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.
📚 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲@ https://www.businessmarketinsights.com/sample/BMIRE00025563
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
📚𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 𝐋𝐢𝐧𝐤 @ https://www.businessmarketinsights.com/reports/europe-recycled-glass-market
𝐓𝐡𝐞 𝐋𝐢𝐬𝐭 𝐨𝐟 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬
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.
𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:
Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications
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Author: Akash Gharge
𝐀𝐛𝐨𝐮𝐭 𝐔𝐬: Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications
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