Recycled Carbon Fiber Market - Databook 2025 to 2034

The global recycled carbon fiber market size was estimated at USD 304.95 million in 2024 and is projected to be worth around USD 1,543.71 million by 2034, growing at a CAGR of 17.6% from 2025 to 2034.

Highlights of the Recycled Carbon Fiber Market

• North America dominated the global market in 2024.
• Asia Pacific is anticipated to grow at the fastest rate in the market during the forecast period.
• By product, the chopped carbon fiber segment held a dominant presence in the market in 2024.
• By product, the milled carbon fiber segment is expected to grow at the fastest rate in the market during the forecast period of 2025 to 2034.
• By source, the automotive scrap segment accounted for a considerable share of the recycled carbon fiber market in 2024.
• By source, the aerospace scrap segment is projected to experience the highest growth rate in the market between 2025 and 2034.
• By recycling method, the mechanical recycling segment led the market.
• By recycling method, the chemical recycling segment is set to experience the fastest rate of market growth from 2025 to 2034.
• By end-use, the aerospace and defense segment dominated the recycled carbon fiber market.
• By end-use industry, the wind energy segment is projected to expand rapidly in the market in the coming years.

Industry Valuation and Growth Rate Projection

The recycled carbon fiber market deals with the recycling of expensive carbon fiber materials in construction and civil engineering settings. Globally, increasingly environment-conscious clientele chooses recycled carbon fibers over those of virgin types. These fibers are lightweight and strong, allowing for a variety of industrial applications including construction and civil engineering. Concrete, being strong in compression but poor in tensile and flexural strength, can be improved with the incorporation of recycled carbon fiber in cement composites to give higher mechanical strength and wear resistance, and better workability and crack resistance to cement-based materials. Surface treatments such as alkaline treatment will improve the bonding between recycled fiber and the cement matrix, thereby improving structural performance. The increased market demand is driven by consumers in the development and engineering fields seeking to enhance their green footprints without compromising on strength and reliability.

Recycled Carbon Fiber Market: Stats and Figures

• The average estimated global carbon fiber demand is around 65,000-85,000 metric tonnes per year.
• Analysts estimate that carbon fiber demand could exceed supply by about 24,000 metric tonnes by 2022.

How AI Has Benefitted the Recycled Carbon Fiber Market?

• Artificial intelligence in the recycled carbon fiber market has seen numerous applications, including determining and enhancing material quality, and also in the automated sorting and classification of materials.
• Optimization of Recycling Processes: AI improves recycling processes like pyrolysis and oxidation for maximum fiber quality with the most efficient removal of resin.
• Enhanced Material Quality: Mechanical performance criteria are guaranteed by AI; recycled fibers must be suitable for applications requiring high-performance fibers, such as automotive or aerospace sectors.
• Market Improvement Forecasting: The AI forecasts demand by considering historical, real-time market data, analyzing it, and deriving production volume to allocate resources optimally.
• Sorting & Material Classification Automation: From identification to separation of composite materials corroborated by artificial intelligence through vision and spectroscopy apparatus, throughput is increased alongside the decrease in manual error.
• Cost Minimization: Automation and establishment under the supervision of AI minimize manual interference, thereby diminishing energy cost, labor cost, and error cost; collectively, it favors the recycling process in economic terms.
• Circular Economy/Sustainability Support: The AI has made material recovery much more able and landfill throughput much less.

Industry Leader Announcements

• Jörg Friedrich, CTO of Teijin Carbon Europe:

“We’ve developed a new generation of materials that meet the growing demand for sustainable solutions.”

• Piers Thynne, Chief Operating Officer at McLaren F1:

“We’re proud to team up with V Carbon to lead the charge in sustainable materials, running with recycled carbon fibre at the Austin GP.”

Geographical Insights

North America

North America led the recycled carbon fiber market because of a great emphasis on sustainability and advanced industrial infrastructure. The region is home to industries such as

automotive, aerospace, renewable energy, and construction, which, on an increasing scale, utilize recycled carbon fiber in achieving their environmental goals and regulatory objectives. Since recycled carbon fiber finds large-scale industrial use, those industries are in need of lightweight materials that increase fuel efficiency and reduce emissions.

Asia-Pacific

The Asia Pacific region is expected to have the fastest market growth for the recycled carbon fibers industry because of rapid industrial growth, increasing capacity of environmental consciousness, and government-sponsored initiatives that strengthen the concept. The electrification drive is proving to be an added incentive for the region to reduce carbon emissions and meet other environmental concerns with the help of these green materials. Countries are adopting recycled carbon fiber in their production ecosystems for better performance and to keep pace with global sustainability agendas.

Recent Developments:

• In March 2025, Teijin Carbon introduces Tenax Next, a next-generation carbon fiber brand featuring circular feedstock, reducing the carbon footprint while maintaining traditional Tenax performance.
• In April 2025, Levante, an Italian carbon fiber solar panel company, introduced new waterproof 110 W and 55 W products, which are lightweight, glass-free, and made from recycled carbon fiber.

Competitive Landscape

The recycled carbon fibers market is moderately fragmented with local players like Alpha Recyclage Composites, Carbon Fiber Remanufacturing, Gen 2 Carbon, c, Shoker Composites, Carbon Conversion, Carbon Fiber Recylin Inc., Karborek Recycling Carbon Fibers, Toray Industries, SGL Carbon, Vartega Inc., etc., wishing to take the time to edge their presence through investments, partnerships, acquisitions, and mergers. They also invest in product development and competitive pricing. These strategies will promote market growth and lucrative opportunities for market players

• Company Name: Alpha Recyclage Composites
• Year of Incorporation: 2012
• Headquarters: Toulouse and Castelsarrasin, France

Alpha Recyclage Composites, with Westlake's support, is expanding its carbon fiber recycling operations and aims to reach 1,000 metric tons of recycling capacity per year by 2027.

• Company Name: SGL Carbon
• Year of Incorporation: 1992
• Headquarters: Wiesbaden, Germany

SGL Carbon's annual revenue in 2024 was €1,026.4 million, a decrease of 5.8% compared to €1,089.1 million in 2023.