Recycled Glass Market Size and Analysis, Trends, Recent Developments, and Forecast Till 2027 | Top Key Players Strategic Materials Inc, ACE Glass Recycling, Balcones Resources,etc

The Global Recycled Glass Market size is estimated to reach USD 5.27 from USD 3.63 billion in 2019, delivering a CAGR of 4.8% through 2027. The market growth is driven by the major implementation of effective waste management & sustainable development, along with favorable government initiatives promoting the usage of recycled glass. Several countries across the globe are working towards the waste glass deposit program for managing waste. For instance, in England, all drink containers made of plastic, metal, or glass are covered under the deposit-return scheme run by the regional government. The scheme was introduced to reduce the amount of litter polluting sea and land recurring a small cash sum to consumers who return their cans and bottles. Similar kinds of schemes are operational in 38 countries across the globe.

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Sustainability and digitalization are expected to be two key trends to alter the dynamics of the chemicals and materials industry over the forecast period. Rising focus on sustainable manufacturing processes, packaging, and innovation in production are some key factors expected to accelerate market revenue growth over the forecast period. In addition, incorporation of machine learning, artificial intelligence, and the advent of 3D printing or additive manufacturing are expected to further contribute to revenue growth of the market going ahead.

Advancements in R&D technology, development of new business models, and emergence of disruptive technologies have brought about dynamic changes in the global market over the recent past. Growing demand for personal care products, increasing demand from end-use industries, and rapid advancement in e-commerce sales channel have given rise to lucrative growth opportunities in the sector. Key companies are focusing on the current and emerging trends to capitalize on the market opportunity.

Key companies profiled in the report include:

Strategic Materials Inc, ACE Glass Recycling, Balcones Resources, Gallo Glass Company, Ripple Glass, Pace Glass Inc, Momentum Recycling LLC, CAP Glass, Bradish Glass Inc, and Dlubak Glass Company.

The report also studies their financial standing and global position. It also provides an extensive coverage of the alliances occurring in the competitive landscape such as mergers and acquisitions, collaborations, joint ventures, partnerships, corporate deals and government deals, agreements, and product launches and brand promotions.

To impart a better understanding, the Recycled Glass market is further segmented on the basis of types, application, technologies, and key geographies where the market has already established its presence.

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Source Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)

Deposit Program

Drop Off/Buy Back Centers

Curbside Pickups

Product Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)

Cullet

Crushed Glass

Glass Powder

Application Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)

Glass Bottle & Containers

Fiber Glass

Flat Glass

Highway Beads

Abrasives

Fillers

Others

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Regional analysis section covers analysis of the Recycled Glass market in the major geographies of the world including North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa with regards to production and consumption pattern, supply and demand ratio, import/export, revenue contribution, market share and market size, and presence of key players in the region.

Detailed Regional Analysis Covers:

North America (U.S., Canada, Mexico)

Europe (U.K., Italy, Germany, France, Rest of Europe)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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