Construction & Demolition Waste Market Research Insights 2023-29

The global construction and demolition waste market size was valued at USD 115.9 billion in 2022 and is expected to grow at a CAGR of 5.6% during the forecast period 2023 to 2029. The primary drivers of the expansion of the global construction & demolition waste market include the increasing construction of infrastructures owing to the increasing population and rapid urbanization in emerging countries.

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Concrete & Gravel Segment is expected to Dominate the Construction & Demolition Waste Market:
Based on the material type, the global Construction & Demolition Waste market is segmented into Soil, Sand, Concrete & Gravel, Bricks & Masonry, Wood, Metal, Others. The concrete and gravel segment are expected to account for a larger revenue share in the global construction & demolition waste market and the substantial output of concrete and gravel in total recycled waste materials is expected to contribute major segment in the global construction & demolition waste market. The use of recycled concrete and gravel debris is expected to be more when compared to other segment recycled products. The strict regulation complies to use recycled construction waste material, where the cost-efficient application of recycled coarse aggregate concrete attracts several customers towards market.

Asia Pacific Construction & Demolition Waste Market:
The Asia Pacific construction & demolition waste market is expected to increase over the forecast period due to increasing construction activities in the region due to the increased population and rapid urbanization and rising demand for residential infrastructures in countries like India, China. In addition, government supports in development of residential buildings and Government's imposed strict rules and regulations on the use of landfills operations by environmental authorities to promote eco-friendly constructions are expected to further boost the growth of construction and demolition waste market in this region over the forecast period.

Strategic New Product Launches, Mergers, Acquisitions, and Agreements are the key strategies adopted by market players:
The global Construction & Demolition Waste market further reveals that the key players are increasingly adopting strategies such as the launch of newer products, product launches, and long-term alliances to improve market revenue share and gain significant geographic presence across the region. For instance, In September 2019, DTC recycle acquired Recovery 1, waste management and recycle center located in Washington US to develop the recycling capacity.

The Construction & Demolition Waste market is segmented based on material type, source, service, and geography.

Based on the material type, the market is segmented into the following:
• Soil
• Sand
• Concrete & Gravel
• Bricks & Masonry
• Wood
• Metal
• Others

Based on the source, the market is segmented into the following:
• Construction
• Demolition
• Renovation

Based on the service, the market is segmented into the following:
• Collection
• Disposal

Based on geography, the market is segmented into the following:
• North America
• Europe
• The Asia Pacific
• Latin America
• MEA

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Key players profiles in the construction & demolition waste market report are Casella Waste Systems, Clean Harbors Inc., Cleanaway, Ecowise, GFL Environmental, Infrastructure Leasing & Financial Services Limited, Ramky Enviro Engineers Ltd, Republic Services, Rubicon, Shanghai Zinth Mineral Co. Ltd., Suez, Veolia, Waste Management, Westart India.

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