What is Recycled Glass Market?
Glass recycling is the processing of waste glass into usable products. Recycled glass is used for various things such as to make new containers, highway marking beads, etc and glass crushed used as aggregate for road bases. Also increasing demand from industry to control the air pollution and recycling process takes less manufacturing cost than the new product development cost. Furthermore, to save the natural resources government taking initiative for the recycling of the glass.
The market study is being classified by Type (Cullet, Crushed Glass and Glass Powder), by Application (Glass Bottle and Containers, Flat Glass, Fiber Glass, Highway Beads, Abrasives, Fillers and Others) and major geographies with country level break-up.
Strategic Material Inc. (United States), Reiling Glass Recycling GmbH & Co.KG (Germany), Berryman Glass Recycling (United Kingdom), Vetropack Holding Ltd.(Switzerland), Vitro Minerals, Inc.(United States), Glass Recycled Surfaces LLC (United States), Dlubak Glass Company. (United States), Momentum Recycling, LLC (United States), Harsco Minerals International.(United States) and Coloured Aggregates Inc. (Canada) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Ngwenya glass (Switzerland), Coloured Aggregates Inc. (Canada) and Trivitro (United States).
Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Recycled Glass market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Recycled Glass market by Type, Application and Region.
On the basis of geography, the market of Recycled Glass has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Glass is 100% Recyclable and Without Loss in Quality or Purity
- Government Support for Recycling Process
Market Trend
- Recycled Glass is Used as Aggregate for Road Bases
Restraints
- Complicated Recycling Process
- High Cost of Recycling
Opportunities
- Increasing Demand Due to Less Industrial Pollution Involved in Recycling Process
- To Save the Natural Resources Rising Acceptance of Glass Recycling Process
Challenges
- Some Glasses are not Recycled which Contaminate the Entire Recycling Process
- Lack of Recycling Facilities in Local Area
Market Leaders and some development strategies
California Integrated Waste Management Act (AB 939). Among others, the law included a provision that cities and counties (local jurisdictions) divert 25 percent of all solid waste from landfills or transformation facilities by 1995 through source reduction, recycling, and composting activities and 50 percent by the year 2000 through source reduction, recycling, and composting activities. Local jurisdictions currently implement more than 16,000 diversion programs to comply with the law.
Key Target Audience
Glass Manufacturer, Raw Material Suppliers, Government Bodies and Recycling Industry