The global commercial aircraft disassembly, dismantling, and recycling market size was significantly robust in 2020 and is expected to register a double-digit revenue CAGR over the forecast period. Major factors driving market revenue growth are rising demand for used serviceable materials, increasing focus on use of recycled materials for manufacturing aircraft components and systems, and increasing availability of more cost-efficient recycled materials. Rising demand for spare aircraft components to reduce expenses and increasing emphasis on safe-disposable of non-recyclable part are also key factors expected to drive growth of the market.

Aircraft recycling involves scrapping and disassembling of retired aircraft, and nearly 450 aircraft are scrapped and disassembled across the globe each year. With a large number of airframes permanently taken out of service, numerous facilities have been established to recycle parts and sustainably disassemble remaining pieces of aircraft. Valuable parts such as flight controls, engines, and doors, among others can be refurbished and resold for use on active aircraft. Once all reusable parts are reclaimed, the wings and fuselage are further crushed for recycling. Besides minimizing maintenance costs, used aircraft parts can also be a strategic solution to a crucial need. Demand for used materials is rising for both components and spares. Used serviceable materials are extremely beneficial for replacing parts, for maintenance, and overhaul, and serve as an immediate solution to reduce unscheduled downtime in cases where new material is not readily available. It also aids in storing materials from the same type of aircraft for future maintenance.