Glass Recycling Market to expand at a CAGR of 7% by 2024 Globally

Glass Recycling Market Research Overview:

Glass Recycling is the processing of waste glass into usable products. Glass waste should be separated by chemical composition, and then, depending on the end use and local processing capabilities, might also have to be separated into different colors. When the glass is used for new container manufacturing, it is virtually infinitely recyclable. The processing and use of recycled glass in manufacturing conserve raw materials and reduces energy consumption. That which is not recycled, but crushed, reduces the volume of waste sent to landfills.

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The scope of the Report:

Glass Recycling can be classified into two types: Container Glass and Construction Glass. Survey results showed that Container Glass of the Glass Recycling market is 35.24%, 60.8% is Construction Glass in 2017. With the development of the economy, these industries will need more Recycled Glass. So, Recycled Glass has a huge market potential in the future.

The global Glass Recycling market is valued at 2610 million USD in 2018 and is expected to reach 3670 million USD by the end of 2024, growing at a CAGR of 7.0% between 2019 and 2024.

The Asia-Pacific will occupy more market share in the following years, especially in China, also fast-growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from the United States might affect the development trend of Glass Recycling.

Europe also plays important roles in the global market, with a market size of $$ million USD in 2019 and will be $$ million USD in 2024, with a CAGR of –%.

This report studies the Glass Recycling market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in the global market and splits the Glass Recycling market by product type and applications/end industries.

Market Segment by Companies, this report covers

Strategic Materials
Ardagh
Momentum Recycling
Heritage Glass
Shanghai Yanlongji
The Glass Recycling Company
Spring Pool
Pace Glass
Vitro Minerals
Marco Abrasives
Rumpke
Binder+Co
Owens Corning
Trim
Vetropack Holding
Sesotec

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Market segment by regions, regional analysis covers

North America United States, Canada, and Mexico
Europe Germany, France, UK, Russia, and Italy
Asia-Pacific China, Japan, Korea, India, and Southeast Asia
South America Brazil, Argentina, Colombia
The Middle East and Africa Saudi Arabia, UAE, Egypt, Nigeria, and South Africa

Market segment by type, covers

Container Glass
Construction Glass
Other

Market segment by applications can be divided into

Alcohol
Food and Beverages
Construction
Others

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