Global Construction and Demolition Waste Market – Industry Trends and Forecast to 2029

Global Construction and Demolition Waste Market, By type (Sand, Soil and Gravel, Concrete, Bricks and Masonry, Wood, Metal), Source (Residential, Commercial, Industrial, Municipal) – Industry Trends and Forecast to 2029

Construction and Demolition Waste Market Analysis and Size

Rise in population coupled with aging infrastructure, rapid industrialization, and stringent policies are expected to drive the growth of the construction and demolition waste market during the forecast period. Furthermore, the “soil, sand and gravel” is the fastest growing type segment which has accounted for a share of 35.9% of the overall market in 2020, in terms of value due to the growing usage of recycled sand in construction projects globally. Most industries use construction and demolition waste for renovation, construction, and demolition of roads, buildings and bridges, which is projected to upsurge the overall market growth in the future.

Data Bridge Market Research analyses that the construction and demolition waste market was valued at USD 129,150.00 million in 2021 and is expected to reach USD 153,518.77 million by 2029, registering a CAGR of 2.50 % during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.  

Report Scope and Market Segmentation

Market Definition

Construction and demolition waste is produced from repair, construction, renovation and demolition of houses, bridges, piers, large building structures, roads and dams. Construction and demolition waste is made up of masonry, plaster, wood, steel, concrete, gypsum, metal, and asphalt. This waste is notable because it can contain harmful materials such as lead and asbestos.

Construction and Demolition Waste Market Dynamics

Drivers

• Rising construction activities

The commercial, residential, municipal and industrial sectors have been the major producer of construction and demolition waste ranging from some million tons every year. The rising construction activities in these sectors has generated huge amount of construction and demolition waste which are expected to drive the growth of the construction and demolition waste market.

• Rising adoption of construction and demolition waste in urban areas

Construction and demolition waste is produced during renovation, construction, and demolition of roads, buildings and bridges. The Environmental Protection Agency (EPA) promotes a Sustainable Materials Management (SMM) approach which is located in U.S. This agency identifies the certain construction and demolition waste materials as commodities and used in new building projects. This is completely avoiding the need to mine and process virgin materials. Most construction and demolition waste currently produced in the U.S. which is legally designed for disposal in landfills and regulated under the Code of Federal Regulations (CFR).

Opportunities

• Development of smart cities in urban areas

Smart cities are now developed in urban areas to generate sustainable economic development. According to the United Nations, 60% of world population will live in cities, and one in three persons will live in smart city with a population of half a million or more. Now, more than 100 smart city projects are in progress overall the globe, which deliver huge opportunities for the construction sector and offers lucrative opportunities for the waste management market players. Thus, the development of the smart cities in urban areas will create immense opportunities for the growth of the construction and demolition waste market.

Restraints/ Challenges

• Difficult to manage and recover waste

Waste management and recovery are challenging factors to manage and recover sustainably due to resource hoarding and illegal dumping. To eliminate incorrect trash disposal, governments should establish strict rules and regulations. Due to poor data management and data shortages methods, it is difficult to measure the full magnitude of illegal. For instance, it is estimated that, Australia spent more than USD 70 million in 2016-17 to manage and monitor illegal dumping activities.

This construction and demolition waste market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the construction and demolition waste market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

COVID-19 Impact on Construction and Demolition Waste Market

The outbreak of the Covid-19 has disturbed the global economy by hesitant the processes of several industries. The construction and building sector is adversely affected during this pandemic so, the global construction and demolition waste market saw a decline in growth rate during the forecast period. The epidemic has impacted the building projects, major cost components, material and labour. Numerous building and demolition projects in several countries under the shutdown and lockdown were halted as a result of the epidemic. Thus, the demand for the construction and demolition waste is anticipated during the forecast period.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Development

• In January 2021, SUEZ had expanded its recovery capacities and hazardous waste treatment in Europe. The group focuses on the industrials sector which guarantees safety and regulatory compliance through their solutions and also favor the circular economy.
• In October 2020, Management had completed the acquisition of Advanced Disposal. This acquisition aided Waste Management to increase its footprint and allowed it to offer sustainable waste management and recycling services, unrivaled access to differentiate to approximately 3 million new industrial, residential and commercial consumers primarily located in 16 states in the eastern half of the U.S.

 Global Construction and Demolition Waste Market Scope

The construction and demolition waste market is segmented on the basis of type and source. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Sand
• Soil and Gravel
• Concrete
• Bricks and Masonry
• Wood
• Metal

Source

• Residential
• Commercial
• Industrial
• Municipal

Construction and Demolition Waste Market Regional Analysis/Insights

The construction and demolition waste market is analysed and market size insights and trends are provided by country, type and source as referenced above.

The countries covered in the construction and demolition waste market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the construction and demolition waste market in terms of market share and revenue during the forecast period. This is due to the increasing demand for construction and demolition waste in this region. The Asia-Pacific region dominates the construction and demolition waste market, with China leading the way to consume water for industries. Due to the ease of water consumption, China is leading the Asia-Pacific market.

During the forecast period, Asia-Pacific anticipated to be the fastest evolving region due to the hastily industrialization, growing population, and urbanization in this region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Construction and Demolition Waste Market Share Analysis

The construction and demolition waste market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to construction and demolition waste market.

Some of the major players operating in the construction and demolition waste market are:

• Veolia (France)
• SUEZ (France)
• ECO WISE (India)
• CDE Group (U.K.)
• NSWAI (India)
• SAAHAS ZERO WASTE (India)
• RAMKY ENVIRO ENGINEERS Limited (India)
• Infrastructure Leasing & Financial Services Limited (India)
• DUROMECH (India)
• WESTART (India)
• ZENITH Industry & Technology Group Co., Ltd. (China)
• GFL ENVIRONMENTAL Inc., (Canada)
• METSO OUTOTEC (Finland)
• CLEANAWAY (Australia)
• REMONDIS SE and CO. KG (Germany)
• BINGO INDUSTRIES (Australia)
• J.J. Richards & Sons Pty Ltd (India)
• FORTUM (Finland)