123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Opportunities In The Global Recycled Carbon Fiber Market To Grow At A Cagr Of 13.1% By 2024

Profile Picture
By Author: Lucintel
Total Articles: 2042
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

According to a new market report published by Lucintel, the future of the global recycled carbon fiber market looks promising with opportunities in transportation, aerospace, consumer electronics, and sporting goods industries. The global recycled carbon fiber market is expected to grow at a CAGR of 13.1% from 2019 to 2024. The major drivers for this market are regulations for reuse & recyclability of materials and the cost advantage of recycled carbon fiber compared to virgin carbon fiber.

In this market, carbon fiber is recycled to produce milled, chopped, and non-woven mats for wide variety of applications. Lucintel forecasts that non-woven mats will remain the largest product type and it is also expected to witness the highest growth over the forecast period due to the growing demand for low cost, recycled carbon fiber in structural applications.

Within recycled carbon fiber market, transportation will remain the largest end use industry and it is also expected to witness highest growth over the forecast period due to increasing demand for lightweight, cost effective materials.

Asia Pacific will ...
... remain the largest market and it is also expected to witness the highest growth over the forecast period due to the growing demand for high performance materials at a relatively lower cost in transportation, aerospace, sporting goods, and consumer electronics applications.

Emerging trends, which have a direct impact on the dynamics of the industry, include the development of various processes and methods to reduce energy consumption and cost during recycling process. ELG Carbon Fiber Ltd., SGL Group, CFK Valley Recycling, Vartega Inc., Procotex, Toray/Zoltek, and Karborek are among the major suppliers of recycled carbon fiber.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global recycled carbon fiber market by end use industry, by product type, and region, and has come up with a comprehensive research report entitled “Growth Opportunities in the Global Recycled Carbon Fiber Market 2019-2024: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategies as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global recycled carbon fiber market by end use industry, product type, and region as follows:

By end use Industry [Volume (M lbs) and $M shipment analysis from 2013 to 2024]:
• Transportation
• Aerospace
• Consumer Electronics
• Sporting Goods
• Others

By Product Type [Volume (M lbs) and $M shipment analysis from 2013 to 2024]:
• Non Woven Mats
• Chopped Carbon Fiber
• Milled Carbon Fiber

By region [Volume (M lbs) and $M shipment analysis from 2013 to 2024]:
• North America
• Europe
• The Rest of the World

This 214-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or helpdesk@lucintel.com. Lucintel offerings include advanced materials reports, composite materials market report, strategic growth consulting, market research due diligence and business strategy consulting.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

This report addresses the following key questions:

Q. 1. What are some of the most promising, high-growth opportunities for the global recycled carbon fiber market by end use industry (aerospace, transportation, consumer electronics, sporting goods, and others), product type (non woven mats, chopped carbon fiber, milled carbon fiber), and region (North America, Europe, APAC, and the Rest of the World)?
Q. 2. Which products segments will grow at a faster pace and why?
Q. 3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. Who are the major players in this market? What strategic initiatives are being taken by key companies for business growth?
Q.9. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by product substitution?
Q. 10. What M&A activity has occurred in the last 5 years?

Total Views: 514Word Count: 846See All articles From Author

Add Comment

Business Articles

1. Best Property Preservation Updating Services In Alabama
Author: RPR Services

2. Expansion Of Photoresist & Photoresist Ancillaries Market Will Remain Close To Being Stagnant Through 2025
Author: Jack Martin

3. 6 Easy Ways To Protect Your Home From Burglaries
Author: AYS System

4. Difc Investment Crowdfunding Business License - 10 Leaves
Author: Nitya

5. How To Find The Most Profitable On-demand Business With Uber Clone App
Author: Maria Smith

6. How Does The Uber Clone App Work? How Do I Choose The Best Uber Clone Script?
Author: Uber clone scipt

7. How To Obtain Fssc 22000 Certification In 5 Simple Steps
Author: John

8. Best Playschool Franchise - iris florets
Author: irisflorets

9. 2507 Super Duplex Round Bars
Author: chhajed alloys

10. Why Do Businesses Opt For Commercial Housekeeping Services?
Author: Tuskers India

11. Benefits Of Outsourcing Housekeeping Services
Author: Tuskers India

12. Specific Details Regarding Frp Pipes

13. Why Are On-demand Home Services Apps The Next Big Thing In The Business World?
Author: Lilac Homier

14. Same Day Payday Loans For Cash Advance For Your Convenience
Author: Amy Jones

15. Specific Details Regarding Forged Circles And Forged Rings
Author: kanak metal & alloys

Login To Account
Login Email:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: