Recycled Glass Market will grow at 7.5% CAGR up to 2026 | Ardagh group, Momentum Recycling, Strategic Materials, Harsco Minerals International and Heritage Glass.

Global Market Insights, Inc. has added a new report on Recycled Glass Market that provides a comprehensive review of this industry with respect to the driving forces influencing the market size. Comprising the current and future trends defining the dynamics of this industry vertical, this report also incorporates the regional landscape Industry in tandem with its competitive terrain.

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.

Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/2699

According to a new research report by Global Market Insights, Inc. Recycled Glass Market size will surpass USD 4.4 billion by 2025.

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.

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.

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.

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.

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.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2699

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.

Partial Chapter of the Table of Content:

Chapter 3. Recycled Glass Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2016 - 2026
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 manufacturers/distributors
3.3.6.2. List of key/potential customers
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
3.6.2.2. High investment in glass recycling
3.7. Regulatory trends
3.7.1. U.S.
3.7.2. Europe
3.7.3. South Korea
3.8. Growth potential analysis
3.9. Regional price trends
3.9.1. Cost structure analysis
3.9.1.1. R & D cost
3.9.1.2. Manufacturing & equipment cost
3.9.1.3. Raw material cost
3.9.1.4. Distribution cost
3.9.1.5. Operating cost
3.9.1.6. Miscellaneous cost
3.9.2. Price by source
3.9.3. Price by product
3.9.4. Price by application
3.10. Competitive landscape, 2018
3.10.1. Company market share analysis, 2018
3.10.2. Strategic dashboard
3.11. Porter's analysis
3.11.1. Supplier power
3.11.2. Buyer power
3.11.3. Threat of new entrants
3.11.4. Industry rivalry
3.11.5. Threat of substitutes
3.12. PESTEL analysis

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

Contact Us
Contact Person: Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.a
Phone: 1-302-846-7766
Toll Free: 1 888-689-0688

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

This release was published on openPR.