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Fiber-Reinforced Plastic (FRP) Recycling Trends and Forecast
The future of the global fiber-reinforced plastic (FRP) recycling market looks promising with opportunities in the industrial, transportation, building & construction, and sport markets. The global fiber-reinforced plastic (FRP) recycling market is expected to reach an estimated $789.9 billion by 2030 with a CAGR of 7.8% from 2024 to 2030. The major drivers for this market are growing environmental awareness and the enforcement of strict laws, increasing emphasis on resource conservation and waste reduction, as well as, implementation of stringent regulations on composite disposal.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Fiber-Reinforced Plastic (FRP) Recycling by Segment
The study includes a forecast for the global fiber-reinforced plastic (FRP) recycling by product type, recycling technique, end use, and region.
Fiber-Reinforced Plastic (FRP) Recycling Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
• Glass Fiber-Reinforced Plastic
• Carbon Fiber-Reinforced Plastic
Fiber-Reinforced Plastic (FRP) Recycling Market by Recycling Technique [Shipment Analysis by Value from 2018 to 2030]:
• Thermal/Chemical Recycling
• Incineration & Co-Incineration
• Mechanical Recycling
Fiber-Reinforced Plastic (FRP) Recycling Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Industrial
• Transportation
• Building & Construction
• Sport
• Others
Fiber-Reinforced Plastic (FRP) Recycling Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Fiber-Reinforced Plastic (FRP) Recycling Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies fiber-reinforced plastic (FRP) recycling companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the fiber-reinforced plastic (FRP) recycling companies profiled in this report include-
• Aeron Composite
• Carbon Conversions
• Carbon Fiber Recycle Industry
• Carbon Fiber Recycling
• Conenor
• Eco-Wolf
• Gen 2 Carbon
• Global Fiberglass Solutions
• Karborek Recycling Carbon Fibers
• MCR (Mixt Composites Recyclables)
Fiber-Reinforced Plastic (FRP) Recycling Market Insights
Lucintel forecasts that glass fiber-reinforced plastic will remain the larger segment over the forecast period due to stringent regulatory regulations governing the disposal of waste and the growth of recycled GFRPÄX%$%Xs final applications.
Europe will remain the largest region over the forecast period due to increasing product demand from major countries, including UK, Italy, and Germany, as well as, recycled FRPs are used in the construction, aerospace, and wind power industries in the region.
Features of the Global Fiber-Reinforced Plastic (FRP) Recycling Market
Market Size Estimates: Fiber-reinforced plastic (FRP) recycling market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Fiber-reinforced plastic (FRP) recycling market size by product type, recycling technique, end use, and region in terms of value ($B).
Regional Analysis: Fiber-reinforced plastic (FRP) recycling market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product type, recycling technique, end use, and regions for the fiber-reinforced plastic (FRP) recycling market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the fiber-reinforced plastic (FRP) recycling market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the fiber-reinforced plastic (FRP) recycling market size?
Answer: The global fiber-reinforced plastic (FRP) recycling market is expected to reach an estimated $789.9 billion by 2030.
Q2. What is the growth forecast for fiber-reinforced plastic (FRP) recycling market?
Answer: The global fiber-reinforced plastic (FRP) recycling market is expected to grow with a CAGR of 7.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the fiber-reinforced plastic (FRP) recycling market?
Answer: The major drivers for this market are growing environmental awareness and the enforcement of strict laws, increasing emphasis on resource conservation and waste reduction, as well as, implementation of stringent regulations on composite disposal.
Q4. What are the major segments for fiber-reinforced plastic (FRP) recycling market?
Answer: The future of the global fiber-reinforced plastic (FRP) recycling market looks promising with opportunities in the industrial, transportation, building & construction, and sport markets.
Q5. Who are the key fiber-reinforced plastic (FRP) recycling market companies?
Answer: Some of the key fiber-reinforced plastic (FRP) recycling companies are as follows:
• Aeron Composite
• Carbon Conversions
• Carbon Fiber Recycle Industry
• Carbon Fiber Recycling
• Conenor
• Eco-Wolf
• Gen 2 Carbon
• Global Fiberglass Solutions
• Karborek Recycling Carbon Fibers
• MCR (Mixt Composites Recyclables)
Q6. Which fiber-reinforced plastic (FRP) recycling market segment will be the largest in future?
Answer: Lucintel forecasts that glass fiber-reinforced plastic will remain the larger segment over the forecast period due to stringent regulatory regulations governing the disposal of waste and the growth of recycled GFRPÄX%$%Xs final applications.
Q7. In fiber-reinforced plastic (FRP) recycling market, which region is expected to be the largest in next 5 years?
Answer: Europe will remain the largest region over the forecast period due to increasing product demand from major countries, including UK, Italy, and Germany, as well as, recycled FRPs are used in the construction, aerospace, and wind power industries in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the fiber-reinforced plastic (FRP) recycling market by product type (glass fiber-reinforced plastic and carbon fiber-reinforced plastic), recycling technique (thermal/chemical recycling, incineration & co-incineration, and mechanical recycling), end use (industrial, transportation, building & construction, sport, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Fiber-Reinforced Plastic (Frp) Recycling Market, Fiber-Reinforced Plastic (Frp) Recycling Market Size, Fiber-Reinforced Plastic (Frp) Recycling Market Growth, Fiber-Reinforced Plastic (Frp) Recycling Market Analysis, Fiber-Reinforced Plastic (Frp) Recycling Market Report, Fiber-Reinforced Plastic (Frp) Recycling Market Share, Fiber-Reinforced Plastic (Frp) Recycling Market Trends, Fiber-Reinforced Plastic (Frp) Recycling Market Forecast, Fiber-Reinforced Plastic (Frp) Recycling Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Fiber-Reinforced Plastic (FRP) Recycling Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Fiber-Reinforced Plastic (FRP) Recycling Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Fiber-Reinforced Plastic (FRP) Recycling Market by Product Type
3.3.1: Glass Fiber-Reinforced Plastic
3.3.2: Carbon Fiber-Reinforced Plastic
3.4: Global Fiber-Reinforced Plastic (FRP) Recycling Market by Recycling Technique
3.4.1: Thermal/Chemical Recycling
3.4.2: Incineration & Co-Incineration
3.4.3: Mechanical Recycling
3.5: Global Fiber-Reinforced Plastic (FRP) Recycling Market by End Use
3.5.1: Industrial
3.5.2: Transportation
3.5.3: Building & Construction
3.5.4: Sport
3.5.5: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Fiber-Reinforced Plastic (FRP) Recycling Market by Region
4.2: North American Fiber-Reinforced Plastic (FRP) Recycling Market
4.2.2: North American Fiber-Reinforced Plastic (FRP) Recycling Market by End Use: Industrial, Transportation, Building & Construction, Sport, and Others
4.3: European Fiber-Reinforced Plastic (FRP) Recycling Market
4.3.1: European Fiber-Reinforced Plastic (FRP) Recycling Market by Product Type: Glass Fiber-Reinforced Plastic and Carbon Fiber-Reinforced Plastic
4.3.2: European Fiber-Reinforced Plastic (FRP) Recycling Market by End Use: Industrial, Transportation, Building & Construction, Sport, and Others
4.4: APAC Fiber-Reinforced Plastic (FRP) Recycling Market
4.4.1: APAC Fiber-Reinforced Plastic (FRP) Recycling Market by Product Type: Glass Fiber-Reinforced Plastic and Carbon Fiber-Reinforced Plastic
4.4.2: APAC Fiber-Reinforced Plastic (FRP) Recycling Market by End Use: Industrial, Transportation, Building & Construction, Sport, and Others
4.5: ROW Fiber-Reinforced Plastic (FRP) Recycling Market
4.5.1: ROW Fiber-Reinforced Plastic (FRP) Recycling Market by Product Type: Glass Fiber-Reinforced Plastic and Carbon Fiber-Reinforced Plastic
4.5.2: ROW Fiber-Reinforced Plastic (FRP) Recycling Market by End Use: Industrial, Transportation, Building & Construction, Sport, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Fiber-Reinforced Plastic (FRP) Recycling Market by Product Type
6.1.2: Growth Opportunities for the Global Fiber-Reinforced Plastic (FRP) Recycling Market by Recycling Technique
6.1.3: Growth Opportunities for the Global Fiber-Reinforced Plastic (FRP) Recycling Market by End Use
6.1.4: Growth Opportunities for the Global Fiber-Reinforced Plastic (FRP) Recycling Market by Region
6.2: Emerging Trends in the Global Fiber-Reinforced Plastic (FRP) Recycling Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Fiber-Reinforced Plastic (FRP) Recycling Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Fiber-Reinforced Plastic (FRP) Recycling Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Aeron Composite
7.2: Carbon Conversions
7.3: Carbon Fiber Recycle Industry
7.4: Carbon Fiber Recycling
7.5: Conenor
7.6: Eco-Wolf
7.7: Gen 2 Carbon
7.8: Global Fiberglass Solutions
7.9: Karborek Recycling Carbon Fibers
7.10: MCR (Mixt Composites Recyclables)
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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