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PUBLISHER: BIS Research | PRODUCT CODE: 1396604

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PUBLISHER: BIS Research | PRODUCT CODE: 1396604

Europe Recyclable Thermoset Market - Analysis and Forecast, 2022-2031

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Table of Contents

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“The Europe Recyclable Thermoset Market (excluding U.K.) Expected to Reach $259.74 Million by 2031.”

Introduction to Europe Recyclable Thermoset Market

The Europe recyclable thermoset market is projected to reach $259.74 million by 2031 from $145.07 million in 2022, growing at a CAGR of 6.69% during the forecast period 2022-2031. The European recyclable thermoset market is expected to grow quickly in the next years. This is because there is an increasing need for recycled thermoset materials and a growing adoption of thermoset recycling technology. The industry is also expected to grow as policies encouraging plastic recycling are introduced in various countries.

KEY MARKET STATISTICS
Forecast Period2022 - 2031
2022 Evaluation$145.07 Million
2031 Forecast$259.74 Million
CAGR6.69%

Market Introduction

The growing demand for ecologically friendly alternatives to conventional plastics, advancements in recycling technology, and supportive regulatory frameworks are all projected to drive considerable growth in the Europe recyclable thermoset market in the coming years. As consumer demand for eco-friendly products rises and environmental worries deepen, recyclable thermosets are predicted to gain popularity and pave the way for a more sustainable future.

Market Segmentation

Segmentation 1: by Application

  • Automotive
  • Energy and Power
  • Construction
  • Electrical and Electronics
  • Aerospace and Defense
  • Others

Segmentation 2: by Resin Type

  • Unsaturated Polyester Resin (UPR)
  • Epoxy
  • Phenol Formaldehyde (Phenolic Resin)
  • Polyurethane
  • Others

Segmentation 3: by Technology

  • Mechanical Recycling
  • Chemical Recycling
  • Energy Recovery (Thermal)

Segmentation 4: by Region

  • Europe - Germany, France, Italy, Spain, and Rest-of-Europe

How can this report add value to an organization?

Product/Innovation Strategy: The product segment helps the reader understand the different resin types of recyclable thermosets available and their potential in Europe region. Moreover, the study provides the reader with a detailed understanding of the different recyclable thermoset applications such as construction, automotive, energy and power, electrical and electronics, aerospace and defense, and others.

Competitive Strategy: Key players in the Europe recyclable thermoset market analyzed and profiled in the study involve recyclable thermoset providers. Moreover, a detailed competitive benchmarking of the players operating in the Europe recyclable thermoset market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on inputs gathered from primary experts and analysing company coverage, product portfolio, and market penetration.

Some of the prominent names established in this market are:

  • MCR Mixt Composites Recyclables
  • GAIKER Technology Center
  • Mobius Technologies GmbH
  • BASF SE
  • Northstar Recycling Company, Inc.
  • Gr3n Recycling
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Product Code: MCP1655SS

Table of Contents

Executive Summary

Scope of the Study

1. Markets

  • 1.1. Industry Outlook
    • 1.1.1. Trends: Current and Future
      • 1.1.1.1. Rising Focus on Sustainability in Wind Energy Sector
      • 1.1.1.2. Change in Business Models of Companies due to Climate Action
    • 1.1.2. Value Chain Analysis
    • 1.1.3. Ecosystem/Ongoing Programs
      • 1.1.3.1. Associations
      • 1.1.3.2. Regulatory Bodies
      • 1.1.3.3. Programs by Research Institutions and Universities
    • 1.1.4. Impact of COVID-19 on the Recyclable Thermoset Market
  • 1.2. Business Dynamics
    • 1.2.1. Business Drivers
      • 1.2.1.1. Advancement in Thermoset Recycling Technologies Globally
      • 1.2.1.2. Regulations Promoting Plastic Recycling in Various Countries
      • 1.2.1.3. Investments and Collaboration in Plastic Recycling Industry
    • 1.2.2. Business Challenges
      • 1.2.2.1. Complex Process of Thermoset Recycling
      • 1.2.2.2. Lack of Proper Infrastructure for Hard-to-Recycle Products
    • 1.2.3. Business Opportunities
      • 1.2.3.1. Replacing Virgin Materials with Recyclable Thermoset and Venturing into New End-User Applications
      • 1.2.3.2. Increasing Focus on Sustainability and Bio-Based Renewable Materials
    • 1.2.4. Business Strategies
      • 1.2.4.1. Product Developments
      • 1.2.4.2. Market Developments
    • 1.2.5. Corporate Strategies
  • 1.3. Start-Up Landscape
    • 1.3.1. Key Start-Ups in the Ecosystem
  • 1.4. Porter's Five Forces Analysis
    • 1.4.1. Bargaining Power of Buyers
    • 1.4.2. Bargaining Power of Suppliers
    • 1.4.3. Threat of New Entrants
    • 1.4.4. Threat of Substitutes
    • 1.4.5. Competitive Rivalry among Existing Firms
  • 1.5. New Policies for Recycling
    • 1.5.1. New Policies and Regulations, by Country
  • 1.6. Comparative Analysis of Technologies
  • 1.7. Product Life Cycle Analysis for Major Applications
  • 1.8. Opportunity Analysis by Companies

2. Region

    • 2.1.1. Recyclable Thermoset Market (by Region), Volume and Value Data
  • 2.2. Europe
    • 2.2.1. Market
      • 2.2.1.1. Key Manufacturers/Suppliers in Europe
      • 2.2.1.2. Business Challenges
      • 2.2.1.3. Business Drivers
    • 2.2.2. Application
      • 2.2.2.1. Europe Recyclable Thermoset Market (by Application), Volume and Value Data
    • 2.2.3. Product
      • 2.2.3.1. Europe Recyclable Thermoset Market (by Resin Type), Volume and Value Data
      • 2.2.3.2. Europe Recyclable Thermoset Market (by Technology), Volume and Value Data
    • 2.2.4. Europe (by Country)
      • 2.2.4.1. Germany
        • 2.2.4.1.1. Market
          • 2.2.4.1.1.1. Potential Buyers
          • 2.2.4.1.1.2. Key Manufacturers/Suppliers in Germany
          • 2.2.4.1.1.3. Business Challenges
          • 2.2.4.1.1.4. Business Drivers
        • 2.2.4.1.2. Application
          • 2.2.4.1.2.1. Germany Recyclable Thermoset Market (by Application), Volume and Value Data
        • 2.2.4.1.3. Product
          • 2.2.4.1.3.1. Germany Recyclable Thermoset Market (by Resin Type), Volume and Value Data
          • 2.2.4.1.3.2. Germany Recyclable Thermoset Market (by Technology), Volume and Value Data
      • 2.2.4.2. France
        • 2.2.4.2.1. Market
          • 2.2.4.2.1.1. Potential Buyers
          • 2.2.4.2.1.2. Key Manufacturers/Suppliers in France
          • 2.2.4.2.1.3. Business Challenges
          • 2.2.4.2.1.4. Business Drivers
        • 2.2.4.2.2. Application
          • 2.2.4.2.2.1. France Recyclable Thermoset Market (by Application), Volume and Value Data
        • 2.2.4.2.3. Product
          • 2.2.4.2.3.1. France Recyclable Thermoset Market (by Resin Type), Volume and Value Data
          • 2.2.4.2.3.2. France Recyclable Thermoset Market (by Technology), Volume and Value Data
      • 2.2.4.3. Italy
        • 2.2.4.3.1. Market
          • 2.2.4.3.1.1. Potential Buyers
          • 2.2.4.3.1.2. Key Manufacturers/Suppliers in Italy
          • 2.2.4.3.1.3. Business Challenges
          • 2.2.4.3.1.4. Business Drivers
        • 2.2.4.3.2. Application
          • 2.2.4.3.2.1. Italy Recyclable Thermoset Market (by Application), Volume and Value Data
        • 2.2.4.3.3. Product
          • 2.2.4.3.3.1. Italy Recyclable Thermoset Market (by Resin Type), Volume and Value Data
          • 2.2.4.3.3.2. Italy Recyclable Thermoset Market (by Technology), Volume and Value Data
      • 2.2.4.4. Spain
        • 2.2.4.4.1. Markets
          • 2.2.4.4.1.1. Potential Buyers
          • 2.2.4.4.1.2. Key manufacturers/ suppliers in Spain
          • 2.2.4.4.1.3. Business Challenges
          • 2.2.4.4.1.4. Business Drivers
        • 2.2.4.4.2. Application
          • 2.2.4.4.2.1. Spain Recyclable Thermoset Market (by Application), Volume and Value Data
        • 2.2.4.4.3. Product
          • 2.2.4.4.3.1. Spain Recyclable Thermoset Market (by Resin Type), Volume and Value Data
          • 2.2.4.4.3.2. Spain Recyclable Thermoset Market (by Technology), Volume and Value Data
      • 2.2.4.5. Rest-of-Europe
        • 2.2.4.5.1. Market
          • 2.2.4.5.1.1. Potential Buyers
          • 2.2.4.5.1.2. Key Manufacturers/Suppliers in Rest-of-Europe
          • 2.2.4.5.1.3. Business Challenges
          • 2.2.4.5.1.4. Business Drivers
        • 2.2.4.5.2. Application
          • 2.2.4.5.2.1. Rest-of-Europe Recyclable Thermoset Market (by Application), Volume and Value Data
        • 2.2.4.5.3. Product
          • 2.2.4.5.3.1. Rest-of-Europe Recyclable Thermoset Market (by Resin Type), Volume and Value Data
          • 2.2.4.5.3.2. Rest-of-Europe Recyclable Thermoset Market (by Technology), Volume and Value Data
  • 2.3. U.K.
    • 2.3.1. Market
      • 2.3.1.1. Potential Buyers
      • 2.3.1.2. Key Manufacturers/Suppliers in the U.K.
      • 2.3.1.3. Business Challenges
      • 2.3.1.4. Business Drivers
    • 2.3.2. Application
      • 2.3.2.1. U.K. Recyclable Thermoset Market (by Application), Volume and Value Data
    • 2.3.3. Product
      • 2.3.3.1. U.K. Recyclable Thermoset Market (by Resin Type), Volume and Value Data
      • 2.3.3.2. U.K. Recyclable Thermoset Market (by Technology), Volume and Value Data

3. Markets - Competitive Benchmarking & Company Profiles

  • 3.1. Competitive Benchmarking
    • 3.1.1. Competitive Position Matrix
    • 3.1.2. Product Services Offered by Key Companies
    • 3.1.3. Market Share Analysis of Key Companies
  • 3.2. Company Profiles
    • 3.2.1. MCR Mixt Composites Recyclables
      • 3.2.1.1. Company Overview
      • 3.2.1.2. Role of MCR Mixt Composites Recyclables in the Recyclable Thermoset Market
        • 3.2.1.2.1. Product Portfolio
      • 3.2.1.3. Analyst View
    • 3.2.2. GAIKER Technology Center
      • 3.2.2.1. Company Overview
      • 3.2.2.2. Role of GAIKER Technology Center in the Recyclable Thermoset Market
        • 3.2.2.2.1. Product Portfolio
      • 3.2.2.3. Analyst View
    • 3.2.3. Mobius Technologies GmbH
      • 3.2.3.1. Company Overview
      • 3.2.3.2. Role of Mobius Technologies GmbH in the Recyclable Thermoset Market
        • 3.2.3.2.1. Product Portfolio
      • 3.2.3.3. Analyst View
    • 3.2.4. BASF SE
      • 3.2.4.1. Company Overview
      • 3.2.4.2. Role of BASF SE in the Recyclable Thermoset Market
        • 3.2.4.2.1. Product Portfolio
      • 3.2.4.3. Business Strategies
        • 3.2.4.3.1. Product Development
      • 3.2.4.4. R&D Analysis
      • 3.2.4.5. Analyst View
    • 3.2.5. Northstar Recycling Company, Inc.
      • 3.2.5.1. Company Overview
      • 3.2.5.2. Role of Northstar Recycling Company, Inc. in the Recyclable Thermoset Market
        • 3.2.5.2.1. Product Portfolio
      • 3.2.5.3. Analyst View
    • 3.2.6. Gr3n Recycling
      • 3.2.6.1. Company Overview
      • 3.2.6.2. Role of Gr3n Recycling in the Recyclable Thermoset Market
      • 3.2.6.3. Product Portfolio
      • 3.2.6.4. Business Strategies
        • 3.2.6.4.1. Market Developments
      • 3.2.6.5. Corporate Strategies
        • 3.2.6.5.1. Partnerships, Collaborations, Acquisitions, and Joint Ventures
      • 3.2.6.6. Analyst View

4. Research Methodology

  • 4.1. Primary Data Sources
  • 4.2. Secondary Data Sources
  • 4.3. Top-Down and Bottom-Up Approach
  • 4.4. Assumptions and Limitations
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Product Code: MCP1655SS

List of Figures

  • Figure 1: Recyclable Thermoset Market, $Million, 2021-2031
  • Figure 2: Recyclable Thermoset Market (by Application), $Million, 2021 and 2031
  • Figure 3: Recyclable Thermoset Market (by Resin Type), $Million, 2021 and 2031
  • Figure 4: Recyclable Thermoset Market (by Technology), $Million, 2021 and 2031
  • Figure 5: Recyclable Thermoset Market (by Region), $Million, 2021 and 2031
  • Figure 6: Wind Power Generation (by Year), 2010, 2020, and 2030
  • Figure 7: Value Chain for Virgin Thermoset
  • Figure 8: Value Chain for Thermoset Recycling
  • Figure 9: Value Addition for Recyclable Thermoset Value Chain
  • Figure 10: Impact of COVID-19 on Automotive Production and its Recovery, 2020 and 2021
  • Figure 11: Market Dynamics
  • Figure 12: Major Development in the Recyclable Thermoset Market
  • Figure 13: Share of Key Market Strategies and Developments, January 2019-December 2022
  • Figure 14: Share of Developments (by Company), January 2019-December 2022
  • Figure 15: Porter's Five Forces Analysis for Recyclable Thermoset Market
  • Figure 16: Comparative Analysis of Technologies in the Recyclable Thermoset Market
  • Figure 17: Product Life Cycle (PLC) Analysis for Major Applications of Recyclable Thermosets
  • Figure 18: Recyclable Thermoset Market Volume (by Region), 2021 and 2031
  • Figure 19: Recyclable Thermoset Market Value (by Region), 2021 and 2031
  • Figure 20: Europe Recyclable Thermoset Market, 2021-2031
  • Figure 21: Europe Recyclable Thermoset Market Volume, by Country (2021 and 2031)
  • Figure 22: Europe Recyclable Thermoset Market Value, by Country (2021 and 2031)
  • Figure 23: U.K. Recyclable Thermoset Market, 2021-2031
  • Figure 24: Market Share of Key Companies
  • Figure 25: BASF SE: R&D Expenditure, $Billion, 2020-2022
  • Figure 26: Research Methodology
  • Figure 27: Top-Down and Bottom-Up Approach
  • Figure 28: Influencing Factors of the Recyclable Thermoset Market
  • Figure 29: Assumptions and Limitations

List of Tables

  • Table 1: Recyclable Thermoset Market Snapshot, $Million, 2021 and 2031
  • Table 2: List of Programs by Research Institutions and Universities
  • Table 3: Key Product Developments, January 2019-December 2022
  • Table 4: Key Product Developments, January 2019-December 2022
  • Table 5: Key Product Developments, January 2019-December 2022
  • Table 6: Key Factors Determining Bargaining Power of Buyers in the Recyclable Thermoset Market
  • Table 7: Key Factors Determining Bargaining Power of Suppliers in the Recyclable Thermoset Market
  • Table 8: Key Factors Determining Threat of New Entrants in the Recyclable Thermoset Market
  • Table 9: Key Factors Determining Threat of Substitutes in the Recyclable Thermoset Market
  • Table 10: Key Factors Determining Intensity of Competitive Rivalry in the Recyclable Thermoset Market
  • Table 11: Opportunity Analysis by Companies
  • Table 12: Recyclable Thermoset Market (by Region), Kilo Tons, 2021-2031
  • Table 13: Recyclable Thermoset Market (by Region), $Million, 2021-2031
  • Table 14: Europe Recyclable Thermoset Market (by Application), Kilo Tons, 2021-2031
  • Table 15: Europe Recyclable Thermoset Market (by Application), $Million, 2021-2031
  • Table 16: Europe Recyclable Thermoset Market (by Resin Type), Kilo Tons, 2021-2031
  • Table 17: Europe Recyclable Thermoset Market (by Resin Type), $Million, 2021-2031
  • Table 18: Europe Recyclable Thermoset Market (by Technology), Kilo Tons, 2021-2031
  • Table 19: Europe Recyclable Thermoset Market (by Technology), $Million, 2021-2031
  • Table 20: Europe Recyclable Thermoset Market (by Country), Kilo Tons, 2021-2031
  • Table 21: Europe Recyclable Thermoset Market (by Country), $Million, 2021-2031
  • Table 22: Germany Recyclable Thermoset Market (by Application), Kilo Tons, 2021-2031
  • Table 23: Germany Recyclable Thermoset Market (by Application), $Million, 2021-2031
  • Table 24: Germany Recyclable Thermoset Market (by Resin Type), Kilo Tons, 2021-2031
  • Table 25: Germany Recyclable Thermoset Market (by Resin Type), $Million, 2021-2031
  • Table 26: Germany Recyclable Thermoset Market (by Technology), Kilo Tons, 2021-2031
  • Table 27: Germany Recyclable Thermoset Market (by Technology), $Million, 2021-2031
  • Table 28: France Recyclable Thermoset Market (by Application), Kilo Tons, 2021-2031
  • Table 29: France Recyclable Thermoset Market (by Application), $Million, 2021-2031
  • Table 30: France Recyclable Thermoset Market (by Resin Type), Kilo Tons, 2021-2031
  • Table 31: France Recyclable Thermoset Market (by Resin Type), $Million, 2021-2031
  • Table 32: France Recyclable Thermoset Market (by Technology), Kilo Tons, 2021-2031
  • Table 33: France Recyclable Thermoset Market (by Technology), $Million, 2021-2031
  • Table 34: Italy Recyclable Thermoset Market (by Application), Kilo Tons, 2021-2031
  • Table 35: Italy Recyclable Thermoset Market (by Application), $Million, 2021-2031
  • Table 36: Italy Recyclable Thermoset Market (by Resin Type), Kilo Tons, 2021-2031
  • Table 37: Italy Recyclable Thermoset Market (by Resin Type), $Million, 2021-2031
  • Table 38: Italy Recyclable Thermoset Market (by Technology), Kilo Tons, 2021-2031
  • Table 39: Italy Recyclable Thermoset Market (by Technology), $Million, 2021-2031
  • Table 40: Spain Recyclable Thermoset Market (by Application), Kilo Tons, 2021-2031
  • Table 41: Spain Recyclable Thermoset Market (by Application), $Million, 2021-2031
  • Table 42: Spain Recyclable Thermoset Market (by Resin Type), Kilo Tons, 2021-2031
  • Table 43: Spain Recyclable Thermoset Market (by Resin Type), $Million, 2021-2031
  • Table 44: Spain Recyclable Thermoset Market (by Technology), Kilo Tons, 2021-2031
  • Table 45: Spain Recyclable Thermoset Market (by Technology), $Million, 2021-2031
  • Table 46: Rest-of-Europe Recyclable Thermoset Market (by Application), Kilo Tons, 2021-2031
  • Table 47: Rest-of-Europe Recyclable Thermoset Market (by Application), $Million, 2021-2031
  • Table 48: Rest-of-Europe Recyclable Thermoset Market (by Resin Type), Kilo Tons, 2021-2031
  • Table 49: Rest-of-Europe Recyclable Thermoset Market (by Resin Type), $Million, 2021-2031
  • Table 50: Rest-of-Europe Recyclable Thermoset Market (by Technology), Kilo Tons, 2021-2031
  • Table 51: Rest-of-Europe Recyclable Thermoset Market (by Technology), $Million, 2021-2031
  • Table 52: U.K. Recyclable Thermoset Market (by Application), Kilo Tons, 2021-2031
  • Table 53: U.K. Recyclable Thermoset Market (by Application), $Million, 2021-2031
  • Table 54: U.K. Recyclable Thermoset Market (by Resin Type), Kilo Tons, 2021-2031
  • Table 55: U.K. Recyclable Thermoset Market (by Resin Type), $Million, 2021-2031
  • Table 56: U.K. Recyclable Thermoset Market (by Technology), Kilo Tons, 2021-2031
  • Table 57: U.K. Recyclable Thermoset Market (by Technology), $Million, 2021-2031
  • Table 58: Product Services Offered by Key Companies
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