North America Recycled Glass Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type (Glass Cullet, Glass Fines, and Glass Powder) and Application (Bottle and Container, Flat Glass, Fiber Glass, Highway Beads, Fillers, and Others)
The recycled glass market in North America is expected to grow from US$ 623.48 million in 2021 to US$ 872.76 million by 2028; it is estimated to grow at a CAGR of 5.8% from 2021 to 2028.
Rising demand from bottles and containers manufacturing industries is the major factor driving the growth of the North America recycled glass market. Recycled glass is widely used in the packaging of beverages and food products. Technological advancements in the manufacturing of recycled glass bottles and containers are likely to improve customization and sustainability. The growing demand for reusable resources, which are environmentally friendly, as an alternative to plastics is encouraging manufacturers to use recycled glass bottles and containers in food product and juice packaging.
Recycled glass bottles and containers are considered safer as they pose no risk of chemical leaching into end products, with a minimum risk of contamination and no harm to consumers’ health. Moreover, the taste of the food or beverage is preserved better in glass bottles and containers. After the onset of the COVID-19 pandemic, people have become more inclined toward a healthier lifestyle. They are consciously making sustainable choices, particularly in their daily purchases, which is fueling the need for recycled glass in the bottles and containers sector.
Further, the flourishing pharmaceutical industry has created lucrative opportunities for companies providing bottles and storage containers made from recycled glass. A surge in demand for generic medicines, in the form of capsules and syrups, amid the COVID-19 pandemic is propelling the demand for appropriate packaging materials. Manufacturers and marketers can use sustainable packaging as an alternative to toxic, nonbiodegradable materials, such as plastics. These factors contribute to the high demand for recycled glass in the bottle and container manufacturing industries.
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.
North America Recycled Glass Market Revenue and Forecast to 2028 (US$ Million)
North America 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 North America recycled glass market is segmented into the US, Canada, and Mexico, and the US held the largest market share in 2021.
Ardagh Group S.A.; Bradish Glass, Inc.; Coloured Aggregates Inc.; Dlubak Glass Company; Gallo Glass Company; Momentum Recycling, LLC; O-I Glass, Inc.; and Strategic Materials, Inc. are among the leading companies in the North America recycled glass market.
TABLE OF CONTENTS
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
1.2.1 North America Recycled Glass Market, By Product Type
1.2.2 North America Recycled Glass Market, By Product Type
1.2.3 North America Recycled Glass Market, by Country
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.1.1 Recycled Glass Market, By Product Type and Application
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. North America Recycled Glass Market Landscape
4.1 Market Overview
4.2 Porters Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. North America Recycled Glass Market Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Demand from Bottles and Containers Sector
5.1.2 Rising Acceptance of Fiberglass Insulation in Many End-Use Industries
5.2 Market Restraints
5.2.1 High Investment in Recycling Process
5.3 Market Opportunities
5.3.1 Rising Government Intervention to Use Recycled Glass
5.4 Future Trends
5.4.1 Stress Upon Sustainable Development and Waste Management
5.5 Impact Analysis
6. Recycled Glass Market North America Analysis
6.1 North America Recycled Glass Market Overview
6.2 North America Recycled Glass Market Revenue and Forecast to 2028 (US$ Mn)
7. North America Recycled Glass Market Analysis By Product Type
7.1 Overview
7.2 North America Recycled Glass Market, By Product Type (2021 and 2028)
7.3 Glass Cullet
7.3.1 Overview
7.3.2 Glass Cullet: Recycled Glass Market Revenue and Forecast to 2028 (US$ Mn)
7.4 Glass Fines
7.4.1 Overview
7.4.2 Glass Fines: Recycled Glass Market Revenue and Forecast to 2028 (US$ Mn)
7.5 Glass Powder
7.5.1 Overview
7.5.2 Glass Powder: Recycled Glass Market Revenue and Forecast to 2028 (US$ Mn)
8. North America Recycled Glass Market Analysis By Application
8.1 Overview
8.2 North America Recycled Glass Market, By Application (2021 and 2028)
8.3 Bottles and Container
8.3.1 Overview
8.3.2 Bottles and Container: Recycled Glass Market Revenue and Forecast to 2028 (US$ Mn)
8.4 Fiber Glass
8.4.1 Overview
8.4.2 Fiber Glass: Recycled Glass Market Revenue and Forecast to 2028 (US$ Mn)
8.5 Flat Glass
8.5.1 Overview
8.5.2 Flat Glass: Recycled Glass Market Revenue and Forecast to 2028 (US$ Mn)
8.6 Highway Beads
8.6.1 Overview
8.6.2 Highway Beads: Recycled Glass Market Revenue and Forecast to 2028 (US$ Mn)
8.7 Fillers and Others
8.7.1 Overview
8.7.2 Fillers and Others: Recycled Glass Market Revenue and Forecast to 2028 (US$ Mn)
9. North America Recycled Glass Market Country Analysis
9.1 Overview
9.1.1 North America: Recycled Glass Market, by Key Country
9.1.1.1 US: Recycled Glass Market Analysis and Forecast to 2028 (US$ Million)
9.1.1.1.1 US: Recycled Glass Market, By Product Type
9.1.1.1.2 US: Recycled Glass Market, By Application
9.1.1.2 Canada: Recycled Glass Market Analysis and Forecast to 2028 (US$ Million)
9.1.1.2.1 Canada: Recycled Glass Market, By Product Type
9.1.1.2.2 Canada: Recycled Glass Market, By Application
9.1.1.3 Mexico: Recycled Glass Market Analysis and Forecast to 2028 (US$ Million)
9.1.1.3.1 Mexico: Recycled Glass Market, By Product Type
9.1.1.3.2 Mexico: Recycled Glass Market, By Application
10. Industry Landscape
10.1 Overview
10.1.1 Market Initiative
10.2 New Product Development
10.3 Merger and Acquisition
11. COMPANY PROFILES
11.1 Coloured Aggregates Inc.
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Gallo Glass Company
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Strategic Materials Inc.
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 O-I Glass Inc.
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Dlubak Glass Company
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Ardagh Group S.A.
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Bradish Glass Inc.
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Momentum Recycling LLC
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary of Terms
LIST OF TABLES
Table 1. North America Recycled Glass Market Revenue and Forecast to 2028 (US$ Mn)
Table 2. US Recycled Glass Market, By Product Type Revenue and Forecast to 2028 (US$ Million)
Table 3. US Recycled Glass Market, By Product Type Volume and Forecast to 2028 (Tons)
Table 4. US Recycled Glass Market, By Application Revenue and Forecast to 2028 (US$ Million)
Table 5. Canada Recycled Glass Market, By Product Type Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada Recycled Glass Market, By Product Type Volume and Forecast to 2028 (Tons)
Table 7. Canada Recycled Glass Market, By Application Revenue and Forecast to 2028 (US$ Million)
Table 8. Mexico Recycled Glass Market, By Product Type Revenue and Forecast to 2028 (US$ Million)
Table 9. Mexico Recycled Glass Market, By Product Type Volume and Forecast to 2028 (Tons)
Table 10. Mexico Recycled Glass Market, By Application Revenue and Forecast to 2028 (US$ Million)
Table 11. Glossary of Terms, North America Recycled Glass Market
LIST OF FIGURES
Figure 1. North America Recycled Glass Market Segmentation
Figure 2. North America Recycled Glass Market Segmentation By Country
Figure 3. North America Recycled Glass Market Overview
Figure 4. North America Recycled Glass Market, By Product Type
Figure 5. North America Recycled Glass Market, by Country
Figure 6. Porter\'s Five Forces Analysis
Figure 7. North America Recycled Glass Market - Ecosystem
Figure 8. Expert Opinion
Figure 9. North America Recycled Glass Market Impact Analysis of Drivers and Restraints
Figure 10. North America Recycled Glass Market Revenue and Forecast to 2028 (US$ Mn)
Figure 11. North America Recycled Glass Market Revenue Share, By Product Type (2021 and 2028)
Figure 12. North America Glass Cullet: Recycled Glass Market Revenue and Forecast To 2028 (US$ Mn)
Figure 13. North America Glass Fines: Recycled Glass Market Revenue and Forecast To 2028 (US$ Mn)
Figure 14. North America Glass Powder: Recycled Glass Market Revenue and Forecast To 2028 (US$ Mn)
Figure 15. North America Recycled Glass Market Revenue Share, By Application (2021 and 2028)
Figure 16. North America Bottles and Container: Recycled Glass Market Revenue and Forecast To 2028 (US$ Mn)
Figure 17. North America Fiber Glass: Recycled Glass Market Revenue and Forecast To 2028 (US$ Mn)
Figure 18. North America Flat Glass: Recycled Glass Market Revenue and Forecast To 2028 (US$ Mn)
Figure 19. North America Highway Beads: Recycled Glass Market Revenue and Forecast To 2028 (US$ Mn)
Figure 20. North America Fillers and Others: Recycled Glass Market Revenue and Forecast To 2028 (US$ Mn)
Figure 21. North America: Recycled Glass Market, by Key Country Revenue (2021) (US$ Million)
Figure 22. North America: Recycled Glass Market Revenue Share, by Key Country (2020 and 2028)
Figure 23. US: Recycled Glass Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. US: Recycled Glass Market Volume and Forecast to 2028 (Tons)
Figure 25. Canada: Recycled Glass Market Revenue and Forecast to 2028 (US$ Million)
Figure 26. Canada: Recycled Glass Market Volume and Forecast to 2028 (Tons)
Figure 27. Mexico: Recycled Glass Market Revenue and Forecast to 2028 (US$ Million)
Figure 28. Mexico: Recycled Glass Market Volume and Forecast to 2028 (Tons)
1. Ardagh Group S.A.
2. Bradish Glass, Inc.
3. Coloured Aggregates Inc.
4. Dlubak Glass Company
5. Gallo Glass Company
6. Momentum Recycling, LLC
7. O-I Glass, Inc.
8. Strategic Materials, Inc.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America recycled glass market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the North America recycled glass market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the recycled glass market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution