Construction and Demolition Waste Market Industry Analysis, Deployment Mode, Growth Factors and Forecast 2027
Many environmental organisations urged builders and developers to implement waste framework recommendations and prioritise building and demolition waste management solutions in order to promote growth. The European Commission has set a 70% re-use, material recovery, and recycling target for building and demolition waste (excluding hazardous materials).
Construction and Demolition Waste Market Report Scope and Research Methodology
The study examines the most important Construction and Demolition Waste market trends and how they will affect new business investments and industry development. Market trends influence new technology, new rules, government investment, new uses, foreign entry, and other industry dynamics. This research contains a detailed trend analysis to help clients make decisions about expanding their presence in the Construction and Demolition Waste market.
The Construction and Demolition Waste Market Research offers unique important statistics, facts, information, trends, and competitive landscape insights in the specific industry. The current state of the Construction and Demolition Waste The market is examined, and the market is projected through 2029. The report is likely to include company profiles, capacity, production, price, cost, revenue, and contact information for the world's major manufacturers of Construction and Demolition Waste market share.
Construction and Demolition Waste Market overview:
According to market research, the entire Construction and Demolition Waste Market is predicted to rise rapidly. The study discusses the Construction and Demolition Waste market's growth drivers, main restraints, emerging difficulties, and current opportunities. The research includes a region- and segment-specific analysis of the dynamics and Construction and Demolition Waste market size.
Construction and Demolition Waste Market Size was valued at USD 109.38 billion in 2021. Global Construction and Demolition Waste Market size is estimated to grow at a CAGR of 4.0 % over the forecast period.
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Construction and Demolition Waste Market Regional Insights:
The report includes a detailed analysis of all the regions and their countries mentioned below:
- Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
- Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
- North America (the United States, Mexico, and Canada.)
- South America (Brazil etc.)
- The Middle East and Africa (GCC Countries and Egypt.
Construction and Demolition Waste Market Segmentation:
The market is divided into several material categories, including concrete and gravel, bricks and ceramics, asphalt and tar, timber and wood products, metals, and others. In 2021, the Concrete & Gravel segment had 33.7% of the market. According to the European Cement Association, concrete and gravel make up a major portion of the total material salvaged from demolition and construction sites around the world. The significant output of concrete and gravel in total recycled waste adds to being a dominant market segment. The concrete & gravel segment's dominance will be bolstered during the projection period by greater use of recycled and collected concrete & gravel debris on new construction and repair projects.
The tight rules and regulations controlling landfill disposal and building and demolition waste incineration motivate real estate developers and builders to prioritise recycling and reused materials. Furthermore, the low cost of recycled coarse aggregate (RCA) concrete and its status as a green building material appeal to a diverse clientele.
During the projection period, the bricks and ceramics segment is expected to grow. Direct use of salvaged bricks in new construction sites and bricks, as well as the use of ceramic waste as a raw material for coarse aggregate and paver and tile production.
The construction and demolition waste market is divided into three categories based on the source: demolition, construction, and renovation. The rising pace of urbanisation in developing countries, as well as the expansion of commercial complexes and corporate buildings in many high-tech centres, is propelling a global trend of historic structure demolition.
The market is divided into two services: collection and disposal. Although the collection sector is predicted to account for a sizable amount of the global market, the disposal segment is expected to grow at a 5.0% CAGR, outpacing its counterpart. Because of the availability of simple collection and waste and debris transportation solutions, the collection industry is gaining a large share of the global market. Many manufacturers wish to provide convenient, dependable, and safe collection services that enable for the easy and secure lifting and transportation of non-hazardous waste for recycling. Advanced Disposal Services, Inc., for example, provides roll-off containers ranging in size from 30 to 50 cubic yards for dependable collection and easy recycling or disposal of construction trash.
Construction and Demolition Waste Market Key Players include:
Veolia Environment S.A. (Aubervilliers, France)
Waste Connections (Texas, the U.S.)
Clean Harbors, Inc. (Massachusetts, the U.S.)
Remondis (Lünen, Germany)
Republic Services (Arizona, the U.S.)
FCC Environment Limited (Northampton, United Kingdom)
Waste Management (Texas, the U.S.)
Kiverco (Tyrone, Northern Ireland)
Daiseki Co., Ltd. (Aichi, Japan)
Windsor Waste (Brentwood, United Kingdom)
Casella Waste Systems, Inc. (Vermont, the U.S.)
Renewi plc (Milton Keynes, United Kingdom)
Key Questions answered in the Construction and Demolition Waste Market Report are:
- What is Construction and Demolition Waste Market?
- What is the expected CAGR of the Construction and Demolition Waste market during the forecast period?
- What is the expected Construction and Demolition Waste market size by 2029?
- What factors are affecting the Construction and Demolition Waste market growth?
- Which region held the largest share of the Construction and Demolition Waste market?
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About Stellar Market Research
Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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