Despite of environmental problems(safety hazards), mechanical recycling of FRP boats, which involves shredding and grinding of the scrap FRP in a new product. is one of the simpler and more technically proven methods than incineration or reclamation ones. Because FRP is made up of reinforced fiber glass, it is very difficult to break into pieces. It also occurs secondary problem such as air pollution and unacceptable shredding noise level. The another urgent problem which is a serious barrier to FRP recycling is very limited reusable applications. This study is to propose a new method which is efficient and environment friendly waste FRP regenerating system. And it also have shown the polymer cement and fiber-reinforced concrete applications with the waste FRP.