Recycled Construction Aggregates Market to Witness Exponential Growth by 2031

The recycled construction aggregates market continues to remain influenced by a plethora of factors, ranging from resurgent construction activities to infrastructure development efforts of governments worldwide, particularly in developing economies. According to a recent Fact.MR study, prospects remain bullish for the recycled construction aggregates market, with sales of over 3.7 million tons estimated in 2018, and a projected Y-o-Y of nearly 5% in 2019.

There been a marked preference for recycled construction and crushed stone among manufacturers, in light of its relative cost-efficiency. Construction of a firm base in driveways, footpaths, and car parking, are key application areas where crushed stone witnesses significant adoption.  Demand for crushed stone in the recycled construction aggregates market is further undergird by growing number of infrastructure development projects worldwide. High transportation and handling cost of crushed stones have led governments to carry out relevant production and recycling activities locally, thereby making them a feasible option among recycled construction aggregates.

 

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Outpouring Construction & Demolition Waste Necessitate Adoption of Recycled Construction Aggregates

Rapid urbanization, and proliferation in construction and infrastructure development activities allude significant amount of waste being generated worldwide, which has been a key environment concern among industrialists. Continued emphasis on the environmental conservation has further instigated the critical need for recycling and reusing construction materials. According to the European Commission, construction and demolition waste account for nearly 25%-30% of the waste generated in the EU.

Estimations from the US Environmental Protection Agency (EPA) state that, in 2015, around 548 million tons of construction and demolition debris was generated in the US. Significant efforts are being taken by governments in countries such as the US, the Netherlands, and Germany, apropos of construction and demolition waste recycling and reuse. Introduction of new standards by the EU for recycling and reuse of construction and demolition waste in drainage, building, roads, and other construction projects, has further created growth opportunities for the recycled construction aggregates market.

recycled construction aggregates market incremental opportunity by region

Following Questions Answers Covered in the Report are:

  • How will the global Recycled Construction Aggregates Market perform during the forecast period? What will be the market size in terms of value and volume?
  • Which segment will drive the global Recycled Construction Aggregates Market? Which regional market will show extensive growth in the future? What are the reasons?
  • How will the market dynamics change because of the impact of future market opportunities, restraints, and drivers?
  • What are the key strategies adopted by players to sustain themselves in the global Recycled Construction Aggregates Market?
  • How will these strategies influence the market growth and competition?

 

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Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
  • EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
  • CIS & Russia
  • Japan
  • Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
  • Middle East and Africa (GCC Countries, Turkey, Iran, Israel, South Africa , Rest of MEA)

 

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The Report Covers Exhaustive Analysis On:

  • Market Segments
  • Market Dynamics
  • Market Size & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

The Recycled Construction Aggregates Market report answers the following queries:

  1. What is the largest share held by key players in the market?
  2. What strategies have proven most advantageous in the Recycled Construction Aggregates Market?
  3. Which region promises largest opportunity for new investors during the forecast period 2024 to 2031?
  4. What factors will most likely present challenges to growth during the forecast period?
  5. What will be the value of total revenues, and at what CAGR will the growth compound during the forecast period 2024 to 2031?

 

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