According to Composites UK, the usage of composites is growing and the global market for composite products is expected to reach USD 95 billion, globally, by 2020. Increasing need for lighter weight and durable products is increasing the penetration of composites in major industries, such as aerospace, transportation, construction, and wind energy in the global market. However, around 40% of the total production of composites ends up being wasted. They are either dumped as scrap or can be found as defective parts. Apart from the waste generated from production, much of the waste is also generated from end-of-life usage of products. According to various industrial sources, around 12,000 commercial aircraft are due to reach the end of their useful life in the next two decades, and approximately six million cars are scrapped each year, globally. Moreover, in the wind turbine industry, approximately 20% of the composite fabrics used in the manufacture of rotor blades are generally discarded during the production process. Such developments are expected to increase the amount of composite waste generated by these industries significantly.

1. INTRODUCTION

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

5. MARKET SEGMENTATION

6. COMPETITIVE LANDSCAPE

7. MARKET OPPORTUNITIES AND FUTURE TRENDS