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.
Europe Recycled Glass Market 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.
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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. Europe Recycled Glass Market 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.
Europe Recycled Glass Market 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
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Ardagh Group S.A.
G.R.L. Glasrecycling
O-I Glass, Inc.
Vetropack
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.
Segments Covered
By Product Type
- Glass Cullet
- Glass Fines
- Glass Powder
By Application
- Bottle and Container
- Flat Glass
- Fiber Glass
- Highway Beads
- Fillers
The growing adoption of fiberglass insulation across various industries is a key driver behind the expansion of the recycled glass market in Europe. Fiberglass insulation, which contains approximately 70% recycled glass, supports a closed-loop system while helping to reduce waste, pollution, and carbon emissions. Using recycled glass in fiberglass insulation reduces the need for natural resources such as sand, limestone, and soda ash, which would otherwise require extraction from the environment.
Europe Recycled Glass Market Segmentation
The Europe recycled glass market has seen substantial growth in recent years, driven by the increasing demand for sustainable practices and the growing adoption of glass recycling across various industries. This growth can be attributed to several factors, including the shift towards a circular economy, government regulations promoting recycling, and increasing consumer awareness about environmental issues. The market is influenced by various product types, applications, and regional dynamics that are shaping the direction of the industry. Letโs explore the segmentation of the Europe recycled glass market in detail, based on product type, application, and key players.
- Glass Cullet: Glass cullet refers to broken or waste glass that is collected and sorted to be reused in the manufacturing process. Cullet is highly desirable in the glass manufacturing industry due to its ability to be remelted and reformed into new products. This significantly reduces energy consumption and raw material usage, making it an environmentally friendly alternative. The use of cullet in glass production can reduce the need for natural resources such as sand, soda ash, and limestone. As a result, glass cullet plays a pivotal role in the sustainability of the glass manufacturing process, driving its demand across Europe.
In 2021, glass cullet accounted for the largest share of the market due to its widespread use in industries such as container glass, automotive, and construction. Additionally, the growing trend of using recycled glass in products like insulation, tiles, and decorative items further supports the dominance of this segment.
- Glass Fines: Glass fines are smaller particles of glass that are often produced as a byproduct during the glass recycling process. These fines can be used in various applications, including road construction and as an additive in other manufacturing processes. While the demand for glass fines is relatively smaller compared to glass cullet, their application in niche markets has increased in recent years.
As the market continues to focus on sustainability, the use of glass fines in construction and other industries is expected to grow, driven by environmental regulations and the push for more eco-friendly building materials.
- Glass Powder: Glass powder is a fine, powder-like substance made by grinding down glass. It is used in applications such as coatings, paints, and certain types of insulation products. The demand for glass powder has grown in niche applications due to its properties, such as high thermal resistance, chemical stability, and non-toxicity. Glass powder is increasingly being used as an alternative to other fine materials in various industrial processes.
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