Stratview Research has recently added a new report titled Recycled Glass Market to its collection. The report studies vital factors about the market that are essential for existing players as well as new market entrants. The report throws light on the critical elements such as market share, profitability, supply chain, production, sales, upcoming technologies, key market players, regional segmentation, and many more aspects related to the Recycled Glass Market.
The years considered in this report to estimate the market size of the market are:
• History Year: 2016-2019
• Forecast Year: 2021 to 2026
The key players covered in this report are –
· Strategic Material (US)
· Berryman Glass Recycling (UK)
· Vetropack Holding (Switzerland)
· Vitro Minerals (US)
· Glass Recycled Surfaces (US)
· Dlubak Glass Company (US)
· Momentum Recycling (US)
· Harsco Minerals International (US)
· Coloured Aggregates (Canada)
· Consol Glass (Pty) Ltd (South Africa)
Market Highlights
The Recycled Glass market is projected to grow from USD 3.7 billion in 2020 to USD 5.0 billion by 2026 at a CAGR of over 5.2% during the forecast period. 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. Moreover, favorable government initiatives and increasing awareness campaigns for cleanliness further bolster the market growth. In addition, technological advancements encouraging the usage of recycled glass in automotive and construction will offer future growth opportunities to the market players.
Segment-wise analysis
Based on product, the global recycled glass market has been classified into cullet, crushed glass, and glass powder. Under these, the cullet segment held the largest market share in 2020 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 requirement, and further extends the life of the furnace to a minimum of 30%, thereby bolstering the segment growth.
By region, the European market held a significant market share in 2020 and is projected to grow at a healthy CAGR in the coming years. 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.
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The main steps in the investigation process are:
- Stratview Research has gathered the raw data from industry experts and direct research analysts using primary and secondary sources.
- The experts also classify the information obtained by qualitative and quantitative data to place it in a proper way to make final conclusions.
- This report also provides market intelligence and throws light on critical insights into the market dynamics.
The information gathered in the report enables strategic decision making for the existing players as well as those willing to enter the market. The report contains growth drivers and constraints, market trend and forecast analysis, market segment trend, competitive landscape and dynamics, attractive market segments and associated growth opportunities, etc.
About Stratview Research
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In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].
The Recycled Glass Market research report provides the latest industry data, growth, key segments and future trends on the basis of the detailed study.
This market report also allows you to identify the future opportunity and growth rate of the leading segment based on regions and countries.The report also covers detailed competitive landscape including company profiles of key players operating in the global market.
The key players in the recycled glass market includes Berryman Glass Recycling, Black Beauty Abrasives, Coloured Aggregates Inc., Dlubak Glass Company, G.R.L.
Glass recycling NV, Gallo Glass company, Glass Recycled Surfaces LLC, Harsco Minerals International, Momentum Recycling, LLC, Ngwenya glass, Strategic Material Inc., Trivitro, Vetropack Holding Ltd. and Vitro Minerals, Inc. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.Get more information on "Global Recycled Glass Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/recycled-glass-market/download-sampleMarket DynamicsRising demand of glass products from food and beverage, pharmaceutical sector is driving the market growth.
Stringent governmental norms on emission of greenhouse gases during production of gases has risen the demand for recycled glass.
Rapid industrialization leads to generation of high amount of glass waste is boosting the market growth.
Recycled Glass is the discarded material which came into picture after the rising concern about product disposal.
The product is generally mixed with glass manufacturing furnace with virgin raw materials, such as limestone, sand, soda ash to produce new glass products.Recycled Glass mainly has two destinations: recycling into glass containers and recycling into other products.When glass is used for new container manufacturing, it is virtually infinitely recyclable.
That which is not recycled, but crushed, reduces the volume of waste sent to landfills.
Another common use would be as fill to bring the level of a concrete floor even with a foundation.
Report Sample includes:- Table of Contents- List of Tables & Figures- Charts- Research MethodologyGet FREE Sample of this Report at https://www.24marketreports.com/report-sample/global-recycled-glass-2025-291Global Recycled Glass market size will increase to 4310 Million US$ by 2025, from 2400 Million US$ in 2018, at a CAGR of 7.6% during the forecast period.
In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Recycled Glass.
The Global Recycled Glass Market Report is a comprehensive and in-depth study on the size, share, growth,trends, demand and estimation with a focus on the latest development.
The report provides key statistics on the market status with highlights on various important strategic such as mergers, acquisitions, partnership and other development.The broad recycled glass market has been sub-grouped into sources, product, and application.
The report studies these subsets with respect to the geographical segmentation.
The strategists can gain a detailed insight and devise appropriate strategies to target specific market.
This detail will lead to a focused approach leading to identification of better opportunities.Request a FREE Sample Copy of Global Recycled Glass Market Report with Full TOC At: https://www.valuemarketresearch.com/contact/recycled-glass-market/download-sampleBy SourcesDeposit ProgramDrop Off ProgramCurbside ProgramBy ProductCulletCrushed GlassGlass PowderBy ApplicationGlass Bottles & ContainersFlat GlassFiber GlassHighway BeadsAbrasivesFillersOthersThe report also covers detailed competitive landscape including company profiles of key players operating in the global market.
The key players in the recycled glass market includes Berryman Glass Recycling, Black Beauty Abrasives, Coloured Aggregates Inc., Dlubak Glass Company, G.R.L.
