Recycled Cork Granules Market
The market for Recycled Cork Granules was estimated at $1.8 billion in 2024; it is anticipated to increase to $2.9 billion by 2030, with projections indicating growth to around $4.3 billion by 2035.
Global Recycled Cork Granules Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Recycled Cork Granules industry revenue is expected to be around $1.9 billion in 2025 and expected to showcase growth with 8.3% CAGR between 2025 and 2034. The increasing need is mainly fueled by the focus on sustainability and the use of environmentally friendly materials. Businesses in industries are looking to reduce their impact on the environment and are turning to recycled cork granules as a top choice. The continued interest in this product can be credited to its benefits like being renewable, biodegradable and having thermal insulation properties that align with the current trends of energy efficiency and green construction practices. Moreover these granules are effective at reducing noise levels, which adds reasons for their widespread use, across different sectors.
Recycled Cork Granules are incredibly versatile. Find their way into a variety of important uses such as construction and flooring projects as well as in horticulture and the sports and leisure sector. Crafted from used wine corks after consumption by consumers these granules exhibit resistance to decay, molds and pests thereby ensuring long lasting endurance in various environmental settings. The increasing focus towards eco construction practices along, with the growing trend of using natural materials in home decor and gardening is driving the expansion of this market even further.
Market Key Insights
- The Recycled Cork Granules market is projected to grow from $1.8 billion in 2024 to $4.0 billion in 2034. This represents a CAGR of 8.3%, reflecting rising demand across Building Insulation, Soil Amendment and Automotive Parts Manufacturing.
- Global Cork Inc, ReCORK by Amorim, CorkLink are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Recycled Cork Granules market and are expected to observe the growth CAGR of 6.1% to 8.7% between 2024 and 2030.
- Emerging markets including India, Brazil and Malaysia are expected to observe highest growth with CAGR ranging between 8.0% to 10.4%.
- Transition like Sustainability Drive is expected to add $256 million to the Recycled Cork Granules market growth by 2030.
- The Recycled Cork Granules market is set to add $2.2 billion between 2024 and 2034, with manufacturer targeting Automotive & Wine End-Use Industry projected to gain a larger market share.
- With
rising awareness on waste management, and
versatility in applications, Recycled Cork Granules market to expand 122% between 2024 and 2034.
Opportunities in the Recycled Cork Granules
Growth Opportunities in North America and Asia-Pacific
Market Dynamics and Supply Chain
Driver: Rising Awareness on Waste Management, and Technological Advancement and Innovation
Restraint: Lack of Awareness
Opportunity: Synergies in the Footwear Sector and Infusion in Construction Industry
Challenge: Inconsistent Quality Standards
Supply Chain Landscape
Raw Material Procurement
Processing
Packaging & Distribution
End Use
Raw Material Procurement
Processing
Packaging & Distribution
End Use
Use Cases of Recycled Cork Granules in Building Insulation & Soil Amendment
Recent Developments
The market for Recycled Cork Granules has experienced noteworthy transformations lately, due in large part to increased environmental consciousness and sustainability initiatives. This eco-friendly product, derived from processing waste cork from wine bottle stoppers and other industries, is being leveraged for multiple applications, which are driving its market growth. One of the noticeable trends is the utilization of Recycled Cork Granules in the construction sector.