As per this study the Global Recycled Glass Market was valued USD XX MN (by revenue) in 2021 and is anticipated to reach USD XX MN by 2027 with a CAGR of XX%.
Glass obtained after recycling of waste glass is referred as recycled glass. Basically, in recycling process, waste glass is primarily separated using chemical composition depending upon color and then further processed to make new glass products. Advantages of recycled glass are reduction in emission and consumption of raw materials, extends shelf life of plant equipment and it saves energy.
Rising demand of glass products from food and beverage, pharmaceutical sector is driving the market growth. Stringent governmental norms on emission of greenhouse gases during production of gases has risen the demand for recycled glass. Rapid industrialization leads to generation of high amount of glass waste is boosting the market growth. However, high contamination rate due to presence of waste product leading to alteration of properties may hinder the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of recycled glass.
The broad recycled glass market has been sub-grouped into sources, product, and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- Deposit Program
- Drop Off Program
- Curbside Program
- Crushed Glass
- Glass Powder
- Glass Bottles & Containers
- Flat Glass
- Fiber Glass
- Highway Beads
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for recycled glass in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Recycled Glass Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the recycled glass market includes Berryman Glass Recycling, Black Beauty Abrasives, Coloured Aggregates Inc., Dlubak Glass Company, G.R.L. Glass recycling NV, Gallo Glass company, Glass Recycled Surfaces LLC, Harsco Minerals International, Momentum Recycling, LLC, Ngwenya glass, Strategic Material Inc., Trivitro, Vetropack Holding Ltd. and Vitro Minerals, Inc. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.