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The market size for recycled glass was estimated at USD 4.28 billion in 2022 and is anticipated to increase from USD 4.56 billion in 2023 to USD 7.39 billion by 2030, expanding at a CAGR of 9.4% during the forecast period (2023-2030).
The global market for recycled glass is expanding as a result of the hasty industrial development that produces garbage dumps. The market for recycled glass is expanding as a result of ecological advancement, rising management initiatives, and awareness-raising campaigns. Global warming is another issue brought on by the growing amount of glass waste, which is typically burned and used to fill landfills. Therefore, one of the factors driving the expansion of the recycled glass industry is the rise in administrative activities to promote the use of recycled glass for effective waste management. Waste and broken glass are recycled to create recycled glass, which is then processed further to create new goods. Because of its remarkable qualities, glass may be recycled as many times as possible by being crushed, melted, and combined with sand before being turned into a completely new product. Reusing used or broken glass helps to reduce waste globally, and throughout the projected period, demand for glass goods that are environmentally friendly and do not harm the environment in any manner will expand.
Glass bottles are collected as part of the mandated drinking container deposit programs that exist in several states. Residents who participate in the beverage deposit scheme pay a deposit for glass bottles and other containers, return them to a collection facility for refurbishing, and receive their money back. The average glass container recycling rate, according to the Container Recycling Institute, is 63%. Different laws and deposit minimums have been set up. A law was approved in the state of Oregon requiring consumers to pay a deposit of five cents per container for carbonated beverages, which was increased to 10 cents in April 2017, which would be repaid to anyone who returned the container for recycling. Due to the increase in demand and the price of raw materials, China is already introducing industrial scale recycling. The quality of glass collected for recycling and the proportion of containers going through bottle-to-bottle recycling tend to be improved by all these rules and deposit levels.
To control garbage, a number of nations have begun using waste glass deposit programs. In England, the government's deposit-return program covers all drink containers, whether they are made of plastic, glass, or metal. The program's goal is to lessen the amount of trash that pollutes land and water by periodically paying consumers who return their bottles and cans a small financial reward. Similar programs are in place in 38 nations, and advocates are thought to have pushed for their implementation in England for a decade.
Glass is completely recyclable and can be recycled numerous times without losing any of its quality or purity. By crushing and melting it, it may be recycled and then molded into new items like bottles and jars. It is also frequently used for alternative tasks like making bricks or for ornamental purposes. As a result of its amazing advantages, glass recycling is becoming more and more popular throughout the entire planet. Glass may frequently be fully recycled multiple times without losing any of its quality or purity. Silica, soda ash, limestone, cullet, and other raw ingredients are needed for the production of glass. Cullet is recycled glass that has been fired up and is used to make glass.
About 95% of the raw materials used in the production of glass can be replaced by recycled glass. It makes a considerable contribution to the preservation of limestone, silica, and soda ash. Mining is used to remove these raw materials from the crust of the Earth. Utilizing products can assist in lowering the cost of mining and related transportation. It aids in reducing the quantities of carbon dioxide, sulfur dioxide, and nitrogen oxide emissions during the production of glass. Utilizing recycled glass during production can lower energy expenditures as well as furnace maintenance and repair expenses for glass makers.
One of the main factors driving the growth of the recycled glass market is government initiatives to boost the usage of reprocessed goods to decrease waste and the impact of climate change. If the impurities are contained appropriately, glass can play a significant part in the recycling industry because the products manufactured from it are just as good as new ones. Glass that has been recycled from a variety of sources, including soda bottles and other containers, is excellent for recycling and for use as a container for goods. This enables businesses to cut costs by recycling recycled vassals instead of purchasing new vessels. Over the course of the analysis period, all of these will raise the market demand for recycled glass.
It can be challenging to process contamination and the recycling process at times. The main hindrances to the expansion of the recycled glass industry over the analysis period are anticipated to be a lack of end markets, contamination, and shipping costs—in part because recycled glass weighs around 10 times as much as an equivalent volume of plastic or metal.
Report Coverage
Global Recycled Glass research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Recycled Glass report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Recycled Glass competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Recycled Glass market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Recycled Glass market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Recycled Glass market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Coloured Aggregates Inc., Gallo Glass company, Glass Recycled Surfaces, Reiling Glass Recycling GmbH & Co. KG, Harsco Corporation, Momentum Recycling, Verallia, Vetropack Holding Ltd., Owens-Illinois, Strategic Materials, Ardagh Group S.A., Vidroporto S.A., Vitro S.A.B. de C.V., Compagnie de Saint-Gobain S.A., Recresco Ltd., Pace Glass Inc., Richfield Industries, Kimble Chase Life Science and Research Products LLC, Triveni Glass Ltd., BMT CO. LTD., Gerresheimer AG, Stölzle Glass Group.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Recycled Glass market based on the below-mentioned segments:
Global Recycled Glass Market, By Type
Cullet
Crushed Glass
Glass Powder
Global Recycled Glass market, By Application
Bottle & Containers
Flat Glass
Fiber Glass
Highway Beads
Others
Global Recycled Glass market, Regional Analysis
The global market for recycled glass is expanding as a result of the hasty industrial development that produces garbage dumps. The market for recycled glass is expanding as a result of ecological advancement, rising management initiatives, and awareness-raising campaigns. Global warming is another issue brought on by the growing amount of glass waste, which is typically burned and used to fill landfills. Therefore, one of the factors driving the expansion of the recycled glass industry is the rise in administrative activities to promote the use of recycled glass for effective waste management. Waste and broken glass are recycled to create recycled glass, which is then processed further to create new goods. Because of its remarkable qualities, glass may be recycled as many times as possible by being crushed, melted, and combined with sand before being turned into a completely new product. Reusing used or broken glass helps to reduce waste globally, and throughout the projected period, demand for glass goods that are environmentally friendly and do not harm the environment in any manner will expand.
Glass bottles are collected as part of the mandated drinking container deposit programs that exist in several states. Residents who participate in the beverage deposit scheme pay a deposit for glass bottles and other containers, return them to a collection facility for refurbishing, and receive their money back. The average glass container recycling rate, according to the Container Recycling Institute, is 63%. Different laws and deposit minimums have been set up. A law was approved in the state of Oregon requiring consumers to pay a deposit of five cents per container for carbonated beverages, which was increased to 10 cents in April 2017, which would be repaid to anyone who returned the container for recycling. Due to the increase in demand and the price of raw materials, China is already introducing industrial scale recycling. The quality of glass collected for recycling and the proportion of containers going through bottle-to-bottle recycling tend to be improved by all these rules and deposit levels.
To control garbage, a number of nations have begun using waste glass deposit programs. In England, the government's deposit-return program covers all drink containers, whether they are made of plastic, glass, or metal. The program's goal is to lessen the amount of trash that pollutes land and water by periodically paying consumers who return their bottles and cans a small financial reward. Similar programs are in place in 38 nations, and advocates are thought to have pushed for their implementation in England for a decade.
Glass is completely recyclable and can be recycled numerous times without losing any of its quality or purity. By crushing and melting it, it may be recycled and then molded into new items like bottles and jars. It is also frequently used for alternative tasks like making bricks or for ornamental purposes. As a result of its amazing advantages, glass recycling is becoming more and more popular throughout the entire planet. Glass may frequently be fully recycled multiple times without losing any of its quality or purity. Silica, soda ash, limestone, cullet, and other raw ingredients are needed for the production of glass. Cullet is recycled glass that has been fired up and is used to make glass.
About 95% of the raw materials used in the production of glass can be replaced by recycled glass. It makes a considerable contribution to the preservation of limestone, silica, and soda ash. Mining is used to remove these raw materials from the crust of the Earth. Utilizing products can assist in lowering the cost of mining and related transportation. It aids in reducing the quantities of carbon dioxide, sulfur dioxide, and nitrogen oxide emissions during the production of glass. Utilizing recycled glass during production can lower energy expenditures as well as furnace maintenance and repair expenses for glass makers.
One of the main factors driving the growth of the recycled glass market is government initiatives to boost the usage of reprocessed goods to decrease waste and the impact of climate change. If the impurities are contained appropriately, glass can play a significant part in the recycling industry because the products manufactured from it are just as good as new ones. Glass that has been recycled from a variety of sources, including soda bottles and other containers, is excellent for recycling and for use as a container for goods. This enables businesses to cut costs by recycling recycled vassals instead of purchasing new vessels. Over the course of the analysis period, all of these will raise the market demand for recycled glass.
It can be challenging to process contamination and the recycling process at times. The main hindrances to the expansion of the recycled glass industry over the analysis period are anticipated to be a lack of end markets, contamination, and shipping costs—in part because recycled glass weighs around 10 times as much as an equivalent volume of plastic or metal.
Report Coverage
Global Recycled Glass research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Recycled Glass report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Recycled Glass competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Recycled Glass market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Coloured Aggregates Inc., Gallo Glass company, Glass Recycled Surfaces, Reiling Glass Recycling GmbH & Co. KG, Harsco Corporation, Momentum Recycling, Verallia, Vetropack Holding Ltd., Owens-Illinois, Strategic Materials, Ardagh Group S.A., Vidroporto S.A., Vitro S.A.B. de C.V., Compagnie de Saint-Gobain S.A., Recresco Ltd., Pace Glass Inc., Richfield Industries, Kimble Chase Life Science and Research Products LLC, Triveni Glass Ltd., BMT CO. LTD., Gerresheimer AG, Stölzle Glass Group. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Recycled Glass Market from 2021 to 2030.
- Market Forecast for Recycled Glass Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Recycled Glass competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Recycled Glass
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Recycled Glass market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Recycled Glass market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Coloured Aggregates Inc., Gallo Glass company, Glass Recycled Surfaces, Reiling Glass Recycling GmbH & Co. KG, Harsco Corporation, Momentum Recycling, Verallia, Vetropack Holding Ltd., Owens-Illinois, Strategic Materials, Ardagh Group S.A., Vidroporto S.A., Vitro S.A.B. de C.V., Compagnie de Saint-Gobain S.A., Recresco Ltd., Pace Glass Inc., Richfield Industries, Kimble Chase Life Science and Research Products LLC, Triveni Glass Ltd., BMT CO. LTD., Gerresheimer AG, Stölzle Glass Group.
Primary Target Market
- Market Players of Recycled Glass
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Recycled Glass market based on the below-mentioned segments:
Global Recycled Glass Market, By Type
Cullet
Crushed Glass
Glass Powder
Global Recycled Glass market, By Application
Bottle & Containers
Flat Glass
Fiber Glass
Highway Beads
Others
Global Recycled Glass market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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