Recycled Glass Market: Europe exhibits Continual Growth

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Recycled Glass Market Europe exhibits Continual
Growth Glass is a versatile material. It is the
most common part of Municipal Solid Waste (MSW).
However, it does not decompose, and thus, it
becomes imperative to recycle it. Besides, it is
almost 100 recyclable and can be recycled
endlessly without losing its purity or
quality. Recycled glass helps reduce water and
air pollution by 50 and 20, respectively,
over making new glass. Accordingly, as per
Inkwood Research, the benefits of recycled glass
for the environment and the growing
sustainability awareness propel the global
recycled glass market growth at a revenue CAGR of
4.76. One of the key benefits of recycled glass
or glass recycling is the reduced energy demand.
Every ton of recycled glass saves more than a ton
of raw materials required to create new glass.
These include 380 pounds of limestone, 410 pounds
of soda ash, and 1300 pounds of sand. Besides,
80 of recycled glass ends up as new glass
containers. Thus, recycled glass is an ideal
production option in a 21st-century circular
economy. Particularly, with the worlds
continuous search for ways to minimize carbon
emissions, recycling is evaluated as intrinsic to
a circular economy.
Request a free sample of the Recycled Glass
Market Recycled Glass Europe projects Lucrative
Growth Prospects As per our evaluation, Europe is
the most promising region in the global recycled
glass market in terms of revenue share and CAGR
with regard to both revenue and volume. It is set
to record a revenue share of 41.82 and a CAGR of
5.01 by 2030. Heres why 1. Glass Container
has a 76 Collection Rate in Europe
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• As per the European Container Glass Federation
  (FEVE)s industry data, the EU-28 average
  collection for glass packaging/container
  projected a record rate of 76 in 2017. The
  leading countries were Slovenia, Switzerland,
  Austria, Denmark, Belgium, and Sweden, with more
  than 90 glass collection rates, while
  Luxembourg, the Netherlands, Italy, Ireland, and
  Germany trailed behind with over 80 collection
  rates.
• A majority of the 30 billion collected containers
  are sent to one of the 160 plants in Europe,
  making the glass packaging manufacturing industry
  a well-functioning circular economy.
• Additionally, glass recycling is a means of
  sustenance in the European Union (EU),
  maintaining 125,000 stable and local jobs. At the
  same time, FEVE states that more is required in
  countries like Greece, Bulgaria, Romania,
  Portugal, Hungary, Poland, and the United
  Kingdom, with each country needing its own
  focused and tailored strategy for enhanced
  recycling.
• Besides, used glass is the central resource for
  bottle-to-bottle production. It offers major
  economic, social, and environmental benefits for
  the value chain. Also, glass recycling enables
  the container glass industry to drastically
  minimize its environmental footprint by saving
  raw materials and energy.
• The leading market players in the Europe recycled
  glass market are Daniel Rosas SA, Everglass,
  Glass Recycling (UK) Ltd, etc.
• European Unions Close the Glass Loop Campaign
• Europes glass container manufacturing industrys
  Close the Glass Loop program is an
  industry-wide initiative to boost EU glass
  collection for recycling rates to 90 by 2030.
  This is in line with the new EU rules to raise
  the recycling rate of glass packaging to 75 by
  2030.
• It aims to bring together different glass
  collection and recycling stakeholders under one
  European platform. The objectives include
  enhancing the quality of recycled glass (cullet)
  and closing the collection gap so that the
  resources are conducive in a bottle-to-bottle
  manufacturing loop.
• The modern glass-making industry has built its
  supply chain around the recycled glass used to
  make new glass containers, propelling the demand
  for cullet. In addition, if 10 of natural raw
  materials are replaced by recycled glass cullet,
  it reduces the energy consumption of the glass
  production process by 3. As per our findings,
  cullet is the fastest-growing and
• largest revenue-generating product in the global
  recycled glass market, set to project a revenue
  CAGR of 4.86 and volume CAGR of 3.90.
• Cullet is one of the four ingredients used in the
  glass-making process. The other three are soda
  ash, limestone, and sand. Also, as per FEVE, the
  more availability of good quality cullet means a
  more resource-efficient production process. As a
  result, it makes for a premium level, safe, and
  truly recycled packaging material.
• Sweden Germany Europes Model Countries for
  Glass Recycling
• Sweden
• Sweden is considered a model country for glass
  recycling, recording more than 95 recycling
  rates in recent years. In particular, in 2017,
  21.5 kg of glass was recycled per inhabitant.
  Also, the country has a concentrated network of
  5000 collecting stations. Colored glass and white
  glass are collected separately. Additionally, the
  collection of glass is vastly accepted by the
  population.

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• Moreover, the glass collection and recycling in
  the country are managed by the Swedish Glass
  Recycling Organization, a member of the Swedish
  Packaging Federation (FTI).
• However, the country has only one glass
  processing plant in Hammar.
• Germany
• In Germany, as per the recovery Recycling
  Technology Worldwide trade magazine, around 1.88
  Mta of container glass was collected from private
  households alone in 2015.
• Also, as per the same source, the present
  collection infrastructure entails approximately
  300000 waste glass containers.
• Furthermore, the main input quantity for
  recycling waste glass comes from the dual waste
  collection systems. Besides, waste glass is the
  most important raw material for new glass
  packaging in Germany. Moreover, glass recycling
  is the chief supplier for new glass production.
• Whats Next for Europe?
• The increasing use of recycled glass and its
  energy-saving potential could become a cost-
  effective solution that supplements industrial
  rivalry in Europe, especially when flat glass
  manufacturers face high energy costs. Also, the
  increased share of recycled glass use in flat
  glass manufacturing can help save primary raw
  materials and avoid CO2 emissions. As per our
  analysis, flat glass is the fastest-growing
  application in the global recycled glass market,
  recording a revenue CAGR of 5.56.
• The recycled glass market in Europe is booming,
  aided by the improved concepts of glass
  collection containers. Moreover, the steady
  upward trend in the region is augmented by the
  rising environmental awareness and the continual
  efforts to improve glass recycling collection
  schemes by the European governments and the
  European Commission.
• FAQs
• Which is the fastest-growing country in the
  Europe recycled glass market?
• A France is the fastest-growing country in the
  Europe recycled glass market.
• Which is the largest application in the global
  recycled glass market?
• A Bottles Containers are the largest
  application in the global recycled glass market.