Wind Turbine Scrap Market Outlook: Growth and Insights

Wind Turbine Scrap Market Size Was Valued at USD 3.9 Billion in 2023, and is Projected to Reach USD 7.6 Billion by 2032, Growing at a CAGR of 7.7% From 2024-2032.

As such, the Global Wind Turbine Scrap embraces the process of reclaiming and preparing material from working wind turbines or those that have malfunctioned. Thus, this market separates out the components used in the construction of wind turbines such as blades, towers, nacelles that are predominantly fiberglass, steel and other composites. This has brought about change in sustainability and the creation of the circular economy, therefore, the interest in how these materials can be best recycles and reused. It has several chambers that involve the turbine makers, scrap dealers, recyclers, and other government and NGOs for the improved waste disposal and recovery of wastes.