The global carbon fiber market was valued at approximately USD 5.75 billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 10.9% from 2025 to 2030. This significant growth can primarily be attributed to the increasing demand for carbon fiber in the wind energy sector, which is being driven by the worldwide transition towards renewable energy sources. As nations...

The recycled carbon fiber market is growing rapidly due to its benefits and increasing demand in industries like aerospace, automotive, and sporting goods. Traditional carbon fiber production is complex and energy-intensive, leading to high costs and environmental issues. Recycled carbon fiber addresses these challenges by repurposing waste, resulting in lower production costs, reduced energy...