Recycled Composites Market Summary
The global recycled composites market size was estimated at USD 920.6 million in 2024 and is expected to reach USD 1664.3 million by 2033, expanding at a CAGR of 6.8% from 2025 to 2033, driven by the rising emphasis on sustainability across industrial sectors. Governments and regulatory bodies are increasingly implementing strict guidelines to minimize waste generation and reduce carbon footprints.
As a result, manufacturers are shifting toward recycled composite materials to meet environmental compliance standards. This transition is further supported by corporate sustainability initiatives and circular-economy strategies adopted by major industry players. Together, these factors create a strong policy- and value-driven foundation for market expansion. Growing demand from end-use industries such as automotive, aerospace, construction, and consumer goods also contributes significantly to market growth. Lightweight, durable, and energy-efficient materials are essential for improving performance and reducing fuel consumption, especially in transportation. Recycled composites offer these advantages at a lower cost than virgin materials, making them an attractive alternative. Their increasing use in non-structural and semi-structural End Uses reflects the market's widening acceptance. As industries prioritize efficiency and cost reduction, the demand for recycled composites continues to accelerate.
Technological advancements in recycling processes are further propelling the market forward. Innovations in mechanical and chemical recycling enable higher material recovery rates and improved quality of recycled fibers and resins. Enhanced processing techniques have made it possible to produce composites with performance characteristics comparable to virgin materials. These improvements reduce technical barriers and broaden end-use possibilities. Consequently, technology-driven enhancements strengthen the overall value proposition of recycled composite products.
Global Recycled Composites Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global recycled composites market report based on end use, fiber type and region.
- End Use Outlook (Revenue, USD Million, 2021 - 2033)
- Automotive & Transportation
- Aerospace
- Construction & Infrastructure
- Industrial End Uses
- Others
- Fiber Type Outlook (Revenue, USD Million, 2021 - 2033)
- Recycled Carbon Fiber (rCF)
- Recycled Glass Fiber (rGF)
- Other Recycled Fibers
- Regional Outlook (Revenue, USD Million, 2021 - 2033)
- North America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Asia Pacific
- Central & South America
- Middle East & Africaa
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Scope & Assumption
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook, 2024 (USD Million)
- 2.2. Segmental Outlook
- 2.3. Competitive Insights
Chapter 3. Recycled Composites Market Variables, Trends & Scope
- 3.1. Market Lineage/Ancillary Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Sales Channel Analysis
- 3.3. Regulatory Framework
- 3.3.1. Analyst Perspective
- 3.3.2. Regulations & Standards
- 3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Industry Opportunities
- 3.4.4. Industry Challenges
- 3.5. Business Environmental Tools Analysis: Global Recycled Composites Market
- 3.5.1. Porter's Five Forces Analysis
- 3.5.1.1. Bargaining Power of Suppliers
- 3.5.1.2. Bargaining Power of Buyers
- 3.5.1.3. Threat of Substitution
- 3.5.1.4. Threat of New Entrants
- 3.5.1.5. Competitive Rivalry
- 3.5.2. PESTLE Analysis
- 3.5.2.1. Political Landscape
- 3.5.2.2. Economic Landscape
- 3.5.2.3. Social Landscape
- 3.5.2.4. Technology Landscape
- 3.5.2.5. Environmental Landscape
- 3.5.2.6. Legal Landscape
- 3.6. Market Disruption Analysis
Chapter 4. Global Recycled Composites Market: End Use Estimates & Trend Analysis
- 4.1. Key Takeaways
- 4.2. End Use Movement Analysis & Market Share, 2024 & 2033
- 4.3. Global Recycled Composites Market By End Use, 2021 - 2033 (USD Million)
- 4.4. Automotive & Transportation
- 4.4.1. Recycled Composites Market Estimates And Forecasts, for Automotive & Transportation, 2021-2033 (USD Million)
- 4.5. Aerospace
- 4.5.1. Recycled Composites Market Estimates And Forecasts, for Aerospace, 2021-2033 (USD Million)
- 4.6. Construction & Infrastructure
- 4.6.1. Recycled Composites Market Estimates And Forecasts, for Construction & Infrastructure, 2021-2033 (USD Million)
- 4.7. Industrial End Uses
- 4.7.1. Recycled Composites Market Estimates And Forecasts, for Industrial End Uses, 2021-2033 (USD Million)
- 4.8. Others
- 4.8.1. Recycled Composites Market Estimates And Forecasts, for Others, 2021-2033 (USD Million)
Chapter 5. Global Recycled Composites Market: Fiber Type Estimates & Trend Analysis
- 5.1. Key Takeaways
- 5.2. Fiber Type Movement Analysis & Market Share, 2024 & 2033
- 5.3. Global Recycled Composites Market By Fiber Type, 2021 - 2033 (USD Million)
- 5.4. Recycled Carbon Fiber (rCF)
- 5.4.1. Recycled Carbon Fiber (rCF) Market Estimates And Forecasts, 2021-2033 (USD Million)
- 5.5. Recycled Glass Fiber (rGF)
- 5.5.1. Recycled Glass Fiber (rGF) Market Estimates And Forecasts, 2021-2033 (USD Million)
- 5.6. Other Glass Fibers
- 5.6.1. Other Recycled Fibers Market Estimates And Forecasts, by Other Recycled Fibers, 2021-2033 (USD Million)
Chapter 6. Global Recycled Composites Market: Regional Estimates & Trend Analysis
- 6.1. Key Takeaways
- 6.2. Regional Market Share Analysis, 2024 & 2033
- 6.3. North America
- 6.3.1. North America Recycled Composites Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 6.3.2. North America Recycled Composites Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.3.3. North America Recycled Composites Market Estimates And Forecasts, By Fiber Type, 2021 - 2033 (USD Million)
- 6.3.4. U.S.
- 6.3.4.1. U.S. Recycled Composites Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 6.3.4.2. U.S. Recycled Composites Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.3.4.3. U.S. Recycled Composites Market Estimates And Forecasts, By Fiber Type, 2021 - 2033 (USD Million)
- 6.3.5. Canada
- 6.3.5.1. Canada Recycled Composites Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 6.3.5.2. Canada Recycled Composites Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.3.5.3. Canada Recycled Composites Market Estimates And Forecasts, By Fiber Type, 2021 - 2033 (USD Million)
- 6.3.6. Mexico
- 6.3.6.1. Mexico Recycled Composites Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 6.3.6.2. Mexico Recycled Composites Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.3.6.3. Mexico Recycled Composites Market Estimates And Forecasts, By Fiber Type, 2021 - 2033 (USD Million)
- 6.4. Europe
- 6.4.1. Europe Recycled Composites Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 6.4.2. Europe Recycled Composites Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.4.3. Europe Recycled Composites Market Estimates And Forecasts, By Fiber Type, 2021 - 2033 (USD Million)
- 6.4.4. Germany
- 6.4.4.1. Germany Recycled Composites Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 6.4.4.2. Germany Recycled Composites Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.4.4.3. Germany Recycled Composites Market Estimates And Forecasts, By Fiber Type, 2021 - 2033 (USD Million)
- 6.4.5. UK
- 6.4.5.1. UK Recycled Composites Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 6.4.5.2. UK Recycled Composites Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.4.5.3. UK Recycled Composites Market Estimates And Forecasts, By Fiber Type, 2021 - 2033 (USD Million)
- 6.4.6. France
- 6.4.6.1. France Recycled Composites Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 6.4.6.2. France Recycled Composites Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.4.6.3. France Recycled Composites Market Estimates And Forecasts, By Fiber Type, 2021 - 2033 (USD Million)
- 6.4.7. Italy
- 6.4.7.1. Italy Recycled Composites Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 6.4.7.2. Italy Recycled Composites Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.4.7.3. Italy Recycled Composites Market Estimates And Forecasts, By Fiber Type, 2021 - 2033 (USD Million)
- 6.4.8. Spain
- 6.4.8.1. Spain Recycled Composites Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 6.4.8.2. Spain Recycled Composites Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.4.8.3. Spain Recycled Composites Market Estimates And Forecasts, By Fiber Type, 2021 - 2033 (USD Million)
- 6.5. Asia Pacific
- 6.5.1. Asia Pacific Recycled Composites Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 6.5.2. Asia Pacific Recycled Composites Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.5.3. Asia Pacific Recycled Composites Market Estimates And Forecasts, By Fiber Type, 2021 - 2033 (USD Million)
- 6.5.4. China
- 6.5.4.1. China Recycled Composites Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 6.5.4.2. China Recycled Composites Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.5.4.3. China Recycled Composites Market Estimates And Forecasts, By Fiber Type, 2021 - 2033 (USD Million)
- 6.5.5. India
- 6.5.5.1. India Recycled Composites Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 6.5.5.2. India Recycled Composites Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.5.5.3. India Recycled Composites Market Estimates And Forecasts, By Fiber Type, 2021 - 2033 (USD Million)
- 6.5.6. Japan
- 6.5.6.1. Japan Recycled Composites Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 6.5.6.2. Japan Recycled Composites Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.5.6.3. Japan Recycled Composites Market Estimates And Forecasts, By Fiber Type, 2021 - 2033 (USD Million)
- 6.6. Central & South America
- 6.6.1. Central & South America Recycled Composites Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 6.6.2. Central & South America Recycled Composites Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.6.3. Central & South America Recycled Composites Market Estimates And Forecasts, By Fiber Type, 2021 - 2033 (USD Million)
- 6.7. Middle East & Africa
- 6.7.1. Middle East & Africa Recycled Composites Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 6.7.2. Middle East & Africa Recycled Composites Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.7.3. Middle East & Africa Recycled Composites Market Estimates And Forecasts, By Fiber Type, 2021 - 2033 (USD Million)
Chapter 7. Supplier Intelligence
- 7.1.1. Kraljic Matrix
- 7.1.2. Engagement Model
- 7.1.3. Negotiation Strategies
- 7.1.4. Sourcing Best Practices
- 7.1.5. Vendor Selection Criteria
Chapter 8. Competitive Landscape
- 8.1. Key Players, their Recent Developments, and their Impact on Industry
- 8.2. Competition Categorization
- 8.3. Company Market Position Analysis
- 8.4. Company Heat Map Analysis
- 8.5. Strategy Mapping, 2024
- 8.6. Company Listing
- 8.6.1. Trex Company, Inc.
- 8.6.1.1. Company Overview
- 8.6.1.2. Financial Performance
- 8.6.1.3. Product Benchmarking
- 8.6.1.4. Strategic Initiatives
- 8.6.2. Fiberon
- 8.6.2.1. Company Overview
- 8.6.2.2. Financial Performance
- 8.6.2.3. Product Benchmarking
- 8.6.2.4. Strategic Initiatives
- 8.6.3. UPM
- 8.6.3.1. Company Overview
- 8.6.3.2. Financial Performance
- 8.6.3.3. Product Benchmarking
- 8.6.3.4. Strategic Initiatives
- 8.6.4. SGL Carbon
- 8.6.4.1. Company Overview
- 8.6.4.2. Financial Performance
- 8.6.4.3. Product Benchmarking
- 8.6.4.4. Strategic Initiatives
- 8.6.5. Toray Industries, Inc.
- 8.6.5.1. Company Overview
- 8.6.5.2. Financial Performance
- 8.6.5.3. Product Benchmarking
- 8.6.5.4. Strategic Initiatives
- 8.6.6. Vartega Inc.
- 8.6.6.1. Company Overview
- 8.6.6.2. Financial Performance
- 8.6.6.3. Product Benchmarking
- 8.6.6.4. Strategic Initiatives
- 8.6.7. Carbon Conversions Inc.
- 8.6.7.1. Company Overview
- 8.6.7.2. Financial Performance
- 8.6.7.3. Product Benchmarking
- 8.6.7.4. Strategic Initiatives
- 8.6.8. Solvay
- 8.6.8.1. Company Overview
- 8.6.8.2. Financial Performance
- 8.6.8.3. Product Benchmarking
- 8.6.8.4. Strategic Initiatives
- 8.6.9. Mitsubishi Chemical Corporation
- 8.6.9.1. Company Overview
- 8.6.9.2. Financial Performance
- 8.6.9.3. Product Benchmarking
- 8.6.9.4. Strategic Initiatives