DUBLIN, September 13, 2021 / PRNewswire / – The “Construction and demolition waste market 2021-2026” report was added to ResearchAndMarkets.com offer.
The global construction and demolition waste market is estimated at $ 26.6 billion in 2021 and should reach $ 34.4 billion by 2026, at a CAGR of 5.3% from 2021 to 2026.
The global market is primarily driven by increased construction activity and governments’ inclination towards sustainability in various regions of the world. The growing demand for sustainable and recycled building materials for commercial construction projects will further drive the construction and demolition waste market.
Concrete is expected to be the fastest growing type in the construction and demolition waste market during the forecast period.
Others is the fastest growing type segment in the construction and demolition waste market. The growth of the concrete segment is attributed to the increasing use of recycled concrete in construction projects taking place across the world. It accounted for a share of around 31.5% of the construction and demolition waste market, in terms of value, in 2020.
Residential is expected to be the fastest growing source in the construction and demolition waste market during the forecast period.
The residential sector is the fastest growing source segment in the construction and demolition waste market. The market in this segment is driven by rapid urbanization and increasing renovation in the residential sector. It represented a share of around 31.3% of the construction and demolition waste market, by value, in 2020.
APAC is the largest market for construction and demolition waste
APAC is the world’s largest and market for construction and demolition waste, with China being the main emerging market. The construction and demolition waste market in APAC is driven by demand from countries such as China, Japan, and India.
The APAC construction and demolition waste market is expected to increase over the next five years due to many ongoing and upcoming construction and demolition projects in Asian countries. It represented a share of around 60.9% of the construction and demolition waste market, by value, in 2020.
The construction and demolition waste market includes leading solution providers, such as Waste Management (US). SUEZ (France), Veolia (France), Republic Services (United States) and Clean Harbors Inc. (United States).
Construction and demolition waste policies
Sustainable waste management and planned waste generation
Rapid growth of the construction industry in the emerging economies of APAC, MEA and South America
Innovation in sorting and recycling technologies for efficient treatment of construction and demolition waste
Growing adoption of construction and demolition waste in Urban areas
Green building system favoring the reuse and recycling of concrete elements and aggregates
Supply chain analysis
Case study analysis
Casella waste disposal systems
CDE Global Ltd.
Clean Harbors, Inc.
Cleanaway Waste Management Limited
Infrastructure Leasing & Financial Services Limited
Jj’s waste and recycling
Ramky Enviro Engineers Ltd.
Recent Developments: Others
Remondis Se & Co. Kg
Saaha Zero Waste
Shanghai Zinth Mineral Co. Ltd.
For more information on this report, visit https://www.researchandmarkets.com/r/kxodww
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SOURCE Research and Markets