Overview and Scope
Construction and demolition waste management refers to the process of collecting, disposing of, altering, destroying, and recycling waste generated from the construction and demolition of any infrastructure. Concrete and masonry trash can be recycled by sorting, crumbling, and sieving into recycled aggregate, which can be used to make concrete for road construction and building material.
Sizing and Forecast
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.
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Segmentation & Regional Insights
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
Asia-Pacific was the largest region in the construction and demolition waste management market in 2023. The regions covered in the construction and demolition waste management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
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.
Key Industry Players
Major companies operating in the construction and demolition waste management market report are Veolia Environnement S.A., Kajima Corporation, WM Intellectual Property Holdings L.L.C. Inc., SUEZ – Environnement, Hydro-Québec, Progressive Waste Solutions Ltd, Remondis SE & Co. KG, Republic Services Inc., FCC Environment, Waste Connections Inc., Clean Harbors Inc., Cleanaway Waste Management Limited, Renewi plc, Biffa plc, Advanced Disposal Services Inc., Zabruderska, Casella Waste Systems Inc., Eurovia Group, Bingo Industries Ltd, Daiseki Co. Ltd., Kiverco, N2Growth, Krause Manufacturing Inc., EcoWise, Windsor Waste, Gamma Waste Systems Ltd, IEISL (IL&FS Environmental Infrastructure & Services Ltd.), VpL Environmental Impact, Closed Loop Recycling, Recycling Technologies Inc., TerraUSD, Zero Waste Scotland, Siirto Perusko Oy, H2 Green Steel AB, AMEC Waste Management, Shanks Waste Management Limited
The construction and demolition waste management market report table of contents includes:
1. Executive Summary
2. Construction And Demolition Waste Management Market Characteristics
3. Construction And Demolition Waste Management Market Trends And Strategies
4. Construction And Demolition Waste Management Market – Macro Economic Scenario
5. Global Construction And Demolition Waste Management Market Size and Growth
…
32. Global Construction And Demolition Waste Management Market Competitive Benchmarking
33. Global Construction And Demolition Waste Management Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Construction And Demolition Waste Management Market
35. Construction And Demolition Waste Management Market Future Outlook and Potential Analysis
36. Appendix
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