What Happened
Growing Demand from Aerospace and Automotive Sectors
The global recycled carbon fiber market is expected to grow from USD 224.62 million in 2026 to USD 427 million by 2031, driven by increasing demand from the aerospace and automotive sectors. The market is supported by growing net-zero targets, recycling regulations, and advances in pyrolysis, which reduce processing costs. According to a report by Mordor Intelligence, the market’s growth prospects are strengthened by the rising retirement of wind turbines, creating a new source of carbon-fiber composite waste for recyclers. This was reported by Mordor Intelligence Private Limited.