In this work, a plasma-assisted solvolysis method is proposed as an alternative method for the oxidative degradation of carbon fiber-reinforced composites (CFRCs). Nitrogen plasma ignition within bubbles in a concentrated nitric acid solution is employed, combining the synergistic effects of traditional nitric acid solvolysis and plasma chemistry. A comprehensive process flowchart, including steps such as composite pretreatment, matrix dissolution, fiber recovery and cleaning, solvent regeneration and reuse, and waste treatment, is also discussed, highlighting their importance in process effectiveness. Moreover, a study on the effect of the composite’s mass on the plasma-enhanced solvolysis process is conducted, and the results are exploited for the calculation of critical parameters such as efficiency, recovery rates, capacity, fibers quality, energy consumption, consumption of raw materials, operational and installation costs, and environmental impact. A preliminary comparison to other recycling methods based on the literature findings is also attempted, and preliminary metrics to assess the sustainability of the recycling process are proposed.