Fiberglass Recycling Global Market Report 2025

The fiberglass recycling market size has grown strongly in recent years. It will grow from $2.08 billion in 2024 to $2.24 billion in 2025 at a compound annual growth rate (CAGR) of 7.7%. The growth during the historic period can be attributed to the rising amount of fiberglass waste generated from wind energy decommissioning, increasing costs of landfill disposal, heightened awareness of environmental impacts, expanded use of fiberglass in automotive and construction sectors, and growing demand for alternatives to virgin materials.

The fiberglass recycling market size is expected to see strong growth in the next few years. It will grow to $2.99 billion in 2029 at a compound annual growth rate (CAGR) of 7.4%. The growth projected for the forecast period can be credited to stricter government regulations on waste management, increasing demand for sustainable building materials, a rising number of wind turbine retirements, greater investment in recycling technologies, and a stronger focus by manufacturers on circular economy practices. Key trends expected during the forecast period include advancements in chemical recycling methods, ongoing research and development in composite waste processing, increased automation in recycling operations, innovations in sorting and separation technologies, and the development of artificial intelligence applications for recycling systems.

The growing emphasis on environmental sustainability is expected to drive the expansion of the fiberglass recycling market in the coming years. Environmental sustainability involves responsible interactions with the environment to ensure the preservation and maintenance of natural resources for both current and future generations. Increased awareness of sustainability is fueled by stricter government regulations and policies enforcing mandatory recycling standards and eco-friendly industrial practices. Fiberglass recycling supports environmental sustainability by reducing landfill waste and conserving natural resources, playing a vital role in promoting a circular economy. It decreases environmental impact by lowering pollution levels and reducing reliance on virgin materials, contributing to long-term ecological balance. For example, in October 2024, the United States Environmental Protection Agency reported that greenhouse gas emissions reached 322 million metric tons in 2023, marking a 1.4% increase from 2022. Consequently, the rising demand for environmental sustainability is driving growth in the fiberglass recycling market.

Leading companies in the fiberglass recycling market are investing in high-performance recycling technologies, such as closed-loop recycling, to improve material reuse while maintaining quality, enhancing sustainability, and minimizing environmental impact across various industries. Closed-loop recycling refers to the process of recycling materials so they can be reused in the same products or applications without degrading their original quality or performance. For instance, in October 2023, Toray Industries Inc., a Japan-based textile company, introduced a new recycling technology that allows the reuse of glass fiber-reinforced polyphenylene sulfide (PPS-GFRP) while preserving mechanical strength comparable to virgin materials. This innovation enables molded products to contain over 50% recycled content and reduces carbon dioxide emissions by at least 40%, supporting more sustainable and circular use of engineering plastics.

In June 2024, Sibelco, a Belgium-based material solutions firm, acquired Strategic Materials Inc. for an undisclosed sum. Through this acquisition, Sibelco aims to expand its leadership in glass recycling beyond Europe by integrating Strategic Materials’ North American network, strengthening its circular economy business, and building a robust mineral platform to better serve customers across various manufacturing sectors. Strategic Materials Inc. is a US-based recycling company specializing in recycled glass cullet used for fiberglass insulation production.

Major players in the fiberglass recycling market are Veolia Environnement S.A., Toray Industries Inc., Waste Management Inc., Owens Corning, Plasti-Fab Ltd., MBA Polymers Inc., Procotex Corporation SA, Carbon Conversions Inc., Mixt Composites Recyclables GmbH, Ucomposites Ltd., American Fiber Green Products LLC, Paprec Group, Stena Metall AB, Dieffenbacher Group, Conenor Oy, Vartega Inc., Isodan Inc., Gen 2 Carbon Ltd., Eco-Wolf Inc., and Anmet S.A.

North America was the largest region in the fiberglass recycling market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in fiberglass recycling report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the fiberglass recycling market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Fiberglass recycling involves recovering and reprocessing waste fiberglass materials to produce reusable raw materials or new products. Its main objective is to lessen environmental impact by preventing fiberglass waste from ending up in landfills and promoting resource conservation through sustainable reuse. This process helps reduce pollution and fosters a circular economy within the composites industry.

The primary recycling methods in fiberglass recycling include mechanical recycling, chemical recycling, and thermal recycling. Mechanical recycling entails physically breaking down used materials, such as plastics or composites, into smaller pieces that can be melted and reshaped into new products without altering their chemical composition. This process is categorized based on the type of fiberglass used, including E-glass, S-glass, and C-glass. Recycled fiberglass finds applications in various sectors such as construction, automotive, aerospace, marine, wind energy, and others, with end users including manufacturers, recyclers, government agencies, and more.

The fiberglass recycling market research report is one of a series of new reports that provides fiberglass recycling market statistics, including the fiberglass recycling industry global market size, regional shares, competitors with the fiberglass recycling market share, detailed fiberglass recycling market segments, market trends, and opportunities, and any further data you may need to thrive in the fiberglass recycling industry. This fiberglass recycling market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The fiberglass recycling market consists of revenues earned by entities by providing services such as collection and transportation of fiberglass waste, processing and reprocessing of fiberglass materials, sorting and separation of recyclable components, and consulting or advisory services. The market value includes the value of related goods sold by the service provider or included within the service offering. The fiberglass recycling market also includes sales of reprocessed glass fibers, fiberglass mats, composite panels, and pellets. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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