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Precision Business Insights has published a report on the global glass recycling market, estimating its value at USD 3,806.2 Million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 6.5% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/glass-recycling-market
The Glass Recycling Market includes collecting, sorting, processing, and reuse of waste glass—such as bottles, jars, flat glass, and fiberglass—to create new goods. Glass is 100% recyclable and may be reused endlessly without loss of quality, making it a key component of the circular economy.
Drivers:
- Rising awareness of climate change and waste reduction is driving demand for recyclable materials like glass.
- Innovations such as optical sorters and AI-driven systems improve purity and efficiency, making recycling more viable.
The global glass recycling market segmentation:
1) By Source: Container Glass, Construction & Demolition Glass, Automotive Glass, Others
2) By product type: Cullet, Crushed Glass, Glass Powder, Others
3) By Application: Bottle & Container Manufacturing, Fiberglass Insulation, Construction Materials, Decorative and Specialty Products, Others
Request sample report at https://www.precisionbusinessinsights.com/request-sample/?product_id=339454
Regional Overview:
The report also examines the current concerns and their Future Effects on the glass recycling market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the glass recycling market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like Owens-Illinois Inc., Ardagh Group, Vetropack Holding AG, Strategic Materials Inc., Vitro S.A.B. de C.V., Republic Services, Inc., Waste Management, Inc., SUEZ Glass Recycling, Sonoco Recycling, Glass Recycled Surfaces, LLC
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