Glass Recycling Market Overview
Glass Recycling market is estimated to grow at a significant CAGR over the forecasted period (2022-28), considering 2021 as base year.
Glass Recycling is basically formed using materials such as soda ash, limestone, and silica. These products are typically obtained as a result of mining operations that have a negative effect on the climate and ecosystem. Glass manufacture also results in the release of toxic gases such as nitrogen oxide, carbon dioxide, and sulfur. Furthermore, the glass recycling process has several economic advantages, including lower raw material costs, longer furnace life, and other environmental advantages. During the forecast period, such economic benefits would significantly drive the growth of the glass recycling market size.
Glass Recycling cullet is increasingly being used in the glass production process as a solution. The product will help increase the overall efficiency of the glass manufacturing process by acting as a replacement for the aforementioned materials. The use of the product may aid in the conservation of raw materials and the avoidance of mining costs. Furthermore, the use of Glass Recycling cullet has the potential to reduce harmful gas emissions while also lowering energy costs.
Nonetheless, the industry's growth could be slowed by the complicated manufacturing process involved in glass recycling. The presence of ferrous and non-ferrous metal pollutants in glass can cause clogging and jamming of injection ports, damage to the furnace, and corrosion of the furnace lining, among other problems. In addition, in order to manufacture high-quality glass, the amount of pollutants in the recycling process must be preserved. These problems may be mitigated with appropriate contaminant treatment procedures, resulting in a loss of consistency in the resulting glass items.
Glass Recycling Market Dynamics
The growing demand for green buildings would support the market and contribute significantly to its growth over the forecast period. Other relevant trends and market drivers that will influence Glass Recycling market growth over the forecast period are also analyzed in this research study. Other factors such as increased use of glass cullet in the North American glass container industry and the introduction of new methods to increase glass recycling rates would have a major effect on the growth of the glass recycling market value during the forecast period.
The growing demand for glass recycling, waste glass as an environmentally friendly secondary raw material, and low energy consumption for glass recycling are all major market drivers. The demand for viticulture products is growing, which is boosting the glass recycling market. Another factor driving Glass Recycling market's growth is growing demand for glass from industries such as pharmaceuticals, food and beverage, and others. The market is also growing due to the increasing demand for waste management and the government's strict pollution regulations. The report includes a comprehensive list of the factors that will drive and restrain the glass recycling market's growth.
Rapidly Increasing Demand For Green Buildings Boosts Market Growth
Green buildings are gaining a lot of traction around the world, and they're also being used in developed countries to help with environmental sustainability. Green buildings help to increase the building's overall asset value in terms of goodwill while reducing its environmental effects. Glass is increasingly being used by construction engineers and architects to create and design passive or low-energy structures, which qualify as green buildings. As a result, the increasing demand for green buildings would increase the demand for glass made from recycled glass cullet.
Market Segmentation
Regional Outlook of Glass Recycling Market
During the forecast era, Europe is projected to hold the largest share of the Glass Recycling market in terms of area. The pressures of legalization and regulation on the glass industry, as well as the quality of glass in this region are boosting the glass recycling market. According to the European Container Glass Federation (FEVE), Europe's total glass packaging recycling rate is 73 percent. As of 2019, nearly 12 million tons of glass container bottles and jars had been recycled in Europe's bottle-to-bottle loop. In Europe, the Waste Framework Directive (WFD) defines recycling targets, performs mandatory audits, prohibits the disposal of glass items in landfills, and provides technical guidance as appropriate.
Players Covered in Glass Recycling Market are :
- Strategic Materials
- Ardagh
- Momentum Recycling
- Heritage Glass
- Shanghai Yanlongji
- The Glass Recycling Company
- Spring Pool
- Pace Glass
- Vitro Minerals
- Marco Abrasives
- Rumpke
- Binder+Co
- Owens Corning
- Trim
- Vetropack Holding
- Sesotec and other major Players.
Global Glass Recycling Market |
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Base Year: |
2021 |
Forecast Period: |
2022-2028 |
Historical Data: |
2016 to 2020 |
Market Size in 2021: |
USD XX Mn. |
Forecast Period 2022-28 CAGR: |
XX% |
Market Size in 2028: |
USD XX Mn. |
Segments Covered: |
By Source |
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By Application |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Source
3.2 By Application
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Glass Recycling Market by Source
5.1 Glass Recycling Market Overview Snapshot and Growth Engine
5.2 Glass Recycling Market Overview
5.3 Container
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2028F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Container: Grographic Segmentation
5.4 Construction
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2016-2028F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Construction: Grographic Segmentation
5.5 Others
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size (2016-2028F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Others: Grographic Segmentation
Chapter 6: Glass Recycling Market by Application
6.1 Glass Recycling Market Overview Snapshot and Growth Engine
6.2 Glass Recycling Market Overview
6.3 Glass Bottle & Containers
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size (2016-2028F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Glass Bottle & Containers: Grographic Segmentation
6.4 Fiber Glass
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size (2016-2028F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Fiber Glass: Grographic Segmentation
6.5 Concrete Aggregate
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size (2016-2028F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Concrete Aggregate: Grographic Segmentation
6.6 Others
6.6.1 Introduction and Market Overview
6.6.2 Historic and Forecasted Market Size (2016-2028F)
6.6.3 Key Market Trends, Growth Factors and Opportunities
6.6.4 Others: Grographic Segmentation
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Positioning
7.1.2 Glass Recycling Sales and Market Share By Players
7.1.3 Industry BCG Matrix
7.1.4 Ansoff Matrix
7.1.5 Glass Recycling Industry Concentration Ratio (CR5 and HHI)
7.1.6 Top 5 Glass Recycling Players Market Share
7.1.7 Mergers and Acquisitions
7.1.8 Business Strategies By Top Players
7.2 STRATEGIC MATERIALS
7.2.1 Company Overview
7.2.2 Key Executives
7.2.3 Company Snapshot
7.2.4 Operating Business Segments
7.2.5 Product Portfolio
7.2.6 Business Performance
7.2.7 Key Strategic Moves and Recent Developments
7.2.8 SWOT Analysis
7.3 ARDAGH
7.4 MOMENTUM RECYCLING
7.5 HERITAGE GLASS
7.6 SHANGHAI YANLONGJI
7.7 THE GLASS RECYCLING COMPANY
7.8 SPRING POOL
7.9 PACE GLASS
7.10 VITRO MINERALS
7.11 MARCO ABRASIVES
7.12 RUMPKE
7.13 BINDER+CO
7.14 OWENS CORNING
7.15 TRIM
7.16 VETROPACK HOLDING
7.17 SESOTEC
7.18 OTHER MAJOR PLAYERS
Chapter 8: Global Glass Recycling Market Analysis, Insights and Forecast, 2016-2028
8.1 Market Overview
8.2 Historic and Forecasted Market Size By Source
8.2.1 Container
8.2.2 Construction
8.2.3 Others
8.3 Historic and Forecasted Market Size By Application
8.3.1 Glass Bottle & Containers
8.3.2 Fiber Glass
8.3.3 Concrete Aggregate
8.3.4 Others
Chapter 9: North America Glass Recycling Market Analysis, Insights and Forecast, 2016-2028
9.1 Key Market Trends, Growth Factors and Opportunities
9.2 Impact of Covid-19
9.3 Key Players
9.4 Key Market Trends, Growth Factors and Opportunities
9.4 Historic and Forecasted Market Size By Source
9.4.1 Container
9.4.2 Construction
9.4.3 Others
9.5 Historic and Forecasted Market Size By Application
9.5.1 Glass Bottle & Containers
9.5.2 Fiber Glass
9.5.3 Concrete Aggregate
9.5.4 Others
9.6 Historic and Forecast Market Size by Country
9.6.1 U.S.
9.6.2 Canada
9.6.3 Mexico
Chapter 10: Europe Glass Recycling Market Analysis, Insights and Forecast, 2016-2028
10.1 Key Market Trends, Growth Factors and Opportunities
10.2 Impact of Covid-19
10.3 Key Players
10.4 Key Market Trends, Growth Factors and Opportunities
10.4 Historic and Forecasted Market Size By Source
10.4.1 Container
10.4.2 Construction
10.4.3 Others
10.5 Historic and Forecasted Market Size By Application
10.5.1 Glass Bottle & Containers
10.5.2 Fiber Glass
10.5.3 Concrete Aggregate
10.5.4 Others
10.6 Historic and Forecast Market Size by Country
10.6.1 Germany
10.6.2 U.K.
10.6.3 France
10.6.4 Italy
10.6.5 Russia
10.6.6 Spain
10.6.7 Rest of Europe
Chapter 11: Asia-Pacific Glass Recycling Market Analysis, Insights and Forecast, 2016-2028
11.1 Key Market Trends, Growth Factors and Opportunities
11.2 Impact of Covid-19
11.3 Key Players
11.4 Key Market Trends, Growth Factors and Opportunities
11.4 Historic and Forecasted Market Size By Source
11.4.1 Container
11.4.2 Construction
11.4.3 Others
11.5 Historic and Forecasted Market Size By Application
11.5.1 Glass Bottle & Containers
11.5.2 Fiber Glass
11.5.3 Concrete Aggregate
11.5.4 Others
11.6 Historic and Forecast Market Size by Country
11.6.1 China
11.6.2 India
11.6.3 Japan
11.6.4 Singapore
11.6.5 Australia
11.6.6 New Zealand
11.6.7 Rest of APAC
Chapter 12: Middle East & Africa Glass Recycling Market Analysis, Insights and Forecast, 2016-2028
12.1 Key Market Trends, Growth Factors and Opportunities
12.2 Impact of Covid-19
12.3 Key Players
12.4 Key Market Trends, Growth Factors and Opportunities
12.4 Historic and Forecasted Market Size By Source
12.4.1 Container
12.4.2 Construction
12.4.3 Others
12.5 Historic and Forecasted Market Size By Application
12.5.1 Glass Bottle & Containers
12.5.2 Fiber Glass
12.5.3 Concrete Aggregate
12.5.4 Others
12.6 Historic and Forecast Market Size by Country
12.6.1 Turkey
12.6.2 Saudi Arabia
12.6.3 Iran
12.6.4 UAE
12.6.5 Africa
12.6.6 Rest of MEA
Chapter 13: South America Glass Recycling Market Analysis, Insights and Forecast, 2016-2028
13.1 Key Market Trends, Growth Factors and Opportunities
13.2 Impact of Covid-19
13.3 Key Players
13.4 Key Market Trends, Growth Factors and Opportunities
13.4 Historic and Forecasted Market Size By Source
13.4.1 Container
13.4.2 Construction
13.4.3 Others
13.5 Historic and Forecasted Market Size By Application
13.5.1 Glass Bottle & Containers
13.5.2 Fiber Glass
13.5.3 Concrete Aggregate
13.5.4 Others
13.6 Historic and Forecast Market Size by Country
13.6.1 Brazil
13.6.2 Argentina
13.6.3 Rest of SA
Chapter 14 Investment Analysis
Chapter 15 Analyst Viewpoint and Conclusion
Global Glass Recycling Market |
|||
Base Year: |
2021 |
Forecast Period: |
2022-2028 |
Historical Data: |
2016 to 2020 |
Market Size in 2021: |
USD XX Mn. |
Forecast Period 2022-28 CAGR: |
XX% |
Market Size in 2028: |
USD XX Mn. |
Segments Covered: |
By Source |
|
|
By Application |
|
||
By Region |
|
||
Key Market Drivers: |
|
||
Key Market Restraints: |
|
||
Key Opportunities: |
|
||
Companies Covered in the report: |
|
LIST OF TABLES
TABLE 001. EXECUTIVE SUMMARY
TABLE 002. GLASS RECYCLING MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. GLASS RECYCLING MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. GLASS RECYCLING MARKET COMPETITIVE RIVALRY
TABLE 005. GLASS RECYCLING MARKET THREAT OF NEW ENTRANTS
TABLE 006. GLASS RECYCLING MARKET THREAT OF SUBSTITUTES
TABLE 007. GLASS RECYCLING MARKET BY SOURCE
TABLE 008. CONTAINER MARKET OVERVIEW (2016-2028)
TABLE 009. CONSTRUCTION MARKET OVERVIEW (2016-2028)
TABLE 010. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 011. GLASS RECYCLING MARKET BY APPLICATION
TABLE 012. GLASS BOTTLE & CONTAINERS MARKET OVERVIEW (2016-2028)
TABLE 013. FIBER GLASS MARKET OVERVIEW (2016-2028)
TABLE 014. CONCRETE AGGREGATE MARKET OVERVIEW (2016-2028)
TABLE 015. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 016. NORTH AMERICA GLASS RECYCLING MARKET, BY SOURCE (2016-2028)
TABLE 017. NORTH AMERICA GLASS RECYCLING MARKET, BY APPLICATION (2016-2028)
TABLE 018. N GLASS RECYCLING MARKET, BY COUNTRY (2016-2028)
TABLE 019. EUROPE GLASS RECYCLING MARKET, BY SOURCE (2016-2028)
TABLE 020. EUROPE GLASS RECYCLING MARKET, BY APPLICATION (2016-2028)
TABLE 021. GLASS RECYCLING MARKET, BY COUNTRY (2016-2028)
TABLE 022. ASIA PACIFIC GLASS RECYCLING MARKET, BY SOURCE (2016-2028)
TABLE 023. ASIA PACIFIC GLASS RECYCLING MARKET, BY APPLICATION (2016-2028)
TABLE 024. GLASS RECYCLING MARKET, BY COUNTRY (2016-2028)
TABLE 025. MIDDLE EAST & AFRICA GLASS RECYCLING MARKET, BY SOURCE (2016-2028)
TABLE 026. MIDDLE EAST & AFRICA GLASS RECYCLING MARKET, BY APPLICATION (2016-2028)
TABLE 027. GLASS RECYCLING MARKET, BY COUNTRY (2016-2028)
TABLE 028. SOUTH AMERICA GLASS RECYCLING MARKET, BY SOURCE (2016-2028)
TABLE 029. SOUTH AMERICA GLASS RECYCLING MARKET, BY APPLICATION (2016-2028)
TABLE 030. GLASS RECYCLING MARKET, BY COUNTRY (2016-2028)
TABLE 031. STRATEGIC MATERIALS: SNAPSHOT
TABLE 032. STRATEGIC MATERIALS: BUSINESS PERFORMANCE
TABLE 033. STRATEGIC MATERIALS: PRODUCT PORTFOLIO
TABLE 034. STRATEGIC MATERIALS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 034. ARDAGH: SNAPSHOT
TABLE 035. ARDAGH: BUSINESS PERFORMANCE
TABLE 036. ARDAGH: PRODUCT PORTFOLIO
TABLE 037. ARDAGH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 037. MOMENTUM RECYCLING: SNAPSHOT
TABLE 038. MOMENTUM RECYCLING: BUSINESS PERFORMANCE
TABLE 039. MOMENTUM RECYCLING: PRODUCT PORTFOLIO
TABLE 040. MOMENTUM RECYCLING: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 040. HERITAGE GLASS: SNAPSHOT
TABLE 041. HERITAGE GLASS: BUSINESS PERFORMANCE
TABLE 042. HERITAGE GLASS: PRODUCT PORTFOLIO
TABLE 043. HERITAGE GLASS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 043. SHANGHAI YANLONGJI: SNAPSHOT
TABLE 044. SHANGHAI YANLONGJI: BUSINESS PERFORMANCE
TABLE 045. SHANGHAI YANLONGJI: PRODUCT PORTFOLIO
TABLE 046. SHANGHAI YANLONGJI: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 046. THE GLASS RECYCLING COMPANY: SNAPSHOT
TABLE 047. THE GLASS RECYCLING COMPANY: BUSINESS PERFORMANCE
TABLE 048. THE GLASS RECYCLING COMPANY: PRODUCT PORTFOLIO
TABLE 049. THE GLASS RECYCLING COMPANY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 049. SPRING POOL: SNAPSHOT
TABLE 050. SPRING POOL: BUSINESS PERFORMANCE
TABLE 051. SPRING POOL: PRODUCT PORTFOLIO
TABLE 052. SPRING POOL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 052. PACE GLASS: SNAPSHOT
TABLE 053. PACE GLASS: BUSINESS PERFORMANCE
TABLE 054. PACE GLASS: PRODUCT PORTFOLIO
TABLE 055. PACE GLASS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 055. VITRO MINERALS: SNAPSHOT
TABLE 056. VITRO MINERALS: BUSINESS PERFORMANCE
TABLE 057. VITRO MINERALS: PRODUCT PORTFOLIO
TABLE 058. VITRO MINERALS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 058. MARCO ABRASIVES: SNAPSHOT
TABLE 059. MARCO ABRASIVES: BUSINESS PERFORMANCE
TABLE 060. MARCO ABRASIVES: PRODUCT PORTFOLIO
TABLE 061. MARCO ABRASIVES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 061. RUMPKE: SNAPSHOT
TABLE 062. RUMPKE: BUSINESS PERFORMANCE
TABLE 063. RUMPKE: PRODUCT PORTFOLIO
TABLE 064. RUMPKE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 064. BINDER+CO: SNAPSHOT
TABLE 065. BINDER+CO: BUSINESS PERFORMANCE
TABLE 066. BINDER+CO: PRODUCT PORTFOLIO
TABLE 067. BINDER+CO: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 067. OWENS CORNING: SNAPSHOT
TABLE 068. OWENS CORNING: BUSINESS PERFORMANCE
TABLE 069. OWENS CORNING: PRODUCT PORTFOLIO
TABLE 070. OWENS CORNING: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 070. TRIM: SNAPSHOT
TABLE 071. TRIM: BUSINESS PERFORMANCE
TABLE 072. TRIM: PRODUCT PORTFOLIO
TABLE 073. TRIM: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 073. VETROPACK HOLDING: SNAPSHOT
TABLE 074. VETROPACK HOLDING: BUSINESS PERFORMANCE
TABLE 075. VETROPACK HOLDING: PRODUCT PORTFOLIO
TABLE 076. VETROPACK HOLDING: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 076. SESOTEC: SNAPSHOT
TABLE 077. SESOTEC: BUSINESS PERFORMANCE
TABLE 078. SESOTEC: PRODUCT PORTFOLIO
TABLE 079. SESOTEC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 079. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 080. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 081. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 082. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS
LIST OF FIGURES
FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. GLASS RECYCLING MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. GLASS RECYCLING MARKET OVERVIEW BY SOURCE
FIGURE 012. CONTAINER MARKET OVERVIEW (2016-2028)
FIGURE 013. CONSTRUCTION MARKET OVERVIEW (2016-2028)
FIGURE 014. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 015. GLASS RECYCLING MARKET OVERVIEW BY APPLICATION
FIGURE 016. GLASS BOTTLE & CONTAINERS MARKET OVERVIEW (2016-2028)
FIGURE 017. FIBER GLASS MARKET OVERVIEW (2016-2028)
FIGURE 018. CONCRETE AGGREGATE MARKET OVERVIEW (2016-2028)
FIGURE 019. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 020. NORTH AMERICA GLASS RECYCLING MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 021. EUROPE GLASS RECYCLING MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 022. ASIA PACIFIC GLASS RECYCLING MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 023. MIDDLE EAST & AFRICA GLASS RECYCLING MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 024. SOUTH AMERICA GLASS RECYCLING MARKET OVERVIEW BY COUNTRY (2016-2028)
Frequently Asked Questions :
The forecast period in the Glass Recycling Market research report is 2022-2028.
Ardagh, Momentum Recycling, Strategic Materials, Harsco Minerals International, The Glass Recycling Company, and Other Major Players.
The Glass Recycling Market is segmented into Source, Application, and Region. By Source, the market is categorized into Container, Construction, and Others. By Application, the market is categorized into Glass Bottle & Containers, Fiber Glass, Concrete Aggregate, and Others. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
Glass is created primarily with materials such as soda ash, limestone, and silica. These items are typically obtained as a result of mining operations that have a negative impact on the environment and climate. Toxic gases such as nitrogen oxide, carbon dioxide, and Sulphur are also released during glass manufacturing. Furthermore, the glass recycling process has a number of economic benefits, including lower raw material costs, longer furnace life, and other environmental benefits.
Glass Recycling market is estimated to grow at a significant CAGR over the forecasted period (2022-28), considering 2021 as base year.