A Detailed Analysis of the Fiber-reinforced Plastic FRP Recycling Market
From Reducing Waste to Conserving Resources, Explore with FMI How Fiber-reinforced Plastic (FRP) Recycling is creating Lucrative Prospects for Vendors across the Globe!
Fiber-reinforced Plastic (FRP) Recycling Market Outlook (2023 to 2033)
The global fiber-reinforced plastic (FRP) recycling market value is predicted to reach US$ 482.0 million in 2023 and US$ 1.0 billion by 2033. The market is set to witness a robust growth trajectory, with global fiber-reinforced plastic recycling demand likely to rise at 8.0% CAGR.
The global fiber-reinforced plastic (FRP) recycling sales revenue totaled US$ 442.2 million at the end of 2022. For the assessment period, the target market is anticipated to create an absolute $ growth of US$ 557.0 million.
Glass-fiber reinforced plastic (GFRP) segment is expected to hold a prominent share of the market during the assessment period. This is attributable to rising GFRP waste due to extensive usage of GFRPs across several sectors.
According to Future Market Insights (FMI), glass-fiber reinforced plastic segment is projected to expand at 7.9% CAGR through 2033.
Key Market Shaping Factors:
Growing demand from end-use sectors such as building & construction, transportation, and industrial is driving the global FRP recycling market
Increasing usage of fiber-reinforced plastics and the consequent rise in FRP waste are expected to uplift fiber-reinforced plastic (FRP) recycling demand
Escalating popularity of recycled fiber-reinforced plastic materials across a wide range of sectors is set to boost global fiber-reinforced plastic (FRP) recycling sales revenues
Implementation of stringent regulations on composite disposal is likely to create growth opportunities for fiber-reinforced plastic (FRP) companies
Development of new fiber-reinforced plastic recycling technologies might foster market growth through 2033
Growing environmental and sustainability concerns due to increasing FRP waste is anticipated to create a high demand for fiber-reinforced plastic recycling through 2033
Rising awareness about the potential environmental and economic benefits of FRP recycling is likely to improve global fiber-reinforced plastic (FRP) recycling market share
Evolving waste management practices to create new growth avenues for the target market
Over the years, usage of fiber-reinforced plastics has increased sharply and the trend is likely to continue during the assessment period. This is due to the attractive features of FRPs including their high strength, lightweight, temperature resistance, and corrosion resistance.
However, the rising adoption of these strong materials is creating an increasing amount of FRP waste. This in turn is putting fiber-reinforced plastic (FRP) recycling techniques and technologies into limelight.
Fiber-reinforced plastic recycling is the process of recovering and reusing materials from composite structures such as FRPs. It involves breaking down the composite structure, separating fibers from the polymer matrix, and then processing them for reuse in novel products.
Multiple recycling techniques are being used by end users for recycling FRPs. These include thermal/chemical recycling, mechanical recycling, and incineration & co-incineration.
Adoption of FRP recycling not only aids to reduce waste & conserve resources but also contributes to more sustainable manufacturing practices and a circular economy.
Rising awareness about environmental issues and growing need for reducing plastic waste are prompting companies to use recycled FRP materials. Usage of these materials can help divert FRP waste from landfills, thereby reducing their negative impact on the environment.
Increasing usage of recycled FRP materials coupled with rising adoption of multiple fiber-reinforced plastic recycling techniques is expected to boost the target market.
Enforcement of new regulations and laws for waste management is acting as a catalyst triggering growth in the global fiber-reinforced plastic (FRP) recycling industry.
Amid rising environmental concerns, several countries are implementing stricter laws and regulations for plastic waste management and disposal. The new regulations encourage end-use sectors to adopt recycling practices, including FRP recycling.
Countries are also focusing on improving recycling rates to address plastic pollution issues. For instance, the National Recycling Strategy was published by the Environmental Protection Agency (EPA) in November 2021 to improve the United States recycling rate to 50% by 2030.
Similarly, shifting consumer preferences towards sustainable and environmentally friendly products is prompting sectors such as construction to adopt recycling practices. By incorporating recycled FRPs into new products, they can appeal to environmentally conscious consumers and enhance their eco-friendliness.
Increasing usage of FRP recycling in sports & leisure sector is anticipated to further boost the target market through 2033.
Sports equipment manufacturers employ FRP recycling in the production of sports equipment such as hockey sticks, tennis rackets, etc. They collect used or damaged FRP components and recycle them to create new sports equipment and accessories.
Recycled FRP materials are also being used in structures like seating, swimming pools, and bleachers in certain sports and leisure facilities.
Attributes
Key Insights
Estimated Global Fiber-reinforced Plastic (FRP) Recycling Market Size (2023)
US$ 482.0 million
Projected Market Value (2033)
US$ 1.0 billion
Value-based CAGR (2023 to 2033)
8.0%
United States Market CAGR (2023 to 2033)
7.9%
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
Historical Performance of Fiber-reinforced Plastic (FRP) Recycling Sales
The global fiber-reinforced plastic (FRP) recycling market exhibited a CAGR of 9.5% CAGR during 2018 to 2022. In 2022, total FRP recycling market size reached US$ 442.2 million.
The global demand for fiber-reinforced plastic (FRP) recycling is projected to rise at 8.0% CAGR through 2033. It is anticipated to generate an absolute $ growth of US$ 557.0 million during the forecast period.
Growing adoption of FRP recycling across sectors such as industrial, building & construction, and transportation is a prominent factor driving the target market forward. Rising awareness about the environmental & economic benefits of FRP recycling coupled with increasing usage of recycled PRP materials is expected to boost the market during the assessment period.
The importance of fiber-reinforced plastic recycling has been rising dramatically during the last few years due to growing environmental concerns. Governments, consumers, and businesses are all concentrating on reducing the environmental impact of plastic by promoting recycling and the use of recycled materials. This, in turn, is creating growth prospects for fiber-reinforced plastic recycling companies.
Recycling fiber-reinforced plastics helps companies in reducing plastic waste and improving their cost savings and resource efficiency. By reusing the fibers and resins, FRP recycling can reduce the need for virgin materials and help to conserve valuable resources.
Continuous advancements in recycling technologies are making it feasible to recycle complex structures such as FRPs. Recycling techniques such as chemical recycling and pyrolysis are being developed and refined to efficiently and cost-effectively process and recover materials from FRPs.
Increasing circular economy initiatives is another key trend impacting fiber-reinforced plastic (FRP) recycling demand. This is because recycling fiber-reinforced plastics aligns with circular economy principles by extending the lifespan of FRP materials as well as reducing the need for disposal.
Comparative View of Adjacent FRP Recycling Markets
This section shows a comparative analysis of the FRP recycling market alongside the GFPR composites market and the recycled carbon fiber market. Currently, the demand for fiber-reinforced plastic recycling technologies is relatively lower, with an estimated CAGR of 8% by 2033. However, the growth prospects are positive, and the fiber-reinforced plastic recycling market size is likely to rise by the end of the decade.
Fiber-reinforced Plastic (FRP) Recycling Market:
Attributes
Fiber-reinforced Plastic (FRP) Recycling Market
CAGR (2023 to 2033)
8%
Market Value (2023)
US$ 482.0 million
Growth Factor
Sustainability and environment-consciousness to upkeep steady demand.
Key Trend
Demand for FRP recycling processes rises to reduce solid waste.
Growing demand for materials with high strength, flexibility, and durability is expected to bolster glass fiber-reinforced plastic composite sales.
Key Trend
Booming automotive and construction sectors, along with rising demand for lightweight vehicles, are likely to boost the target market through 2033.
Recycled Carbon Fiber Market:
Attributes
Recycled Carbon Fiber Market
CAGR (2023 to 2033)
12.3%
Market Value (2023)
~US$ 61.6 million
Growth Factor
Rising usage of recycled carbon fiber across several sectors, including automotive, industrial, and consumer goods, is driving the target market forward.
Key Trend
Implementation of stringent environmental regulations coupled with rising awareness about the benefits of using recycled materials is expected to elevate recycled carbon fiber demand.
Find your sweet spots for generating winning opportunities in this market.
Country-wise Insights
Interesting progression is expected for the fiber-reinforced plastic recycling companies. Several opportunities open up in different countries. However, the United States and China are considered to be highly opportunistic countries in the FRP recycling market. The United States FRP recycling market registered a CAGR of 9.4%, while that of China registered 9.3% during 2018 and 2022.
Based on the valuation, China is likely to upkeep its dominance with US$ 188.8 million by 2033.
The table below shows the country-wise market valuation for 2033, wherein the fiber-reinforced plastic recycling market in China sees a bright prospect.
The forecast period shows a twist in the tale, with the market in the United States catching up to match the pace of the market in China.
Country
United States
Historical CAGR (2018 to 2022)
9.4%
Market Value (2033)
US$ 174.4 million
Projected CAGR (2023 to 2033)
7.9%
Country
United Kingdom
Historical CAGR (2018 to 2022)
9.1%
Market Value (2033)
US$ 36.8 million
Projected CAGR (2023 to 2033)
7.9%
Country
China
Historical CAGR (2018 to 2022)
9.3%
Market Value (2033)
US$ 188.8 million
Projected CAGR (2023 to 2033)
7.9%
Country
Japan
Historical CAGR (2018 to 2022)
9.2%
Market Value (2033)
US$ 150.0 million
Projected CAGR (2023 to 2033)
7.8%
Country
South Korea
Historical CAGR (2018 to 2022)
8.7%
Market Value (2033)
US$ 53.9 million
Projected CAGR (2023 to 2033)
7.9%
Rising Usage of Recycled FRPs in Construction Sector Fueling Demand in the United States
The United States fiber-reinforced plastic (FRP) recycling market value is predicted to reach US$ 174.4 million by 2033. It is forecast to create an absolute $ growth of US$ 93.2 million over the projection period.
Overall demand for fiber-reinforced plastic recycling in the United States is set to rise at 7.9% CAGR through 2033. Historically, the United States fiber-reinforced plastic (FRP) recycling industry witnessed a CAGR of 9.4%.
Growth in the market is driven by the increasing usage of recycled fiber-reinforced plastic in the thriving building & construction sector and implementation of stringent regulations on composite disposal.
The United States building & construction sector is witnessing robust growth due to increasing spending. As per the United States Census Bureau, construction spending totaled around US$ 1,938.4 billion in the United States in June 2023.
Expansion of the building and construction sector is creating a high demand for both new FRPs and recycled FPRs, as well as encouraging adoption of FRP recycling techniques. This is expected to boost the target market during the assessment period.
Fiber-reinforced plastic recycling is helping the building & construction sector to reduce waste, promote usage of recycled materials, and address sustainability concerns. Leading construction companies in the United States are widely using FRP recycling to recover fibers and materials. These recycled FRP materials are then used for making new construction products such as panels, reinforcing bars, beams, facades, etc.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need and save 40%!
Growing Focus on Reducing Solid Waste Pushing Market Expansion in China
China is anticipated to emerge as a highly lucrative market for fiber-reinforced plastic recycling companies during the assessment period. This is attributable to the rising focus on reducing solid waste and the growing adoption of recycled FRP materials in the industrial and transportation sectors.
China fiber-reinforced plastic (FRP) recycling market is projected to reach a valuation of US$ 188.8 million by the end of 2033. Over the assessment period, FRP recycling demand in China is expected to increase at 7.9% CAGR.
High cost of new FRPs and growing environmental concerns are promoting sectors such as industrial, building & construction, and transportation to use recycled materials. As a result, the popularity of recycled fiber-recycled plastic materials is growing rapidly in China.
In the building and construction sector, recycled FRP fibers are being used to reinforce concrete and other building materials. Recycled FRP material can also be used in 3D printing processes to create intricate & customized parts.
Similarly, China-based auto companies are showing an inclination towards using recycled FRP materials for manufacturing automotive components such as interior panels. High adoption of recycled FRP materials in these applications is expected to create a high demand for fiber-reinforced plastic recycling across China.
Another key factor expected to uplift fiber-reinforced plastic (FRP) recycling demand in China is the enforcement of new regulations. Over the years, agencies such as the China Ministry of Ecology and Environment have introduced several regulations, standards, and laws to reduce waste. Consequently, new amendments are being made to curb solid waste.
For instance, an amendment to China’s solid waste statute was approved by the Standing Committee of the National People’s Congress in April 2020. These regulations, laws, and amendments are creating a conducive environment for the expansion of the FRP recycling market in China.
Category-wise Insights
The analysis shows high reliance of end users on glass fiber recycling process over carbon fiber recycling. During the historical period, glass fiber recycling registered a 9.4% CAGR.
Top Segment (Product)
Glass-Fiber Reinforced
Historical CAGR (2018 to 2022)
9.4%
Projected CAGR (2023 to 2033)
7.9%
Concerns regarding the degraded quality of recycled fibers are likely to limit adoption. This aspect is likely to limit the pace of the market during the forecast period.
Top Segment (Product)
Thermal/Chemical Recycling
Historical CAGR (2018 to 2022)
9.2%
Projected CAGR (2023 to 2033)
7.7%
Glass-fiber Reinforced Plastic Segment to Create Lucrative Revenues for the Market
Based on product, the global fiber-reinforced plastic recycling industry is categorized into carbon fiber reinforced plastic and glass-fiber-reinforced plastic. Among these, glass fiber reinforced plastic segment is expected to generate significant revenues in the market.
Rise in glass-fiber reinforced plastic waste due to increasing usage of glass-fiber reinforced plastic (GFRP) across multiple sectors is driving the growth of the target segment.
Glass-fiber reinforced plastic segment is predicted to expand at 7.9% CAGR through 2033, in comparison to 9.4% CAGR registered during the historical period. In recent years, there has been a rise in usage of glass-fiber reinforced plastic (GFRP) or fiberglass-reinforced plastic across several sectors. This is due to its high strength-to-weight ratio, lightweight, versatility, and corrosion resistance.
Owing to high usage of GFRPs in sectors such as marine, construction, aerospace, and transportation, glass-fiber reinforced plastic waste is increasing rapidly. This, along with implementation of stringent regulations regarding waste disposal, is creating a high demand for fiber-reinforced plastic recycling.
Companies are using multiple recycling technologies to recycle glass-fiber reinforced plastic. The adoption of FRP helps them to significantly reduce waste, comply with stringent regulations, and create new products from recycled materials.
Thermal/Chemical Recycling Remains the Highly Preferred FRP Recycling Technique
Based on recycling technique, the global market is categorized into thermal/chemical recycling, incineration & co-incineration, and mechanical recycling. Among these, thermal/chemical recycling remains the popular technique for recycling FRPs.
The target segment expanded at a CAGR of 9.2% during the historical period. Over the assessment period, thermal/chemical recycling segment is poised to exhibit a CAGR of 7.7%.
Thermal/chemical recycling has become an ideal means of managing fiber-reinforced plastics that are difficult to recycle through traditional methods. Adoption of thermal and chemical recycling methods allows users to reduce the environmental impact and promote a more sustainable approach to managing FRPs.
Thermal recycling, also referred to as pyrolysis, involves the decomposition of FRPs through high temperatures in absence of oxygen. This recycling method breaks down complex polymers into simpler molecules, which can then be used for making new products.
Chemical recycling, on the other hand, involves the use of chemical processes to break down FRP waste into its constituent compounds. This recycling type can produce higher-quality materials than other methods. Growing usage of thermal and chemical methods for recycling FPRs is expected to help the target segment retain its dominance in the market during the forecast period.
Fiber-reinforced Plastic Recycling remains a Fiercely Competitive Landscape
Leading fiber-reinforced plastic recycling companies listed in the report include Carbon Conversions, Toray Industries Inc., Eco-Wolf Inc., Gen 2 Carbon Limited, Aeron Composite Pvt. Ltd, Procotex, Carbon Fiber Recycle Industry Co. Ltd, Ucomposites A/S, Carbon Fiber Recycling, Conenor Ltd, Karborek Recycling Carbon Fibers, Global Fiberglass Solutions, MCR (Mixt Composites Recyclables), neocomp GmbH, Mitsubishi Chemical Advanced Materials GmbH, and Vartega Inc.
These players are launching new fiber-reinforced plastic recycling technologies, programs, and facilities to stay ahead of the competition. They are also showing a keen inclination towards employing strategies. These include acquisitions, alliances, partnerships, mergers, and agreements to increase sales and strengthen their global footprint.
Recent Developments in the Fiber-reinforced Plastic Recycling Market
In June 2023, a recycling process for glass fiber-reinforced PPS (polyphenylene sulfide) resin waste from injection molding processes was established by Toray Resins Europe GmbH. The company created this process by using proprietary compounding technology.
In May 2021, a new carbon fiber recycling program for 3D filament was launched by Vartega Inc. and Braskem.
In December 2021, Procotex Corps’ subsidiary Apply Carbon expanded its presence by investing in a new manufacturing facility for recycled carbon fiber.
In January 2020, Toray Industries, Inc. completed the acquisition of Alva Sweden AB to strengthen its presence.
In December 2022, the basic technology for recycling continuous carbon fiber was developed by Asahi Kasei in collaboration with the National Institute of Technology, Tokyo University of Science, and Kitakyushu College.
In 2023, Carbon Conversions, Inc. and C12 Technology partnered to innovate a new groundbreaking technology and material for developing the world’s first environmentally friendly rotational molded carbon fiber products.
Scope of the Report
Attribute
Details
Estimated Market Value (2023)
US$ 482.0 million
Projected Market Value (2033)
US$ 1.0 billion
Anticipated Growth Rate (2023 to 2033)
8.0% CAGR
Historical Data
2018 to 2022
Forecast Period
2023 to 2033
Quantitative Units
Revenue in US$ Million/Billion and CAGR from 2023 to 2033
Report Coverage
Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis
Segments Covered
Product, Recycling Technique, End Use, and Region
Regions Covered
North America, Latin America, Western Europe, Eastern Europe, South Asia and Pacific, East Asia, and the Middle East & Africa
Key Countries Covered
United States, Canada, Brazil, Mexico, Germany, United Kingdom, France, Italy, Spain, Nordic, Russia, Poland, China, India, Thailand, Indonesia, Australia and New Zealand, Japan, GCC countries, North Africa, South Africa, and others.
The global industry was valued at US$ 442.2 million in 2022.
What is the estimated value of the global market in 2023?
The global market value is expected to reach US$ 482.0 million in 2023.
What is the projected valuation for the global industry in 2033?
The worldwide industry is predicted to reach US$ 1.0 billion by 2033.
What value CAGR did the market exhibit from 2018 to 2022?
The global market exhibited a CAGR of 9.5% from 2018 to 2022.
At what rate will global demand increase through 2033?
Global demand is expected to rise at 8.0% CAGR through 2033.
Which product segment will witness higher growth?
Glass fiber-reinforced plastic segment is expected to thrive at 7.9% CAGR through 2033.
Which is the highly lucrative market for manufacturers?
Thriving at 7.9% CAGR, China is likely to remain a highly lucrative market.
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (Tons) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Product, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Product, 2023 to 2033
5.3.1. Glass-Fiber Reinforced Plastic
5.3.2. Carbon-Fiber Reinforced Plastic
5.4. Y-o-Y Growth Trend Analysis By Product, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Product, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Recycling Technique
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Recycling Technique, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Recycling Technique, 2023 to 2033
6.3.1. Thermal/Chemical Recycling
6.3.2. Incineration & Co-Incineration
6.3.3. Mechanical Recycling
6.4. Y-o-Y Growth Trend Analysis By Recycling Technique, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Recycling Technique, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End Use
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By End Use, 2018 to 2022
7.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By End Use, 2023 to 2033
7.3.1. Industrial
7.3.2. Transportation
7.3.3. Building & Construction
7.3.4. Sports & Leisure
7.4. Y-o-Y Growth Trend Analysis By End Use, 2018 to 2022
7.5. Absolute $ Opportunity Analysis By End Use, 2023 to 2033
8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
8.1. Introduction
8.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Region, 2018 to 2022
8.3. Current Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Region, 2023 to 2033
8.3.1. North America
8.3.2. Latin America
8.3.3. Western Europe
8.3.4. Eastern Europe
8.3.5. South Asia and Pacific
8.3.6. East Asia
8.3.7. Middle East and Africa
8.4. Market Attractiveness Analysis By Region
9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
9.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
9.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
9.2.1. By Country
9.2.1.1. United States
9.2.1.2. Canada
9.2.2. By Product
9.2.3. By Recycling Technique
9.2.4. By End Use
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Product
9.3.3. By Recycling Technique
9.3.4. By End Use
9.4. Key Takeaways
10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
10.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Country
10.2.1.1. Brazil
10.2.1.2. Mexico
10.2.1.3. Rest of Latin America
10.2.2. By Product
10.2.3. By Recycling Technique
10.2.4. By End Use
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Product
10.3.3. By Recycling Technique
10.3.4. By End Use
10.4. Key Takeaways
11. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
11.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Country
11.2.1.1. Germany
11.2.1.2. United Kingdom
11.2.1.3. France
11.2.1.4. Spain
11.2.1.5. Italy
11.2.1.6. Rest of Western Europe
11.2.2. By Product
11.2.3. By Recycling Technique
11.2.4. By End Use
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Product
11.3.3. By Recycling Technique
11.3.4. By End Use
11.4. Key Takeaways
12. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. Poland
12.2.1.2. Russia
12.2.1.3. Czech Republic
12.2.1.4. Romania
12.2.1.5. Rest of Eastern Europe
12.2.2. By Product
12.2.3. By Recycling Technique
12.2.4. By End Use
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Product
12.3.3. By Recycling Technique
12.3.4. By End Use
12.4. Key Takeaways
13. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
13.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
13.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
13.2.1. By Country
13.2.1.1. India
13.2.1.2. Bangladesh
13.2.1.3. Australia
13.2.1.4. New Zealand
13.2.1.5. Rest of South Asia and Pacific
13.2.2. By Product
13.2.3. By Recycling Technique
13.2.4. By End Use
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Product
13.3.3. By Recycling Technique
13.3.4. By End Use
13.4. Key Takeaways
14. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
14.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
14.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
14.2.1. By Country
14.2.1.1. China
14.2.1.2. Japan
14.2.1.3. South Korea
14.2.2. By Product
14.2.3. By Recycling Technique
14.2.4. By End Use
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Product
14.3.3. By Recycling Technique
14.3.4. By End Use
14.4. Key Takeaways
15. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
15.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
15.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
15.2.1. By Country
15.2.1.1. GCC Countries
15.2.1.2. South Africa
15.2.1.3. Israel
15.2.1.4. Rest of Middle East & Africa
15.2.2. By Product
15.2.3. By Recycling Technique
15.2.4. By End Use
15.3. Market Attractiveness Analysis
15.3.1. By Country
15.3.2. By Product
15.3.3. By Recycling Technique
15.3.4. By End Use
15.4. Key Takeaways
16. Key Countries Market Analysis
16.1. United States
16.1.1. Pricing Analysis
16.1.2. Market Share Analysis, 2023
16.1.2.1. By Product
16.1.2.2. By Recycling Technique
16.1.2.3. By End Use
16.2. Canada
16.2.1. Pricing Analysis
16.2.2. Market Share Analysis, 2023
16.2.2.1. By Product
16.2.2.2. By Recycling Technique
16.2.2.3. By End Use
16.3. Brazil
16.3.1. Pricing Analysis
16.3.2. Market Share Analysis, 2023
16.3.2.1. By Product
16.3.2.2. By Recycling Technique
16.3.2.3. By End Use
16.4. Mexico
16.4.1. Pricing Analysis
16.4.2. Market Share Analysis, 2023
16.4.2.1. By Product
16.4.2.2. By Recycling Technique
16.4.2.3. By End Use
16.5. Germany
16.5.1. Pricing Analysis
16.5.2. Market Share Analysis, 2023
16.5.2.1. By Product
16.5.2.2. By Recycling Technique
16.5.2.3. By End Use
16.6. United Kingdom
16.6.1. Pricing Analysis
16.6.2. Market Share Analysis, 2023
16.6.2.1. By Product
16.6.2.2. By Recycling Technique
16.6.2.3. By End Use
16.7. France
16.7.1. Pricing Analysis
16.7.2. Market Share Analysis, 2023
16.7.2.1. By Product
16.7.2.2. By Recycling Technique
16.7.2.3. By End Use
16.8. Spain
16.8.1. Pricing Analysis
16.8.2. Market Share Analysis, 2023
16.8.2.1. By Product
16.8.2.2. By Recycling Technique
16.8.2.3. By End Use
16.9. Italy
16.9.1. Pricing Analysis
16.9.2. Market Share Analysis, 2023
16.9.2.1. By Product
16.9.2.2. By Recycling Technique
16.9.2.3. By End Use
16.10. Poland
16.10.1. Pricing Analysis
16.10.2. Market Share Analysis, 2023
16.10.2.1. By Product
16.10.2.2. By Recycling Technique
16.10.2.3. By End Use
16.11. Russia
16.11.1. Pricing Analysis
16.11.2. Market Share Analysis, 2023
16.11.2.1. By Product
16.11.2.2. By Recycling Technique
16.11.2.3. By End Use
16.12. Czech Republic
16.12.1. Pricing Analysis
16.12.2. Market Share Analysis, 2023
16.12.2.1. By Product
16.12.2.2. By Recycling Technique
16.12.2.3. By End Use
16.13. Romania
16.13.1. Pricing Analysis
16.13.2. Market Share Analysis, 2023
16.13.2.1. By Product
16.13.2.2. By Recycling Technique
16.13.2.3. By End Use
16.14. India
16.14.1. Pricing Analysis
16.14.2. Market Share Analysis, 2023
16.14.2.1. By Product
16.14.2.2. By Recycling Technique
16.14.2.3. By End Use
16.15. Bangladesh
16.15.1. Pricing Analysis
16.15.2. Market Share Analysis, 2023
16.15.2.1. By Product
16.15.2.2. By Recycling Technique
16.15.2.3. By End Use
16.16. Australia
16.16.1. Pricing Analysis
16.16.2. Market Share Analysis, 2023
16.16.2.1. By Product
16.16.2.2. By Recycling Technique
16.16.2.3. By End Use
16.17. New Zealand
16.17.1. Pricing Analysis
16.17.2. Market Share Analysis, 2023
16.17.2.1. By Product
16.17.2.2. By Recycling Technique
16.17.2.3. By End Use
16.18. China
16.18.1. Pricing Analysis
16.18.2. Market Share Analysis, 2023
16.18.2.1. By Product
16.18.2.2. By Recycling Technique
16.18.2.3. By End Use
16.19. Japan
16.19.1. Pricing Analysis
16.19.2. Market Share Analysis, 2023
16.19.2.1. By Product
16.19.2.2. By Recycling Technique
16.19.2.3. By End Use
16.20. South Korea
16.20.1. Pricing Analysis
16.20.2. Market Share Analysis, 2023
16.20.2.1. By Product
16.20.2.2. By Recycling Technique
16.20.2.3. By End Use
16.21. GCC Countries
16.21.1. Pricing Analysis
16.21.2. Market Share Analysis, 2023
16.21.2.1. By Product
16.21.2.2. By Recycling Technique
16.21.2.3. By End Use
16.22. South Africa
16.22.1. Pricing Analysis
16.22.2. Market Share Analysis, 2023
16.22.2.1. By Product
16.22.2.2. By Recycling Technique
16.22.2.3. By End Use
16.23. Israel
16.23.1. Pricing Analysis
16.23.2. Market Share Analysis, 2023
16.23.2.1. By Product
16.23.2.2. By Recycling Technique
16.23.2.3. By End Use
17. Market Structure Analysis
17.1. Competition Dashboard
17.2. Competition Benchmarking
17.3. Market Share Analysis of Top Players
17.3.1. By Regional
17.3.2. By Product
17.3.3. By Recycling Technique
17.3.4. By End Use
18. Competition Analysis
18.1. Competition Deep Dive
18.1.1. Aeron Composite Pvt. Ltd
18.1.1.1. Overview
18.1.1.2. Product Portfolio
18.1.1.3. Profitability by Market Segments
18.1.1.4. Sales Footprint
18.1.1.5. Strategy Overview
18.1.1.5.1. Marketing Strategy
18.1.1.5.2. Product Strategy
18.1.1.5.3. Channel Strategy
18.1.2. Carbon Conversions
18.1.2.1. Overview
18.1.2.2. Product Portfolio
18.1.2.3. Profitability by Market Segments
18.1.2.4. Sales Footprint
18.1.2.5. Strategy Overview
18.1.2.5.1. Marketing Strategy
18.1.2.5.2. Product Strategy
18.1.2.5.3. Channel Strategy
18.1.3. Carbon Fiber Recycle Industry Co. Ltd
18.1.3.1. Overview
18.1.3.2. Product Portfolio
18.1.3.3. Profitability by Market Segments
18.1.3.4. Sales Footprint
18.1.3.5. Strategy Overview
18.1.3.5.1. Marketing Strategy
18.1.3.5.2. Product Strategy
18.1.3.5.3. Channel Strategy
18.1.4. Carbon Fiber Recycling
18.1.4.1. Overview
18.1.4.2. Product Portfolio
18.1.4.3. Profitability by Market Segments
18.1.4.4. Sales Footprint
18.1.4.5. Strategy Overview
18.1.4.5.1. Marketing Strategy
18.1.4.5.2. Product Strategy
18.1.4.5.3. Channel Strategy
18.1.5. Conenor Ltd
18.1.5.1. Overview
18.1.5.2. Product Portfolio
18.1.5.3. Profitability by Market Segments
18.1.5.4. Sales Footprint
18.1.5.5. Strategy Overview
18.1.5.5.1. Marketing Strategy
18.1.5.5.2. Product Strategy
18.1.5.5.3. Channel Strategy
18.1.6. Eco-Wolf Inc.
18.1.6.1. Overview
18.1.6.2. Product Portfolio
18.1.6.3. Profitability by Market Segments
18.1.6.4. Sales Footprint
18.1.6.5. Strategy Overview
18.1.6.5.1. Marketing Strategy
18.1.6.5.2. Product Strategy
18.1.6.5.3. Channel Strategy
18.1.7. Gen 2 Carbon Limited
18.1.7.1. Overview
18.1.7.2. Product Portfolio
18.1.7.3. Profitability by Market Segments
18.1.7.4. Sales Footprint
18.1.7.5. Strategy Overview
18.1.7.5.1. Marketing Strategy
18.1.7.5.2. Product Strategy
18.1.7.5.3. Channel Strategy
18.1.8. Global Fiberglass Solutions
18.1.8.1. Overview
18.1.8.2. Product Portfolio
18.1.8.3. Profitability by Market Segments
18.1.8.4. Sales Footprint
18.1.8.5. Strategy Overview
18.1.8.5.1. Marketing Strategy
18.1.8.5.2. Product Strategy
18.1.8.5.3. Channel Strategy
18.1.9. Karborek Recycling Carbon Fibers
18.1.9.1. Overview
18.1.9.2. Product Portfolio
18.1.9.3. Profitability by Market Segments
18.1.9.4. Sales Footprint
18.1.9.5. Strategy Overview
18.1.9.5.1. Marketing Strategy
18.1.9.5.2. Product Strategy
18.1.9.5.3. Channel Strategy
18.1.10. MCR (Mixt Composites Recyclables)
18.1.10.1. Overview
18.1.10.2. Product Portfolio
18.1.10.3. Profitability by Market Segments
18.1.10.4. Sales Footprint
18.1.10.5. Strategy Overview
18.1.10.5.1. Marketing Strategy
18.1.10.5.2. Product Strategy
18.1.10.5.3. Channel Strategy
18.1.11. Mitsubishi Chemical Advanced Materials GmbH
18.1.11.1. Overview
18.1.11.2. Product Portfolio
18.1.11.3. Profitability by Market Segments
18.1.11.4. Sales Footprint
18.1.11.5. Strategy Overview
18.1.11.5.1. Marketing Strategy
18.1.11.5.2. Product Strategy
18.1.11.5.3. Channel Strategy
18.1.12. neocomp GmbH
18.1.12.1. Overview
18.1.12.2. Product Portfolio
18.1.12.3. Profitability by Market Segments
18.1.12.4. Sales Footprint
18.1.12.5. Strategy Overview
18.1.12.5.1. Marketing Strategy
18.1.12.5.2. Product Strategy
18.1.12.5.3. Channel Strategy
18.1.13. Procotex
18.1.13.1. Overview
18.1.13.2. Product Portfolio
18.1.13.3. Profitability by Market Segments
18.1.13.4. Sales Footprint
18.1.13.5. Strategy Overview
18.1.13.5.1. Marketing Strategy
18.1.13.5.2. Product Strategy
18.1.13.5.3. Channel Strategy
18.1.14. Toray Industries Inc.
18.1.14.1. Overview
18.1.14.2. Product Portfolio
18.1.14.3. Profitability by Market Segments
18.1.14.4. Sales Footprint
18.1.14.5. Strategy Overview
18.1.14.5.1. Marketing Strategy
18.1.14.5.2. Product Strategy
18.1.14.5.3. Channel Strategy
18.1.15. Ucomposites A/S
18.1.15.1. Overview
18.1.15.2. Product Portfolio
18.1.15.3. Profitability by Market Segments
18.1.15.4. Sales Footprint
18.1.15.5. Strategy Overview
18.1.15.5.1. Marketing Strategy
18.1.15.5.2. Product Strategy
18.1.15.5.3. Channel Strategy
18.1.16. Vartega Inc.
18.1.16.1. Overview
18.1.16.2. Product Portfolio
18.1.16.3. Profitability by Market Segments
18.1.16.4. Sales Footprint
18.1.16.5. Strategy Overview
18.1.16.5.1. Marketing Strategy
18.1.16.5.2. Product Strategy
18.1.16.5.3. Channel Strategy
19. Assumptions & Acronyms Used20. Research Methodology
