The global recycled composites market size is anticipated to reach USD 1664.3 million by 2033, expanding at a CAGR of 6.8% from 2025 to 2033, according to a new report by Grand View Research, Inc. The market is driven by the growing emphasis on sustainability and the circular economy across major industries. Governments and regulatory bodies are enforcing stricter waste-management policies, encouraging manufacturers to adopt materials with lower environmental impact. Companies are increasingly integrating recycled composites into their sustainability strategies to reduce carbon footprints and meet evolving compliance expectations. This regulatory and corporate alignment forms a strong foundation for market expansion.
Rising demand for lightweight materials in transportation, aerospace, and industrial applications further propels market growth. Recycled composites offer weight reduction, improved fuel efficiency, and enhanced performance while maintaining cost competitiveness. As automotive and aerospace manufacturers aim to increase efficiency and meet emission standards, the value proposition of recycled carbon and glass fibers becomes more compelling. The shift toward electric vehicles also heightens the need for lightweight components, strengthening demand.
Technological advancements in recycling processes significantly support market development. Innovations in mechanical and chemical recovery techniques have increased yield, improved fiber quality, and reduced production costs. Enhanced processing technologies enable recycled fibers to exhibit properties closer to their virgin counterparts, expanding their applicability in demanding end-use sectors. As technology continues to mature, adoption rates are expected to accelerate across various manufacturing industries.
The expansion of application areas across construction, consumer goods, marine, and electronics also contributes to market growth. Recycled composites are increasingly used in decking, panels, enclosures, and structural components due to their durability and corrosion resistance. Their low-maintenance characteristics make them attractive for long-term infrastructure projects and sustainable building initiatives. Growing consumer preference for eco-friendly products further elevates demand for household and recreational goods.
Market growth is additionally supported by rising collaborations, investments, and supply-chain enhancements within the composite recycling ecosystem. Partnerships between recyclers, material producers, and end users are improving feedstock availability and production scalability. Increased investment in recycling facilities and collection systems strengthens material flow and reliability.
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Based on end use, the automotive & transportation segment led the market and accounted for the largest revenue share of 34.9% in 2024, driven by the industry’s push toward lightweighting to improve fuel efficiency and reduce emissions.
Based on type, recycled glass fibers (rGF) dominated the market and accounted for the largest revenue share of 56.0% in 2024, driven by their cost competitiveness and suitability for high-volume applications.
Asia Pacific held the largest revenue market share of 31.3% in 2024, driven by rapid industrialization and growing environmental awareness across major economies.
Grand View Research has segmented the global recycled composites market on the basis of fiber type, end use and region:
Recycled Composites Fiber Type Outlook (Revenue, USD Million, 2021 - 2033)
Recycled Carbon Fiber (rCF)
Recycled Glass Fiber (rGF)
Others Recycled Fiber
Recycled Composites End Use Outlook (Revenue, USD Million, 2021 - 2033)
Automotive & Transportation
Aerospace
Construction & Infrastructure
Industrial Applications
Others
Recycled Composites Regional Outlook (Revenue, USD Million, 2021 - 2033)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
Asia Pacific
China
Japan
India
Central & South America
Middle East & Africa
List of key players in the recycled composites market:
Trex Company, Inc.
Fiberon
UPM
SGL Carbon
Toray Industries, Inc.
Vartega Inc.
Carbon Conversions Inc.
Solvay
Mitsubishi Chemical Corporation
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