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Global Onshore Wind Turbine Scrapping and Recycling Market Research Report 2024
Synopsis
Wind turbines are made up of many materials that have substantial salvage value at the end of its operational life and are recyclable. In fact, 80-94% of a wind turbine’s mass consists of easily recycled materials, such as steel / iron (approximately 88% of a turbine’s mass), aluminum (approximately 0.7%), and copper (approximately 2.7%). Other wind turbine components such as blades, nacelle covers and rotor covers are made of up composite materials, mostly fiberglass and carbon fiber, which, while nontoxic and safe, are more difficult to process for other purposes. However, these components make up roughly only 8% of a wind turbine’s total mass.
In addition, as described more below, the wind energy industry and other partners are expanding options to recycle and reuse even these historically tougher to process materials. While wind energy projects are expected to operate for 20 to 35 years, individual wind turbine components like rotor blades and covers may need upgrading or replacing sooner because of normal wear from exposure to the elements, or improvements in technology.
The global Onshore Wind Turbine Scrapping and Recycling market was valued at US$ 29 million in 2023 and is anticipated to reach US$ 990.2 million by 2030, witnessing a CAGR of 38.9% during the forecast period 2024-2030.
The major global manufacturers of onshore wind turbine scrapping and recycling are HJHansen Recycling Group, Schnitzer Steel, Belson Steel, Veolia, Stena Recycling, Carbon Rivers, and Fengnuo Environmental, etc. The largest producer is HJHansen Recycling Group, with a market share of 15.71%. Global onshore wind turbine scrapping and recycling production regions are mainly located in North America, Europe, China, Japan and so on. The consumer markets are mainly located in North America, Europe, China, etc., with Europe having the largest market share at 85.73%. In terms of its product category, mechanical processes has the highest market share of over 99%. In terms of its application, the steel&iron industry is its top application area, accounting for 54.07% of the market share, followed by copper industry and permanent magnet industry, with 29.7% and 10.53% respectively.
This report aims to provide a comprehensive presentation of the global market for Onshore Wind Turbine Scrapping and Recycling, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Onshore Wind Turbine Scrapping and Recycling.
Report Scope
The Onshore Wind Turbine Scrapping and Recycling market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Onshore Wind Turbine Scrapping and Recycling market comprehensively. Regional market sizes, concerning products by Treatment Method, by Material, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Onshore Wind Turbine Scrapping and Recycling companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Treatment Method, by Material, and by regions.
Market Segmentation
By Company
HJHansen Recycling Group
Schnitzer Steel
Belson Steel
Veolia
Stena Recycling
Carbon Rivers
Fengnuo Environmental
Segment by Treatment Method
Mechanical Processes
Thermal Processes
Thermo-chemical Processes
Segment by Material
Steel & Iron
Copper
Aluminum
Permanent Magnet
Composites
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Treatment Method, by Material, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Onshore Wind Turbine Scrapping and Recycling companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Treatment Method, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Material, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Wind turbines are made up of many materials that have substantial salvage value at the end of its operational life and are recyclable. In fact, 80-94% of a wind turbine’s mass consists of easily recycled materials, such as steel / iron (approximately 88% of a turbine’s mass), aluminum (approximately 0.7%), and copper (approximately 2.7%). Other wind turbine components such as blades, nacelle covers and rotor covers are made of up composite materials, mostly fiberglass and carbon fiber, which, while nontoxic and safe, are more difficult to process for other purposes. However, these components make up roughly only 8% of a wind turbine’s total mass.
In addition, as described more below, the wind energy industry and other partners are expanding options to recycle and reuse even these historically tougher to process materials. While wind energy projects are expected to operate for 20 to 35 years, individual wind turbine components like rotor blades and covers may need upgrading or replacing sooner because of normal wear from exposure to the elements, or improvements in technology.
The global Onshore Wind Turbine Scrapping and Recycling market was valued at US$ 29 million in 2023 and is anticipated to reach US$ 990.2 million by 2030, witnessing a CAGR of 38.9% during the forecast period 2024-2030.
The major global manufacturers of onshore wind turbine scrapping and recycling are HJHansen Recycling Group, Schnitzer Steel, Belson Steel, Veolia, Stena Recycling, Carbon Rivers, and Fengnuo Environmental, etc. The largest producer is HJHansen Recycling Group, with a market share of 15.71%. Global onshore wind turbine scrapping and recycling production regions are mainly located in North America, Europe, China, Japan and so on. The consumer markets are mainly located in North America, Europe, China, etc., with Europe having the largest market share at 85.73%. In terms of its product category, mechanical processes has the highest market share of over 99%. In terms of its application, the steel&iron industry is its top application area, accounting for 54.07% of the market share, followed by copper industry and permanent magnet industry, with 29.7% and 10.53% respectively.
This report aims to provide a comprehensive presentation of the global market for Onshore Wind Turbine Scrapping and Recycling, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Onshore Wind Turbine Scrapping and Recycling.
Report Scope
The Onshore Wind Turbine Scrapping and Recycling market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Onshore Wind Turbine Scrapping and Recycling market comprehensively. Regional market sizes, concerning products by Treatment Method, by Material, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Onshore Wind Turbine Scrapping and Recycling companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Treatment Method, by Material, and by regions.
Market Segmentation
By Company
HJHansen Recycling Group
Schnitzer Steel
Belson Steel
Veolia
Stena Recycling
Carbon Rivers
Fengnuo Environmental
Segment by Treatment Method
Mechanical Processes
Thermal Processes
Thermo-chemical Processes
Segment by Material
Steel & Iron
Copper
Aluminum
Permanent Magnet
Composites
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Treatment Method, by Material, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Onshore Wind Turbine Scrapping and Recycling companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Treatment Method, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Material, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Treatment Method
1.2.1 Global Onshore Wind Turbine Scrapping and Recycling Market Size Growth Rate by Treatment Method: 2019 VS 2023 VS 2030
1.2.2 Mechanical Processes
1.2.3 Thermal Processes
1.2.4 Thermo-chemical Processes
1.3 Market by Material
1.3.1 Global Onshore Wind Turbine Scrapping and Recycling Market Growth by Material: 2019 VS 2023 VS 2030
1.3.2 Steel & Iron
1.3.3 Copper
1.3.4 Aluminum
1.3.5 Permanent Magnet
1.3.6 Composites
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Onshore Wind Turbine Scrapping and Recycling Market Perspective (2019-2030)
2.2 Onshore Wind Turbine Scrapping and Recycling Growth Trends by Region
2.2.1 Global Onshore Wind Turbine Scrapping and Recycling Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Onshore Wind Turbine Scrapping and Recycling Historic Market Size by Region (2019-2024)
2.2.3 Onshore Wind Turbine Scrapping and Recycling Forecasted Market Size by Region (2025-2030)
2.3 Onshore Wind Turbine Scrapping and Recycling Market Dynamics
2.3.1 Onshore Wind Turbine Scrapping and Recycling Industry Trends
2.3.2 Onshore Wind Turbine Scrapping and Recycling Market Drivers
2.3.3 Onshore Wind Turbine Scrapping and Recycling Market Challenges
2.3.4 Onshore Wind Turbine Scrapping and Recycling Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Onshore Wind Turbine Scrapping and Recycling Players by Revenue
3.1.1 Global Top Onshore Wind Turbine Scrapping and Recycling Players by Revenue (2019-2024)
3.1.2 Global Onshore Wind Turbine Scrapping and Recycling Revenue Market Share by Players (2019-2024)
3.2 Global Onshore Wind Turbine Scrapping and Recycling Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Onshore Wind Turbine Scrapping and Recycling Revenue
3.4 Global Onshore Wind Turbine Scrapping and Recycling Market Concentration Ratio
3.4.1 Global Onshore Wind Turbine Scrapping and Recycling Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Onshore Wind Turbine Scrapping and Recycling Revenue in 2023
3.5 Onshore Wind Turbine Scrapping and Recycling Key Players Head office and Area Served
3.6 Key Players Onshore Wind Turbine Scrapping and Recycling Product Solution and Service
3.7 Date of Enter into Onshore Wind Turbine Scrapping and Recycling Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Onshore Wind Turbine Scrapping and Recycling Breakdown Data by Treatment Method
4.1 Global Onshore Wind Turbine Scrapping and Recycling Historic Market Size by Treatment Method (2019-2024)
4.2 Global Onshore Wind Turbine Scrapping and Recycling Forecasted Market Size by Treatment Method (2025-2030)
5 Onshore Wind Turbine Scrapping and Recycling Breakdown Data by Material
5.1 Global Onshore Wind Turbine Scrapping and Recycling Historic Market Size by Material (2019-2024)
5.2 Global Onshore Wind Turbine Scrapping and Recycling Forecasted Market Size by Material (2025-2030)
6 North America
6.1 North America Onshore Wind Turbine Scrapping and Recycling Market Size (2019-2030)
6.2 North America Onshore Wind Turbine Scrapping and Recycling Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Onshore Wind Turbine Scrapping and Recycling Market Size by Country (2019-2024)
6.4 North America Onshore Wind Turbine Scrapping and Recycling Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Onshore Wind Turbine Scrapping and Recycling Market Size (2019-2030)
7.2 Europe Onshore Wind Turbine Scrapping and Recycling Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Onshore Wind Turbine Scrapping and Recycling Market Size by Country (2019-2024)
7.4 Europe Onshore Wind Turbine Scrapping and Recycling Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Onshore Wind Turbine Scrapping and Recycling Market Size (2019-2030)
8.2 Asia-Pacific Onshore Wind Turbine Scrapping and Recycling Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Onshore Wind Turbine Scrapping and Recycling Market Size by Region (2019-2024)
8.4 Asia-Pacific Onshore Wind Turbine Scrapping and Recycling Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Onshore Wind Turbine Scrapping and Recycling Market Size (2019-2030)
9.2 Latin America Onshore Wind Turbine Scrapping and Recycling Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Onshore Wind Turbine Scrapping and Recycling Market Size by Country (2019-2024)
9.4 Latin America Onshore Wind Turbine Scrapping and Recycling Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Onshore Wind Turbine Scrapping and Recycling Market Size (2019-2030)
10.2 Middle East & Africa Onshore Wind Turbine Scrapping and Recycling Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Onshore Wind Turbine Scrapping and Recycling Market Size by Country (2019-2024)
10.4 Middle East & Africa Onshore Wind Turbine Scrapping and Recycling Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 HJHansen Recycling Group
11.1.1 HJHansen Recycling Group Company Detail
11.1.2 HJHansen Recycling Group Business Overview
11.1.3 HJHansen Recycling Group Onshore Wind Turbine Scrapping and Recycling Introduction
11.1.4 HJHansen Recycling Group Revenue in Onshore Wind Turbine Scrapping and Recycling Business (2019-2024)
11.1.5 HJHansen Recycling Group Recent Development
11.2 Schnitzer Steel
11.2.1 Schnitzer Steel Company Detail
11.2.2 Schnitzer Steel Business Overview
11.2.3 Schnitzer Steel Onshore Wind Turbine Scrapping and Recycling Introduction
11.2.4 Schnitzer Steel Revenue in Onshore Wind Turbine Scrapping and Recycling Business (2019-2024)
11.2.5 Schnitzer Steel Recent Development
11.3 Belson Steel
11.3.1 Belson Steel Company Detail
11.3.2 Belson Steel Business Overview
11.3.3 Belson Steel Onshore Wind Turbine Scrapping and Recycling Introduction
11.3.4 Belson Steel Revenue in Onshore Wind Turbine Scrapping and Recycling Business (2019-2024)
11.3.5 Belson Steel Recent Development
11.4 Veolia
11.4.1 Veolia Company Detail
11.4.2 Veolia Business Overview
11.4.3 Veolia Onshore Wind Turbine Scrapping and Recycling Introduction
11.4.4 Veolia Revenue in Onshore Wind Turbine Scrapping and Recycling Business (2019-2024)
11.4.5 Veolia Recent Development
11.5 Stena Recycling
11.5.1 Stena Recycling Company Detail
11.5.2 Stena Recycling Business Overview
11.5.3 Stena Recycling Onshore Wind Turbine Scrapping and Recycling Introduction
11.5.4 Stena Recycling Revenue in Onshore Wind Turbine Scrapping and Recycling Business (2019-2024)
11.5.5 Stena Recycling Recent Development
11.6 Carbon Rivers
11.6.1 Carbon Rivers Company Detail
11.6.2 Carbon Rivers Business Overview
11.6.3 Carbon Rivers Onshore Wind Turbine Scrapping and Recycling Introduction
11.6.4 Carbon Rivers Revenue in Onshore Wind Turbine Scrapping and Recycling Business (2019-2024)
11.6.5 Carbon Rivers Recent Development
11.7 Fengnuo Environmental
11.7.1 Fengnuo Environmental Company Detail
11.7.2 Fengnuo Environmental Business Overview
11.7.3 Fengnuo Environmental Onshore Wind Turbine Scrapping and Recycling Introduction
11.7.4 Fengnuo Environmental Revenue in Onshore Wind Turbine Scrapping and Recycling Business (2019-2024)
11.7.5 Fengnuo Environmental Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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