Global Recycled Glass (Cullet) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Recycled Glass (Cullet) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

The glass that is crushed or imploded and ready to be remelted is called cullet or recycled glass. Glass can be repeatedly recycled without losing its quality or strength, so glass manufacturers use crushed, recycled glass, called cullet, to reduce their production costs for glass items of many descriptions.

Market Overview:

The latest research study on the global Recycled Glass (Cullet) market finds that the global Recycled Glass (Cullet) market reached a value of USD 6468.5 million in 2022. It’s expected that the market will achieve USD 8118.83 million by 2028, exhibiting a CAGR of 3.86% during the forecast period.

With the growing demand for sustainable and eco-friendly products across industries, consumers are becoming more environmentally conscious and demanding more from products produced in an environmentally sustainable manner. Glass manufacturers have responded to this demand by increasing the use of recycled glass (cullet), thereby reducing the environmental impact of their production process, reducing energy consumption and greenhouse gas emissions, which contributes to a reduction in carbon footprint while promoting recycled glass (cullet) industry development.

1 Drivers

1.1 Recycled glass (cullet) has economic and environmental benefits.
1.2 Policy support promotes industry development.

2 Challenges and Restraints

2.1 Difficulty in collecting, sorting, and disposing of recycled glass (cullet).
2.2 Recycled glass (cullet) product quality requirements.
2.3 The public's awareness of recycled glass needs to be continuously improved.

Region Overview:

Europe was the largest revenue market with a market share of 61.86% in 2017 and 61.64% in 2022, a decrease of 0.23%. In 2022, North America market share was 23.13%, ranking second.

Company Overview:

O-I Glass
At O-I Glass, Inc. (NYSE: OI), they are proud to be one of the leading producers of glass bottles and jars around the globe. Glass is not only beautiful, it’s also pure, healthy and completely recyclable, making it the most sustainable rigid packaging material. Headquartered in Perrysburg, Ohio (USA), their diverse team is made of approximately 24,000 people across 70 plants in 19 countries. O-I is the preferred partner for many of the world’s leading food and beverage brands. They collaborate with customers to create iconic, innovative packaging that builds brands around the world.

Verallia

Experts in the design, manufacture and recycling of glass packaging, they provide healthy, aesthetic and sustainable solutions to 10,000 companies worldwide.

As the European leader and the world’s third largest producer of glass packaging for beverages and food products, they want to redefine the way glass is manufactured, reused and recycled, to make it the most sustainable packaging material in the world.

With 34 glass plants, 4 decor plants and 9 cullet (glassware) processing centers in 12 countries, they manufacture 16 billion glass bottles and jars each year to supply 10,000 companies, from local family producers to major international brands.

Saint Gobain

Compagnie de Saint-Gobain S.A. is a French multinational corporation, founded in 1665 in Paris and headquartered on the outskirts of Paris, at La Défense and in Courbevoie. Originally a mirror manufacturer, it now also produces a variety of construction, high-performance, and other materials.

Recycled Glass (Cullet) companies are mainly from Europe and United States; the industry concentrate rate is high. The market share of the top three companies in 2021 was 46.56%. The top three companies are O-I Glass, Verallia and Saint Gobain, with the revenue market share of 21.06%, 14.89% and 10.62% in 2021.

Segmentation Overview:

Recycled glass (cullet) can be divided into clear cullet, green cullet and others according to color.

Many recyclers collect different colors of glass separately since glass retains its color after recycling. The most common colours used for consumer containers are clear (flint) glass, green glass, and brown (amber) glass.

Application Overview:

Bottle & Containers
Recycled glass (Cullet) can be segmented into bottles and containers, flat glass, fiberglass, road beads, and others, according to the product being applied.
Bottle & Container that is primarily used to hold liquids and semiliquids.
Flat Glass
Flat glass is a type of glass, initially produced in plane form, commonly used for windows, glass doors, transparent walls, and windscreens. For modern architectural and automotive applications, the flat glass is sometimes bent after production of the plane sheet.
Fiber Glass
Fiberglass is a common type of fiber-reinforced plastic using glass fiber. The fibers may be randomly arranged, flattened into a sheet called a chopped strand mat, or woven into glass cloth. The plastic matrix may be a thermoset polymer matrix—most often based on thermosetting polymers such as epoxy, polyester resin, or vinyl ester resin—or a thermoplastic.
Highway Beads
Glass beads play the most important role in pavement-marking retroreflectivity. Reflective road marking glass beads for road markings can improve the reflective performance of road marking paint. The light of the car lights on the marking lines with glass beads, which can reflect the light of the car lights back, make the driver see the direction of travel, and improve the safety of driving at night.

Key Companies in the global Recycled Glass (Cullet) market covered in Chapter 3:

Ardagh Group
Dlubak Glass Company
Anchor Glass
Gallo Glass Company
Harsco Minerals International
GRL Glass Recycling & Logistics
Vidrala
Saint Gobain
Verallia
Reiling Group
O-I Glass
Strategic Materials
Vetropack Group
Juqiang Renewable Resources
Spring Pool Glass

In Chapter 4 and Chapter 14.2, on the basis of types, the Recycled Glass (Cullet) market from 2018 to 2029 is primarily split into:

Clear Cullet
Green Cullet
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Recycled Glass (Cullet) market from 2018 to 2029 covers:

Bottle & Containers
Flat Glass
Fiber Glass
Highway Beads
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)