The Global Carbon Fiber Recycling and Reuse Market was valued at USD 140 Million in 2025 and is projected to reach USD 338 Million by 2034, growing at a Compound Annual Growth Rate (CAGR) of 13.7% during the forecast period (2026–2034). This exceptional growth is being driven by stringent environmental regulations, the high cost of virgin carbon fiber, and increasing demand for sustainable materials across key industries like aerospace and automotive.

As industries worldwide pivot towards circular economy models and sustainable manufacturing, the focus intensifies on the pioneering companies developing technologies to reclaim and repurpose high-performance carbon fiber. In this blog, we profile the Top 10 Companies in the Carbon Fiber Recycling and Reuse Industry—a mix of specialized recyclers, composite manufacturers, and technology innovators shaping the future of material sustainability.

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🔟 1. ELG Carbon Fibre Ltd. (Gen 2 Carbon)

Headquarters: Coseley, West Midlands, United Kingdom
Key Offering: Recycled carbon fiber non-woven mats, milled fibers, chopped fibers

ELG Carbon Fibre, now known as Gen 2 Carbon, is a global leader in the commercial recycling of carbon fiber. The company operates the world’s first and largest continuous carbon fiber recycling facility, utilizing a proprietary pyrolysis process to recover carbon fibers from manufacturing scrap and end-of-life components. Their products are used in a wide range of applications, from automotive components to consumer electronics.

Sustainability Initiatives:

• Pioneering large-scale pyrolysis technology for carbon fiber reclamation

• Diverting thousands of tons of carbon fiber waste from landfills annually

• Establishing closed-loop partnerships with major aerospace and automotive OEMs

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9️⃣ 2. Carbon Conversions, Inc.

Headquarters: Lake City, South Carolina, USA
Key Offering: High-performance recycled carbon fiber materials and tailored solutions

Carbon Conversions specializes in reclaiming carbon fiber from aerospace-grade composites, focusing on maintaining the highest possible mechanical properties in the recycled material. The company’s advanced pyrolysis and surface treatment processes enable the production of recycled carbon fiber that meets the stringent requirements of defense and aerospace applications.

Sustainability Initiatives:

• AS9100D and NADCAP accredited for aerospace-quality recycling

• Developing recycled carbon fiber materials for next-generation aircraft interiors

• Strategic partnerships with defense contractors and OEMs

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8️⃣ 3. Vartega Inc.

Headquarters: Golden, Colorado, USA
Key Offering: EasyFeed™ recycled carbon fiber tow, custom recycled fiber solutions

Vartega has developed a patented low-cost recycling process that produces high-quality, low-cost recycled carbon fiber. The company’s technology focuses on recovering continuous carbon fiber tow from manufacturing waste, which can be readily integrated into existing composite manufacturing processes, offering a significant cost advantage over virgin carbon fiber.

Sustainability Initiatives:

• Proprietary chemical recycling process with low energy consumption

• Focus on creating drop-in solutions for thermoplastic composite applications

• Collaborations with OEMs in the automotive and sporting goods sectors

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7️⃣ 4. CFK Valley Stade Recycling GmbH & Co. KG

Headquarters: Stade, Germany
Key Offering: Recycled carbon fiber products for industrial and automotive applications

CFK Valley is a key player in the European carbon fiber recycling market, leveraging Germany’s strong automotive and industrial base. The company operates a commercial-scale recycling plant and offers a range of recycled carbon fiber products, focusing on creating sustainable material solutions for the region’s manufacturing sector.

Sustainability Initiatives:

• Part of the CFK Valley cluster, a leading composites network in Europe

• Developing recycled carbon fiber materials for serial automotive production

• Active participation in EU-funded circular economy research projects

Download FREE Sample Report:
Carbon Fiber Recycling and Reuse Market – View in Detailed Research Report

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6️⃣ 5. Karborek S.p.A.

Headquarters: Rivalta Scrivia, Italy
Key Offering: Recycled carbon fibers, carbon fiber reinforced compounds

Karborek is an Italian company that has developed advanced technologies for recycling carbon fiber composites. The company produces high-quality recycled carbon fibers that are used as reinforcement in thermoplastic compounds, catering to the automotive, electronics, and consumer goods industries across Europe.

Sustainability Initiatives:

• Proprietary recycling process for both thermoset and thermoplastic composites

• Production of high-performance carbon fiber reinforced compounds

• Strong focus on the Italian and European automotive supply chain

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5️⃣ 6. Carbon Fiber Remanufacturing (CFR)

Headquarters: Sacramento, California, USA
Key Offering: Custom recycled carbon fiber materials and reclamation services

Carbon Fiber Remanufacturing specializes in providing tailored carbon fiber recycling services to manufacturers and composites fabricators. The company works closely with clients to develop customized recycling solutions that meet specific performance requirements and sustainability goals, serving diverse markets from aerospace to marine industries.

Sustainability Initiatives:

• Custom reclamation services for manufacturing scrap and end-of-life parts

• Development of application-specific recycled carbon fiber materials

• Partnerships with composite manufacturers to close material loops

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4️⃣ 7. Hadeg Recycling GmbH

Headquarters: Haan, Germany
Key Offering: Carbon fiber recycling services and recycled fiber products

Hadeg Recycling is a German company with expertise in processing carbon fiber reinforced plastics (CFRP) waste. The company utilizes advanced mechanical and thermal processes to recover carbon fibers, serving the European market with a focus on creating sustainable material solutions for various industrial applications.

Sustainability Initiatives:

• Advanced mechanical recycling processes for carbon fiber composites

• Production of high-purity recycled carbon fibers for demanding applications

• Collaboration with research institutions to advance recycling technologies

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3️⃣ 8. Shocker Composites LLC

Headquarters: Wichita, Kansas, USA
Key Offering: Recycled carbon fiber materials for aerospace and defense

Shocker Composites focuses on developing recycled carbon fiber materials specifically for the aerospace and defense sectors. Located in the heart of the American aerospace industry, the company leverages its proximity to major aerospace manufacturers to create tailored recycling solutions for high-performance applications.

Sustainability Initiatives:

• Specialization in aerospace-grade recycled carbon fiber materials

• Development of recycled carbon fiber products for aircraft interiors

• Strategic location serving the Wichita aerospace cluster

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2️⃣ 9. Carbon Fiber Recycle Industry Co., Ltd. (CFRI)

Headquarters: Nagoya, Japan
Key Offering: Recycled carbon fiber products for Asian markets

CFRI is a leading carbon fiber recycling company in Japan, serving the country’s robust automotive and electronics industries. The company has developed proprietary technologies for recovering carbon fibers from manufacturing waste and end-of-life products, with a strong focus on the Asian market.

Sustainability Initiatives:

• Development of recycling technologies tailored to Japanese manufacturing

• Focus on creating recycled carbon fiber solutions for automotive lightweighting

• Partnerships with Japanese automotive and electronics manufacturers

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1️⃣ 10. Procotex Corporation SA

Headquarters: Harelbeke, Belgium
Key Offering: Recycled carbon fiber nonwovens and technical textiles

Procotex specializes in converting recycled carbon fibers into nonwoven mats and technical textiles. The company leverages its expertise in fiber processing to create innovative recycled carbon fiber products for various applications, including composite reinforcement, thermal insulation, and friction materials.

Sustainability Initiatives:

• Conversion of recycled carbon fibers into value-added nonwoven products

• Development of recycled carbon fiber textiles for diverse industrial applications

• Focus on creating circular solutions for carbon fiber waste streams

Get Full Report Here: Carbon Fiber Recycling and Reuse Market – View in Detailed Research Report

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🌍 Outlook: The Future of Carbon Fiber Is Circular and Sustainable

The carbon fiber recycling and reuse market is undergoing a fundamental transformation. While virgin carbon fiber still dominates high-performance applications, the industry is investing significantly in advanced recycling technologies, circular business models, and sustainable material solutions.

📈 Key Trends Shaping the Market:

• Rapid expansion of pyrolysis and solvolysis recycling capacities in Europe and North America

• Regulatory push for extended producer responsibility and circular economy mandates

• Development of high-value applications for recycled carbon fiber in automotive and aerospace

• Strategic partnerships between recyclers, OEMs, and material suppliers to create closed-loop systems

Get Full Report Here: Carbon Fiber Recycling and Reuse Market – View in Detailed Research Report

The companies listed above are not only processing carbon fiber waste—they’re building the foundation for a sustainable materials economy that values performance, economy, and environmental responsibility equally.

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