Press release
Global Construction And Demolition Waste Management Market 2024 Future Scope, Industry Analysis, Competitive Landscape And Forecast To 2033
Construction And Demolition Waste Management Market
The Business Research Company offers in-depth market insights through Construction And Demolition Waste Management Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
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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Market Segmentation:
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
Major Driver - Construction And Demolition Waste Management Market Thrives Amid Growing Environmental Concerns
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.
Competitive Landscape:
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
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Top Trend - Strategic Partnership Spurs Construction And Demolition Waste Management Facility For Sustainable Recycling
Major companies operating in the construction and demolition waste management market are adopting a strategic partnership approach for the construction of recycling facility used in building and demolition. Strategic partnerships refer to a process in which companies leverage each other's strengths and resources to achieve mutual benefits and success. For instance, in June 2021, Ramky Enviro, an India-based company that offers comprehensive environment management services, announced a partnership with the Greater Hyderabad Municipal Corporation (GHMC), an India-based civic authority in charge of the city, to unveil the city's second construction and demolition recycling facility in Hyderabad. This is the first facility of its sort, employing wet processing technology to reduce dust pollution. The plant has a capacity of 500 TPD for building and demolition waste. The facility can treat up to 500 TPD of C&D waste due to a sophisticated separation system, debris management system, multiple filtering systems, material laundering, sand washing, and water control system. The Fathullaguda factory is one of the largest in South India. The facility will be run in a public-private collaboration with the Greater Hyderabad Municipal Corporation. Various recovered products from this facility's C&D trash are used for non-structural uses such as walkways, road sub-bases, and so on.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Construction And Demolition Waste Management Market Characteristics
3. Construction And Demolition Waste Management Market Trends And Strategies
4. Construction And Demolition Waste Management Market - Macro Economic Scenario
5. Construction And Demolition Waste Management Market Size And Growth
…..
27. Construction And Demolition Waste Management Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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