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Recycled Glass Market Analysis and Demand with Forecast Overview to 2025

Author : Rahul Varpe | Published Date : 2019-11-20 

Alcohol packaging industry deemed to a profitable quotient for the recycled glass market. It is the largest end-user as well as raw material supplier for the recycled glass market. Rising urbanization along with rising disposable income in developing nation will increase the consumption of alcoholic beverages, resulting in an increase in demand for alcohol packaging market. This will further spur the recycled glass market.

On the other flip, high cost associated with glass recycling will hamper the recycled product market. The recycling process is labor intensive which incurs a heavy investment. Moreover, in many countries the recycling process is done overseas owing to lack of proper recycling facilities which increases the product cost. For instance, the vitric product waste collected in Singapore is sorted and exported overseas for recycling due to no recycling facilities in the country.

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According to source type, the market is segmented into curbside collection, drop off/ buy back centers and deposit programs. The curbside collection includes MRF for the segregation of recycled and reuse material. The segment will generate revenue around USD 1.2 billion by 2025.

Proliferation of the waste to energy approach has stimulated the glass recycling technique. The use of recycled glass reduces the energy consumption required to melt the raw material during making vitric products. Moreover, over a ton of natural resources can be saved for each ton of product used. For instance, energy costs drop about 2 ? 3% for every 10% of recycled cullet use in making glassware and carbon dioxide drop to one ton for every six tons of recycled cullet use.

Rising awareness and various initiatives about sustainable development has spur product market. For instance, in 2017, ?Glass for Europe? association for the flat glass, proposed an initiative to increase the recycling of flat glass which will further enhance the recycling rate.

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

3.3.6.1. List of key raw material suppliers

3.3.6.2. 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

3.6.1.1. Rising awareness about sustainable development

3.6.1.2. Tightening legislation to use recycle glass in Europe

3.6.2. Industry pitfalls & challenges

3.6.2.1. Complex manufacturing process

3.6.2.2. 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

3.9.1.1. R & D cost

3.9.1.2. Manufacturing & equipment cost

3.9.1.3. Raw material cost

3.9.1.4. Distribution cost

3.9.1.5. Operating cost

3.9.1.6. 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

3.10.1.1. Global

3.10.1.2. 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

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The major players product includes Berry Glass, Ngwenya Glass, Harsco Minerals International, Glass Recycled Surfaces, Strategic Materials, Vetropack Holding Ltd, and Momentum Recycling.

Read More:

Architectural Coatings MarketReport, Growth Forecast, Industry statistics Till 2024

https://www.americanewshour.com/2019/11/20/architectural-coatings-market-share-growth-forecast--global-industry-outlook/121461/

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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