Chopped recycled carbon fiber provides high performance and is considered as a good reinforcing fiber for thermoplastic resins, cements, elastomers and coatings. It has high strength and modulus, low density, dimensional stability and low thermal expansion, and it also provides savings Cost benefits. Chopped recycled carbon fibers have higher structure and electrical conductivity, and are superior to abrasive fibers. Recycled carbon fibers are widely used in the automotive and transportation industries due to their light weight and high tensile strength.
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Market Analysis and Insights: Global Chopped Recycled Carbon Fiber Market
The global Chopped Recycled Carbon Fiber market was valued at US$ XX in 2020 and will reach US$ XX million by the end of 2027, growing at a CAGR of XX% during 2022-2027.
Global Chopped Recycled Carbon Fiber Scope and Market Size
The global Chopped Recycled Carbon Fiber market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Chopped Recycled Carbon Fiber market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
- Aerospace Scrap
- Automotive Scrap
- Others
Segment by Application
- Automotive and Transportation
- Consumer Goods
- Sporting Goods
- Industrial
- Marine
- Aerospace and Defense
- Others
The Chopped Recycled Carbon Fiber market is analysed and market size information is provided by regions (countries). Segment by Application, the Chopped Recycled Carbon Fiber market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
- Toray Industries
- ELG Carbon Fibre
- SGL Carbon
- Carbon Conversions
- Carbon Fiber Recycling
- Shocker Composites
- Procotex Corporation
- Alpha Recyclage Composites
- Analyzing the outlook of the market with the recent trends and SWOT analysis
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
- Regional and country-level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
- Analyst support, along with the data support in excel format.
The global recycled carbon fiber market size is projected to grow from USD 109 million in 2020 to USD 193 million by 2025, at a CAGR of 12.0% during the forecast period.
The recycled carbon fiber market is growing due to the rise in the demand for cost-effective and high-performance materials, and stringent government regulations globally.♦ Download Detailed PDF Brochure Here: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=212462057 Chopped recycled carbon fiber accounts for a significant market share in terms of value and volume.The chopped recycled carbon fiber segment dominated the market in terms of value in 2019.
Chopped recycled carbon fiber offers high-performance properties.
It has high strength and modulus, low density, dimensional stability, and low thermal expansion.
It also offers cost-saving benefits.Aerospace scrap accounts for a major share in the recycled carbon fiber market in terms of value and volume.Aerospace scrap-based recycled carbon fiber is widely used in the automotive & transportation, aerospace & defense, marine, consumer goods, industrial, sporting goods, wind energy, and other end-use industries.
CFRP composites are widely used in aerospace components.
