Global Onshore Wind Turbine Scrapping and Recycling Market 2023 by Company, Regions, Type and Application, Forecast to 2029
According to our (Global Info Research) latest study, the global Onshore Wind Turbine Scrapping and Recycling market size was valued at USD 30 million in 2022 and is forecast to a readjusted size of USD 275.8 million by 2029 with a CAGR of 37.2% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The major global manufacturers of onshore wind turbine scrapping and recycling are HJHansen Recycling Group, Schnitzer Steel, Belson Steel, Veolia, Stena Recycling, Carbon Rivers, and Fengnuo Environmental, etc. The largest producer is HJHansen Recycling Group, with a market share of 15.71%. Global onshore wind turbine scrapping and recycling production regions are mainly located in North America, Europe, China, Japan and so on. The consumer markets are mainly located in North America, Europe, China, etc., with Europe having the largest market share at 85.73%. In terms of its product category, mechanical processes has the highest market share of over 99%. In terms of its application, the steel&iron industry is its top application area, accounting for 54.07% of the market share, followed by copper industry and permanent magnet industry, with 29.7% and 10.53% respectively.
Wind turbines are made up of many materials that have substantial salvage value at the end of its operational life and are recyclable. In fact, 80-94% of a wind turbine’s mass consists of easily recycled materials, such as steel / iron (approximately 88% of a turbine’s mass), aluminum (approximately 0.7%), and copper (approximately 2.7%). Other wind turbine components such as blades, nacelle covers and rotor covers are made of up composite materials, mostly fiberglass and carbon fiber, which, while nontoxic and safe, are more difficult to process for other purposes. However, these components make up roughly only 8% of a wind turbine’s total mass.
In addition, as described more below, the wind energy industry and other partners are expanding options to recycle and reuse even these historically tougher to process materials. While wind energy projects are expected to operate for 20 to 35 years, individual wind turbine components like rotor blades and covers may need upgrading or replacing sooner because of normal wear from exposure to the elements, or improvements in technology.
This report is a detailed and comprehensive analysis for global Onshore Wind Turbine Scrapping and Recycling market. Both quantitative and qualitative analyses are presented by company, by region & country, by Treatment Method and by Material. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Onshore Wind Turbine Scrapping and Recycling market size and forecasts, in consumption value ($ Million), 2018-2029
Global Onshore Wind Turbine Scrapping and Recycling market size and forecasts by region and country, in consumption value ($ Million), 2018-2029
Global Onshore Wind Turbine Scrapping and Recycling market size and forecasts, by Treatment Method and by Material, in consumption value ($ Million), 2018-2029
Global Onshore Wind Turbine Scrapping and Recycling market shares of main players, in revenue ($ Million), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Onshore Wind Turbine Scrapping and Recycling
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Onshore Wind Turbine Scrapping and Recycling market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include HJHansen Recycling Group, Schnitzer Steel, Belson Steel, Veolia and Stena Recycling, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market segmentation
Onshore Wind Turbine Scrapping and Recycling market is split by Treatment Method and by Material. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Treatment Method and by Material. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Treatment Method
Mechanical Processes
Thermal Processes
Thermo-chemical Processes
Market segment by Material
Steel & Iron
Copper
Aluminum
Permanent Magnet
Composites
Market segment by players, this report covers
HJHansen Recycling Group
Schnitzer Steel
Belson Steel
Veolia
Stena Recycling
Carbon Rivers
Fengnuo Environmental
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Onshore Wind Turbine Scrapping and Recycling product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Onshore Wind Turbine Scrapping and Recycling, with revenue, gross margin and global market share of Onshore Wind Turbine Scrapping and Recycling from 2018 to 2023.
Chapter 3, the Onshore Wind Turbine Scrapping and Recycling competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Treatment Method and application, with consumption value and growth rate by Treatment Method, application, from 2018 to 2029.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Onshore Wind Turbine Scrapping and Recycling market forecast, by regions, treatment method and material, with consumption value, from 2024 to 2029.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War
Chapter 12, the key raw materials and key suppliers, and industry chain of Onshore Wind Turbine Scrapping and Recycling.
Chapter 13, to describe Onshore Wind Turbine Scrapping and Recycling research findings and conclusion.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook