Fiber Reinforced Plastic (FRP) Recycling Market 2024-2028
The fiber reinforced plastic (FRP) recycling market is forecasted to grow by USD 40.1 mn during 2023-2028, accelerating at a CAGR of 3.4% during the forecast period. The report on the fiber reinforced plastic (FRP) recycling market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by stringent regulations on disposal of composites in europe, growing accumulation of composite waste, and continuous development in field of recycling composites.
Technavio's fiber reinforced plastic (FRP) recycling market is segmented as below:
- By Type
- Carbon fiber
- Glass fiber
- Others
- By Geographical Landscape
- Europe
- North America
- APAC
- South America
- Middle East and Africa
This study identifies the cost-effective alternative as one of the prime reasons driving the fiber reinforced plastic (FRP) recycling market growth during the next few years. Also, incineration and co-incineration recycling technique and high demand for frp composites will lead to sizable demand in the market.
The report on the fiber reinforced plastic (FRP) recycling market covers the following areas:
- Fiber Reinforced Plastic (FRP) Recycling Market sizing
- Fiber Reinforced Plastic (FRP) Recycling Market forecast
- Fiber Reinforced Plastic (FRP) Recycling Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading fiber reinforced plastic (FRP) recycling market vendors that include Aeron Composite Pvt. Ltd, Bedford Reinforced Plastics Inc., Carbon Conversions, Carbon Fiber Recycling Inc., Carbon Fiber Recycle Industry Co. Ltd, Conenor Ltd, DowAksa, Eco Wolf Inc., Gen 2 Carbon Ltd., Global Fiberglass Solutions, Karborek RCF Srl, MCR Mixt Composites Recyclables, Mitsubishi Chemical Group Corp., Neocomp GmbH, PROCOTEX BELGIUM SA, ReFiber ApS, Strongwell Corp., Toray Industries Inc., Ucomposites AS, and Vartega Inc.. Also, the fiber reinforced plastic (FRP) recycling market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.