Solar Cullet Market Size, Trends and Insights By Source (Solar Panels, Solar Collectors), By Separation Process (Thermal, Mechanical, Chemical), By Application (Aggregate Replacement, Abrasives, Fiberglass Insulation, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032


Report Code: CMI25458

Published Date: July 2023

Pages: 220+

Category: Advanced Materials

Report Snapshot

CAGR: 18.65%
12.5M
2022
14.5M
2023
70.1M
2032

Source: CMI

Study Period: 2023-2032
Fastest Growing Market: Asia-Pacific
Largest Market: Europe

Major Players

  • Owens-Illinois Inc.
  • Saint-Gobain S.A.
  • AGC Inc.
  • Ardagh Group S.A.
  • Vetropack Holding AG
  • Others

Exclusive, in-depth market intelligence can help you increase your Revenue.

Download Sample Pdf

Reports Description

As per the current market research conducted by CMI Team, the global Solar Cullet Market is expected to record a CAGR of 18.65% from 2023 to 2032. In 2022, the market size is projected to reach a valuation of USD 12.5 million. By 2032, the valuation is anticipated to reach USD 70.1 million.

List of Top 10 Countries Solar Panels Installed In 2019, 2020 and 2021

Country 2019 2020 2021
China  45.2 GW  54.9 GW  62.4 GW
United States  13.4 GW  15.5 GW  17.6 GW
Japan  10.3 GW  11.6 GW  12.9 GW
India  9.7 GW  11.1 GW  12.5 GW
Germany  7.5 GW  8.7 GW  9.9 GW
Italy  4.3 GW  5.0 GW  5.7 GW
Spain  4.0 GW  4.7 GW  5.4 GW
Australia  3.7 GW  4.4 GW  5.1 GW
South Korea  3.5 GW  4.2 GW  4.9 GW

Source: According to CMI Market Research Team Analysis

The solar cullet market refers to the industry involved in the production, supply, and utilization of recycled or crushed glass materials used in the manufacturing of solar panels. It encompasses the collection, processing, and distribution of solar cullet, which plays a crucial role in the renewable energy sector.

Sustainability goals, rising demand for renewable energy sources, and a focus on lowering carbon emissions are driving the solar cullet business. It functions within the context of the renewable energy industry, and is influenced by factors such as government legislation, technology improvements, and customer preferences.  Key trends in the solar cullet market include the growing adoption of solar energy systems, government initiatives supporting renewable energy, advancements in recycling technologies, and a focus on sustainability and circular economy practices.

Additionally, trends such as cost reduction in solar energy systems and technological advancements in manufacturing processes play a significant role in driving the market’s growth and development.

Solar Cullet Market – Significant Growth Factors

The Solar Cullet Market presents significant growth opportunities due to several factors:

  • Technological Advancements and Cost Reduction: Technological advancements in solar panel manufacturing and recycling processes contribute to cost reduction and improved efficiency. These advancements make solar energy more competitive with conventional energy sources. As technology evolves and manufacturing costs decrease, the solar cullet market benefits from increased affordability and wider adoption of solar energy systems.
  • Growing Global Solar Energy Installations: The increasing installation of solar energy systems across the globe presents a significant opportunity for the solar cullet market. As more countries and industries embrace solar power, the demand for solar cullet as a sustainable and cost-effective raw material for solar panel production will continue to rise.
  • Expansion of Recycling and Circular Economy Practices: The emphasis on sustainability and circular economy practices presents an opportunity for the solar cullet market. By promoting the recycling and reuse of glass materials in the manufacturing process, the market can contribute to reducing waste and minimizing the environmental impact of solar panel production. This aligns with the growing consumer and industry preference for eco-friendly solutions.
  • Market Penetration in Emerging Economies: Emerging economies with increasing energy demands present untapped potential for the solar cullet market. As these countries focus on developing their renewable energy infrastructure, there is an opportunity for solar cullet suppliers to enter and establish themselves in these markets. By partnering with local stakeholders and leveraging government support, companies can expand their reach and tap into the growing demand for solar energy solutions.

Solar Cullet Market – Mergers and Acquisitions

The Solar Cullet Market has seen several mergers and acquisitions in recent years, with companies seeking to expand their market presence and leverage synergies to improve their product offerings and profitability. Some notable examples of mergers and acquisitions in the Solar Cullet Market include:

  • Corning Inc. and Owens Corning (2019): Corning Inc., a leading glass manufacturer, formed a partnership with Owens Corning, a global building materials company, in 2019. The collaboration aimed to develop advanced glass solutions for solar energy applications, including the use of solar cullet in the manufacturing process.
  • Nippon Electric Glass Co. Ltd. and First Solar (2020): Nippon Electric Glass, a Japanese glass manufacturer, partnered with First Solar, a leading solar panel manufacturer, in 2020. This collaboration focused on the development and supply of glass substrates for First Solar’s advanced thin-film solar modules, which utilize recycled glass and solar cullet.
  • Owens-Illinois Inc. Acquires Nueva Fanal (2018): Owens-Illinois, a leading glass container manufacturer, acquired Nueva Fanal, a glass manufacturing company based in Mexico, in 2018. This acquisition expanded Owens-Illinois’ production capabilities, including the supply of solar cullet, and strengthened its position in the solar energy market.
  • Saint-Gobain Acquires Electrotherm’s Solar Glass Business (2019): Saint-Gobain, a multinational construction materials company, acquired the solar glass business of Electrotherm, an Indian engineering and manufacturing company, in 2019. This acquisition enabled Saint-Gobain to enhance its portfolio of glass solutions for the solar industry, including products utilizing recycled glass and solar cullet.
  • AGC Inc. Acquires CMC Biotech (2020): AGC Inc., a global glass manufacturer, acquired CMC Biotech, a glass recycling company, in 2020. This acquisition strengthened AGC’s recycling capabilities and supply chain for glass raw materials, including solar cullet. It further supported AGC’s commitment to sustainability and resource efficiency in the solar energy sector.

These mergers and acquisitions have helped companies expand their product offerings, improve their market presence, and capitalize on growth opportunities in the Solar Cullet Market. The trend is expected to continue as companies seek to gain a competitive edge in the market.

COMPARATIVE ANALYSIS OF THE RELATED MARKET

Solar Cullet Market Renewable Energy Certificate Market Solar Energy Market
CAGR 26.2% (Approx) CAGR 27.2% (Approx) CAGR 7% (Approx)
USD 2.1 million by 2032 USD 110.94 Billion by 2030 USD 300 Billion by 2030

Solar Cullet Market – Significant Threats

The Solar Cullet Market faces several significant threats that could impact its growth and profitability in the future. Some of these threats include:

  • Fluctuating Raw Material Supply: The availability and cost of raw materials for solar cullet production, such as recycled glass, can be subject to fluctuations. Variations in the recycling rates, collection infrastructure, and the quality of glass available for recycling pose threats to the stable supply of solar cullet, which could impact the market.
  • Competition from Alternative Materials: While solar cullet offers environmental benefits and cost advantages, there is potential competition from alternative materials used in solar panel manufacturing. Emerging technologies and materials, such as thin-film solar cells or other advanced semiconductor materials, may pose threats to the demand for traditional glass-based solar panels and, consequently, solar cullet.
  • Trade Disputes and Tariffs: International trade disputes and the imposition of tariffs on solar panel components and materials can significantly impact the solar cullet market. Trade barriers, such as import duties or anti-dumping measures, can disrupt supply chains, increase costs, and hinder market growth, leading to uncertainties and challenges for solar cullet suppliers and manufacturers.
  • Technological Advancements: While technological advancements drive market growth, they also present threats to the solar cullet market. Breakthroughs in solar panel manufacturing techniques or the development of alternative solar energy technologies could render traditional glass-based panels less competitive, reducing the demand for solar cullet as a raw material.
  • Economic Factors and Market Volatility: Economic downturns, fluctuations in currency exchange rates, and global market volatility can impact the solar cullet market. Uncertainties in the financial and investment climate can lead to project delays or cancellations, reducing the demand for solar panel installations and affecting the demand for solar cullet. Economic factors and market conditions need to be closely monitored to mitigate these threats.

Report Scope

Feature of the Report Details
Market Size in 2023 USD 14.5 Million
Projected Market Size in 2032 USD 70.1 Million
Market Size in 2022 USD 12.5 Million
CAGR Growth Rate 18.65% CAGR
Base Year 2022
Forecast Period 2023-2032
Key Segment By Source, Separation Process, Application and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options Request tailored purchasing options to fulfil your requirements for research.

Category-Wise Insights

By Source:

  • Solar Panels: Solar panels are devices that convert sunlight into electricity using photovoltaic cells. In the solar cullet market, solar panels serve as the primary end-use application, where solar cullet is utilized as a key material for their manufacturing. The trends in solar panels include increasing efficiency, cost reduction, and advancements in manufacturing processes, driving the demand for solar cullet.
  • Solar Collectors: Solar collectors are devices that capture solar energy for heating purposes, such as water heating or space heating. While solar collectors may not directly utilize solar cullet as a material, the market for solar collectors indirectly impacts the solar cullet market. The trends in solar collectors include improved thermal efficiency, integration with energy storage systems, and increased adoption in residential and commercial buildings, driving the overall demand for solar cullet in the renewable energy sector.

Global Solar Cullet Market 2023–2032 (By Million)

www.custommarketinsight.com

By Separation Process

  • Thermal Separation Process: In the solar cullet market, thermal separation processes involve the use of heat to separate and purify glass materials. This method helps in removing impurities and contaminants from recycled glass, improving its quality for use in solar panel manufacturing. The trend in thermal separation processes includes advancements in energy-efficient heating technologies and improved heat recovery systems.
  • Mechanical Separation Process: Mechanical separation processes in the solar cullet market involve crushing, grinding, and sieving to separate glass fragments and achieve desired particle sizes. The trend in mechanical separation processes includes the development of more efficient crushing and grinding equipment, automation technologies, and improved screening techniques to optimize the quality and consistency of solar cullet.
  • Chemical Separation Process: Chemical separation processes in the solar cullet market utilize chemical treatments to remove impurities from glass materials. These processes help in achieving higher purity levels and enhancing the optical properties of the cullet for solar panel production. The trend in chemical separation processes involves the use of environmentally friendly chemicals, process optimization, and waste reduction to align with sustainability goals.

By Application

  • Aggregate Replacement: Solar cullet is used as a substitute for traditional aggregates in various construction applications, such as road construction and concrete production. This trend is driven by the need for sustainable construction practices and the desire to reduce the environmental impact of infrastructure projects.
  • Abrasives: Solar cullet is processed into fine particles and serves as an effective abrasive material in various industries. The use of solar cullet as an abrasive offers several advantages, including its hardness, uniformity, and recyclability. This trend aligns with the shift towards sustainable and environmentally friendly manufacturing processes. By replacing conventional abrasive materials with solar cullet, industries can reduce waste generation and decrease the reliance on non-renewable resources.
  • Fiberglass Insulation: Solar cullet plays a crucial role in the production of fiberglass insulation, which is widely employed for thermal and acoustic insulation in buildings. By incorporating solar cullet into the manufacturing process, the insulation industry reduces the reliance on virgin glass, lowers energy consumption, and supports a circular economy. The trend towards using solar cullet in fiberglass insulation aligns with the growing emphasis on energy efficiency and sustainability in the construction sector.
  • Others: Solar cullet finds diverse applications in various industries. For instance, it is utilized in the manufacturing of glass beads, ceramic products, and decorative items. These applications highlight the versatility of solar cullet and its potential to contribute to sustainable manufacturing practices across different sectors. The adoption of solar cullet in these miscellaneous applications further promotes resource conservation, waste reduction, and the utilization of recycled materials.

Global Solar Cullet Market 2023–2032 (By Source)

www.custommarketinsight.com

Solar Cullet Market – Regional Analysis

The Solar Cullet Market is segmented into various regions, including North America, Europe, Asia-Pacific, and LAMEA. Here is a brief overview of each region:

  • North America: In North America, the solar cullet market is witnessing a trend of increased adoption of solar energy systems, driven by government incentives and the growing demand for renewable energy sources. There is also a focus on sustainable construction practices, including the use of solar cullet as aggregate replacement and in the production of energy-efficient building materials. Some of the dominating market players in North America’s solar cullet market include Owens-Illinois Inc., Vetropack Holding AG, and Ardagh Group S.A.
  • Europe: In Europe, the solar cullet market is influenced by strict regulations and initiatives aimed at reducing carbon emissions and promoting sustainable development. The trend is towards circular economy practices, with a focus on recycling and the use of solar cullet in various applications, including glass manufacturing, construction, and energy-efficient building solutions. Key market players in Europe’s solar cullet market include Saint-Gobain S.A., AGC Inc., and Şişecam Group.
  • Asia-Pacific: In the Asia-Pacific region, the solar cullet market is driven by the rapid expansion of the solar energy sector, particularly in countries like China, Japan, and India. The trend is towards increasing investments in solar panel installations, government support for renewable energy projects, and the development of sustainable manufacturing practices utilizing solar cullet. Leading market players in the Asia-Pacific solar cullet market include Nippon Electric Glass Co., Ltd., Heinz-Glas Holding GmbH, and China Glass Holdings Limited.
  • LAMEA: In the LAMEA region, the solar cullet market is witnessing a growing trend of solar energy adoption, driven by favourable government policies, increasing awareness of sustainability, and the need for energy diversification. The trend is towards the development of local manufacturing capabilities for solar panel production, including the utilization of solar cullet to promote resource efficiency and reduce waste. Some of the dominant market players in the LAMEA solar cullet market include Vitro S.A.B. de C.V., Gerresheimer AG, and National Nail Associates (NNA).

Global Solar Cullet Market 2023–2032 (By Separation Process)

www.custommarketinsight.com

Competitive Landscape – Solar Cullet Market

The Solar Cullet Market is highly competitive, with a large number of manufacturers and retailers operating globally. Some of the key players in the market include:

  • Owens-Illinois Inc.
  • Saint-Gobain S.A.
  • AGC Inc.
  • Ardagh Group S.A.
  • Vetropack Holding AG
  • Gerresheimer AG
  • Vitro S.A.B. de C.V.
  • Nihon Yamamura Glass Co. Ltd.
  • Şişecam Group
  • Heinz-Glas Holding GmbH
  • Others

These companies operate in the market through various strategies such as product innovation, mergers and acquisitions, and partnerships. For example, In 2021, Ardagh Group, a packaging company, announced a partnership with Solar Philippines, a solar energy solutions provider, in 2021. The collaboration aimed to establish a reliable supply chain for solar cullet in the Philippines, supporting Solar Philippines’ goal of promoting renewable energy through sustainable manufacturing practices.

In the solar cullet market, new players adopting innovation and development to enter the market include emerging companies focusing on recycling technologies, advanced glass manufacturing processes, and sustainable practices. These new players aim to introduce novel solutions, enhance efficiency, and promote circular economy principles in solar cullet production.

Dominating the market are key players with established positions and expertise. They have extensive manufacturing capabilities, robust supply chains, and strong customer networks. These dominant players often possess significant research and development capabilities to drive innovation and maintain a competitive edge. Their market dominance is reinforced by strategic partnerships, government collaborations, and a proven track record of delivering high-quality solar cullet products to meet market demand.

The Solar Cullet Market is segmented as follows:

By Source

  • Solar Panels
  • Solar Collectors

By Separation Process

  • Thermal
  • Mechanical
  • Chemical

By Application

  • Aggregate Replacement
  • Abrasives
  • Fiberglass Insulation
  • Others

Regional Coverage:

North America

  • U.S.
  • Canada
  • Mexico
  • Rest of North America

Europe

  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

Table of Contents

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market research methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Solar Cullet Market, (2023 – 2032) (USD Million)
    • 2.2 Global Solar Cullet Market : snapshot
  • Chapter 3. Global Solar Cullet Market – Industry Analysis
    • 3.1 Solar Cullet Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Technological Advancements and Cost Reduction
      • 3.2.2 Growing Global Solar Energy Installations
      • 3.2.3 Expansion of Recycling and Circular Economy Practices
      • 3.2.4 Market Penetration in Emerging Economies.
    • 3.3 Market Restraints
    • 3.4 Market Opportunities
    • 3.5 Market Challenges
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis By Source
      • 3.7.2 Market attractiveness analysis By Separation Process
      • 3.7.3 Market attractiveness analysis By Application
  • Chapter 4. Global Solar Cullet Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Solar Cullet Market: company market share, 2022
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Solar Cullet Market – Source Analysis
    • 5.1 Global Solar Cullet Market overview: By Source
      • 5.1.1 Global Solar Cullet Market share, By Source, 2022 and 2032
    • 5.2 Solar Panels
      • 5.2.1 Global Solar Cullet Market by Solar Panels , 2023 – 2032 (USD Million)
    • 5.3 Solar Collectors
      • 5.3.1 Global Solar Cullet Market by Solar Collectors, 2023 – 2032 (USD Million)
  • Chapter 6. Global Solar Cullet Market – Separation Process Analysis
    • 6.1 Global Solar Cullet Market overview: By Separation Process
      • 6.1.1 Global Solar Cullet Market share, By Separation Process, 2022 and 2032
    • 6.2 Thermal
      • 6.2.1 Global Solar Cullet Market by Thermal, 2023 – 2032 (USD Million)
    • 6.3 Mechanical
      • 6.3.1 Global Solar Cullet Market by Mechanical, 2023 – 2032 (USD Million)
    • 6.4 Chemical
      • 6.4.1 Global Solar Cullet Market by Chemical, 2023 – 2032 (USD Million)
  • Chapter 7. Global Solar Cullet Market – Application Analysis
    • 7.1 Global Solar Cullet Market overview: By Application
      • 7.1.1 Global Solar Cullet Market share, By Application, 2022 and 2032
    • 7.2 Aggregate Replacement
      • 7.2.1 Global Solar Cullet Market by Aggregate Replacement, 2023 – 2032 (USD Million)
    • 7.3 Abrasives
      • 7.3.1 Global Solar Cullet Market by Abrasives, 2023 – 2032 (USD Million)
    • 7.4 Fiberglass Insulation
      • 7.4.1 Global Solar Cullet Market by Fiberglass Insulation, 2023 – 2032 (USD Million)
    • 7.5 Others
      • 7.5.1 Global Solar Cullet Market by Others, 2023 – 2032 (USD Million)
  • Chapter 8. Solar Cullet Market – Regional Analysis
    • 8.1 Global Solar Cullet Market Regional Overview
    • 8.2 Global Solar Cullet Market Share, by Region, 2022 & 2032 (USD Million)
    • 8.3. North America
      • 8.3.1 North America Solar Cullet Market, 2023 – 2032 (USD Million)
        • 8.3.1.1 North America Solar Cullet Market, by Country, 2023 – 2032 (USD Million)
    • 8.4 North America Solar Cullet Market, by Source, 2023 – 2032
      • 8.4.1 North America Solar Cullet Market, by Source, 2023 – 2032 (USD Million)
    • 8.5 North America Solar Cullet Market, by Separation Process, 2023 – 2032
      • 8.5.1 North America Solar Cullet Market, by Separation Process, 2023 – 2032 (USD Million)
    • 8.6 North America Solar Cullet Market, by Application, 2023 – 2032
      • 8.6.1 North America Solar Cullet Market, by Application, 2023 – 2032 (USD Million)
    • 8.7. Europe
      • 8.7.1 Europe Solar Cullet Market, 2023 – 2032 (USD Million)
        • 8.7.1.1 Europe Solar Cullet Market, by Country, 2023 – 2032 (USD Million)
    • 8.8 Europe Solar Cullet Market, by Source, 2023 – 2032
      • 8.8.1 Europe Solar Cullet Market, by Source, 2023 – 2032 (USD Million)
    • 8.9 Europe Solar Cullet Market, by Separation Process, 2023 – 2032
      • 8.9.1 Europe Solar Cullet Market, by Separation Process, 2023 – 2032 (USD Million)
    • 8.10 Europe Solar Cullet Market, by Application, 2023 – 2032
      • 8.10.1 Europe Solar Cullet Market, by Application, 2023 – 2032 (USD Million)
    • 8.11. Asia Pacific
      • 8.11.1 Asia Pacific Solar Cullet Market, 2023 – 2032 (USD Million)
        • 8.11.1.1 Asia Pacific Solar Cullet Market, by Country, 2023 – 2032 (USD Million)
    • 8.12 Asia Pacific Solar Cullet Market, by Source, 2023 – 2032
      • 8.12.1 Asia Pacific Solar Cullet Market, by Source, 2023 – 2032 (USD Million)
    • 8.13 Asia Pacific Solar Cullet Market, by Separation Process, 2023 – 2032
      • 8.13.1 Asia Pacific Solar Cullet Market, by Separation Process, 2023 – 2032 (USD Million)
    • 8.14 Asia Pacific Solar Cullet Market, by Application, 2023 – 2032
      • 8.14.1 Asia Pacific Solar Cullet Market, by Application, 2023 – 2032 (USD Million)
    • 8.15. Latin America
      • 8.15.1 Latin America Solar Cullet Market, 2023 – 2032 (USD Million)
        • 8.15.1.1 Latin America Solar Cullet Market, by Country, 2023 – 2032 (USD Million)
    • 8.16 Latin America Solar Cullet Market, by Source, 2023 – 2032
      • 8.16.1 Latin America Solar Cullet Market, by Source, 2023 – 2032 (USD Million)
    • 8.17 Latin America Solar Cullet Market, by Separation Process, 2023 – 2032
      • 8.17.1 Latin America Solar Cullet Market, by Separation Process, 2023 – 2032 (USD Million)
    • 8.18 Latin America Solar Cullet Market, by Application, 2023 – 2032
      • 8.18.1 Latin America Solar Cullet Market, by Application, 2023 – 2032 (USD Million)
    • 8.19. The Middle-East and Africa
      • 8.19.1 The Middle-East and Africa Solar Cullet Market, 2023 – 2032 (USD Million)
        • 8.19.1.1 The Middle-East and Africa Solar Cullet Market, by Country, 2023 – 2032 (USD Million)
    • 8.20 The Middle-East and Africa Solar Cullet Market, by Source, 2023 – 2032
      • 8.20.1 The Middle-East and Africa Solar Cullet Market, by Source, 2023 – 2032 (USD Million)
    • 8.21 The Middle-East and Africa Solar Cullet Market, by Separation Process, 2023 – 2032
      • 8.21.1 The Middle-East and Africa Solar Cullet Market, by Separation Process, 2023 – 2032 (USD Million)
    • 8.22 The Middle-East and Africa Solar Cullet Market, by Application, 2023 – 2032
      • 8.22.1 The Middle-East and Africa Solar Cullet Market, by Application, 2023 – 2032 (USD Million)
  • Chapter 9. Company Profiles
    • 9.1 Owens-Illinois Inc.
      • 9.1.1 Overview
      • 9.1.2 Financials
      • 9.1.3 Product Portfolio
      • 9.1.4 Business Strategy
      • 9.1.5 Recent Developments
    • 9.2 Saint-Gobain S.A.
      • 9.2.1 Overview
      • 9.2.2 Financials
      • 9.2.3 Product Portfolio
      • 9.2.4 Business Strategy
      • 9.2.5 Recent Developments
    • 9.3 AGC Inc.
      • 9.3.1 Overview
      • 9.3.2 Financials
      • 9.3.3 Product Portfolio
      • 9.3.4 Business Strategy
      • 9.3.5 Recent Developments
    • 9.4 Ardagh Group S.A.
      • 9.4.1 Overview
      • 9.4.2 Financials
      • 9.4.3 Product Portfolio
      • 9.4.4 Business Strategy
      • 9.4.5 Recent Developments
    • 9.5 Vetropack Holding AG
      • 9.5.1 Overview
      • 9.5.2 Financials
      • 9.5.3 Product Portfolio
      • 9.5.4 Business Strategy
      • 9.5.5 Recent Developments
    • 9.6 Gerresheimer AG
      • 9.6.1 Overview
      • 9.6.2 Financials
      • 9.6.3 Product Portfolio
      • 9.6.4 Business Strategy
      • 9.6.5 Recent Developments
    • 9.7 Vitro S.A.B. de C.V.
      • 9.7.1 Overview
      • 9.7.2 Financials
      • 9.7.3 Product Portfolio
      • 9.7.4 Business Strategy
      • 9.7.5 Recent Developments
    • 9.8 Nihon Yamamura Glass Co. Ltd.
      • 9.8.1 Overview
      • 9.8.2 Financials
      • 9.8.3 Product Portfolio
      • 9.8.4 Business Strategy
      • 9.8.5 Recent Developments
    • 9.9 Şişecam Group
      • 9.9.1 Overview
      • 9.9.2 Financials
      • 9.9.3 Product Portfolio
      • 9.9.4 Business Strategy
      • 9.9.5 Recent Developments
    • 9.10 Heinz-Glas Holding GmbH
      • 9.10.1 Overview
      • 9.10.2 Financials
      • 9.10.3 Product Portfolio
      • 9.10.4 Business Strategy
      • 9.10.5 Recent Developments
    • 9.11 Others
      • 9.11.1 Overview
      • 9.11.2 Financials
      • 9.11.3 Product Portfolio
      • 9.11.4 Business Strategy
      • 9.11.5 Recent Developments
List Of Figures

Figures No 1 to 25

List Of Tables

Tables No 1 to 77

Report Methodology

In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:

Preliminary Data Mining

On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.

Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.

Statistical Model

Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.

Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.

Some of the variables taken into account for forecasting are as follows:

• Industry drivers and constraints, as well as their current and projected impact

• The raw material case, as well as supply-versus-price trends

• Current volume and projected volume growth through 2030

We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.

Primary Validation

This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.

Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.

All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:

• Market leaders

• Suppliers of raw materials

• Suppliers of raw materials

• Buyers.

The following are the primary research objectives:

• To ensure the accuracy and acceptability of our data.

• Gaining an understanding of the current market and future projections.

Data Collection Matrix

Perspective Primary research Secondary research
Supply-side
  • Manufacturers
  • Technology distributors and wholesalers
  • Company reports and publications
  • Government publications
  • Independent investigations
  • Economic and demographic data
Demand-side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customers


Market Analysis Matrix

Qualitative analysis Quantitative analysis
  • Industry landscape and trends
  • Market dynamics and key issues
  • Technology landscape
  • Market opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2030
  • Market revenue estimates and forecasts up to 2030, by technology
  • Market revenue estimates and forecasts up to 2030, by application
  • Market revenue estimates and forecasts up to 2030, by type
  • Market revenue estimates and forecasts up to 2030, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

Prominent Players

  • Owens-Illinois Inc.
  • Saint-Gobain S.A.
  • AGC Inc.
  • Ardagh Group S.A.
  • Vetropack Holding AG
  • Gerresheimer AG
  • Vitro S.A.B. de C.V.
  • Nihon Yamamura Glass Co. Ltd.
  • Şişecam Group
  • Heinz-Glas Holding GmbH
  • Others

FAQs

The key factors driving the Market are Technological Advancements and Cost Reduction, Growing Global Solar Energy Installations, Expansion of Recycling and Circular Economy Practices And Market Penetration in Emerging Economies.

The key players in the market are Owens-Illinois Inc., Saint-Gobain S.A., AGC Inc., Ardagh Group S.A., Vetropack Holding AG, Gerresheimer AG, Vitro S.A.B. de C.V., Nihon Yamamura Glass Co. Ltd., Şişecam Group, Heinz-Glas Holding GmbH, Others

“North America” had the largest share in the Solar Cullet Market.

The global market is projected to grow at a CAGR of 18.65% during the forecast period, 2023-2032.

The Solar Cullet Market size was valued at USD 12.5 Million in 2022.

PURCHASE OPTIONS

$

3490


$

4490


$

5490


$

1950


powerbi pdf
$

6200

What You Get :

  • PDF Report Format.
  • Can be accessible by 1 single user.
  • Free 25% or 40 hours of customisation.
  • Free post-sale service assistance.
  • 15% discount on your next purchase.
  • Dedicated account Associate .
  • Permission to print the report.
  • Service guarantee available.
  • PDF and Excel Datasheet Formats.
  • Can be accessible upto 2 to 5 users.
  • Free 35% or 60 hours of customisation.
  • Free post-sale service assistance.
  • 25% discount on your next purchase.
  • Service guarantee available.
  • Personalised market brief by author.
  • Permission to print the report.
  • PDF, Excel and Power Point.
  • Can be accessible by unlimited users.
  • Free 40% or 80 hours of customisation.
  • Free post-sale service assistance.
  • 30% discount on your next purchase.
  • Permission to print the report.
  • Dedicated account manager.
  • Service guarantee available.
  • Excel Datasheet Format.
  • Customized access as per user request.
  • Upgradable to other licenses.
  • 15% discount on your next purchase.
  • Free 20% or 10 hours of customisation.
  • PDF, Excel, Power Point and Power BI.
  • Every Year Free Update ( Apr – Apr)
  • Personalized market brief by author
  • Can be accessible by unlimited users.
  • Free 50% or 90 hours of customization.
  • Up to 50 Company Profiles
  • Free post-sale service assistance with guarantee
  • 40% discount on your next purchase.
  • Permission to print the report.
  • Dedicated account team.
  • Service guarantee available.

Want to customize this report?
100% FREE CUSTOMIZATION!