Recyclable Thermosets

Global Recyclable Thermosets Market to Reach US$650.2 Million by 2030

The global market for Recyclable Thermosets estimated at US$412.9 Million in the year 2024, is expected to reach US$650.2 Million by 2030, growing at a CAGR of 7.9% over the analysis period 2024-2030. Unsaturated Polyester Resins, one of the segments analyzed in the report, is expected to record a 6.8% CAGR and reach US$210.4 Million by the end of the analysis period. Growth in the Polyurethane segment is estimated at 6.1% CAGR over the analysis period.

The U.S. Market is Estimated at US$112.5 Million While China is Forecast to Grow at 12.0% CAGR

The Recyclable Thermosets market in the U.S. is estimated at US$112.5 Million in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$137.2 Million by the year 2030 trailing a CAGR of 12.0% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 4.1% and 7.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 5.2% CAGR.

Global Recyclable Thermosets Market – Key Trends & Drivers Summarized

Why Is the Demand for Recyclable Thermosets Rising Across Industries?

Thermoset materials, traditionally known for their durability and resistance to heat and chemicals, have long been used in aerospace, automotive, construction, and electronics. However, their inability to be easily recycled has posed significant environmental challenges, leading to landfill waste and sustainability concerns. The emergence of recyclable thermosets is now transforming the market by offering materials that retain the strength and resilience of conventional thermosets while allowing for reprocessing and reuse. Industries are increasingly adopting recyclable thermosets to comply with environmental regulations, reduce material waste, and improve the circularity of high-performance applications. Additionally, the growing push toward sustainable manufacturing practices and carbon footprint reduction is further driving innovation in recyclable thermoset materials.

How Are Technological Innovations Advancing Recyclable Thermosets?

The development of reversible and reprocessable thermosets has been a game-changer, allowing these materials to be broken down and reformed without compromising structural integrity. Innovations such as vitrimer chemistry, dynamic covalent bonding, and thermally reversible polymer networks have enabled thermosets to undergo chemical recycling, making them suitable for multiple lifecycle uses. Additionally, bio-based thermoset resins derived from renewable sources such as plant oils and lignin are gaining traction, offering both recyclability and reduced environmental impact. Advances in additive manufacturing and composite recycling technologies are further enhancing the ability to recover and repurpose thermoset materials. As research in polymer chemistry continues to evolve, recyclable thermosets are expected to become a key solution for industries seeking sustainable high-performance materials.

What Market Trends Are Driving the Adoption of Recyclable Thermosets?

The increasing focus on circular economy initiatives has significantly influenced the adoption of recyclable thermosets in industrial applications. Aerospace and automotive manufacturers are prioritizing lightweight, durable materials that can be recycled at the end of their lifecycle, reducing waste and improving sustainability. Additionally, regulatory frameworks aimed at reducing plastic pollution and enforcing sustainable material usage are prompting industries to invest in recyclable thermosets. The rising demand for green composites in wind energy and construction sectors has further fueled interest in recyclable thermoset resins. Furthermore, the integration of smart recycling technologies, such as blockchain-based material tracking, is improving transparency and efficiency in thermoset recycling processes.

What Are the Key Growth Drivers of the Recyclable Thermosets Market?

The growth in the global recyclable thermosets market is driven by several factors, including increasing environmental regulations, advancements in polymer recycling technologies, and the growing demand for sustainable materials in high-performance industries. The expansion of circular economy models in automotive, aerospace, and construction sectors has accelerated investment in recyclable thermoset development. The rise of bio-based alternatives and closed-loop recycling processes is further supporting market expansion. Additionally, the adoption of innovative material recovery methods, such as chemical depolymerization, is making thermoset recycling more viable. As industries continue to seek eco-friendly alternatives without compromising material properties, the recyclable thermosets market is expected to experience robust growth, driving the future of sustainable polymer solutions.

SCOPE OF STUDY:

The report analyzes the Recyclable Thermosets market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Product (Unsaturated Polyester Resins, Polyurethane, Phenol Formaldehydes, Epoxy, Other Products); Application (Construction Application, Energy & Power Application, Automotive Application, Electrical & Electronics Application, Aerospace & Defense Application, Other Applications)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 32 Featured) -

• Adesso Advanced Materials Inc.
• Aditya Birla Chemicals
• BASF SE
• Connora Technologies
• Demacq Recycling Composiet
• ECO-Wolf Inc.
• Evonik Industries
• Fraunhofer Institute for Applied Polymer Research
• GAIKER Technology Center
• Gr3n Recycling
• Hexcel Corporation
• Huntsman Corporation
• INTCO Recycling
• Kingfa Science and Technology
• Mallinda LLC
• MCR Mixt Composites Recyclables
• Mobius Technologies GmbH
• neocomp GmbH
• Northstar Recycling Company, Inc.
• SABIC

TARIFF IMPACT FACTOR

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APRIL 2025: NEGOTIATION PHASE

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