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.