Press release
Construction & Demolition Waste Recycling Market Size, Share, Analysis & Forecast By 2031
The global construction & demolition waste recycling market size was valued at $126,897.2 million in 2019, and is expected to reach $149,190.9 million by 2027, registering a CAGR of 2.7% from 2020 to 2027. Construction & demolition waste recycling is the collection, transportation, and disposal of material and other waste that is produced during the construction process. It involves recycling the waste material and making it fit to be reused and treating & disposing non-recyclable material in a safe and efficient manner.
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What is Construction and Demolition Waste?
Construction and demolition waste (CDW) refers to the waste generated from construction, renovation, and demolition activities. This waste includes a wide range of materials, including concrete, brick, wood, metal, plastics, and other materials. CDW can be generated from a variety of activities, including building demolition, road construction, and renovation projects.
The Importance of Construction and Demolition Waste Recycling
Reduces Landfill Waste - Recycling CDW reduces the amount of waste that ends up in landfills, which helps to reduce the environmental impact of construction activities. Landfills can emit harmful gases and pollutants, which can have negative impacts on the environment and human health.
Conserves Natural Resources - Recycling CDW helps to conserve natural resources by reducing the need for new materials. This can help to reduce the environmental impact of mining and other resource extraction activities.
Saves Energy - Recycling CDW requires less energy than producing new materials. This can help to reduce the environmental impact of energy production and reduce greenhouse gas emissions.
Supports the Circular Economy - Recycling CDW supports the circular economy by keeping materials in use for as long as possible. This can help to reduce the amount of waste generated and create a more sustainable future.
The Process of Construction and Demolition Waste Recycling
The process of CDW recycling typically involves several stages:
Sorting - CDW is first sorted to separate materials that can be recycled from those that cannot. This involves separating materials such as wood, metal, concrete, and brick.
Crushing - The sorted materials are then crushed into smaller pieces to make them easier to handle and transport.
Screening - The crushed materials are then screened to separate out any contaminants.
Recycling - The screened materials are then recycled into new materials, such as recycled concrete, recycled wood, or recycled metal.
Disposal - Any materials that cannot be recycled are disposed of in an environmentally responsible manner.
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Benefits of Construction and Demolition Waste Recycling
Environmental Benefits - Recycling CDW helps to reduce the environmental impact of construction activities by reducing the amount of waste that ends up in landfills and conserving natural resources.
Economic Benefits - Recycling CDW can be a cost-effective alternative to traditional disposal methods. It can also create new economic opportunities, such as the production of recycled materials and the development of new recycling technologies.
Social Benefits - Recycling CDW can help to create jobs and support local communities. It can also help to improve public health by reducing the amount of waste that ends up in landfills.
Compliance with Regulations - Recycling CDW can help construction companies comply with environmental regulations and reduce the risk of fines and penalties.
Challenges of Construction and Demolition Waste Recycling
While CDW recycling offers many benefits, it also presents several challenges, including:
Lack of Awareness - Many construction companies are not aware of the benefits of CDW recycling and may not have the necessary infrastructure in place to recycle waste.
Limited Infrastructure - CDW recycling requires specialized infrastructure, including sorting facilities, crushing machines, and recycling facilities. Many areas do not have the necessary infrastructure in place to support CDW recycling.
Contamination - CDW can be contaminated with hazardous materials, such as asbestos, which can make recycling more difficult and expensive.
Cost - CDW recycling can be more expensive than traditional disposal methods, especially
Competition analysis
The major players profiled in the construction & demolition waste recycling market include Clean Harbors, Inc., Daiseki Co., Ltd., FCC Environment, Progressive Waste Solutions Ltd., Remondis Se & Co. Kg, Renewi plc, Republic Services, Inc., Veolia Environment, Waste Connection, and Waste Management Inc.
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Key Benefits For Stakeholders
The report provides an extensive analysis of the current and emerging construction & demolition waste recycling market trends and dynamics.
In-depth construction & demolition waste recycling market analysis is conducted by estimations for the key segments between 2020 and 2027.
Extensive analysis of the market is conducted by following key product positioning and monitoring of top competitors within the market framework.
A comprehensive analysis of four major regions is provided to determine the prevailing opportunities.
The construction & demolition waste recycling market forecast analysis from 2020 to 2027 is included in the report.
The key market players operating in the market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the construction & demolition waste recycling market.
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Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
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