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    Recycled Carbon Fiber Market | Covid-19 Impact Analysis

    Recycled Carbon Fiber Market | Covid-19 Impact Analysis

    Recycled Carbon Fiber Market | Covid-19 Impact Analysis
    Report code - SRAM383 Delivery - 2 Weeks
    Recycled Carbon Fiber Market Size, Share, Trend, Forecast, & Industry Analysis 
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    Impact of COVID-19 on Recycled Carbon Fiber Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Recycled Carbon Fiber Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Recycled Carbon Fiber Market Insights

    Recycled carbon fiber market is likely to witness an impressive CAGR of 11.5% during the forecast period. The growing demand for recycled carbon fiber is mainly due to imposition of stringent government regulations globally, need for high-performance materials, and cost-effectiveness of recycled carbon fiber.

    Recycled Carbon Fiber Market – Snapshot

    Growth

    11.5% for the next five years

    Major Fiber Type

    Chopped Recycled Carbon Fiber

    Major Source Type

    Aerospace Scrap

    Major End-Use Industry Type

    Automotive & Transportation

    Region with the highest demand

    Asia-Pacific

    Key Players

    Alpha Recyclage Composites, Carbon Conversions Inc., Carbon

    Fiber Recycling, Inc., Carbon Fiber Remanufacturing, ELG Carbon

    Fibre Ltd., Procotex Corporation SA, SGL Carbon, Shocker

    Composites LLC, Toray Industries, Inc., and Vartega Inc.

     

    Market Share Analysis

    Recycled-Carbon-Fiber-Market-Dominant-Segments

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    Recycled Carbon Fiber Market Share: By Fiber Type

    Based on the fiber type, the market is segmented a chopped recycled carbon fiber and milled recycled carbon fiber. The chopped recycled carbon fiber segment held the larger share of the market in 2019, and is expected to remain dominant during the forecast period, owing to its high-performance properties such as low density, high strength and modulus, low thermal expansion, and dimensional stability. Also, it offers these benefits at a very low cost, which in turn, is driving the growth of this segment.

    Recycled Carbon Fiber Market Share: By Source Type

    Based on the source type, the market is segmented as aerospace scrap, automotive scrap, and other scraps. The aerospace scrap segment is expected to remain dominant during the forecast period. There are many more sources from where recycled carbon fiber is obtained such as manufacturing waste, trek bike scrap, and tennis racket scarp, but the aerospace scrap segment accounts for the largest volume of the recycled carbon fiber market.

    Recycled Carbon Fiber Market Share: By End-Use Industry Type

    Based on the end-use industry type, the recycled carbon fiber market is segmented as automotive & transportation, consumer goods, sporting goods, industrial, marine, aerospace & defense, and others. The automotive & transportation industry leads the market owing to excellent strength-to-weight ratio and being lower than the cost of raw materials.

    Recycled Carbon Fiber Market Share: By Region

    In terms of regions, Asia-Pacific is estimated to be the largest as well as the fastest-growing recycled carbon fiber market during the forecast period, with Europe being the manufacturing hub for the automobile & transportation industry, presence of a large number of automobile OEMs in the region such as Mercedes-Benz, Volkswagen, Audi, BMW.

    Recycled-Carbon-Fiber-Market-By-Region

    Know which region offers best growth opportunitiesClick here

    Some of the major recycled carbon fiber manufacturers are- 

    • Alpha Recyclage Composites
    • Carbon Conversions Inc.
    • Carbon Fiber Recycling, Inc.
    • Carbon Fiber Remanufacturing
    • ELG Carbon Fibre Ltd.
    • Procotex Corporation SA
    • SGL Carbon
    • Shocker Composites LLC
    • Toray Industries, Inc.
    • Vartega Inc.

     

    Market Scope & Segmentation

    Recycled carbon fiber is also known as reclaimed carbon fiber, it is a substitute to virgin material for various industries due to its low cost and possesses the same properties as that of virgin carbon fiber. It is majorly sourced from aerospace wastes.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Recycled Carbon Fiber Market Research Report - Features

    Market Segmentation

    4

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The recycled carbon fiber market is segmented into the following categories. 

    Recycled Carbon Fiber Market Size, Share, & Forecast, by Fiber Type:

    • Chopped Recycled Carbon Fiber (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Milled Recycled Carbon Fiber (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Recycled Carbon Fiber Market Size, Share, & Forecast, by Source Type:

    • Aerospace Scrap (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Automotive Scrap (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Other Scraps (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Recycled Carbon Fiber Market Size, Share, & Forecast, by End-Use Industry Type:

    • Automotive & Transportation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Consumer Goods (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Sporting Goods (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Industrial (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Marine (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Aerospace & Defense (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Recycled Carbon Fiber Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Recycled-Carbon-Fiber-Market-Segmentation

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    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the fiber types by end-use industry type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    Frequently Asked Questions (FAQs)

    What will be the growth of Recycled Carbon Fiber Market in the foreseeable future?

    The recycled carbon fiber market is expected to witness an impressive growth of 11.5% CAGR in the foreseeable future.

    Who are the kay players in the Recycled Carbon Fiber Market?

    Alpha Recyclage Composites, Carbon Conversions Inc., Carbon Fiber Recycling, Inc., Carbon Fiber Remanufacturing, ELG Carbon Fibre Ltd., Procotex Corporation SA, SGL Carbon, Shocker Composites LLC, Toray Industries, Inc., and Vartega Inc. are among the key players in the recycled carbon fiber market.

    Which country/region is expected to remain the largest Recycled Carbon Fiber Market?

    Asia-Pacific is expected to remain the largest carbon fiber market during the next five years.

    Which source type is expected to remain dominant in the Recycled Carbon Fiber Market?

    The aerospace scrap segment is expected to remain dominant source type in the recycled carbon fiber market in the coming years.

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