Europe Recycled Glass Market
No. of Pages: 105 | Report Code: BMIRE00025563 | Category: Chemicals and Materials
No. of Pages: 105 | Report Code: BMIRE00025563 | Category: Chemicals and Materials
The recycled glass market in Europe is expected to grow from US$ 1,589.64 million in 2021 to US$ 2,124.20 million by 2028; it is estimated to grow at a CAGR of 5.0% from 2021 to 2028.
The increasing number of industries adopting fiberglass insulation is the major factor driving the growth of the Europe recycled glass market. Recycling glass, which constitutes 70% of fiberglass insulation, contributes to a closed loop system, alongside reducing waste, pollution, and carbon emissions. The manufacturing of fiberglass insulation using recycled glass requires lesser natural resources, such as sand, limestone, and soda ash, which need to be extracted from the environment. As fiberglass insulation is one of the most cost-effective materials, it is frequently utilized in the roofs of homes and businesses. It may be erected quickly if the ceiling is open. It is also fire- and insect-resistant. It has a range of uses and may be put in both homes and offices. The sound insulating properties of the glass wool are exceptional, and it also controls heat transfer. Glass wool for sound insulation comes in a variety of shapes and sizes. Simple to install and maintain, it is also suitable for use in aircraft and swimming pools. Glass wool has a higher strength-to-weight ratio and is more long-lasting. It is resistant to mold and mildew, and capable of surviving natural changes.
Vendors in the North America recycled glass market can attract new customers and expand their footprints in emerging markets by offering products with new features, based on innovative technologies. This factor is likely to drive the market growth at a notable CAGR during the forecast period. Europe Recycled Glass Market Revenue and Forecast to 2028 (US$ Million)
Europe Recycled Glass Market Segmentation
The North America recycled glass market is segmented on the basis of product type, application, and country. Based on product type, the market is segmented into glass cullet, glass fines, and glass powder. The glass cullet segment held the largest market share of the market in 2021. Based on application, the North America recycled glass market is segmented into bottle and container, flat glass, fiber glass, highway beads, fillers, and others. The bottles and container segment led the market in 2021. Based on country, the Europe recycled glass market is segmented into US, Canada, and Mexico. US held the largest market share in 2021.
Ardagh Group S.A.; G.R.L. Glasrecycling; O-I Glass, Inc.; and Vetropack are among the leading companies in the Europe recycled glass market.
Strategic insights for the Europe Recycled Glass provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 1,589.64 Million |
| Market Size by 2028 | US$ 2,124.20 Million |
| Global CAGR (2021 - 2028) | 5.0% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Product Type
|
| Regions and Countries Covered | Europe
|
| Market leaders and key company profiles |
The geographic scope of the Europe Recycled Glass refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
1. Ardagh Group S.A.
2. G.R.L. Glasrecycling
3. O-I Glass, Inc.
4. Vetropack
The Europe Recycled Glass Market is valued at US$ 1,589.64 Million in 2021, it is projected to reach US$ 2,124.20 Million by 2028.
As per our report Europe Recycled Glass Market, the market size is valued at US$ 1,589.64 Million in 2021, projecting it to reach US$ 2,124.20 Million by 2028. This translates to a CAGR of approximately 5.0% during the forecast period.
The Europe Recycled Glass Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Recycled Glass Market report:
The Europe Recycled Glass Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Recycled Glass Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Recycled Glass Market value chain can benefit from the information contained in a comprehensive market report.
Office No. 1011, First floor, Farena Corporate Park, Magarpatta-Mundhwa road, Pune - 411028, Maharashtra, India
UK+442030260021, US:+16467917070
sales@businessmarketinsights.com
Get Free Sample For Europe Recycled Glass Market
