CFRP Recycle Market Future Trend with Competitive Landscape Outlook to 2023: ADTECH, CRTC, Sigmatex, ELG Carbon Fibre Ltd. and Cystic Fibrosis Research, Inc. (CFRI)
Over the next five years, RFM (Research for Markets) projects that CFRP Recycle will register a 5.3% CAGR in terms of revenue, reach US$ 370 million by 2023, from US$ 270 million in 2017.
CFRP (Carbon fiber reinforced plastics/polymer) are ideal lightweight structural materials for aerospace, automotive, energy and sports industries. CFRP Recycle is recycling CFRP from end-of-life parts and waste generated in the production process, such as scrap materials, out-of-date prepreg.
Carbon fiber is an advanced material ten times stronger than steel at only a quarter of its weight. CFRP, a composite material made of carbon fiber and plastic, has the added advantage of being highly resistant to deformation and to both acid and alkaline corrosion.
Some Of The Key Players In CFRP Recycle Market Include:
Carbon Conversions, ELG Carbon Fibre, Karborek, CFK Valley Recycling, JCMA, AdTech International, CRTCm, Adherent Tech, Hadeg Recycling ,Procotex, SGL ACF, CFRI and Sigmatex
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Against this backdrop of stricter CO2 restrictions and reducing fuel consumption, we expect the demand for CFRP replacing high-tension steel and other materials will keep rapid growth. The CFRP market will exhibit strong growth in the near future across many industry sectors and applications. Faced with environmental and legislative pressures, gradually increasing landfill costs, CFRP recycle on industrial scale is imperative, while CFRP Products currently are just disposed in Landfill.
The technology recovering and recycling CFRP from production remnants and end of life components is required to improve its sustainability. A number of companies have emerged in the past years or so operating commercially in carbon fiber recycling. The CFRP recycle market is concentrated in USA and Europe. Large enterprises such as Carbon Conversions, ELG Carbon Fibre, Karborek, CFK Valley Recycling, JCMA, AdTech International, CRTC, and Adherent Tech.
This report presents a comprehensive overview, market shares, and growth opportunities of CFRP Recycle market by product type, application, key manufacturers and key regions.
To calculate the market size, Research for Markets considers value and volume generated from the sales of the following segments:
Segmentation by product type:
· Chemical Process
· Physical Process
Segmentation by application:
· Sporting Goods
· Industrial Use
· Other Applications
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Major Table of Contents:
1 Industry Overview
2 Industry Environment
3 CFRP Recycle Market by Type
4 Major Companies List
5 Market Competition
6 Market Demand
7 Region Operation
8 Marketing & Price
9 Research Conclusion
· To study and analyze the global CFRP Recycle consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
· To understand the structure of CFRP Recycle market by identifying its various subsegments.
· Focuses on the key global CFRP Recycle manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
· To analyze the CFRP Recycle with respect to individual growth trends, future prospects, and their contribution to the total market.
· To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
· To project the consumption of CFRP Recycle submarkets, with respect to key regions (along with their respective key countries).
• All segmentation provided above in this report is represented at country level and can be customized according to needs.
• All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization).
Reasons to Purchase this Report
· Current and future of global oncology nutrition market outlook in the developed and emerging markets
· The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
· Regions/countries that are expected to witness the fastest growth rates during the forecast period
· The latest developments, market shares, and strategies that are employed by the major market players
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About Research for Markets:
Research for Markets indulges in detailed and diligent research on different markets, trends and emerging opportunities in the successive direction to cater to your business needs. We have established the pillars of our flourishing institute on the grounds of Credibility and Reliability. RFM delve into the markets across Asia Pacific, North America, South America, Europe, Middle East and Africa.
Mr. A Naidu
Research for Markets
Tel: +44 8000-4182-37 (UK)
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