The Recycled Glass Market Research Report Forecast 2020-2025 is a valuable source of insightful data for business strategists. This Recycled Glass Market study provides comprehensive data on aspects of competitive intelligence, market research, strategy, planning, pricing and forecasting that enhances the understanding, scope, and application of this report.
According to this study, over the next five years, the Recycled Glass market will register a 7.2% CAGR in terms of revenue, the global market size will reach $ 3559.5 million by 2025, from $ 2699.6 million in 2019.
The major key players covered in this report: Strategic Materials, Inc., Berryman Glass Recycling, Vetropack Holding Ltd., Dlubak Glass Company, Glass Recycled Surfaces, Momentum Recycling LLC., Harsco Minerals International, Vitro Minerals, Inc., Coloured Aggregates Inc., Trivitro Corporation, Gallo Glass Company, G.R.L. Glasrecycling NV, Black Beauty Abrasive and Consol Glass (Pty) Ltd.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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Strategic Materials was the global largest manufacturer in Recycled Glass industry, with the market share of 5% in 2018, followed by Ardagh, Momentum Recycling, Heritage Glass, Shanghai Yanlongji, Spring Pool, Pace Glass, Vitro Minerals, Marco Abrasives, Rumpke, Binder+Co, Owens Corning, Vetropack Holding, Dlubak Glass.
By region, North America accounts for the largest market share in the year 2018. The increasing demand from the packaging industry because it is cheaper as compared to the virgin glass and also needs less energy for processing is driving the growth in the regional market. Apart from this, Europe is projected to be the fastest-growing region during the forecast period. Supportive government regulations in the Europe region is expected to create potential demand over the forecast period. In addition to these, the Europe government has applied strict restrictions on pollution, which is pushing manufacturers to opt for recycled glass, which is also a factor propelling the market value. Europe garnered around half of the volume share in 2018 and will grow steadily between the forecast periods. The main reasons behind the dominance of Europe in the market are high awareness associated with glass recycling and supportive government policies.
This report segments the global Recycled Glass Market based on Types are:
Container Glass, Construction Glass, Other.
Container Glass had a market share of 61% in 2018, followed by construction glass and others.
Based on Application, the Global Recycled Glass Market is Segmented into:
Alcohol, Food and Beverages, Construction, Others.
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Regions covered By Recycled Glass Market Report.
North America: United States, Canada, and Mexico.
Central and South America: Brazil and Argentina.
The Middle East and Africa: Saudi Arabia, and Turkey.
Europe: Germany, France, UK, Italy, Spain, and Russia.
Asia-Pacific: China, India, Japan, South Korea, Australia, Indonesia, and Singapore.
These segments are thoroughly evaluated on an individual basis and a team of analysts has ensured to give a crystal clear idea about various lucrative segments of the industry. This detailed analysis of segmentation help in offering precise results about the markets related to the industry.
Significant Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of Recycled Glass Market
– Changing Recycled Glass market dynamics of the industry
– In-depth market segmentation by Type, Application, etc.
– Historical, current and projected Recycled Glass market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Recycled Glass Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.
The report has 150 tables and figures browse the report description and TOC:
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