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Global CFRP Recycle Market to Witness a Pronounce Growth During 2024– Top Key players like Carbon Conversions,Karborek,JCMA,Inc.
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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is recycling CFRP from end-of-life parts and waste generated in the production process, such as scrap materials, out-of-date prepreg.
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.
Recycling CFRP is also used in sporting goods, automotive industry, and others. In 2017, industrial application is the largest consumer. The demand for CFRP is expected to continue increasing during the remaining years of the forecast period of 2019-2025.
According to this study, over the next five years the CFRP Recycle market will register a 13.1% CAGR in terms of revenue, the global market size will reach US$ 540 million by 2024, from US$ 290 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in CFRP Recycle business, shared in Chapter 3.
Market Segment by Manufacturers, this report covers
Carbon Conversions
ELG Carbon Fibre
Karborek
CFK Valley Recycling
JCMA
Carbon Fiber Remanufacturing
CRTC
Adherent Tech
Hadeg Recycling
Procotex
SGL ACF
CFRI
Sigmatex
Market Segment by Type, covers
Chemical Process
Physical Process
Market Segment by Applications, can be divided into
Aerospace
Sporting Goods
Automobiles
Industrial Use
Other
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Related Information:
North America CFRP Recycle Market Growth 2019-2024
United States CFRP Recycle Market Growth 2019-2024
Asia-Pacific CFRP Recycle Market Growth 2019-2024
Europe CFRP Recycle Market Growth 2019-2024
EMEA CFRP Recycle Market Growth 2019-2024
Global CFRP Recycle Market Growth 2019-2024
China CFRP Recycle Market Growth 2019-2024
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