The global construction & demolition waste market size is expected to reach USD 43.18 billion by 2030 according to a new study by Polaris Market Research. The report “Construction & Demolition Waste Market Share, Size, Trends, Industry Analysis Report, By Type (Soil, Sand & Gravel, Concrete, Bricks & Masonry, Wood, Metal, Others); By Source (Residential, Commercial, Industrial, Municipal); By Region; Segment Forecast, 2022 – 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The major factors driving the growth of the industry include the increasing number of construction & demolition activities coupled with the rising government initiatives for sustainability in numerous regions. Additionally, the growing population, as well as emerging urbanization, leads to the generation of C&D debris, which also attributes towards the industry demand. Besides, a growing number of infrastructural development projects, especially in emerging nations, may also create lucrative opportunities for the industry in the forthcoming years.
Based on type, the sand, soil, & gravel segment holds the largest revenue share in the global industry and is likely to dominate the industry in the estimated period. The increasing use of recycled and composted soil, gravel, and sand debris in various infrastructure & demolition activities and renovation sites may lead the segment demand around the world. The bricks & masonry segment is the fastest-growing segment in the global industry owing to the growing use of bricks and masonry in various applications that may lead the segment growth. Hence, these factors may gain huge traction in the global industry.
Have Questions? Request a sample or make an Inquiry before buying this report by clicking the link below: https://www.polarismarketresearch.com/industry-analysis/construction-demolition-waste-market/request-for-sample
The robust growth of the construction sector, majorly in the emerging economies such as South America, Asia Pacific, and the Middle East & Africa, is positively influencing the industry demand. By 2021, Asia’s infrastructure investment is projected to record above half of all global infrastructure spending. The increasing urbanization and intensifying population may facilitate the growth of infrastructural activities. The increasing number of investments by the various leading players across these regions owing to the presence of potential employees as well as capital is further attributed to the industry growth in the near future.
Major participants such as FCC Environment, Metso Outotec, CDE Global Ltd., Clean Harbors, Inc., Cleanaway, Ecowise, Biffa, GFL Environmental, Infrastructure Leasing & Financial Services Limited, Nswai, Casella Waste Systems, Westart, Ramky Enviro Engineers Ltd, Remondis Se & Co. KG, Renewi, Republic Services, Rubicon, Shanghai Zinth Mineral Co., Ltd., Suez, Veolia, Waste Management, and Duromech India are some of the key players operating in the global industry. Various industry players are executing several marketing strategies by performing mergers and acquisitions to gain a significant position in the global industry and advance their business operations.
Polaris Market Research has segmented the construction & demolition waste market report on the basis of type, source, and region:
Construction & Demolition Waste, Type Outlook (Revenue – USD Billion, 2018 – 2030)
- Soil, Sand & Gravel
- Bricks & Masonry
Construction & Demolition Waste, Source Outlook (Revenue – USD Billion, 2018 – 2030)
Construction & Demolition Waste, Regional Outlook (Revenue – USD Billion, 2018 – 2030)
- North America
- Asia Pacific
- South Korea
- Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa