The global construction and demolition waste management market size is expected to grow from $164.69 billion in 2021 to $178.92 billion in 2022 at a compound annual growth rate (CAGR) of 8.6%. The global construction and demolition waste management market size is then expected to grow to $226.16 billion in 2026 at a CAGR of 6.0%.
What is the Global Construction And Demolition Waste Management Market?
The construction and demolition waste management market consists of sales of construction and demolition waste management services by entities (organizations, sole proprietors, partnerships) that help in controlling the negative impact of waste on the environment. It is defined as the process of collecting, disposing of, altering, destroying, and recycling waste generated from construction and demolition of any infrastructure.
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What drives the Global Construction And Demolition Waste Management Market?
The growing environmental concerns are significantly contributing to the growth of the construction and demolition waste management market. Environmental problems including global warming, air pollution, water pollution, waste disposal, ozone layer depletion, climate change, and many more are affecting natural resources, animals, humans, and nations on this planet. The negative impact of excessive construction and demolition waste generation on the environment is rising the demand for effective construction and demolition waste management services adoption. For instance, in 2021, according to a study by the construction blog Bimhow, the construction sector contributes to 50% of climatic change, 23% of air pollution, 40% of water, and 50% of landfill wastes. Therefore, the growing environmental concerns are expected to drive the growth of the construction and demolition waste management market going forward.
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Global Construction And Demolition Waste Management Market Segments
The global construction and demolition waste management market is segmented:
By Service: Collection, Recycling, Landfill, Incineration
By Business: Construction, Renovation, Demolition
By Waste: Inert, Wood, Cardboard, Plastic, Glass, Others
By Application: Commercial Buildings, Residential Buildings
By Geography: The regions covered in the construction and demolition waste management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Construction And Demolition Waste Management Global Market Report 2022provides market size and growth forecasts for the global construction and demolition waste management market, global construction and demolition waste management market share, construction and demolition waste management market segments and geographies, construction and demolition waste management market competitive landscape including leading competitors’ revenues, profiles and market shares. The construction and demolition waste management market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Construction And Demolition Waste Management Industry Playersinclude Veolia Group, Clean Harbors Inc, REMONDIS SE & Co. KG, Republic Services Inc., Daiseki Co. Ltd., Renewi PLC, Progressive Waste Solutions Ltd, FCC Environment, Advanced Disposal Services Inc., Casella Waste Systems Inc., Kiverco, Windsor Waste, Biffa, Bingo Industries, Cleanaway Waste Management Limited, and Eco wise. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
