Trends, opportunities and forecast in recycled carbon fiber market to 2025 by end use industry (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)
The future of the recycled carbon fiber market looks promising with opportunities in transportation, aerospace, consumer electronics, and sporting goods industries. The recycled carbon fiber market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to grow with a CAGR of 1% to 3% from 2020 to 2025. 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, which have a direct impact on the dynamics of the recycled carbon fiber industry, include the development of various processes and methods to reduce energy consumption and cost during recycling process.
In this market, aerospace is the largest market by end use, whereas non woven mats is largest in product type. Growth in various segments of the recycled carbon fiber market are given below:
Global Recycled Carbon Fiber Market by Segments
The study includes the recycled carbon fiber market size and forecast for the recycled carbon fiber market through 2025 segmented by end use industry, product type, and region as follows:
Recycled Carbon Fiber Market by end use Industry [Volume (M lbs) and $M shipment analysis from 2014 to 2025]:
• Transportation
• Aerospace
• Consumer Electronics
• Sporting Goods
• Others
Recycled Carbon Fiber Market by Product Type [Volume (M lbs) and $M shipment analysis from 2014 to 2025]:
• Non Woven Mats
• Chopped Carbon Fiber
• Milled Carbon Fiber
Recycled Carbon Fiber Market by region [Volume (M lbs) and $M shipment analysis from 2014 to 2025]:
• North America
• Europe
• APAC
• The Rest of the World
ELG Carbon Fiber Ltd., SGL Group, CFK Valley Recycling, Vartega Inc., Procotex, Toray/Zoltek, and Karborek are among the major suppliers of recycled carbon fiber.
The analyst forecasts that non-woven mats will remain the largest product type and it is also expected to witness the highest growth over the forecast period due to the growing demand for low cost, recycled carbon fiber in structural applications.
Within recycled carbon fiber market, transportation will remain the largest end use industry and it is also expected to witness highest growth over the forecast period due to increasing demand for lightweight, cost effective materials.
Asia Pacific will remain the largest market and it is also expected to witness the highest growth over the forecast period due to the growing demand for high performance materials at a relatively lower cost in transportation, aerospace, sporting goods, and consumer electronics applications.
Some of the features of this report:
• Market size estimates: recycled carbon fiber market size estimation in terms of value ($M) and volume (M Lbs.) shipment.
• Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by application, and end use industry.
• Segmentation analysis: recycled carbon fiber market size by various applications such as end use industry type, and product type in terms of value and volume shipment.
• Regional analysis: recycled carbon fiber market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
• Growth opportunities: Analysis on growth opportunities in different applications and regions of recycled carbon fiber in the recycled carbon fiber market.
• Strategic analysis: This includes M&A, new product development, and competitive landscape of recycled carbon fiber in the recycled carbon fiber market.
• Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report addresses the following key questions:
Q.1. What are some of the most promising, high-growth opportunities for the recycled carbon fiber market by end use industry (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 products segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in this recycled carbon fiber market?
Q.5. What are the business risks and competitive threats in this recycled carbon fiber market?
Q.6. What are the emerging trends in this recycled carbon fiber market and reasons behind them?
Q.7. What are some of the changing demands of customers in the recycled carbon fiber market?
Q.8. Who are the major players in this recycled carbon fiber market? What strategic initiatives are being taken by key companies for business growth?
Q.9. What are some of the competing products in this recycled carbon fiber market and how big of a threat do they pose for loss of market share by product substitution?
Q.10. What M&A activity has occurred in the last 5 years in this recycled carbon fiber market?
Report Scope
Key Features Description
Base Year for Estimation 2019
Trend Period
(Actual Estimates) 2014-2019
Forecast Period 2020-2025
Pages 214
Market Representation Revenue in US $ Million and Volume in M Ibs
Report Coverage Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger Acquisitions & Joint Venture, and Company Profiling
Market Segments By end use industry (aerospace, transportation, consumer electronics, sporting goods, and others), product type (non woven mats, chopped carbon fiber, milled carbon fiber)
Regional Scope North America, Europe, Asia Pacific, and RoW
Customization 10% Customization Without any Additional Cost