Pune, India, January 2019, MRFR Press Release/- Market Research Future has published a Half-Cooked Research Report on the Global Recycled Construction Aggregates Market.
The growing construction and infrastructure sector at a significant growth rate across the globe due to market trends such as shifting standard of living among consumers increased consumer preference for recycled aggregates in the construction, and the easy procurement of innovative and advanced construction materials. Additionally, an increasing focus on conserving the environment and increasing sustainability in the global construction industry to propel the market for the recycled construction aggregates market. Recycled construction aggregates are gradually replacing natural aggregates present in the market from the supply and demand sides. These recycled construction aggregates include concrete, crushed bricks and masonry, recycled unbound materials, and crushed asphalt.
Europe is expected to register the largest share in the recycled construction aggregates market during the forecast period: MRFR
Based on region, the recycled construction aggregates market has been segmented into Europe, Asia-Pacific, North America, South America, and the Middle East & Africa. In 2018, Europe dominated the market in terms of growth rate primarily due to the growth in the residential and non-residential construction industry in the region. Moreover, in the Middle East & Africa, the construction industry is rapidly growing due to the growing population and economic development, which is boosting the growth of the recycled construction aggregates market.
Global Recycled Construction Aggregates Market was valued at USD 102.1 Billion in 2018 and is expected to witness 6.68% CAGR during the forecast period.
The crushed stone is expected to occupy the larger share of the global recycled construction aggregates market: MRFR
By product type, the global recycled construction aggregates market has been segmented into crushed stone, sand & gravel, cement concrete, and asphalt pavement debris. The crushed stones segment is expected to register the higher growth rate in the global market during the forecast period, owing to various advantages such as cost-effectiveness, including easy raw material procurement.
The infrastructure segment is expected to hold the largest share of the global recycled construction aggregates market: MRFR
Based on end-use, the global recycled construction aggregates market is segmented into residential, commercial, infrastructure, and others (industrial and monumental). The infrastructure segment is expected to witness the highest growth during the forecast period owing to the increasing investments in highway projects and structured planning, especially in Asia-Pacific.
Global Recycled Construction Aggregates Market, 2018–2025 (USD Million)
Source: MRFR Analysis
Scope of the Report
This study provides an overview of the global recycled construction aggregates market, tracking three market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for Europe, Asia-Pacific, North America, the Middle East & Africa, and South America. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global recycled construction aggregates market by product type, end-use, and region.
The Prominent Players in the Global Recycled Construction Aggregates Market include Heidelbergcement AG (Germany), Delta Sand & Gravel (US), Green Stone Materials (US), Aggregate Industries Management Inc. (US), CEMEX (Mexico), and LafargeHolcim Ltd (Switzerland).
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