The recycled carbon fiber market is experiencing significant advancements, driven by sustainability initiatives and technological innovations. Here are some notable recent developments and product launches:

Innovative Recycling Technologies

• Asahi Kasei’s Closed-Loop Recycling: Asahi Kasei, in collaboration with academic institutions, has developed a method to extract continuous carbon fibers from carbon fiber reinforced plastics (CFRP) and thermoplastics (CFRTP) used in automobiles. This electrolyzed sulfuric acid solution method retains the original strength of the fibers, enabling their reuse in high-performance applications.
• University of South Wales’ Enhanced Recycling Process: Researchers at the University of South Wales have introduced a recycling technique that avoids shredding, preserving fiber integrity and resulting in stronger recycled carbon fibers compared to existing methods.

According to Stratview Research, the recycled carbon fiber market was estimated at USD 104 million in 2022 and is likely to grow at a CAGR of 18.1% during 2023–2028 to reach USD 295.4 million in 2028.

Product Launches and Commercialization

• Teijin’s Tenax Next Brand: Teijin Carbon has launched the “Tenax Next” brand, focusing on circular carbon fiber solutions. Collaborating with Dallara and Tenowo, they produced a Formula 2 race seat using recycled carbon fiber, achieving a 97.5% reduction in CO₂ emissions compared to traditional methods.
• UBE Corporation’s Composite Products: UBE has developed new composite materials by integrating recycled carbon fiber into various nylons, enhancing functionality for automotive and sports applications. These products aim to reduce greenhouse gas emissions and promote environmental sustainability.
• Thermolysis’ Fully Recyclable Products: At JEC World 2024, Thermolysis introduced fully recyclable products utilizing recycled carbon fiber, aligning with the industry’s move towards a circular economy.

Market Expansion and Industrial Scaling

• Apply Carbon’s Automated Production Plant: Apply Carbon commissioned the world’s first fully automated mass production plant for recycled carbon fiber, capable of producing nearly 4,000 metric tons annually. The facility emphasizes sustainability, with over half of its energy needs met by solar power.
• Nova Carbon’s Commercialization Efforts: French startup Nova Carbon secured €1.4 million in funding to scale up its pilot production line, aiming to produce semi-finished recycled carbon fiber products within 18 months. This initiative supports the development of a circular economy in the carbon fiber industry.

These developments underscore the industry’s commitment to sustainability and innovation, positioning recycled carbon fiber as a viable and eco-friendly alternative in various high-performance applications.