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Fiber composite materials are key components of numerous future technologies. This results in a strongly increased demand and also in increasing amounts of waste in the upcoming years. Thus, recycling of fiber composite materials has become an intensively researched topic. At 95 wt %, glass fiber‐reinforced plastics make up the largest part. This review article will provide an overview of the state of the art of common recycling strategies and technologies, with particular focus on the advantages and challenges of glass fiber‐reinforced polymer recycling. [ABSTRACT FROM AUTHOR]