© 2017 Global Market Insights, Inc. USA. All Rights Reserved Recycled Glass Market Growth, Application Analysis from 2018 to 2025
Global Market Scenario of Recycled Glass Market Recycled Glass Market size will surpass USD 4.4 billion by 2025; according to a new research report by Global Market Insights, Inc. Recycled glass is a sustainable material providing boundless ecological aids including contribution to mitigating climate change and saving valuable natural resources as vitric products can be recycled in close loop endlessly. On an average, the glass bottle has a recycling rate of 50% to 80% which conserve a significant amount of raw material. The use of product during the manufacturing of vitric products will also conserve the energy consumption as the cullet melt at a lower temperature than raw material. Consequently, low energy consumption is required for melting purpose. Increasing demand for the use of vitric products will fuel the recycled glass market owing to the inert property which preserve taste and nutrients of the food and beverage product. © 2017 Global Market Insights, Inc. USA. All Rights Reserved
In current years, legislative pressure and improvement in cullet quality have significantly influenced the recycled glass market. For instance, The Producer Responsibility Obligation Regulation in Europe introduced Packaging Recovery Note (PRN) system which made product market more economically attractive. The combination of above mentioned regulation with Climate Change Levy has made the lower energy requirements of using cullet as a raw material in place of virgin materials which act as a key factor in reaching industry targets for reducing energy consumption. Continue:- © 2017 Global Market Insights, Inc. USA. All Rights Reserved
Germany recycled glass Market Size, by Type, 2014 – 2025 (USD Million) Request Sample Copy of This Research
On revenue basis, clear cullet is likely to account for around 60% of the global recycled glass market in Clear cullet is manufactured generally from soda, beer bottle, flat glass, soft drink bottles, food bottles, including pickle jars, sauce bottle, honey, cider and others. Alcohol packaging industry play a vital role in the recycled product market as it acts as main raw material supplier and end-user industry of the product market. 360° Industry Analysis © 2017 Global Market Insights, Inc. USA. All Rights Reserved Request for customization:
Regional Analysis: Sweden recycled glass market is likely to generate the revenue around USD 6.9 million in 2025 as the government has provided various subsidiary on the product to increase the recycling rate of the vitrics products. According to Avfall Sverige, Sweden is aiming for zero waste future by the end of The country even imports waste from UK, Norway, Italy, etc. and recovers more energy from each ton of the product than other countries. Competitive Analysis: Major players in the recycled glass industry which holds the major market chunk include Ardagh group, Momentum Recycling, Strategic Materials, Harsco Minerals International and Heritage Glass. © 2017 Global Market Insights, Inc. USA. All Rights Reserved Make An Inquiry To Purchase This
Latest Research Report On Recycled Glass Request for sample of this research © 2017 Global Market Insights, Inc. USA. All Rights Reserved
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