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Global Recycled Glass Market 2025 Key Information by Top Key Players Berry Glass, Ngwenya Glass, Harsco Minerals International, Glass Recycled Surfaces, Strategic Materials

09-25-2018 01:43 PM CET | Industry, Real Estate & Construction

Press release from: marketstudyreport.com

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Global Recycled Glass Market 2025 Key Information by Top Key

The newly released research at Market Study Report titled “2018-2025 Global Recycled Glass Market Report” provides data, information, brief analysis, company profiles, statistics for past years and forecasts for next few years.

Recycled Glass Market will surpass USD 4.4 billion by 2025; according to a new research report.

Proliferation of the waste to energy approach has stimulated the glass recycling technique. The use of recycled glass reduces the energy consumption required to melt the raw material during making vitric products. Moreover, over a ton of natural resources can be saved for each ton of product used. For instance, energy costs drop about 2 ? 3% for every 10% of recycled cullet use in making glassware and carbon dioxide drop to one ton for every six tons of recycled cullet use.

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Rising awareness and various initiatives about sustainable development has spur product market. For instance, in 2017, ?Glass for Europe? association for the flat glass, proposed an initiative to increase the recycling of flat glass which will further enhance the recycling rate.

Alcohol packaging industry deemed to a profitable quotient for the recycled glass market. It is the largest end-user as well as raw material supplier for the recycled glass market. Rising urbanization along with rising disposable income in developing nation will increase the consumption of alcoholic beverages, resulting in an increase in demand for alcohol packaging market. This will further spur the recycled glass market.

Crushed product market will to grow at a compounded annual growth rate of 7.2% over next seven years. In 2010, Waverley Council, an Australian Council, substituted nearly 15 tons of crushed product into road projects, 7.5 ton in concrete and asphalt each. These initiatives by the developing countries will spur product market in next seven years.

On the other flip, high cost associated with glass recycling will hamper the recycled product market. The recycling process is labor intensive which incurs a heavy investment. Moreover, in many countries the recycling process is done overseas owing to lack of proper recycling facilities which increases the product cost. For instance, the vitric product waste collected in Singapore is sorted and exported overseas for recycling due to no recycling facilities in the country.

Netherland product market will generate revenue nearly USD 970 million in 2025. The practice for recycling vitric products in the country has been carried out for at least 25 years. It is a statutory requirement that each district council is responsible for the collection of vitric products for recycling, in line with Europe directives on waste management. Strict regulations in Europe about recycling will spur the recycled glass market.

The major players product includes Berry Glass, Ngwenya Glass, Harsco Minerals International, Glass Recycled Surfaces, Strategic Materials, Vetropack Holding Ltd, and Momentum Recycling.

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Table of Content:

Chapter 1. Methodology and Scope
1.1. Methodology
1.2. Market definitions
1.3. Market estimation & forecast parameters
1.4. Data sources
1.4.1. Primary
1.4.2. Secondary
1.4.2.1. Paid sources
1.4.2.2. Public sources

Chapter 2. Executive Summary
2.1. Recycled glass market 360 degree synopsis, 2014 - 2025
2.1.1. Business trends
2.1.2. Source trends
2.1.3. Product by application trends
2.1.4. Application trends
2.1.5. Regional trends

Chapter 3. Recycled Glass Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2014 - 2025
3.3. Industry ecosystem analysis
3.3.1. Raw material analysis
3.3.2. Manufacturing trends
3.3.3. Profit margin
3.3.4. Value addition
3.3.5. Distribution channel analysis
3.3.6. Vendor matrix
3.3.6.1. List of key raw material suppliers
3.3.6.2. List of key manufacturers/distributors
3.4. Raw material trends
3.5. Innovation & sustainability
3.5.1. Patent analysis
3.5.2. Technology landscape
3.5.3. Production process
3.5.4. Future trends
3.6. Industry impact forces
3.6.1. Growth driver
3.6.1.1. Rising awareness about sustainable development
3.6.1.2. Tightening legislation to use recycle glass in Europe
3.6.2. Industry pitfalls & challenges
3.6.2.1. Complex manufacturing process

For More Details about this report: https://www.marketstudyreport.com/reports/recycled-glass-market

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