Growing Awareness of Sustainable Construction Practices Driving Market Growth
Category: Chemicals & Materials Published Date : Feb-23 ID: CVC-36524 Format: PDF Pages: 275
According to a research survey conducted by ChemView Consulting, Recycled Glass Aggregates Market is estimated to be worth US$ 3,707.61 Bn in 2023. The market is expected to grow at a CAGR of 6.40% between 2023 and 2033 to hit US$ 6,894.62 Bn by 2033 end.
As the world becomes more conscious of the impact of traditional construction materials on the environment, recycled glass aggregates are gaining popularity as a sustainable alternative. These aggregates are made from crushed, processed, and graded waste glass and can be used as a replacement for traditional aggregate materials in a variety of construction applications, including roads, pavements, and building foundations. This trend is expected to continue in the future, as more companies look for ways to reduce their carbon footprint and meet sustainability goals.
With the circular economy gaining traction, the demand for sustainable materials is on the rise. Recycled glass aggregates offer a solution to the problem of waste disposal, as they can be made from a variety of sources, including post-consumer glass, industrial waste, and demolition debris. In the future, advancements in technology and processing methods are expected to make recycled glass aggregates even more versatile and cost-effective, opening new opportunities for their use in everything from landscaping to filtration systems. This trend is poised to drive the growth of the recycled glass aggregates market in the years to come, as more businesses and consumers embrace sustainable practices.
The global construction industry is witnessing a paradigm shift towards sustainable practices, driven by the need to reduce carbon emissions and environmental impact. As a result, the demand for recycled construction materials such as recycled glass aggregates is on the rise. Recycled glass aggregates are created by crushing glass waste and converting it into small granules that can be used as a replacement for traditional construction materials like gravel and sand.
The use of recycled glass aggregates in construction has been limited by the lack of suitable technologies for processing glass waste. However, with recent advancements in technology, the market for recycled glass aggregates is witnessing a surge in innovation. New technologies are being developed to improve the quality and consistency of recycled glass aggregates, making them more viable as a replacement for traditional construction materials.
After conducting a thorough analysis of the Recycled Glass Aggregates Market, we have identified the top three trending segments in the industry. These segments are experiencing high demand, strong market growth, and widespread adoption.
Glass Cullet Recycled Glass Aggregates have emerged as the most popular choice in the Recycled Glass Aggregates Market for Commercial End Use. These aggregates are made from recycled glass cullet, providing an eco-friendly and sustainable alternative to traditional construction materials. The high-quality and durability of glass cullet aggregates make them the preferred choice for commercial builders seeking cost-effective and environmentally conscious solutions for their construction projects.
Glass Fines Recycled Glass Aggregates are the most selling product in the Recycled Glass Aggregates Market for Industrial End Use. These aggregates are made from finely crushed recycled glass, providing a unique texture and aesthetic appeal to concrete, asphalt, and other industrial applications. The excellent compressive strength and resistance to weathering of glass fines aggregates make them the go-to choice for industrial manufacturers seeking reliable and effective solutions for their construction projects.
Glass Cullet Recycled Glass Aggregates are gaining significant traction in the Recycled Glass Aggregates Market for Residential End Use. These aggregates are made from recycled glass cullet and offer a unique visual appeal to driveways, walkways, and landscaping applications. The versatility and eco-friendliness of glass cullet aggregates make them the trending choice for homeowners seeking sustainable and stylish solutions for their residential projects.
The key driver for the growth of the recycled glass aggregates market in the Asia Pacific region is the cost-effectiveness of this material. Recycled glass aggregates are relatively cheaper than traditional construction materials, such as natural stone and gravel, making them an attractive option for infrastructure projects.
The increasing demand for green infrastructure is fueling the growth of the recycled glass aggregates market in North America. Green infrastructure refers to the use of natural systems and materials in construction projects to minimize the environmental impact of urban development. Recycled glass aggregates are a key component of green infrastructure as they are sustainable, cost-effective, and have a low environmental impact. The North American recycled glass aggregates market is expected to grow significantly in the coming years as more cities and municipalities adopt green infrastructure practices to mitigate the effects of climate change.
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Research Scope/Taxonomy
Market Analysis by Resin Type:
Market Analysis by Basis of End use:
Market analysis by region:
Key Companies Profiled
1.1. Global Market Snapshot
1.2. Key Success Factors
1.3. Strategic Analysis and Recommendations
2.1. Market Taxonomy
2.2. Market Definitions
3.1. Preliminary Investigation & Research Design
3.2. Secondary Research & Primary Research
3.3. Data Analysis & Econometric Modelling
3.4. Expert Data Validation
4.1. Supply-Side Trends
4.2. Demand-Side Trends
5.1. Global Market Value (US$ Mn) Analysis, 2017 – 2032
5.2. Incremental $ Opportunity Index, 2022-2032
5.3. Global Market Volume (Tons) Analysis, 2017 – 2032
6.1. Regional Level Pricing Analysis and Forecast
6.1.1. Manufacturers Level Pricing
6.1.2. Distributor Level Pricing
6.2. Global Pricing Analysis Benchmark
6.3. Cost Breakdown Analysis
7.1. Cross Analysis of Resin Type W.R.T. End use
8.1. Regional Supply Vs. Demand Gap Assessment
8.2. Top Producing Countries Analysis
9.1. Macroeconomic Factors
9.2. Forecast Factors
9.3. Market Dynamics
9.3.1. Driver
9.3.2. Restraint
9.3.3. Opportunity
9.4. Supply Chain Analysis
9.4.1. List Raw Material Suppliers
9.4.2. List of Manufacturers
9.4.3. List of Distributors
9.4.4. List of End-Users
9.4.5. End-Users Consumption Analysis
9.4.6. Average Profitability Margin Analysis
9.5. Covid-19 Impact Assessment
9.5.1. Economy/Cluster Projections
9.5.2. Covid-19 Economic Assessment
9.5.3. Impact on Target Market
9.5.4. Recovery Scenario
9.6. Regulatory Framework
9.6.1. Regulations of Key Countries
9.6.2. Potential Impact of Regulations
9.7. Porter’s Five Forces Analysis
9.8. Technology Landscape
10.1. Introduction
10.2. Key Market Trends
10.3. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Resin Type [Value (US$ Mn) and Volume (Tons) Analysis]
10.3.1. Glass cullet recycled glass aggregates
10.3.2. Glass fines recycled glass aggregates
10.4. Market Attractiveness Analysis by Resin Type
11.1. Introduction
11.2. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By End use [Value (US$ Mn) and Volume (Tons) Analysis]
11.2.1. Commercial
11.2.2. Residential
11.2.3. Industrial
11.3. Market Attractiveness Analysis by End use
12.1. Introduction
12.2. Key Market Trends
12.3. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Region [Value (US$ Mn) and Volume (Tons) Analysis]
12.3.1. North America
12.3.2. Latin America
12.3.3. Europe
12.3.4. Asia-Pacific
12.3.5. Middle East
12.3.6. Africa
12.4. Market Attractiveness Analysis by Region
13.1. Introduction
13.2. Key Market Trends
13.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
13.3.1. By Country
13.3.1.1. U.S.
13.3.1.2. Canada
13.3.2. By Resin Type
13.3.3. By End use
13.4. Market Attractiveness Analysis
13.4.1. By Country
13.4.2. By Resin Type
13.4.3. By End use
14.1. Introduction
14.2. Key Market Trends
14.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
14.3.1. By Country
14.3.1.1. Brazil
14.3.1.2. Mexico
14.3.1.3. Rest of Latin America
14.3.2. By Resin Type
14.3.3. By End use
14.4. Market Attractiveness Analysis
14.4.1. By Country
14.4.2. By Resin Type
14.4.3. By End use
15.1. Introduction
15.2. Key Market Trends
15.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
15.3.1. By Country
15.3.1.1. Germany
15.3.1.2. Italy
15.3.1.3. France
15.3.1.4. UK
15.3.1.5. Spain
15.3.1.6. Netherlands
15.3.1.7. Norway
15.3.1.8. Russia
15.3.1.9. Rest of Europe
15.3.2. By Resin Type
15.3.3. By End use
15.4. Market Attractiveness Analysis
15.4.1. By Country
15.4.2. By Resin Type
15.4.3. By End use
16.1. Introduction
16.2. Key Market Trends
16.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
16.3.1. By Country
16.3.1.1. China
16.3.1.2. Japan
16.3.1.3. South Korea
16.3.1.4. India
16.3.1.5. Indonesia
16.3.1.6. Thailand
16.3.1.7. Vietnam
16.3.1.8. Australia & New Zealand
16.3.1.9. Rest of Asia-Pacific
16.3.2. By Resin Type
16.3.3. By End use
16.4. Market Attractiveness Analysis
16.4.1. By Country
16.4.2. By Resin Type
16.4.3. By End use
17.1. Introduction
17.2. Key Market Trends
17.3. Pricing Analysis
17.4. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
17.4.1. By Country
17.4.1.1. Saudi Arabia
17.4.1.2. Turkey
17.4.1.3. U.A.E.
17.4.1.4. Rest of the Middle East
17.4.2. By Resin Type
17.4.3. By End use
17.5. Market Attractiveness Analysis
17.5.1. By Country
17.5.2. By Resin Type
17.5.3. By End use
18.1. Introduction
18.2. Key Market Trends
18.3. Pricing Analysis
18.4. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
18.4.1. By Country
18.4.1.1. South Africa
18.4.1.2. Nigeria
18.4.1.3. Egypt
18.4.1.4. Rest of Africa
18.4.2. By Resin Type
18.4.3. By End use
18.5. Market Attractiveness Analysis
18.5.1. By Country
18.5.2. By Resin Type
18.5.3. By End use
19.1. Tier Structure Breakdown
19.2. Market Share Analysis
19.3. Resin Type Capacity Analysis
19.4. Company Footprint Analysis
19.4.1. Product Footprint of Players
19.4.2. Regional Footprint of Players
19.4.3. Channel Footprint of Players
19.5. Brand Preference Analysis
19.6. Competition Dashboard
20.1. Arim, Inc.
20.1.1. Company Overview
20.1.2. Product & Financial Portfolio
20.1.3. Manufacturing Facilities
20.1.4. Recent Developments
20.1.5. SWOT Analysis
20.1.6. Strategy Overview
20.2. Coloured Aggregates Inc.
20.3. K & B CRUSHERS
20.4. Conigliaro Industries
20.5. Heritage Glass, Inc
20.6. ASG Glass (American Specialty Glass)
20.7. Good Planet Laboratories
20.8. AeroAggregates, LLC.
20.9. EcoProCote
20.10. Canadian Recycled Glass