Latin America Recycled Composites Market Size & Outlook

The recycled composites market in Latin America is expected to reach a projected revenue of US$ 114.9 million by 2033. A compound annual growth rate of 5.2% is expected of Latin America recycled composites market from 2025 to 2033.
Revenue, 2024 (US$M)
$72.8
Forecast, 2033 (US$M)
$114.9
CAGR, 2025 - 2033
5.2%
Report Coverage
Latin America

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Latin America recycled composites market, 2021-2033 (US$M)

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Latin America recycled composites market highlights

  • The Latin America recycled composites market generated a revenue of USD 72.8 million in 2024.
  • The market is expected to grow at a CAGR of 5.2% from 2025 to 2033.
  • In terms of segment, recycled glass fiber (rgf) was the largest revenue generating fiber type in 2024.
  • Recycled Carbon Fiber (rCF) is the most lucrative fiber type segment registering the fastest growth during the forecast period.


Latin America data book summary

Market revenue in 2024USD 72.8 million
Market revenue in 2033USD 114.9 million
Growth rate5.2% (CAGR from 2025 to 2033)
Largest segmentRecycled glass fiber (rgf)
Fastest growing segmentRecycled Carbon Fiber (rCF)
Historical data covered2021 - 2023
Base year for estimation2024
Forecast period covered2025 - 2033
Quantitative unitsRevenue in USD million
Market segmentationRecycled Carbon Fiber (rCF), Recycled Glass Fiber (rGF)


Other key industry trends

  • In terms of revenue, Latin America region accounted for 7.9% of the global recycled composites market in 2024.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 541.6 million by 2033.

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Recycled Composites Market Companies

Name Profile # Employees HQ Website
UPM Technology Inc. View profile 51-100 Hillsboro, Oregon, United States, North America https://upm.ai
Fiberon View profile 101-250 Wigston, Leicestershire, United Kingdom, Europe https://www.fiberondecking.com/
Trex View profile 1-10 San Francisco, California, United States, North America http://www.gettrex.com
Vartega View profile 11-50 Golden, Colorado, United States, North America http://www.vartega.com
Carbon Conversions View profile 11-50 Lake City, South Carolina, United States, North America https://carbonconversions.com/
SGL Carbon View profile 5001-10000 Wiesbaden, Hessen, Germany, Europe http://sglcarbon.com
Mitsubishi Chemical Group Corp View profile 74632 1-1 Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8251 https://www.mcgc.com
Solvay SA View profile 9000 Rue De Ransbeek, 310, Brussels, Belgium, B-1120 https://www.solvay.com
Toray Industries Inc View profile 48682 Nihonbashi Mitsui Tower 2-1-1, Nihonbashi Muromach, Chuo-ku, Tokyo, Japan, 103-8666 http://www.toray.co.jp

Latin America recycled composites market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to recycled composites market will help companies and investors design strategic landscapes.


Recycled glass fiber (rgf) was the largest segment with a revenue share of 58.93% in 2024. Horizon Databook has segmented the Latin America recycled composites market based on recycled carbon fiber (rcf), recycled glass fiber (rgf) covering the revenue growth of each sub-segment from 2021 to 2033.


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Target buyers of Latin America recycled composites market databook

  • Our clientele includes a mix of recycled composites market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America recycled composites market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America recycled composites market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

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Latin America Recycled Composites Market Outlook Share, 2024 & 2033 (US$M)

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