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Global Glass Recycling Market Forecast

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The glass recycling is a robust niche market that will be worth more than US$ 4.4 billion by 2025 according to a recent market study.

Based on revenue, clear cullet is likely to account for around 60% of the global recycled glass market in 2025. Clear cullet is manufactured generally from soda, beer and soft drink bottles, flat glass, as well as food packaging. The current recycling rates for glass bottles are between 50% to 80%, partly because of the significantly lower temperatures needed to melt recycled cullet compared to virgin cullet.

In 2018, the Global Glass Recycling market size was 2610 million US$ and it is expected to reach 4190 million US$ by the end of 2025, with a CAGR of 7.0% during 2019-2025.

The report on “Global Waste Recycling Services Market 2019” is a comprehensive accumulation of valuable and actionable insights. It provides an extensive assessment of the waste recycling services market, which embodies research on remarkable dynamics, such as key insights, market trends, opportunities, growth drivers, and challenges for the waste recycling services market. The report evaluates the size of the waste recycling services market in terms of value (USD Mn). The study focuses on leading players, supply chain trends, technological innovations, key developments, and future strategies.

It also offers accurate information to readers about the Global waste recycling services Market meant to help them in strategizing market moves based on the powerful insights about waste recycling services market.

The analysts at Market.us have analyzed the waste recycling services market segments, thereby, offering an explicit comparison between key market data, including the Y-O-Y growth, market share, revenue, and volume. The report also carries regional performance of waste recycling services market, dividing the market into North America, Europe, Asia Pacific, Latin America, Middle East and Africa.

Should Environmental Professionals invest in Waste Companies?

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Should Environmental professionals invest in waste management companies?  If you take your advice from the Motley Fool (Fool.ca), then the answer is a qualified “yes”.  In a recent article by Andrew Walker of the Motley Fool, he recommends investing in Waste Connections (TSX:WCN)(NYSE:WCN), a provider of solid waste collection, transfer, recycling and disposal services in mostly exclusive and secondary markets across the US and Canada.

In Mr. Walker’s view, Waste Connections is a good long term investment.  He states that the company continues to grow through acquisitions, and investors should see more deals in the coming years as the industry consolidates. At present, the business serves six million customers in 40 states and six Canadian provinces.

Mr. Walker provides information on Waste Connections latest financial statement to justify his optimism on the compnay.  The 2018 Q2 financial statement reported adjusted net income of $0.65 per share, representing an increase of 18.2% over the same period last year. Management just upgraded the revenue, earnings, and free cash flow outlook for 2018, given the strong start to the year and positive pricing trends in the solid waste segment.

Mr. Walker is of the view  that the garbage business is relatively recession resistant, so Waste Connections should be a good contender for a buy-and-forget spot in your portfolio.  Investors who’d bought the stock just five years ago paid about $35 per share. Today, it trades for about $103.  He sees it moving pretty much been a steady upward trend.

There is some dispute within the waste management industry if it is recession proof.  The solid waste industry is generally considered to be recession resistant, because waste collection and disposal services are needed in both good and bad times. But the recession that began in 2008 hurt both the private and public sectors of the industry.  In 2009, American Recycler ran an article on the impacts on the recession on the waste industry.  In the article, Bruce Parker, president and chief executive officer of the Washington D.C.–based National Solid Waste Management Association stated unlike some of the less severe recessions during the last half of the 20th century, declines in volumes this time are impacting the entire solid waste industry, said . He added that the current recession is the “most steep and complex recession” since the Great Depression, which started in 1929.