openPR Logo
Press release

Fiber-Reinforced Plastic (FRP) Recycling Market Set for Significant Growth, Driven by Sustainability and Industry Demand

Fiber-reinforced Plastic (FRP) Recycling Market

Fiber-reinforced Plastic (FRP) Recycling Market

The global Fiber-Reinforced Plastic (FRP) Recycling Market is set for significant expansion, driven by growing sustainability initiatives and the rising demand for recycled composite materials across various industries. Valued at USD 564.8 million by 2025, the market is projected to more than double, reaching USD 1,216.5 million by 2035. This robust growth, reflected in a compound annual growth rate (CAGR) of 8.0% between 2025 and 2035, underscores the increasing emphasis on environmental responsibility and circular economy practices, as industries seek efficient solutions to manage and repurpose composite waste.

FRP materials, known for their high strength-to-weight ratio, corrosion resistance, and durability, have become indispensable in advanced manufacturing. However, their difficult-to-recycle nature has long posed an environmental challenge-one that the recycling sector is now innovatively addressing.

Request Sample Report and Stay Ahead in Your Industry! https://www.futuremarketinsights.com/reports/sample/rep-gb-17891

Growth Drivers

1. Sustainability Mandates and Government Legislation
Rising awareness about environmental pollution and carbon emissions is pushing governments worldwide to implement strict regulations on composite waste disposal. The European Union's End-of-Life Vehicle Directive and similar mandates in North America and Asia are incentivizing manufacturers to adopt FRP recycling practices.

2. Innovation in Recycling Technologies
Advancements in pyrolysis, solvolysis, and mechanical recycling are enhancing the commercial viability of FRP waste processing. New chemical recycling methods are enabling the recovery of high-quality fibers and resins, making recycled FRP a feasible raw material for various industries.

3. Automotive and Aerospace Industries Embrace Recyclability
Lightweight composite materials such as FRP are increasingly used in electric vehicles and aircraft to improve fuel efficiency and reduce emissions. OEMs are under pressure to ensure sustainability throughout the product life cycle, including end-of-life treatment, thus creating strong demand for recycling solutions.

4. Construction and Wind Energy Sectors Drive Bulk Demand
FRP materials are extensively used in wind turbine blades, bridges, panels, and other infrastructure projects. With a wave of aging wind turbines and retrofitting needs in construction, significant volumes of FRP waste are emerging, necessitating efficient recycling practices.

5. Shift Toward Circular Economy Models
Companies across the value chain are adopting circular economy models to minimize waste and recover valuable materials. Recycled FRP is increasingly being used in secondary applications such as fillers, panels, and structural composites, encouraging a closed-loop system.

Dive Deep into the Full Report for a Complete Analysis! https://www.futuremarketinsights.com/reports/frp-recycling-market

Key Takeaways

• FRP recycling market is expected to grow at a CAGR of 8.0%, reaching USD 1,216.5 million by 2035.

• Growth is driven by environmental regulations, sustainability goals, and demand from automotive, construction, and aerospace sectors.

• New technologies like pyrolysis and solvolysis are making FRP recycling more viable and commercially attractive.

• Europe leads the market, but Asia-Pacific is emerging as the fastest-growing region.

• The competitive landscape is evolving with strategic alliances and R&D-driven innovation.

Competitive Landscape

The FRP recycling market is moderately fragmented, with key players focusing on strategic collaborations, technology licensing, and capacity expansions to strengthen their positions.

Notable companies include:

• Carbon Conversions - Specializes in reclaimed carbon fiber and has partnerships with major aerospace and automotive firms.

• ELG Carbon Fibre Ltd. - A pioneer in carbon fiber recycling, ELG has expanded its presence in Europe and North America.

• Gen 2 Carbon - Formerly part of ELG, this company continues innovating in closed-loop recycling solutions.

• Aditya Birla Group (Recyclamine Technology) - Utilizes novel chemistry to recover epoxy resins and fibers.

• SGL Carbon - Integrates recycled materials into its broader product portfolio and works on sustainable composite solutions.

• Toray Industries - Invests heavily in R&D and partnerships to boost its recycling capabilities, especially in the Asian market.

Polymers and Plastics Industry Outlook: https://www.futuremarketinsights.com/industry-analysis/polymers-and-plastics

Fiber-reinforced Plastic (FRP) Recycling Market Segmentation

By Product:
• Glass-fiber Reinforced Plastic
• Carbon-fiber Reinforced Plastic

By Recycling Technique:
• Thermal/Chemical Recycling
• Incineration & Co-incineration
• Mechanical Recycling

By End Use:
• Industrial
• Transportation
• Building & Construction
• Sports & Leisure

By Region:
• North America
• Latin America
• Western Europe
• Eastern Europe
• East Asia
• South Asia and Pacific
• Middle East and Africa

Latest Research Reports on Chemicals & Materials: Navigating Industry Developments

Polymer Fillers Market Analysis: https://www.futuremarketinsights.com/reports/polymer-fillers-market

Polyether Modified Polysiloxane Market Share: https://www.futuremarketinsights.com/reports/polyether-modified-polysiloxane-market

Industrial Rubber Products Market Growth: https://www.futuremarketinsights.com/reports/industrial-rubber-products-market

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Fiber-Reinforced Plastic (FRP) Recycling Market Set for Significant Growth, Driven by Sustainability and Industry Demand here

News-ID: 4015188 • Views:

More Releases from Future Market Insights Inc.

Global Inherited Orphan Blood Disorders Therapeutics Market to Grow at 9.0% CAGR from 2025 to 2035, Reaching USD 4.2 Billion by 2035.
Global Inherited Orphan Blood Disorders Therapeutics Market to Grow at 9.0% CAGR …
The global market for Inherited Orphan Blood Disorders Therapeutics is poised for substantial growth over the next decade, with projections estimating the market to expand from USD 1.8 billion in 2025 to USD 4.2 billion by 2035. This represents a compound annual growth rate (CAGR) of 9.0%, reflecting the increasing need for targeted therapeutic solutions for rare genetic blood disorders. Inherited orphan blood disorders, such as sickle cell anemia, thalassemia, and
The Cardiovascular Surgical Devices Market: A Key Focus on Growth and Innovation in Cardiac Healthcare
The Cardiovascular Surgical Devices Market: A Key Focus on Growth and Innovation …
The cardiovascular surgical devices market is undergoing a dynamic transformation, offering significant opportunities for healthcare providers, medical device manufacturers, and patients alike. With an estimated market value of USD 57.9 billion in 2025, the sector is projected to experience robust growth, reaching USD 122.7 billion by 2035. This impressive expansion, at a compound annual growth rate (CAGR) of 7.8%, is propelled by a convergence of factors including the rising incidence
Surgical Heart Valves Market Poised for Unprecedented Growth, Projected to Reach USD 36.6 Billion by 2035
Surgical Heart Valves Market Poised for Unprecedented Growth, Projected to Reach …
The surgical heart valves market is entering a new era of expansion, projected to grow from USD 8,897.2 million in 2025 to a staggering USD 36,625.0 million by 2035. With a remarkable compound annual growth rate (CAGR) of 15.2% during the forecast period, the sector is set to be one of the fastest-growing segments within the global cardiovascular medical devices industry. As the world grapples with rising cardiovascular disease rates
Paediatric Oncology Therapeutics Market Set for Robust Growth, Projected to Reach USD 6.3 Billion by 2035
Paediatric Oncology Therapeutics Market Set for Robust Growth, Projected to Reac …
The global paediatric oncology therapeutics market is poised for significant growth, with a projected compound annual growth rate (CAGR) of 8.0%, reaching a market value of USD 6.3 billion by 2035, up from USD 2.9 billion in 2025. This surge is driven by the increasing prevalence of childhood cancers and the escalating demand for advanced, age-specific treatment options. As the global incidence of paediatric cancers rises, the need for effective, safe,

All 5 Releases


More Releases for FRP

FRP Rebar Market Set to Soar to $1361 Million by 2031 with 6.7% CAGR | Aslan FRP …
Report Description - QYResearch latest report 'FRP Rebar Market 2025 Report' provides a comprehensive analysis of the industry with market insights will definitely facilitate to increase the knowledge and decision-making skills of the business, thus providing an immense opportunity for growth. Finally, this will increase the return rate and strengthen the competitive advantage within. Since it's a personalised market report, the services are catered to the particular difficulty. The correct methodology
FRP Cable Tray Market Size and Forecast
FRP Cable Tray Market size was valued at USD 1.5 Billion in 2022 and is projected to reach USD 2.8 Billion by 2030, growing at a CAGR of 8.2% from 2024 to 2030. FRP Cable Tray Market Outlook and Investment Analysis What is the current outlook for the FRP Cable Tray Market? The FRP Cable Tray market is experiencing strong growth due to its increasing demand across various industries such as construction, electrical,
FRP Rebar Market Growth Dynamics 2025-2032
The Fiber Reinforced Polymer (FRP) Rebar market has emerged as a critical player in the construction sector, offering innovative solutions for reinforcing concrete structures. With its lightweight, high tensile strength, and corrosion resistance, FRP Rebar is gaining traction in various applications, including road building, bridges, and underground construction. The market is characterized by a growing demand for sustainable construction materials, which is driving the adoption of FRP Rebar as a
Key Trend Reshaping the FRP Tank Market in 2025: Product Innovation In The FRP T …
What combination of drivers is leading to accelerated growth in the frp tank market? The growth of FRP tanks is anticipated to be driven by the escalating need for oil and gas storage solutions. Storage systems for oil and gas incorporate terminals or tanks that keep the produced oil and gas either above or underground. The oil and gas sector utilizes FRP tanks to hold bulk quantities of fluids at various
FRP Pole Market Size, Share | Trend 2022
The global frp pole market size was valued at USD 328.1 million in 2021 and is expected to grow at a CAGR of 5.8% during the forecast period 2022 to 2028. FRP Pole (Fiber Reinforced Polymer Pole) is a type of composite material that is made by combining fibers such as carbon, fiberglass, or aramid with a polymer matrix. These poles are lightweight, strong, and highly durable, which makes them
Global Fiberglass-reinforced plastic (FRP) Vessel Market
The studies performed by GME showed the FRP Vessel Market is projected to show trajectorial growth in the middle of 2020-2026 at a CAGR of 8.4%. Government inclination towards adoption of clean fuel and improving market of natural and fuel cell electric vehicles are the factors expected to boost up the FRP vessels market in coming years. The growing application range of FRP vessels in different sectors such as in