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Recycled Glass Market to witness massive growth from the increasing demand for recycled cullet, Europe to prominently boost the regional trends

Author : Rahul Varpe | Published Date : 2019-03-11 

According to a new research report by Global Market Insights, Inc. Recycled Glass Market size will surpass USD 4.4 billion by 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. 

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.

Different regions have started to enforce environmental mandates for curbing pollution and to practice waste recycling, for instance the 2008/98/EC Waste Framework Directive which has laid down steps for waste disposal in Europe. More than 75.9 billion units of glass containers were produced in Europe near the end of 2017 for the global food and beverage markets, inferring the substantial requirement of recycling. As per reports, the glass recycling rate across the region was nearly 74% in 2017, showcasing the high impact of the recycled glass industry in Europe. 

Having large recycling capacity, the region has witnessed incredible adoption of recycled glass in several industry verticals such as abrasive grit blasting, concrete aggregates and the escalated application in making glass beads used in reflective paint.

To access a sample copy or view the Recycled Glass Market report in detail along with the table of contents, please click the link below: https://www.gminsights.com/request-sample/detail/2699

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.

Different regions have started to enforce environmental mandates for curbing pollution and to practice waste recycling, for instance the 2008/98/EC Waste Framework Directive which has laid down steps for waste disposal in Europe. More than 75.9 billion units of glass containers were produced in Europe near the end of 2017 for the global food and beverage markets, inferring the substantial requirement of recycling. As per reports, the glass recycling rate across the region was nearly 74% in 2017, showcasing the high impact of the recycled glass industry in Europe. Having large recycling capacity, the region has witnessed incredible adoption of recycled glass in several industry verticals such as abrasive grit blasting, concrete aggregates and the escalated application in making glass beads used in reflective paint.

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.
    
 

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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