The recycled carbon fiber market is likely to grow at a promising CAGR of 18.1% during 2023-2028 to reach an estimated value of US$ 295.4 million in 2028.
Recycling carbon fiber refers to the process of reusing or reclaiming carbon fibers from manufacturing scraps, products, or structures that are no longer in use or have reached the end of their life cycle, to extend their lifecycle and reduce environmental impact.