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    US Recycled Carbon Fiber Market

    ID: MRFR/CnM/11531-HCR
    111 Pages
    Chitranshi Jaiswal
    October 2025

    US Recycled Carbon Fiber Market Research Report: By Type (Non-Oven Mats, Milled carbon fiber, Chopped carbon fiber) - Forecast to 2035

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    US Recycled Carbon Fiber Market Infographic
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    US Recycled Carbon Fiber Market Summary

    The US Recycled Carbon Fiber market is projected to grow from 2.4 USD Billion in 2024 to 10.1 USD Billion by 2035.

    Key Market Trends & Highlights

    US Recycled Carbon Fiber Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate (CAGR) of 13.9 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 10.1 USD Billion, indicating robust growth potential.
    • In 2024, the market is valued at 2.4 USD Billion, reflecting the increasing interest in sustainable materials.
    • Growing adoption of recycled carbon fiber due to environmental sustainability concerns is a major market driver.

    Market Size & Forecast

    2024 Market Size 2.4 (USD Billion)
    2035 Market Size 10.1 (USD Billion)
    CAGR (2025-2035) 13.9%

    Major Players

    Mitsubishi Chemical Corporation, Sigmatex, Recipro, Hexcel Corporation, Cygnet Texkimp, SABIC, ELG Carbon Fibre, Zoltek, Kordsa, Advanced Fiber Technologies, Teijin Limited, Centripetal Solutions, Carbon Fiber Recycling, Aerospace Composite Products, Toray Industries

    US Recycled Carbon Fiber Market Trends

    The US Recycled Carbon Fiber Market is experiencing significant growth driven by increasing awareness of sustainability and the need to reduce carbon footprints across various industries. Key market drivers include the growing demand for lightweight materials in sectors such as aerospace, automotive, and sporting goods, where enhanced performance and fuel efficiency are crucial. This emphasis on environmental responsibility has led manufacturers to seek alternative materials, making recycled carbon fiber an attractive option.

    Opportunities to be explored in the US market include advancing technologies that improve the recycling processes for carbon fiber, as well as increased investments in R&D for applications beyond traditional uses.The auto industry, in particular, is looking to incorporate recycled carbon fiber for its benefits in reducing vehicle weight and enhancing fuel economy. A focus on building circular economy practices also opens doors for businesses eager to capture market share while simultaneously promoting sustainability. Trends in recent times highlight a push for collaboration between manufacturers, recyclers, and end-users to develop a more robust supply chain for recycled carbon fiber.

    Government policies that support recycling initiatives and environmental regulations further bolster market activity, encouraging companies to prioritize recycled materials in their production processes.Additionally, as consumers become more environmentally conscious, their preferences are steering brands towards adopting more sustainable practices which include the use of recycled carbon fiber. The overall momentum in the US market points towards an increasing integration of recycled carbon fiber in various manufacturing processes and applications, underscoring the shift towards a more sustainable future.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Market Segment Insights

    Recycled Carbon Fiber Market Type Insights

    The US Recycled Carbon Fiber Market showcases a diverse Type landscape, including various forms such as Non-Oven Mats, Milled Carbon Fiber, and Chopped Carbon Fiber. Each of these forms plays a significant role in the overall functionality and application of recycled carbon fibers, thus contributing to market growth. Non-Oven Mats are particularly important in applications requiring lightweight yet robust materials, frequently utilized in automotive and aerospace sectors for their strength-to-weight ratio.

    They reflect a growing trend toward sustainability and eco-friendly practices within these industries, a shift that aligns with the increasing regulatory pressures for reduced carbon footprints in the US.Milled Carbon Fiber also holds a crucial position in the marketplace, serving as a key component in enhancing the properties of various composite plastics. The milling process allows for improved material performance, which is essential in high-performance applications such as sports equipment and industrial components. Chopped Carbon Fiber, on the other hand, caters to a variety of applications by being incorporated into thermoplastic composites, thereby optimizing manufacturing processes.

    This segment addresses specific challenges within production cycles, such as the need for reduced weight without compromising strength.Overall, the Type division in the US Recycled Carbon Fiber Market not only reflects the diverse applications of this material but is also responsive to the evolving demands of industries focused on innovation, sustainability, and increased performance metrics. As the market advances, the emphasis on research and development continues to pave the way for new methodologies and enhancements in each Type category.

    The overall market dynamics indicate a strong push toward greater adoption and usage of recycled carbon fibers, spurred by consumer awareness and technological advancements within these segments.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Get more detailed insights about US Recycled Carbon Fiber Market Research Report - Forecast till 2035

    Key Players and Competitive Insights

    The US Recycled Carbon Fiber Market is an evolving sector characterized by a robust potential for growth driven by increasing awareness of sustainability and the necessity for eco-friendly materials in various industries. As companies and consumers aim to reduce their carbon footprints, recycled carbon fiber presents a sustainable alternative to traditional carbon fiber, which has typically been expensive and environmentally taxing to produce. The market is witnessing heightened competition as established players and new entrants leverage technological advancements, innovation, and manufacturing expertise to improve recycling processes and the overall quality of recycled carbon fibers.

    The competitive landscape is further intensified by strategic partnerships, investment in research and development, and a keen focus on expanding market share through enhanced distribution channels and an emphasis on customer-centric solutions.Mitsubishi Chemical Corporation has established a significant footing within the US Recycled Carbon Fiber Market by leveraging its vast experience in the chemical and materials sector. The company prides itself on its advanced recycling technologies and has systematically integrated sustainable practices into its operational framework.

    With an aptitude for innovation, Mitsubishi Chemical Corporation has been actively working on enhancing the quality and performance of its recycled products to meet the diverse needs of the automotive, aerospace, and industrial sectors. The company's strengths lie in its extensive portfolio of high-performance materials, an agile supply chain, and a commitment to reducing environmental impact, which positions it advantageously in an increasingly competitive market.Sigmatex has carved a notable niche in the US Recycled Carbon Fiber Market with its focus on providing high-performance composite solutions.

    The company offers a variety of key products and services which include advanced technical textiles made from recycled carbon fibers that cater to multiple markets such as automotive, aerospace, and sporting goods. Its market presence is reinforced by robust collaborations and partnerships aimed at expanding its capabilities in recycling and innovative product development. Sigmatex's strengths stem from its commitment to research and development, enabling it to remain at the forefront of the materials industry.

    Additionally, the company has engaged in strategic mergers and acquisitions that have enhanced its production capacity and technological expertise, allowing Sigmatex to reinforce its position as a leader in sustainable composite solutions within the US market.

    Key Companies in the US Recycled Carbon Fiber Market market include

    Industry Developments

    The US Recycled Carbon Fiber Market has seen significant developments recently, with a focus on sustainability and innovation among major players such as Mitsubishi Chemical Corporation, Sigmatex, and Hexcel Corporation. In June 2023, ELG Carbon Fibre announced its plans to expand its recycling capacities to meet the growing demand for environmentally friendly materials. Furthermore, in March 2023, Toray Industries unveiled a new partnership with Cygnet Texkimp to enhance their recycling processes for carbon fibers, highlighting the industry's commitment to reducing waste.

    The market has experienced robust growth, attributed to increasing regulations on composite waste and a rising emphasis on circular economy practices. Financially, companies like Zoltek and Advanced Fiber Technologies have demonstrated strong market valuations, indicating confidence in the recycled carbon fiber sector. In August 2022, Kordsa launched an innovative facility in the US to boost its recycling efforts, which further underscored the momentum in the market. Advanced initiatives in R&D within the sector have also driven advancements, signifying continuous transformation in the US Recycled Carbon Fiber Market over recent years.

    Market Segmentation

    Outlook

    • Non-Oven Mats
    • Milled carbon fiber
    • Chopped carbon fiber

    Recycled Carbon Fiber Market Type Outlook

    • Non-Oven Mats
    • Milled carbon fiber
    • Chopped carbon fiber

    Report Scope

    Report Scope:
    Report Attribute/Metric Source: Details
    MARKET SIZE 2018 2.13(USD Billion)
    MARKET SIZE 2024 2.4(USD Billion)
    MARKET SIZE 2035 10.05(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 13.905% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Billion
    KEY COMPANIES PROFILED Mitsubishi Chemical Corporation, Sigmatex, Recipro, Hexcel Corporation, Cygnet Texkimp, SABIC, ELG Carbon Fibre, Zoltek, Kordsa, Advanced Fiber Technologies, Teijin Limited, Centripetal Solutions, Carbon Fiber Recycling, Aerospace Composite Products, Toray Industries
    SEGMENTS COVERED Type
    KEY MARKET OPPORTUNITIES Sustainable manufacturing processes, Automotive industry demand growth, Aerospace industry applications expansion, Increased regulatory support, Eco-friendly product innovations
    KEY MARKET DYNAMICS sustainability regulations enforcement, automotive industry demand, aerospace applications growth, cost-effective manufacturing processes, technological advancements in recycling
    COUNTRIES COVERED US

    FAQs

    What is the expected market size of the US Recycled Carbon Fiber Market in 2024?

    The US Recycled Carbon Fiber Market is expected to be valued at approximately 2.4 USD billion in 2024.

    What is the projected market size for the US Recycled Carbon Fiber Market by 2035?

    By 2035, the market is projected to grow to around 10.05 USD billion.

    What is the expected compound annual growth rate (CAGR) for the US Recycled Carbon Fiber Market between 2025 and 2035?

    The market is anticipated to experience a CAGR of 13.905% from 2025 to 2035.

    What will be the market value of Non-Oven Mats segment in the US Recycled Carbon Fiber Market by 2035?

    The Non-Oven Mats segment is expected to reach approximately 4.05 USD billion by 2035.

    Which players hold a significant share of the US Recycled Carbon Fiber Market?

    Major players in the market include Mitsubishi Chemical Corporation, Hexcel Corporation, and Teijin Limited, among others.

    How much is the Milled Carbon Fiber segment expected to be valued at in 2035?

    The Milled Carbon Fiber segment is projected to be valued at around 3.05 USD billion by 2035.

    What is the expected market value for Chopped Carbon Fiber in 2035?

    The Chopped Carbon Fiber segment is anticipated to reach approximately 2.95 USD billion by 2035.

    What are the potential growth drivers for the US Recycled Carbon Fiber Market?

    Key growth drivers include increasing demand for sustainable materials and advancements in recycling technologies.

    What impact do current global trends have on the US Recycled Carbon Fiber Market?

    Current global trends are expected to accelerate the adoption of recycled carbon fibers as sustainability becomes a focal point.

    What regions are likely to see significant growth in the US Recycled Carbon Fiber Market?

    Regions with a strong manufacturing base and automotive industry are expected to experience significant growth in the market.

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