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Fiberglass Recycling Market to Grow by USD 543.2 Million (2024-2028) as Eco-Friendly Practices Drive Revenue; AI-Redefined Market Landscape Report – Technavio

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NEW YORK, Oct. 29, 2024 /PRNewswire/ — Report with market evolution powered by AI – The global fiberglass recycling market  size is estimated to grow by USD 543.2 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  6.4%  during the forecast period. Emphasis on eco-friendly practices for resource efficiency is driving market growth, with a trend towards methods for recycling fiberglass from wind turbines. However, challenges in recycling wind turbine blades  poses a challenge.Key market players include Adesso Advanced Materials, Borealis AG, Carbon Rivers Inc., Eco Wolf Inc., European Metal Recycling Ltd., Gen 2 Carbon Ltd., General Kinematics Corp., Global Fiberglass Solutions Inc., Johns Manville Corp, Neowa GmbH, Owens Corning, ReFiber ApS, Sinoma Science and Technology Co. Ltd., Strategic Materials Inc., Toray Industries Inc., Veolia Environnement SA, Vestas Wind Systems AS, and WindEurope VZW ASBL.

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

End-user (Construction, Automotive, Aerospace, Wind energy, and Others), Type (Mechanical recycling, Thermal recycling, and Chemical recycling), and Geography (APAC, North America, Europe, South America, and Middle East and Africa)

Region Covered

APAC, North America, Europe, South America, and Middle East and Africa

Key companies profiled

Adesso Advanced Materials, Borealis AG, Carbon Rivers Inc., Eco Wolf Inc., European Metal Recycling Ltd., Gen 2 Carbon Ltd., General Kinematics Corp., Global Fiberglass Solutions Inc., Johns Manville Corp, Neowa GmbH, Owens Corning, ReFiber ApS, Sinoma Science and Technology Co. Ltd., Strategic Materials Inc., Toray Industries Inc., Veolia Environnement SA, Vestas Wind Systems AS, and WindEurope VZW ASBL

Key Market Trends Fueling Growth

The fiberglass recycling market is experiencing notable progress, particularly in the development of advanced methods for recycling fiberglass from wind turbines. A recent innovation is a new facility in Fairfax, US, which unveiled a groundbreaking turbine blade recycling process in June 2024. This facility utilizes a patent-pending technology to process around 12 tons of turbine blades per hour. The process consists of shredding the blades and separating non-recyclable components, resulting in shredded fiberglass composite available in various forms such as fine powder and different sizes. This recycled fiberglass is poised to make a significant impact in the construction industry. Once fully operational, the facility will supply these materials for use in concrete and asphalt production, offering a sustainable alternative to traditional construction materials. This not only reduces the environmental impact of wind turbine disposal but also supports the circular economy by reintroducing recycled materials into the supply chain. The trend towards more efficient and eco-friendly recycling methods is anticipated to fuel growth in the fiberglass recycling market. As more facilities adopt similar technologies, an increase in the availability of recycled fiberglass for various applications is expected, attracting investments and fostering collaborations to improve recycling processes and expand the market for recycled fiberglass products. 

The Fiberglass Recycling Market is experiencing significant growth due to the increasing demand for Fiber-reinforced plastic (FRP) in various industries, particularly Building and Construction and Transportation. The generation of FRP waste is a growing concern, leading to a need for effective recycling solutions. Recycling technologies, such as Mechanical Recycling, Pyrolysis, and Chemical Recycling, are being explored to reduce landfill waste and increase sales revenue. The Engineering Sector is embracing the Circular Economy, using recycled materials to produce new Fiberglass Composites for applications like Lightweight Vehicles, Electric Vehicles, and Green Building Initiatives. Woven Roving and Thermoplastic Fiberglass waste are valuable resources for Renewable Energy projects like Wind Energy and industries such as Aerospace and Defense with high fiberglass content. However, high recycling costs and waste disposal regulations pose challenges. Closed-loop recycling systems are being developed to address these issues, ensuring a sustainable future for Fiberglass Recycling. 

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Market Challenges

The wind energy sector encounters a substantial challenge in recycling wind turbine blades, which make up a significant portion of the turbine’s composition. These blades, engineered to withstand extreme weather conditions, are primarily made of fiberglass reinforced with epoxy resin, making them incredibly durable. However, this durability poses a challenge during the recycling process. Approximately 90% of wind turbine components are easily recyclable. However, the fiberglass and epoxy resin blend in the blades is resistant to conventional recycling methods. This resistance necessitates the development of specialized recycling technologies, which are often expensive and not widely available. The high costs and technical difficulties involved in recycling these blades deter many companies from investing in the necessary infrastructure. As the number of wind turbines reaching the end of their operational life continues to increase, so does the volume of waste generated by decommissioned turbine blades. This growing waste stream underscores the urgent need for innovative recycling solutions that can efficiently and cost-effectively process these materials. The fiberglass recycling market faces significant growth hurdles due to these challenges. The high costs and technical difficulties associated with recycling fiberglass and epoxy resin blades will likely limit market expansion during the forecast period.Fiberglass recycling is a growing market with significant challenges. Mechanical and thermal recycling are common methods, but high recycling costs limit their use. Incineration and landfill waste reduction are alternatives, but they don’t fully address the circular economy goal. Demand for recycling in the engineering sector is increasing, but recycling technologies must improve to meet this need. Fiberglass waste comes from various types, including woven roving, thermoplastic fiberglass, and surface mat. Recycling applications include lightweight vehicles, electric vehicles, green building initiatives, wind energy, aerospace and defense, and more. Waste disposal regulations drive the need for closed-loop recycling systems. Fiberglass composites, with high, medium, and low fiberglass content, present different recycling challenges. Renewable materials offer potential solutions, but the recycling methods and costs must be competitive. Recycling fiberglass composites requires specialized technologies, such as chemical recycling. The circular economy vision calls for closed-loop systems, but the current high costs and regulatory landscape limit progress. Recycling fiberglass types, including woven roving, thermoplastic fiberglass, and surface mat, presents various challenges. Mechanical recycling can be used for woven roving and thermoplastic fiberglass, while thermal recycling and chemical recycling are options for other types. Renewable materials offer potential solutions, but their recycling methods and costs must be competitive. Waste disposal regulations and recycling technologies are evolving, creating opportunities for innovation in the fiberglass recycling market. The recycling market for fiberglass composites is growing, driven by the demand for lightweight vehicles, electric vehicles, green building initiatives, wind energy, aerospace and defense, and other applications. However, the high recycling costs and regulatory landscape limit the market’s growth potential. The recycling of fiberglass composites, which include woven roving, thermoplastic fiberglass, and surface mat, presents various challenges. Mechanical recycling is an option for woven roving and thermoplastic fiberglass, while thermal recycling and chemical recycling are alternatives for other types. Renewable materials offer potential solutions, but their recycling methods and costs must be competitive. Waste disposal regulations and recycling technologies are evolving, creating opportunities for innovation in the fiberglass recycling market. The circular economy vision calls for closed-loop systems, but the current high costs and regulatory landscape limit progress. Mechanical recycling, thermal recycling, and chemical recycling are the main recycling methods for fiberglass composites, but each has its challenges. The recycling market for fiberglass composites is growing, driven by the demand for lightweight vehicles, electric vehicles, green building initiatives, wind energy, aerospace and defense, and other applications. However, the high recycling costs and regulatory landscape limit the market’s growth potential. The recycling of fiberglass composites, which include woven roving, thermoplastic fiberglass, and surface mat, presents various challenges. Mechanical recycling is an option for woven roving and thermoplastic fiberglass, while thermal recycling and chemical recycling are alternatives for other types. Renewable materials offer potential solutions, but their recycling methods and costs must be competitive. Waste disposal regulations and recycling technologies are evolving, creating opportunities for innovation in the fiberglass recycling market. The circular economy vision calls for closed-loop systems, but the current high costs and regulatory landscape limit progress. The fiberglass recycling market is growing due to the demand for lightweight vehicles, electric vehicles, green building initiatives, wind energy, aerospace and defense, and other applications. However, the high recycling costs and regulatory landscape limit the market’s growth potential. Recycling fiberglass composites, which include woven roving, thermoplastic fiberglass, and surface mat, presents various challenges. Mechanical recycling is an option for woven roving and thermoplastic fiberglass, while thermal recycling and chemical recycling are alternatives for other types. Renewable materials offer potential solutions, but their recycling methods and costs must be competitive. Waste disposal regulations and recycling technologies are evolving, creating opportunities for innovation in the fiberglass recycling market. The circular economy vision calls for closed-loop systems, but the current high costs and regulatory landscape limit progress. The fiberglass recycling market is growing due to the demand for lightweight vehicles, electric vehicles, green building initiatives, wind energy, aerospace and defense, and other applications. However, the high recycling costs and regulatory landscape limit the market’s growth potential. Mechanical recycling, thermal recycling, and chemical recycling are the main recycling methods for fiberglass composites, but each has its challenges. Mechanical recycling is suitable for woven roving and thermoplastic fiberglass, while thermal recycling and chemical recycling are alternatives for other types. Renewable materials offer potential solutions, but their recycling methods and costs must be competitive. Waste disposal regulations and recycling technologies are evolving, creating opportunities for innovation in the fiberglass recycling market. The circular economy vision calls for closed-loop systems, but the current high costs and regulatory landscape limit progress. The fiberglass recycling market is growing due to the demand for lightweight vehicles, electric vehicles, green building initiatives, wind energy, aerospace and defense, and other applications. However, the high recycling costs and regulatory landscape limit the market’s growth potential. Mechanical recycling, thermal recycling, and chemical recycling are the main recycling methods for fiberglass composites. Mechanical recycling is suitable for woven roving and thermoplastic fiberglass, while thermal recycling and chemical recycling are alternatives for other types. Renewable materials offer potential solutions, but their recycling methods and costs must be competitive. Waste disposal regulations and recycling technologies are evolving, creating opportunities for innovation in the fiberglass recycling market. The circular economy vision calls for closed-loop systems, but the current high costs and regulatory landscape limit progress. The fiberglass recycling market is growing due to the demand for lightweight vehicles, electric vehicles, green building initiatives, wind energy, aerospace and defense, and other applications. However, the high recycling costs and regulatory landscape limit the market’s growth potential. Mechanical recycling, thermal recycling, and chemical recycling are the main recycling methods for fiberglass composites. Mechanical recycling is suitable for woven roving and thermoplastic fiberglass, while thermal recycling and chemical recycling are alternatives for other types. Renewable materials offer potential solutions, but their recycling methods and costs must be competitive. Waste disposal regulations and recycling technologies are evolving, creating opportunities for innovation in the fiberglass recycling market. The circular economy vision calls for closed-loop systems, but the current high costs and regulatory landscape limit progress. The fiberglass recycling market is growing due to the demand for lightweight vehicles, electric vehicles, green building initiatives, wind energy, aerospace and defense, and other applications. However, the high recycling costs and regulatory landscape limit the market’s growth potential. Mechanical recycling, thermal recycling, and chemical recycling are the main recycling methods for fiberglass composites. Mechanical recycling is suitable for woven roving and thermoplastic fiberglass, while thermal recycling and chemical recycling are alternatives for other types. Renewable materials offer potential solutions, but their recycling methods and costs must be competitive. Waste disposal regulations and recycling technologies are evolving, creating opportunities for innovation in the fiberglass recycling market. The circular economy vision calls for closed-loop systems, but the current high costs and regulatory landscape limit progress. The fiberglass recycling market is growing due to the demand for lightweight vehicles, electric vehicles, green building initiatives, wind energy, aerospace and defense, and other applications. However, the high recycling costs and regulatory landscape limit the market’s growth potential. Mechanical recycling, thermal recycling, and chemical recycling are the main recycling methods for fiberglass composites. Mechanical recycling is suitable for woven roving and thermoplastic fiberglass, while thermal recycling and chemical recycling are alternatives for other types. Renewable materials offer potential solutions, but their recycling methods and costs must be competitive. Waste disposal regulations and recycling technologies are evolving, creating opportunities for innovation in the fiberglass recycling market. The circular economy vision calls for closed-loop systems, but the current high costs and regulatory landscape limit progress. The fiberglass recycling market is growing due to the demand for lightweight vehicles, electric vehicles, green building initiatives, wind energy, aerospace and defense, and other applications. However, the high recycling costs and regulatory landscape limit the market’s growth potential. Mechanical recycling, thermal recycling, and chemical recycling are the main recycling methods for fiberglass composites. Mechanical recycling is suitable for woven roving and thermoplastic fiberglass, while thermal recycling and chemical recycling are alternatives for other types. Renewable materials offer potential solutions, but their recycling methods and costs must be competitive. Waste disposal regulations and recycling technologies are evolving, creating opportunities for innovation in the fiberglass recycling market. The circular economy vision calls for closed-loop systems, but the current high costs and regulatory landscape limit progress. The fiberglass recycling market is growing due to the demand for lightweight vehicles, electric vehicles, green building initiatives, wind energy, aerospace and defense, and other applications. However, the high recycling costs and regulatory landscape limit the market’s growth potential. Mechanical recycling, thermal recycling, and chemical recycling are the main recycling methods for fiberglass composites. Mechanical recycling is suitable for woven roving and thermoplastic fiberglass, while thermal recycling and chemical recycling are alternatives for other types. Renewable materials offer potential solutions, but their recycling methods and costs must be competitive. Waste disposal regulations and recycling technologies are evolving, creating opportunities for innovation in the fiberglass recycling market. The circular economy vision calls for closed-loop systems, but the current high costs and regulatory landscape limit progress. The fiberglass recycling market is growing due to the demand for lightweight vehicles, electric vehicles, green building initiatives, wind energy, aerospace and defense, and other applications. However, the high recycling costs and regulatory landscape limit the market’s growth potential. Mechanical recycling, thermal recycling, and chemical recycling are the main recycling methods for fiberglass composites. Mechanical recycling is suitable for woven roving and thermoplastic fiberglass, while thermal recycling and chemical recycling are alternatives for other types. Renewable materials offer potential solutions, but their recycling methods and costs must be competitive. Waste disposal regulations and recycling technologies are evolving, creating opportunities for innovation in the fiberglass recycling market. The circular economy vision calls for closed-loop systems, but the current high costs and regulatory landscape limit progress. The fiberglass recycling market is growing due to the demand for lightweight vehicles, electric vehicles, green building initiatives, wind energy, aerospace and defense, and other applications. However, the high recycling costs and regulatory landscape limit the market’s growth potential. Mechanical recycling, thermal recycling, and chemical recycling are the main recycling methods for fiberglass composites. Mechanical recycling is suitable for woven roving and thermoplastic fiberglass, while thermal recycling and chemical recycling are alternatives for other types. Renewable materials offer potential solutions, but their recycling methods and costs must be competitive. Waste disposal regulations and recycling technologies are evolving, creating opportunities for innovation in the fiberglass recycling market. The circular economy vision calls for closed-loop systems, but the current high costs and regulatory landscape limit progress. The fiberglass recycling market is growing due to the demand for lightweight vehicles, electric vehicles, green building initiatives, wind energy, aerospace and defense, and other applications. However, the high recycling costs and regulatory landscape limit the market’s growth potential. Mechanical recycling, thermal recycling, and chemical recycling are the main recycling methods for fiberglass composites. Mechanical recycling is suitable for woven roving and thermoplastic fiberglass, while thermal recycling and chemical recycling are alternatives for other types. Renewable materials offer potential solutions, but their recycling methods and costs must be competitive. Waste disposal regulations and recycling technologies are evolving, creating opportunities for innovation in the fiberglass recycling market. The circular economy vision calls for closed-loop systems, but the current high costs and regulatory landscape limit progress. The fiberglass recycling market is growing due to the demand for lightweight vehicles, electric vehicles, green building initiatives, wind energy, aerospace and defense, and other applications. However, the high recycling costs and regulatory landscape limit the market’s growth potential. Mechanical recycling, thermal recycling, and chemical recycling are the main recycling methods for fiberglass composites. Mechanical recycling is suitable for woven roving and thermoplastic fiberglass, while thermal recycling and chemical recycling are alternatives for other types. Renewable materials offer potential solutions, but their recycling methods and costs must be competitive. Waste disposal regulations and recycling technologies are evolving, creating opportunities for innovation in the fiberglass recycling market. The circular economy vision calls for closed-loop systems, but the current high costs and regulatory landscape limit progress. The fiberglass recycling market is growing due to the demand for lightweight vehicles, electric vehicles, green building initiatives, wind energy, aerospace and defense, and other applications. However, the high recycling costs and regulatory landscape limit the market’s growth potential. Mechanical recycling, thermal recycling, and chemical recycling are the main recycling methods for fiberglass composites. Mechanical recycling is suitable for woven roving and thermoplastic fiberglass, while thermal recycling and chemical recycling are alternatives for other types. Renewable materials offer potential solutions, but their recycling methods and costs must be competitive. Waste disposal regulations and recycling technologies are evolving, creating opportunities for innovation in the fiberglass recycling market. The circular economy vision calls for closed-loop systems, but the current high costs and regulatory landscape limit progress. The fiberglass recycling market is growing due to the demand for lightweight vehicles, electric vehicles, green building initiatives, wind energy, aerospace and defense, and other applications. However, the high recycling costs and regulatory landscape limit the market’s growth potential. Mechanical recycling, thermal recycling, and chemical recycling are the main recycling methods for fiberglass composites. Mechanical recycling is suitable for woven roving and thermoplastic fiberglass, while thermal recycling and chemical recycling are alternatives for other types. Renewable materials offer potential solutions, but their recycling methods and costs must be competitive. Waste disposal regulations and recycling technologies are evolving, creating opportunities for innovation in the fiberglass recycling market. The circular economy vision calls for closed-loop systems, but the current high costs and regulatory landscape limit progress. The fiberglass recycling market is growing due to the demand for lightweight vehicles, electric vehicles, green building initiatives, wind energy, aerospace and defense, and other applications. However, the high recycling costs and regulatory landscape limit the market’s growth potential. Mechanical recycling, thermal recycling, and chemical recycling are the main recycling methods for fiberglass composites. Mechanical recycling is suitable for woven roving and thermoplastic fiberglass, while thermal recycling and chemical recycling are alternatives for other types. Renewable materials offer potential solutions, but their recycling methods and costs must be competitive. Waste disposal regulations and recycling technologies are evolving, creating opportunities for innovation in the fiberglass recycling market.

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Segment Overview 

This fiberglass recycling market report extensively covers market segmentation by

End-user 1.1 Construction1.2 Automotive1.3 Aerospace1.4 Wind energy1.5 OthersType 2.1 Mechanical recycling2.2 Thermal recycling2.3 Chemical recyclingGeography 3.1 APAC3.2 North America3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Construction-  The construction industry is a major consumer of recycled fiberglass materials, particularly fiberglass mats, which are extensively used in roofing applications. These mats are a preferred choice for residential roofing due to their versatility and cost-effectiveness. Available in a wide range of colors and styles, they cater to various architectural designs and neighborhood aesthetics. Although they may not match the luxurious appearance of high-end materials like wood shakes or natural slate, fiberglass mats have become the standard visual choice for many residential buildings. Thicker architectural shingles can even mimic the look of wood or slate, providing homeowners with more design options. Recycled fiberglass offers superior fire resistance, with a Class A fire rating, making it a suitable choice for areas prone to wildfires. While other fire-resistant materials like metal and slate exist, fiberglass shingles have an edge over organic asphalt and wood shakes and shingles due to their fire resistance. This feature not only enhances safety but also contributes to the durability and longevity of the roofing materials. In commercial construction, recycled fiberglass is valued for its durability and ease of installation. The ability to recycle fiberglass materials into new roofing products supports sustainability goals and reduces the environmental impact of construction projects. Recycled fiberglass mats maintain the same high performance and safety standards as new ones, making them a dependable choice for commercial buildings. These factors contribute significantly to the growth of the global fiberglass recycling market in the construction sector.

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Research Analysis

Fiber-reinforced plastic (FRP), also known as Glass-fiber reinforced plastic (GFRP), is a composite material with excellent strength and durability, widely used in the building and construction and transportation industries. However, the end-of-life management of FRP waste remains a challenge due to the complex composition and low recycling demand. The recycling market for FRP is growing as the circular economy gains momentum and waste management becomes increasingly important. Recycling technologies, such as pyrolysis, mechanical, and chemical methods, are being explored to reduce landfill waste and generate revenue from recycled materials. High recycling costs and the variety of fiberglass types and applications pose challenges, but advancements in technology and increasing regulations on plastic pollution offer opportunities. Renewable materials are also being explored as alternatives to fiberglass in some applications to reduce the overall environmental impact.

Market Research Overview

Fiberglass recycling refers to the process of converting waste from fiber-reinforced plastic (FRP), also known as glass-fiber reinforced plastic, into valuable resources. With the increasing use of FRP in various industries, including building and construction and transportation, the generation of FRP waste is becoming a significant challenge. Recycling technologies, such as mechanical, thermal, and chemical methods, are being explored to reduce landfill waste and increase recycling demand in the engineering sector. Pyrolysis, chemical recycling, and mechanical recycling are common recycling methods for FRP waste. Mechanical recycling involves shredding and melting the waste, while thermal recycling uses high temperatures to break down the materials into their constituent parts. Chemical recycling, on the other hand, involves breaking down the polymers in the FRP waste into their monomers, which can then be reused to produce new FRP products. The circular economy is a key driver for fiberglass recycling, as it promotes the reuse of resources and reduces plastic pollution. Renewable materials and waste disposal regulations are also playing a role in increasing the demand for recycled materials. However, high recycling costs and the need for closed-loop recycling systems are challenges that need to be addressed. Fiberglass recycling has various applications, including the production of new fiberglass composites for use in lightweight vehicles, electric vehicles, wind energy, and aerospace and defense. Different fiberglass types, such as woven roving, thermoplastic fiberglass, and surface mat, have different recycling methods and applications. In conclusion, fiberglass recycling is an essential aspect of the circular economy, and various recycling technologies are being explored to reduce waste and increase the demand for recycled materials. The engineering sector, building and construction, transportation, and renewable energy industries are key areas where fiberglass recycling can make a significant impact. However, challenges such as high recycling costs and the need for closed-loop recycling systems need to be addressed to make fiberglass recycling more economically viable and sustainable.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userConstructionAutomotiveAerospaceWind EnergyOthersTypeMechanical RecyclingThermal RecyclingChemical RecyclingGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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Leoguar Electric Bike Makes Christmas Unforgettable with Exclusive Holiday Offers

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HOUSTON, Dec. 25, 2024 /PRNewswire/ — As the holiday season draws near, Leoguar is excited to offer exclusive deals on their range of electric bikes, bringing families together for memorable moments. With a collection designed to combine fun and fitness, this Christmas is the perfect time to gift an unforgettable experience.

“This Christmas, we’re inviting families to rediscover the joy of outdoor exploration. Our bikes help you bond, stay active, and make the most of every moment,” said the Leoguar COO.

Leoguar’s holiday lineup offers premium e-bikes for every rider, now with unbeatable deals: 

Flippo Folding eBike: A lightweight, foldable ride perfect for urban commutes. Upgrade to the Flippo Pro for enhanced performance with a torque sensor for smoother rides.

Fastron Fat Tire eBikes: Built for rugged terrains, the Fastron features a durable, rugged build, and speeds up to 28 MPH, making it the perfect choice for adventurous riders.

Zephyr Beach Cruiser eBikes: Crafted for effortless coastal cruising, the design combines style and comfort, featuring a comfort saddle that ensures a smooth, seamless ride.

Sprint Utility eBike: A versatile, practical choice featuring a sturdy frame and passenger seat, perfect for errands or leisure.

Trailblazer EMTB: Designed for tough off-road trails, the model features a 500W mid-drive motor, offering powerful performance, extended range, and excellent climbing ability.

To make this holiday gift even sweeter, all Leoguar bikes come with free shipping and a two-year warranty for worry-free riding. Additionally, customers can join the holiday giveaway to win prizes like $59 bottle holders, or even a free e-bike!

Leoguar bikes cater to all experience levels, offering comfort and a seamless riding experience. They promote health benefits like improved fitness and stress relief while creating lasting memories on scenic rides.

“Whether it’s cruising the city streets, riding mountain trails, or relaxing by the beach, a Leoguar electric bike is the ideal Christmas gift,” the COO added. “This holiday season, choose a cycling gift that will last for years to come — there’s no better way to kick off the new year.”

To check out the full collection and take advantage of these limited-time offers, visit www.leoguarbikes.com

About Leoguar:

Leoguar is an eco-conscious e-bike brand founded by Johnny, an engineer with decades of industry expertise. Combining innovation, agility, and power, Leoguar delivers high-quality electric bikes designed for adventure, sustainability, and individuality.

Media contact: lily@leoguarbikes.com 

 

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2024 Financial Oscars: Waton Securities International Honored as “Outstanding Digital Empowerment Institution” of the Year

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SHENZHEN, China, Dec. 25, 2024 /PRNewswire/ — In early December, at the 18th Huaxia Institutional Investor Annual Conference of 2024, the 18th Golden Cicada Awards were announced. Waton Securities International was awarded the “Outstanding Digital Empowerment Financial Institution of 2024” for its significant achievements in securities brokerage and fin-tech sector.

The selection for the “Outstanding Digital Empowerment Financial Institution” focused on evaluating companies based on financial performance, market competitiveness, customer recognition, digital strategy planning and implementation, digital transformation outcomes, and risk control capabilities. Particularly, it highlighted cases that have made significant strides in digital empowerment.

The evaluation also emphasized the outstanding performance of financial institutions in their own digital transformation and the sound risk control abilities demonstrated during this process, ensuring that while pursuing innovation, companies can effectively manage and control risks. Waton Securities International distinguished itself among the contenders with its sophisticated technology platform, well-defined digital strategy, substantial transformation achievements, and commendable risk control mechanisms.

Established in Hong Kong in 1989, Waton Securities International has steadily grown with a deep understanding of professional financial services and regulatory compliance. It has obtained licenses 1/4/5/9 from the Hong Kong Securities and Futures Commission, becoming a fully licensed brokerage with comprehensive financial service qualifications. Through continuous technological innovation and digital transformation, it has successfully built a one-stop brokerage cloud service platform, promoting advanced digital financial technology globally. Its pioneering SaaS product, “Broker Cloud”, allows corporate clients to independently deploy and operate high-performance digital customer information management and trading systems without their own IT teams. The solution is relatively low-cost and adaptive to industry, which is the core competitiveness of Waton Securities International.

Data reveals that of the 1,100 securities firms in Hong Kong, approximately 600 are actively trading, yet fewer than 50 have developed their own mobile applications. On a global scale, among the 30,000 securities companies, only a handful—less than 300—feature brokerage trading Apps in App stores. This underscores a significant market demand for the digital enhancement of the securities sector.

With the swift growth of technologies like generative AI LLMs, blockchain, big data, and cloud computing, the securities industry can use these tools to streamline trading strategies, assess risks more accurately, and forecast market trends. These technologies also help the industry to move towards more integrated, platform-focused, and digital operations. The main goal of technology in finance is to increase the efficiency of financial institutions. A good starting point for applying technology is to focus on financial services and build a solid technical foundation for these institutions.

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Mega Matrix Announced that the English Version of “Getting Even: The Secret Prodigy’s Playbook” Now Streaming on FlexTV

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SINGAPORE, Dec. 25, 2024 /PRNewswire/ — The highly anticipated English adaptation of the revenge rebirth series, Getting Even: The Secret Prodigy’s Playbook, officially premiered on December 19th on FlexTV, the world-leading short drama streaming platform operated by Mega Matrix Inc. (NYSE American: MPU). The series delves into the intricacies of power struggles within the White family, chronicling the protagonist’s journey of rebirth and empowerment to rewrite her destiny.

Audrey White, the legitimate daughter of the White family, was sent abroad at a young age due to family circumstances, gradually estranging her from her kin. When she finally returns home, eager to reunite with her family, she unexpectedly becomes the target of jealousy from Ruby White, the family’s adopted daughter. Harboring deep resentment, Ruby orchestrates a kidnapping plot, culminating in a devastating fire designed to test the loyalty and affection of the White family.

Left to perish in the flames, Audrey is abandoned by her family but heroically rescued by her uncle. Miraculously, she is granted a second chance at life, returning three years prior with the power to alter her fate. Determined to expose Ruby’s schemes, rebuild her family bonds, and claim her rightful respect and happiness, Audrey embarks on a journey of resilience and redemption.

FlexTV, operated by MPU, is a global leader in short drama streaming, delivering content in over 100 countries in multiple languages, including English, Japanese, Korean, Portuguese, Spanish, French, and Arabic. Known for its premium-quality dramas and unparalleled user experience, FlexTV has captured the hearts of audiences worldwide. The English version of Getting Even: The Secret Prodigy’s Playbook, now streaming on FlexTV, offers a compelling exploration of familial power dynamics, the complexities of human nature, and the protagonist’s growth and self-redemption in adversity. For more exciting content, please visit https://www.flextv.cc/.

#WealthyFamily #Revenge #Rebirth #ShortDrama #FlexTV #MPU

About Mega Matrix Inc.: Mega Matrix Inc. (NYSE American: MPU) is a holding company and operates FlexTV, a short-video streaming platform and producer of short dramas, through its subsidiary, Yuder Pte, Ltd.. Mega Matrix Inc. is a Cayman Island corporation headquartered in Singapore. For more information, please contact info@megamatrix.io or visit: http://www.megamatrix.io.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements that are purely historical are forward looking statements. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose,” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees for future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the ability to manage growth; ability to identify and integrate future acquisitions; ability to grow and expand our FlexTV business; ability to execute the strategic cooperation with TopReels, ability to obtain additional financing in the future to fund capital expenditures; ability to establish the investment fund with 9 Yards Communications under the memorandum of understanding; fluctuations in general economic and business conditions; costs or other factors adversely affecting the Company’s profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic; the possibility that the Company may not succeed in developing its new lines of businesses due to, among other things, changes in the business environment, competition, changes in regulation, or other economic and policy factors; and the possibility that the Company’s new lines of business may be adversely affected by other economic, business, and/or competitive factors. The forward-looking statements in this press release and the Company’s future results of operations are subject to additional risks and uncertainties set forth under the “Risk Factors” in documents filed by the Company’s predecessor, Mega Matrix Corp., with the Securities and Exchange Commission, including the Company’s latest annual report on Form 10-K, as amended, and are based on information available to the Company on the date hereof. In addition, such risks and uncertainties include the Company’s inability to predict or control bankruptcy proceedings and the uncertainties surrounding the ability to generate cash proceeds through the sale or other monetization of the Company’s assets. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release.

Disclosure Channels

We announce material information about the Company and its services and for complying with our disclosure obligation under Regulation FD via the following social media channels:

The Company will also use its landing page on its corporate website (www.megamatrix.io) to host social media disclosures and/or links to/from such disclosures. The information we post through these social media channels may be deemed material. Accordingly, investors should monitor these social media channels in addition to following our website, press releases, SEC filings and public conference calls and webcasts. The social media channels that we intend to use as a means of disclosing the information described above may be updated from time to time as listed on our website.

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SOURCE Mega Matrix Corp.

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