Press release
CFRP Recycle Market Analysis to 2025 - Carbon Conversions, ELG Carbon Fibre, Karborek, CFK Valley Recycling, JCMA etc
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.
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.
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This report studies the global CFRP Recycle market status and forecast, categorizes the global CFRP Recycle market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa).
The global CFRP Recycle market is valued at 270 million US$ in 2017 and will reach 410 million US$ by the end of 2025, growing at a CAGR of 5.5% during 2018-2025.
The major manufacturers covered in this report
Carbon Conversions
ELG Carbon Fibre
Karborek
CFK Valley Recycling
JCMA
AdTech International
CRTC
Adherent Tech
Hadeg Recycling
Procotex
SGL ACF
CFRI
Sigmatex
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
North America
Europe
China
Japan
Southeast Asia
India
Other Regions (India, Southeast Asia, Central & South America and Middle East & Africa)
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