Recycled Glass Market is anticipated to grow at a CAGR of 6.8% over the forecast period. The key factors that drive the growth of the market include the increased trends of recycling across the globe. The industrialization has led to waste generation and large landfills of waste, which in turn, enhanced the demand for recycling of the products.
Various government initiatives and programs promoting the elimination of waste generation and increase the use of recycled materials; along with the awareness programs for cleanliness have also boosted the overall recycling of the products, thus, augmenting the recycled glass industry over the forecast period.
Besides, the use of recycled glass in a wide range of applications including abrasives, bottle & container, fiber glass, highway bead, and others also promotes market growth. Particularly, in the building & construction industry, recycled glass finds a huge application, as it is used as an aggregate together with gravel and sand products for the manufacturing of concrete. It is also used with asphalt generating glassphalt, which finds its application in the construction of the road.
Apart from these, recycled glass is used in many more applications in commercial and residential buildings. Hence, with such a broad portfolio of applications, the recycled glass market is likely to witness growth across the globe over the forecast period.
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Market Coverage
Market number available for – 2023-2030
Base year- 2023
Forecast period- 2024-2031
Segment Covered- By Type, By Application
Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
Competitive Landscape- Strategic Materials Inc., ACE Glass Recycling, Balcones Resources Inc., Gallo Glass Co., Dlubak Glass Co., Harsco Corp., Trivitro Corp., and Verallia
Recycled Glass Market – Segmentation
By Type
Glass Cullet
Glass Fines & Powder
By Application
Abrasives
Bottle & Container
Fiber Glass
Highway Bead
Others
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Recycled Glass Market – Segmentation by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East & Africa
Company Profiles
2M Ressources Inc.
ACE Glass Recycling
Balcones Resources, Inc.
Berryman Glass Recycling,
CAP Glass
Consol Glass (Pty) Ltd.
Dlubak Glass Co.
Gallo Glass Co.
Glass Recycled Surfaces
Harsco Corp.
Momentum Recycling, LLC
Reiling Glass Recycling GmbH & Co. KG
Strategic Materials, Inc.
SWARCO Group
Trivitro Corp.
Verallia
VetropackGroup
Vitro Minerals Inc.
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