According to the research report titled ‘Recycled Glass Market Size By Source (Deposit Program, Drop Off/Buy Back Centers, Curbside Pickups), By Product (Cullet [Clear Cullet, Amber Cullet, Green Cullet], Crushed Glass, Glass Powder), By Application (Glass Bottle & Containers, Flat Glass, Fiber Glass, Highway Beads, Abrasives, Fillers), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2026’, available with MarketStudyReport, global recycled glass market is projected to exceed USD 4.5 billion in valuation by the year 2026.
 

Rising public cognizance about waste management and recycling along with growing usage of glass cullet in glass manufacturing are prime factors fueling global recycled glass market growth.
 

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For the uninitiated, glass is made mostly of silica, soda ash, limestone, and various additives. Melting activities produce a variety of hazardous gases, including carbon dioxide, nitrogen oxide, and Sulphur dioxide.
 

It is also worth mentioning here that recycled glass can effectively replace these materials while also increasing the manufacturing process' productivity. It can aid in the conservation of raw materials and reduce mining expenses.
 

Based on source gamut, the report cites that the global recycled glass market size from the curbside pickups segment is projected to exhibit a CAGR of around 7.5% between 2019 and 2026. Curbside pickups are convenient and help to keep the neighborhood tidy.
 

As per the product type, the recycled glass powder market segment is estimated to be worth more than USD 230 million by 2026. It is used in concrete as a fine aggregate to increase compressive strength, which in turn is contributing towards its popularity.
 

As per application scope, flat glass segment of worldwide recycled glass industry is expected to reach USD 600 million valuation by 2026, creditable to increasing usage in manufacturing of mirrors, architectural structures, and window glasses.
 

Meanwhile, worldwide recycled glass market share from highway beads segment is predicted to expand at a CAGR of over 7% within the projection period. Recycled glass beads are used to improve the visibility of road markings and assure the safety of road users.
 

Geographically, North America is projected to account for a significant volume share by 2026, with local bodies offering various funding and grants to glass recycling businesses.
 

On the other hand, Europe is speculated to emerge as a major avenue for market players, owing to favorable government policies and easy availability of modern recycling infrastructures in the region.   
 

Major companies dictating global recycled glass market dynamics are Consol Glass (Pty) Ltd., Black Beauty Abrasives, G.R.L. Glasrecycling N.V., Gallo Glass Company, Trivitro Corporation, Coloured Aggregates Inc., Vitro Minerals Inc., Harsco Minerals International, Momentum Recycling LLC, Glass Recycled Surfaces, Dlubak Glass Company, and Vetropack Holding Ltd., among others.