Recycled Construction Aggregates Market Insights, Trends & Future Development Status Recorded during 2018 to 2027| Key Players - Delta Sand & Gravel , Green Stone Materials , HeidelbergCement AG , CESPA , CEMEX , LafargeHolcim

The evolutions in construction industry have increased demand for sustainable construction materials and techniques. In the last few years, the demand for green building materials has been witnessing significant growth, owing to stringent government regulations on emission reduction. Moreover, reduced maintenance and operational costs and less energy consumption are further accelerating the demand for green building materials.

Various types of green building materials are gaining popularity in residential as well as commercial building owing to growing preference for materials that are energy-efficient, moisture-resistant, durable, and easy to maintain. Fiber cement siding, thermally modified wood, bamboo, fly ash or ashcrete, hempcrete, and recycled plastic, are some of the green construction materials witnessing growing adoption in the construction industry.

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Among various types of green construction materials, bamboo panels are becoming an extremely popular and efficient alternative to hardwood panels in the construction industry, especially in the developed regions. Home builders are increasingly using bamboo panels owing to its superior quality, easy installation, and low toxicity. Moreover, easy to grow and harvest has made it one of the most cost-effective materials in the construction industry.

In recent years, the use of modified wood that has advanced structural properties than ordinary wood has increased. Better shelf-life, high resistance against microorganisms and shrinkage is driving the demand for modified wood. Meanwhile, manufacturers of green construction materials are focusing on using environmentally-friendly procedures to develop modified wood.

Other green construction materials such as hempcrete and ashcrete are currently less widely available, however, with rising focus on sustainable construction projects, these materials are likely to witness huge growth in the near future.

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In the last few years, construction companies in the US and Europe have started using green building materials in order to comply with regulations emphasizing on energy-efficiency and emission reduction in the construction sector. Meanwhile, in recent years, Asia Pacific has experienced rapid growth in green building practices. Different types of construction materials such as wood, concrete blocks, and steel have emerged as dominant construction materials in the region.

Recycled Construction Aggregates Sales to Surge with Stringent Government Regulations on Emission Reduction

The construction industry is focusing on reduction in the CO2 emissions and energy consumption; this is driving the demand for recycled construction aggregates and green construction materials. According to the latest Fact.MR study, recycled construction aggregates market witnessed the sales of over 3.7 million tons in 2018.

Growing construction and demolition waste continue to be a pertinent challenge for planners and residents alike. These challenges are driving the transformation of recycling waste materials into recycled construction aggregates, finding increased application in the commercial and residential construction projects. There has been an increasing preference for crushed stones among recycled construction aggregates manufacturers due to the cost-efficiency. Meanwhile, high transportation and handling cost is influencing key players to carry out recycling activities locally.

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According to the report, Asia Pacific is likely to witness significant growth in the recycled construction aggregates market. India and China are expected to be the largest producers and consumers of recycled construction aggregates in the region. Presence of national green building councils in countries focusing on standards and rating system for green construction is driving the adoption of recycled construction aggregates and green materials by the construction sector.

Leading players in the market are focusing on providing recycled construction materials are focusing on new product development to meet the demand for cost-effective, energy-efficient, and eco-friendly construction materials. Whereas new players in the emerging nations are seeking services to remain compliant with the regulations and set standards.  

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This release was published on openPR.