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Recycled Glass Market Size
- Report ID: GMI2699
- Published Date: Nov 2021
- Report Format: PDF
Recycled Glass Market Size
Recycled Glass Market size was valued at USD 1,126.3 million in 2020 and is projected to exhibit a 6.7% CAGR from 2021 to 2027 due to its tremendous benefits such as low carbon dioxide emission, lower energy consumption, lower melting temperature, and less wear & tear on the furnace during manufacturing. In terms of volume, recycled glass industry size will register 6.2% CAGR through 2027, with a targeted valuation of 42,877.8 Kilo Tons.
Recycled glass is widely used in various industries such as food & beverages, automotive, construction, healthcare, aerospace & defense, etc., due to its wide range of benefits over virgin glass. The driving factors for the recycled glass bottle will be a considerable in the food & beverages packaging, automotive industries, construction industry, etc., government regulation over disposed waste, and manufacturer demand generated for recyclable raw material.
Recycled glass producers are developing methods to boost efficiency and enhance their overall product quality. Moreover, various government initiatives & regulations on waste management, increased recycling rate, and rising public awareness about sustainable development will lead to a substantial growth due to rising number of facilities related to production and processing.
| Report Attribute | Details |
|---|---|
| Base Year: | 2020 |
| Recycled Glass Market Size in 2020: | 1,126.3 Million (USD) |
| Forecast Period: | 2021 to 2027 |
| Forecast Period 2021 to 2027 CAGR: | 6.7% |
| 2027 Value Projection: | 1,764.0 Million (USD) |
| Historical Data for: | 2017 to 2020 |
| No. of Pages: | 250 |
| Tables, Charts & Figures: | 193 |
| Segments covered: | Product, Application, Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Recycled Glass Market Scope
