Construction Waste Recycling Market Size, Share, Growth Report 2030

Construction Waste Recycling Market

Construction Waste Recycling Market By Material (Wood, Metal, Bricks, Concrete, And Others), By Service (Disposal and Collection), And By Region: - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts, 2023-2030

Category: Heavy Industry Report Format : PDF Report Code: ZMR-6048 Status : Upcoming
Market Size in 2022 Market Forecast in 2030 CAGR (in %) Base Year
USD 28.97 Billion USD 41.88 Billion 5.40% 2022

Construction Waste Recycling Market

Description

The global Construction Waste Recycling Market was valued at $28.97 Billion in 2022, and is projected to reach $41.88 Billion by 2030, growing at a CAGR of 5.40% from 2023 to 2030.

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Global Construction Waste Recycling Market: Overview

Construction waste is a heterogenous building material that is been generated from several construction activities. The construction waste is mostly landfilled which increases the burden on the landfill loading. Thus, it is essential to recycle construction waste. Construction waste recycling is the separation and recycling of waste materials that are generated during remodeling and construction. The waste material includes recoverable materials such as debris, old materials, new material scraps & packaging and in the renovation, windows, doors, masonry materials, and appliances are recyclable.

Global Construction Waste Recycling Market: Growth Factors

The global construction waste recycling market is growing substantially. Factors such as an increase in construction waste materials, growing concerns of environmental pollution, and strict regulations of the government related to the disposal of construction waste are the key factors that are fostering the growth of the global construction waste recycling market. It is been studied that during the construction of 2,000 sqft home, around 8,000 lbs of construction waste is usually thrown into a landfill. The landfilling sites are becoming scarce at a rapid rate as the construction waste is increasing the burden on the landfilling sites.

The chemically treated woods and solvents may also lead to water and soil pollution. Thus, to conserve natural resources and minimize environmental damage the construction companies are taking essential steps and recycling the construction waste. Thus, there is a surge in construction waste recycling as it keeps compliant with legislation, reduces waste level & CO2, and minimizes the purchasing cost of the material as it enables reusing materials. All these aspects are boosting the growth of the global market. Moreover, the rise in residential & commercial projects, maintenance of roads & highways, and rise in renovation projects are also the prime factors that are driving the growth of the market.

In addition to this, the growing adoption of hybrid recycling which combines commingled recycling & site-separation method is also contributing to the growth of the market. Furthermore, rapidly developing technologies for recycling construction waste are expected to spur the growth of the global construction waste recycling market during the forecast period. However, the involvement of additional costs in recycling construction waste may limit the growth of the global construction waste recycling market.

Strict policies such as complete lockdown and restriction on movement are been imposed by the government of most of the countries across the world. These regulations have severely hampered the construction industry. The ongoing projects are been postponed and no new launch of construction projects are been undertaken. Restrictions on personnel movement and disruption in the supply chain are also the factors that have affected the construction activities. Moreover, most of the people have also put their plans of renovating their houses and offices on hold due to the economic crisis caused by the pandemic. Thus, the global construction waste recycling market is been adversely affected by the Covid-19 pandemic.

Global Construction Waste Recycling Market: Segmentation

The global construction waste recycling market is classified based on the material, service, and region.

Based on the material, the global construction waste recycling market is divided into wood, metal, bricks, concrete, and others. Among these, the concrete segment is expected to hold the largest share in the market.

Global Construction Waste Recycling Market By MaterialRequest Free Sample

Based on the service, the global market is split into disposal and collection. Among these, the collection sector is estimated to lead the market.

Construction Waste Recycling Market: Report Scope

Report Attributes Report Details
Report Name Construction Waste Recycling Market Research Report
Market Size in 2022 USD 28.97 Billion
Market Forecast in 2030 USD 41.88 Billion
Growth Rate CAGR of 5.40%
Number of Pages 185
Key Companies Covered Casella Waste Systems, Progressive Waste Solutions Ltd., FCC Environment, Advanced Disposal Services LLC, Remondis Se & Co. Kg, Waste Connection, Republic Service, Clean Harbors Inc., Renewi PLC, Daiseki Co. Ltd.
Segments Covered By Material, By Service, and By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2022
Historical Year 2017 to 2021
Forecast Year 2023 - 2030
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Global Construction Waste Recycling Market: Regional Analysis

Among all the regions, Asia Pacific is expected to dominate the global construction waste recycling market during the forecast period. Factors such as rapid urbanization, rise in commercial & residential projects in India & China, growing environmental concerns, and awareness regarding conservation of natural resources are the key features that are propelling the growth of the market in this region. Strict regulations of the government for disposal of construction waste and rise in the renovation are the factors that are driving the growth of the market in North America as well as Europe.

Global Construction Waste Recycling Market: Competitive Players

Some of the prominent players that are operating in the global construction waste recycling market include:

  • Casella Waste Systems
  • Progressive Waste Solutions Ltd.
  • FCC Environment
  • Advanced Disposal Services LLC
  • Remondis Se & Co. Kg
  • Waste Connection
  • Republic Service
  • Clean Harbors Inc.
  • Renewi PLC
  • Daiseki Co. Ltd.

The Global Construction Waste Recycling Market is segmented as:

By Material

  • Wood
  • Metal
  • Bricks
  • Concrete
  • Others.

By Service

  • Disposal
  • Collection

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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FrequentlyAsked Questions

The global construction waste recycling market is growing substantially. Factors such as an increase in construction waste materials, growing concerns of environmental pollution, and strict regulations of the government related to the disposal of construction waste are the key factors that are fostering the growth of the global construction waste recycling market. Furthermore, rapidly developing technologies for recycling construction waste are expected to spur the growth of the global construction waste recycling market during the forecast period.

Some of the prominent players that are operating in the global construction waste recycling market include Casella Waste Systems, Progressive Waste Solutions Ltd., FCC Environment, Advanced Disposal Services LLC, Remondis Se & Co. Kg, Waste Connection, Republic Service, Clean Harbors Inc., Renewi PLC, and Daiseki Co. Ltd.

Among all the regions, Asia Pacific is expected to dominate the global construction waste recycling market during the forecast period. Factors such as rapid urbanization, rise in commercial & residential projects in India & China, growing environmental concerns, and awareness regarding conservation of natural resources are the key features that are propelling the growth of the market in this region.

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