Fiber Reinforced Plastic (FRP) Recycling Market to Grow by USD 54.51 Mn, Carbon Fiber Segment will be Largest Revenue-generating Type Segment - Technavio

NEW YORK, Oct. 26, 2022 /PRNewswire/ -- The fiber-reinforced plastic (FRP) recycling market size is expected to grow by USD 54.51 million from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 4.49% during the forecast period, according to Technavio. The stringent regulations on the disposal of composites in Europe is driving the fiber-reinforced plastic (FRP) recycling market growth. However, factors such as the long service life of CFRP (anticipated to be used for over 50 years) may challenge market growth.

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• Type 
• Carbon Fiber
• Glass Fiber
• Others
• Geography 
• Europe
• North America
• APAC
• South America
• Middle East And Africa

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The fiber-reinforced plastic (FRP) recycling market share growth by the carbon fiber segment will be significant during the forecast period. Established metallic structures, such as manipulators, are modified using CFRP, resulting in a reduction in weight and an increase in performance. Carbon fiber is a popular material in aerospace, automotive, and robotics end-use industries because of its load-bearing capability, lightweight, and high fatigue strength. All of these factors combine to increase demand for carbon fiber, boosting global fiber-reinforced plastic (FRP) recycling market growth.

The fiber-reinforced plastic (FRP) recycling market report covers the following areas:

• Fiber Reinforced Plastic (FRP) Recycling Market size
• Fiber Reinforced Plastic (FRP) Recycling Market trends
• Fiber Reinforced Plastic (FRP) Recycling Market industry analysis

The global fiber-reinforced plastic (FRP) recycling market depends on other end-user industries such as construction, aerospace, and automotive industries. Therefore, the slow growth or decline in the growth of these industries is expected to affect the growth of the vendors in the global fiber-reinforced plastic (FRP) recycling market. The market is fragmented with the presence of many pure-play vendors and industry-focused vendors. The large and established vendors compete as the market is not conducive for smaller players and startups. Technological developments are anticipated to fuel the adoption of fiber-reinforced plastic (FRP) recycling during the forecast period, as the major focus of the existing players is to offer technologically advanced recycling methods.

We provide a detailed analysis of around 25 vendors operating in the termite control market, including Aeron Composite Pvt. Ltd, Bedford Reinforced Plastics Inc., Carbon Conversions, Carbon Fiber Recycle Industry Co. Ltd, Carbon Fiber Recycling Inc., Conenor Ltd, DowAksa Ileri Kompozit Malzemeler San. Ltd. Sti., Eco Wolf Inc., Gen 2 Carbon Ltd., Global Fiberglass Solutions, Karborek RCF Srl, MCR Mixt Composites Recyclables, Mitsubishi Chemical Holdings Corp., Neocomp GmbH, PROCOTEX BELGIUM SA, ReFiber ApS, Strongwell Corp., Toray Industries Inc., Ucomposites AS, and Vartega Inc.

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• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will assist fiber-reinforced plastic (FRP) recycling market growth during the next five years
• Estimation of the fiber-reinforced plastic (FRP) recycling market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the fiber-reinforced plastic (FRP) recycling market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of fiber-reinforced plastic (FRP) recycling market vendors

Glass Fiber Reinforced Concrete (GFRC) market by Application and Geography – Forecast and Analysis 2022-2026: The glass fiber reinforced concrete (GFRC) market share is projected to surge to USD 600.55 million by 2026.

Dark Fiber Market by Type, Service, and Geography – Forecast and Analysis 2021-2025: The dark fiber market size has the potential to grow by USD 3.24 billion during 2020-2025.

1 Executive Summary

• 1.1 Market Overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market Definition
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 17: Five forces analysis - Comparison between2021 and 2026

• 4.2 Bargaining power of buyers
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Type

• 5.1 Market segments
• Exhibit 24: Chart on Type - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Type - Market share 2021-2026 (%)

• 5.2 Comparison by Type
• Exhibit 26: Chart on Comparison by Type
• Exhibit 27: Data Table on Comparison by Type

• 5.3 Carbon fiber - Market size and forecast 2021-2026
• Exhibit 28: Chart on Carbon fiber - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Carbon fiber - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Carbon fiber - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Carbon fiber - Year-over-year growth 2021-2026 (%)

• 5.4 Glass fiber - Market size and forecast 2021-2026
• Exhibit 32: Chart on Glass fiber - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Glass fiber - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Glass fiber - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Glass fiber - Year-over-year growth 2021-2026 (%)

• 5.5 Others - Market size and forecast 2021-2026
• Exhibit 36: Chart on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 37: Data Table on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 38: Chart on Others - Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on Others - Year-over-year growth 2021-2026 (%)

• 5.6 Market opportunity by Type
• Exhibit 40: Market opportunity by Type ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview
• Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation
• Exhibit 42: Chart on Market share by geography 2021-2026 (%)
• Exhibit 43: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison
• Exhibit 44: Chart on Geographic comparison
• Exhibit 45: Data Table on Geographic comparison

• 7.3 Europe - Market size and forecast 2021-2026
• Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.4 North America - Market size and forecast 2021-2026
• Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.5 APAC - Market size and forecast 2021-2026
• Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026
• Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026
• Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
• Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 China - Market size and forecast 2021-2026
• Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.10 Japan - Market size and forecast 2021-2026
• Exhibit 74: Chart on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on Japan - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on Japan - Year-over-year growth 2021-2026 (%)

• 7.11 Germany - Market size and forecast 2021-2026
• Exhibit 78: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.12 UK - Market size and forecast 2021-2026
• Exhibit 82: Chart on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 83: Data Table on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 84: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.13 Canada - Market size and forecast 2021-2026
• Exhibit 86: Chart on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 87: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 88: Chart on Canada - Year-over-year growth 2021-2026 (%)
• Exhibit 89: Data Table on Canada - Year-over-year growth 2021-2026 (%)

• 7.14 Market opportunity by geography
• Exhibit 90: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges
• Exhibit 91: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 92: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 93: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 94: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 95: Vendors covered

• 10.2 Market positioning of vendors
• Exhibit 96: Matrix on vendor position and classification

• 10.3 Aeron Composite Pvt. Ltd
• Exhibit 97: Aeron Composite Pvt. Ltd - Overview
• Exhibit 98: Aeron Composite Pvt. Ltd - Product / Service
• Exhibit 99: Aeron Composite Pvt. Ltd - Key offerings

• 10.4 Carbon Conversions
• Exhibit 100: Carbon Conversions - Overview
• Exhibit 101: Carbon Conversions - Product / Service
• Exhibit 102: Carbon Conversions - Key offerings

• 10.5 Carbon Fiber Recycling Inc.
• Exhibit 103: Carbon Fiber Recycling Inc. - Overview
• Exhibit 104: Carbon Fiber Recycling Inc. - Product / Service
• Exhibit 105: Carbon Fiber Recycling Inc. - Key offerings

• 10.6 Conenor Ltd
• Exhibit 106: Conenor Ltd - Overview
• Exhibit 107: Conenor Ltd - Product / Service
• Exhibit 108: Conenor Ltd - Key offerings

• 10.7 Gen 2 Carbon Ltd.
• Exhibit 109: Gen 2 Carbon Ltd. - Overview
• Exhibit 110: Gen 2 Carbon Ltd. - Product / Service
• Exhibit 111: Gen 2 Carbon Ltd. - Key offerings

• 10.8 Mitsubishi Chemical Holdings Corp.
• Exhibit 112: Mitsubishi Chemical Holdings Corp. - Overview
• Exhibit 113: Mitsubishi Chemical Holdings Corp. - Business segments
• Exhibit 114: Mitsubishi Chemical Holdings Corp. - Key offerings
• Exhibit 115: Mitsubishi Chemical Holdings Corp. - Segment focus

• 10.9 PROCOTEX BELGIUM SA
• Exhibit 116: PROCOTEX BELGIUM SA - Overview
• Exhibit 117: PROCOTEX BELGIUM SA - Key offerings

• 10.10 Toray Industries Inc.
• Exhibit 118: Toray Industries Inc. - Overview
• Exhibit 119: Toray Industries Inc. - Business segments
• Exhibit 120: Toray Industries Inc. - Key news
• Exhibit 121: Toray Industries Inc. - Key offerings
• Exhibit 122: Toray Industries Inc. - Segment focus

• 10.11 Ucomposites AS
• Exhibit 123: Ucomposites AS - Overview
• Exhibit 124: Ucomposites AS - Product / Service
• Exhibit 125: Ucomposites AS - Key offerings

• 10.12 Vartega Inc.
• Exhibit 126: Vartega Inc. - Overview
• Exhibit 127: Vartega Inc. - Product / Service
• Exhibit 128: Vartega Inc. - Key offerings

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist
• Exhibit 129: Inclusions checklist
• Exhibit 130: Exclusions checklist

• 11.3 Currency conversion rates for US$
• Exhibit 131: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 132: Research methodology
• Exhibit 133: Validation techniques employed for market sizing
• Exhibit 134: Information sources

• 11.5 List of abbreviations
• Exhibit 135: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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SOURCE Technavio