PUBLISHER: SkyQuest | PRODUCT CODE: 1285925
PUBLISHER: SkyQuest | PRODUCT CODE: 1285925
Global Recycled Glass Market Size, Share, Growth Analysis, By Product(Cullet, Crushed Glass), By Application(Bottle & container, Flat glass) - Industry Forecast 2023-2030
Recycled Glass Market size was valued at USD 4.24 billion in 2021 and is poised to grow from USD 4.51 billion in 2022 to USD 7.35 billion by 2030, growing at a CAGR of 6.4% in the forecast period (2023-2030).
The global recycled glass market is witnessing substantial growth due to increasing environmental awareness and sustainable practices. Recycled glass offers numerous benefits, including reduced energy consumption and greenhouse gas emissions. The market is driven by rising demand for eco-friendly packaging solutions and construction materials. Technological advancements in glass recycling processes further contribute to market expansion. Growing government initiatives and regulations promoting recycling also propel the growth of the global recycled glass market.
Top-down and bottom-up approaches were used to estimate and validate the size of Recycled Glass and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Segments covered in this report:
The Global Recycled Glass Market is segmented based on Product, Application, and region. Based on Product, the market is segmented into Cullet, Crushed Glass, Glass powder, and others. Based on Application, the market is segmented into Bottle & container, Flat glass, Fiberglas, Highway Beds, Abrasives, Fillers, and others. Based on region, the global Recycled Glass market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.
Driver
Recycled glass sourced from a variety of containers, including soda bottles, offers significant benefits in terms of recycling and its utility for product storage. This practice enables companies to reduce expenses associated with acquiring new containers by opting for reused, recycled vessels. As a result, there is an anticipated rise in the market demand for recycled glass throughout the analyzed duration.
Restrain
The process of recycling can be challenging due to difficulties in handling contamination. Key factors that contribute to this challenge include limited availability of suitable markets for recycled glass, the presence of contaminants, and high shipping costs. These factors, partly due to the heavier weight of glass compared to plastic or metal of similar volume, are expected to impede the growth of the recycled glass market in the analyzed timeframe.
Trends
The increasing demand from glass manufacturing companies is being driven by the exponential properties of recycled glass. It serves as a significant portion of the raw material required for the production of new glass, contributing significantly to the growth of the recycled glass market.
Table of Contents
Executive Summary
- Market Overview
- Wheel of Fortune
- Research Methodology
- Information Procurement
- Secondary & Primary Data Sources
- Market Size Estimation
- Market Assumptions & Limitations
Parent Market Analysis
- Market Overview
- Market Size
- Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges
- Key Market Insights
- Technology Analysis
- Pricing Analysis
- Supply Chain Analysis
- Value Chain Analysis
- Ecosystem of the Market
- IP Analysis
- Trade Analysis
- Startup Analysis
- Raw Material Analysis
- Innovation Matrix
- Pipeline Product Analysis
- Macroeconomic Indicators
- Top Investment Analysis
- Key Success Factor
- Degree of Competition
- Market Dynamics & Outlook
- Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges
- Regulatory Landscape
- Porters Analysis
- Competitive rivalry
- Threat of Substitute Products
- Bargaining Power of Buyers
- Threat of New Entrants
- Bargaining Power of Suppliers
- Skyquest Special Insights on Future Disruptions
- Political Impact
- Economic Impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
- Global Recycled Glass Market by Product
- Market Overview
- Cullet
- Crushed Glass
- Glass powder
- others.
Global Recycled Glass Market by Application
- Market Overview
- Bottle & container
- Flat glass
- Fiberglass
- Highway Beds
- Abrasives
- Fillers
- others.
- Global Recycled Glass Market Size by Region
- Market Overview
- North America
- USA
- Canada
- Europe
- Germany
- Spain
- France
- UK
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East & Africa (MEA)
- GCC Countries
- South Africa
- Rest of MEA
- Competitive Landscape
- Top 5 Player Comparison
- Market Positioning of Key Players, 2021
- Strategies Adopted by Key Market Players
- Top Winning Strategies
- By Development
- By Company
- By Year
- Recent Activities in the Market
- Key Companies Market Share (%), 2021
- Key Company Profiles
- Strategic Materials Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Coloured Aggregates Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Gallo Glass Company
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Ardagh Group S.A.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Momentum Recycling LLC
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Vetropack Holding Ltd.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Verallia Packaging SAS
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Owens-Illinois Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Glass Recycled Surfaces
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Vidroporto S.A.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Vitro S.A.B. de C.V.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Compagnie de Saint-Gobain S.A.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Recresco Ltd.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Pace Glass Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Richfield Industries
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Kimble Chase Life Science and Research Products LLC
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Triveni Glass Ltd.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- BMT CO. LTD.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Gerresheimer AG
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Stolzle Glass Group.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
