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Recycled Carbon Fiber Market Is Expected To Reach $127.2 Million By 2028- An Exclusive Market Research Report By Lucintel
Lucintel's latest market report analyzed that recycled carbon fiber provides attractive opportunities in transportation, aerospace, consumer electronics, and sporting goods industries. The recycled carbon fiber market is expected to reach $127.2 Million by 2028 with a CAGR of 8.6%. In this market, a non-woven mat is the largest segment by product type, whereas transportation is largest by end use industry. The development of various processes and methods to reduce energy consumption and cost during recycling process provides strategic growth path in this market.
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Based on product type, the recycled carbon fiber market is segmented into non-woven mats, chopped carbon fiber, and milled carbon fiber. The non-woven mats segment accounted for the largest share of the market in 2022 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.
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The Recycled Carbon Fiber Market is marked by the presence of several big and small players. Some of the prominent players offering recycled carbon fiber include ELG Carbon Fiber, SGL, CFK Valley Recycling, Carbon Coversion, Vartega, Procotex, Toray/Zoltek, and Karborek.
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https://www.lucintel.com/recycled-carbon-fiber-market.aspx
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
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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