Recycled Glass Market Global Rising Demand & Huge Scope Till 2028

Recycled Glass Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product Type (Glass Cullet, Glass Fines, and Glass Powder) and Application (Bottle and Container, Flat Glass, Fiber Glass, Highway Beads, Fillers, and Others) The market is expected to grow from US$ 3,435.81 million in 2022 to US$ 4,571.62 million by 2028; it is estimated to grow at a CAGR of 5.5% from 2021 to 2028.

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Competitive Landscape: Recycled Glass Market
Glass recycling is a common practice followed in many countries across the globe. The glass packaging industry prefers recycled glass because it requires less energy to process and is more cost-effective than virgin glass. The waste generated in glass recycling is very low during the manufacturing process, and the same glass can be used repeatedly. The carbon footprint caused due to glass packaging can be dramatically reduced through the use of recycled glass. For instance, every 10% of recycled glass or cullet used in production results in an ~5% reduction in carbon emissions and saves ~3% of energy. The innovation in the glass recycling industry to improve the efficiency of the recycling rate has created attractive opportunities for recycled glass in the coming years. In the construction industry, recycled glass is used in concrete glass asphalt substrate, tiles, masonry blocks, flooring, and other decorative purposes. The major factors driving the recycled glass market growth are increased demand for eco-friendly packaging and per-capita income in developing economies. The COVID-19 pandemic has further decreased the demand for recycled glass due to the slowdown of major economies across the globe. Furthermore, the growth in the food & beverages, pharmaceutical, construction, and paints & coatings industries in various countries is projected to offer lucrative opportunities for the recycled glass market during the forecast period. However, the fluctuations in the prices of glass cullet and other product type are expected to hamper the market growth during the forecast period.

Coloured Aggregates Inc.
Gallo Glass Company
Strategic Materials, Inc.
Vetropack
O-I Glass, Inc.
Dlubak Glass Company
R.L, Glasrecycling
Ardagh Group S.A.
Bradish Glass, Inc.
Momentum Recycling, LLC

Chapter Details of Recycled Glass Market:
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Recycled Glass Market Landscape
Part 04: Recycled Glass Market Sizing
Part 05: Recycled Glass Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis

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