Global Fiber - Reinforced Plastics Recycling Market Research Report 2025(Status and Outlook)

Report Overview

Fiber-reinforced plastics (FRP) recycling refers to the process of recovering and reprocessing composite materials made of polymer matrices reinforced with fibers, such as glass, carbon, or aramid. These materials are widely used in industries like automotive, aerospace, construction, and wind energy due to their high strength-to-weight ratio and durability, but their complex composition makes recycling challenging. Traditional mechanical recycling methods often degrade material quality, while chemical and thermal processes, such as pyrolysis or solvolysis, aim to recover fibers or break down polymers into reusable components. The market for FRP recycling is driven by increasing regulatory pressure on waste management, sustainability demands from industries, and the growing volume of end-of-life FRP waste. However, high processing costs, limited infrastructure, and technological barriers hinder widespread adoption. Innovations in recycling techniques and collaborations between manufacturers, recyclers, and policymakers are critical to scaling the industry and establishing a circular economy for FRP materials.

The global Fiber - Reinforced Plastics Recycling market size was estimated at USD 539.52 million in 2024, exhibiting a CAGR of 7.85% during the forecast period.

This report provides a deep insight into the global Fiber - Reinforced Plastics Recycling market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Fiber - Reinforced Plastics Recycling Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Fiber - Reinforced Plastics Recycling market in any manner.

Global Fiber - Reinforced Plastics Recycling Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Aeron Composite Pvt. Ltd

Mitsubishi Chemical Advanced Materials GmbH

Carbon Fiber Recycle Industry Co. Ltd

Gen 2 Carbon Limited

Global Fiberglass Solutions

Conenor Ltd

Carbon Conversions

Neocomp GmbH

MCR (Mixt Composites Recyclables)

Toray Industries Inc.

Ucomposites A/S

Vartega Inc.

Procotex

Market Segmentation (by Type)

Glass - Fiber Reinforced Plastic

Carbon - Fiber Reinforced Plastic

Others

Market Segmentation (by Application)

Industrial

Transportation

Building & Construction

Sports & Leisure

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Fiber - Reinforced Plastics Recycling Market

Overview of the regional outlook of the Fiber - Reinforced Plastics Recycling Market:

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Fiber - Reinforced Plastics Recycling Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 shares the main producing countries of Fiber - Reinforced Plastics Recycling, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.

Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.

Chapter 13 is the main points and conclusions of the report.

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Fiber - Reinforced Plastics Recycling
1.2 Key Market Segments
1.2.1 Fiber - Reinforced Plastics Recycling Segment by Type
1.2.2 Fiber - Reinforced Plastics Recycling Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Fiber - Reinforced Plastics Recycling Market Overview
2.1 Global Market Overview
2.1.1 Global Fiber - Reinforced Plastics Recycling Market Size (M USD) Estimates and Forecasts (2020-2033)
2.1.2 Global Fiber - Reinforced Plastics Recycling Sales Estimates and Forecasts (2020-2033)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Fiber - Reinforced Plastics Recycling Market Competitive Landscape
3.1 Company Assessment Quadrant
3.2 Global Fiber - Reinforced Plastics Recycling Product Life Cycle
3.3 Global Fiber - Reinforced Plastics Recycling Sales by Manufacturers (2020-2025)
3.4 Global Fiber - Reinforced Plastics Recycling Revenue Market Share by Manufacturers (2020-2025)
3.5 Fiber - Reinforced Plastics Recycling Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.6 Global Fiber - Reinforced Plastics Recycling Average Price by Manufacturers (2020-2025)
3.7 Manufacturers’ Manufacturing Sites, Areas Served, and Product Types
3.8 Fiber - Reinforced Plastics Recycling Market Competitive Situation and Trends
3.8.1 Fiber - Reinforced Plastics Recycling Market Concentration Rate
3.8.2 Global 5 and 10 Largest Fiber - Reinforced Plastics Recycling Players Market Share by Revenue
3.8.3 Mergers & Acquisitions, Expansion
4 Fiber - Reinforced Plastics Recycling Industry Chain Analysis
4.1 Fiber - Reinforced Plastics Recycling Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Fiber - Reinforced Plastics Recycling Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Industry News
5.4.1 New Product Developments
5.4.2 Mergers & Acquisitions
5.4.3 Expansions
5.4.4 Collaboration/Supply Contracts
5.5 PEST Analysis
5.5.1 Industry Policies Analysis
5.5.2 Economic Environment Analysis
5.5.3 Social Environment Analysis
5.5.4 Technological Environment Analysis
5.6 Global Fiber - Reinforced Plastics Recycling Market Porter's Five Forces Analysis
5.6.1 Global Trade Frictions
5.6.2 U.S. Tariff Policy – April 2025
5.6.3 Global Trade Frictions and Their Impacts to Fiber - Reinforced Plastics Recycling Market
5.7 ESG Ratings of Leading Companies
6 Fiber - Reinforced Plastics Recycling Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Fiber - Reinforced Plastics Recycling Sales Market Share by Type (2020-2025)
6.3 Global Fiber - Reinforced Plastics Recycling Market Size Market Share by Type (2020-2025)
6.4 Global Fiber - Reinforced Plastics Recycling Price by Type (2020-2025)
7 Fiber - Reinforced Plastics Recycling Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Fiber - Reinforced Plastics Recycling Market Sales by Application (2020-2025)
7.3 Global Fiber - Reinforced Plastics Recycling Market Size (M USD) by Application (2020-2025)
7.4 Global Fiber - Reinforced Plastics Recycling Sales Growth Rate by Application (2020-2025)
8 Fiber - Reinforced Plastics Recycling Market Sales by Region
8.1 Global Fiber - Reinforced Plastics Recycling Sales by Region
8.1.1 Global Fiber - Reinforced Plastics Recycling Sales by Region
8.1.2 Global Fiber - Reinforced Plastics Recycling Sales Market Share by Region
8.2 Global Fiber - Reinforced Plastics Recycling Market Size by Region
8.2.1 Global Fiber - Reinforced Plastics Recycling Market Size by Region
8.2.2 Global Fiber - Reinforced Plastics Recycling Market Size Market Share by Region
8.3 North America
8.3.1 North America Fiber - Reinforced Plastics Recycling Sales by Country
8.3.2 North America Fiber - Reinforced Plastics Recycling Market Size by Country
8.3.3 U.S. Market Overview
8.3.4 Canada Market Overview
8.3.5 Mexico Market Overview
8.4 Europe
8.4.1 Europe Fiber - Reinforced Plastics Recycling Sales by Country
8.4.2 Europe Fiber - Reinforced Plastics Recycling Market Size by Country
8.4.3 Germany Market Overview
8.4.4 France Market Overview
8.4.5 U.K. Market Overview
8.4.6 Italy Market Overview
8.4.7 Spain Market Overview
8.5 Asia Pacific
8.5.1 Asia Pacific Fiber - Reinforced Plastics Recycling Sales by Region
8.5.2 Asia Pacific Fiber - Reinforced Plastics Recycling Market Size by Region
8.5.3 China Market Overview
8.5.4 Japan Market Overview
8.5.5 South Korea Market Overview
8.5.6 India Market Overview
8.5.7 Southeast Asia Market Overview
8.6 South America
8.6.1 South America Fiber - Reinforced Plastics Recycling Sales by Country
8.6.2 South America Fiber - Reinforced Plastics Recycling Market Size by Country
8.6.3 Brazil Market Overview
8.6.4 Argentina Market Overview
8.6.5 Columbia Market Overview
8.7 Middle East and Africa
8.7.1 Middle East and Africa Fiber - Reinforced Plastics Recycling Sales by Region
8.7.2 Middle East and Africa Fiber - Reinforced Plastics Recycling Market Size by Region
8.7.3 Saudi Arabia Market Overview
8.7.4 UAE Market Overview
8.7.5 Egypt Market Overview
8.7.6 Nigeria Market Overview
8.7.7 South Africa Market Overview
9 Fiber - Reinforced Plastics Recycling Market Production by Region
9.1 Global Production of Fiber - Reinforced Plastics Recycling by Region(2020-2025)
9.2 Global Fiber - Reinforced Plastics Recycling Revenue Market Share by Region (2020-2025)
9.3 Global Fiber - Reinforced Plastics Recycling Production, Revenue, Price and Gross Margin (2020-2025)
9.4 North America Fiber - Reinforced Plastics Recycling Production
9.4.1 North America Fiber - Reinforced Plastics Recycling Production Growth Rate (2020-2025)
9.4.2 North America Fiber - Reinforced Plastics Recycling Production, Revenue, Price and Gross Margin (2020-2025)
9.5 Europe Fiber - Reinforced Plastics Recycling Production
9.5.1 Europe Fiber - Reinforced Plastics Recycling Production Growth Rate (2020-2025)
9.5.2 Europe Fiber - Reinforced Plastics Recycling Production, Revenue, Price and Gross Margin (2020-2025)
9.6 Japan Fiber - Reinforced Plastics Recycling Production (2020-2025)
9.6.1 Japan Fiber - Reinforced Plastics Recycling Production Growth Rate (2020-2025)
9.6.2 Japan Fiber - Reinforced Plastics Recycling Production, Revenue, Price and Gross Margin (2020-2025)
9.7 China Fiber - Reinforced Plastics Recycling Production (2020-2025)
9.7.1 China Fiber - Reinforced Plastics Recycling Production Growth Rate (2020-2025)
9.7.2 China Fiber - Reinforced Plastics Recycling Production, Revenue, Price and Gross Margin (2020-2025)
10 Key Companies Profile
10.1 Aeron Composite Pvt. Ltd
10.1.1 Aeron Composite Pvt. Ltd Basic Information
10.1.2 Aeron Composite Pvt. Ltd Fiber - Reinforced Plastics Recycling Product Overview
10.1.3 Aeron Composite Pvt. Ltd Fiber - Reinforced Plastics Recycling Product Market Performance
10.1.4 Aeron Composite Pvt. Ltd Business Overview
10.1.5 Aeron Composite Pvt. Ltd SWOT Analysis
10.1.6 Aeron Composite Pvt. Ltd Recent Developments
10.2 Mitsubishi Chemical Advanced Materials GmbH
10.2.1 Mitsubishi Chemical Advanced Materials GmbH Basic Information
10.2.2 Mitsubishi Chemical Advanced Materials GmbH Fiber - Reinforced Plastics Recycling Product Overview
10.2.3 Mitsubishi Chemical Advanced Materials GmbH Fiber - Reinforced Plastics Recycling Product Market Performance
10.2.4 Mitsubishi Chemical Advanced Materials GmbH Business Overview
10.2.5 Mitsubishi Chemical Advanced Materials GmbH SWOT Analysis
10.2.6 Mitsubishi Chemical Advanced Materials GmbH Recent Developments
10.3 Carbon Fiber Recycle Industry Co. Ltd
10.3.1 Carbon Fiber Recycle Industry Co. Ltd Basic Information
10.3.2 Carbon Fiber Recycle Industry Co. Ltd Fiber - Reinforced Plastics Recycling Product Overview
10.3.3 Carbon Fiber Recycle Industry Co. Ltd Fiber - Reinforced Plastics Recycling Product Market Performance
10.3.4 Carbon Fiber Recycle Industry Co. Ltd Business Overview
10.3.5 Carbon Fiber Recycle Industry Co. Ltd SWOT Analysis
10.3.6 Carbon Fiber Recycle Industry Co. Ltd Recent Developments
10.4 Gen 2 Carbon Limited
10.4.1 Gen 2 Carbon Limited Basic Information
10.4.2 Gen 2 Carbon Limited Fiber - Reinforced Plastics Recycling Product Overview
10.4.3 Gen 2 Carbon Limited Fiber - Reinforced Plastics Recycling Product Market Performance
10.4.4 Gen 2 Carbon Limited Business Overview
10.4.5 Gen 2 Carbon Limited Recent Developments
10.5 Global Fiberglass Solutions
10.5.1 Global Fiberglass Solutions Basic Information
10.5.2 Global Fiberglass Solutions Fiber - Reinforced Plastics Recycling Product Overview
10.5.3 Global Fiberglass Solutions Fiber - Reinforced Plastics Recycling Product Market Performance
10.5.4 Global Fiberglass Solutions Business Overview
10.5.5 Global Fiberglass Solutions Recent Developments
10.6 Conenor Ltd
10.6.1 Conenor Ltd Basic Information
10.6.2 Conenor Ltd Fiber - Reinforced Plastics Recycling Product Overview
10.6.3 Conenor Ltd Fiber - Reinforced Plastics Recycling Product Market Performance
10.6.4 Conenor Ltd Business Overview
10.6.5 Conenor Ltd Recent Developments
10.7 Carbon Conversions
10.7.1 Carbon Conversions Basic Information
10.7.2 Carbon Conversions Fiber - Reinforced Plastics Recycling Product Overview
10.7.3 Carbon Conversions Fiber - Reinforced Plastics Recycling Product Market Performance
10.7.4 Carbon Conversions Business Overview
10.7.5 Carbon Conversions Recent Developments
10.8 Neocomp GmbH
10.8.1 Neocomp GmbH Basic Information
10.8.2 Neocomp GmbH Fiber - Reinforced Plastics Recycling Product Overview
10.8.3 Neocomp GmbH Fiber - Reinforced Plastics Recycling Product Market Performance
10.8.4 Neocomp GmbH Business Overview
10.8.5 Neocomp GmbH Recent Developments
10.9 MCR (Mixt Composites Recyclables)
10.9.1 MCR (Mixt Composites Recyclables) Basic Information
10.9.2 MCR (Mixt Composites Recyclables) Fiber - Reinforced Plastics Recycling Product Overview
10.9.3 MCR (Mixt Composites Recyclables) Fiber - Reinforced Plastics Recycling Product Market Performance
10.9.4 MCR (Mixt Composites Recyclables) Business Overview
10.9.5 MCR (Mixt Composites Recyclables) Recent Developments
10.10 Toray Industries Inc.
10.10.1 Toray Industries Inc. Basic Information
10.10.2 Toray Industries Inc. Fiber - Reinforced Plastics Recycling Product Overview
10.10.3 Toray Industries Inc. Fiber - Reinforced Plastics Recycling Product Market Performance
10.10.4 Toray Industries Inc. Business Overview
10.10.5 Toray Industries Inc. Recent Developments
10.11 Ucomposites A/S
10.11.1 Ucomposites A/S Basic Information
10.11.2 Ucomposites A/S Fiber - Reinforced Plastics Recycling Product Overview
10.11.3 Ucomposites A/S Fiber - Reinforced Plastics Recycling Product Market Performance
10.11.4 Ucomposites A/S Business Overview
10.11.5 Ucomposites A/S Recent Developments
10.12 Vartega Inc.
10.12.1 Vartega Inc. Basic Information
10.12.2 Vartega Inc. Fiber - Reinforced Plastics Recycling Product Overview
10.12.3 Vartega Inc. Fiber - Reinforced Plastics Recycling Product Market Performance
10.12.4 Vartega Inc. Business Overview
10.12.5 Vartega Inc. Recent Developments
10.13 Procotex
10.13.1 Procotex Basic Information
10.13.2 Procotex Fiber - Reinforced Plastics Recycling Product Overview
10.13.3 Procotex Fiber - Reinforced Plastics Recycling Product Market Performance
10.13.4 Procotex Business Overview
10.13.5 Procotex Recent Developments
11 Fiber - Reinforced Plastics Recycling Market Forecast by Region
11.1 Global Fiber - Reinforced Plastics Recycling Market Size Forecast
11.2 Global Fiber - Reinforced Plastics Recycling Market Forecast by Region
11.2.1 North America Market Size Forecast by Country
11.2.2 Europe Fiber - Reinforced Plastics Recycling Market Size Forecast by Country
11.2.3 Asia Pacific Fiber - Reinforced Plastics Recycling Market Size Forecast by Region
11.2.4 South America Fiber - Reinforced Plastics Recycling Market Size Forecast by Country
11.2.5 Middle East and Africa Forecasted Sales of Fiber - Reinforced Plastics Recycling by Country
12 Forecast Market by Type and by Application (2026-2033)
12.1 Global Fiber - Reinforced Plastics Recycling Market Forecast by Type (2026-2033)
12.1.1 Global Forecasted Sales of Fiber - Reinforced Plastics Recycling by Type (2026-2033)
12.1.2 Global Fiber - Reinforced Plastics Recycling Market Size Forecast by Type (2026-2033)
12.1.3 Global Forecasted Price of Fiber - Reinforced Plastics Recycling by Type (2026-2033)
12.2 Global Fiber - Reinforced Plastics Recycling Market Forecast by Application (2026-2033)
12.2.1 Global Fiber - Reinforced Plastics Recycling Sales (K Units) Forecast by Application
12.2.2 Global Fiber - Reinforced Plastics Recycling Market Size (M USD) Forecast by Application (2026-2033)
13 Conclusion and Key Findings

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