| Product Code: ETC13262567 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Fiber-reinforced Plastic Recycling Market was valued at USD 0.9 Billion in 2024 and is expected to reach USD 1.5 Billion by 2031, growing at a compound annual growth rate of 8.50% during the forecast period (2025-2031).
The Global Fiber-reinforced Plastic Recycling Market is experiencing significant growth driven by the increasing adoption of sustainable practices in industries such as automotive, construction, and aerospace. Fiber-reinforced plastics offer lightweight and durable properties, making them popular in various applications. The recycling of these materials helps to reduce waste and environmental impact. Key factors contributing to market growth include government regulations promoting recycling, technological advancements in recycling processes, and the rising awareness among manufacturers about the benefits of using recycled materials. However, challenges such as the high cost of recycling equipment and the complexity of separating fibers from resins pose obstacles to market expansion. Overall, the global fiber-reinforced plastic recycling market is expected to continue its upward trajectory as companies strive towards a more sustainable future.
The Global Fiber-reinforced Plastic Recycling Market is experiencing significant growth due to the increasing adoption of sustainable practices in industries such as automotive, construction, and consumer goods. Key trends include technological advancements in recycling processes to improve efficiency and quality of recycled materials, as well as the development of innovative composite materials using recycled fibers. Opportunities in the market lie in the growing demand for recycled fiber-reinforced plastics for use in various applications, driven by environmental regulations and consumer preferences for eco-friendly products. Companies investing in research and development to enhance recycling technologies and expand their product portfolios stand to benefit from the rising demand for sustainable solutions in the fiber-reinforced plastic industry.
The Global Fiber-reinforced Plastic Recycling Market faces several challenges, including the complexity of separating and sorting different types of fiber-reinforced plastics for recycling, as these materials often consist of various composites that are difficult to break down. Additionally, the lack of standardized recycling processes and technologies for fiber-reinforced plastics poses a barrier to efficient recycling practices on a global scale. The market also struggles with limited infrastructure for collecting and processing fiber-reinforced plastics, leading to low recycling rates and a significant amount of these materials ending up in landfills. Furthermore, the economic feasibility of recycling fiber-reinforced plastics remains a challenge, as the high costs associated with recycling technologies and the low market demand for recycled products hinder the growth of this industry.
The Global Fiber-reinforced Plastic Recycling Market is primarily driven by the increasing environmental awareness and regulations emphasizing sustainable practices. As governments and industries worldwide are focusing on reducing carbon footprint and waste generation, the demand for recycling of fiber-reinforced plastics is on the rise. Additionally, the growing adoption of recycled materials in various applications such as automotive, construction, and consumer goods is fueling the market growth. The cost-effectiveness and energy-saving benefits of recycling fiber-reinforced plastics also contribute to the market expansion. Furthermore, innovations in recycling technologies and processes are enabling more efficient and effective recycling of these materials, further driving the market forward.
Government policies related to the Global Fiber-reinforced Plastic Recycling Market vary across regions. In the European Union, regulations such as the Waste Framework Directive and the Circular Economy Action Plan promote the recycling and reuse of fiber-reinforced plastics to reduce waste and foster a circular economy. In the United States, policies such as the Resource Conservation and Recovery Act and the Plastic Pollution Reduction Act aim to address plastic waste management and promote recycling efforts, including fiber-reinforced plastics. In Asia, countries like Japan have established laws and regulations to promote recycling and waste reduction, with a focus on increasing the recycling rates of various materials, including fiber-reinforced plastics. Overall, government policies play a crucial role in shaping the landscape of the Global Fiber-reinforced Plastic Recycling Market by incentivizing recycling practices and sustainability initiatives.
The Global Fiber-reinforced Plastic Recycling Market is poised for significant growth in the coming years due to the increasing focus on sustainability and waste reduction. The market is expected to witness a steady rise in demand as industries across sectors such as automotive, construction, and aerospace increasingly adopt fiber-reinforced plastics in their manufacturing processes. This trend is being further supported by stringent regulations promoting recycling and circular economy practices. As technology and processes for recycling fiber-reinforced plastics continue to advance, the market is likely to see new opportunities for growth and innovation. Overall, with a growing emphasis on environmental consciousness and resource efficiency, the Global Fiber-reinforced Plastic Recycling Market is expected to expand and evolve positively in the future.
In the Global Fiber-reinforced Plastic Recycling Market, Asia Pacific is poised for significant growth due to the rising demand for sustainable solutions in countries like China and India. North America is leading in terms of technological advancements and investments in recycling infrastructure. Europe is focusing on stringent regulations promoting recycling practices, driving market growth. The Middle East and Africa region is witnessing steady progress in recycling initiatives supported by government policies. Latin America is gradually adopting fiber-reinforced plastic recycling practices, driven by increasing environmental awareness and efforts toward circular economy concepts. Overall, the market is witnessing growth opportunities across regions, with varying degrees of emphasis on sustainability and recycling efforts.
Global Fiber-reinforced Plastic (FRP) Recycling Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Fiber-reinforced Plastic (FRP) Recycling Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Fiber-reinforced Plastic (FRP) Recycling Market Revenues & Volume, 2021 & 2031F |
3.3 Global Fiber-reinforced Plastic (FRP) Recycling Market - Industry Life Cycle |
3.4 Global Fiber-reinforced Plastic (FRP) Recycling Market - Porter's Five Forces |
3.5 Global Fiber-reinforced Plastic (FRP) Recycling Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Fiber-reinforced Plastic (FRP) Recycling Market Revenues & Volume Share, By product type, 2021 & 2031F |
3.7 Global Fiber-reinforced Plastic (FRP) Recycling Market Revenues & Volume Share, By recycling technique, 2021 & 2031F |
3.8 Global Fiber-reinforced Plastic (FRP) Recycling Market Revenues & Volume Share, By end-user industry, 2021 & 2031F |
4 Global Fiber-reinforced Plastic (FRP) Recycling Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Fiber-reinforced Plastic (FRP) Recycling Market Trends |
6 Global Fiber-reinforced Plastic (FRP) Recycling Market, 2021 - 2031 |
6.1 Global Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, By product type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, By glass fiber-reinforced plastic, 2021 - 2031 |
6.1.3 Global Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, By carbon fiber-reinforced plastic, 2021 - 2031 |
6.1.4 Global Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, By other product types, 2021 - 2031 |
6.2 Global Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, By recycling technique, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, By thermal/chemical recycling, 2021 - 2031 |
6.2.3 Global Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, By incineration, 2021 - 2031 |
6.2.4 Global Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, By co-incineration, 2021 - 2031 |
6.2.5 Global Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, By mechanical recycling, 2021 - 2031 |
6.3 Global Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, By end-user industry, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, By Industrial, 2021 - 2031 |
6.3.3 Global Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, By transportation, 2021 - 2031 |
6.3.4 Global Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, By building and construction, 2021 - 2031 |
6.3.5 Global Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, By sports, 2021 - 2031 |
6.3.6 Global Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, By other end-user industries, 2021 - 2031 |
7 North America Fiber-reinforced Plastic (FRP) Recycling Market, Overview & Analysis |
7.1 North America Fiber-reinforced Plastic (FRP) Recycling Market Revenues & Volume, 2021 - 2031 |
7.2 North America Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, By product type, 2021 - 2031 |
7.4 North America Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, By recycling technique, 2021 - 2031 |
7.5 North America Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, By end-user industry, 2021 - 2031 |
8 Latin America (LATAM) Fiber-reinforced Plastic (FRP) Recycling Market, Overview & Analysis |
8.1 Latin America (LATAM) Fiber-reinforced Plastic (FRP) Recycling Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, By product type, 2021 - 2031 |
8.4 Latin America (LATAM) Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, By recycling technique, 2021 - 2031 |
8.5 Latin America (LATAM) Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, By end-user industry, 2021 - 2031 |
9 Asia Fiber-reinforced Plastic (FRP) Recycling Market, Overview & Analysis |
9.1 Asia Fiber-reinforced Plastic (FRP) Recycling Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, By product type, 2021 - 2031 |
9.4 Asia Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, By recycling technique, 2021 - 2031 |
9.5 Asia Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, By end-user industry, 2021 - 2031 |
10 Africa Fiber-reinforced Plastic (FRP) Recycling Market, Overview & Analysis |
10.1 Africa Fiber-reinforced Plastic (FRP) Recycling Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, By product type, 2021 - 2031 |
10.4 Africa Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, By recycling technique, 2021 - 2031 |
10.5 Africa Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, By end-user industry, 2021 - 2031 |
11 Europe Fiber-reinforced Plastic (FRP) Recycling Market, Overview & Analysis |
11.1 Europe Fiber-reinforced Plastic (FRP) Recycling Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, By product type, 2021 - 2031 |
11.4 Europe Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, By recycling technique, 2021 - 2031 |
11.5 Europe Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, By end-user industry, 2021 - 2031 |
12 Middle East Fiber-reinforced Plastic (FRP) Recycling Market, Overview & Analysis |
12.1 Middle East Fiber-reinforced Plastic (FRP) Recycling Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, By product type, 2021 - 2031 |
12.4 Middle East Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, By recycling technique, 2021 - 2031 |
12.5 Middle East Fiber-reinforced Plastic (FRP) Recycling Market, Revenues & Volume, By end-user industry, 2021 - 2031 |
13 Global Fiber-reinforced Plastic (FRP) Recycling Market Key Performance Indicators |
14 Global Fiber-reinforced Plastic (FRP) Recycling Market - Export/Import By Countries Assessment |
15 Global Fiber-reinforced Plastic (FRP) Recycling Market - Opportunity Assessment |
15.1 Global Fiber-reinforced Plastic (FRP) Recycling Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Fiber-reinforced Plastic (FRP) Recycling Market Opportunity Assessment, By product type, 2021 & 2031F |
15.3 Global Fiber-reinforced Plastic (FRP) Recycling Market Opportunity Assessment, By recycling technique, 2021 & 2031F |
15.4 Global Fiber-reinforced Plastic (FRP) Recycling Market Opportunity Assessment, By end-user industry, 2021 & 2031F |
16 Global Fiber-reinforced Plastic (FRP) Recycling Market - Competitive Landscape |
16.1 Global Fiber-reinforced Plastic (FRP) Recycling Market Revenue Share, By Companies, 2024 |
16.2 Global Fiber-reinforced Plastic (FRP) Recycling Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |