Lucintel's latest market report analyzed that recycled glass provides attractive opportunities in the glass bottle and container, flat glass, fiber glass, highway bead, abrasive, and filler applications. The recycled glass market is expected to reach $4.2 billion by 2028 with a CAGR of 6.2%. In this market, cullet is the largest segment by product, whereas fiber glass is largest by application.
Based on product, the recycled glass market is segmented into cullet, crushed glass, and glass powder. The cullet segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to the increasing their usage in the manufacturing process of glass to minimize energy consumption and make it affordable.
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The Recycled Glass Market is marked by the presence of several big and small players. Some of the prominent players offering recycled glass include Strategic Materials, Momentum Recycling, Reiling Glass Recycling, Glass Recycled Surfaces, and Coloured Aggregates.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
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