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Recycled Carbon Fiber Market: Trends, Opportunities and Competitive Analysis 2023-2028

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    Report

  • 182 Pages
  • March 2023
  • Region: Global
  • Lucintel
  • ID: 5778515
The future of the global recycled carbon fiber market looks promising with opportunities in the transportation, aerospace, consumer electronics, and sporting goods industries. The global recycled carbon fiber market is expected to reach an estimated $127.2 million by 2028 with a CAGR of 8.6% from 2022 to 2028. The major drivers for this market are regulations for reuse & recyclability of materials and the cost advantage of recycled carbon fiber compared to virgin carbon fiber.

Emerging Trends in the Recycled Carbon Fiber Market

Emerging trends, which have a direct impact on the dynamics of the industry, include the development of various processes and methods to reduce energy consumption and cost during recycling process

Recycled Carbon Fiber Market by Segment

The study includes a forecast for the global recycled carbon fiber market by end use, product type, and region as follows:

Recycled Carbon Fiber Market by End Use [Value ($M) and Volume (M lbs) shipment analysis for 2017-2028]:

  • Transportation
  • Aerospace
  • Consumer Electronics
  • Sporting Goods
  • Others

Recycled Carbon Fiber Market by Product Type [Value ($M) and Volume (M lbs) shipment analysis for 2017-2028]:

  • Non Woven Mats
  • Chopped Carbon Fiber
  • Milled Carbon Fiber

Recycled Carbon Fiber Market by Region [Value ($M) and Volume (M lbs) shipment analysis for 2017-2028]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Recycled Carbon Fiber Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies recycled carbon fiber companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the recycled carbon fiber companies profiled in this report include.
  • Procotex
  • Gen 2 Carbon (Carbon Fiber Ltd).
  • SGL Carbon
  • CFK Valley Recycling (Mitsubishi Chemical Advanced Materials)
  • Carbon Conversion Inc.
  • Vartega
  • Toray
  • Karborek

Recycled Carbon Fiber Market Insight

  • The analysts forecast that transportation will remain the largest end use over the forecast period due to increasing demand for lightweight, cost-effective materials. Sporting good is expected to witness the highest growth over the forecast period.
  • Non-woven mats will remain the largest product type and it is also expected to witness the highest growth over the forecast period due to the growing demand for low cost, recycled carbon fiber in structural applications.
  • Europe is expected to remain the largest region over the forecast period.

Features of Recycled Carbon Fiber Market

  • Market Size Estimates: Recycled carbon fiber market size estimation in terms of value ($M) and (M lbs) by volume.
  • Trend and Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
  • Segmentation Analysis: Market size by end use, product type and region.
  • Regional Analysis: Recycled carbon fiber market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different end use, product type and regions for the recycled carbon fiber market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the recycled carbon fiber market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQs

Q.1. What is the recycled carbon fiber market size?
Answer: The global recycled carbon fiber market is expected to reach an estimated $127.2 million by 2028
Q.2. What is the growth forecast for recycled carbon fiber market?
Answer: The recycled carbon fiber market is expected to grow at a CAGR of 8.6% from 2022 to 2028.
Q.3. What are the major drivers influencing the growth of the recycled carbon fiber market?
Answer: The major drivers for this market are regulations for reuse & recyclability of materials and the cost advantage of recycled carbon fiber compared to virgin carbon fiber.
Q.4. What are the major applications or end use industries for recycled carbon fiber?
Answer: Transportation and consumer electronics market are the major end use for recycled carbon fiber.
Q.5. What are the emerging trends in recycled carbon fiber market?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, include the development of various processes and methods to reduce energy consumption and cost during recycling process.
Q.6. Who are the key recycled carbon fiber companies?
Answer: Some of the key recycled carbon fiber companies are as follows:
  • Procotex
  • Gen 2 Carbon (Carbon Fiber Ltd).
  • SGL Carbon
  • CFK Valley Recycling (Mitsubishi Chemical Advanced Materials)
  • Carbon Conversion Inc.
  • Vartega
  • Toray
  • Karborek
Q.7. Which recycled carbon fiber application segment will be the largest in future?
Answer: The analyst forecasts that non-woven mats will remain the largest product type and it is also expected to witness the highest growth over the forecast period due to the growing demand for low cost, recycled carbon fiber in structural applications.
Q.8. In recycled carbon fiber market, which region is expected to be the largest in next 5 years?
Answer: Europe is expected to remain the largest region and APAC to witness the highest growth over next 5 years
Q.9. Do we receive customization in this report?
Answer: Yes, the analyst provides 10% Customization Without any Additional Cost.

This report answers the following 11 key questions:

Q.1. What are some of the most promising potential, high growth opportunities for the global recycled carbon fiber market by end use (aerospace, transportation, consumer electronics, sporting goods, and others), product type (non woven mats, chopped carbon fiber, milled carbon fiber), and region (North America, Europe, APAC, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which regions will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5. What are the business risks and threats to the market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10. What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11. What M&A activities have taken place in the last 5 years in this market?


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Table of Contents

1. Executive Summary
2. Global Recycled Carbon Fiber Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2017 to 2028
3.1: Macroeconomic Trends and Forecasts
3.2: Global Recycled Carbon Fiber Market Trends and Forecast
3.3 Global Recycled Carbon Fiber Market by End Use
3.3.1: Aerospace
3.3.2: Transportation
3.3.3: Consumer Electronics
3.3.4: Sporting Goods
3.3.5: Others
3.4: Global Recycled Carbon Fiber Market by Product Type
3.4.1: Non Woven Mats
3.4.2: Chopped Carbon Fiber
3.4.3: Milled Carbon Fiber
4. Market Trends and Forecast Analysis by Region
4.1: Global Recycled Carbon Fiber Market by Region
4.2: North American Recycled Carbon Fiber Market Trends and Forecast
4.2.1: North American Recycled Carbon Fiber Market by End Use
4.2.2: North American Recycled Carbon Fiber Market by Product Type
4.3: European Recycled Carbon Fiber Market Trends and Forecast
4.3.1: European Recycled Carbon Fiber Market by End Use
4.3.2: European Recycled Carbon Fiber Market by Product Type
4.4: APAC Recycled Carbon Fiber Market Trends and Forecast
4.3.1: APAC Recycled Carbon Fiber Market by End Use
4.3.2: APAC Recycled Carbon Fiber Market by Product Type
4.5: ROW Recycled Carbon Fiber Market Trends and Forecast
4.5.1: ROW Recycled Carbon Fiber Market by End Use
4.5.2: ROW Recycled Carbon Fiber Market by Product Type
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Market Share Analysis
5.3: Operational Integration
5.4: Geographical Reach
5.5: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Recycled Carbon Fiber Market by End Use
6.1.2: Growth Opportunities for the Global Recycled Carbon Fiber Market by Product Type
6.1.3: Growth Opportunities for the Global Recycled Carbon Fiber Market by Region
6.2: Emerging Trends in the Global Recycled Carbon Fiber Market
6.3: Strategic Analysis
6.3.1: Capacity Expansion of the Global Recycled Carbon Fiber Market
6.3.2: Mergers, Acquisitions, and Joint Ventures in the Global Recycled Carbon Fiber Market
7. Company Profiles of Leading Players
7.1: Procotex
7.2: Gen2 Carbon (ELG Carbon Fiber Ltd)
7.3: SGL Carbon
7.4: CFK Valley Recycling (Mitsubishi Chemical Advanced Materials)
7.5: Carbon Conversion Inc.
7.6: Vartega
7.7: Toray
7.8: Karborek

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Procotex
  • Gen2 Carbon (ELG Carbon Fiber Ltd)
  • SGL Carbon
  • CFK Valley Recycling (Mitsubishi Chemical Advanced Materials)
  • Carbon Conversion Inc.
  • Vartega
  • Toray
  • Karborek

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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