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Fiber-reinforced Plastic (FRP) Recycling Market - Global Industry Size, Share, Trends, Opportunity, & Forecast, 2020-2030- Product Image
Fiber-reinforced Plastic (FRP) Recycling Market - Global Industry Size, Share, Trends, Opportunity, & Forecast, 2020-2030- Product Image
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Fiber-reinforced Plastic (FRP) Recycling Market - Global Industry Size, Share, Trends, Opportunity, & Forecast, 2020-2030

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    Report

  • 184 Pages
  • November 2025
  • Region: Global
  • TechSci Research
  • ID: 5950448
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Glass Fiber-Reinforced Plastic is the fastest growing segment, Asia-Pacific is the largest market globally

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The Global Fiber-reinforced Plastic (FRP) Recycling Market, valued at USD 0.54 Billion in 2024, is projected to experience a CAGR of 5.05% to reach USD 0.67 Billion by 2030. Fiber-reinforced Plastic (FRP) recycling involves the reprocessing of composite materials, typically comprising a polymer matrix reinforced with fibers such as glass or carbon, into reusable raw materials or products. The market's growth is primarily driven by escalating environmental regulations mandating waste reduction and promoting circular economy principles.

Key Market Drivers

The global Fiber-reinforced Plastic FRP recycling market is significantly influenced by increasing environmental regulations and sustainability initiatives. Governments and international bodies are enacting stricter policies to curb plastic waste, reduce landfill dependence, and foster a circular economy. This regulatory pressure mandates more responsible end-of-life management for composite materials, leading to increased disposal costs for unrecyclable waste. For instance, according to Fine Engineering, in May 2024, "COMPOSITE RECYCLING, CLOSING THE LOOP ON COMPOSITE MATERIALS," Austria banned the landfill of all composite materials as of December 31, 2023, creating a substantial driver for recycling solutions. Such regulations compel industries to invest in recycling infrastructure and seek economically viable recycling pathways for FRP waste.

Key Market Challenges

The inherent complexity and high cost associated with separating and recovering valuable fibers from the polymer matrix presents a significant impediment to the growth of the Global Fiber-reinforced Plastic (FRP) Recycling Market. FRP materials consist of diverse polymer types and fiber reinforcements, often chemically bonded, making the disentanglement of these components technically challenging and energy-intensive. This material heterogeneity necessitates specialized, and frequently bespoke, recycling processes which are not easily scalable or universally applicable across all FRP waste streams.

Key Market Trends

The increasing integration of recycled fiber-reinforced plastic (FRP) into manufacturing supply chains marks a significant trend, shifting these materials into valuable components. Driven by manufacturers’ sustainability commitments and circular economy objectives, improved quality and performance of recycled FRP are prompting industry adoption, enhancing resource efficiency. In October 2023, McLaren announced a trial of recycled carbon fiber for its Formula 1 cars during the United States Grand Prix, showcasing high-performance applications and reduced carbon emissions through material integration.

Key Market Players Profiled:

  • Mitsubishi Chemical Advanced Materials GmbH
  • Aeron Composite Pvt. Ltd
  • Carbon Conversions Inc.
  • Carbon Fiber Recycle Industry Co. Ltd
  • Conenor Ltd
  • Eco-Wolf Inc.
  • Global Fiberglass Solutions
  • Karborek S.p.a.
  • MCR Mixt Composites Recyclables SASU

Report Scope:

In this report, the Global Fiber-reinforced Plastic (FRP) Recycling Market has been segmented into the following categories:

By Product Type:

  • Glass Fiber-Reinforced Plastic
  • Carbon Fiber-Reinforced Plastic
  • Others

By Recycling Technique:

  • Thermal/Chemical Recycling
  • Incineration
  • Co-Incineration
  • Mechanical Recycling

By End User Industry:

  • Industrial
  • Transportation
  • Building and Construction
  • Sports
  • Others

By Region:

  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Fiber-reinforced Plastic (FRP) Recycling Market.

Available Customizations:

With the given market data, the publisher offers customizations according to a company's specific needs. The following customization options are available for the report:
  • Detailed analysis and profiling of additional market players (up to five).

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Table of Contents

1. Product Overview
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends
4. Voice of Customer
5. Global Fiber-reinforced Plastic (FRP) Recycling Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Product Type (Glass Fiber-Reinforced Plastic, Carbon Fiber-Reinforced Plastic, Others)
5.2.2. By Recycling Technique (Thermal/Chemical Recycling, Incineration, Co-Incineration, Mechanical Recycling)
5.2.3. By End User Industry (Industrial, Transportation, Building and Construction, Sports, Others)
5.2.4. By Region
5.2.5. By Company (2024)
5.3. Market Map
6. North America Fiber-reinforced Plastic (FRP) Recycling Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Product Type
6.2.2. By Recycling Technique
6.2.3. By End User Industry
6.2.4. By Country
6.3. North America: Country Analysis
6.3.1. United States Fiber-reinforced Plastic (FRP) Recycling Market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Product Type
6.3.1.2.2. By Recycling Technique
6.3.1.2.3. By End User Industry
6.3.2. Canada Fiber-reinforced Plastic (FRP) Recycling Market Outlook
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Product Type
6.3.2.2.2. By Recycling Technique
6.3.2.2.3. By End User Industry
6.3.3. Mexico Fiber-reinforced Plastic (FRP) Recycling Market Outlook
6.3.3.1. Market Size & Forecast
6.3.3.1.1. By Value
6.3.3.2. Market Share & Forecast
6.3.3.2.1. By Product Type
6.3.3.2.2. By Recycling Technique
6.3.3.2.3. By End User Industry
7. Europe Fiber-reinforced Plastic (FRP) Recycling Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Product Type
7.2.2. By Recycling Technique
7.2.3. By End User Industry
7.2.4. By Country
7.3. Europe: Country Analysis
7.3.1. Germany Fiber-reinforced Plastic (FRP) Recycling Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Product Type
7.3.1.2.2. By Recycling Technique
7.3.1.2.3. By End User Industry
7.3.2. France Fiber-reinforced Plastic (FRP) Recycling Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Product Type
7.3.2.2.2. By Recycling Technique
7.3.2.2.3. By End User Industry
7.3.3. United Kingdom Fiber-reinforced Plastic (FRP) Recycling Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Product Type
7.3.3.2.2. By Recycling Technique
7.3.3.2.3. By End User Industry
7.3.4. Italy Fiber-reinforced Plastic (FRP) Recycling Market Outlook
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Value
7.3.4.2. Market Share & Forecast
7.3.4.2.1. By Product Type
7.3.4.2.2. By Recycling Technique
7.3.4.2.3. By End User Industry
7.3.5. Spain Fiber-reinforced Plastic (FRP) Recycling Market Outlook
7.3.5.1. Market Size & Forecast
7.3.5.1.1. By Value
7.3.5.2. Market Share & Forecast
7.3.5.2.1. By Product Type
7.3.5.2.2. By Recycling Technique
7.3.5.2.3. By End User Industry
8. Asia Pacific Fiber-reinforced Plastic (FRP) Recycling Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Product Type
8.2.2. By Recycling Technique
8.2.3. By End User Industry
8.2.4. By Country
8.3. Asia Pacific: Country Analysis
8.3.1. China Fiber-reinforced Plastic (FRP) Recycling Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Product Type
8.3.1.2.2. By Recycling Technique
8.3.1.2.3. By End User Industry
8.3.2. India Fiber-reinforced Plastic (FRP) Recycling Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Product Type
8.3.2.2.2. By Recycling Technique
8.3.2.2.3. By End User Industry
8.3.3. Japan Fiber-reinforced Plastic (FRP) Recycling Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Product Type
8.3.3.2.2. By Recycling Technique
8.3.3.2.3. By End User Industry
8.3.4. South Korea Fiber-reinforced Plastic (FRP) Recycling Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Product Type
8.3.4.2.2. By Recycling Technique
8.3.4.2.3. By End User Industry
8.3.5. Australia Fiber-reinforced Plastic (FRP) Recycling Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Product Type
8.3.5.2.2. By Recycling Technique
8.3.5.2.3. By End User Industry
9. Middle East & Africa Fiber-reinforced Plastic (FRP) Recycling Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Product Type
9.2.2. By Recycling Technique
9.2.3. By End User Industry
9.2.4. By Country
9.3. Middle East & Africa: Country Analysis
9.3.1. Saudi Arabia Fiber-reinforced Plastic (FRP) Recycling Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Product Type
9.3.1.2.2. By Recycling Technique
9.3.1.2.3. By End User Industry
9.3.2. UAE Fiber-reinforced Plastic (FRP) Recycling Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Product Type
9.3.2.2.2. By Recycling Technique
9.3.2.2.3. By End User Industry
9.3.3. South Africa Fiber-reinforced Plastic (FRP) Recycling Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Product Type
9.3.3.2.2. By Recycling Technique
9.3.3.2.3. By End User Industry
10. South America Fiber-reinforced Plastic (FRP) Recycling Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Product Type
10.2.2. By Recycling Technique
10.2.3. By End User Industry
10.2.4. By Country
10.3. South America: Country Analysis
10.3.1. Brazil Fiber-reinforced Plastic (FRP) Recycling Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Product Type
10.3.1.2.2. By Recycling Technique
10.3.1.2.3. By End User Industry
10.3.2. Colombia Fiber-reinforced Plastic (FRP) Recycling Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Product Type
10.3.2.2.2. By Recycling Technique
10.3.2.2.3. By End User Industry
10.3.3. Argentina Fiber-reinforced Plastic (FRP) Recycling Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Product Type
10.3.3.2.2. By Recycling Technique
10.3.3.2.3. By End User Industry
11. Market Dynamics
11.1. Drivers
11.2. Challenges
12. Market Trends & Developments
12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments
13. Global Fiber-reinforced Plastic (FRP) Recycling Market: SWOT Analysis
14. Porter's Five Forces Analysis
14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products
15. Competitive Landscape
15.1. Mitsubishi Chemical Advanced Materials GmbH
15.1.1. Business Overview
15.1.2. Products & Services
15.1.3. Recent Developments
15.1.4. Key Personnel
15.1.5. SWOT Analysis
15.2. Aeron Composite Pvt. Ltd
15.3. Carbon Conversions Inc.
15.4. Carbon Fiber Recycle Industry Co. Ltd
15.5. Conenor Ltd
15.6. Eco-Wolf Inc.
15.7. Global Fiberglass Solutions
15.8. Karborek S.p.a.
15.9. MCR Mixt Composites Recyclables SASU
16. Strategic Recommendations17. About the Publisher & Disclaimer

Companies Mentioned

  • Mitsubishi Chemical Advanced Materials GmbH
  • Aeron Composite Pvt. Ltd
  • Carbon Conversions Inc.
  • Carbon Fiber Recycle Industry Co. Ltd
  • Conenor Ltd
  • Eco-Wolf Inc.
  • Global Fiberglass Solutions
  • Karborek S.p.a.
  • MCR Mixt Composites Recyclables SASU

Table Information

Report AttributeDetails
No. of Pages184
PublishedNovember 2025
Forecast Period2024 - 2030
Estimated Market Value ( USD ) in 2024 $ 0.5 Billion
Forecasted Market Value ( USD ) by 2030 $ 0.67 Billion
Compound Annual Growth Rate5.0%
Regions CoveredGlobal
No. of Companies Mentioned9

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