Press release
Recycled Carbon Fiber Market to Reach USD 0.31 Billion by 2030, Growing at 13.3% CAGR
Recycled Carbon Fiber Market
The Asia Pacific region led the market in 2024 with a 28.6% revenue share, propelled by expanding automotive and aerospace manufacturing bases, strong government sustainability policies, and rising investment in composite recycling technologies. The aerospace segment dominated supply sources, accounting for 43.3% of revenue, reflecting the high quality and consistent availability of composite waste from aircraft manufacturing and maintenance. The chopped fiber segment led by type dominates applications due to its versatility and ease of integration in thermoplastics and composites for automotive and industrial uses, while the automotive & transportation end-use segment holds the largest revenue share, fueled largely by the drive toward lightweight, fuel-efficient vehicles and electric vehicle advancements.
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Key Highlights from the Report
➤ Recycled carbon fiber market to reach USD 0.31 billion by 2030 from USD 0.16 billion in 2025, growing at 13.3% CAGR.
➤ Asia Pacific holds the largest market share (28.6%) driven by automotive and aerospace sectors.
➤ Aerospace is the predominant feedstock at 43.3% revenue share in 2024.
➤ Chopped fibers dominate the type segment due to broad applications in thermoplastics and composites.
➤ Automotive & transportation industry leads end-use adoption, focusing on lightweight and sustainable materials.
➤ Europe expected to experience the fastest regional growth on stringent environmental regulations and recycling mandates.
Market Segmentation
The type segmentation divides recycled carbon fiber into chopped and milled fibers. Chopped fibers are highly versatile, extensively used in automotive interiors, body panels, and molded parts due to ease of processing and cost-effectiveness. Milled fibers, valued for enhancing mechanical and conductive properties, are increasingly employed in coatings and adhesives for improved dispersion and performance.
By source, the market is primarily supplied by aerospace , consisting of high-grade composite production waste and retired aircraft components providing consistent fiber quality essential for demanding applications. Automotive is a growing feedstock supporting broader industrial recycling streams.
Manufacturing processes in this market include mechanical, thermal, and chemical recycling. Thermal methods like pyrolysis and solvolysis enable recovery of fibers with near-virgin mechanical properties, with innovations such as microwave pyrolysis reducing energy consumption significantly. These advancements expand applicability to high-performance sectors.
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Regional Insights
Europe stands poised for the fastest growth rate in recycled carbon fiber adoption, driven by stringent environmental policies, advocacy for circular economy principles, and a well-established aerospace and automotive base that produces consistent high-quality for recycling. Companies like Procotex and Hera Group are investing heavily in advanced recycling plants, such as Hera's FIB3R facility in Italy, employing state-of-the-art pyro-gasification technologies.
North America maintains a strong position supported by high demand in automotive and aerospace industries, as well as technological leadership in recycling innovations. Asia Pacific's expanding manufacturing sectors and sustainability initiatives position it as the largest revenue contributor with rapid market adoption in countries like China.
Market Dynamics
Market Drivers
Increased regulatory pressure on carbon footprint reduction and sustainability is pushing manufacturers to replace virgin carbon fiber with recycled alternatives. Additionally, growing electrification of vehicles and aerospace technological complexity create demand for lightweight, durable, and cost-effective composites reinforced with recycled carbon fibers.
Market Restraints
Challenges include limitations in fiber length and quality variability of recycled carbon fiber compared to virgin material, alongside gaps in technical knowledge and infrastructure for large-scale recycling and supplies, especially in emerging markets.
Market Opportunities
Innovations in recycling processes such as microwave-assisted pyrolysis, solvolysis, and chemical recovery enable improved fiber quality, opening possibilities in high-end applications like aerospace components and advanced automotive parts. Expansion in circular manufacturing and closed-loop recycling partnerships offer significant commercial potential.
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Reasons to Buy the Report
✔ Extensive CAGR analysis and market size forecast through 2030 across multiple dimensions.
✔ Detailed breakdown of fiber types, feedstock sources, manufacturing techniques, and end-use industries.
✔ Regional market insights highlighting fastest-growing and largest markets.
✔ Comprehensive company evaluation matrix and competitive strategies.
✔ Innovation spotlight on cutting-edge recycling processes and new industry collaborations.
Frequently Asked Questions (FAQs)
◆ What is the projected size and growth rate of the global recycled carbon fiber market by 2030?
◆ Which region holds the largest market share in recycled carbon fiber adoption?
◆ What are the main types of recycled carbon fiber and their usage applications?
◆ Which industries drive the highest demand for recycled carbon fiber?
◆ What are the major technological advancements improving recycled fiber quality?
Company Insights
TORAY INDUSTRIES, INC.
Mitsubishi Chemical Group Corporation
Procotex Corporation SA
Vartega Inc.
Carbon Fiber Remanufacturing
Sigmatex
Gen 2 Carbon Limited
SGL Carbon
TEIJIN LIMITED
Carbon Conversions
Alpha Recyclage Composites
Recent Developments
In March 2025, TEIJIN LIMITED launched "Tenax Next," a next-generation carbon fiber line supporting recycled fiber inclusion for enhanced manufacturing efficiency and sustainability.
In March 2025, Syensqo and Vartega announced a partnership to integrate Vartega's recycled carbon fiber into Syensqo's specialty polymers for automotive composite applications.
In March 2025, Hera Group inaugurated FIB3R, Europe's first industrial-scale carbon fiber recycling plant in Imola, Italy, employing advanced pyro-gasification techniques producing 160 tons of recycled fiber annually.
Conclusion
The recycled carbon fiber market is gaining significant traction as industries seek environmentally responsible, cost-efficient alternatives to virgin carbon fiber. With its market size set to more than double by 2030 and a robust CAGR of 13.3%, recycled carbon fiber is transforming composite manufacturing across automotive, aerospace, consumer goods, and industrial sectors. Technological innovations in recycling processes, supportive regulatory frameworks, and growing circular economy initiatives especially in Europe, Asia Pacific, and North America, together pave the way for broader adoption and sustainable material cycles worldwide.
Contact Us
Mr. Sai Kiran
DataM Intelligence 4market Research LLP Ground floor
DSL Abacus IT Park, Industrial Development Area
Uppal, Hyderabad, Telangana 500039
USA: +1 877-441-4866
Email: Sai.k@datamintelligence.com
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About Us
DataM Intelligence 4Market Research is a comprehensive market intelligence platform offering syndicated and customized reports along with expert consulting across multiple industries, including chemicals, healthcare, agriculture, food & beverages, and more. With extensive experience and a strategy-focused approach, DataM provides businesses and individuals with reliable market insights, statistical forecasts, and personalized research solutions to help them make informed decisions and successfully bring innovations to market.
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