Construction & Demolition Waste Recycling Market 2022 Leading Companies Analysis, Global Revenue, Trends and Outlook Forecasts to 2031

Construction & Demolition Waste Recycling Market 2022

Recycling of Construction & Demolition Waste has gained traction in recent years as the magnitude of the environmental impact of arbitrary and improper disposal of construction waste is being realised. Hence, several construction materials such as concrete, bricks, metals, wood, etc. are now usually recycled rather than disposed.

The Construction & Demolition Waste Recycling market is fragmented due to various local national-level players operating in different regions of the globe. The low-tech nature of infrastructure required to move and recycle construction waste is the leading cause of this fragmentation. Small players also often enjoy the support of local government policies since it provides employment opportunities and promotes local economic activity.

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Key Players- 

Some of the key global players in the construction waste recycling market include

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

Prominent players have used various market expansion strategies like mergers and acquisitions, joint ventures, etc. to expand their market share. Forming exclusive agreements with local governments and administrative councils has also proven pivotal in helping expand companies' market share. For example, in 2018 FCC Environment bagged a contract for construction waste recycling in Omaha, Nebraska.

Hybrid recycling techniques, which combine in-situ trash separation with commingled recycling techniques, have grown in popularity, and this is a significant market trend that has been noticed recently. As a result, major players have been constantly updating their infrastructure for hybrid recycling.

In order to increase their market share, major international players have increasingly tried to enter markets in developing nations in Asia, Africa, and Latin America. In the wake of the Covid-19 crisis, it is hypothesised that the restrictions and limitations they face in these markets will only get worse.

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Construction & Demolition Waste recycling market factors

The market for recycling construction debris has been primarily driven by rising environmental consciousness on a number of levels. On the highest level, it has compelled governments in some nations to mandate waste recycling on building sites.

In addition, it has increased public awareness among building firms and property buyers, making recycling of construction debris a USP for some houses. Recycling building trash also reduces total expenses over time and safeguards depleted natural resources.

Segmentation:

By Service

• Collection
• Disposal

By Material

• Concrete
• Bricks
• Metal
• Wood
• Others

Region-Wise Analysis

The East Asian region has been the largest regional segment for the construction waste recycling market, mainly due to rapid new construction activity in China. The market has also benefited from high rates of environmental awareness in countries like Japan, South Korea and Taiwan.

North America and Europe have been the other large segments for the construction waste recycling market. Stringent governmental regulations on effective disposal and recycling of construction waste in these regions has been mainly responsible for the high market penetration in these areas despite slower rate of construction than developing countries.

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South Asia has seen the fastest market growth rate among regional segments due to rapid pace of infrastructure developments in India, Bangladesh and the Southeast Asian nations.

Latin America has followed close behind, being mainly led by Brazil, Mexico and Central American countries, while developing African countries have presented the market with significant opportunities. Middle East and Oceania are the other key regional segments.

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