According to IMARC Group latest report titled “Recycled Glass Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on recycled glass market overview. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

The global recycled glass market size reached US$ 4.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.2 Billion by 2028, exhibiting a growth rate (CAGR) of 5.4% during 2023-2028.

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Recycled glass refers to the process of reprocessing used glass into new products, playing a significant role in environmental sustainability and waste reduction. Glass is a unique material in the recycling world due to its ability to be recycled indefinitely without loss of quality or purity. The recycling process typically involves collecting and sorting glass by color, cleaning to remove impurities, and then crushing it into small pieces known as cullet. The cullet is then melted and formed into new glass products. The major advantages of using recycled glass is the conservation of raw materials, such as sand, soda ash, and limestone, which are required in traditional glass production. This conservation is beneficial for the environment and economically advantageous. Moreover, the process of melting recycled glass consumes significantly less energy compared to producing new glass from raw materials.

Market Trends:

The global market is primarily driven by the growing global awareness about environmental sustainability. As societies become more conscious of the impact of waste on the environment, there is a rising demand for recycled materials, including glass. Recycling glass significantly reduces the environmental footprint, as it lessens the demand for raw materials, saves energy, and reduces greenhouse gas emissions. Moreover, government initiatives and regulations promoting recycling and waste management are also fueling the growth of the recycled glass market. Many countries have implemented policies and programs to encourage glass recycling, which include setting up recycling infrastructure and offering incentives for recycling activities. These initiatives are crucial in increasing the collection and processing of waste glass, making it available for reuse in various applications.  

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Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players operating in the market.

• Ardagh Group S.A.
• Coloured Aggregates Inc.
• Dlubak Glass Company
• Gallo Glass Company
• Glass Recycled Surfaces
• Harsco Corporation
• Momentum Recycling LLC
• Glass Inc.
• Reiling GmbH & Co. KG
• Strategic Materials Inc
• United Resource Management
• Verallia
• Vetropack Holding Ltd.

Key Market Segmentation:

Our report has categorized the market based on region, product, source and application.

Breakup by Product:

• Cullet
• Crushed Glass
• Glass Powder

Breakup by Source:

• Deposit Program
• Buy Back/Drop Off Centers
• Curbside Pickups

Breakup by Application:

• Bottle and Containers
• Flat Glass
• Fiber Glass
• Highway Beads
• Others 

Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, South Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

Key Highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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