Europe Recycled Glass Market Identifying Roles and Objectives In Coming Years till 2028

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.

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. 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.

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

Recycled glass in Europe is part of a growing movement toward sustainability and circular economy practices. Many European countries have robust systems in place for recycling glass, and they are recognized as leaders in glass recycling worldwide.

Here are some key aspects of Europe's recycled glass industry:

1. High Recycling Rates

• Glass Recycling in Europe: Europe has one of the highest glass recycling rates globally, with many countries achieving rates above 70%. Some countries, like Belgium and the Netherlands, boast even higher rates, often exceeding 90%.
• The European Union (EU) set a target to recycle 70% of packaging waste by 2030, which includes glass containers. This aligns with the EU's broader goal of promoting a circular economy.

2. Circular Economy Principles

• Closed-Loop System: Glass is 100% recyclable without loss of quality. This makes it an ideal material for a circular economy where glass containers can be reused and refilled, contributing to a reduction in waste and the need for raw materials.
• Glass recycling in Europe is often part of deposit return schemes (DRS), where consumers return bottles for reuse, minimizing waste and saving energy.

3. Recycling Infrastructure

• European countries have sophisticated glass recycling systems. For example:
• Germany is known for its "Pfand" system, where consumers pay a deposit on bottles and can return them for a refund. This helps ensure high collection and recycling rates.
• Sweden and Norway have advanced bottle-return programs and are often praised for their efficiency in glass collection.
• Collection Methods: Glass is typically collected through curbside recycling programs, bring banks (collection points), or deposit return schemes.

4. Benefits of Glass Recycling

• Environmental Impact: Recycling glass reduces energy consumption, as it takes less energy to recycle glass than to produce new glass from raw materials. It also reduces the need for natural resources like sand, soda ash, and limestone.
• Economic Impact: The recycled glass industry supports jobs in the recycling, sorting, and manufacturing sectors. Additionally, the use of recycled glass in new products reduces costs for manufacturers.

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