As the global economy recovers in 2021 and the supply of the industrial chain improves, the Wind Turbine Blade Recycling market will undergo major changes. The Wind Turbine Blade Recycling Market is expected to register at a CAGR of approximately 4.5% during the forecast period of 2022-2027. The COVID-19 pandemic has moderately affected the Wind Turbine Blade Recycling Market. Major countries such as China, the United States, and Germany have faced disruptions in decommissioning thier wind plants due to unexpected lockdowns, this inturn culminated for the delay in supply of turbine blades for recycling across the globe. The increasing number of offshore and onshore wind energy plants for decommissioning is expected to drive the growth of the market. However rising environmental and economic factors due to pollution occurs due to wind turbine blade recycling is hampering the growth of the market.
The global Wind Turbine Blade Recycling industry report provides top-notch qualitative and quantitative information including: Market size (2017-2021 value and 2022 forecast). The report also contains descriptions of key players, including key financial indicators and market competitive pressure analysis.
The report also assesses key opportunities in the market and outlines the factors that are and will drive the growth of the industry. Taking into account previous growth patterns, growth drivers, and current and future trends, we also forecast the overall growth of the global Wind Turbine Blade Recycling market during the next few years. The global Wind Turbine Blade Recycling market size will reach USD million in 2028, growing at a CAGR of % during the analysis period.
The Wind Turbine Blade Recycling market can be split based on product types, major applications, and important regions as follows:
LM Wind Power
Siemens Gamesa Renewable Energy SA
Vestas Wind Systems A/S
Veolia Environnement S.A.
Other Blade Materials
Thermo-Chemical Recycling (Pyrolysis)