The Latin America, Middle East and Africa Recycled Glass Market would witness market growth of 6.7% CAGR during the forecast period (2019-2025).
The recycled glass product, cullet, is exceptionally helpful during glass recycling. Cullet enables glassmakers to minimize raw material requirements. Sand (primarily silica, SiO2) and limestone (CaCO3) as well as sodium carbonate (also known as soda ash, Na2CO3), are major components for glass production. One kilogram of cullet replaces 1.2 kilograms of raw material, helping to save energy expenses to manufacturers. Despite the long list of advantages offered by cullet, glassmakers have restricted the use of recycled material at manageable costs. Clean, furnace-ready form of cult needs a great deal of processing and ineffective processing. The use of recycled glass in various applications is, therefore, restricted.
Based on Product Type, the market is segmented into Cullet, Crushed Glass and Glass Powder. Based on Application, the market is segmented into Bottle & Container, Flat Glass, Fiber Glass, Highway Beads and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Strategic Materials, Inc. (LittleJohn & Co.), Momentum Recycling LLC, Glass Recycled Surfaces, Inc., Coloured Aggregates, Inc., Harsco Corporation, Vetropack Holding Ltd., Ngwenya Glass, Gallo Glass Company (E & J Gallo Winery), Owens Illinois, Inc., and Heritage Glass, Inc.
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