The recycled carbon fiber market size is USD 34.1 Bn in 2026.
The recycled carbon fiber market is projected to grow at a CAGR of 9% by 2033.
The recycled carbon fiber market growth drivers include stringent environmental regulations, rising EV adoption, lightweight material demand, and cost advantages over virgin carbon fiber.
Europe is the dominating region for the recycled carbon fiber market.
SGL Carbon SE, Toray Industries, Inc., Hexcel Corporation, Teijin Limited, and Mitsubishi Chemical Corporation are some leading industry players in the recycled carbon fiber market.