NEW YORK , Oct. 29, 2024 /PRNewswire/ -- Report with market evolution powered by AI - The global fiberglass recycling market size is estimated to grow by USD 543.2 million from 2024-2028, according to Technavio.
The market is estimated to grow at a CAGR of 6.4% during the forecast period. Emphasis on eco-friendly practices for resource efficiency is driving market growth, with a trend towards methods for recycling fiberglass from wind turbines .
However, challenges in recycling wind turbine blades poses a challenge.Key market players include Adesso Advanced Materials, Borealis AG, Carbon Rivers Inc., Eco Wolf Inc.
, European Metal Recycling Ltd., Gen 2 Carbon Ltd., General Kinematics Corp.
, Global Fiberglass Solutions Inc., Johns Manville Corp, Neowa GmbH, Owens Corning, ReFiber ApS, Sinoma Science and Technology Co. Ltd.
, Strategic Materials Inc., Toray Industries Inc., Veolia Environnement SA, Vestas Wind Systems AS, and WindEurope VZW ASBL.
AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View your snapshot now Key Market Trends Fueling Growth The fiberglass recycling market is experiencing notable progress, particularly in the development of advanced methods for recycling fiberglass from wind turbines. A recent innovation is a new facility in Fairfax, US, which unveiled a groundbreaking turbine blade recycling process in June 2024 .
This facility utilizes a patent-pending techn.
