What is Recovered Glass?
Recovered glass is obtained by processing waste glass into usable products. Glass waste is separated by chemical composition, and then, depending on the end-use it has to be separated into different colors. The recovered glass market is expected to witness significant growth over the projected period in the United States region. In current years, legislative pressure and improvement in cullet quality have significantly influenced the recovered glass market. The growing building and construction industry coupled with various applications of recovered glass is expected to fuel the market growth over the forecasted period. The US Glass Packaging Institute (GPI) has estimates that the container glass and flat glass industry in the United States uses a total of 3.25 Mta of recovered glass. The proportion of recovered glass in the United States container glass production increased from around 23 percent in 2008 to 31.6 percent in 2013.
The market study is broken down by Type (Cullet (Clear Cullet, Amber Cullet, Green Cullet), Crushed Glass and Glass Powder), by Application (Glass Bottle & Containers, Flat Glass, Fiber Glass, Highway Beads, Abrasives and Others (Fillers, Specialty Glass)) and major geographies with country level break-up.
Research Analyst at AMA estimates that Players from United States will contribute to the maximum growth of Global Recovered Glass market throughout the predicted period.
Strategic Materials, Inc. (United States), United Resource Management (Australia), ACE Glass Recycling (United States), Gallo Glass Company (United States), Balcones Resources (United States), Ripple Glass (United States), Momentum Recycling, LLC (United States), Cap Glass (United States), Glass Recovered Surfaces (United States) and Dlubak Glass Company (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Ardagh Group (Ireland), Heritage Glass (United States), 2M Ressources (Canada), Berryman Glass Recycling (United Kingdom) and Vetropack Holding Ltd. (Switzerland).
AdvanceMarketAnalytics has segmented the market of Global Recovered Glass market by Type, Application and Region.
On the basis of geography, the market of Recovered Glass has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Industry Vertical, the sub-segment i.e. Building and Construction will boost the Recovered Glass market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Source, the sub-segment i.e. Deposit Program will boost the Recovered Glass market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In October 2017, private investment firm Littlejohn & Co, LLC has announced the acquisition of Strategic Materials Inc. with a motive of supporting the later company’s growth objectives. This deal is a high endorsement for their company and this would help in improving their operations and strategic executions.
In January 2020, Strategic Materials Inc. has declared the expansion of crushed glass abrasives production by opening a new facility in Houston in order to cater to the rising domestic demand.
- Rising Awareness among People about Sustainable Development and Growing Domestic Demand
- Support from Local States Government and Funding’s
- Huge Opportunities for Small Manufacturers and Start-ups to Come Up With Cost-Effective Solutions
- High Initial Investments in Glass Recycling Owing To High Cost for Removal of Contaminants
- Lack of Investment in Industry Since Profit Margins Are Comparatively Low
- Complex Manufacturing Process
- High Degree of Competition among Industry Players
Key Target AudienceRecovered Glass Vendors, Raw Material Suppliers, Government and research organizations, End-use Industries and Others
About ApproachDuring this study the evaluation and validation of the market size is done through various sources including primary and secondary analysis. AMA Research & Media follows industrial and regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
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