GLOBAL RECYCLED GLASS MARKET FORECAST 2020-2028

  • You are here:
  • Home
  • Reports
  • GLOBAL RECYCLED GLASS MARKET FORECAST 2020-2028

GLOBAL RECYCLED GLASS MARKET FORECAST 2020-2028

Inkwood Research estimates that the global recycled glass market will grow at an anticipated CAGR of 5.59% in terms of revenue during the forecast period, and is projected to reach a revenue of $ 6.67 billion by 2028. In terms of volume, the product is predicted to showcase a CAGR of 6.19%, and will reach 52.7 Billion Kg by 2028.  The base year considered for the market study is 2019, while the forecasted period is between 2020 and 2028.

GLOBAL RECYCLED GLASS MARKET FORECAST 2020-2028

Global Recycled Glass Market by Product (Cullet, Crushed Glass, Glass Powder) by Application (Bottle & Containers, Flat Glass, Fiber Glass, Highway Beads, Others) and by Geography.

Request free sample

Inkwood Research estimates that the global recycled glass market will grow at an anticipated CAGR of 5.59% in terms of revenue during the forecast period, and is projected to reach a revenue of $ 6.67 billion by 2028. In terms of volume, the product is predicted to showcase a CAGR of 6.19%, and will reach 52.7 Billion Kg by 2028.  The base year considered for the market study is 2019, while the forecasted period is between 2020 and 2028.

The global recycled glass market growth is propelled by:

  • Rise in awareness of sustainable development
  • Favorable government regulations
  • Advancements in recycling for glass

Sustainable development and environmental awareness have been contributing significantly toward the growth of the recycling market. Hence, it is expected to have a positive impact on the market. Glass is a recyclable material that offers ecological benefits, such as contributing to amending climate change and saving natural resources.  Lightweight reinforcement glass fibers are utilized to generate renewable energy through solar-thermal and photovoltaic applications and wind turbines. Due to all these advantageous properties, it becomes necessary to recycle glass. Therefore, the demand for recycled glass is increasing in several applications, including automotive, energy, and power. Furthermore, technological advancements in recycling methods are further fueling the market growth.

Bottles & Containers is the leading segment of revenue with a market share of 37.21% in the forecast period. Glass bottles and containers are often utilized to pack liquids such as soda, juice, beer, and wine, and are accepted in most curbside recycling programs. For instance, Massachusetts has developed a deposit law named Bottle Bill for carbonated drinks and beer bottles. This has resulted in a high recycling rate for the beverages and offers an added incentive to collect these containers, thereby driving the demand for recycled glass.

Moreover, the flat glass segment is anticipated to grow at a CAGR of around 6.48% in terms of revenue during the forecast period. Flat glass is formed by melting a mix of raw materials like limestone, soda ash, and sand.  Recycled flat glass is also added to the mix and re-melted to produce new glass.

However, the inefficiency and exorbitant costs levied on the recycling of glass are restraining the growth of the recycled glass market. Breakage of glass and cross-contamination leads to an increase in processing costs. Several communities are creating awareness to place glass bottles and jars in single-stream carts. However, some communities have discontinued glass collection in their recycling programs challenging the growth of the market.

Report scope of the global recycled glass market covers segmentation analysis of product and application.

Market by Product:

  • Glass Powder
  • Crushed Glass
  • Cullet

Market by Application:

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

On the basis of geography, the global recycled glass market has been segmented into four major regions:

  • North America: the United States and Canada
  • Europe: the United Kingdom, France, Germany, Italy, Russia, Belgium, Poland, and Rest of Europe
  • Asia Pacific: China, Japan, India, South Korea, Thailand, Indonesia, Vietnam, Australia & New Zealand, and Rest of Asia Pacific
  • Rest of World: Latin America, the Middle East & Africa

In terms of revenue, the European market region is estimated to be the fastest as well the largest market, holding a share of 40.69% in the year 2019. The region is projected to grow at a steady pace during the forecast period. The average glass recycling rate in Europe is steady at 74%. In order to produce new glass containers, over 11.6 million tons of glass bottles are collected, and then recycled into food-grade quality material. Countries like Sweden and Slovenia have separate collection systems to perform beyond 95%. The supportive government regulations and promotion of glass recycling at institutional, public, and professional levels are driving the growth of the recycled glass market.

The key players involved in the global recycled glass market:

  • Coloured Aggregates Inc
  • Gallo Glass Company
  • Momentum Recycling
  • Others

In October 2018, Momentum Recycling announced the addition of a new glass recycling drop-off location for residents of Cottonwood Heights.

Key trends of the global recycled glass market:

  • Europe dominated the global recycled glass market by garnering the largest market share of around 40.69 % in 2019.
  • The advances in recycling techniques methods are driving the overall market growth.
  • The cullet segment is projected to grow with a CAGR of 6.33% in terms of volume during the forecasted period.

  1. RESEARCH SCOPE & METHODOLOGY
    • STUDY OBJECTIVES
    • SCOPE OF STUDY
    • METHODOLOGY
    • ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    • MARKET SIZE & ESTIMATES
    • MARKET OVERVIEW
  3. MARKET DYNAMICS
    • MARKET DEFINITION
    •    KEY DRIVERS
      • RISE IN AWARENESS OF SUSTAINABLE DEVELOPMENT
      • FAVORABLE GOVERNMENT REGULATIONS
      • ADVANCEMENTS IN RECYCLING FOR GLASS
    •    KEY RESTRAINTS
      • INEFFICIENCY IN RECYCLING
      • EXTRAVAGANT COSTS LEVIED ON RECYCLING PROCESS
  1. KEY ANALYTICS
    • KEY INVESTMENT INSIGHTS
    •    PORTER’S FIVE FORCE ANALYSIS
      • BUYER POWER
      • SUPPLIER POWER
      • SUBSTITUTION
      • NEW ENTRANTS
      • INDUSTRY RIVALRY
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
  2. MARKET BY PRODUCT
    • CULLET
    • CRUSHED GLASS
    • GLASS POWDER
  3. MARKET BY APPLICATION
    • BOTTLE & CONTAINERS
    • FLAT GLASS
    • FIBER GLASS
    • HIGHWAY BEADS
    • OTHERS
  4. GEOGRAPHICAL ANALYSIS
    •    NORTH AMERICA
      • UNITED STATES
      • CANADA
    •    EUROPE
      • UNITED KINGDOM
      • GERMANY
      • FRANCE
      • ITALY
      • RUSSIA
      • BELGIUM
      • POLAND
      • REST OF EUROPE
    •    ASIA PACIFIC
      • CHINA
      • JAPAN
      • INDIA
      • SOUTH KOREA
      • INDONESIA
      • THAILAND
      • VIETNAM
      • AUSTRALIA & NEW ZEALAND
      • REST OF ASIA PACIFIC
    •    REST OF WORLD
      • LATIN AMERICA
      • MIDDLE EAST & AFRICA
  1. COMPANY PROFILES
    • COLOURED AGGREGATES INC
    • GALLO GLASS COMPANY
    • GLASS RECYCLED SURFACES
    • HARSCO CORPORATION
    • MOMENTUM RECYCLING
    • REILING GLASS RECYCLING GMBH & CO KG
    • STRATEGIC MATERIALS
    • VETROPACK HOLDING LTD
    • VERALLIA
    • OWENS ILLINOIS
    • PACE GLASS
    • NGWENYA GLASS

TABLE LIST

TABLE 1: MARKET SNAPSHOT – RECYCLED GLASS

TABLE 2: GLOBAL RECYCLED GLASS MARKET, BY PRODUCT, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 3: GLOBAL RECYCLED GLASS MARKET, BY PRODUCT, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 4: GLOBAL RECYCLED GLASS MARKET, BY PRODUCT, HISTORICAL YEARS, 2016-2019 (IN MILLION KG)

TABLE 5: GLOBAL RECYCLED GLASS MARKET, BY PRODUCT, FORECAST YEARS, 2020-2028 (IN MILLION KG)

TABLE 6: GLOBAL CULLET MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 7: GLOBAL CULLET MARKET, BY REGION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 8: GLOBAL CULLET MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN MILLION KG)

TABLE 9: GLOBAL CULLET MARKET, BY REGION, FORECAST YEARS, 2020-2028 (IN $ MILLION KG)

TABLE 10: GLOBAL CRUSHED GLASS MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 11: GLOBAL CRUSHED GLASS MARKET, BY REGION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 12: GLOBAL CRUSHED GLASS MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN MILLION KG)

TABLE 13: GLOBAL CRUSHED GLASS MARKET, BY REGION, FORECAST YEARS, 2020-2028 (IN MILLION KG)

TABLE 14: GLOBAL GLASS POWDER MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 15: GLOBAL GLASS POWDER MARKET, BY REGION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 16: GLOBAL GLASS POWDER MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN MILLION KG)

TABLE 17: GLOBAL GLASS POWDER MARKET, BY REGION, FORECAST YEARS, 2020-2028 (IN MILLION KG)

TABLE 18: GLOBAL RECYCLED GLASS MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 19: GLOBAL RECYCLED GLASS MARKET, BY APPLICATION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 20: GLOBAL RECYCLED GLASS MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2019 (IN MILLION KG)

TABLE 21: GLOBAL RECYCLED GLASS MARKET, BY APPLICATION, FORECAST YEARS, 2020-2028 (IN MILLION KG)

TABLE 22: GLOBAL BOTTLE & CONTAINERS MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 23: GLOBAL BOTTLE & CONTAINERS MARKET, BY REGION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 24: GLOBAL BOTTLE & CONTAINERS MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN MILLION KG)

TABLE 25: GLOBAL BOTTLE & CONTAINERS MARKET, BY REGION, FORECAST YEARS, 2020-2028 (IN MILLION KG)

TABLE 26: GLOBAL FLAT GLASS MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 27: GLOBAL FLAT GLASS MARKET, BY REGION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 28: GLOBAL FLAT GLASS MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN MILLION KG)

TABLE 29: GLOBAL FLAT GLASS MARKET, BY REGION, FORECAST YEARS, 2020-2028 (IN MILLION KG)

TABLE 30: GLOBAL FIBER GLASS MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 31: GLOBAL FIBER GLASS MARKET, BY REGION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 32: GLOBAL FIBER GLASS MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN MILLION KG)

TABLE 33: GLOBAL FIBER GLASS MARKET, BY REGION, FORECAST YEARS, 2020-2028 (IN MILLION KG)

TABLE 34: GLOBAL HIGHWAY BEADS MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 35: GLOBAL HIGHWAY BEADS MARKET, BY REGION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 36: GLOBAL HIGHWAY BEADS MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN MILLION KG)

TABLE 37: GLOBAL HIGHWAY BEADS MARKET, BY REGION, FORECAST YEARS, 2020-2028 (IN MILLION KG)

TABLE 38: GLOBAL OTHERS MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 39: GLOBAL OTHERS MARKET, BY REGION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 40: GLOBAL OTHERS MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN MILLION KG)

TABLE 41: GLOBAL OTHERS MARKET, BY REGION, FORECAST YEARS, 2020-2028 (IN MILLION KG)

TABLE 42: GLOBAL RECYCLED GLASS MARKET, BY GEOGRAPHY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 43: GLOBAL RECYCLED GLASS MARKET, BY GEOGRAPHY, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 44: GLOBAL RECYCLED GLASS MARKET, BY GEOGRAPHY, HISTORICAL YEARS, 2016-2019 (IN MILLION KG)

TABLE 45: GLOBAL RECYCLED GLASS MARKET, BY GEOGRAPHY, FORECAST YEARS, 2020-2028 (IN MILLION KG)

TABLE 46: NORTH AMERICA RECYCLED GLASS MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 47: NORTH AMERICA RECYCLED GLASS MARKET, BY COUNTRY, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 48: NORTH AMERICA RECYCLED GLASS MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN MILLION KG)

TABLE 49: NORTH AMERICA RECYCLED GLASS MARKET, BY COUNTRY, FORECAST YEARS, 2020-2028 (IN MILLION KG)

TABLE 50: EUROPE RECYCLED GLASS MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 51: EUROPE RECYCLED GLASS MARKET, BY COUNTRY, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 52: EUROPE RECYCLED GLASS MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN MILLION KG)

TABLE 53: EUROPE RECYCLED GLASS MARKET, BY COUNTRY, FORECAST YEARS, 2020-2028 (IN MILLION KG)

TABLE 54: ASIA PACIFIC RECYCLED GLASS MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 55: ASIA PACIFIC RECYCLED GLASS MARKET, BY COUNTRY, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 56: ASIA PACIFIC RECYCLED GLASS MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN MILLION KG)

TABLE 57: ASIA PACIFIC RECYCLED GLASS MARKET, BY COUNTRY, FORECAST YEARS, 2020-2028 (IN MILLION KG)

TABLE 58: REST OF WORLD RECYCLED GLASS MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 59: REST OF WORLD RECYCLED GLASS MARKET, BY REGION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 60: REST OF WORLD RECYCLED GLASS MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN MILLION KG)

FIGURE LIST

FIGURE 1: KEY INVESTMENT INSIGHTS

FIGURE 2: PORTER’S FIVE FORCE ANALYSIS

FIGURE 3: OPPORTUNITY MATRIX

FIGURE 4: VENDOR LANDSCAPE

FIGURE 5: GLOBAL RECYCLED GLASS MARKET, GROWTH POTENTIAL, BY PRODUCT, IN 2019

FIGURE 6: GLOBAL RECYCLED GLASS MARKET, BY CULLET, 2020-2028 (IN $ MILLION)

FIGURE 7: GLOBAL RECYCLED GLASS MARKET, BY CRUSHED GLASS, 2020-2028 (IN $ MILLION)

FIGURE 8: GLOBAL RECYCLED GLASS MARKET, BY GLASS POWDER, 2020-2028 (IN $ MILLION)

FIGURE 9: GLOBAL RECYCLED GLASS MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2019

FIGURE 10: GLOBAL RECYCLED GLASS MARKET, BY BOTTLE & CONTAINERS, AND 2020-2028 (IN $ MILLION)

FIGURE 11: GLOBAL RECYCLED GLASS MARKET, BY FLAT GLASS, 2020-2028 (IN $ MILLION)

FIGURE 12: GLOBAL RECYCLED GLASS MARKET, BY FIBER GLASS, 2020-2028 (IN $ MILLION)

FIGURE 13: GLOBAL RECYCLED GLASS MARKET, BY HIGHWAY BEADS, 2020-2028 (IN $ MILLION)

FIGURE 14: GLOBAL RECYCLED GLASS MARKET, BY OTHERS, 2020-2028 (IN $ MILLION)

FIGURE 15: NORTH AMERICA RECYCLED GLASS MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)

FIGURE 16: UNITED STATES RECYCLED GLASS MARKET, 2020-2028 (IN $ MILLION)

FIGURE 17: CANADA RECYCLED GLASS MARKET, 2020-2028 (IN $ MILLION)

FIGURE 18: EUROPE RECYCLED GLASS MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)

FIGURE 19: UNITED KINGDOM RECYCLED GLASS MARKET, 2020-2028 (IN $ MILLION)

FIGURE 20: GERMANY RECYCLED GLASS MARKET, 2020-2028 (IN $ MILLION)

FIGURE 21: FRANCE RECYCLED GLASS MARKET, 2020-2028 (IN $ MILLION)

FIGURE 22: ITALY RECYCLED GLASS MARKET, 2020-2028 (IN $ MILLION)

FIGURE 23: RUSSIA RECYCLED GLASS MARKET, 2020-2028 (IN $ MILLION)

FIGURE 24: BELGIUM RECYCLED GLASS MARKET, 2020-2028 (IN $ MILLION)

FIGURE 25: POLAND RECYCLED GLASS MARKET, 2020-2028 (IN $ MILLION)

FIGURE 26: REST OF EUROPE RECYCLED GLASS MARKET, 2020-2028 (IN $ MILLION)

FIGURE 27: ASIA PACIFIC RECYCLED GLASS MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)

FIGURE 28: CHINA RECYCLED GLASS MARKET, 2020-2028 (IN $ MILLION)

FIGURE 29: JAPAN RECYCLED GLASS MARKET, 2020-2028 (IN $ MILLION)

FIGURE 30: INDIA RECYCLED GLASS MARKET, 2020-2028 (IN $ MILLION)

FIGURE 31: SOUTH KOREA RECYCLED GLASS MARKET, 2020-2028 (IN $ MILLION)

FIGURE 32: INDONESIA RECYCLED GLASS MARKET, 2020-2028 (IN $ MILLION)

FIGURE 33: THAILAND RECYCLED GLASS MARKET, 2020-2028 (IN $ MILLION)

FIGURE 34: VIETNAM RECYCLED GLASS MARKET, 2020-2028 (IN $ MILLION)

FIGURE 35: AUSTRALIA & NEW ZEALAND RECYCLED GLASS MARKET, 2020-2028 (IN $ MILLION)

FIGURE 36: REST OF ASIA PACIFIC RECYCLED GLASS MARKET, 2020-2028 (IN $ MILLION)

FIGURE 37: REST OF WORLD RECYCLED GLASS MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)

FIGURE 38: LATIN AMERICA RECYCLED GLASS MARKET, 2020-2028 (IN $ MILLION)

FIGURE 39: MIDDLE EAST & AFRICA RECYCLED GLASS MARKET, 2020-2028 (IN $ MILLION)

  1. MARKET BY PRODUCT
    • CULLET
    • CRUSHED GLASS
    • GLASS POWDER
  2. MARKET BY APPLICATION
    • BOTTLE & CONTAINERS
    • FLAT GLASS
    • FIBER GLASS
    • HIGHWAY BEADS
    • OTHERS
  3. GEOGRAPHICAL ANALYSIS
    •    NORTH AMERICA
      • UNITED STATES
      • CANADA
    •    EUROPE
      • UNITED KINGDOM
      • GERMANY
      • FRANCE
      • ITALY
      • RUSSIA
      • BELGIUM
      • POLAND
      • REST OF EUROPE
    •    ASIA PACIFIC
      • CHINA
      • JAPAN
      • INDIA
      • SOUTH KOREA
      • INDONESIA
      • THAILAND
      • VIETNAM
      • AUSTRALIA & NEW ZEALAND
      • REST OF ASIA PACIFIC
    •    REST OF WORLD
      • LATIN AMERICA
      • MIDDLE EAST & AFRICA

To request a free sample copy of this report, please complete the form below :

We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.

Choose License Type

Buy Now