The global recycled glass market will grow at a compound annual rate of 7.0% in 2025 recycled gl -ass is to separate the waste glass according to the chemical composition.According to tne use situati -on and local processing capacity,the recycled glass is separated into different colors and processed in -to usable glass products.The processing and use of recycled glass can save raw materials and reduce energy consumption.
There are two types of recycled glass;container glass and building glass.According to the research results,container glass accounted for 35.24 percent of the recycled glass market in 2017,while building glass accounted for 60.8 percent.With the continuous development of economy,these industries will need more recycled glass,and the future market has great potential.
The global market for recycled glass reached$2.61 billion in 2018 and is expected to reach $4.19 billion by 2025,with an annual compound growth rate of 7.0 percent.
