The global wind turbine blade recycling market is set to experience significant growth, expanding from $64.96 billion in 2024 to $158.9 billion by 2030, driven by decommissioning of first-generation turbines reaching their end-of-life. This market expansion is being fueled by corporate sustainability commitments, integrated recycling initiatives, and regulatory actions particularly in North America and Europe to limit landfill disposal of blades. The focus on circular economy principles is fostering new business models for the management and recovery of blade materials, while demand for these recovered composites is increasing in sectors such as construction, automotive, and electronics. Key players in this sector are contributing to the evolving landscape by leveraging advanced processing technologies across the recycling value chain.

Elsewhere in the market, Doosan (KOSE:A000150) was a notable mover up 11.7% and ending the day at ₩1,780,000. At the same time, Quanzhou Jiadeli Electronics Material (SHSE:603435) softened, down 13.5% to close at CN¥86.08, not far from its 52-week low.

Best Energy Transition Stocks

• Tesla (NasdaqGS:TSLA) closed at $426.01 up 2%.
• GE Vernova (NYSE:GEV) finished trading at $1,038.74 down 0.5%.
• Equinor (OB:EQNR) finished trading at NOK360.00 down 1.4%.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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