Fiber is composed with tiny carbon atoms with high tensile strength, high chemical resistance, high stiffness, high temperature tolerance and low weight. Recycled carbon fiber is widely used in various fields such as Aerospace, Defense, Industrial, Sporting Goods, Marine, Automotive & Transportation, and Consumer Goods. It provides high strength and rigidity compared to other metals.
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Top Key Players Global Recycled Carbon Fiber Market:
· Vartega Inc., Carbon Fiber Remanufacturing, Alpha Recyclage Composites, Procotex Corporation SA , Shocker Composites LLC , Carbon Fiber Recycling, Inc, Carbon Conversions Inc., SGL Carbon, ELG Carbon Fibre Ltd., and Toray Industries, Inc. Global Recycled Carbon Fiber Market Production Breakdown Data by Top Regional scope:
· NorthAmerica
· Asia Pacific
· Europe
· Latin America
· Middle East
By Drivers, Global Recycled Carbon Fiber Market is Primarily split into:
- Increase in usage of carbon fiber in various sectors including defense and aerospace is the key driving factor which is expected to boost the global recycled carbon fiber market growth. Furthermore, rise in demand for light weight and fuel efficient vehicles will have the positive impact on market growth. Moreover, increase in product launch activity by key competitors will fuel the market growth. For instance, in January 2020, Sigmatex had launched recycled carbon fiber which is from high quality carbon fiber waste. Also, rise in demand for high performance and cost effective carbon fiber in composite industry which is expected to propel the global carbon fiber market growth.
Market Segments:
· Global Recycled Carbon Fiber Market is segmented into source such as Aerospace Scrap, and Automotive Scrap, by type such as Chopped, and Milled. Further, market is segmented into end use such as Aerospace, Defense, Industrial, Sporting Goods, Marine, Automotive & Transportation, and Consumer Goods.
By Source:
- Aerospace Scrap
- Automotive Scrap
By Types:
- Chopped Milled
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