The report “
Wind Blade Recycling Market by Recycling Method (Mechanical Recycling, Thermal Recycling, Chemical Recycling), Blade Material (Glass Fiber, Carbon Fiber), End-Use Industry, and Region –
Forecast to 2029″, size is expected to reach USD 3,70,935 thousand in 2029 from USD 68,235 thousand in 2024, at a CAGR of 40.3% from 2024 to 2029. The demand for wind blade recycling is driven by the growing innovation in recycling methods and the ban on wind blade landfilling. As environmental regulations grow, many countries in Europe, the US, and Australia are mandating recycling or repurposing the wind blades. In Europe, countries are focusing on reducing wind blade waste and trying to promote a circular economy in the wind industry. Germany is leading this initiative as it has one of the old wind industries and thus facing the challenge of disposing of wind blades. Spain is also framing policies to facilitate the reuse and recycling of wind blade materials. Many wind blade recycling plants like “Waste2Fiber”, an initiative by Accionia and RenerCycle are being set up in Spain. Such a growing number of recycling facilities are further driving the wind blade recycling market.
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• 198 Market data Tables
• 64 Figures
• 217 Pages and in-depth TOC on “Wind Blade Recycling Market – Global Forecast to 2029″
Some of the prominent key players are:
- Veolia (France),
- Acciona (Spain),
- Stena Metal AB (Sweden),
- Vestas (Denmark),
- Iberdrola, S.A. (Spain),
- Makeen Energy (Denmark), and many more….
Opportunity: Growing installation of wind turbines globally
The global wind energy sector is rapidly evolving as aging turbine blades are replaced with more efficient alternatives, driving the need for sustainable disposal solutions. Many regions are implementing regulations to promote wind blade recycling, such as European policies aiming to ban landfilling of decommissioned blades by 2025. As the volume of decommissioned blades increases, recycling companies are playing a crucial role in managing waste by extracting valuable materials like carbon and glass fibers. Governments worldwide are enforcing stricter sustainability regulations to encourage recycling rather than disposal. According to the Global Wind Report 2024, 77.6 GW of wind power capacity was added globally in 2022, bringing the total to 906 GW, and with an additional 680 GW expected between 2023 and 2027, the demand for wind blade recycling is set to rise significantly.
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Chemical recycling segment is expected to have second-highest CAGR during forecasting period in terms of value.
Chemical recycling is expected to gain momentum in the forecasted years. Compared to other recycling processes especially mechanical recycling technologies, chemical recycling is a effective method to extract high quality glass and carbon fiber. Additionally, as companies develop new recycablabe resin, chemical recycling will be the most sought for option to recycle the wind blades that are made using this new rein.
Asia Pacific region is expected to register highest CAGR both in terms of value and volume during forecasted period
The wind blade recycling market has been studied in North America, Europe, Asia Pacific, Latin America, and Middle East, and Africa. The Asia Pacific is expected to be the fastest-growing market, majorly due to the large number of wind turbine installations in China and India. The massive installations in the past decade are expected to age in the coming years and thus this region will see a rise in demand for recycling the wind blades. Additionally, companies like Carbon River are aiming to setup recycling facilities in India which will significantly boost the market.
