The global recycled glass market was valued at $3,529.2 million in 2017 and is projected to reach $5,544.9 million by 2025, growing at a CAGR of 5.7% from 2020 to 2025. Recycled Glass are glass obtained after processing of waste glass into usable products. Glass is 100% recyclable and is recycled from readily available domestic materials such as sand, limestone, soda ash, and cullet. . Out of all the materials, sand is used in greater volume. . Sand, limestone, soda ash and cullet are all mixed, batched, and heated to a temperature of 2600-2800 degrees Fahrenheit and molded into the desired shape in the process of glass recycling. Cullet is used increasingly as it can be substituted for up to 95% of raw materials.
Swift industrialization has resulted in large landfills of waste, which have boosted the demand for recycled products. This is one of the major factors driving the growth of the recycled glass market. Additionally, several government initiatives and awareness campaign for cleanliness are also expected to fuel the growth of the global recycled glass market. The Sustainable Singapore Blueprint is one of the initiatives taken by the Singapore Government to reach its zero-waste goal. On the contrary, complex manufacturing process and contamination by unwanted materials present in product waste stream are expected to hamper the growth of the global recycled glass market.
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The global recycled glass market is segmented based on product and application. Based on product, the market is segmented into cullet, crushed glass, and glass powder. On the basis of application, it is segmented into bottle & containers, flat glass, fiber glass, highway beads, and others. Geographically, the market is segmented into North America, Europe, Asia-Pacific, and LAMEA.
Key players operating in the global recycled glass market are Strategic Materials, Momentum Recycling, Reiling Glass Recycling GmbH & Co. KG, Glass Recycled Surfaces, Coloured Aggregates Inc., Harsco Corporation, Vetropack Holding Ltd., Ngwenya Glass, Gallo Glass Company, and G.R.L, Glasrecyclin.
KEY BENEFITS FOR STAKEHOLDERS
• Porter’s five forces analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
• It outlines the current trends and future scenario of the recycled glass market size from 2020 to 2025 to understand the prevailing opportunities and potential investment pockets.
• Major countries in the region have been mapped according to their individual revenue contribution to the regional market.
• The key drivers, restraints, and recycled glass market opportunities and their detailed impact analysis are elucidated in the study.
• The profiles of key players along with their key strategic developments are enlisted in the report.
KEY MARKET SEGMENTS
• By Product
• By Application
Bottle & Containers
• By Region
Rest of Europe
Rest of Asia-Pacific
Rest of LAMEA
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Table of Content:
CHAPTER 1 INTRODUCTION
CHAPTER 2 EXECUTIVE SUMMARY
CHAPTER 3 MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies
18.104.22.168. Top winning strategies, by year 2014-2017
22.214.171.124. Top winning strategies, by development 2014-2017
126.96.36.199. Top winning strategies, by company 2014-2017
3.3. PORTER’S FIVE FORCES ANALYSIS
3.4. KEY PLAYER POSITIONING, 2016
3.5. MARKET DYNAMICS
188.8.131.52. Rising need to track and manage income
184.108.40.206. Increasing dependency on internet
220.127.116.11. Increasing use of mobile applications
18.104.22.168. Availability of open-source solutions
22.214.171.124. Increased adoption of Recycled Glass among developing economies
CHAPTER 4: RECYCLED GLASS MARKET, BY PRODUCT TYPE
CHAPTER 5: RECYCLED GLASS MARKET, BY END USER
CHAPTER 6: RECYCLED GLASS MARKET BY GEOGRAPHY
CHAPTER 7: COMPANY PROFILES
CHAPTER 8: COMPANY PROFILES
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