The global carbon fiber market is expected to grow from USD 4.70 billion in 2019 to USD 10.83 billion by 2027, at a CAGR of 11.0% during the forecast period 2020-2027.
A tiny fiber composed mostly of carbon atoms is called as Carbon Fiber. Advantages of carbon fiber include high tensile strength, high chemical resistance, low weights, high stiffness, thermal expansion, and high temperature tolerance. The only possible way to recycle carbon fiber is to break them or grind them with very high temperature to recover carbon fiber. In the process, this can be damaged and destroy matrix resins material in the composites. Carbon fibres have more tensile strength than steel, and eight times more than aluminium. Carbon fibres can also be twined together to manufacture cloth. The properties of recycled carbon fiber is same as virgin fiber.
The drivers of the market are increasing demand for lightweight and fuel-efficient vehicles and increasing usage of carbon fiber in the aerospace and defence sector. Factors restraining the growth are high cost of carbon fibre. The availability of cheap substitutes for carbon fibre can hinder the growth of the market. The most significant challenge faced by the industry is developing low cost technologies. This has been a major concern and can hamper the growth of the market due to the higher cost of carbon fibre. The opportunity for the growth of the market can be increasing use in 3D paintings. It offers high strength and rigidity as compared to other metals.
This study delivers a comprehensive analysis of source, types, end users and region. The source segment includes automotive and aerospace scrap. In terms of value, aerospace scrap is the highest growing source of recycled carbon fibre market. Aerospace is a major consumer of virgin carbon fibre in producing various composite parts. Aircraft manufacturers are taking many initiatives to maintain the standards of environment-friendly management. The type segment includes chopped and milled recycled carbon fibre. The chopped carbon fibre market is expected to grow significantly. High performance and cost-saving properties are offered by chopped carbon fibre. It has dimensional stability, low thermal expansion, low density, and high strength and modulus. Based on end-user, the market is segmented into consumer goods, automotive & transportation, marine, sporting goods, industrial, defence, and aerospace. The automotive and transportation is expected to dominate the growth of the market. Due to its low weight and high tensile strength properties it is widely used in automotive and transportation. It is used in spare wheel wells, roof panels, chassis panels, floors, bonnet inners, and other automotive parts.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. Europe dominates the market holding the largest number of shares in the region. European countries like Germany is a major manufacturer of sporting goods and equipments. With the increase in research and development in the aerospace and defence sector, the market in North America is expected to grow. The market in the region is driven by increased demand for commercial aviation on account of globalisation and increased disposable income. Thus, the market is expected to grow due to increased demand of carbon fibre in automotive and transportation sector.
Some of the notable players in the recycled carbon fibre are SGL Carbon, Procotex Corporation SA, Alpha Recyclage Composites, Vartega Inc., Shocker Composites LLC, Carbon Fibre Recycling Inc., Toray Industries Inc., ELG Carbon Fibre Ltd., Carbon Fibre Remanufacturing, and Carbon Conversion Inc. Embraer (São Paulo, Brazil) and Boeing entered into a joint venture for the production of regional commercial aircraft, In 2018.
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Source
4.3.2. Market Attractiveness Analysis By Type
4.3.3. Market Attractiveness Analysis By End Use Industry
4.3.4. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.3. Restrains
5.4. Opportunities
5.5. Challenges
6. Global Recycled Carbon Fibre Market Analysis and Forecast, By Source
6.1. Segment Overview
6.2. Automotive Scrap
6.3. Aerospace Scrap
7. Global Recycled Carbon Fibre Market Analysis and Forecast, By Type
7.1. Segment Overview
7.2. Milled
7.3. Chopped
8. Global Recycled Carbon Fibre Market Analysis and Forecast, By End Use Industry
8.1. Segment Overview
8.2. Consumer Goods
8.3. Automotive & Transportation
8.4. Marine
8.5. Sporting Goods
8.6. Industrial
8.7. Defence
8.8. Aerospace
9. Global Recycled Carbon Fibre Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Recycled Carbon Fibre Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in Global Recycled Carbon Fibre Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. SGL Carbon
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Procotex Corporation SA
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. Alpha Recyclage Composites
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. Vartega Inc.
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Shocker Composites LLC
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Carbon Fibre Recycling Inc.
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Toray Industries Inc.
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. ELG Carbon Fibre Ltd.
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. Carbon Fibre Remanufacturing
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. Carbon Conversion Inc.
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
List of Table
1. Global Recycled Carbon Fibre Market, By Source, 2017–2027 (USD Billion)(Tons)
2. Global Automotive Scrap Recycled Carbon Fibre Market, By Region, 2017–2027 (USD Billion)(Tons)
3. Global Aerospace Scrap Recycled Carbon Fibre Market, By Region, 2017–2027 (USD Billion)(Tons)
4. Global Recycled Carbon Fibre Market, By Type, 2017–2027 (USD Billion)(Tons)
5. Global Milled, Recycled Carbon Fibre Market, By Region, 2017–2027 (USD Billion)(Tons)
6. Global Chopped, Recycled Carbon Fibre Market, By Region, 2017–2027 (USD Billion)(Tons)
7. Global Recycled Carbon Fibre Market, By End Use Industry, 2017–2027 (USD Billion)(Tons)
8. Global Consumer Goods Recycled Carbon Fibre Market, By Region, 2017–2027 (USD Billion)(Tons)
9. Global Automotive & Transportation Recycled Carbon Fibre Market, By Region, 2017–2027 (USD Billion)(Tons)
10. Global Marine Recycled Carbon Fibre Market, By Region, 2017–2027 (USD Billion)(Tons)
11. Global Sporting Goods Recycled Carbon Fibre Market, By Region, 2017–2027 (USD Billion)(Tons)
12. Global Industrial Goods Recycled Carbon Fibre Market, By Region, 2017–2027 (USD Billion)(Tons)
13. Global Defence Recycled Carbon Fibre Market, By Region, 2017–2027 (USD Billion)(Tons)
14. Global Aerospace Recycled Carbon Fibre Market, By Region, 2017–2027 (USD Billion)(Tons)
15. Global Recycled Carbon Fibre Market, By Region, 2017–2027 (USD Billion)(Tons)
16. Global Recycled Carbon Fibre Market, By North America, 2017–2027 (USD Billion)(Tons)
17. North America Recycled Carbon Fibre Market, By Source, 2017–2027 (USD Billion)(Tons)
18. North America Recycled Carbon Fibre Market, By Type, 2017–2027 (USD Billion)(Tons)
19. North America Recycled Carbon Fibre Market, By End Use Industry, 2017–2027 (USD Billion)(Tons)
20. U.S. Recycled Carbon Fibre Market, By Source, 2017–2027 (USD Billion)(Tons)
21. U.S. Recycled Carbon Fibre Market, By Type, 2017–2027 (USD Billion)(Tons)
22. U.S. Recycled Carbon Fibre Market, By End Use Industry, 2017–2027 (USD Billion)(Tons)
23. Canada Recycled Carbon Fibre Market, By Source, 2017–2027 (USD Billion)(Tons)
24. Canada Recycled Carbon Fibre Market, By Type, 2017–2027 (USD Billion)(Tons)
25. Canada Recycled Carbon Fibre Market, By End Use Industry, 2017–2027 (USD Billion)(Tons)
26. Mexico Recycled Carbon Fibre Market, By Source, 2017–2027 (USD Billion)(Tons)
27. Mexico Recycled Carbon Fibre Market, By Type, 2017–2027 (USD Billion)(Tons)
28. Mexico Recycled Carbon Fibre Market, By End Use Industry, 2017–2027 (USD Billion)(Tons)
29. Europe Recycled Carbon Fibre Market, By Source, 2017–2027 (USD Billion)(Tons)
30. Europe Recycled Carbon Fibre Market, By Type, 2017–2027 (USD Billion)(Tons)
31. Europe Recycled Carbon Fibre Market, By End Use Industry, 2017–2027 (USD Billion)(Tons)
32. Germany Recycled Carbon Fibre Market, By Source, 2017–2027 (USD Billion)(Tons)
33. Germany Recycled Carbon Fibre Market, By Type, 2017–2027 (USD Billion)(Tons)
34. Germany Recycled Carbon Fibre Market, By End Use Industry, 2017–2027 (USD Billion)(Tons)
35. France Recycled Carbon Fibre Market, By Source, 2017–2027 (USD Billion)(Tons)
36. France Recycled Carbon Fibre Market, By Type, 2017–2027 (USD Billion)(Tons)
37. France Recycled Carbon Fibre Market, By End Use Industry, 2017–2027 (USD Billion)(Tons)
38. U.K. Recycled Carbon Fibre Market, By Source, 2017–2027 (USD Billion)(Tons)
39. U.K. Recycled Carbon Fibre Market, By Type, 2017–2027 (USD Billion)(Tons)
40. U.K. Recycled Carbon Fibre Market, By End Use Industry, 2017–2027 (USD Billion)(Tons)
41. Italy Recycled Carbon Fibre Market, By Source, 2017–2027 (USD Billion)(Tons)
42. Italy Recycled Carbon Fibre Market, By Type, 2017–2027 (USD Billion)(Tons)
43. Italy Recycled Carbon Fibre Market, By End Use Industry, 2016–2026(USD Million)(Units)
44. Spain Recycled Carbon Fibre Market, By Source, 2017–2027 (USD Billion)(Tons)
45. Spain Recycled Carbon Fibre Market, By Type, 2017–2027 (USD Billion)(Tons)
46. Spain Recycled Carbon Fibre Market, By End Use Industry, 2017–2027 (USD Billion)(Tons)
47. Asia Pacific Recycled Carbon Fibre Market, By Source, 2017–2027 (USD Billion)(Tons)
48. Asia Pacific Recycled Carbon Fibre Market, By Type, 2017–2027 (USD Billion)(Tons)
49. Asia Pacific Recycled Carbon Fibre Market, By End Use Industry, 2017–2027 (USD Billion)(Tons)
50. Japan Recycled Carbon Fibre Market, By Source, 2017–2027 (USD Billion)(Tons)
51. Japan Recycled Carbon Fibre Market, By Type, 2017–2027 (USD Billion)(Tons)
52. Japan Recycled Carbon Fibre Market, By End Use Industry, 2017–2027 (USD Billion)(Tons)
53. China Recycled Carbon Fibre Market, By Source, 2017–2027 (USD Billion)(Tons)
54. China Recycled Carbon Fibre Market, By Type, 2017–2027 (USD Billion)(Tons)
55. China Recycled Carbon Fibre Market, By End Use Industry, 2017–2027 (USD Billion)(Tons)
56. India Recycled Carbon Fibre Market, By Source, 2017–2027 (USD Billion)(Tons)
57. India Recycled Carbon Fibre Market, By Type, 2017–2027 (USD Billion)(Tons)
58. India Recycled Carbon Fibre Market, By End Use Industry, 2017–2027 (USD Billion)(Tons)
59. South America Recycled Carbon Fibre Market, By Source, 2017–2027 (USD Billion)(Tons)
60. South America Recycled Carbon Fibre Market, By Type, 2017–2027 (USD Billion)(Tons)
61. South America Recycled Carbon Fibre Market, By End Use Industry, 2017–2027 (USD Billion)(Tons)
62. Brazil Recycled Carbon Fibre Market, By Source, 2017–2027 (USD Billion)(Tons)
63. Brazil Recycled Carbon Fibre Market, By Type, 2017–2027 (USD Billion)(Tons)
64. Brazil Recycled Carbon Fibre Market, By End Use Industry, 2017–2027 (USD Billion)(Tons)
65. Middle East and Africa Recycled Carbon Fibre Market, By Source, 2017–2027 (USD Billion)(Tons)
66. Middle East and Africa Recycled Carbon Fibre Market, By Type, 2017–2027 (USD Billion)(Tons)
67. Middle East and Africa Recycled Carbon Fibre Market, By End Use Industry, 2017–2027 (USD Billion)(Tons)
68. UAE Recycled Carbon Fibre Market, By Source, 2017–2027 (USD Billion)(Tons)
69. UAE Recycled Carbon Fibre Market, By Type, 2017–2027 (USD Billion)(Tons)
70. UAE Recycled Carbon Fibre Market, By End Use Industry, 2017–2027 (USD Billion)(Tons)
71. South Africa Recycled Carbon Fibre Market, By Source, 2017–2027 (USD Billion)(Tons)
72. South Africa Recycled Carbon Fibre Market, By Type, 2017–2027 (USD Billion)(Tons)
73. South Africa Recycled Carbon Fibre Market, By End Use Industry, 2017–2027 (USD Billion)(Tons)
List of Figures
1. Global Recycled Carbon Fibre Market Segmentation
2. Recycled Carbon Fibre Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Recycled Carbon Fibre Market Attractiveness Analysis By Source
9. Global Recycled Carbon Fibre Market Attractiveness Analysis By Type
10. Global Recycled Carbon Fibre Market Attractiveness Analysis By End Use Industry
11. Global Recycled Carbon Fibre Market Attractiveness Analysis By Region
12. Global Recycled Carbon Fibre Market: Dynamics
13. Global Recycled Carbon Fibre Market Share By Source (2019 & 2027)
14. Global Recycled Carbon Fibre Market Share by Type (2019 & 2027)
15. Global Recycled Carbon Fibre Market Share By End Use Industry (2019 & 2027)
16. Global Recycled Carbon Fibre Market Share by Regions (2019 & 2027)
17. Global Recycled Carbon Fibre Market Share by Company (2019)
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