Construction & Demolition Waste Management Market 2022 – Segments Analysis, Industry Trends, Manufacturers Analysis, Opportunities and Market Size & Forecast 2030

The global construction and demolition waste management market size is estimated to reach USD 150.0 billion by the end of 2030 and register a growth rate of 4.5% over the forecast period 2022-2030.

Construction and demolition (C&D) waste management involves the practice of monitoring, collecting, segregating, transporting, recycling and disposing of different waste materials that are generated during construction, renovation and demolition of buildings and other infrastructures. It aids in recycling and re-using different types of heavy and non-biodegradable waste materials including glass, bricks, cardboard, metals, plastics, wood & timber, gypsum, stones, concrete and sanitary ware and also disposing non-recyclable material in a secure and cost-efficient manner.

Recycling and reusing the inert construction & demolition waste materials reduce the dumping of waste in landfills, which aids in averting environmental pollution and conservation of significant amount of natural energy and other resources.

COVID-19 IMPACT

The COVID-19 outbreak has negatively impacted the global construction and demolition waste management market and is projected to result in the growth of the market between 2021 and the ending phase of 2022. The implementation of lockdowns by various governments across the globe affected the supply chain of materials and labor which are the key components of all construction activities. The stoppage of construction and demolition activities led to decline in C&D waste generation which hampered the entire waste management process and thus, resulted in the downturn of the global market. The market is however, expected to regain momentum once the restrictions across the globe are lifted and the construction activities around the world continue to operate with rapid pace.

GROWTH DRIVERS:

The soaring popularity of the adoption of construction & demolition waste management practices around the world, the surging awareness among public and government agencies regarding recycling and reusing of waste materials, the growing emphasis on waste recycling activities by the developed and developing nations across various regions and the raising inclination of various governments towards sustainability in various regions across the globe are the primary factors driving the growth of the global construction & demolition waste management market.

Moreover, the proliferating number of infrastructural developments such as construction, repairing and demolition activities across the globe due to the burgeoning population and escalating urbanization is leading to massive growth in the overall C&D waste volume across numerous end-user industries. This is creating enhanced demand for the adoption of construction and demolition waste management practices across the globe due to the environmental benefits associated with the process.

The voluminous waste generated by the construction and demolition activities result in increased emission of green house gases which negatively affects of overall health of people if not disposed of properly and efficiently. With the growing environmental concerns due to these practices, the governments across several regions are rolling-out strict regulations to control & reduce illegal disposal of construction and demolition waste materials. Alongside, the increasing emphasis of NGOs to spread awareness regarding the harmful effects of growing volumes of waste are also going in line with the policies implemented by the governments. The increasing launching of government measures to reduce illegal dumping across the globe is expected to considerably propel the growth of the global construction & demolition waste management market during the forecast period.

Furthermore, other factors such as the development of circular economy coupled with the growing efforts of environmental organizations to promote the circular economy in new infrastructure and construction activities, the escalating investments by governmental authorities, the development of advanced waste recycling solutions coupled with the increasing integration of AI-powered robots at recycling plants for the reduction of waste and enhancement of quality & speed of recycling activities, the augmenting demand for sustainable and recycled construction materials for commercial construction projects and the rising introduction of green buildings which incorporate efficient waste management systems across the globe are expected to further create ample growth opportunities for the global construction & demolition waste management market.

However, factors such as the high costs associated with construction & demolition waste management practices, the dearth of recycling and regular filling of landfills in the emerging nations, the unorganized/illegal waste trade in several countries coupled with the poor regulations by governments & similar institutions and the illegal dumping of construction & demolition waste are anticipated to hinder the growth of the market during the forecast period.

CONSTRUCTION & DEMOLITION WASTE MANAGEMENT MARKET SEGMENTATION:

By Source:

·         New Construction

·         Renovation & Repairs

·         Demolition

By Service Type:

·         Collection 

·         Recycling

·         Landfill

·         Incineration

 By Waste Type:

·         Concrete & Gravel

·         Bricks & Ceramics

·         Asphalt & Tar

·         Wood

·         Cardboard

·         Plastic

·         Glass

·         Metal

·         Others

By Region:

·         North America

·         Europe

·         Asia Pacific

·         Latin America

·         Middle East and Africa

Based on source, the demolition segment accounted for the largest share in the global construction & demolition waste management market in 2021 and is expected to further retain its dominance in the market during the forecast period. The renovation & repair segment held the second largest share of 17.5% in the market in 2021 and is expected to maintain this trend and grow at a substantial rate over the forecast period. On the other hand, the construction segment is anticipated to register the highest CAGR in the market during the forecast period.

Based on service type, the collection segment dominated the global construction & demolition waste management market in 2021. The segment is anticipated to further retain its position in the market over the forecast period.

Based on waste type, the concrete & gravel segment held the largest share in the global construction & demolition waste management market in 2021 and the trend is expected to continue over the forecast period i.e. 2022-2030. On the other hand, the metal segment is predicted to attain the highest growth rate in the market during the forecast period.

REGIONAL OUTLOOK:

The Asia Pacific region dominated in the global construction & demolition waste management market in 2021 with a market share of over USD 20.0 billion. The region is expected to further garner considerable growth in the upcoming years and retain its position throughout the forecast period. The growth in the region can be attributed to the increasing waste generation, the rapidly expanding building & construction industry, the rapid adoption of recyclable material in the construction sector and the increasing emphasis of the government on the infrastructural development in the developing economies through supportive policies in the region. Moreover, the increasing populace and globalization are also expected to significantly contributing towards the growth of the global construction & demolition waste management market during the forecast period. The major contributors to the region include India, China and Japan.

The North American region held the second largest share in the global construction & demolition waste management market in 2021 and is expected to further witness substantial growth during the forecast period. The rising investments by marquee players in the region for the establishment of new construction projects in the major economies in the region is the predominant factor anticipated to fuel the growth of the market in the region during the forecast period. The U.S. is the major contributor to the growth of the market in the region.

The European region accounted for the third largest share in the global construction & demolition waste management market in 2021. The region is projected to further gather massive traction in the market in the forecast period owing to surging number of regulations being implemented by the governments on illegal dumping and the increasing awareness regarding environmental protection in the region.

KEY COMPANIES IN CONSTRUCTION & DEMOLITION WASTE MANAGEMENT MARKET:

·         Advanced Disposal Services LLC

·         Environment S.A.

·         Waste Connections

·         Clean Harbors Inc.

·         Remondis

·         Republic Services

·         FCC Environment Limited

·         Kiverco

·         Daiseki Co. Ltd.

·         Windsor Waste

·         Casella Waste Systems Inc.  

·         Progressive Waste Solution

·         Gamma Waste systems

·         Veolia Environmental

·         Waste Management Inc.

·         Renewi PLC

·         Other Players