Recycled Carbon Fiber Market Is Anticipated To Grow At A Cagr Of 1.8% During 2020-2025

By Author: Lucintel LLC
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The global recycled carbon fiber market is projected to reach $10.3 billion by 2025, at a CAGR of 1.8% during 2020-2025. The growth of recycled carbon fiber market is driven by rise in demand for products made of glass composites; these include regulations for reuse & recyclability of materials and the cost advantage of recycled carbon fiber compared to virgin carbon fiber.
Some of the Key Questions answered in this exclusive report are:
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 segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the recycled carbon fiber market?
Q.4 What are some changing demands of customers in the recycled carbon fiber market?
Q.5 What are the new developments in the recycled carbon fiber market? Which companies are leading ...
... these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this recycled carbon fiber area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this recycled carbon fiber market?
Emerging trends, which have a direct impact on the dynamics of the industry, include the development of various processes and methods to reduce energy consumption and cost during recycling process.
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Market Segmentation:
Based on product type, the recycled carbon fiber market is segmented into non-woven mats, chopped carbon fiber, milled carbon fiber. The non-woven segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period due to the growing demand for low cost, recycled carbon fiber in structural applications.
Asia Pacific is expected to be the largest region with 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.
Key Players in the recycled carbon fiber market are ELG Carbon Fiber Ltd., SGL Group, CFK Valley Recycling, Vartega Inc., Procotex, Toray/Zoltek, and Karborek and others.
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The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.
To read more about this market please click on https://www.lucintel.com/recycled-carbon-fiber-market.aspx
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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