“The Europe Recyclable Thermoset Market (excluding U.K.) Expected to Reach $259.74 Million by 2031.”
Introduction to Europe Recyclable Thermoset Market
The Europe recyclable thermoset market is projected to reach $259.74 million by 2031 from $145.07 million in 2022, growing at a CAGR of 6.69% during the forecast period 2022-2031. The European recyclable thermoset market is expected to grow quickly in the next years. This is because there is an increasing need for recycled thermoset materials and a growing adoption of thermoset recycling technology. The industry is also expected to grow as policies encouraging plastic recycling are introduced in various countries.
KEY MARKET STATISTICS |
Forecast Period | 2022 - 2031 |
2022 Evaluation | $145.07 Million |
2031 Forecast | $259.74 Million |
CAGR | 6.69% |
Market Introduction
The growing demand for ecologically friendly alternatives to conventional plastics, advancements in recycling technology, and supportive regulatory frameworks are all projected to drive considerable growth in the Europe recyclable thermoset market in the coming years. As consumer demand for eco-friendly products rises and environmental worries deepen, recyclable thermosets are predicted to gain popularity and pave the way for a more sustainable future.
Market Segmentation
Segmentation 1: by Application
- Automotive
- Energy and Power
- Construction
- Electrical and Electronics
- Aerospace and Defense
- Others
Segmentation 2: by Resin Type
- Unsaturated Polyester Resin (UPR)
- Epoxy
- Phenol Formaldehyde (Phenolic Resin)
- Polyurethane
- Others
Segmentation 3: by Technology
- Mechanical Recycling
- Chemical Recycling
- Energy Recovery (Thermal)
Segmentation 4: by Region
- Europe - Germany, France, Italy, Spain, and Rest-of-Europe
How can this report add value to an organization?
Product/Innovation Strategy: The product segment helps the reader understand the different resin types of recyclable thermosets available and their potential in Europe region. Moreover, the study provides the reader with a detailed understanding of the different recyclable thermoset applications such as construction, automotive, energy and power, electrical and electronics, aerospace and defense, and others.
Competitive Strategy: Key players in the Europe recyclable thermoset market analyzed and profiled in the study involve recyclable thermoset providers. Moreover, a detailed competitive benchmarking of the players operating in the Europe recyclable thermoset market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.
Key Market Players and Competition Synopsis
The companies that are profiled have been selected based on inputs gathered from primary experts and analysing company coverage, product portfolio, and market penetration.
Some of the prominent names established in this market are:
- MCR Mixt Composites Recyclables
- GAIKER Technology Center
- Mobius Technologies GmbH
|
- BASF SE
- Northstar Recycling Company, Inc.
- Gr3n Recycling
|
Table of Contents
Executive Summary
Scope of the Study
1. Markets
- 1.1. Industry Outlook
- 1.1.1. Trends: Current and Future
- 1.1.1.1. Rising Focus on Sustainability in Wind Energy Sector
- 1.1.1.2. Change in Business Models of Companies due to Climate Action
- 1.1.2. Value Chain Analysis
- 1.1.3. Ecosystem/Ongoing Programs
- 1.1.3.1. Associations
- 1.1.3.2. Regulatory Bodies
- 1.1.3.3. Programs by Research Institutions and Universities
- 1.1.4. Impact of COVID-19 on the Recyclable Thermoset Market
- 1.2. Business Dynamics
- 1.2.1. Business Drivers
- 1.2.1.1. Advancement in Thermoset Recycling Technologies Globally
- 1.2.1.2. Regulations Promoting Plastic Recycling in Various Countries
- 1.2.1.3. Investments and Collaboration in Plastic Recycling Industry
- 1.2.2. Business Challenges
- 1.2.2.1. Complex Process of Thermoset Recycling
- 1.2.2.2. Lack of Proper Infrastructure for Hard-to-Recycle Products
- 1.2.3. Business Opportunities
- 1.2.3.1. Replacing Virgin Materials with Recyclable Thermoset and Venturing into New End-User Applications
- 1.2.3.2. Increasing Focus on Sustainability and Bio-Based Renewable Materials
- 1.2.4. Business Strategies
- 1.2.4.1. Product Developments
- 1.2.4.2. Market Developments
- 1.2.5. Corporate Strategies
- 1.3. Start-Up Landscape
- 1.3.1. Key Start-Ups in the Ecosystem
- 1.4. Porter's Five Forces Analysis
- 1.4.1. Bargaining Power of Buyers
- 1.4.2. Bargaining Power of Suppliers
- 1.4.3. Threat of New Entrants
- 1.4.4. Threat of Substitutes
- 1.4.5. Competitive Rivalry among Existing Firms
- 1.5. New Policies for Recycling
- 1.5.1. New Policies and Regulations, by Country
- 1.6. Comparative Analysis of Technologies
- 1.7. Product Life Cycle Analysis for Major Applications
- 1.8. Opportunity Analysis by Companies
2. Region
- 2.1.1. Recyclable Thermoset Market (by Region), Volume and Value Data
- 2.2. Europe
- 2.2.1. Market
- 2.2.1.1. Key Manufacturers/Suppliers in Europe
- 2.2.1.2. Business Challenges
- 2.2.1.3. Business Drivers
- 2.2.2. Application
- 2.2.2.1. Europe Recyclable Thermoset Market (by Application), Volume and Value Data
- 2.2.3. Product
- 2.2.3.1. Europe Recyclable Thermoset Market (by Resin Type), Volume and Value Data
- 2.2.3.2. Europe Recyclable Thermoset Market (by Technology), Volume and Value Data
- 2.2.4. Europe (by Country)
- 2.2.4.1. Germany
- 2.2.4.1.1. Market
- 2.2.4.1.1.1. Potential Buyers
- 2.2.4.1.1.2. Key Manufacturers/Suppliers in Germany
- 2.2.4.1.1.3. Business Challenges
- 2.2.4.1.1.4. Business Drivers
- 2.2.4.1.2. Application
- 2.2.4.1.2.1. Germany Recyclable Thermoset Market (by Application), Volume and Value Data
- 2.2.4.1.3. Product
- 2.2.4.1.3.1. Germany Recyclable Thermoset Market (by Resin Type), Volume and Value Data
- 2.2.4.1.3.2. Germany Recyclable Thermoset Market (by Technology), Volume and Value Data
- 2.2.4.2. France
- 2.2.4.2.1. Market
- 2.2.4.2.1.1. Potential Buyers
- 2.2.4.2.1.2. Key Manufacturers/Suppliers in France
- 2.2.4.2.1.3. Business Challenges
- 2.2.4.2.1.4. Business Drivers
- 2.2.4.2.2. Application
- 2.2.4.2.2.1. France Recyclable Thermoset Market (by Application), Volume and Value Data
- 2.2.4.2.3. Product
- 2.2.4.2.3.1. France Recyclable Thermoset Market (by Resin Type), Volume and Value Data
- 2.2.4.2.3.2. France Recyclable Thermoset Market (by Technology), Volume and Value Data
- 2.2.4.3. Italy
- 2.2.4.3.1. Market
- 2.2.4.3.1.1. Potential Buyers
- 2.2.4.3.1.2. Key Manufacturers/Suppliers in Italy
- 2.2.4.3.1.3. Business Challenges
- 2.2.4.3.1.4. Business Drivers
- 2.2.4.3.2. Application
- 2.2.4.3.2.1. Italy Recyclable Thermoset Market (by Application), Volume and Value Data
- 2.2.4.3.3. Product
- 2.2.4.3.3.1. Italy Recyclable Thermoset Market (by Resin Type), Volume and Value Data
- 2.2.4.3.3.2. Italy Recyclable Thermoset Market (by Technology), Volume and Value Data
- 2.2.4.4. Spain
- 2.2.4.4.1. Markets
- 2.2.4.4.1.1. Potential Buyers
- 2.2.4.4.1.2. Key manufacturers/ suppliers in Spain
- 2.2.4.4.1.3. Business Challenges
- 2.2.4.4.1.4. Business Drivers
- 2.2.4.4.2. Application
- 2.2.4.4.2.1. Spain Recyclable Thermoset Market (by Application), Volume and Value Data
- 2.2.4.4.3. Product
- 2.2.4.4.3.1. Spain Recyclable Thermoset Market (by Resin Type), Volume and Value Data
- 2.2.4.4.3.2. Spain Recyclable Thermoset Market (by Technology), Volume and Value Data
- 2.2.4.5. Rest-of-Europe
- 2.2.4.5.1. Market
- 2.2.4.5.1.1. Potential Buyers
- 2.2.4.5.1.2. Key Manufacturers/Suppliers in Rest-of-Europe
- 2.2.4.5.1.3. Business Challenges
- 2.2.4.5.1.4. Business Drivers
- 2.2.4.5.2. Application
- 2.2.4.5.2.1. Rest-of-Europe Recyclable Thermoset Market (by Application), Volume and Value Data
- 2.2.4.5.3. Product
- 2.2.4.5.3.1. Rest-of-Europe Recyclable Thermoset Market (by Resin Type), Volume and Value Data
- 2.2.4.5.3.2. Rest-of-Europe Recyclable Thermoset Market (by Technology), Volume and Value Data
- 2.3. U.K.
- 2.3.1. Market
- 2.3.1.1. Potential Buyers
- 2.3.1.2. Key Manufacturers/Suppliers in the U.K.
- 2.3.1.3. Business Challenges
- 2.3.1.4. Business Drivers
- 2.3.2. Application
- 2.3.2.1. U.K. Recyclable Thermoset Market (by Application), Volume and Value Data
- 2.3.3. Product
- 2.3.3.1. U.K. Recyclable Thermoset Market (by Resin Type), Volume and Value Data
- 2.3.3.2. U.K. Recyclable Thermoset Market (by Technology), Volume and Value Data
3. Markets - Competitive Benchmarking & Company Profiles
- 3.1. Competitive Benchmarking
- 3.1.1. Competitive Position Matrix
- 3.1.2. Product Services Offered by Key Companies
- 3.1.3. Market Share Analysis of Key Companies
- 3.2. Company Profiles
- 3.2.1. MCR Mixt Composites Recyclables
- 3.2.1.1. Company Overview
- 3.2.1.2. Role of MCR Mixt Composites Recyclables in the Recyclable Thermoset Market
- 3.2.1.2.1. Product Portfolio
- 3.2.1.3. Analyst View
- 3.2.2. GAIKER Technology Center
- 3.2.2.1. Company Overview
- 3.2.2.2. Role of GAIKER Technology Center in the Recyclable Thermoset Market
- 3.2.2.2.1. Product Portfolio
- 3.2.2.3. Analyst View
- 3.2.3. Mobius Technologies GmbH
- 3.2.3.1. Company Overview
- 3.2.3.2. Role of Mobius Technologies GmbH in the Recyclable Thermoset Market
- 3.2.3.2.1. Product Portfolio
- 3.2.3.3. Analyst View
- 3.2.4. BASF SE
- 3.2.4.1. Company Overview
- 3.2.4.2. Role of BASF SE in the Recyclable Thermoset Market
- 3.2.4.2.1. Product Portfolio
- 3.2.4.3. Business Strategies
- 3.2.4.3.1. Product Development
- 3.2.4.4. R&D Analysis
- 3.2.4.5. Analyst View
- 3.2.5. Northstar Recycling Company, Inc.
- 3.2.5.1. Company Overview
- 3.2.5.2. Role of Northstar Recycling Company, Inc. in the Recyclable Thermoset Market
- 3.2.5.2.1. Product Portfolio
- 3.2.5.3. Analyst View
- 3.2.6. Gr3n Recycling
- 3.2.6.1. Company Overview
- 3.2.6.2. Role of Gr3n Recycling in the Recyclable Thermoset Market
- 3.2.6.3. Product Portfolio
- 3.2.6.4. Business Strategies
- 3.2.6.4.1. Market Developments
- 3.2.6.5. Corporate Strategies
- 3.2.6.5.1. Partnerships, Collaborations, Acquisitions, and Joint Ventures
- 3.2.6.6. Analyst View
4. Research Methodology
- 4.1. Primary Data Sources
- 4.2. Secondary Data Sources
- 4.3. Top-Down and Bottom-Up Approach
- 4.4. Assumptions and Limitations