Press release
Recycled Construction Aggregates Market Market Analysis & Forecast To 2025 By Key Players, Share, Trend, Segmentation, Top Leaders and Regional
Recycled Construction Aggregates Market
Industry Insight
The study on the recycled construction aggregates market 2020 by Market Research Future has been conducted with the bird’s eye view of the current proceeding within the energy & power industry. The report also considers the influence of the novel COVID-19 pandemic on the recycled construction aggregates market. It offers a transparent assessment of the projected market fluctuations during the forecast period (2019-2025) at a pace of ~6.68% CAGR while anticipating a valuation surpassing USD 102.1 Billion that was acquired in 2018.
Top Impacting Factors
Rapid urbanization and proliferation in construction and infrastructure development activities elude a noteworthy amount of waste being generated worldwide, which has been a prime environment concern among industrialists. This has been an essential factor leading the growth of global Recycled Construction Aggregates Market, also during the lockdown period due to long impact of COVID 19 deadly disease.
Continued prominence on environmental conservation has also equally instigated the decisive need for recycling and reusing construction materials. As per the European Commission, construction and demolition waste grab for nearly 25%-30% of the waste generated in the EU. Estimations from the US Environmental Protection Agency (EPA) reveal that, in 2015, approximately 548 million tons of construction and demolition debris was produced in the US.
MRFR further spots light that significant efforts are being taken by governments in the US, Netherlands, and Germany, concerning construction and demolition waste recycling and reuse. Introduction of new standards by the EU for recycling and recycling of construction and demolition waste in building, drainage, roads, and other construction projects, has further created immense growth opportunities for the recycled construction aggregates market.
Moving forward, recycled construction aggregates continue to observe robust demand in line with the development of residential construction and infrastructure development projects globally. As claimed from the Global Construction 2030, published by Global Construction Perspectives and Oxford Economics, the worldwide construction output is possible to reach $15.5 trillion by 2030, with US, China, and India grabbing 57% of the global growth.
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Competitive Landscape
The major market players operating in the global recycled construction aggregates market as identified by MRFR are Delta Sand & Gravel (US), CEMEX (Mexico), Aggregate Industries Management Inc. (US), Heidelbergcement AG (Germany), Green Stone Materials (US), and LafargeHolcim Ltd (Switzerland) and others.
Segmental Analysis
The Global Recycled Construction Aggregate Market has been analyzed based on End-Use, Product Type, and Region. Based on the product type, the global recycled construction aggregates market is divided into crushed stone, cement concrete, sand & gravel, and asphalt pavement debris. The crushed stones segment held the highest share of the global recycled construction aggregates market in 2018 and is estimated to witness the fastest CAGR over the forecast period.
Based on end-use, the global recycled construction aggregates market is divided into commercial, residential, infrastructure, and others (industrial and monumental). The infrastructure segment held the major market share of the global recycled construction aggregates market in 2018 and is poised to witness the highest CAGR during the review period.
Browse Complete Report Details with Table of Content and Figures @ https://www.marketresearchfuture.com/reports/recycled-construction-aggregates-market-8701
Regional Overview
The geographical overview of the global market has been analyzed in four major regions, including the Asia Pacific, North America, Europe, and the rest of the world. Due to the strong demand for environmentally sustainable construction aggregates in the construction industry, favorable government policies to promote factory automation and growing demand for cost-effective and highly durable building materials, Europe dominated the market in 2018. In North America, the US is a crucial contributor to the aggregate demand for recycled building. The significant factor fueling market growth in the US is the involvement of key players in the market. The lack of a professional workforce and limited knowledge of the benefits of recycled aggregates, as well as changes in laws and regulations, hamper market growth. On the other hand, Asia-Pacific is poised to register the fastest CAGR during the forecast period.
Strategic Point Covered In TOC:
Report Overview
Recycled Construction Aggregates Trends and Competitive Landscapes
Segmentation of Market by Type
Segmentation of Recycled Construction Aggregates Market by End-Users
Market Analysis by Major Regions
Product Commodity of Market in Major Countries
North America Recycled Construction Aggregates Landscapes Analysis
Europe Recycled Construction Aggregates Landscapes Analysis
Asia Pacific Recycled Construction Aggregates Landscapes Analysis
Latin America, Middle East & Africa Recycled Construction Aggregates Landscapes Analysis
Major Players Profile
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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