According to the latest report by IMARC Group, titled “Recycled Glass Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on the global recycled glass market. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The global recycled glass market reached a value of US$ 4.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 5.9 Billion by 2027, exhibiting a CAGR of 5.5% during 2022-2027. Recycled glass is made after the processing of waste glass into usable products. The broken pieces of glass can be recycled without losing quality or purity. Recycled glass is made from cullet, limestone, sand, and soda ash materials. It is further used to manufacture new usable products, such as bottles, jars, abrasives, containers, and insulation items. It finds extensive applications in food and beverages packaging, automotive industries, and construction activities .
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Market Trends and Drivers:
The global market is majorly driven by the increasing product demand from glass manufacturing companies. In line with this, the growing awareness regarding sustainable development is creating a positive outlook for the market. Moreover, the escalating requirement for recycled glass in the food and beverage industry as a packaging material is catalyzing the market growth. Besides this, several market players are investing in research and development activities, thereby propelling the market. Additionally, stringent regulations imposed by governments of various countries on waste management are aiding the product uptake worldwide.
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Key Market Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Ardagh Group S.A.
- Coloured Aggregates Inc.
- Dlubak Glass Company
- Gallo Glass Company
- Glass Recycled Surfaces
- Harsco Corporation
- Momentum Recycling LLC
- O-I Glass Inc.
- Reiling GmbH & Co. KG
- Strategic Materials Inc
- United Resource Management
- Verallia
- Vetropack Holding Ltd.
Breakup by Product:
- Cullet
- Crushed Glass
- Glass Powder
Breakup by Source:
- Deposit Program
- Buy Back/Drop Off Centers
- Curbside Pickups
Breakup by Application:
- Bottle and Containers
- Flat Glass
- Fiber Glass
- Highway Beads
- Others
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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