Construction And Demolition Waste Management Market Size, Share Analysis, Growth Trends And Global Forecast To 2033

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company presents an extensive market research report on the Construction And Demolition Waste Management Global Market Report 2024 , furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.

Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.

Market Sizing:

The construction and demolition waste management market size has grown strongly in recent years. It will grow from $193.02 billion in 2023 to $206.4 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to shift towards sustainable practices, urban development boom, cost reduction goals, landfill space shortage, resource scarcity concerns.

The construction and demolition waste management market size is expected to see strong growth in the next few years. It will grow to $271.68 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to regulatory push for sustainability, urbanization impact, green construction standards, material reclamation and reuse emphasis. Major trends in the forecast period include circular economy initiatives, green building practices, innovation in waste processing, public awareness and sustainability goals, cost-efficiency and resource recovery.

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Key Market Players:

Major companies operating in the construction and demolition waste management market report are Veolia Environnement S.A., Kajima Corporation, WM Intellectual Property Holdings L.L.C. Inc., SUEZ - Environnement, Hydro-Québec, Progressive Waste Solutions Ltd, Remondis SE & Co. KG, Republic Services Inc., FCC Environment, Waste Connections Inc., Clean Harbors Inc., Cleanaway Waste Management Limited, Renewi plc, Biffa plc, Advanced Disposal Services Inc., Zabruderska, Casella Waste Systems Inc., Eurovia Group, Bingo Industries Ltd, Daiseki Co. Ltd., Kiverco, N2Growth, Krause Manufacturing Inc., EcoWise, Windsor Waste, Gamma Waste Systems Ltd, IEISL (IL&FS Environmental Infrastructure & Services Ltd.), VpL Environmental Impact, Closed Loop Recycling, Recycling Technologies Inc., TerraUSD, Zero Waste Scotland, Siirto Perusko Oy, H2 Green Steel AB, AMEC Waste Management, Shanks Waste Management Limited

Market Drivers:

Growing environmental concerns are significantly contributing to the growth of the construction and demolition waste management markets. Environmental problems, including global warming, air pollution, water pollution, waste disposal, ozone layer depletion, climate change, and many more, are affecting natural resources, animals, humans, and nations on this planet. The negative impact of excessive construction and demolition waste generation on the environment is raising demand for effective construction and demolition waste management service adoption. For instance, in 2021, according to a study by the construction blog Bimhow, the construction sector contributes to 50% of climatic change, 23% of air pollution, 40% of water, and 50% of landfill waste. Therefore, growing environmental concerns are expected to drive the growth of the construction and demolition waste management market going forward.

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The construction and demolition waste management market covered in this report is segmented -

1) By Service: Collection, Recycling, Landfill, Incineration
2) By Business: Construction, Renovation, Demolition
3) By Waste: Inert, Wood, Cardboard, Plastic, Glass, Other Wastes
4) By Application: Commercial Buildings, Residential Buildings

The report answers the following questions:
What are the primary factors propelling the market during the projected period?

In which region is the most substantial growth expected?

Which trend will take center stage in the upcoming period?

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