Construction And Demolition Waste Management Market Growth Trajectory Through 2024-2033

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The Construction And Demolition Waste Management Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Construction And Demolition Waste Management Global Market Report 2024, The construction and demolition waste management market size has grown strongly in recent years. It will grow from $193.02 billion in 2023 to $206.4 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to shift towards sustainable practices, urban development boom, cost reduction goals, landfill space shortage, resource scarcity concerns.

The construction and demolition waste management market size is expected to see strong growth in the next few years. It will grow to $271.68 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to regulatory push for sustainability, urbanization impact, green construction standards, material reclamation and reuse emphasis. Major trends in the forecast period include circular economy initiatives, green building practices, innovation in waste processing, public awareness and sustainability goals, cost-efficiency and resource recovery.

Growing environmental concerns are significantly contributing to the growth of the construction and demolition waste management markets. Environmental problems, including global warming, air pollution, water pollution, waste disposal, ozone layer depletion, climate change, and many more, are affecting natural resources, animals, humans, and nations on this planet. The negative impact of excessive construction and demolition waste generation on the environment is raising demand for effective construction and demolition waste management service adoption. For instance, in 2021, according to a study by the construction blog Bimhow, the construction sector contributes to 50% of climatic change, 23% of air pollution, 40% of water, and 50% of landfill waste. Therefore, growing environmental concerns are expected to drive the growth of the construction and demolition waste management market going forward.

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The construction and demolition waste management market covered in this report is segmented –

1) By Service: Collection, Recycling, Landfill, Incineration

2) By Business: Construction, Renovation, Demolition

3) By Waste: Inert, Wood, Cardboard, Plastic, Glass, Other Wastes

4) By Application: Commercial Buildings, Residential Buildings

Major companies operating in the construction and demolition waste management market are adopting a strategic partnership approach for the construction of recycling facility used in building and demolition. Strategic partnerships refer to a process in which companies leverage each other’s strengths and resources to achieve mutual benefits and success. For instance, in June 2021, Ramky Enviro, an India-based company that offers comprehensive environment management services, announced a partnership with the Greater Hyderabad Municipal Corporation (GHMC), an India-based civic authority in charge of the city, to unveil the city’s second construction and demolition recycling facility in Hyderabad. This is the first facility of its sort, employing wet processing technology to reduce dust pollution. The plant has a capacity of 500 TPD for building and demolition waste. The facility can treat up to 500 TPD of C&D waste due to a sophisticated separation system, debris management system, multiple filtering systems, material laundering, sand washing, and water control system. The Fathullaguda factory is one of the largest in South India. The facility will be run in a public-private collaboration with the Greater Hyderabad Municipal Corporation. Various recovered products from this facility’s C&D trash are used for non-structural uses such as walkways, road sub-bases, and so on.

The construction and demolition waste management market report table of contents includes:

Executive Summary
Construction And Demolition Waste Management Market Characteristics
Construction And Demolition Waste Management Market Trends And Strategies
Construction And Demolition Waste Management Market – Macro Economic Scenario
Global Construction And Demolition Waste Management Market Size and Growth

Global Construction And Demolition Waste Management Market Competitive Benchmarking
Global Construction And Demolition Waste Management Market Competitive Dashboard
Key Mergers And Acquisitions In The Construction And Demolition Waste Management Market
Construction And Demolition Waste Management Market Future Outlook and Potential Analysis
Appendix

Top Major Players: