Recycled Glass Market Size, Share Global Analysis Report, 2020–2026

Industry Insights

[162+ Pages Report] According to the report published by Facts Factors, the global recycled glass market size was worth around USD 4 million in 2019 and is predicted to grow to around USD 6 million by 2026 with a compound annual growth rate (CAGR) of roughly 6% between 2020 and 2026. The report analyzes the global recycled glass market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the recycled glass market.

This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the Recycled Glass industry. The report analyzes and declares the historical and current trends analysis of the Recycled Glass industry and subsequently recommends the projected trends anticipated to be observed in the Recycled Glass market during the upcoming years.

The Recycled Glass market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire Recycled Glass market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volume (Kilo Tons) and value (USD Million) from FY 2016 – 2026.

Key Insights from Primary Research

• As per the details shared by our primary respondents, the recycled glass market is set to grow at a CAGR of around 6%
• Through these details shared, it was established that the recycled glass market was valued at around USD 4 Million in 2019.
• The “Drop off/buy back centers” category, on the basis of source segmentation, is expected to be the leading revenue-generating category.
• On the basis of product segmentation, the “Glass cullet” is expected to share the maximum revenue.
• On the basis of application segmentation, the “fiberglass insulation” category is expected to have the maximum revenue share.

Key Recommendations from Analysts

• As per our analysts, the recycled glass industry is a growing industry owing to the rising awareness among the people related to the benefits of using recycled glass which costs less as compared with a new glass and also owing to its recycling properties.
• As the recycling process is considered to be complicated, the recycling units must come up with easy recycling techniques that would save time and energy and lead to more recycling of glass.
• Growing at a CAGR around 6%, the recycled glass market provides various opportunities for all of the involved investors across the entire value chain.
• As recycled glass can be used for multiple applications, it gives immense opportunities for the manufacturers in designing more innovative products in order to encourage the consumers in buying recycled glass products and recycle the waste glass products that they have.
• Our analysts have identified “Bottles and Containers” categories as the leading investment pockets for recycled glass market in terms of application segment owing to the rise in the food & beverage industry across the globe.

Market Attractiveness – By Application

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Recycled Glass industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the Recycled Glass industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the Recycled Glass market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Recycled Glass industry. The Recycled Glass market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the Recycled Glass sector. Key strategic developments in the Recycled Glass market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the Recycled Glass market are appropriately highlighted in the report.

Rising awareness among people about global warming and climate change is the key reason why the recycled glass industry is motivated with the growing amount of glass waste in landfill sites, which, in effect, adds to the production of greenhouse gasses and other environmental contaminants that are detrimental for all living things. Consumers across the globe are getting gradually aware of the benefits of using recycled products and are motivated towards using products that are eco friendly such as recycled glass. Recycled glass can be used for multiple applications such as abrasives, filtrations, insulations, bottles, piping, kitchen tiles.

The Recycled Glass market research report delivers an acute valuation and taxonomy of the Recycled Glass industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026.

Report Scope

The regional segmentation of the Recycled Glass industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the Recycled Glass industry is provided for the leading economies of the world.

The Recycled Glass market is segmented based on Source, Product, and Application. On the basis of Source segmentation, the market is classified into Deposit program Drop off/buyback centers and Curbside pickups. On the basis of product segmentation, the market is divided into Glass Cullet and Glass Fines. In terms of Application segmentation, the market is bifurcated into Bottles & Containers, Fiberglass Insulation, Abrasives, and Others.

Some of the essential players operating in the Recycled Glass market, but not restricted to include

•  Strategic Materials Inc
•  ACE Glass Recycling
•  Balcones Resources
•  Gallo Glass Company
•  Ripple Glass
•  Pace Glass Inc
•  Momentum Recycling LLC
•  2M Ressources Inc
•  CAP Glass
•  Bradish Glass Inc
•  Dlubak Glass Company.

The taxonomy of the Recycled Glass industry by its scope and segmentation is as follows:

By Source Segmentation Analysis (Customizable)

• Deposit program
• Drop off/buy back centers
• Curbside pickups

By Product Segmentation Analysis (Customizable)

• Glass Cullet
• Glass Fines

By Application Segmentation Analysis (Customizable)

• Bottles & Containers
• Fiberglass Insulation
• Abrasives
• Others

Regional Segmentation Analysis (Customizable)

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa