Search for a report

Reports

  • You are here:
  • Home
  • Downloads
  • ASIA-PACIFIC RECYCLED GLASS MARKET FORECAST 2022-2030

ASIA-PACIFIC RECYCLED GLASS MARKET FORECAST 2022-2030

The Asia-Pacific recycled glass market is set to project a CAGR of 4.64% in terms of revenue and 3.74% in terms of volume during the forecast period, 2022-2030, and register a revenue of $1315.73 million by 2030.

ASIA-PACIFIC RECYCLED GLASS MARKET FORECAST 2022-2030

Asia-Pacific Recycled Glass Market by Product (Cullet, Crushed Glass, Glass Powder) Market by Application (Bottles & Containers, Flat Glass, Fiber Glass, Highway Beads, Other Applications) By Geography

Request free sample

The Asia-Pacific recycled glass market is set to project a CAGR of 4.64% in terms of revenue and 3.74% in terms of volume during the forecast period, 2022-2030, and register a revenue of $1315.73 million by 2030.

There is a growing demand for glass containers due to various advantages like reusable filling, recycling, and unlimited reuse, which have expanded its application in several industries. This is one of the key growth drivers of the recycled glass market growth in the region. Additionally, glass bottles and containers are primarily used in the alcoholic and non-alcoholic beverage industries, given their ability to sustain chemical inertness, non-permeability, and sterility. Besides, the rising reusability of containers and bottles trend, also termed as ‘recommerce,’ has facilitated the packaging companies to supply products in glass bottles and containers.

Asia Pacific Recycled Glass Market

To know more about this report, request a free sample copy

The Asia-Pacific recycled glass market growth evaluation includes the analysis of Vietnam, Thailand, Australia & New Zealand, Indonesia, South Korea, India, Japan, China, and Rest of Asia-Pacific. In China, the glass industry projected steady growth in 2020. The total annual output of flat glass climbed by 1.3%. At the same time, the country’s glass bottle recycling lacks corresponding regulations and laws to supplement enforcement. However, the recovery rate of glass packaging containers is low. The factors attributed are the inappropriately located recycling outlets, their small size, irregular operation, and improper machinery.

In South Korea, the average recycling rate of municipal waste was 41.2%. As per the United Nations, the country’s export of glassware and glass was around $1.987 million in 2020. Also, almost 56.3% of glass waste in the country was recycled in 2019. Additionally, glass bottles are frequently reused in South Korea. There are two glass bottle types, EPR (Extended Producer Responsibility) bottles and those returned to the store for a deposit refund. Such monetary incentives encourage glass recycling among consumers. For instance, in 2015, SuperBin, a Korean startup, developed ‘Nephron,’ a reverse vending machine that enables the recycling of glass and plastic bottles & cans.

The Asia-Pacific recycled glass market scope includes the analysis of product and application. The application segment includes highway beads, fiber glass, bottles & containers, flat glass, and other applications.

Recycled glass is an important application of the recycling market, encompassing dishware to building insulation. Recycled glass has multiple forms. Glass ground into sand-like wrecks, known as cullet, is ideal for manufacturing fiber glass. There is a growing demand for fiber glass in insulation, bathtubs, computers, televisions, boats, and automobiles. Further, recycled glass is the most cost-effective form of glass for fiber glass production. Moreover, recycled glass is the optimal and most cost-effective option for fiber glass manufacturers.

Glass cullet is obtained from crushing waste glass collected in industrial and municipal waste streams. It is majorly used in new glass container manufacturing. However, only clear glass cullet can be used since the use of colored glass can incur costs during color sorting. The use of crushed glass is an alternative in the construction of civil infrastructure. The beads are sold for use in reflective paints for highway striping once the cullet is melted into rounded glass pellets. Additionally, it is used in cleaning metals and peening.

Some of the leading companies in the Asia-Pacific recycled glass market include Pace Glass, O-I Glass Inc, Ngwenya Glass, Reiling Group, etc.

O-I Glass Inc manufactures and sells glass containers to food & beverage manufacturers in Europe, Asia-Pacific, and the Americas. The company manufactures glass containers for alcoholic beverages, including wine, spirits, flavored malt beverages, and beer. Also, it is engaged in the production of glass packaging for several food items, pharmaceuticals, juices, tea, and soft drinks. The company has its headquarters in Perrysburg, Ohio.

Report Synopsis

Report Scope Details
Market Forecast Years 2022-2030
Base Year 2021
Market Historical Years 2018-2021
Forecast Units Revenue ($ Million)
Segments Analyzed Product, Application
Countries Analyzed Vietnam, Thailand, Australia & New Zealand, Indonesia, South Korea, India, Japan, China, and Rest of Asia-Pacific
Companies Analyzed

Coloured Aggregates Inc, Gallo Glass Company, Glass Recycled Surfaces, Harsco Corporation, Momentum Recycling, Ngwenya Glass, O-I Glass Inc, Pace Glass, Reiling Group, Strategic Materials Inc, Verallia, Vetropack Holding AG

To request a free sample copy of this report, please complete the form below:

We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.


    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • SCOPE OF STUDY
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY
      • MARKET SIZE & ESTIMATES
      • MARKET OVERVIEW
    3. MARKET DYNAMICS
      • KEY DRIVERS
        • RISING AWARENESS OF SUSTAINABLE DEVELOPMENT
        • FAVORABLE GOVERNMENT REGULATIONS
      • KEY RESTRAINTS
        • INEFFICIENCY IN RECYCLING
        • HIGH COSTS LEVIED ON RECYCLING PROCESSES
    1. KEY ANALYTICS
      • IMPACT OF COVID-19 ON RECYCLED GLASS MARKET
      • KEY MARKET TRENDS
      • PORTER’S FIVE FORCES ANALYSIS
        • BUYERS POWER
        • SUPPLIERS POWER
        • SUBSTITUTION
        • NEW ENTRANTS
        • INDUSTRY RIVALRY
      • OPPORTUNITY MATRIX
      • VENDOR LANDSCAPE
    2. MARKET BY PRODUCT (IN TERMS OF VALUE: $ MILLION & VOLUME: MILLION KG)
      • CULLET
      • CRUSHED GLASS
      • GLASS POWDER
    3. MARKET BY APPLICATION (IN TERMS OF VALUE: $ MILLION & VOLUME: MILLION KG)
      • BOTTLES & CONTAINERS
      • FLAT GLASS
      • FIBER GLASS
      • HIGHWAY BEADS
      • OTHER APPLICATIONS
    4. GEOGRAPHICAL ANALYSIS (IN TERMS OF VALUE: $ MILLION & VOLUME: MILLION KG)
      • ASIA-PACIFIC
        • MARKET SIZE & ESTIMATES
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • CHINA
          • JAPAN
          • INDIA
          • SOUTH KOREA
          • INDONESIA
          • THAILAND
          • VIETNAM
          • AUSTRALIA & NEW ZEALAND
          • REST OF ASIA-PACIFIC
    1. COMPETITIVE LANDSCAPE
      • KEY STRATEGIC DEVELOPMENTS
        • MERGERS & ACQUISITIONS
        • PRODUCT LAUNCHES & DEVELOPMENTS
        • PARTNERSHIPS & AGREEMENTS
        • BUSINESS EXPANSIONS & DIVESTITURES
      • COMPANY PROFILES
        • COLOURED AGGREGATES INC
        • GALLO GLASS COMPANY
        • GLASS RECYCLED SURFACES
        • HARSCO CORPORATION
        • MOMENTUM RECYCLING
        • NGWENYA GLASS
        • O-I GLASS INC
        • PACE GLASS
        • REILING GROUP
        • STRATEGIC MATERIALS INC
        • VERALLIA
        • VETROPACK HOLDING AG

    LIST OF TABLES

    TABLE 1: MARKET SNAPSHOT – RECYCLED GLASS

    TABLE 2: ASIA-PACIFIC RECYCLED GLASS MARKET, BY PRODUCT, HISTORICAL YEARS, 2018-2021 (IN MILLION KG)

    TABLE 3: ASIA-PACIFIC RECYCLED GLASS MARKET, BY PRODUCT, FORECAST YEARS, 2022-2030 (IN MILLION KG)

    TABLE 4: ASIA-PACIFIC RECYCLED GLASS MARKET, BY PRODUCT, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 5: ASIA-PACIFIC RECYCLED GLASS MARKET, BY PRODUCT, FORECAST YEARS, 2022-2030 (IN $ MILLION)

    TABLE 6: ASIA-PACIFIC RECYCLED GLASS MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2021 (IN MILLION KG)

    TABLE 7: ASIA-PACIFIC RECYCLED GLASS MARKET, BY APPLICATION, FORECAST YEARS, 2022-2030 (IN MILLION KG)

    TABLE 8: ASIA-PACIFIC RECYCLED GLASS MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 9: ASIA-PACIFIC RECYCLED GLASS MARKET, BY APPLICATION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

    TABLE 10: ASIA-PACIFIC RECYCLED GLASS MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN MILLION KG)

    TABLE 11: ASIA-PACIFIC RECYCLED GLASS MARKET, BY COUNTRY, FORECAST YEARS, 2022-2030 (IN MILLION KG)

    TABLE 12: ASIA-PACIFIC RECYCLED GLASS MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 13: ASIA-PACIFIC RECYCLED GLASS MARKET, BY COUNTRY, FORECAST YEARS, 2022-2030 (IN $ MILLION)

    TABLE 14: LEADING PLAYERS OPERATING IN ASIA-PACIFIC RECYCLED GLASS MARKET

    TABLE 15: LIST OF MERGERS & ACQUISITIONS

    TABLE 16: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

    TABLE 17: LIST OF PARTNERSHIPS & AGREEMENTS

    TABLE 18: LIST OF BUSINESS EXPANSIONS & DIVESTITURES          

    LIST OF FIGURES

    FIGURE 1: KEY MARKET TRENDS

    FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

    FIGURE 3: OPPORTUNITY MATRIX

    FIGURE 4: VENDOR LANDSCAPE

    FIGURE 5: ASIA-PACIFIC RECYCLED GLASS MARKET, GROWTH POTENTIAL, BY PRODUCT, IN 2021

    FIGURE 6: ASIA-PACIFIC RECYCLED GLASS MARKET, BY CULLET, 2022-2030 (IN $ MILLION)

    FIGURE 7: ASIA-PACIFIC RECYCLED GLASS MARKET, BY CRUSHED GLASS, 2022-2030 (IN $ MILLION)

    FIGURE 8: ASIA-PACIFIC RECYCLED GLASS MARKET, BY GLASS POWDER, 2022-2030 (IN $ MILLION)

    FIGURE 9: ASIA-PACIFIC RECYCLED GLASS MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2021

    FIGURE 10: ASIA-PACIFIC RECYCLED GLASS MARKET, BY BOTTLES & CONTAINERS, 2022-2030 (IN $ MILLION)

    FIGURE 11: ASIA-PACIFIC RECYCLED GLASS MARKET, BY FLAT GLASS, 2022-2030 (IN $ MILLION)

    FIGURE 12: ASIA-PACIFIC RECYCLED GLASS MARKET, BY FIBER GLASS, 2022-2030 (IN $ MILLION)

    FIGURE 13: ASIA-PACIFIC RECYCLED GLASS MARKET, BY HIGHWAY BEADS, 2022-2030 (IN $ MILLION)

    FIGURE 14: ASIA-PACIFIC RECYCLED GLASS MARKET, BY OTHER APPLICATIONS, 2022-2030 (IN $ MILLION)

    FIGURE 15: ASIA-PACIFIC RECYCLED GLASS MARKET, COUNTRY OUTLOOK, 2021 & 2030 (IN %)

    FIGURE 16: CHINA RECYCLED GLASS MARKET, 2022-2030 (IN $ MILLION)

    FIGURE 17: JAPAN RECYCLED GLASS MARKET, 2022-2030 (IN $ MILLION)

    FIGURE 18: INDIA RECYCLED GLASS MARKET, 2022-2030 (IN $ MILLION)

    FIGURE 19: SOUTH KOREA RECYCLED GLASS MARKET, 2022-2030 (IN $ MILLION)

    FIGURE 20: INDONESIA RECYCLED GLASS MARKET, 2022-2030 (IN $ MILLION)

    FIGURE 21: THAILAND RECYCLED GLASS MARKET, 2022-2030 (IN $ MILLION)

    FIGURE 22: VIETNAM RECYCLED GLASS MARKET, 2022-2030 (IN $ MILLION)

    FIGURE 23: AUSTRALIA & NEW ZEALAND RECYCLED GLASS MARKET, 2022-2030 (IN $ MILLION)

    FIGURE 24: REST OF ASIA-PACIFIC RECYCLED GLASS MARKET, 2022-2030 (IN $ MILLION)       

    1. GEOGRAPHICAL ANALYSIS (IN TERMS OF VALUE: $ MILLION & VOLUME: MILLION KG)
      • ASIA-PACIFIC
        • MARKET SIZE & ESTIMATES
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • CHINA
          • JAPAN
          • INDIA
          • SOUTH KOREA
          • INDONESIA
          • THAILAND
          • VIETNAM
          • AUSTRALIA & NEW ZEALAND
          • REST OF ASIA-PACIFIC
    1. MARKET BY PRODUCT (IN TERMS OF VALUE: $ MILLION & VOLUME: MILLION KG)
      • CULLET
      • CRUSHED GLASS
      • GLASS POWDER
    2. MARKET BY APPLICATION (IN TERMS OF VALUE: $ MILLION & VOLUME: MILLION KG)
      • BOTTLES & CONTAINERS
      • FLAT GLASS
      • FIBER GLASS
      • HIGHWAY BEADS
      • OTHER APPLICATIONS

    To request a free sample copy of this report, please complete the form below :

    We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.


      Choose License Type

      Buy Now