Carbon Fiber Production Technologies Get a Facelift with Incorporation of 2D Graphene to Offer Resilient Fiber Quality

Recycled carbon fiber market is growing at a favorable growth pace concludes Adroit Market Research in a new business intelligence report. Growing consciousness about landfill management, demand proliferation in virgin carbon fiber and accelerating adoption across end-use verticals such as automobile and spacecraft industries who desire light-weight vehicle built to supplement fuel efficiency goals are lending enormous growth fillip to recycled carbon fiber market in recent years. The trend is anticipated to continue steadily even through the estimated growth years in the foreseeable future.

Recycled Carbon fiber market, though experiencing decent growth thrust in recent times owing to end-use applications across automotive industry, has still been deficient in terms of full growth potential as high production prices continue to deter adoption.

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In 2019, The global recycled carbon-fibers market size surpassed USD 100 million. In addition, it is projected to gather a CAGR of above 12% over the forecast years 2020-2028. 

However, several market participants are diverting investments towards R&D expeditions to improve production technologies. A recent research suggests the efficacy of incorporating 2D graphene, powered by advanced computer aided simulations simplified production process, also resulting in high quality carbon fiber with improved resilience and depreciated prices. This revolutionary development is expected to further boost adoption across automotive industry as well.

McLaren Automotive Unveils Novel Carbon Fiber-based Design Architecture to Supplement EV Pipeline

In a significant development, automotive veteran, McLaren Automotive has recently announced the launch of its new lightweight vehicle design structure to support its EV pipeline. The latest design model incorporates numerous carbon fiber fabric which have been specifically designed to optimize functional and structural efficiencies of chassis. The development is likely to further augment favorable growth returns in global carbon fiber market, significantly supported by end-use applications in EV industry.

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Advances in fuel efficiency, energy conservation and mindfulness towards reduced carbon footprint are likely to bolster humongous growth opportunities in global carbon fiber industry.

Leading companies engaged in recycled carbon-fibers market are ELG Carbon Fibre Ltd., Vartega Inc., Toray Industries, Inc., Carbon Fiber Remanufacturing, SGL Carbon, Alpha Recyclage Composites, Carbon Conversions Inc., Procotex Corporation SA , Carbon Fiber Recycling, Inc., and Shocker Composites LLC. Other companies operating in this market are CFK Valley Stade Recycling GmbH & Co Kg, Elevated Materials, Karborek Recycling Carbon Fibers, Sigmatex, Carbon Fiber Recycle Industry Co., Ltd., V-Carbon, Catech H, Hitachi Chemical Company, Ltd., and Rymyc. Key companies present in the market are adopting new product development, technological advancement, research & development, investment, merger & acquisition, and partnerships to form strategies in order to stay competitive in the industry and strengthen their distribution network in order to increase their customer base.

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Key Segments of the Global Recycled Carbon Fibre Market

Type Overview, 2018-2028 (USD Million) (Tons)

Chopped
Mille

Source Overview, 2018-2028 (USD Million) (Tons)

Aerospace Scrap
Automotive Scra

End User Overview, 2018-2028 (USD Million) (Tons)

Aerospace
Automotive & Transportation
Consumer Goods
Others

Regional Overview, 2018-2028 (USD Million) (Tons)

North America

U.S.
Canad

Europe

UK
Germany
France
Rest of Europ

Asia Pacific

China
Japan
India
Rest of Asia-Pacifi

Middle East and Africa

UAE
South Africa
Rest of Middle East and Afric

South America

Brazil
Rest of South America

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Classify potential new customers or partners in the target group.
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Plan for mergers and acquisitions with merit by identifying the top manufacturer.
Obtain strategically important information, analysis and insights from competitors to formulate effective R&D strategies.
Formulate corrective actions for pipeline projects by understanding the depth of the metal roof pipeline.
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Key questions answered in the report:

How big is the entire Recycled Carbon Fibre market and its segments?
What are the major segments and sub-segments in the market?
What are the key drivers, restraints, opportunities, and challenges of the Recycled Carbon Fibre Market and how are they likely to affect the market?
What are the attractive investment opportunities in the market?
How big is the market for metal roofs at regional and country level?
Who are the main market participants and their main competitors?
Market value chain and key trends affecting every node related to businesses
Which growth strategies are the main players in the Recycled Carbon Fibre market pursuing?
How does a particular company compare to its competitors in terms of sales, profit comparison, operational efficiency, cost competitiveness, and market capitalization?
How financially strong are the main players in the Recycled Carbon Fibre market (sales and profit margin, market capitalization, expenditure analysis, investment analysis)?
What are the recent trends in the Recycled Carbon Fibre market? (M&A, partnerships, new product developments, extensions)

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Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code – Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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