Chopped Recycled Carbon Fiber Market Research Report – Segmentation by Type (Aerospace Scrap, Automotive Scrap, Others); By Application (Automotive and Transportation, Consumer Goods, Sporting Goods, Industrial, Marine, Aerospace and Defense, Others);and Region; - Size, Share, Growth Analysis | Forecast (2024– 2030)
Published: 2024 - January
Report Code: IM-16164
Format:
Region: Global
Chapter 1. GLOBAL CHOPPED RECYCLED CARBON FIBER MARKET – Scope & Methodology
1.1. Market Segmentation
1.2. Scope, Assumptions & Limitations
1.3. Research Methodology
1.4. Primary Sources
1.5. Secondary Sources
Chapter 2. GLOBAL CHOPPED RECYCLED CARBON FIBER MARKET – Executive Summary
2.1. Market Size & Forecast – (2024 – 2030) ($M/$Bn)
2.2. Key Trends & Insights
2.2.1. Demand Side
2.2.2. Supply Side
2.4. Attractive Investment Propositions
2.5. COVID-19 Impact Analysis
Chapter 3. GLOBAL CHOPPED RECYCLED CARBON FIBER MARKET – Competition Scenario
3.1. Market Share Analysis & Company Benchmarking
3.2. Competitive Strategy & Development Scenario
3.3. Competitive Pricing Analysis
3.4. Supplier-Distributor Analysis
Chapter 4. GLOBAL CHOPPED RECYCLED CARBON FIBER MARKET - Entry Scenario
4.1. Regulatory Scenario
4.2. Case Studies – Key Start-ups
4.3. Customer Analysis
4.5. PESTLE Analysis
4.4. Porters Five Force Model
4.4.1. Bargaining Power of Suppliers
4.4.2. Bargaining Powers of Customers
4.4.3. Threat of New Entrants
4.4.4. Rivalry among Existing Players
4.4.5. Threat of Substitutes
Chapter 5. GLOBAL CHOPPED RECYCLED CARBON FIBER MARKET - Landscape
5.1. Value Chain Analysis – Key Stakeholders Impact Analysis
5.2. Market Drivers
5.3. Market Restraints/Challenges
5.4. Market Opportunities
Chapter 6. GLOBAL CHOPPED RECYCLED CARBON FIBER MARKET – By Type 6.1. Introduction/Key Findings
6.2. Aerospace Scrap
6.3. Automotive Scrap
6.4. Others
6.5. Y-O-Y Growth trend Analysis By Type
6.6. Absolute $ Opportunity Analysis By Type , 2024-2030
Chapter 7. GLOBAL CHOPPED RECYCLED CARBON FIBER MARKET – By Application
7.1. Introduction/Key Findings
7.2. Automotive and Transportation
7.3. Consumer Goods
7.4. Sporting Goods
7.4. Industrial
7.5. Marine
7.6. Aerospace and Defense
7.7. Others
7.8. Y-O-Y Growth trend Analysis By Application
7.9. Absolute $ Opportunity Analysis By Application , 2024-2030
Chapter 8. GLOBAL CHOPPED RECYCLED CARBON FIBER MARKET - By Geography – Market Size, Forecast, Trends & Insights
8.1. North America
8.1.1. By Country
8.1.1.1. U.S.A.
8.1.1.2. Canada
8.1.1.3. Mexico
8.1.2. By Application
8.1.3. By Type
8.1.5. Countries & Segments - Market Attractiveness Analysis
8.2. Europe
8.2.1. By Country
8.2.1.1. U.K.
8.2.1.2. Germany
8.2.1.3. France
8.2.1.4. Italy
8.2.1.5. Spain
8.2.1.6. Rest of Europe
8.2.2. By Application
8.2.3. By Type
8.2.4. Countries & Segments - Market Attractiveness Analysis
8.3. Asia Pacific
8.3.1. By Country
8.3.1.1. China
8.3.1.2. Japan
8.3.1.3. South Korea
8.3.1.4. India
8.3.1.5. Australia & New Zealand
8.3.1.6. Rest of Asia-Pacific
8.3.2. By Application
8.3.3. By Type
8.3.4. Countries & Segments - Market Attractiveness Analysis
8.4. South America
8.4.1. By Country
8.4.1.1. Brazil
8.4.1.2. Argentina
8.4.1.3. Colombia
8.4.1.4. Chile
8.4.1.5. Rest of South America
8.4.2. By Application
8.4.3. By Type
8.4.4. Countries & Segments - Market Attractiveness Analysis
8.5. Middle East & Africa
8.5.1. By Country
8.5.1.1. United Arab Emirates (UAE)
8.5.1.2. Saudi Arabia
8.5.1.3. Qatar
8.5.1.4. Israel
8.5.1.5. South Africa
8.5.1.6. Nigeria
8.5.1.7. Kenya
8.5.1.8. Egypt
8.5.1.8. Rest of MEA
8.5.2. By Application
8.5.3. By Type
8.5.4. Countries & Segments - Market Attractiveness Analysis
Chapter 9. GLOBAL CHOPPED RECYCLED CARBON FIBER MARKET – Company Profiles – (Overview, Product Portfolio, Financials, Strategies & Developments)
9.1 Toray Industries, Inc.
9.2. Gen 2 Carbon Limited
9.3. Carbon Conversions, Inc.
9.4. Carbon Fiber Recycling
9.5. Shocker Composites
9.6. LLC.
9.7. Procotex
9.8. Carbon Fiber Remanufacturing
9.9. Alpha Recyclage Composites
9.10. Mitsubishi Chemical Group
9.11. CATACK-H
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Frequently Asked Questions
The Chopped Recycled Carbon Fiber Market was valued at USD 155.92 million in 2023 and is projected to reach a market size of USD 381.85 million by the end of 2030. Over the forecast period of 2024-2030, the market is projected to grow at a CAGR of 13.65%.
The market experiences steady growth driven by increasing awareness about sustainability, the demand for lightweight and durable materials, and a global emphasis on eco-friendly practices. Key sectors like automotive, aerospace, and sporting goods are adopting chopped recycled carbon fiber due to its cost-effectiveness and reduced environmental impact.
Notable developments include Asahi Kasei's technology for recycling carbon fiber plastic compounds, the limited recycling percentage of glass and carbon fiber-reinforced composites, and the commissioning of the world's first fully automated mass production plant for recycled carbon fiber by Apply Carbon in October 2023.
Challenges include skepticism about the performance of recycled materials compared to traditional carbon fiber and the need for standardization in the industry. Efforts to dispel misconceptions and establish standardized frameworks through education and industry guidelines are essential for overcoming these challenges.
The aerospace scrap segment is currently the largest, with aerospace scrap being the fastest-growing during the forecast period. This dominance is attributed to the extensive use of carbon fiber materials in the aerospace industry, emphasizing sustainability and environmental responsibility.
