Recycled Carbon Fiber Market Projected to Reach $427 Million by 2031 Fueled by Increased Use in Automotive and Aerospace Industries, According to Mordor Intelligence

Recycled Carbon Fiber Market Insights

Location and Date:
Hyderabad, India, Sept. 14, 2026
Source: PRNewswire

Market Overview:

• The recycled carbon fiber market is projected to grow from USD 224.62 million in 2026 to USD 427 million by 2031 according to Mordor Intelligence.
• Key drivers include demand from aerospace and automotive sectors, emphasis on sustainability, and advancements in recycling technologies.

Key Trends Affecting the Market:

1. Competition with Alternative Materials:

   • Aluminum and glass fiber are cheaper alternatives, affecting the adoption of recycled carbon fiber, especially in cost-sensitive automotive applications.

2. Challenges in Collection and Supply:

   • Limited scrap collection networks and varying quality impact logistics and feedstock availability, leading to more waste rather than recycling.

3. Opportunities from Wind Turbine Retirements:

   • The disposal of aging wind turbines is generating additional carbon-fiber composite waste, which could bolster recycling efforts.

Market Segmentation:

• By Product Type:

  • Chopped Recycled Carbon Fiber
  • Milled Recycled Carbon Fiber

• By Source:

  • Aerospace Scrap
  • Automotive Scrap
  • Other Sources

• By Recycling Process:

  • Pyrolysis
  • Solvolysis / Chemical Recycling
  • Mechanical Shredding and Milling

• By Matrix Compatibility:

  • Thermoset Composites
  • Thermoplastic Composites

• By End-user Industry:

  • Automotive
  • Aerospace and Defense
  • Wind Energy
  • Sporting Goods
  • Others

• By Geography:

  • Asia
  • North America
  • Europe
  • South America
  • Middle-East and Africa

Regional Insights:

• North America leads in market share, driven by a robust aerospace sector and increasing use of recycled materials, especially in automotive components.

• Europe is accelerating recycling initiatives due to stringent regulations and advancements in recycling technologies, particularly in the automotive and sporting goods sectors.

Competitive Landscape:

Companies to Watch:

• Alpha Recyclage Composites
• Carbon Conversions
• Mitsubishi Chemical Group Corporation
• TEIJIN LIMITED
• Toray Industries, Inc.

Conclusion:

The recycled carbon fiber market is gaining traction as industries increasingly prioritize sustainable materials and improved recycling techniques. Notable growth prospects are anticipated across various sectors due to rising environmental concerns and advancements in technology.

For a deeper analysis, refer to the full report: Mordor Intelligence – Recycled Carbon Fiber Market