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The global aircraft recycling market was valued at USD 5.3 billion in 2024 and is estimated to grow at a CAGR of 9.7% from 2025 to 2034.
The aircraft recycling industry is growing due to expanding global fleets and faster aircraft retirements. Airlines worldwide are upgrading to fuel-efficient models to meet environmental goals and cut costs. This trend leads to more frequent retirement of older aircraft, creating steady demand for dismantling and recycling services. Companies in the aircraft recycling sector are teaming up to improve sustainability and recycling processes. These partnerships bring together manufacturers, recyclers, and tech firms, combining their skills and resources.
For instance, in May 2024, TARMAC Aerosave and ATR expanded their partnership to improve recycling for regional aircraft. They aim to enhance end-of-life processes for ATR's planes by combining TARMAC Aerosave's dismantling expertise with ATR's environmental commitment. This collaboration showcases both companies' efforts to boost aviation sustainability through better recycling practices.
Report Attribute | Details |
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Base Year: | 2024 |
Aircraft Recycling Market Size in 2024: | USD 5.3 Billion |
Forecast Period: | 2025 – 2034 |
Forecast Period 2025 – 2034 CAGR: | 9.7% |
2025 – 2034 Value Projection: | USD 13.2 Billion |
Historical Data for: | 2021 – 2024 |
No. of Pages: | 210 |
Tables, Charts & Figures: | 258 |
Segments covered: | Aircraft, type, material & region |
Growth Drivers: |
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Pitfalls & Challenges: |
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The aircraft recycling market is evolving, focusing on sustainability, efficiency, and technology. Companies are developing processes to maximize material recovery and reduce waste, while investing in advanced technologies like automation to improve dismantling precision. The industry is also seeing more partnerships between manufacturers, airlines, and recyclers to create comprehensive end-of-life solutions for aircraft.