[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Europe Green Carbon Fiber Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Chopper Recycled Carbon Fiber and Milled Recycled Carbon Fiber), Source (Automotive Scrap, Aerospace Scrap, and Others), and Application (Aerospace, Automotive, Wind Energy, Sporting Goods, and Others)

May 2023 | 122 pages | ID: EADCEAD18C4EEN
The Insight Partners

US$ 3,000.00

E-mail Delivery (PDF)

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
The Europe green carbon fiber market was valued at US$ 32.54 million in 2022 and is expected to reach US$ 66.80 million by 2028. It is estimated to register a CAGR of 12.7% from 2022 to 2028.

Benefits of Green Carbon Fiber in Europe Green Carbon Fiber Market

Green carbon fiber provides environmental sustainability, cost-effectiveness, energy efficiency, and lightweight benefits. Thus, green carbon fibers are tremendously used in battery boxes, lift gate systems, pressure vessels, wind turbines, aircraft, sporting goods, etc. The increased demand for lightweight materials in defense, automotive, sporting goods, and aerospace industries drives the green carbon fiber market. Furthermore, the demand for environmentally friendly, easily recyclable fiber and fiber-reinforced composite products is growing due to strict government rules and regulations. Regulations implemented nations is projected to boost the use of green carbon fiber, particularly in automotive industry. Furthermore, regulatory authorities have set stringent environmental rules to reduce carbon emissions and improve the demand for environmentally friendly and lightweight materials, which is likely to boost the demand for green carbon fiber. In addition, owing to rising pollution control regulations in developing countries, the demand for lightweight car materials is rising which assist in reduced car emission. This factor is surging the demand for green carbon fibers in the automotive industry as it is a lightweight material. Green carbon fiber is a lightweight material, it is used in aerospace industry for manufacturing side wall panels, in automotive industry for vehicle parts, in sporting goods industry for manufacturing snowboards, etc. Also, the utilization of recycled carbon fiber in vehicle parts makes them cost-effective. Therefore, the rising demand for lightweight materials in wind, automotive, aerospace, and sporting goods industry is bolstering the market growth of Europe green carbon fiber market.

Europe Green Carbon Fiber Market Overview

The automotive industry is growing significantly across various countries in Europe. According to the report by European Commission, turnover generated by the automotive industry in Europe represents 7% of the region’s total GDP. According to the 2022 report by International Energy Agency, the number of electric vehicles sold in Europe was 2.3вЂ?million in 2021 (up from 1.4вЂ?million in 2020). Many automotive manufacturers increasingly use recycled carbon fiber in various automobile models as Europe legislation sets mandatory CO2 emission reduction targets for new cars to improve fuel economy. Additionally, the European Union mandated that 85% of vehicle materials be recyclable. Thus, the growing automotive industry, along with government regulations regarding the usage of environment-friendly products, is propelling the market growth. Moreover, manufacturers are launching vehicles with recycled carbon fiber. SGL Group and BMW, Germany-based companies, have established a joint venture named SGL Automotive Carbon Fibers GmbH & Co. KG. The company utilizes recycled carbon fiber in various automotive components. It has utilized recycled carbon fiber for the roof of the i3 electric drive and i8 plug-in hybrid cars. Of the total CFRP parts used in the BMW i series, 10% are recycled carbon fiber.

Europe Green Carbon Fiber market Revenue and Forecast to 2028 (US$ Million)

Europe Green Carbon Fiber market Segmentation

The Europe green carbon fiber market is segmented on the basis of type, source, application, and country. On the basis of type, the Europe green carbon fiber market is segmented into chopped recycled carbon fiber and milled recycled carbon fiber. The milled recycled carbon fiber segment registered the largest market share in 2022.

Based on source, the Europe green carbon fiber market is further segmented into automotive scrap, aerospace scrap, and others. The automotive scrap segment registered the largest market share in 2022.

Based on application, the Europe green carbon fiber market is further segmented into aerospace, automotive, wind energy, sporting goods, and others. The wind energy segment registered the largest market share in 2022.

Based on country, the Europe green carbon fiber market is segmented into Germany, France, Italy, UK, Russia, and the Rest of Europe. Germany dominated the market share in 2022.

Carbon Conversions Co, Catack-H Co Ltd, Gen 2 Carbon Ltd, Innovative Recycling SA, Procotex Corp SA, SGL Carbon SE, Sigmatex (UK) Ltd., and Toray Industries Inc are the leading companies operating in the Europe green carbon fiber market.
1. INTRODUCTION

1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Green Carbon Fiber Market – By Type
1.3.2 Europe Green Carbon Fiber Market – By Source
1.3.3 Europe Green Carbon Fiber Market – By Application
1.3.4 Europe Green Carbon Fiber Market – By Country

2. KEY TAKEAWAYS


3. RESEARCH METHODOLOGY

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. EUROPE GREEN CARBON FIBER MARKET LANDSCAPE

4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.2.1 Threat of New Entrants:
4.2.2 Bargaining Power of Suppliers:
4.2.3 Bargaining Power of Buyers:
4.2.4 Intensity of Competitive Rivalry:
4.2.5 Threat of Substitutes:
4.3 Ecosystem Analysis
4.4 Expert Opinions

5. EUROPE GREEN CARBON FIBER MARKET – KEY INDUSTRY DYNAMICS

5.1 Market Drivers
5.1.1 Benefits of Green Carbon Fiber
5.1.2 Increase in Use of Green Carbon Fiber in Wind Energy Industry
5.2 Market Restraints
5.2.1 Scarcity of Composite Waste and Lack of Technical Expertise in Recycling Carbon Fiber
5.3 Market Opportunities
5.3.1 Key Strategic Developments by Green Carbon Fiber Manufacturers
5.4 Future Trends
5.4.1 Rising Popularity of Electric Cars and Increasing Use of Green Carbon Fiber in EVs
5.5 Impact Analysis

6. GREEN CARBON FIBER – EUROPE MARKET ANALYSIS

6.1 Europe Green Carbon Fiber Market Forecast and Analysis

7. EUROPE GREEN CARBON FIBER MARKET ANALYSIS – BY TYPE

7.1 Overview
7.2 Europe Green Carbon Fiber Market, By Type (2021 and 2028)
7.3 Chopped Recycled Carbon Fiber
7.3.1 Overview
7.3.2 Chopped Recycled Carbon Fiber: Green Carbon Fiber Market – Volume and Forecast to 2028 (Kilo Tons)
7.3.3 Chopped Recycled Carbon Fiber: Green Carbon Fiber Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Milled Recycled Carbon Fiber
7.4.1 Overview
7.4.2 Milled Recycled Carbon Fiber: Green Carbon Fiber Market – Volume and Forecast to 2028 (Kilo Tons)
7.4.3 Milled Recycled Carbon Fiber: Green Carbon Fiber Market – Revenue and Forecast to 2028 (US$ Million)

8. EUROPE GREEN CARBON FIBER MARKET ANALYSIS – BY SOURCE

8.1 Overview
8.2 Europe Green Carbon Fiber Market, By Source (2021 and 2028)
8.3 Automotive Scrap
8.3.1 Overview
8.3.2 Automotive Scrap: Green Carbon Fiber Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Aerospace Scrap
8.4.1 Overview
8.4.2 Aerospace Scrap: Green Carbon Fiber Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: Green Carbon Fiber Market – Revenue and Forecast to 2028 (US$ Million)

9. EUROPE GREEN CARBON FIBER MARKET ANALYSIS – BY APPLICATION

9.1 Overview
9.2 Europe Green Carbon Fiber Market, By Application (2021 and 2028)
9.3 Aerospace
9.3.1 Overview
9.3.2 Aerospace: Green Carbon Fiber Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Automotive
9.4.1 Overview
9.4.2 Automotive: Green Carbon Fiber Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Wind Energy
9.5.1 Overview
9.5.2 Wind Energy: Green Carbon Fiber Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Sporting Goods
9.6.1 Overview
9.6.2 Sporting Goods: Green Carbon Fiber Market – Revenue and Forecast to 2028 (US$ Million)
9.7 Others
9.7.1 Overview
9.7.2 Others: Green Carbon Fiber Market – Revenue and Forecast to 2028 (US$ Million)

10. EUROPE GREEN CARBON FIBER MARKET – COUNTRY ANALYSIS

10.1 Overview
10.1.1 Europe: Green Carbon Fiber Market, by Key Country
10.1.1.1 Germany: Green Carbon Fiber Market–Volume and Forecast to 2028 (Kilo Tons)
10.1.1.2 Germany: Green Carbon Fiber Market–Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Germany: Green Carbon Fiber Market, by Type
10.1.1.2.2 Germany: Green Carbon Fiber Market, by Type
10.1.1.2.3 Germany: Green Carbon Fiber Market, by Source
10.1.1.2.4 Germany: Green Carbon Fiber Market, by Application
10.1.1.3 France: Green Carbon Fiber Market–Volume and Forecast to 2028 (Kilo Tons)
10.1.1.4 France: Green Carbon Fiber Market–Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 France: Green Carbon Fiber Market, by Type
10.1.1.4.2 France: Green Carbon Fiber Market, by Type
10.1.1.4.3 France: Green Carbon Fiber Market, by Source
10.1.1.4.4 France: Green Carbon Fiber Market, by Application
10.1.1.5 Italy: Green Carbon Fiber Market–Volume and Forecast to 2028 (Kilo Tons)
10.1.1.6 Italy: Green Carbon Fiber Market–Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.1 Italy: Green Carbon Fiber Market, by Type
10.1.1.6.2 Italy: Green Carbon Fiber Market, by Type
10.1.1.6.3 Italy: Green Carbon Fiber Market, by Source
10.1.1.6.4 Italy: Green Carbon Fiber Market, by Application
10.1.1.7 United Kingdom: Green Carbon Fiber Market–Volume and Forecast to 2028 (Kilo Tons)
10.1.1.8 United Kingdom: Green Carbon Fiber Market–Revenue and Forecast to 2028 (US$ Million)
10.1.1.8.1 United Kingdom: Green Carbon Fiber Market, by Type
10.1.1.8.2 United Kingdom: Green Carbon Fiber Market, by Type
10.1.1.8.3 United Kingdom: Green Carbon Fiber Market, by Source
10.1.1.8.4 United Kingdom: Green Carbon Fiber Market, by Application
10.1.1.9 Russia: Green Carbon Fiber Market–Volume and Forecast to 2028 (Kilo Tons)
10.1.1.10 Russia: Green Carbon Fiber Market–Revenue and Forecast to 2028 (US$ Million)
10.1.1.10.1 Russia: Green Carbon Fiber Market, by Type
10.1.1.10.2 Russia: Green Carbon Fiber Market, by Type
10.1.1.10.3 Russia: Green Carbon Fiber Market, by Source
10.1.1.10.4 Russia: Green Carbon Fiber Market, by Application
10.1.1.11 Rest of Europe: Green Carbon Fiber Market – Volume and Forecast to 2028 (Kilo Tons)
10.1.1.12 Rest of Europe: Green Carbon Fiber Market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.12.1 Rest of Europe: Green Carbon Fiber Market, by Type
10.1.1.12.2 Rest of Europe: Green Carbon Fiber Market, by Type
10.1.1.12.3 Rest of Europe: Green Carbon Fiber Market, by Source
10.1.1.12.4 Rest of Europe: Green Carbon Fiber Market, by Application

11. INDUSTRY LANDSCAPE

11.1 Overview
11.2 New Product Development
11.3 Partnerships
11.4 Other Business Strategies

12. COMPANY PROFILES

12.1 Procotex Corp SA
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Sigmatex (UK) Ltd
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Carbon Conversions Co
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 SGL Carbon SE
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Toray Industries Inc
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Gen 2 Carbon Ltd
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Catack-H Co Ltd
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Innovative Recycling SA
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments

13. APPENDIX

13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES

Table 1. Europe Green Carbon Fiber Market Revenue Forecast to 2028 (US$ Mn)
Table 2. Germany Green Carbon Fiber Market, by Type – Volume and Forecast to 2028 (Kilo Tons)
Table 3. Germany Green Carbon Fiber Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. Germany Green Carbon Fiber Market, by Source – Revenue and Forecast to 2028 (US$ Million)
Table 5. Germany Green Carbon Fiber Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 6. France Green Carbon Fiber Market, by Type – Volume and Forecast to 2028 (Kilo Tons)
Table 7. France Green Carbon Fiber Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 8. France Green Carbon Fiber Market, by Source – Revenue and Forecast to 2028 (US$ Million)
Table 9. France Green Carbon Fiber Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 10. Italy Green Carbon Fiber Market, by Type – Volume and Forecast to 2028 (Kilo Tons)
Table 11. Italy Green Carbon Fiber Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 12. Italy Green Carbon Fiber Market, by Source – Revenue and Forecast to 2028 (US$ Million)
Table 13. Italy Green Carbon Fiber Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 14. United Kingdom Green Carbon Fiber Market, by Type – Volume and Forecast to 2028 (Kilo Tons)
Table 15. United Kingdom Green Carbon Fiber Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 16. United Kingdom Green Carbon Fiber Market, by Source – Revenue and Forecast to 2028 (US$ Million)
Table 17. United Kingdom Green Carbon Fiber Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 18. Russia: Green Carbon Fiber Market, by Type– Volume and Forecast to 2028 (Kilo Tons)
Table 19. Russia: Green Carbon Fiber Market, by Type– Revenue and Forecast to 2028 (US$ Million)
Table 20. Russia: Green Carbon Fiber Market, by Source – Revenue and Forecast to 2028 (US$ Million)
Table 21. Russia: Green Carbon Fiber Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 22. Rest of Europe Green Carbon Fiber Market, by Type – Volume and Forecast to 2028 (Kilo Tons)
Table 23. Rest of Europe Green Carbon Fiber Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 24. Rest of Europe Green Carbon Fiber Market, by Source – Revenue and Forecast to 2028 (US$ Million)
Table 25. Rest of Europe Green Carbon Fiber Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 26. Glossary of Terms, Europe Green Carbon Fibers Market

LIST OF FIGURES

Figure 1. Europe Green Carbon Fiber Market Segmentation
Figure 2. Europe Green Carbon Fiber Market Segmentation – By Country
Figure 3. Europe Green Carbon Fiber Market Overview
Figure 4. Europe Carbon Fiber Market, by Type
Figure 5. Europe Green Carbon Fiber Market , by Country
Figure 6. Porter's Five Forces Analysis
Figure 7. Global Green Carbon Fiber Market Ecosystem
Figure 8. Expert Opinion
Figure 9. Europe Green Carbon Fiber Market Impact Analysis of Drivers and Restraints
Figure 10. Europe Green Carbon Fiber Market Forecast and Analysis, 2020–2028 (US$ Mn)
Figure 11. Europe Green Carbon Fiber Market Revenue Share, By Type (2021 and 2028)
Figure 12. Chopped Recycled Carbon Fiber: Europe Green Carbon Fiber Market – Volume and Forecast To 2028 (Kilo Tons)
Figure 13. Chopped Recycled Carbon Fiber: Europe Green Carbon Fiber Market – Revenue and Forecast To 2028 (US$ Million)
Figure 14. Milled Recycled Carbon Fiber: Europe Green Carbon Fiber Market – Volume and Forecast To 2028 (Kilo Tons)
Figure 15. Milled Recycled Carbon Fiber: Europe Green Carbon Fiber Market – Revenue and Forecast To 2028 (US$ Million)
Figure 16. Europe Green Carbon Fiber Market Revenue Share, By Source (2021 and 2028)
Figure 17. Automotive Scrap: Europe Green Carbon Fiber Market – Revenue and Forecast To 2028 (US$ Million)
Figure 18. Aerospace Scrap: Europe Green Carbon Fiber Market – Revenue and Forecast To 2028 (US$ Million)
Figure 19. Others: Europe Green Carbon Fiber Market – Revenue and Forecast To 2028 (US$ Million)
Figure 20. Europe Green Carbon Fiber Market Revenue Share, By Application (2021 and 2028)
Figure 21. Aerospace: Europe Green Carbon Fiber Market – Revenue and Forecast To 2028 (US$ Million)
Figure 22. Automotive: Europe Green Carbon Fiber Market – Revenue and Forecast To 2028 (US$ Million)
Figure 23. Wind Energy: Europe Green Carbon Fiber Market – Revenue and Forecast To 2028 (US$ Million)
Figure 24. Sporting Goods: Europe Green Carbon Fiber Market – Revenue and Forecast To 2028 (US$ Million)
Figure 25. Others: Europe Green Carbon Fiber Market – Revenue and Forecast To 2028 (US$ Million)
Figure 26. Europe: Green Carbon Fiber Market, by Key Country – Revenue (2021) (US$ Million)
Figure 27. Europe: Green Carbon Fiber Market Revenue Share, by Key Country (2021 and 2028)
Figure 28. Germany: Green Carbon Fiber Market–Volume and Forecast to 2028 (Kilo Tons)
Figure 29. Germany: Green Carbon Fiber Market–Revenue and Forecast to 2028 (US$ Million)
Figure 30. France: Green Carbon Fiber Market–Volume and Forecast to 2028 (Kilo Tons)
Figure 31. France: Green Carbon Fiber Market–Revenue and Forecast to 2028 (US$ Million)
Figure 32. Italy: Green Carbon Fiber Market–Volume and Forecast to 2028 (Kilo Tons)
Figure 33. Italy: Green Carbon Fiber Market–Revenue and Forecast to 2028 (US$ Million)
Figure 34. United Kingdom: Green Carbon Fiber Market–Volume and Forecast to 2028 (Kilo Tons)
Figure 35. United Kingdom: Green Carbon Fiber Market–Revenue and Forecast to 2028 (US$ Million)
Figure 36. Russia: Green Carbon Fiber Market– Volume and Forecast to 2028 (Kilo Tons)
Figure 37. Russia: Green Carbon Fiber Market–Revenue and Forecast to 2028 (US$ Million)
Figure 38. Rest of Europe: Green Carbon Fiber Market – Volume and Forecast to 2028 (Kilo Tons)
Figure 39. Rest of Europe: Green Carbon Fiber Market –Revenue and Forecast to 2028 (US$ Million)


More Publications