The Fiber Reinforced Plastic Recycling Market size was valued at USD 487.98 Mn. in 2024, and the total Fiber Reinforced Plastic Recycling revenue is expected to grow at a CAGR of 8.2% from 2025 to 2032, reaching nearly USD 916.68 Mn.Fiber Reinforced Plastic Recycling Market Overview
Fiber-reinforced plastic recycling involves reprocessing composite waste (carbon or glass fiber embedded in plastic) into reusable materials through mechanical, thermal, or chemical methods. It supports circular economy goals by transforming end-of-life aerospace, automotive, and wind turbine components into high-value raw materials, reducing landfill waste and costs. Fiber Reinforced Plastic Recycling Market Recent DevelopmentThe Fiber-Reinforced Plastic Recycling Market is experiencing dynamic growth fueled by technological advancements, such as pyrolysis and solvolysis, which enable high-purity fiber recovery. While cost and infrastructure challenges hinder scalability. Environmental regulations and corporate sustainability goals are creating opportunities. The market is segmented by material type (glass-fiber leads), recycling technology (mechanical recycling is the most adopted), and end-use industries (wind energy is the largest sector). Europe dominates the Fiber Reinforced Plastic Recycling Market, and Asia-Pacific is the fastest-growing region, driven by industrialization and government initiatives, though it lags in advanced recycling tech. Key players such as ELG Carbon Fibre (UK), Toray Industries (Japan), and Carbon Conversions (USA) lead the competitive landscape, leveraging scale, aerospace/auto partnerships, and regulatory-driven innovation to stay ahead in this evolving circular economy.
Date Company Name Recent Development January-15-2024 ELG Carbon Fibre Ltd. (UK) Expanded Ohio facility to 12,000-ton annual capacity – now the world’s largest carbon fiber recycler and fiber recycling system supplier, serving automotive and aerospace industries. February-8-2024 Vartega Inc. (USA) Secured 5-year supply contract with Ford for recycled carbon fiber in F-150 truck components, partnering with a leading fiber recycling system manufacturer to ensure high-quality material supply. March-22-2024 Toray Industries (Japan) Signed development agreement with Toyota for recycled CFRP in EV battery casings (2025 production target) To know about the Research Methodology :- Request Free Sample Report
Fiber Reinforced Plastic Recycling Market Dynamics
Technological Innovations to Drive Fiber Reinforced Plastic Recycling Market Growth Technological innovation Fiber Reinforced Plastic Recycling market growth is accelerating, with advanced fiber recovery and advanced methods such as pyrolysis, solvolysis, and microwave-assisted recycling. Success in mechanical showering and enzymatic decline reduces costs, while recovering high-purity carbon fibers (maintaining 90% strength) supports aerospace and motor vehicle demand. R&D investment and industry cooperation further drive environmentally friendly solutions. Cost, Quality and Infrastructure Create Challenge for Market Fiber Reinforced Plastic Recycling Growth High costs (recycling at $1,500/ton vs. $300/ton landfilling), fiber degradation (30-40% strength loss), and limited infrastructure (only 25% of global facilities equipped for FRP by 2025) will challenge market growth. However, pyrolysis/solvolysis advancements could reduce costs by 30% by 2032, while tightening regulations (e.g., EU’s 75% recycling mandate) and $ 2 B+ infrastructure investments. Environmental Regulations and Corporate Sustainability to Create Fiber Reinforced Plastic Recycling Market Opportunity Environmental regulations and corporate stability targets create a reinforced recycling Market Opportunity. By 2032 (European Commission, 2023), 70% of plastic packaging waste will be reduced by strict policies, such as the European Union mandate to recycle waste. Advanced pyrolysis and chemical recycling methods now recover up to 90% fiber strength, which are able to reuse high-value materials in motor vehicles, wind energy, and construction areas-out of which more than 12 million tonnes of FRP later generates more than waste. Corporate net-energy commitments are also demanding; 60% of Fortune is now promising to integrate recycled materials with 500 companies in its supply chains. The rise of a circular economy model supported by $ 15 billion in global investment for plastic recycling innovations is creating attractive opportunities for investors and technology providers. Fiber Reinforced Plastic Recycling Market Opportunities (2024–2032): Regulations & Sustainability
Factor Impact on FRP Recycling Market (2024–2032) Global Plastic Waste Treaty (2025) Binding UN agreement to ban non-recyclable composites by 2030. Corporate Net-Zero Commitments 80% of S&P 500 firms to use 30% recycled FRP in products by 2032. Fiber Reinforced Plastic Recycling Market Segment Analysis
Based on Material Type, the Fiber Reinforced Plastic Recycling market is segmented into Glass-Fiber Reinforced Plastic, Carbon-Fiber Reinforced Plastic. Glass-Fiber Reinforced Plastic Segment has dominated the Fiber Reinforced Plastic Recycling market in 2024 and is expected to hold the largest market share over the forecast period. Due to their extensive use in high-volume applications like wind turbine blades, construction materials, and automotive components, where cost-effectiveness outweighs the need for premium material properties. Primarily due to its low cost ($3-5/kg) and high-volume applications in construction and Automotive Demand. Based on Recycling Technology, the Reinforced Plastic Recycling market is segmented into Mechanical Recycling, Thermal Recycling (Pyrolysis, Fluidized Bed), Chemical Recycling (Solvolysis, Enzymatic), and Emerging Methods. Mechanical Recycling Segment has dominated the Fiber Reinforced Plastic Recycling market in 2024 and is expected to hold the largest market share over the forecast period. Due to its lower operational costs and simpler infrastructure requirements. As the most established method, it effectively processes the high-volume, low-value materials to manufacture and use as filters in motor vehicle applications through Peace.Based on End-Use Industry, the Fiber Reinforced Plastic Recycling market is segmented into Automotive, Wind Energy, Aerospace, Construction and Infrastructure, Consumer Goods, and Others. The Construction and infrastructure Segment has dominated the Fiber Reinforced Plastic Recycling market in 2024 and is expected to hold the largest market share over the forecast period. Due to the increasing demand for sustainable and cost-effective materials in building projects. According to industry reports, this segment accounts for over 35% of the global FRP recycling market share, owing to the widespread use of recycled FRP in structural components, panels, and insulation materials. The push for green building certifications (like LEED) and stringent environmental regulations are key factor fueling this dominance. Additionally, the automotive and aerospace industries follow closely, contributing around 25-30%, as they adopt recycled FRP for lightweight, high-strength parts to meet emission norms. The construction sector's lead is further reinforced by government initiatives promoting circular economy practices, particularly in Europe and North America, where 60% of recycled FRP is utilized in infrastructure development.
Fiber Reinforced Plastic Recycling Market Regional Analysis
Europe Dominates the Fiber Reinforced Plastic Recycling Market
Europe dominates the FRP recycling market, holding over 45 % global share in 2024, driven by stringent EU regulations like landfill bans and Circular Economy Action Plan targets mandating 70% composite recycling rates. The region processes 50% of the world's wind turbine blade waste, with industry leaders like Siemens Gamesa and Vestas pioneering scalable solutions. Heavy R&D investments (e.g., Horizon Europe's Fiber Use project) and mature recycling infrastructure further solidify its lead, Asia-Pacific (30%) grows rapidly, regulations and policies. And whileNorth America (25% share) trails due to fragmented state policies,
The Asia-Pacific Is the Fastest Growing Fiber Reinforced Plastic Recycling Market The Asia-Pacific 2024 is the fastest-growing Fiber Reinforced Plastic recycling market, which is run by government initiatives such as rapid industrialization (China, India), rising wind turbine waste, and China's "zero waste cities". Litter in advanced tech, its cost-effective mechanical recycling and fuel in booming construction/motor vehicle areas, outpacing Europe and North America’s more mature but slower-expanding markets.Fiber Reinforced Plastic Recycling Market Competitive Landscape
The ELG Carbon Fibre (UK), the market leader with 8,000+ tons/year capacity and partnerships with Boeing/BMW; Toray Industries (Japan), dominating virgin and recycled carbon fiber with Airbus collaborations; Carbon Conversions (USA), specializing in aerospace-grade recycled carbon fiber; SIGRA Composite (Germany), a pioneer in solvolysis-based recycling for wind turbine blades; and Mitsubishi Chemical (Japan), advancing pyrolysis tech for automotive CFRP. These leaders excel due to scale (ELG, Toray), aerospace/auto focus (Carbon Conversions, Mitsubishi), and EU regulatory-driven innovation (SIGRA), outpacing rivals in technology and circular economy integration.Fiber Reinforced Plastic Recycling Market Scope: Inquire before buying
Fiber Reinforced Plastic Recycling Market Report Coverage Details Base Year: 2024 Forecast Period: 2025-2032 Historical Data: 2019 to 2024 Market Size in 2024: USD 487.98 Mn. Forecast Period 2025 to 2032 CAGR: 8.2% Market Size in 2032: USD 916.68 Mn. Segments Covered: by Material Type Glass Fiber Reinforced Plastics Carbon Fiber Reinforced Plastics by Recycling Technology Mechanical Recycling Thermal Recycling (Pyrolysis, Fluidized Bed) Chemical Recycling (Solvolysis, Enzymatic) Emerging Methods by End-Users Construction and Infrastructure Wind Energy Automotive Aerospace Wind Energy Consumer Goods Others Fiber Reinforced Plastic Recycling Market, by Region
North America (United States, Canada, and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, and the Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Philippines, Thailand, and the Rest of Asia Pacific) Middle East and Africa (South Africa, GCC, Egypt, Nigeria, and Rest of ME&A) South America (Brazil, Argentina, Rest of South America)Leading Players in the Fiber Reinforced Plastic Recycling are:
North America 1. Carbon Conversions, Inc. – South Carolina, USA 2. Vartega Inc. – Colorado, USA 3. Shocker Composites LLC – Kansas, USA 4. MIT-RCF (Materials Innovation Technologies) – North Carolina, USA 5. ELG Carbon Fibre Ltd. – Ohio, USA Europe 1. SIGRA Composite – Germany 2. ELG Carbon Fibre Ltd. – UK 3. Recyclable Carbon Fiber Ltd. – UK 4. Carbon Fiber Recycling – Netherlands 5. FiberEUse (EU-funded consortium) – Multi-country (Italy-led) 6. Composites Evolution Ltd. – UK (Recycled flax/carbon fibers) 7. ECOBULK (EU Horizon 2020 Project) – Spain/Germany Asia Pacific 1. Toray Industries, Inc. - Japan 2. Mitsubishi Chemical Corporation - Japan 3. Carbon Nexus - Australia 4. Jiangsu Jiuding New Material Co., Ltd. - China 5. Hadeg Recycling - India 6. Karborek Recycling - India Middle East and Africa 1. Carbon Middle East – UAE 2. SABIC – Saudi Arabia 3. Enviroserve – UAE 4. Taha Asia Carbon Fiber – South Africa 5. Mectech Fibre Glass – Egypt South America 1. Tecniplas – Brazil 2. Elekeiroz – Brazil 3. Carborec – Argentina 4. Polimeros Reciclados – Chile 5. Ecofibras – ColombiaFrequently Asked Questions
Q1: Why does Europe dominate the Reinforced Plastic recycling market? Ans: Europe leads due to stringent EU regulations (landfill bans, Circular Economy Action Plan) and advanced recycling infrastructure. The region processes 60% of global wind turbine blade waste, supported by heavy R&D investments. Q2: What limits widespread adoption of chemical recycling for Fiber Reinforced Plastic recycling market? Ans: High costs and complex processes restrict chemical recycling, despite its superior fiber recovery. Mechanical recycling remains preferred for its affordability and simplicity, handling 60–70% of FRP waste. Q3: Which end-use industry drives the most market? Ans: the construction and infrastructure sector is dominating the Fiber Reinforced Plastic (FRP) Recycling market, driven The construction and infrastructure sector dominates the FRP recycling market, holding 35-40% share in 2024, due to high demand for sustainable building materials and strict green regulations. The wind energy segment is the fastest-growing, driven by turbine blade recycling and circular economy policies in renewables. Q4: How does Asia-Pacific’s Reinforced Plastic recycling growth compare to Europe’s? Ans: Asia-Pacific grows fastest (China’s "Zero Waste Cities") but lacks advanced tech, relying on cost-effective mechanical recycling. Europe’s mature policies and infrastructure ensure higher recycling rates. Q5: What competitive edge do leaders like ELG Carbon Fibre hold? Ans: ELG’s 8,000-ton/year capacity and partnerships (Boeing, BMW) exemplify scale, while Toray and Mitsubishi Chemical lead in closed-loop recycling for aerospace/auto sectors. Q6. Who are the top 3 companies leading the Global Fiber Reinforced Plastic Recycling Market, and what gives them a competitive edge? Ans: The top 3 are ELG Carbon Fibre (UK) (scale: 8,000+ tons/year, Boeing/BMW partnerships), Toray Industries (Japan) (virgin + recycled carbon fiber leader, Airbus collaborations), and Carbon Conversions (USA) (aerospace-grade recycling). Their edge comes from advanced tech, industry partnerships, and regulatory-aligned circular economy solutions.
1. Fiber Reinforced Plastic Recycling Market Introduction 1.1. Study Assumptions and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Global Fiber Reinforced Plastic Recycling Market: Competitive Landscape 2.1. Ecosystem Analysis 2.2. MMR Competition Matrix 2.3. Competitive Landscape 2.4. Key Players Benchmarking 2.4.1. Company Name 2.4.2. Business Segment 2.4.3. End-user Segment 2.4.4. Revenue (2024) 2.4.5. Company Locations 2.5. Market Structure 2.5.1. Market Leaders 2.5.2. Market Followers 2.5.3. Emerging Players 2.6. Mergers and Acquisitions Details 3. Fiber Reinforced Plastic Recycling Market: Dynamics 3.1. Fiber Reinforced Plastic Recycling Market Trends by Region 3.1.1. North America Fiber Reinforced Plastic Recycling Market Trends 3.1.2. Europe Fiber Reinforced Plastic Recycling Market Trends 3.1.3. Asia Pacific Fiber Reinforced Plastic Recycling Market Trends 3.1.4. Middle East and Africa Fiber Reinforced Plastic Recycling Market Trends 3.1.5. South America Fiber Reinforced Plastic Recycling Market Trends 3.2. Fiber Reinforced Plastic Recycling Market Dynamics 3.2.1. Fiber Reinforced Plastic Recycling Market Drivers 3.2.2. Fiber Reinforced Plastic Recycling Market Restraints 3.2.3. Fiber Reinforced Plastic Recycling Market Opportunities 3.2.4. Fiber Reinforced Plastic Recycling Market Challenges 3.3. PORTER’s Five Forces Analysis 3.4. PESTLE Analysis 3.5. Regulatory Landscape by Region 3.5.1. North America 3.5.2. Europe 3.5.3. Asia Pacific 3.5.4. Middle East and Africa 3.5.5. South America 3.6. Key Opinion Leader Analysis for Fiber Reinforced Plastic Recycling Industry 4. Fiber Reinforced Plastic Recycling Market: Global Market Size and Forecast by Segmentation (by Value in USD Mn) (2024-2032) 4.1. Fiber Reinforced Plastic Recycling Market Size and Forecast, By Material Type (2024-2032) 4.1.1. Glass Fiber Reinforced Plastics 4.1.2. Carbon Fiber Reinforced Plastics 4.2. Fiber Reinforced Plastic Recycling Market Size and Forecast, By Recycling Technology (2024-2032) 4.2.1. Mechanical Recycling 4.2.2. Thermal Recycling (Pyrolysis, Fluidized Bed) 4.2.3. Chemical Recycling (Solvolysis, Enzymatic) 4.2.4. Emerging Methods 4.3. Fiber Reinforced Plastic Recycling Market Size and Forecast, By End- Users (2024-2032) 4.3.1. Construction and Infrastructure 4.3.2. Automotive 4.3.3. Aerospace 4.3.4. Wind Energy 4.3.5. Consumer Goods 4.3.6. Others 4.4. Fiber Reinforced Plastic Recycling Market Size and Forecast, By Region (2024-2032) 4.4.1. North America 4.4.2. Europe 4.4.3. Asia Pacific 4.4.4. Middle East and Africa 4.4.5. South America 5. North America Fiber Reinforced Plastic Recycling Market Size and Forecast by Segmentation (by Value in USD Mn) (2024-2032) 5.1. North America Fiber Reinforced Plastic Recycling Market Size and Forecast, By Material Type (2024-2032) 5.1.1. Glass Fiber Reinforced Plastics 5.1.2. Carbon Fiber Reinforced Plastics 5.2. North America Fiber Reinforced Plastic Recycling Market Size and Forecast, By Recycling Technology (2024-2032) 5.2.1. Mechanical Recycling 5.2.2. Thermal Recycling (Pyrolysis, Fluidized Bed) 5.2.3. Chemical Recycling (Solvolysis, Enzymatic) 5.2.4. Emerging Methods 5.3. North America Fiber Reinforced Plastic Recycling Market Size and Forecast, By End- Users (2024-2032) 5.3.1. Construction and Infrastructure 5.3.2. Automotive 5.3.3. Aerospace 5.3.4. Wind Energy 5.3.5. Consumer Goods 5.3.6. Others 5.4. North America Fiber Reinforced Plastic Recycling Market Size and Forecast, by Country (2024-2032) 5.4.1. United States 5.4.1.1. United States Fiber Reinforced Plastic Recycling Market Size and Forecast, By Material Type (2024-2032) 5.4.1.1.1. Glass Fiber Reinforced Plastics 5.4.1.1.2. Carbon Fiber Reinforced Plastics 5.4.1.2. United States Fiber Reinforced Plastic Recycling Market Size and Forecast, By Recycling Technology (2024-2032) 5.4.1.2.1. Mechanical Recycling 5.4.1.2.2. Thermal Recycling (Pyrolysis, Fluidized Bed) 5.4.1.2.3. Chemical Recycling (Solvolysis, Enzymatic) 5.4.1.2.4. Emerging Methods 5.4.1.3. United States Fiber Reinforced Plastic Recycling Market Size and Forecast, By End- Users (2024-2032) 5.4.1.3.1. Construction and Infrastructure 5.4.1.3.2. Automotive 5.4.1.3.3. Aerospace 5.4.1.3.4. Wind Energy 5.4.1.3.5. Consumer Goods 5.4.1.3.6. Others 5.4.2. Canada 5.4.2.1. Canada Fiber Reinforced Plastic Recycling Market Size and Forecast, By Material Type (2024-2032) 5.4.2.1.1. Glass Fiber Reinforced Plastics 5.4.2.1.2. Carbon Fiber Reinforced Plastics 5.4.2.2. Canada Fiber Reinforced Plastic Recycling Market Size and Forecast, By Recycling Technology (2024-2032) 5.4.2.2.1. Mechanical Recycling 5.4.2.2.2. Thermal Recycling (Pyrolysis, Fluidized Bed) 5.4.2.2.3. Chemical Recycling (Solvolysis, Enzymatic) 5.4.2.2.4. Emerging Methods 5.4.3. Canada Fiber Reinforced Plastic Recycling Market Size and Forecast, By End- Users Industry (2024-2032) 5.4.3.1.1. Construction and Infrastructure 5.4.3.1.2. Automotive 5.4.3.1.3. Aerospace 5.4.3.1.4. Wind Energy 5.4.3.1.5. Consumer Goods 5.4.3.1.6. Others 5.4.4. Mexico 5.4.4.1. Mexico Fiber Reinforced Plastic Recycling Market Size and Forecast, By Material Type (2024-2032) 5.4.4.1.1. Glass Fiber Reinforced Plastics 5.4.4.1.2. Carbon Fiber Reinforced Plastics 5.4.4.2. Mexico Fiber Reinforced Plastic Recycling Market Size and Forecast, By Recycling Technology (2024-2032) 5.4.4.2.1. Mechanical Recycling 5.4.4.2.2. Thermal Recycling (Pyrolysis, Fluidized Bed) 5.4.4.2.3. Chemical Recycling (Solvolysis, Enzymatic) 5.4.4.2.4. Emerging Methods 5.4.4.3. Mexico Fiber Reinforced Plastic Recycling Market Size and Forecast, By End- Users (2024-2032) 5.4.4.3.1. Construction and Infrastructure 5.4.4.3.2. Automotive 5.4.4.3.3. Aerospace 5.4.4.3.4. Wind Energy 5.4.4.3.5. Consumer Goods 5.4.4.3.6. Others 6. Europe Fiber Reinforced Plastic Recycling Market Size and Forecast by Segmentation (by Value in USD Mn) (2024-2032) 6.1. Europe Fiber Reinforced Plastic Recycling Market Size and Forecast, By Material Type (2024-2032) 6.2. Europe Fiber Reinforced Plastic Recycling Market Size and Forecast, By Recycling Technology (2024-2032) 6.3. Europe Fiber Reinforced Plastic Recycling Market Size and Forecast, By End- Users (2024-2032) 6.4. Europe Fiber Reinforced Plastic Recycling Market Size and Forecast, by Country (2024-2032) 6.4.1. United Kingdom 6.4.1.1. United Kingdom Fiber Reinforced Plastic Recycling Market Size and Forecast, By Material Type (2024-2032) 6.4.1.2. United Kingdom Fiber Reinforced Plastic Recycling Market Size and Forecast, By Recycling Technology (2024-2032) 6.4.1.3. United Kingdom Fiber Reinforced Plastic Recycling Market Size and Forecast, By End- Users (2024-2032) 6.4.2. France 6.4.2.1. France Fiber Reinforced Plastic Recycling Market Size and Forecast, By Material Type (2024-2032) 6.4.2.2. France Fiber Reinforced Plastic Recycling Market Size and Forecast, By Recycling Technology (2024-2032) 6.4.2.3. France Fiber Reinforced Plastic Recycling Market Size and Forecast, By End- Users (2024-2032) 6.4.3. Germany 6.4.3.1. Germany Fiber Reinforced Plastic Recycling Market Size and Forecast, By Material Type (2024-2032) 6.4.3.2. Germany Fiber Reinforced Plastic Recycling Market Size and Forecast, By Recycling Technology (2024-2032) 6.4.3.3. Germany Fiber Reinforced Plastic Recycling Market Size and Forecast, By End- Users (2024-2032) 6.4.4. Italy 6.4.4.1. Italy Fiber Reinforced Plastic Recycling Market Size and Forecast, By Material Type (2024-2032) 6.4.4.2. Italy Fiber Reinforced Plastic Recycling Market Size and Forecast, By Recycling Technology (2024-2032) 6.4.4.3. Italy Fiber Reinforced Plastic Recycling Market Size and Forecast, By End- Users (2024-2032) 6.4.5. Spain 6.4.5.1. Spain Fiber Reinforced Plastic Recycling Market Size and Forecast, By Material Type (2024-2032) 6.4.5.2. Spain Fiber Reinforced Plastic Recycling Market Size and Forecast, By Recycling Technology (2024-2032) 6.4.5.3. Spain Fiber Reinforced Plastic Recycling Market Size and Forecast, By End- Users (2024-2032) 6.4.6. Sweden 6.4.6.1. Sweden Fiber Reinforced Plastic Recycling Market Size and Forecast, By Material Type (2024-2032) 6.4.6.2. Sweden Fiber Reinforced Plastic Recycling Market Size and Forecast, By Recycling Technology (2024-2032) 6.4.6.3. Sweden Fiber Reinforced Plastic Recycling Market Size and Forecast, By End- Users (2024-2032) 6.4.7. Austria 6.4.7.1. Austria Fiber Reinforced Plastic Recycling Market Size and Forecast, By Material Type (2024-2032) 6.4.7.2. Austria Fiber Reinforced Plastic Recycling Market Size and Forecast, By Recycling Technology (2024-2032) 6.4.7.3. Austria Fiber Reinforced Plastic Recycling Market Size and Forecast, By End- Users (2024-2032) 6.4.8. Rest of Europe 6.4.8.1. Rest of Europe Fiber Reinforced Plastic Recycling Market Size and Forecast, By Material Type (2024-2032) 6.4.8.2. Rest of Europe Fiber Reinforced Plastic Recycling Market Size and Forecast, By Recycling Technology (2024-2032) 6.4.8.3. Rest of Europe Fiber Reinforced Plastic Recycling Market Size and Forecast, By End- Users (2024-2032) 7. Asia Pacific Fiber Reinforced Plastic Recycling Market Size and Forecast by Segmentation (by Value in USD Mn) (2024-2032) 7.1. Asia Pacific Fiber Reinforced Plastic Recycling Market Size and Forecast, By Material Type (2024-2032) 7.2. Asia Pacific Fiber Reinforced Plastic Recycling Market Size and Forecast, By Recycling Technology (2024-2032) 7.3. Asia Pacific Fiber Reinforced Plastic Recycling Market Size and Forecast, By End- Users (2024-2032) 7.4. Asia Pacific Fiber Reinforced Plastic Recycling Market Size and Forecast, by Country (2024-2032) 7.4.1. China 7.4.1.1. China Fiber Reinforced Plastic Recycling Market Size and Forecast, By Material Type (2024-2032) 7.4.1.2. China Fiber Reinforced Plastic Recycling Market Size and Forecast, By Recycling Technology (2024-2032) 7.4.1.3. China Fiber Reinforced Plastic Recycling Market Size and Forecast, By End- Users (2024-2032) 7.4.2. S Korea 7.4.2.1. S Korea Fiber Reinforced Plastic Recycling Market Size and Forecast, By Material Type (2024-2032) 7.4.2.2. S Korea Fiber Reinforced Plastic Recycling Market Size and Forecast, By Recycling Technology (2024-2032) 7.4.2.3. S Korea Fiber Reinforced Plastic Recycling Market Size and Forecast, By End- Users (2024-2032) 7.4.3. Japan 7.4.3.1. Japan Fiber Reinforced Plastic Recycling Market Size and Forecast, By Material Type (2024-2032) 7.4.3.2. Japan Fiber Reinforced Plastic Recycling Market Size and Forecast, By Recycling Technology (2024-2032) 7.4.3.3. Japan Fiber Reinforced Plastic Recycling Market Size and Forecast, By End- Users (2024-2032) 7.4.4. India 7.4.4.1. India Fiber Reinforced Plastic Recycling Market Size and Forecast, By Material Type (2024-2032) 7.4.4.2. India Fiber Reinforced Plastic Recycling Market Size and Forecast, By Recycling Technology (2024-2032) 7.4.4.3. India Fiber Reinforced Plastic Recycling Market Size and Forecast, By End- Users (2024-2032) 7.4.5. Australia 7.4.5.1. Australia Fiber Reinforced Plastic Recycling Market Size and Forecast, By Material Type (2024-2032) 7.4.5.2. Australia Fiber Reinforced Plastic Recycling Market Size and Forecast, By Recycling Technology (2024-2032) 7.4.5.3. Australia Fiber Reinforced Plastic Recycling Market Size and Forecast, By End- Users (2024-2032) 7.4.6. Indonesia 7.4.6.1. Indonesia Fiber Reinforced Plastic Recycling Market Size and Forecast, By Material Type (2024-2032) 7.4.6.2. Indonesia Fiber Reinforced Plastic Recycling Market Size and Forecast, By Recycling Technology (2024-2032) 7.4.6.3. Indonesia Fiber Reinforced Plastic Recycling Market Size and Forecast, By End- Users (2024-2032) 7.4.7. Philippines 7.4.7.1. Philippines Fiber Reinforced Plastic Recycling Market Size and Forecast, By Material Type (2024-2032) 7.4.7.2. Philippines Fiber Reinforced Plastic Recycling Market Size and Forecast, By Recycling Technology (2024-2032) 7.4.7.3. Philippines Fiber Reinforced Plastic Recycling Market Size and Forecast, By End- Users (2024-2032) 7.4.8. Malaysia 7.4.8.1. Malaysia Fiber Reinforced Plastic Recycling Market Size and Forecast, By Material Type (2024-2032) 7.4.8.2. Malaysia Fiber Reinforced Plastic Recycling Market Size and Forecast, By Recycling Technology (2024-2032) 7.4.8.3. Malaysia Fiber Reinforced Plastic Recycling Market Size and Forecast, By End- Users (2024-2032) 7.4.9. Vietnam 7.4.9.1. Vietnam Fiber Reinforced Plastic Recycling Market Size and Forecast, By Material Type (2024-2032) 7.4.9.2. Vietnam Fiber Reinforced Plastic Recycling Market Size and Forecast, By Recycling Technology (2024-2032) 7.4.9.3. Vietnam Fiber Reinforced Plastic Recycling Market Size and Forecast, By End- Users (2024-2032) 7.4.10. Thailand 7.4.10.1. Thailand Fiber Reinforced Plastic Recycling Market Size and Forecast, By Material Type (2024-2032) 7.4.10.2. Thailand Fiber Reinforced Plastic Recycling Market Size and Forecast, By Recycling Technology (2024-2032) 7.4.10.3. Thailand Fiber Reinforced Plastic Recycling Market Size and Forecast, By End- Users (2024-2032) 7.4.11. Rest of Asia Pacific 7.4.11.1. Rest of Asia Pacific Fiber Reinforced Plastic Recycling Market Size and Forecast, By Material Type (2024-2032) 7.4.11.2. Rest of Asia Pacific Fiber Reinforced Plastic Recycling Market Size and Forecast, By Recycling Technology (2024-2032) 7.4.11.3. Rest of Asia Pacific Fiber Reinforced Plastic Recycling Market Size and Forecast, By End- Users (2024-2032) 8. Middle East and Africa Fiber Reinforced Plastic Recycling Market Size and Forecast by Segmentation (by Value in USD Mn) (2024-2032) 8.1. Middle East and Africa Fiber Reinforced Plastic Recycling Market Size and Forecast, By Material Type (2024-2032) 8.2. Middle East and Africa Fiber Reinforced Plastic Recycling Market Size and Forecast, By Recycling Technology (2024-2032) 8.3. Middle East and Africa Fiber Reinforced Plastic Recycling Market Size and Forecast, By End- Users (2024-2032) 8.4. Middle East and Africa Fiber Reinforced Plastic Recycling Market Size and Forecast, by Country (2024-2032) 8.4.1. South Africa 8.4.1.1. South Africa Fiber Reinforced Plastic Recycling Market Size and Forecast, By Material Type (2024-2032) 8.4.1.2. South Africa Fiber Reinforced Plastic Recycling Market Size and Forecast, By Recycling Technology (2024-2032) 8.4.1.3. South Africa Fiber Reinforced Plastic Recycling Market Size and Forecast, By End- Users (2024-2032) 8.4.2. GCC 8.4.2.1. GCC Fiber Reinforced Plastic Recycling Market Size and Forecast, By Material Type (2024-2032) 8.4.2.2. GCC Fiber Reinforced Plastic Recycling Market Size and Forecast, By Recycling Technology (2024-2032) 8.4.2.3. GCC Fiber Reinforced Plastic Recycling Market Size and Forecast, By End- Users (2024-2032) 8.4.3. Nigeria 8.4.3.1. Nigeria Fiber Reinforced Plastic Recycling Market Size and Forecast, By Material Type (2024-2032) 8.4.3.2. Nigeria Fiber Reinforced Plastic Recycling Market Size and Forecast, By Recycling Technology (2024-2032) 8.4.3.3. Nigeria Fiber Reinforced Plastic Recycling Market Size and Forecast, By End- Users (2024-2032) 8.4.4. Rest of ME&A 8.4.4.1. Rest of ME&A Fiber Reinforced Plastic Recycling Market Size and Forecast, By Material Type (2024-2032) 8.4.4.2. Rest of ME&A Fiber Reinforced Plastic Recycling Market Size and Forecast, By Recycling Technology (2024-2032) 8.4.4.3. Rest of ME&A Fiber Reinforced Plastic Recycling Market Size and Forecast, By End- Users (2024-2032) 9. South America Fiber Reinforced Plastic Recycling Market Size and Forecast by Segmentation (by Value in USD Mn) (2024-2032) 9.1. South America Fiber Reinforced Plastic Recycling Market Size and Forecast, By Material Type (2024-2032) 9.2. South America Fiber Reinforced Plastic Recycling Market Size and Forecast, By Recycling Technology (2024-2032) 9.3. South America Fiber Reinforced Plastic Recycling Market Size and Forecast, By End- Users (2024-2032) 9.4. South America Fiber Reinforced Plastic Recycling Market Size and Forecast, by Country (2024-2032) 9.4.1. Brazil 9.4.1.1. Brazil Fiber Reinforced Plastic Recycling Market Size and Forecast, By Material Type (2024-2032) 9.4.1.2. Brazil Fiber Reinforced Plastic Recycling Market Size and Forecast, By Recycling Technology (2024-2032) 9.4.1.3. Brazil Fiber Reinforced Plastic Recycling Market Size and Forecast, By End- Users (2024-2032) 9.4.2. Argentina 9.4.2.1. Argentina Fiber Reinforced Plastic Recycling Market Size and Forecast, By Material Type (2024-2032) 9.4.2.2. Argentina Fiber Reinforced Plastic Recycling Market Size and Forecast, By Recycling Technology (2024-2032) 9.4.2.3. Argentina Fiber Reinforced Plastic Recycling Market Size and Forecast, By End- Users (2024-2032) 9.4.3. Rest Of South America 9.4.3.1. Rest Of South America Fiber Reinforced Plastic Recycling Market Size and Forecast, By Material Type (2024-2032) 9.4.3.2. Rest Of South America Fiber Reinforced Plastic Recycling Market Size and Forecast, By Recycling Technology (2024-2032) 9.4.3.3. Rest Of South America Fiber Reinforced Plastic Recycling Market Size and Forecast, By End- Users (2024-2032) 10. Company Profile: Key Players 10.1. ELG Carbon Fibre Ltd. 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Recent Developments 10.2. Toray Industries, Inc. 10.3. Carbon Conversions, Inc. 10.4. SIGRA Composite 10.5. Mitsubishi Chemical Corporation 10.6. Vartega Inc. 10.7. Shocker Composites LLC 10.8. MIT-RCF 10.9. Recyclable Carbon Fiber Ltd. 10.10. Carbon Fiber Recycling 10.11. FiberEUse (EU-funded consortium) 10.12. Composites Evolution Ltd. 10.13. ECOBULK (EU Horizon 2020 Project) 10.14. Carbon Nexus 10.15. Jiangsu Jiuding New Material Co., Ltd. 10.16. Hadeg Recycling 10.17. Karborek Recycling 10.18. Carbon Middle East 10.19. SABIC 10.20. Enviroserve 10.21. Taha Asia Carbon Fiber 10.22. Mectech Fibre Glass 10.23. Tecniplas 10.24. Elekeiroz 10.25. Carborec 10.26. Polimeros Reciclados 10.27. Ecofibras 11. Key Findings 12. Analyst Recommendations 13. Fiber Reinforced Plastic Recycling Market: Research Methodology