Aircraft Recycling Market: By Aircraft, By Product Component, By Material, and Region Forecast 2020-2031
Aircraft Recycling Market size was valued at US$ 6.55 billion in 2024 and is expected to reach US$ 9.59 billion by 2031, growing at a significant CAGR of 5.6% from 2025-2031. The market refers to the industry involved in dismantling, disassembling, and recycling aircraft that have reached the end of their operational lives. The first step of aircraft recycling mainly involves dismantling aircraft components, followed by the sorting out of all the materials like aluminium, copper, alloy, etc. from the aircraft. The sorted components and materials are then treated and cleaned to avoid rusting and damage to the critical components of the aircraft.
The increasing quantity of retired and aging aircraft is propelling the global market forward. Projections from the Aircraft Fleet Recycling Association indicate that over 12,000 aircraft could undergo recycling shortly. Furthermore, heightened awareness among airlines about aircraft recycling is boosting market expansion. In countries like India, China, and Japan, where the aviation industry is rapidly growing, there is a growing preference for recycled aircraft parts due to their cost-effectiveness and reduced environmental footprint. Maintenance, Repair, and Overhaul (MRO) providers are making substantial investments in aircraft recycling to cater to the rising demand for aircraft components. However, constraints of the market include complex regulatory requirements, high initial investment costs for facilities and technology, and fragmented market dynamics limiting scalability and innovation.
Study Period
2025-2031Base Year
2024CAGR
5.6%Largest Market
North-AmericaFastest Growing Market
Asia-Pacific
The growth of the aircraft recycling market is bolstered by increasing emphasis on sustainability in the aviation sector, driven by heightened awareness of environmental impacts and climate change. Regulatory bodies worldwide are pivotal in driving this growth through stringent guidelines for environmentally responsible aircraft decommissioning. Aviation companies are increasingly adopting aircraft recycling to enhance their corporate social responsibility and sustainability profiles.
Additionally, the concept of the circular economy promotes the economic benefits of salvaging and reusing aircraft materials, reducing waste and resource consumption.Airlines and aircraft manufacturers are increasingly integrating sustainability into their business strategies, focusing on the entire aircraft life cycle from inception to disposal. Aircraft recycling is emerging as a crucial element in this holistic approach towards creating a sustainable aviation ecosystem. Economic advantages stemming from salvaging and reselling valuable materials like aluminum, titanium, and composites from decommissioned aircraft are also driving market growth. This economic incentive is spurring advancements in recycling technologies and infrastructure, thereby boosting revenue in the market.
Report Benchmarks |
Details |
Report Study Period |
2025-2031 |
Market Size in 2024 |
US$ 6.55 billion |
Market Size in 2031 |
US$ 9.59 billion |
Market CAGR |
5.6% |
By Aircraft |
|
By Product |
|
By Material |
|
By Region |
|
Download Free Sample Report
The aircraft recycling market size was valued at US$ 6.55 billion in 2024 and is expected to reach US$ 9.59 billion by 2031, growing at a significant CAGR of 5.6% from 2025-2031.
The leading players in the market of aircraft recycling are Aircraft End-of-Life Solutions (AELS), Aircraft Part Out Company (APOC), Air Salvage International Ltd., Aviation International Recycling, Apple Aviation, Sycamore Aviation, VAS Aero Services, Tarmac Aerosave, Total Technic Ltd., Airbus, Boeing, DAE International, and Amentum.
The North American aircraft recycling market leads globally, driven by its large fleet of ageing aircraft, strict environmental regulations mandating responsible disposal practices, and a robust infrastructure supporting aerospace maintenance, repair, and overhaul (MRO) services.
The Asia-Pacific is the fastest-growing region for market.
1.Executive Summary |
2.Global Aircraft Recycling Market Introduction |
2.1.Global Aircraft Recycling Market - Taxonomy |
2.2.Global Aircraft Recycling Market - Definitions |
2.2.1.Aircraft |
2.2.2.Product |
2.2.3.Material |
2.2.4.Region |
3.Global Aircraft Recycling Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4.Global Aircraft Recycling Market Analysis, 2020 - 2024 and Forecast 2025 - 2031 |
4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5.Global Aircraft Recycling Market By Aircraft , 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
5.1. Narrow-body |
5.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Wide-body |
5.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Regional Jet |
5.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
6.Global Aircraft Recycling Market By Product, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
6.1. Engines |
6.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Landing Gear |
6.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Avionics |
6.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
7.Global Aircraft Recycling Market By Material , 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
7.1. Aluminum |
7.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Titanium |
7.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Alloys |
7.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
8.Global Aircraft Recycling Market By Region, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
8.1. North America |
8.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Europe |
8.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Asia Pacific (APAC) |
8.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
8.4. Middle East and Africa (MEA) |
8.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.4.3. Market Opportunity Analysis |
8.5. Latin America |
8.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.5.3. Market Opportunity Analysis |
9.North America Aircraft Recycling Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
9.1. Aircraft Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.1.1.Narrow-body |
9.1.2.Wide-body |
9.1.3.Regional Jet |
9.2. Product Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.2.1.Engines |
9.2.2.Landing Gear |
9.2.3.Avionics |
9.3. Material Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.3.1.Aluminum |
9.3.2.Titanium |
9.3.3.Alloys |
9.4. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.4.1.United States of America (USA) |
9.4.2.Canada |
10.Europe Aircraft Recycling Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
10.1. Aircraft Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.Narrow-body |
10.1.2.Wide-body |
10.1.3.Regional Jet |
10.2. Product Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.Engines |
10.2.2.Landing Gear |
10.2.3.Avionics |
10.3. Material Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.Aluminum |
10.3.2.Titanium |
10.3.3.Alloys |
10.4. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.4.1.Germany |
10.4.2.France |
10.4.3.Italy |
10.4.4.United Kingdom (UK) |
10.4.5.Spain |
11.Asia Pacific (APAC) Aircraft Recycling Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
11.1. Aircraft Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Narrow-body |
11.1.2.Wide-body |
11.1.3.Regional Jet |
11.2. Product Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.Engines |
11.2.2.Landing Gear |
11.2.3.Avionics |
11.3. Material Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.Aluminum |
11.3.2.Titanium |
11.3.3.Alloys |
11.4. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.4.1.China |
11.4.2.India |
11.4.3.Australia and New Zealand (ANZ) |
11.4.4.Japan |
11.4.5.Rest of APAC |
12.Middle East and Africa (MEA) Aircraft Recycling Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
12.1. Aircraft Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Narrow-body |
12.1.2.Wide-body |
12.1.3.Regional Jet |
12.2. Product Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.Engines |
12.2.2.Landing Gear |
12.2.3.Avionics |
12.3. Material Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.Aluminum |
12.3.2.Titanium |
12.3.3.Alloys |
12.4. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.4.1.GCC Countries |
12.4.2.South Africa |
12.4.3.Rest of MEA |
13.Latin America Aircraft Recycling Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
13.1. Aircraft Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.1.1.Narrow-body |
13.1.2.Wide-body |
13.1.3.Regional Jet |
13.2. Product Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.2.1.Engines |
13.2.2.Landing Gear |
13.2.3.Avionics |
13.3. Material Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.3.1.Aluminum |
13.3.2.Titanium |
13.3.3.Alloys |
13.4. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.4.1.Brazil |
13.4.2.Mexico |
13.4.3.Rest of LA |
14. Competition Landscape |
14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
14.2.1.Aircraft End-of-Life Solutions (AELS) |
14.2.2.Aircraft Part Out Company (APOC) |
14.2.3.Air Salvage International Ltd. |
14.2.4.Aviation International Recycling |
14.2.5.Apple Aviation |
14.2.6.Sycamore Aviation |
14.2.7.VAS Aero Services |
14.2.8.Tarmac Aerosave |
14.2.9.Total Technic Ltd. |
14.2.10.Airbus |
14.2.11.Boeing |
14.2.12.DAE International |
15. Research Methodology |
16. Appendix and Abbreviations |
Key Market Players