Ø Data Bridge Market Research analyses that the recycled glass market will witness a CAGR of 6.40% for the forecast period of 2021-2028. Rising environmental concerns coupled with concerns regarding aesthetic appeal of glass, rising amounts of glass waste and increasing focus on sustainable industrial manufacturing processes are the major factors attributable to the growth of the recycled glass market. This signifies that the global recycled glass market value would stand tall by USD 6.03 million by the year 2028.
Ø Market Study and Scope
Ø Glass is one material that can be recycled limitlessly without having to worry about the quality or purity content. Glass is recycled by crushing and melting processes and eventually is turned into different forms or shapes. Recycled glass substitutes 95% of the raw materials used in manufacturing the glass which means the recycled glass promotes conservation of raw materials like silica, soda ash and limestone. In other words, recycled glass results in reduction in mining and associated transportation expenses.
Ø Increased focus of the government, manufacturers and general population on waste management coupled with achieving sustainable development is the root cause fuelling up the recycled glass market growth rate. Advantageous properties offered by recycled glass are another factor responsible for propelling growth in the recycled glass market value.
Ø Global Recycled Glass Market Opportunity and Market Proportions
Ø The recycled glass market is segmented on the basis of source, product and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
Ø On the basis of source, the recycled glass market is segmented into deposit, buy back/drop off and curb-side.
Ø On the basis of product, the recycled glass market is segmented into cullet, crushed glass and glass powder. Cullet segment is further sub-segmented into clear cullet, amber cullet and green cullet.
Ø On the basis of application, the recycled glass market is segmented into glass bottles and containers, flat glass, fiberglass, highway beads, abrasives, fillers and others.
Ø Competitive Landscape and Recycled Glass Market Portion Study
Ø The recycled glass market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to recycled glass market.
o Some of the major companies operating in the Recycled Glass Market are
o Strategic Materials, Inc.,
o URM
o Vetropack,
o Ardagh Group S.A.,
o O-I Glass, Inc.,
o Ngwenya Glass.
o BALCONES RESOURCES,
o Reiling GmbH & Co. KG,
o Heritage Glass Inc.,
o GLASS RECYCLED SURFACES,
o Enva,
o RETHMANN SE & CO. KG,
o Harasco Corporation.,
o Coloured Aggregates Inc.,
o Pace Glass Co.,
o Verallia,
o Momentum Recycling, LLC,
o Dlubak Glass Company,
o Gallo Glass Company
Ø Access full report- https://www.databridgemarketresearch.com/reports/global-recycled-glass-market
Ø MAJOR TOC OF THE REPORT
Ø Chapter One: Introduction
Ø Chapter Two: Market Segmentation
Ø Chapter Three: Market Overview
Ø Chapter Four: Executive Summary
Ø Chapter Five: Premium Insights
Ø Chapter Six: Global Recycled Glass Market by Product & Procedure type
o Get TOC of the report- https://www.databridgemarketresearch.com/toc/?dbmr=global-recycled-glass-market
o Browse related reports
o Asia-Pacific Recycled Plastic Market
o Global Recycled Plastic Market
o Europe Recycled Plastic Market
o North America Recycled Plastic Market
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