Recyclable glass fibers or glass fibers are common types of fiber reinforced plastics that use glass fibers. The fibers can be arranged randomly, flattened into sheets or woven into fabrics. The plastic matrix can be a thermosetting polymer matrix (most commonly based on thermosetting polymers, such as epoxy resins, polyester resins or vinyl esters) or thermoplastics.
In 2019, the global recyclable glass fiber market reached 280 million yuan and is expected to reach 450 million yuan in 2026, with a compound annual growth rate (CAGR) of 7.1%.
There are companies such as Rivierasca, Neocomp, Befesa, Ucomposites, Global Fiberglass Solutions, Agecko, Conenor, etc. in the global market. Among them, Rivierasca is the largest, with a market share of 31.35% in 2019. Next is Neocomp, which accounted for 26.76% of the market share in 2019.
The raw materials of recyclable glass fiber products are mainly waste glass fiber composite materials, such as wind power blades, scrap ships, automobiles, etc. The government is actively encouraging the recycling of materials. These raw materials are usually obtained at very low prices or even free of charge (only used to pay for transportation, handling, etc.).
The common method of recyclable glass fiber is mechanical method. This method uses a coarse crusher to crush waste glass fiber reinforced plastic to a uniform size, and then use it as a raw material. In 2019, mechanical method recycling accounted for 88.68% of the market share.
The strength of recycled glass fiber products is slightly lower than that of original glass fiber products, and the strength is mainly used in construction, municipal and other fields. Construction is the main application field, with a market share of 60.74% in 2019.
Focus on these market areas: North America, Europe, China, Japan, Central and South America, etc.