Press release
Worldwide Recycled Glass Market Analysis Focusing on Top Key Players – Berryman Glass Recycling, Vetropack Holding Ltd, Vitro Minerals Inc, Glass Recycled Surfaces LLC, Dlubak Glass Company, Momentum Recycling LLC, Harsco Minerals International & more
Recycled Glass
Players operating in the global Recycled Glass market include Strategic Material Inc, Berryman Glass Recycling, Vetropack Holding Ltd, Vitro Minerals Inc, Glass Recycled Surfaces LLC, Dlubak Glass Company, Momentum Recycling LLC, Harsco Minerals International, Coloured Aggregates Inc, Black Beauty Abrasives, Trivitro, Ngwenya glass, Gallo Glass company, G.R.L. Glass recycling NV.
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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According to source type, the market is segmented into curbside collection, drop off/ buy back centers and deposit programs. The curbside collection includes MRF for the segregation of recycled and reuse material. The segment will generate revenue around USD 1.2 billion by 2025.
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.
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.
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.
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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.
Table of content:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Recycled Glass Industry Insights
Chapter 4. Recycled glass Market, by Sources
Chapter 5. Recycled glass Market, Product by Application
Chapter 6. Recycled glass Market, By Applications
Chapter 7. Recycled Glass Market, By Region
Chapter 8. Company Profiles
More Details on this Report At: https://www.marketstudyreport.com/reports/recycled-glass-market
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https://www.marketstudyreport.com/reports/global-flat-glass-market-by-manufacturers-regions-type-and-application-forecast-to-2023/?utm_source=RR-PSR
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