Recycled Construction Aggregates Market Research Report - Global Forecast till 2027

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 2027

ID: MRFR/CO/7229-HCR | February 2021 | Region: Global | 111 pages

Recycled Construction Aggregates Market Synopsis :


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.

Recycled construction aggregates are the building materials that are manufactured by processing inorganic constituents that are used in construction. Recycled construction aggregates include crushing and removing older aggregates into the aggregates of specific quality and size. Several types of recycled construction aggregates are asphalt pavement debris, crushed stone, sand & gravel, and cement concrete. The global market for recycled construction aggregates has been witnessing significant growth. The demand for recycled aggregates is expected to be driven by the increasing awareness for sustainable and eco-friendly construction among as well as among major builders in the construction industry. The declining availability of natural resource reserves has created a need for the increased adoption of crushed aggregate and dense graded aggregate across the globe. Furthermore, extensive progress made in research centers and laboratory investigations for the quality of recycled construction aggregates is driving the market. This has kept manufacturers motivated to accept super-plasticizers to increase the workability of recycled construction aggregates.


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.


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.


Key Players


The Key Players in the Global Recycled Construction Aggregates Industry are Green Stone Materials (US), Delta Sand & Gravel (US), Heidelbergcement AG (Germany), Aggregate Industries Management Inc. (US), CEMEX (Mexico), and LafargeHolcim Ltd (Switzerland).


Intended Audience



  • Raw material suppliers

  • End users

  • Product manufacturers

  • Regulatory bodies

  • Market research and consulting firms

  • Associations and industrial bodies



Report Scope:
Report Attribute/Metric Details
  Market Size   2018: USD 102.1 Billion
  CAGR   6.68% CAGR (2020-2027)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   by Technology, by Application, by Material
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Green Stone Materials (US), Delta Sand & Gravel (US), Heidelbergcement AG (Germany), Aggregate Industries Management Inc. (US), CEMEX (Mexico), and LafargeHolcim Ltd (Switzerland).
  Key Market Opportunities

  • Rapid urbanization
  • Unprecedented growth in the construction sector
  • Increase in focus on innovation in green construction materials
  •   Key Market Drivers

  • Recycled construction aggregates include crushing
  • Removing older aggregates into the aggregates of specific quality and size


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    Frequently Asked Questions (FAQ) :


    Global recycled construction aggregates market is projected to grow at approximately 6.68 % CAGR during the assessment period (2019-2025).

    Global recycled construction aggregates market had created a valuation of around USD 102.1 BN in 2018.

    Infrastructureis the largest end-use segment in the global recycled construction aggregates market.

    Europe holds the largest sharein the global recycled construction aggregates market, followed by North Americaandthe Asia Pacific, respectively.

    Heidelbergcement AG (Germany), LafargeHolcim Ltd (Switzerland), Delta Sand & Gravel (US), Aggregate Industries Management Inc. (US), and CEMEX (Mexico), Green Stone Materials (US), are some of the top players operating in the global recycled construction aggregates market.