Leading Trends in Global Construction Waste Recycling Market [2023-2030] Size to Reach USD 41.88 Billion by 2030 with a Promising CAGR of 5.40%, Reveals Latest Report
Global Construction Waste Recycling Market Size rising at 5.40% CAGR by 2030, Value to Cross USD 41.88 Billion during the forecast period (2023- 2030), as highlighted in a report published by Zion Market Research.
NEW YORK, United States, July 14, 2023 (GLOBE NEWSWIRE) — Zion Market Research has published a new research report titled “Construction Waste Recycling Market Comprehensive Analysis, Historical Data, And Forecasts, 2023-2030” in its research database. According to the latest research, the global construction waste recycling market size was valued at approximately USD 28.97 billion in 2022. The market is expected to grow above a CAGR of 5.40% and is anticipated to reach over USD 41.88 billion by 2030.
The report analyses the construction waste recycling market’s drivers and restraints, as well as the impact they have on-demand throughout the projection period. In addition, the report examines global opportunities in the global market.
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Construction Waste Recycling Market Overview:
Construction waste is a heterogenous building material that is been generated from several construction activities. The construction waste is mostly landfilled which increases the burden on the landfill loading. Thus, it is essential to recycle construction waste. Construction waste recycling is the separation and recycling of waste materials that are generated during remodeling and construction. The waste material includes recoverable materials such as debris, old materials, new material scraps & packaging and in the renovation, windows, doors, masonry materials, and appliances are recyclable.
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- Updated Regional Analysis with Graphical Representation of Size, Share, and Trends for the Year 2023
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Key Insights from Primary Research
- As per the analysis, the Construction Waste Recycling market share is likely to grow above a CAGR of around 5.40% between 2023 and 2030.
- The Construction Waste Recycling market size was worth around USD 28.97 billion in 2022 and is estimated to hit approximately USD 41.88 billion by 2030. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
- This study offers a comprehensive analysis of the dynamics and trends already present in the construction waste recycling industry, as well as those that are expected to emerge in the near future.
- A comprehensive analysis of the market is carried out by tracking the placement of major products and keeping an eye on the leading rivals operating within the market framework.
- In order to assess the prospects that are currently available, a thorough examination of four important locations is presented here.
- In this study, the most important industry competitors that are currently functioning in the market are profiled, and a comprehensive analysis of their strategies is provided. This helps readers comprehend the competitive perspective of the construction waste recycling market.
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Industry Growth Factors
The global construction waste recycling market is growing substantially. Factors such as an increase in construction waste materials, growing concerns of environmental pollution, and strict regulations of the government related to the disposal of construction waste are the key factors that are fostering the growth of the global construction waste recycling market. It is been studied that during the construction of 2,000 sqft home, around 8,000 lbs of construction waste is usually thrown into a landfill. The landfilling sites are becoming scarce at a rapid rate as the construction waste is increasing the burden on the landfilling sites.
The chemically treated woods and solvents may also lead to water and soil pollution. Thus, to conserve natural resources and minimize environmental damage the construction companies are taking essential steps and recycling the construction waste. Thus, there is a surge in construction waste recycling as it keeps compliant with legislation, reduces waste level & CO2, and minimizes the purchasing cost of the material as it enables reusing materials. All these aspects are boosting the growth of the global market. Moreover, the rise in residential & commercial projects, maintenance of roads & highways, and rise in renovation projects are also the prime factors that are driving the growth of the market.
The report contains qualitative and quantitative research on the global Construction Waste Recycling Market, as well as detailed insights and development strategies employed by the leading competitors. The report also provides an in-depth analysis of the market’s main competitors, as well as information on their competitiveness.
Some of the main players in the global Construction Waste Recycling market include;
- Casella Waste Systems
- Progressive Waste Solutions Ltd.
- FCC Environment
- Advanced Disposal Services LLC
- Remondis Se & Co. Kg
- Waste Connection
- Republic Service
- Clean Harbors Inc.
- Renewi PLC
- Daiseki Co. Ltd.
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Construction Waste Recycling Market: Segmentation
The global construction waste recycling market is classified based on the material, service, and region.
Based on the material, the global construction waste recycling market is divided into wood, metal, bricks, concrete, and others. Among these, the concrete segment is expected to hold the largest share in the market.
Based on the service, the global market is split into disposal and collection. Among these, the collection sector is estimated to lead the market.
Global Construction Waste Recycling Market: Regional Analysis
Among all the regions, Asia Pacific is expected to dominate the global construction waste recycling market during the forecast period. Factors such as rapid urbanization, rise in commercial & residential projects in India & China, growing environmental concerns, and awareness regarding conservation of natural resources are the key features that are propelling the growth of the market in this region. Strict regulations of the government for disposal of construction waste and rise in the renovation are the factors that are driving the growth of the market in North America as well as Europe.
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Key questions answered in this report:
- What is the market size and growth rate forecast for Construction Waste Recycling industry?
- What are the main driving factors propelling the Construction Waste Recycling Market forward?
- What are the leading companies in the Construction Waste Recycling Industry?
- What segments does the Construction Waste Recycling Market cover?
- How can I receive a free copy of the Construction Waste Recycling Market sample report and company profiles?
|Report Attribute||Report Details|
|Market Size in 2022||USD 28.97 Billion|
|Market Forecast in 2030||USD 41.88 Billion|
|Growth Rate||CAGR of 5.40%|
|Forecast Years||2023- 2030|
|Key Companies Covered||Casella Waste Systems, Progressive Waste Solutions Ltd., FCC Environment, Advanced Disposal Services LLC, Remondis Se & Co. Kg, Waste Connection, Republic Service, Clean Harbors Inc., Renewi PLC, Daiseki Co. Ltd., and others|
|Segments Covered||By Material, By Service and By Region|
|Regions Covered||North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa|
|Customization Scope||Avail customized purchase options to meet your exact research needs.|
Browse Complete Report Here | Construction Waste Recycling Market By Material (Wood, Metal, Bricks, Concrete, And Others), By Service (Disposal And Collection), And By Region: – Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts, 2023-2030
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The global Construction Waste Recycling market is segmented as follows:
- North America
- The U.S.
- The UK
- Rest of Europe
- Asia Pacific
- Southeast Asia
- Rest of Southeast Asia
- The Middle East & Africa
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Rest of Latin America
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- Market Size, Trends, & Forecast by Revenue | 2023-2030
- Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
- Market Segmentation – A detailed analysis By Material, By Service and By Region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
Table Of Contents: –
- Industry Overview of Construction Waste Recycling Market
- Global Construction Waste Recycling Market Size by Type and Application (2022-2030)
- Company (Top Players) Profiles
- Global Construction Waste Recycling Market Competition Analysis by Players
- United States Construction Waste Recycling Market Development Status and Outlook
- EU Construction Waste Recycling Market Development Status and Outlook
- Japan Construction Waste Recycling Market Development Status and Outlook
- China Construction Waste Recycling Market Development Status and Outlook
- India Construction Waste Recycling Market Development Status and Outlook
- South-east Asia Construction Waste Recycling Market Development Status and Outlook
- Market Forecast by Regions, Types, and Applications (2022-2030)
- Construction Waste Recycling Market Dynamics
- Market Effect Factors Analysis
- Research Finding/Conclusion
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