The Global Mobility Application Recycled Materials Market was valued at USD 19.8 Billion in 2025 and is projected to reach USD 36.2 Billion by 2034, growing at a Compound Annual Growth Rate (CAGR) of 6.7% during the forecast period (2024–2034). This growth is being driven by stringent environmental regulations, rising consumer demand for sustainable vehicles, and significant advancements in material recycling technologies across the automotive and broader mobility sectors.

As the global mobility industry accelerates its transition toward a circular economy, the focus intensifies on the key material suppliers and recyclers who are enabling the shift from waste to resource. In this blog, we profile the Top 10 Companies in the Mobility Application Recycled Materials Industry—a dynamic mix of chemical giants, automotive component specialists, and recycling innovators shaping the future of sustainable transportation.

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🔟 1. Toray Industries, Inc.

Headquarters: Tokyo, Japan
Key Offering: Recycled Carbon Fiber, Bio-based Polymers, Advanced Composites

Toray Industries is a global leader in advanced materials, with a strong focus on developing and supplying high-performance recycled carbon fibers and composites for the mobility sector. Their materials are critical for vehicle lightweighting in both conventional and electric vehicles, helping to improve fuel efficiency and reduce emissions.

Sustainability Initiatives:

• Development of closed-loop recycling systems for carbon fiber composites

• Investment in chemical recycling technologies for complex material streams

• Commitment to carbon neutrality by 2050 through sustainable material innovation

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Mobility Application Recycled Materials Market – View in Detailed Research Report

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9️⃣ 2. Solvay S.A.

Headquarters: Brussels, Belgium
Key Offering: Recycled Engineering Plastics, Sustainable Composites, Circular Polymers

Solvay is a leading chemical company with a robust portfolio of circular solutions for the mobility industry. They specialize in producing high-quality recycled polymers and composites from end-of-life vehicles and industrial waste, offering materials that meet the stringent performance requirements of automotive OEMs.

Sustainability Initiatives:

• Solvay One Planet sustainability targets, including 100% circularity portfolio ambition

• Partnerships with automakers to integrate recycled content into new vehicle models

• Pioneering advanced recycling processes for carbon fiber and high-performance polymers

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8️⃣ 3. Faurecia (Part of FORVIA)

Headquarters: Nanterre, France
Key Offering: Recycled Interior Components, Sustainable Seating, Cockpit Modules

Faurecia, now part of the FORVIA group, is a top-tier automotive technology supplier that heavily integrates recycled materials into its interior systems. The company is renowned for its commitment to the circular economy, developing interiors with up to 65% recycled content.

Sustainability Initiatives:

• CO₂ neutrality targets for Scope 1 & 2 emissions by 2025

• Development of recycled PET fabrics and bio-based materials for seating and interiors

• Strategic collaborations with material recyclers to secure sustainable supply chains

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7️⃣ 4. Continental AG

Headquarters: Hanover, Germany
Key Offering: Recycled Tire Compounds, Sustainable Interior Surfaces, Eco-Friendly Elastomers

Continental is a major automotive supplier that incorporates recycled materials across its product lines, from tires to interior components. Their focus on sustainable material sourcing aligns with the automotive industry’s push for greater circularity and reduced environmental impact.

Sustainability Initiatives:

• Use of recycled PET in interior surfaces and insulation materials

• Development of tires containing recycled rubber and bio-based materials

• Commitment to 100% sustainable sourcing of key materials by 2050

Download FREE Sample Report:
Mobility Application Recycled Materials Market – View in Detailed Research Report

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6️⃣ 5. Neste Oyj

Headquarters: Espoo, Finland
Key Offering: Renewable Polymers, Circular Feedstocks, Chemical Recycling Solutions

Neste is transforming waste and residues into sustainable raw materials for the plastics and chemicals industries. Their recycled feedstocks are used to produce high-quality polymers for automotive applications, enabling manufacturers to reduce their carbon footprint.

Sustainability Initiatives:

• World’s leading producer of renewable diesel and sustainable aviation fuel

• Capacity target of 1.5 million tons of circular chemical and polymer feedstock by 2030

• Partnerships with chemical companies to scale up chemical recycling technologies

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5️⃣ 6. Unifi, Inc.

Headquarters: Greensboro, North Carolina, USA
Key Offering: REPREVE® Recycled Fibers, Sustainable Textiles, Performance Yarns

Unifi is a global textile solutions provider renowned for its REPREVE® brand of recycled fibers, which are widely used in automotive interiors. The company has transformed billions of plastic bottles into high-performance fibers for seats, headliners, and other interior components.

Sustainability Initiatives:

• Transformed over 35 billion plastic bottles into recycled fibers as of 2025

• Partnerships with major automotive brands for sustainable interior solutions

• Continuous innovation in fiber recycling technologies and processes

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4️⃣ 7. Celanese Corporation

Headquarters: Irving, Texas, USA
Key Offering: Recycled Engineering Thermoplastics, Acetyl Chain Products, Sustainable Polymers

Celanese is a global chemical and specialty materials company developing innovative recycled polymer solutions for the automotive industry. Their engineered materials help automotive manufacturers meet sustainability targets without compromising on performance or safety.

Sustainability Initiatives:

• Development of carbon capture and utilization technologies for polymer production

• Portfolio of certified circular polymers from advanced recycling processes

• Strategic focus on creating value chains for hard-to-recycle plastic waste

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3️⃣ 8. Custom Polymers, Inc.

Headquarters: Athens, Alabama, USA
Key Offering: Recycled Plastic Compounds, Custom Formulations, Post-Consumer Resins

Custom Polymers specializes in manufacturing high-quality recycled plastic compounds tailored for specific automotive applications. The company works closely with automotive suppliers to develop custom material solutions that incorporate recycled content while meeting strict performance specifications.

Sustainability Initiatives:

• Advanced sorting and purification technologies for post-consumer plastics

• Custom formulations that maximize recycled content in automotive components

• Partnerships with waste management companies to secure quality feedstock

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2️⃣ 9. Carbon Conversions, Inc.

Headquarters: Lake City, South Carolina, USA
Key Offering: Recycled Carbon Fiber Materials, Composite Recycling Services, Sustainable Composites

Carbon Conversions is a pioneer in carbon fiber recycling, specializing in the recovery and repurposing of carbon fiber from end-of-life aircraft and automotive components. Their recycled carbon fiber materials offer performance comparable to virgin materials at a lower environmental cost.

Sustainability Initiatives:

• Proprietary recycling technology that preserves carbon fiber properties

• Partnerships with aerospace and automotive manufacturers for material recovery

• Focus on creating circular economy solutions for high-value composite materials

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1️⃣ 10. SGL Carbon

Headquarters: Wiesbaden, Germany
Key Offering: Recycled Carbon Fibers, Composite Materials, Graphite Solutions

SGL Carbon is a technology leader in carbon-based solutions, with growing expertise in carbon fiber recycling for mobility applications. The company develops sustainable composite materials that help automakers reduce vehicle weight and environmental impact.

Sustainability Initiatives:

• Development of sustainable carbon fiber materials from renewable sources

• Recycling programs for carbon fiber production waste and end-of-life components

• Commitment to reducing carbon footprint across the product lifecycle

Get Full Report Here:
Mobility Application Recycled Materials Market – View in Detailed Research Report

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🌍 Outlook: The Future of Mobility Materials Is Circular and Sustainable

The mobility application recycled materials market is undergoing a fundamental transformation. While traditional virgin materials still dominate production volumes, the industry is rapidly investing in circular economy solutions, advanced recycling technologies, and sustainable material supply chains.

📈 Key Trends Shaping the Market:

• Expansion of chemical recycling capacities for complex plastic and composite materials

• Regulatory mandates for minimum recycled content in new vehicles across major markets

• Automaker commitments to carbon neutrality driving demand for sustainable materials

• Technological advancements enabling higher performance from recycled materials

Get Full Report Here:
Mobility Application Recycled Materials Market – View in Detailed Research Report

The companies listed above are not only supplying materials for global mobility—they’re pioneering the circular transformation of the entire transportation industry.