5.5.1 Market Size and Forecast, By Type
    11.5.5.2 Market Size and Forecast, By Source
    11.5.5.3 Market Size and Forecast, By End User
    11.5.6 New Zealand
    11.5.6.1 Market Size and Forecast, By Type
    11.5.6.2 Market Size and Forecast, By Source
    11.5.6.3 Market Size and Forecast, By End User
    11.5.7 Singapore
    11.5.7.1 Market Size and Forecast, By Type
    11.5.7.2 Market Size and Forecast, By Source
    11.5.7.3 Market Size and Forecast, By End User
    11.5.8 Malaysia
    11.5.8.1 Market Size and Forecast, By Type
    11.5.8.2 Market Size and Forecast, By Source
    11.5.8.3 Market Size and Forecast, By End User 
    11.5.9. Rest of Asia Pacific
    11.5.9.1 Market Size and Forecast, By Type
    11.5.9.2 Market Size and Forecast, By Source
    11.5.9.3 Market Size and Forecast, By End User
    12 Latin America Recycled Carbon Fiber Market Analysis and Forecast (2023-2030)
    12.1 Introduction
    12.2 Latin America Recycled Carbon Fiber Market Share Analysis, By Type
    12.3 Latin America Recycled Carbon Fiber Market Share Analysis, By Source
    12.4 Latin America Recycled Carbon Fiber Market Share Analysis, By End User
    12.5 Latin America Recycled Carbon Fiber Market Size and Forecast, By Country
    12.5.1. Brazil
    12.5.1.1 Market Size and Forecast, By Type
    12.5.1.2 Market Size and Forecast, By Source
    12.5.1.3 Market Size and Forecast, By End User
    12.5.2 Argentina
    12.5.2.1 Market Size and Forecast, By Type
    12.5.2.2 Market Size and Forecast, By Source
    12.5.2.3 Market Size and Forecast, By End User
    12.5.3 Colombia
    12.5.3.1 Market Size and Forecast, By Type
    12.5.3.2 Market Size and Forecast, By Source
    12.5.3.3 Market Size and Forecast, By End User
    12.5.4 Peru
    12.5.4.1 Market Size and Forecast, By Type
    12.5.4.2 Market Size and Forecast, By Source
    12.5.4.3 Market Size and Forecast, By End User
    12.5.5 Chile
    12.5.5.1 Market Size and Forecast, By Type
    12.5.5.2 Market Size and Forecast, By Source
    12.5.5.3 Market Size and Forecast, By End User
    12.5.6 Venezuela
    12.5.6.1 Market Size and Forecast, By Type
    12.5.6.2 Market Size and Forecast, By Source
    12.5.6.3 Market Size and Forecast, By End User
    12.5.7 Rest of Latin America
    12.5.7.1 Market Size and Forecast, By Type
    12.5.7.2 Market Size and Forecast, By Source
    12.5.7.3 Market Size and Forecast, By End User
    13 Middle East Recycled Carbon Fiber Market Analysis and Forecast (2023-2030)
    13.1 Introduction
    13.2 Middle East Recycled Carbon Fiber Market Share Analysis, By Type
    13.3 Middle East Recycled Carbon Fiber Market Size and Forecast, By Source
    13.4 Middle East Recycled Carbon Fiber Market Size and Forecast, By End User
    13.5 Middle East Recycled Carbon Fiber Market Size and Forecast, By Country
    13.5.1 Saudi Arabia
    13.5.1.1 Market Size and Forecast, By Type
    13.5.1.2 Market Size and Forecast, By Source
    13.5.1.3 Market Size and Forecast, By End User
    13.5.2 UAE
    13.5.2.1 Market Size and Forecast, By Type
    13.5.2.2 Market Size and Forecast, By Source
    13.5.2.3 Market Size and Forecast, By End User
    13.5.3 Egypt
    13.5.3.1 Market Size and Forecast, By Type
    13.5.3.2 Market Size and Forecast, By Source
    13.5.3.3 Market Size and Forecast, By End User
    13.5.4 Kuwait
    13.5.4.1 Market Size and Forecast, By Type
    13.5.4.2 Market Size and Forecast, By Source
    13.5.4.3 Market Size and Forecast, By End User
    13.5.5 South Africa
    13.5.5.1 Market Size and Forecast, By Type
    13.5.5.2 Market Size and Forecast, By Source
    13.5.5.3 Market Size and Forecast, By End User
    13.5.6 Tanzania
    13.5.6.1 Market Size and Forecast, By Type
    13.5.6.2 Market Size and Forecast, By Source
    13.5.6.3 Market Size and Forecast, By End User
    13.5.7 Rest of Middle East & Africa
    13.5.7.1 Market Size and Forecast, By Type
    13.5.7.2 Market Size and Forecast, By Source
    13.5.7.3 Market Size and Forecast, By End User
    14 Competitive Analysis
    14.1 Competition Dashboard
    14.2 Market Share Analysis of Top Vendors
    14.3 Key Development Strategies
    15 Company Profiles
    15.1 Toray Industries, Inc.
    15.1.1 Overview
    15.1.2 Offerings
    15.1.3 Key Financials
    15.1.4 Business Segment & Geographic Overview
    15.1.5 Key Market Developments
    15.1.6 Key Strategies
    15.2 SGL Carbon
    15.2.1 Overview
    15.2.2 Offerings
    15.2.3 Key Financials
    15.2.4 Business Segment & Geographic Overview
    15.2.5 Key Market Developments
    15.2.6 Key Strategies
    15.3 Carbon Conversions
    15.3.1 Overview
    15.3.2 Offerings
    15.3.3 Key Financials
    15.3.4 Business Segment & Geographic Overview
    15.3.5 Key Market Developments
    15.3.6 Key Strategies
    15.4 Shocker Composites, LLC
    15.4.1 Overview
    15.4.2 Offerings
    15.4.3 Key Financials
    15.4.4 Business Segment & Geographic Overview
    15.4.5 Key Market Developments
    15.4.6 Key Strategies
    15.5 Bcircular
    15.5.1 Overview
    15.5.2 Offerings
    15.5.3 Key Financials
    15.5.4 Business Segment & Geographic Overview
    15.5.5 Key Market Developments
    15.5.6 Key Strategies
    15.6 Procotex
    15.6.1 Overview
    15.6.2 Offerings
    15.6.3 Key Financials
    15.6.4 Business Segment & Geographic Overview
    15.6.5 Key Market Developments
    15.6.6 Key Strategies
    15.7 Vartega Inc.
    15.7.1 Overview
    15.7.2 Offerings
    15.7.3 Key Financials
    15.7.4 Business Segment & Geographic Overview
    15.7.5 Key Market Developments
    15.7.6 Key Strategies        
    15.8 Sigmatex
    15.8.1 Overview
    15.8.2 Offerings
    15.8.3 Key Financials
    15.8.4 Business Segment & Geographic Overview
    15.8.5 Key Market Developments
    15.8.6 Key Strategies
    15.9 Carbon Fiber Remanufacturing
    15.9.1 Overview
    15.9.2 Offerings
    15.9.3 Key Financials
    15.9.4 Business Segment & Geographic Overview
    15.9.5 Key Market Developments
    15.9.6 Key Strategies
    15.10 Gen 2 Carbon Limited
    15.10.1 Overview
    15.10.2 Offerings
    15.10.3 Key Financials
    15.10.4 Business Segment & Geographic Overview
    15.10.5 Key Market Developments
    15.10.6 Key Strategies