Press release
Recycled Glass Market is Forecasted to Reach US$ 1860.06 Million in 2028, Says Stratview Research
Stratview Research, a global market research firm has launched a report on the global recycled glass market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
Click here to get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/2544/Recycled-Glass-Market.html#form
Report Highlights:
Market Size in 2028: US$ 1860.06 million
Growth (CAGR): 6.6% during 2022-2028
Forecast Period: 2022-2028
Trend Period: 2016-2020
Base Year: 2021
Number of Segments Covered: 3
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20
Segment Insights on the Recycled Glass Market:
The global recycled glass market is segmented based on product type, end-use type, and region.
Based on product type - The recycled glass market has been classified into cullet, crushed glass, and glass powder. The cullet segment held the largest market share in 2021 and is likely to grow at a considered CAGR during the forecast period. Cullet reduces the amount of raw material used, exhibits low melting power requirements, and further extends the life of the furnace to a minimum of 30%, thereby bolstering segment growth.
Based on end-use type - The market has been classified into glass bottles and containers, flat glass, fiberglass, highway beads, abrasives, and fillers. The glass bottle and containers segment held the major market share in 2021. Increasing use of recycled glass for manufacturing bottles and containers is the prime factor driving the growth of the segment. The flat glass segment is expected to witness the fastest growth.
To know the most attractive segments, click here:
https://www.stratviewresearch.com/2544/Recycled-Glass-Market.html
Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that European market held a significant market share in 2021 and is projected to grow at a healthy CAGR in the coming years. This growth outlook is majorly attributed to the following-
• Europe has high awareness regarding landfills well as is promoting the reuse of glass with supportive government policies.
• Moreover, the European Union introduced the circular economy package to further enhance waste management and recycling activities, thus proliferating regional market growth.
Recycled Glass Market Drivers:
Some of the key drivers listed in the report are given below.
• Rapid industrialization and urbanization have led to large landfills of waste, which has augmented the need for recycled products, thus boosting the demand for recycled glass products.
• Favorable government initiatives and increasing awareness campaigns for cleanliness
• Technological advancements encouraging the usage of recycled glass in automotive and construction
• Increasing environmental concerns to address climate emergencies
Top Companies in the Recycled Glass Market:
Stratview Research has identified the following companies as the top market players.
• Berryman Glass Recycling (UK)
• Coloured Aggregates (Canada)
• Consol Glass (Pty) Ltd (South Africa)
• Dlubak Glass Company (US)
• Glass Recycled Surfaces (US)
• Harsco Minerals International (US)
• Momentum Recycling (US)
• Strategic Material (US)
• Vetropack Holding (Switzerland)
• Vitro Minerals (US)
What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Recycled Glass Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?
For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com
Related Reports:
• Advanced Glass Market: https://www.stratviewresearch.com/857/advanced-glass-market.html
• Scratch-Resistant Glass Market: https://www.stratviewresearch.com/592/scratch-resistant-glass-market.html
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About Us:
Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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