Glass Recycling Market Size and Growth 2021, CAGR Value, Top Players with Share and Revenues, Industry Trends, Business Strategies and Challenges till 2030

In a recent published report, Kenneth Research has updated the market report for Glass Recycling Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Glass Recycling Market products.

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Moreover, increase in ICT spending around the globe for hardware, software, services, new technologies and telecom among others is also anticipated to contribute to the growth of the market in the coming years. The spending on new technologies recorded around USD 0.6 million in 2018 and is further estimated to reach close to USD 1.3 million by 2023. The total ICT spending around the globe further recorded close to USD 5 million in 2019 and is further projected to touch USD 6 million by 2023.

The glass recycling Market is expected to grow with a significant CAGR during the forecast period, i.e. 2021-2025, on the back of growing internet penetration around the world along with the rising adoption of smartphone. The statistics by the GSMA Intelligence stated that the total unique mobile subscribers as on May 2020 around the world was 5.24 billion.

“Final Report will add the analysis of the impact of COVID-19 on this industry.”

Global Glass Recycling Market was valued at USD 2610 Million in the year 2019. Global Glass Recycling Market is further estimated to grow at a CAGR of 7.1% from 2019 to reach USD 3926.9 Million by the year 2025. Glass Recycling is the processing of waste glass into usable products. Glass waste should be separated by chemical composition, and then, depending on the end use and local processing capabilities, might also have to be separated into different colors. When glass is used for new container manufacturing, it is virtually infinitely recyclable. The processing and use of recycled glass in manufacturing conserves raw materials, and reduces energy consumption. That which is not recycled, but crushed, reduces the volume of waste sent to landfills.

Glass Recycling can be classified into two types: Container Glass and Construction Glass. Survey results showed that Container Glass of the Glass Recycling Market is 35.24%, 60.8% is Construction Glass in 2017. With the development of economy, these industries will need more Recycled Glass. So, Recycled Glass has a huge Market potential in the future.

Major market players Glass Recycling Market are Strategic Materials, Ardagh, Momentum Recycling, Heritage Glass, Shanghai Yanlongji, The Glass Recycling Company, Spring Pool, Pace Glass, Vitro Minerals, Marco Abrasives, Rumpke, Binder+Co, Owens Corning, Trim, Vetropack Holding, Sesotec, and brief information 4 more companies information is provided in the report.

Glass Recycling Market Segmentation
Glass Recycling Market Overview, By Product
Container Glass
Construction Glass

Glass Recycling Market Overview, By Application
Alcohol
Food and Beverages
Construction
Others

Glass Recycling Market Overview, By Region
North America
*USA
*Canada
Europe
*Germany
*U.K.
*France
*Italy
*Rest of Europe
APAC
*China
*India
*Japan
*Rest of Asia-Pacific
RoW
*Latin America
*Middle East & Africa

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Table of Content
1. Introduction
1.1 Industry Vision
1.2 Limitations
1.3 Stakeholders

2. Research Methodology
2.1. Research Process
2.1.1. Secondary Research
2.1.2. Primary Research
2.2. Industry Size Estimation
2.2.1. Bottoms-Up Approach
2.2.2. Top-Down Approach
2.2.3. Annual Turnover Process
2.3. Data Triangulation
2.4. Research Assumptions
2.4.1. Assumption
3. Executive Summary

4. Industry Overview
4.1. Introduction
4.2. Strength
4.3. Weakness
4.4. Opportunities
4.5. Threats

5. Industry Trends
5.1. Introduction
5.2. Porter’s Five Forces Analysis
5.2.1. Threat of New Entrants
5.2.2. Threat of Substitutes
5.2.3. Bargaining Power of Buyers
5.2.4. Bargaining Power of Suppliers
5.2.5. Intensity of Competitive Rivalry

6. Glass Recycling Industry, By Product
6.1. Container Glass
6.2. Construction Glass

7. Glass Recycling Industry, By Application
7.1. Alcohol
7.2. Food and Beverages
7.3. Construction
7.4. Other

8 Geographical Analysis
8.1. Introduction
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.2.3. Mexico
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. U.K.
8.3.4. RoE
8.4. Asia Pacific
8.4.1. China
8.4.2. Japan

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About Kenneth Research

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

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