Construction & Demolition Waste Recycling Market Revolutionary Trends in Industry Statistics by 2020-2027

 Global construction & demolition waste recycling market size accounted for $126.9 billion in 2019, and is expected to reach $149.2 billion by 2027, registering a CAGR of 2.7% from 2020 to 2027.Cost-saving benefits, strict regulations related to illegal dumping, and rise in urbanization drive the growth of the global construction & demolition waste recycling market. However, unplanned sorting and cleaning activities of waste materials and high cost of processing hinder the market growth. On the other hand, emergence of green buildings due to environmental awareness creates new opportunities in the coming years.

Growth Factor:

Rise in urbanization is expected to result in growth in waste generation. In addition, recycling and reusing help reduce the project cost. Moreover, environmental problems such as soil, water, and air pollution has raised, owing to unplanned C&D waste dumping over the past few years. Environmental awareness has significantly fueled the demand for construction & demolition waste recycling in developed countries and is incorporating rapidly in developing countries.

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Leading Players:

The major players profiled in the construction & demolition waste recycling industry include Clean Harbors, Inc., Daiseki Co., Ltd., FCC Environment, Progressive Waste Solutions Ltd., Remondis Se & Co. Kg, Renewi plc, Republic Services, Inc., Veolia Environnement, Waste Connection, and Waste Management Inc.

The global construction & demolition waste recycling market is segmented on the basis of source, service, material, and region. On the basis of source, the market is divided into construction, renovation, and demolition. On the basis of services, it is classified into collection and disposal. On the basis of material, it is segregated into concrete, bricks, metal, wood, and others.

Region wise, the construction & demolition waste recycling market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific) and LAMEA (Latin America, the Middle East, and Africa).

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Key Findings Of The Study

  • By source, the demolition segment was the highest revenue contributor in 2019.
  • By service, the collection segment generated the highest revenue in 2019.
  • By material, the concrete segment generated the highest revenue in 2019.
  • Region wise, Europe garnered the largest waste management market share in 2019.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

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