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Recycled Glass Market SWOT Analysis of Top Key Player & Forecasts To 2025

Author : Rahul Varpe | Published Date : 2019-09-12 

Global Market Insights, Inc. recently introduced new title on 2019-2025 Global Recycled Glass Market Report from its database. The report provides study with in-depth overview, describing about the Product, Industry Scope and elaborates market outlook and status to 2025.

The growing awareness worldwide regarding waste generation and the benefits of recycling has propelled the recycled glass market, which accumulated revenues of up to USD 2.4 billion in 2017. As numerous environmental issues are cropping up, governments and organizations are making efforts to discover improved methods of disposing waste as well as finding ways to reuse discarded products.

Request for a sample copy of this report @    https://www.gminsights.com/request-sample/detail/2699

The deterioration of underlying soil and air surrounding waste landfills has prompted the turnaround of the recycled glass industry. It is observed that more businesses are preferring to send glass bottles and packaging to recycle factories rather than throw them out with other refuse. Glass bottles and containers are known to be 100% recyclable since the quality of glass does not degrade after the processing. With the food & beverages industry booming alongside the growing population, recurring use of glass packaging will sustain the recycled glass market.

Glass makers have realized the importance of infusing cullet, a form of broken recycled glass, into the manufacturing of new glass containers. The method saves money as other materials have to be sourced in lesser volumes, whereas energy consumption is reduced considerably, with lesser heat needed in furnaces due to the presence of cullet. It reduces the overall carbon footprint that results from glass making and subsequently, increasing number of glass manufacturers are using cullet, representing its dominance in the recycled glass market.

Boosting the significance of cullet is the construction of bigger and more efficient facilities across the globe. Recently, a major producer of glass containers for the food and beverages industry, Encirc Ltd opened a new furnace worth £40 million (USD 52.22 million) at its factory in Cheshire, U.K. It is supposedly the largest glass container furnace in the world having an area of 206 sq. meters and should increase the factory’s melting capacity by approx. 100 tons per day. The upgraded facility is expected to strengthen the recycled glass market in U.K., as Encirc is believed to produce almost one third of Britain’s total glass containers and uses up to 90% recycled cullet in glass manufacturing.

Production of glass beads is a significant component of the recycling industry and could bolster the recycled glass market earnings in Europe. Reports indicate that mostly all glass beads are manufactured from recycled glass derived from bottles, windshields among other disposed products. Tiny glass beads in millions of numbers are embedded in paint while marking roads and act as reflective spheres that shine under headlights, becoming more visible as compared to markings without any reflector glass. Besides improved safety and nighttime visibility, embedding glass beads reduce the time taken for the paint to dry and increases the paint life. Europe has around 8.3 million kms of motorways and highways which are consistently expanding and present lucrative opportunities for the recycled glass beads industry. Combined with the tremendous industrialization occurring in the region, Europe contributed almost half of the global recycled glass market share in 2017.

Partial Chapter of the Table of Content:

Chapter 3. Recycled Glass Industry Insights

3.1. Industry segmentation

3.2. Industry landscape, 2014 - 2025

3.3. Industry ecosystem analysis

3.3.1.   Raw material analysis

3.3.2.   Manufacturing trends

3.3.3.   Profit margin

3.3.4.   Value addition

3.3.5.   Distribution channel analysis

3.3.6.   Vendor matrix   List of key raw material suppliers   List of key manufacturers/distributors

3.4. Raw material trends

3.5. Innovation & sustainability

3.5.1.   Patent analysis

3.5.2.   Technology landscape

3.5.3.   Production process

3.5.4.   Future trends

3.6. Industry impact forces

3.6.1.   Growth driver   Rising awareness about sustainable development   Tightening legislation to use recycle glass in Europe

3.6.2.   Industry pitfalls & challenges   Complex manufacturing process   High investment in glass recycling

3.7. Regulatory trends

3.7.1.   U.S.

3.7.2.   Europe

3.8. Growth potential analysis

3.9. Regional price trends

3.9.1.   Cost structure analysis   R & D cost   Manufacturing & equipment cost   Raw material cost   Distribution cost   Operating cost   Miscellaneous cost

3.9.2.   Price by source

3.9.3.   Price by product

3.9.4.   Price by application

3.10.    Competitive landscape, 2017

3.10.1. Company market share analysis, 2017    Global    Regional

3.10.2.   Strategic dashboard

3.11.    Porter's analysis

3.11.1. Supplier power

3.11.2. Buyer power

3.11.3. Threat of new entrants

3.11.4. Industry rivalry

3.11.5. Threat of substitutes

3.12.    PESTEL analysis

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2699

With the potential to lower environmental pollution from waste disposal and in efficient manufacturing of glass containers, the recycled glass market is poised for an anticipated 7.6% growth rate from 2018 to 2025. The dynamics of the recycled glass industry is characterized by key players including Strategic Materials, Berry Glass, Gallo Glass Company, Reiling Glass Recycling, Ardagh group, among others.

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About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

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