Global Construction & Demolition Waste Market to reach USD 36.26 billion by 2027Global Construction & Demolition Waste Market is valued approximately USD 25.26 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 5.3% over the forecast period 2021-2027. Construction & demolition waste is produced during the construction of new infrastructures as well as the maintenance and demolition of existing infrastructures such as buildings, bridges, and roads. The key factor driving the demand for construction & demolition waste market is growing construction and renovation activities globally. According to ice.org.uk, global construction market is expected to reach USD 8 trillion by 2030. Also, government initiatives and policies regarding the recycling of construction & demolition waste are driving the global construction and demolition waste market forward. As per epa.gov, 600 million tons of construction & demolition waste was generated in the U.S. in 2018. However, weak laws & restrictions regarding illegal dumping of construction & demolition waste impedes the growth of the market over the forecast period of 2021-2027. Also, the global rise in population and globalization has resulted in an increase in the overall volume of building and demolition debris which is likely to increase the market growth during the forecast period.
The global region wise analysis of Construction & Demolition Waste market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia pacific is the leading region across the world in terms of market share owing to the rise in construction & building as well as demolition project in Asian countries. Whereas, Europe is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027. Factors such as government rules & regulation regarding recycling of construction waste, would create lucrative growth prospects for the Construction & Demolition Waste market across Europe region.
Major market player included in this report are:
Clean Harbors, Inc
SUEZ
Veolia Environment
Axens
Republic Services
Waste Management Inc
Daiseki Co. Ltd
FCC Environment
Progressive Waste Solution Ltd
Waste Connection
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Source:
Residential
Commercial
Industrial
Municipal
By Type:
Soil
Sand & Gravel
Concrete
Bricks & Masonry
Wood,
Metal
Other
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027
Target Audience of the Global Construction & Demolition Waste Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors