Recycled Carbon Fiber Market

The Exactitude Consultancy has updated its global market reports with latest data for 2024 and projections up to 2030

LUTON, BEDFORDSHIRE, UNITED KINGDOM, March 6, 2024 /EINPresswire.com/ -- This information is provided by Exactitude Consultancy, in its report titled, “Recycled Carbon Fiber Market, 2024-2030.”

The global recycled carbon fiber market will witness a CAGR of 12.2% for the forecast period of 2024-2030. It is expected to reach above USD 320.60 Million by 2030 from USD 113.77 Million in 2023. Recycled carbon fiber is utilized in the automotive, aerospace, and military industries due to its superior advantages, which include affordability, energy efficiency, lightweight, and environmental sustainability. Increased environmental rules enacted by regulatory agencies such as the European Union and the Environmental Protection Agency of the United States to decrease carbon emissions drive the need for recovered carbon fibers.

In addition, the increased need for lightweight materials in the aerospace and military industry is anticipated to considerably drive market expansion during the research period. In the Asia-Pacific area, the demand for recycled carbon fiber products is projected to increase due to the expanding aviation industry, which will require more airplanes and expanded aviation services due to continued economic expansion and a rising middle-class population. Established aerospace and defense industries in industrialized nations also contribute to market expansion.

𝐅𝐨𝐫 𝐃𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐭𝐡𝐞 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:

https://exactitudeconsultancy.com/reports/7365/recycled-carbon-fiber-market/#request-a-sample

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞

The Recycled Carbon Fiber market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Recycled Carbon Fiber market.

𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐊𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧𝐜𝐥𝐮𝐝𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐚𝐫𝐞:

Major players in the Recycled Carbon Fiber Market are identified through secondary research and their market revenues determined through primary and secondary research are: Toray Industries Inc., ELG Carbon Fibre Ltd., SGL Carbon, Karborek Recycling Carbon Fibers, Procotex Corporation SA, Alpha Recyclage Composites, Vartega Inc., Carbon Fiber Remanufacturing, Shocker Composites LLC., Hadeg Recycling GmbH, Hexcel Corp., Sigmatex (Uk) Limited, Teijin Ltd., Mitsubishi Chemical Corporation, V-Carbon, Cfk Valley Stade Recycling GmbH & Co Kg, Catech and Others.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐍𝐞𝐰𝐬

In November 2022, Teijin Limited announced that it would form a business partnership with European carbon-management professionals GreenDelta GmbH, Makersite GmbH, Minviro Ltd, and PRè Sustainability B.V. to establish a new system aimed at accelerating Teijin’s reduction of greenhouse gas (GHG) emissions throughout product life cycles.

𝐑𝐞𝐜𝐲𝐜𝐥𝐞𝐝 𝐂𝐚𝐫𝐛𝐨𝐧 𝐅𝐢𝐛𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

Global Recycled Carbon Fiber Market by Product Type, 2020-2029, (USD Million) (Kilotons)

Semi-Continuous

Chopped Recycled Carbon Fiber

Milled Recycled Carbon Fiber

Global Recycled Carbon Fiber Market by Source, 2020-2029, (USD Million), (Kilotons)

Aerospace Scrap

Automotive Scrap

Others

Global Recycled Carbon Fiber Market by End-User, 2020-2029, (USD Million) (Kilotons)

Automotive & Transportation

Consumer Goods

Sporting Goods

Industrial

Marine

Aerospace & Defense

Others

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐎𝐮𝐭𝐥𝐨𝐨𝐤:

◘ North America (United States, Canada, and Mexico)

◘ Europe (Germany, France, UK, Russia, and Italy)

◘ Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

◘ South America (Brazil, Argentina, Colombia, etc.)

◘ The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

Asia-Pacific is the most significant shareholder in the global recycled carbon fiber market and is anticipated to grow at a CAGR of 13.66% during the forecast period. The growing need for three-dimensional (3D) printed components and parts across all end-use sectors is one of the primary forces driving market growth in this field. The rising demand for sporting items further facilitates this region's rise. Due to its strength and lightweight, carbon fiber is frequently used in this industry. Additionally, China is the dominant nation in the region. China is expanding its recycling infrastructure and promoting low-carbon, environmentally friendly textile production while maximizing the use of textile waste. Due to an increasing emphasis on reusing product resources, India held the second-largest regional share. Recycling is crucial for a nation to accomplish its environmental objectives. Additionally, aiding in reducing carbon footprint substantially reduces the overall expenses involved with creating and producing materials and goods.

𝐁𝐫𝐨𝐰𝐬𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐒𝐮𝐦𝐦𝐚𝐫𝐲 𝐚𝐧𝐝 𝐓𝐚𝐛𝐥𝐞 𝐨𝐟 𝐂𝐨𝐧𝐭𝐞𝐧𝐭:

https://exactitudeconsultancy.com/reports/7365/recycled-carbon-fiber-market/

𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬

A growing emphasis on sustainability and circular economy principles, with industries increasingly adopting recycled carbon fiber in various applications, such as aerospace, automotive, and renewable energy. Additionally, advancements in recycling technologies have improved material quality and consistency, making recycled carbon fiber a more attractive option. As environmental regulations become stricter, and cost-effective solutions gain prominence, the market is expected to witness continued expansion and innovation in the coming years, with a focus on waste reduction and improved supply chain logistics.

𝐀𝐦𝐨𝐧𝐠 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭’𝐬 𝐩𝐫𝐢𝐦𝐚𝐫𝐲 𝐨𝐟𝐟𝐞𝐫𝐬 𝐚𝐫𝐞 𝐭𝐡𝐞 𝐟𝐨𝐥𝐥𝐨𝐰𝐢𝐧𝐠:

Direct-To-Consumer Recycled Carbon Fiber definition, synopsis, and product specification are included in the research. It also identifies market-related obstacles and opportunities.

An in-depth study of the market for Recycled Carbon Fiber products, including regional evaluations and competitive analyses on a global, regional, and local scale.

Indicators influencing market scenarios, development patterns, growth plans, as well as major regional enterprises fundamental to the market, are identified and highlighted.

A comprehensive section on the market’s competitive landscape includes company profiles, strategic activities, and market shares for the industry’s major competitors.

Various macro- and micro-level influences on the Global Recycled Carbon Fiber market is identified and analyzed in the study.

Offers a detailed overview of the leading participants in the industry, as well as an analysis of their present strategic goals and critical financial data.

𝐖𝐞 𝐨𝐟𝐟𝐞𝐫 𝐜𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐧 𝐫𝐞𝐩𝐨𝐫𝐭 𝐛𝐚𝐬𝐞𝐝 𝐨𝐧 𝐜𝐮𝐬𝐭𝐨𝐦𝐞𝐫’𝐬 𝐬𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐫𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭:

– country-level analysis for the 5 countries of your choice.

– competitive analysis of 5 key market players.

– 40 free analyst hours to cover any other data point.

𝑺𝒆𝒆𝒌𝒊𝒏𝒈 𝑪𝒐𝒎𝒑𝒓𝒆𝒉𝒆𝒏𝒔𝒊𝒗𝒆 𝑰𝒏𝒕𝒆𝒍𝒍𝒊𝒈𝒆𝒏𝒄𝒆 𝒐𝒏 𝑫𝒊𝒇𝒇𝒆𝒓𝒆𝒏𝒕 𝑴𝒂𝒓𝒌𝒆𝒕𝒔? 𝑮𝒆𝒕 𝒊𝒏 𝒕𝒐𝒖𝒄𝒉 𝒘𝒊𝒕𝒉 𝒐𝒖𝒓 𝒆𝒙𝒑𝒆𝒓𝒕𝒔: 𝑺𝒑𝒆𝒂𝒌 𝒕𝒐 𝒂𝒏 𝑬𝒙𝒑𝒆𝒓𝒕:https://exactitudeconsultancy.com/primary-research/

𝑹𝒆𝒈𝒊𝒐𝒏𝒂𝒍 𝑳𝒊𝒏𝒌𝒔:

https://exactitudeconsultancy.com/zh-CN/reports/7365/recycled-carbon-fiber-market/

https://exactitudeconsultancy.com/ko/reports/7365/recycled-carbon-fiber-market/

https://exactitudeconsultancy.com/ja/reports/7365/recycled-carbon-fiber-market/

https://exactitudeconsultancy.com/iw/reports/7365/recycled-carbon-fiber-market/

https://exactitudeconsultancy.com/fr/reports/7365/recycled-carbon-fiber-market/

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬

Exactitude Consultancy is a market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our market research helps clients to address critical business challenges and also helps make optimized business decisions with our fact-based research insights, market intelligence, and accurate data.

𝐂𝐨𝐧𝐧𝐞𝐜𝐭 𝐔𝐬:

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Exactitude Consultancy
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