Construction and Demolition Waste Market Overview
Stellar Market Research, an Construction and Demolition Waste business research firm has published a report on the “Construction and Demolition Waste Market”. As per the “Construction and Demolition Waste report,” The Construction and Demolition Waste was valued at USD 123.03 billion in 2023. Global Construction and Demolition Waste Market size is estimated to grow at a CAGR of 4.0 % over the forecast period.
Recycled construction materials are gaining popularity among prominent builders and developers due to their numerous advantages, such as cost savings, environmental sustainability, availability, and flexibility in raw material sourcing. Using recycled coarse concrete can significantly lower the expenses associated with traditional construction methods.
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Market Forecast and Key Dynamics:
Environmental advantages and the advancement of the circular economy are driving market growth. Many environmental agencies are encouraging builders to adopt waste management practices for construction and demolition projects, adhering to waste framework directives. The European Commission, for example, has set a goal to increase the re-use, material recovery, and recycling of construction and demolition waste (excluding hazardous materials) to 70%.
This growing focus on recycling has led to the rise of a circular economy, with governments investing in infrastructure projects that incorporate advanced waste management solutions. This trend is anticipated to drive the global construction and demolition waste recycling market during the forecast period.
Integration of AI-Powered Robots in Recycling Plants: The increasing adoption of AI-powered technology and Internet of Things (IoT) devices in the construction industry has prompted companies to invest heavily in AI-based solutions. AI-powered robots are being utilized to efficiently sort and separate construction and demolition waste, extracting high-purity, high-value materials. These technologies, including robotic systems, AI-enabled recycling facilities, and IoT devices, represent some of the latest developments in the market.
Construction and Demolition Waste Market Regional Insights
Asia Pacific is expected to lead the construction and demolition waste market during the forecast period, mainly due to government efforts to promote infrastructure development and rising demand for residential construction. Government policies promoting eco-friendly housing and stricter regulations on landfill usage are also contributing to the region’s market growth.
Construction and Demolition Waste Market Segmentation
by Material
Concrete & Gravel
Bricks & Ceramics
Asphalt & Tar
Timber & Wood Products
Metals
Others
by Source
Demolition
Construction
Renovation
By Service
Disposal
Collection
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Construction and Demolition Waste Market Key Players
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 are:
- What is Construction and Demolition Waste?
- What was the Construction and Demolition Waste market size in 2021?
- What is the growth rate of the Construction and Demolition Waste Market?
- Which are the factors expected to drive the Construction and Demolition Waste market growth?
- What are the different segments of the Construction and Demolition Waste Market?
- What growth strategies are the players considering to increase their presence in Construction and Demolition Waste?
- What are the upcoming industry applications and trends for the Construction and Demolition Waste Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Construction and Demolition Waste Market?
- What segments are covered in the Construction and Demolition Waste Market?
- Who are the leading companies and what are their portfolios in Construction and Demolition Waste Market?
- What segments are covered in the Construction and Demolition Waste Market?
- Who are the key players in the Construction and Demolition Waste market?
To access more details regarding this research, visit the following webpage:https://www.stellarmr.com/report/Construction-and-Demolition-Waste-Market/877
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2023)
- Past Pricing and price curve by region (2018 to 2023)
- Market Size, Share, Size & Forecast by Different Segment | 2024-2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
About Stellar Market Research:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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