Global Recycled Glass Market Size study, By Product (Cullet, Crushed Glass, Glass Powder), By Application (Glass Bottle & Containers, Fiber Glass, Flat Glass, Others), and Regional Forecasts 2022-2028
Global Recycled Glass Market is valued at approximately USD 3457.5 million in 2021 and is anticipated to grow with a healthy growth rate of more than 6.31% over the forecast period 2022-2028. Recycled Glass is processed glass that is transformed from waste glass into usable products. The glass can be interminably recycled by crushing, blending, and melting it together with sand and other starting materials without any loss in quality or purity. The rising awareness of the benefit of recyclable glass, favorable governmental initiatives towards the use of recycled glass, and surging demand for recycled glass in various end-user industries are the several prominent factors surging global market demand. As per the C&EN-Chemical and Engineering News, in February 2019, the government of the US recycled more than 98% of the Glass bottles, thus totaling of up-to 33% of the national average in the year 2019. Thereby, the rising glass production and recycling will create a thrive in the growth of the Global Recycled Glass Market. However, high investment in the recycling process hampers the growth of the market over the forecast period of 2022-2028. Also, advancements in recycled glass and rapid expansion towards the development of the construction activities are anticipated to act as catalyzing factors for the market demand during the forecast period.
The key regions considered for the global Recycled Glass Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Europe is the leading region across the world in terms of market share owing to the rising emphasis on reducing carbon emissions and growing investment in glass recycling facilities by industry players. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the increasing recycling of glass articles such as containers, bottles, shields, and others, as well as rising government support, would create lucrative growth prospects for the Recycled Glass Market across the Asia-Pacific region.
Major market players included in this report are:
Strategic Materials Inc.
ACE Glass Recycling
Gallo Glass Company
Ripple Glass
Momentum Recycling LLC
CAP Glass
Bradish Glass Inc
Dlubak Glass Company
Owens-Illinois
Coloured Aggregates Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Cullet
Crushed Glass
Glass Powder
By Application:
Glass Bottle & Containers
Fiber Glass
Flat Glass
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Recycled Glass Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
Strategic Materials Inc.
ACE Glass Recycling
Gallo Glass Company
Ripple Glass
Momentum Recycling LLC
CAP Glass
Bradish Glass Inc
Dlubak Glass Company
Owens-Illinois
Coloured Aggregates Inc.
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
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