PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1627996
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1627996
Aircraft Recycling Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025 - 2034
The Global Aircraft Recycling Market reached USD 5.3 billion in 2024 and is projected to experience significant growth, with a CAGR of 9.7% from 2025 to 2034. The market is expanding due to the increasing global fleets and the accelerated pace of aircraft retirements. Airlines are replacing older models with more fuel-efficient aircraft to reduce operational costs and meet environmental targets. As a result, the frequency of aircraft retirements is rising, driving the demand for recycling and dismantling services. Additionally, industry players are forming strategic collaborations to enhance sustainability and optimize recycling processes, bringing together recyclers, manufacturers, and technology firms to leverage their expertise.
The aircraft recycling sector is evolving, focusing on sustainability, efficiency, and technological innovation. Companies are working to improve recycling processes, aiming to recover more materials and minimize waste. Investment in advanced technologies, such as automation enables more precise dismantling operations. Moreover, an increasing number of collaborations between aircraft manufacturers, airlines, and recyclers are contributing to the development of comprehensive end-of-life solutions for aircraft, enhancing the overall efficiency of the recycling process.
Based on material types, the market is segmented into titanium alloys, aluminum, and other materials. Among these, aluminum is expected to witness the highest growth, with a projected CAGR of 9.5% during 2025-2034. Aluminum is a major component of aircraft and is highly sought after in the recycling industry. As airlines and operators seek to adopt more sustainable practices, aluminum recycling has become an essential part of the industry's efforts to reduce environmental impact. The recycling of aluminum from retired aircraft not only conserves valuable resources but also uses significantly less energy compared to producing new aluminum, making it an attractive option for various industries such as automotive, construction, and manufacturing.
| Market Scope | |
|---|---|
| Start Year | 2024 |
| Forecast Year | 2025-2034 |
| Start Value | $5.3 Billion |
| Forecast Value | $13.2 Billion |
| CAGR | 9.7% |
The market is also categorized based on the type of aircraft, including narrow-body, wide-body, regional jets, and turboprop aircraft. The narrow-body segment leads the market due to the high volume of these aircraft in short- and medium-haul routes. Their simpler design and smaller components make them easier to recycle, making them a preferred choice for recyclers. The growing use of narrow-body aircraft by budget and regional carriers further contributes to the increasing number of retired planes being sent for recycling.
North America aircraft recycling market held a 53.6% share in 2024. The market's growth in the U.S. is driven by a strong emphasis on sustainability, with airlines, manufacturers, and regulatory bodies pushing for greener aircraft disposal practices. As fleets age and modernize, the demand for eco-friendly recycling methods continues to rise, promoting the adoption of new technologies to recover valuable materials like aluminum and titanium while reducing waste.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Market scope & definitions
- 1.2 Base estimates & calculations
- 1.3 Forecast calculations
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid sources
- 1.4.2.2 Public sources
Chapter 2 Executive Summary
- 2.1 Industry synopsis, 2021-2034
Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.1.1 Factor affecting the value chain
- 3.1.2 Profit margin analysis
- 3.1.3 Disruptions
- 3.1.4 Future outlook
- 3.1.5 Manufacturers
- 3.1.6 Distributors
- 3.2 Supplier landscape
- 3.3 Profit margin analysis
- 3.4 Key news & initiatives
- 3.5 Regulatory landscape
- 3.6 Impact forces
- 3.6.1 Growth drivers
- 3.6.1.1 Increasing aircraft fleet and retirements
- 3.6.1.2 Advancements in recycling technologies
- 3.6.1.3 Increasing demand for aftermarket parts
- 3.6.1.4 Growth of the MRO (Maintenance, Repair, and Overhaul) sector
- 3.6.1.5 Increasing military and defense aircraft recycling
- 3.6.2 Industry pitfalls & challenges
- 3.6.2.1 Complex and costly dismantling processes
- 3.6.2.2 Limited infrastructure and standardization in emerging markets
- 3.6.1 Growth drivers
- 3.7 Growth potential analysis
- 3.8 Porter's analysis
- 3.9 PESTEL analysis
Chapter 4 Competitive Landscape, 2024
- 4.1 Introduction
- 4.2 Company market share analysis
- 4.3 Competitive positioning matrix
- 4.4 Strategic outlook matrix
Chapter 5 Market Estimates & Forecast, By Aircraft, 2021-2034 (USD Million)
- 5.1 Key trends
- 5.2 Narrow-body
- 5.2.1 Engines
- 5.2.2 Landing gear
- 5.2.3 Fuselages
- 5.2.4 Avionics
- 5.2.5 Others
- 5.3 Wide-body
- 5.3.1 Engines
- 5.3.2 Landing gear
- 5.3.3 Fuselages
- 5.3.4 Avionics
- 5.3.5 Others
- 5.4 Regional jets
- 5.4.1 Engines
- 5.4.2 Landing gear
- 5.4.3 Fuselages
- 5.4.4 Avionics
- 5.4.5 Others
- 5.5 Turboprop
- 5.5.1 Engines
- 5.5.2 Landing gear
- 5.5.3 Fuselages
- 5.5.4 Avionics
- 5.5.5 Others
Chapter 6 Market Estimates & Forecast, By Type, 2021-2034 (USD Million)
- 6.1 Key trends
- 6.2 Passenger
- 6.3 Cargo
Chapter 7 Market Estimates & Forecast, By Material, 2021-2034 (USD Million)
- 7.1 Key trends
- 7.2 Aluminum
- 7.3 Titanium alloys
- 7.4 other
Chapter 8 Market Estimates & Forecast, By Region, 2021-2034 (USD Million)
- 8.1 Key trends
- 8.2 North America
- 8.2.1 U.S.
- 8.2.2 Canada
- 8.3 Europe
- 8.3.1 UK
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 Italy
- 8.3.5 Spain
- 8.3.6 Russia
- 8.4 Asia Pacific
- 8.4.1 China
- 8.4.2 India
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 Australia
- 8.5 Latin America
- 8.5.1 Brazil
- 8.5.2 Mexico
- 8.6 MEA
- 8.6.1 South Africa
- 8.6.2 Saudi Arabia
- 8.6.3 UAE
Chapter 9 Company Profiles
- 9.1 Aerocycle
- 9.2 Aircraft End-of-Life Solutions
- 9.3 Aircraft Recycling International Limited
- 9.4 Airbus
- 9.5 Apple Aviation
- 9.6 Athens Aeroservices
- 9.7 Aviation International Recycling SL
- 9.8 CAVU
- 9.9 ComAv
- 9.10 Dubai Aerospace Enterprise
- 9.11 KLM UK Engineering
- 9.12 MoreAero GmbH
- 9.13 Sycamore Aviation
- 9.14 Tarmac Aerosave
- 9.15 Vallair
