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, increasing consumer demand for sustainable products, and significant advancements in recycling technologies for polymers and composites used in automotive and aerospace sectors.

As the mobility industry accelerates its transition toward circular economy principles, the focus intensifies on the material innovators and suppliers enabling this transformation. In this blog, we profile the Top 10 Companies in the Mobility Application Recycled Materials Market—a diverse group of chemical giants, automotive suppliers, and recycling specialists who are building the sustainable foundations for next-generation transportation.

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🔟 1. Toray Industries, Inc.

Headquarters: Tokyo, Japan
Key Offering: Recycled Carbon Fiber Composites, Recycled Engineering Plastics

Toray Industries is a global leader in advanced materials, with a strong focus on developing high-performance recycled content for the mobility sector. The company leverages its expertise in carbon fiber and composite technologies to create recycled materials that meet the rigorous demands of automotive lightweighting and aerospace applications.

Sustainability Initiatives:

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

• Partnerships with automotive OEMs to integrate recycled composites into new vehicle models

• Commitment to reducing lifecycle carbon emissions of its material products

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9️⃣ 2. Solvay S.A.

Headquarters: Brussels, Belgium
Key Offering: Recycled High-Performance Polymers, Circular Economy Solutions

Solvay is a key innovator in the circular economy for mobility, offering a range of recycled engineering plastics and composite materials. The company’s initiatives focus on creating materials from post-consumer and post-industrial waste streams without compromising on performance for critical automotive and aerospace components.

Sustainability Initiatives:

• Solvay One Planet sustainability targets including ambitious recycled content goals

• Investment in advanced chemical recycling technologies for complex plastics

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8️⃣ 3. Faurecia (Part of FORVIA)

Headquarters: Nanterre, France
Key Offering: Automotive Interiors with High Recycled Content, Sustainable Cockpit Solutions

Faurecia, now part of FORVIA, is a leading automotive technology company that has made significant strides in integrating recycled materials into its products. The company develops interior systems, seating, and electronics that incorporate high percentages of recycled plastics and fabrics.

Sustainability Initiatives:

• Launch of automotive interior products with up to 65% recycled content

• Commitment to achieving carbon neutrality across its operations

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7️⃣ 4. Continental AG

Headquarters: Hanover, Germany
Key Offering: Sustainable Tires, Recycled Rubber and Plastic Components

Continental is a major automotive supplier developing innovative recycled material solutions for tires and technical components. The company is pioneering the use of recycled rubbers, reclaimed carbon black, and polyester from PET bottles in its tire production and other automotive systems.

Sustainability Initiatives:

• Development of tires containing up to 65% renewable, recycled, and ISCC PLUS certified materials

• Ambitious targets for integrating recycled content across its product portfolio

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6️⃣ 5. Neste Oyj

Headquarters: Espoo, Finland
Key Offering: Renewable and Recycled Feedstocks for Plastics and Chemicals

Neste is transforming waste and residues into renewable fuels and circular solutions for the plastics and chemicals industries. The company provides recycled feedstocks that can be used to produce high-quality polymers for automotive applications, enabling brand owners to increase the recycled content of their products.

Sustainability Initiatives:

• Pioneering chemical recycling to produce plastics and chemicals from mixed plastic waste

• Target to process over 1 million tons of plastic waste annually by 2030

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5️⃣ 6. Unifi, Inc.

Headquarters: Greensboro, North Carolina, USA
Key Offering: REPREVE® Recycled Fibers for Automotive Textiles

Unifi is a global leader in recycled and synthetic yarns, with its flagship REPREVE® brand transforming billions of plastic bottles into high-performance fibers used in automotive interiors, including seats, carpets, and trim. The company supplies major automotive brands seeking to enhance the sustainability of their vehicles.

Sustainability Initiatives:

• Transformed over 35 billion plastic bottles into recycled fibers since 2007

• Continuous innovation in fiber technology to increase performance and recycled content

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4️⃣ 7. Celanese Corporation

Headquarters: Irving, Texas, USA
Key Offering: Engineered Materials with Recycled Content

Celanese is a global chemical and specialty materials company that develops engineered materials containing recycled content for automotive, medical, and electronics applications. The company focuses on creating high-performance polymers that incorporate post-consumer and post-industrial recycled materials.

Sustainability Initiatives:

• Development of sustainable product portfolios with verified recycled content

• Commitment to circular economy principles across its value chain

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3️⃣ 8. SGL Carbon

Headquarters: Wiesbaden, Germany
Key Offering: Recycled Carbon Fiber Materials and Composites

SGL Carbon is a leading manufacturer of carbon-based products, including innovative solutions for recycling carbon fiber materials from production waste and end-of-life components. The company’s recycled carbon fibers are used in automotive, aerospace, and industrial applications where lightweighting is critical.

Sustainability Initiatives:

• Development of proprietary processes for recycling carbon fiber composites

• Partnerships with automotive OEMs to implement circular solutions for carbon fiber components

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2️⃣ 9. Carbon Conversions Inc.

Headquarters: South Carolina, USA
Key Offering: Reclaimed Carbon Fiber Materials

Carbon Conversions specializes in the recycling and repurposing of carbon fiber materials, transforming manufacturing waste and end-of-life components into high-value recycled carbon fiber products. The company serves the automotive, aerospace, and sporting goods industries with sustainable material solutions.

Sustainability Initiatives:

• Patented recycling technology that preserves the mechanical properties of carbon fiber

• Focus on creating circular economy solutions for composite materials

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1️⃣ 10. Gen 2 Carbon Limited

Headquarters: West Midlands, United Kingdom
Key Offering: Recycled Carbon Fiber Nonwoven Mats and Aligned Products

Gen 2 Carbon (formerly ELG Carbon Fibre) is a pioneer in carbon fiber recycling, operating one of the world’s largest commercial carbon fiber recovery facilities. The company converts carbon fiber waste into high-value recycled products used in automotive, aerospace, and industrial applications.

Sustainability Initiatives:

• Annual capacity to recycle over 2,000 tons of carbon fiber waste

• Development of carbon fiber products with up to 90% lower carbon footprint compared to virgin materials

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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 virgin materials still dominate production volumes, the industry is investing significantly in circular economy solutions, advanced recycling technologies, and sustainable material supply chains.

📈 Key Trends Shaping the Market:

• Rapid expansion of chemical recycling capacity for complex plastic waste streams

• Regulatory push for mandatory recycled content in new vehicles across major markets

• Digitalization of material traceability and lifecycle assessment systems

• Automaker-supplier partnerships for developing closed-loop material systems

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.