CHICAGO, August 27, 2021 / PRNewswire / – According to new research report, Construction and Demolition Waste Market by Type (Sand, Soil & Gravel, Concrete, Brick & Masonry, Wood, Metal), Source (Residential, Commercial, Industrial, Municipal) & Region (APAC , North America, Europe, MEA, & South America) – Global Forecast to 2026, “published by MarketsandMarkets ™, estimates the global construction and demolition waste market size at $ 26.6 billion 2021 and is expected to be achieved $ 34.4 billion by 2026, with a CAGR of 5.3% from 2021 to 2026.
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The global market is primarily driven by the increasing construction activity and the tendency of governments to be sustainable in different regions of the world. The increasing demand for sustainable and recycled building materials for commercial construction projects will further stimulate the construction and demolition waste market.
Residential real estate is expected to be the fastest growing source of construction and demolition waste in the market over the forecast period.
Residential real estate is the fastest growing source segment in the construction and demolition waste market. The market for this segment is being driven by rapid urbanization and increasing renovation in the residential sector. It had a value share of around 31.3% of the construction and demolition rubble market in 2020.
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APAC is expected to hold the largest market share in the global construction and demolition waste market during the forecast period.
APAC had the largest share of the construction and demolition waste market in 2020. The construction and demolition waste market in APAC is driven by demand from countries such as China, Japan, and India. Rapid industrialization, especially in emerging countries like China and India, is one of the major contributors to the global construction and demolition waste market. The construction and demolition waste market in APAC is expected to expand over the next five years due to many ongoing and upcoming construction and demolition projects in Asian countries.
Waste Management (USA)., SUEZ (France), Veolia (France), Republic Services (USA), Clean Harbors Inc. (USA). are the world’s leading service providers for the construction and demolition waste market.
Metal Recycling Market by Metal (Ferrous and Non-Ferrous), Scrap Type (Old Scrap and New Scrap), End-Use Sector (Construction, Automobile, Shipbuilding, Appliance Manufacturing, Home Appliances), Equipment, and Regions – Global Forecast to 2025
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