Recycled Construction Aggregates Market Research Report Information by Product Type (Crushed Stone, Sand & Gravel, Cement Concrete and Asphalt Pavement Debris), End-Use [Residential, Commercial, Infrastructure, and others (Industrial and Monumental)] and Region (North America, Europe, Asia-Pacific, Middle East & Africa and South America) - Forecast till 2030

Recycled Construction Aggregates Market Overview

The Global Recycled Construction Aggregates Market was valued at USD 102.1 Billion in 2018 and is expected to witness a 6.68% CAGR during the forecast period. Today, recycled aggregates are gaining more traction than natural materials. The aggregates materials can include brick, masonry, asphalt and unbound materials. Through supplement cement materials all these aggregates are blended well. These materials are highly cost-efficient than the first grade or natural products. The sustainability and durability of this product are attracting many end users.

Recycling and using the construction aggregates are beneficial for the environment. They are eco-friendly products that do not harm the environment in any way. Today, the awareness about recycled aggregates is higher among end-users. Thus construction industry is depending more on such products. Demolition of waster and reusing it has a wide range of advantages. The construction cost of the building is reduced by holding through this process.

 Today, key regions such as Europe and the Asia Pacific are major users of the construction aggregates products. Many facilities treat these types of waste well to produce a quality construction material. The growing construction activities across the globe are increasing the supply and demand of the market. With more governmental initiatives about recycling, there are lots of new opportunities. All these are a factor that contributes to immense recycled construction aggregates market value. 

Global Recycled Construction Aggregate Market: Regional Analysis

Globally, the recycled construction aggregates market has been segmented into five regions—North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. Among these regions, Europe dominated the market in 2018 owing to the high demand for eco-friendly construction aggregates in the construction industry, favorable government policies to encourage factory automation, and increased demand for cost-effective and highly durable construction materials. In North America, the US is a major contributor to the recycled construction aggregate market. The major factor that fuels the growth of the market in the US is the presence of key market players. However, the lack of a skilled workforce and limited awareness regarding the advantages of recycled aggregates and changes in laws and regulations is hampering the market growth. On the other hand, Asia-Pacific is expected to register the highest CAGR during the forecast period.

Segmentation

The Global Recycled Construction Aggregate Market has been segmented based on Product Type, End-Use, and Region. By product type, the global recycled construction aggregates industries is segmented into crushed stone, sand & gravel, cement concrete, and asphalt pavement debris. The crushed stones segment held the largest share of the global recycled construction aggregates market in 2018 and is expected to witness the highest CAGR during the forecast period.

Based on end-use, the global recycled construction aggregates industries is segmented into residential, commercial, infrastructure, and others (industrial and monumental). The infrastructure segment held the largest market share of the global recycled construction aggregates market in 2018 and is expected to witness the highest CAGR during the forecast period.Recent Development

May 2020 

Sun rock group is a top company that s integrating with other aggregates' production facilities. It is acquiring the shares of a chemical company that will support new developments. The sun rock groups are known for the production of asphalt mix, with this new acquisition the production rate of new aggregates will increase. 

December 2019 

Arcosa is involved in various mergers and acquisitions. The company is the top producer of aggregates. It uses natural cement and recycles it into supplementary materials. Its new partnership with cherries Ltd will enhance the overall supply and demand of the company. 

Competitive Landscape

Market Research Future includes the following Key Players in the Recycled Construction Aggregate Industry research study: Delta Sand & Gravel (US), Heidelbergcement AG (Germany), Aggregate Industries Management Inc. (US), Green Stone Materials (US), CEMEX (Mexico), and LafargeHolcim Ltd (Switzerland) and others. Intense market competition, advances in technology, and progressive government policies are key factors that fuel market growth. The vendors compete based on product quality, cost, reliability, and workability. LafargeHolcim has been awarded an infrastructure contract by the British Columbia Ministry of Transportation and Infrastructure of over CAD 100 million for a major highway improvement project in Vancouver, Canada. LafargeHolcim also acquired Metro Mix, LCC a ready-mix concrete provider in Colorado.

Intended Audience

• Raw material suppliers


• End users


• Product manufacturers


• Regulatory bodies


• Market research and consulting firms


• Associations and industrial bodies