According to the latest report by IMARC Group, titled "Recycled Glass Market Report by Product (Cullet, Crushed Glass, Glass Powder), Source (Deposit Program, Buy Back/Drop Off Centers, Curbside Pickups), Application (Bottle and Containers, Flat Glass, Fiber Glass, Highway Beads, and Others), and Region 2025-2033," the global recycled glass market reached a value of USD 5.0 Billion in 2024. Recycled glass is obtained from recycling old and waste glass. It is further used to manufacture new usable products. Glass can be recycled by crushing, melting, and blending, along with sand and other starting materials. The manufacturers tend to recycle glass and reuse it due to its exceptional property of being completely recyclable without altering its quality and purity. It offers various benefits, such as low carbon dioxide emission, lesser energy consumption, lower melting temperature, and less wear and tear on the furnace during manufacturing. It is widely used in various industries, such as food and beverages, automotive, construction, healthcare, aerospace, and defence.
Global Recycled Glass Market Trends:
The global market is primarily driven by the increasing public awareness about sustainable development. In line with this, the rising number of facilities related to production and processing is significantly contributing to the market growth. Furthermore, various recycled glass manufacturers are developing methods to enhance efficiency and product quality. Apart from this, the growing awareness regarding the excellent recyclability of glass is leading to a considerable rise in the number of establishments of glass recycling plants worldwide. Moreover, the escalating number of end-user industries deploying recycled glass to facilitate the manufacturing of end products is catalyzing the market. Additionally, the rising government initiatives and awareness campaigns for cleanliness are providing a boost to the market. Looking forward, the market value is projected to reach USD 7.5 Billion by 2033, expanding at a CAGR of 4.47% during 2025-2033.
Market Summary:
Report Features | Details |
---|---|
Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Segment Coverage | Product, Source, Application, Region |
Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered | Ardagh Group S.A., Coloured Aggregates Inc., Dlubak Glass Company, Gallo Glass Company, Glass Recycled Surfaces, Harsco Corporation, Momentum Recycling LLC, O-I Glass Inc., Reiling GmbH & Co. KG, Strategic Materials Inc, United Resource Management, Verallia and Vetropack Holding Ltd. |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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