Recycled Glass Market to gain significant revenue through 2025

A study conducted by Global Market Insights, Inc., estimates that the recycled glass market size may surpass a USD 4.76 billion valuation by 2026.Over the past few years, environmental degradation has gone up at an alarming rate. Issues like land pollution, climate change, water pollution, and global warming have led to the commencement of sustainable green initiatives by nations worldwide. Recycling glass is slated to be an efficient ways of reducing global carbon emissions.

Glass is a recyclable material that can potentially offer viable benefits to the environment. Studies suggest that for every six tons of recycled glass container utilized in the manufacturing process, one ton of CO2 is avoided. Glass can be recycled endlessly without hampering its purity and quality.

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

Growth driver are
1. Rising awareness about sustainable development
2. Tightening legislation to use recycle glass in Europe

Use of recycled glass bottles in the F&B industry

Recycled glass market is usually obtained in large quantities from the food and beverage sector. Bottles and jars made from glass are mostly recyclable and can later be used to develop new glass products. As per an estimate, around 80% of glass containers recovered from users are later made into new glass bottles.

In recent years, government authorities have also seen to emphasize customers on recycling used glass containers. According to Environmental Protection Agency (EPA), in 2017, around three million tons of glass containers were recycled in the U.S, signifying a recycling rate of 26.6%. Such inclination along with growing user awareness could augment the recycled glass market outlook in the coming years.

Cullet to record sizable demand

Cullet is basically recycled, furnace-ready waste glass. It is obtained from recycled glass taken from any glass product that do not require meeting high quality standards in the production process. Glass cullet is used in several construction applications like cement replacement, roadbeds, trench fill, pavement, road construction, and drainage medium. Recycled glass cullet also has low-melting eutectic and requires less energy to melt compared to virgin raw materials that are required for manufacturing new glass bottle. Thereby, use of cullet seems to be an appropriate option in the recycled glass market.

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

Need for glass recycling in the U.S.

According to reports, Americans dispose around 10 million metric tons of glass each year. This glass waste make up for a substantial amount of municipal solid waste (MSW) in the country. EPA claims that glass generated from all products recorded for around 11.4 million tons in the U.S. in 2017, signifying around 4.2% of all MSW.

Large volume of glass waste across the country has driven the demand for efficient glass waste recycling. Meanwhile, increasing consumption of alcoholic and non-alcoholic beverages by Americans has encouraged bottle manufacturers to utilize recycled glass to their packaging needs. According to the U.S. EPA, in 2017, around 39.1% of beer and soft drink bottles were recovered for recycling. Whereas 15.1% of food and other glass jars and 39.1% of liquor and wine bottles were recycled, totally overall recycled glass containers to around 33.9%.

Leading key Players are

The significant players in the recycled glass market Strategic Materials, Inc., Berryman Glass Recycling, Vetropack Holding Ltd., Dlubak Glass Company, Glass Recycled Surfaces, Momentum Recycling, LLC, Harsco Minerals International, Vitro Minerals, Inc., Coloured Aggregates Inc., Trivitro Corporation, Gallo Glass Company, G.R.L. Glasrecycling NV, Black Beauty Abrasive and Consol Glass (Pty) Ltd.

Read More: https://www.gminsights.com/industry-analysis/recycled-glass-market

Contact Us
Contact Person: Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
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.