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Published bySakshi Bhargava Modified over 5 years ago
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Recycled Carbon Fiber Market Report 2019-2024: Trends, Forecast and Competitive Analysis 1
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Industry Profiles Snapshot Major ParameterDescription Market Segments by End Use Industry Aerospace, transportation, consumer electronics, sporting goods, and others Market Segments by Product Type Non woven mats, chopped carbon fiber, milled carbon fiber Market Segments by Region North America, Europe, Asia Pacific and Rest of the World. Top Companies Name ELG Carbon Fiber Ltd., SGL Group, CFK Valley Recycling, Vartega Inc., Procotex, Toray/Zoltek, and Karborek Trend Growth Rate and CAGR13.1% Key Industry Forecast The recycled carbon fiber market is expected to grow at a CAGR of 13.1% from 2019 to 2024. Key Industry Driver Driver: Regulations for reuse & recyclability of materials and the cost advantage of recycled carbon fiber compared to virgin carbon fiber. 2
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Industry Overview Market Size The recycled carbon fiber market is expected to grow at a CAGR of 13.1% from 2019 to 2024. 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. CAGR (2019-24)13.1% 3 Industry Performance : Forecast
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