What Happened
Growing Demand from Aerospace and Automotive Sectors Drives Growth
The global recycled carbon fiber market is expected to reach USD 427 million by 2031, driven by growing demand from the aerospace and automotive sectors. The market is valued at USD 224.62 million in 2026, with chopped recycled carbon fiber remaining widely used in injection and compression molding. Advances in pyrolysis are helping reduce processing costs, while rising net-zero targets and recycling regulations are strengthening the market’s growth prospects. According to a report from Mordor Intelligence, the market is expected to experience significant growth in the coming years, driven by the increasing adoption of sustainable composite materials.