Press release
Recycled Glass Market Size Worth USD 6.03 Million Globally with an Outstanding CAGR of 6.40% by 2029
Data Bridge Market Research analyses that the recycled glass market will witness a CAGR of 6.40% for the forecast period of 2021-2028. Rising environmental concerns coupled with concerns regarding aesthetic appeal of glass, rising amounts of glass waste and increasing focus on sustainable industrial manufacturing processes are the major factors attributable to the growth of the recycled glass market. This signifies that the global recycled glass market value would stand tall by USD 6.03 million by the year 2028.
Increased focus of the government, manufacturers and general population on waste management coupled with achieving sustainable development is the root cause fuelling up the recycled glass market growth rate. Advantageous properties offered by recycled glass are another factor responsible for propelling growth in the recycled glass market value. Rising demand for recycled glass by building and construction industry owing to the rising urbanization and growth in construction activities especially in the developing economies will further accelerate the market growth rate. Rising application of recycled glass by other end user industries such as automotive industry will further create lucrative growth opportunities for the market. Rising industrialization will also directly and positively impact the demand for recycled glass globally.
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Glass is one material that can be recycled limitlessly without having to worry about the quality or purity content. Glass is recycled by crushing and melting processes and eventually is turned into different forms or shapes. Recycled glass substitutes 95% of the raw materials used in manufacturing the glass which means the recycled glass promotes conservation of raw materials like silica, soda ash and limestone. In other words, recycled glass results in reduction in mining and associated transportation expenses.
The major players covered in the recycled glass market report are Strategic Materials, Inc., URM, Vetropack, Ardagh Group S.A., O-I Glass, Inc., Ngwenya Glass., BALCONES RESOURCES, Reiling GmbH & Co. KG, Heritage Glass Inc., GLASS RECYCLED SURFACES, Enva, RETHMANN SE & CO. KG, Harasco Corporation., Coloured Aggregates Inc., Pace Glass Co., Verallia, Momentum Recycling, LLC, Dlubak Glass Company, Gallo Glass Company and Trivitro Corporation among other domestic and global players.
Scope of the Recycled Glass Market Report:
The research examines the key players in the Global Recycled Glass Market in detail, focusing on their market share, gross margin, net profit, sales, product portfolio, new applications, recent developments, and other factors. It also sheds light on the vendor landscape, helping players to foresee future competitive movements in the global Recycled Glass business.
The recycled glass market is segmented on the basis of source, product and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
On the basis of source, the recycled glass market is segmented into deposit, buy back/drop off and curb-side.
On the basis of product, the recycled glass market is segmented into cullet, crushed glass and glass powder. Cullet segment is further sub-segmented into clear cullet, amber cullet and green cullet.
On the basis of application, the recycled glass market is segmented into glass bottles and containers, flat glass, fiberglass, highway beads, abrasives, fillers and others.
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Regional Analysis of the Recycled Glass Market:
The global Recycled Glass Market research report details the ongoing market trends, development outlines, and several research methodologies. It illustrates the key factors that directly manipulate the Market, for instance, production strategies, development platforms, and product portfolio. According to our researchers, even minor changes within the product profiles could result in huge disruptions to the above-mentioned factors.
➛ North America (United States, Canada, and Mexico)
➛ Europe (Germany, France, UK, Russia, and Italy)
➛ Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
➛ South America (Brazil, Argentina, Colombia, etc.)
➛ Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What insights does the Recycled Glass Market report provide to the readers?
➜ Recycled Glass fragmentation on the basis of product type, end-use, and region
➜ Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape
➜ Collaborations, R&D projects, acquisitions, and product launches of each Recycled Glass player
➜ Various regulations imposed by the governments on the consumption of Recycled Glass in detail
➜ Impact of modern technologies, such as big data & analytics, artificial intelligence, and social media platforms on the global Recycled Glass Market.
There are 13 Sections to show the global Recycled Glass market:
Chapter 1: Market Overview, Drivers, Restraints and Opportunities, Segmentation overview
Chapter 2: Market Competition by Manufacturers
Chapter 3: Production by Regions
Chapter 4: Consumption by Regions
Chapter 5: Production, By Types, Revenue, and Market share by Types
Chapter 6: Consumption, By Applications, Market share (%), and Growth Rate by Applications
Chapter 7: Complete profiling and analysis of Manufacturers
Chapter 8: Manufacturing cost analysis, Raw materials analysis, Region-wise manufacturing expenses
Chapter 9: Industrial Chain, Sourcing Strategy, and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Market Effect Factors Analysis
Chapter 12: Market Forecast
Chapter 13: Recycled Glass Market Research Findings and Conclusion, Appendix, methodology, and data source
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