Published by Coherent Market Insights
Posted on September 24, 2021
Recycled construction aggregates are crushed cement concrete or asphalt pavement obtained from construction debris. These aggregates are collected and reused for construction activities. The global recycled construction aggregates market is projected to surpass 6.2 million tons by the end of 2027 in terms of volume, exhibiting a CAGR of 6.0% during the forecast period (2020 to 2027).
The expanding construction industry is expected to drive growth of the global recycled construction aggregates market during the forecast period. For instance, according to the Global Construction Perspectives and Oxford Economics, the global construction industry is expected to reach US$ 17.5 trillion by 2030, which is a US$ 8 trillion rise from 2015.
Among regions, Europe held dominant position in the global recycled construction aggregates market in 2019, reporting 35% market share in terms of volume, followed by North America, among others.
Top Key Players in Recycled Construction Aggregates market: Tarmac, Delta Sand & Gravel Co., LafargeHolcim Ltd., Aggregate Industries Management, Inc., CEMEX, Vulcan Materials Company, CESPA, Green Stone Materials, CRH Plc., and Heidelberg Cement AG
Regional Analysis:
Besides segmental breakdown, the report is highly structured into region wise study. The regional analysis comprehensively done by the researchers highlights key regions and their dominating countries accounting for substantial revenue share in the Recycled Construction Aggregates market. The study helps understanding how the market will fare in the respective region, while also mentioning the emerging regions growing with a significant CAGR. The following are the regions covered in this report.
Among regions, Asia Pacific is predicted to account for a big market share during the forecast period (2020-2027) due to the increasing population during this region. aside from this, factors like the increasing income and construction activities also are expected to favor demand for recycled construction aggregates during this region during the forecast period. as an example , as per the planet Bank’s data, in 2015, China recorded a population of 1.37 billion, which increased and reached 1.39 billion by 2018.
Key players in the recycled construction aggregates market are focusing on mergers and acquisitions to expand their presence and thereby increase their consumer base. For instance, in 2017, Heidelberg Cement AG’s U.S. subsidiary Cadman Materials, Inc., acquired Cemex’s Pacific Northwest Materials Business consisting of aggregates, asphalt and ready-mixed concrete operations business to cater to demand from the North American market.
The global recycled construction aggregates market is expected to witness significant growth in 2021, post Covid-19 pandemic. The construction industry is expected to grow post pandemic in 2021. Furthermore, various countries such as the U.S., among others, have started their construction activities in the second quarter of 2020. This suggests that demand for recycled construction aggregates has not faced a major decline during the pandemic and is expected to recover by the end of 2020 in developed economies.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
The post Recycled Construction Aggregates market Production Values, Supply-Demand, Brand Shares and Forecast 2020 appeared first on Gatorledger.
Recycled construction aggregates are crushed cement concrete or asphalt pavement obtained from construction debris. These aggregates are collected and reused for construction activities. The global recycled construction aggregates market is projected to surpass 6.2 million tons by the end of 2027 in terms of volume, exhibiting a CAGR of 6.0% during the forecast period (2020 to 2027).
The expanding construction industry is expected to drive growth of the global recycled construction aggregates market during the forecast period. For instance, according to the Global Construction Perspectives and Oxford Economics, the global construction industry is expected to reach US$ 17.5 trillion by 2030, which is a US$ 8 trillion rise from 2015.
Among regions, Europe held dominant position in the global recycled construction aggregates market in 2019, reporting 35% market share in terms of volume, followed by North America, among others.
Top Key Players in Recycled Construction Aggregates market: Tarmac, Delta Sand & Gravel Co., LafargeHolcim Ltd., Aggregate Industries Management, Inc., CEMEX, Vulcan Materials Company, CESPA, Green Stone Materials, CRH Plc., and Heidelberg Cement AG
Regional Analysis:
Besides segmental breakdown, the report is highly structured into region wise study. The regional analysis comprehensively done by the researchers highlights key regions and their dominating countries accounting for substantial revenue share in the Recycled Construction Aggregates market. The study helps understanding how the market will fare in the respective region, while also mentioning the emerging regions growing with a significant CAGR. The following are the regions covered in this report.
Among regions, Asia Pacific is predicted to account for a big market share during the forecast period (2020-2027) due to the increasing population during this region. aside from this, factors like the increasing income and construction activities also are expected to favor demand for recycled construction aggregates during this region during the forecast period. as an example , as per the planet Bank’s data, in 2015, China recorded a population of 1.37 billion, which increased and reached 1.39 billion by 2018.
Key players in the recycled construction aggregates market are focusing on mergers and acquisitions to expand their presence and thereby increase their consumer base. For instance, in 2017, Heidelberg Cement AG’s U.S. subsidiary Cadman Materials, Inc., acquired Cemex’s Pacific Northwest Materials Business consisting of aggregates, asphalt and ready-mixed concrete operations business to cater to demand from the North American market.
The global recycled construction aggregates market is expected to witness significant growth in 2021, post Covid-19 pandemic. The construction industry is expected to grow post pandemic in 2021. Furthermore, various countries such as the U.S., among others, have started their construction activities in the second quarter of 2020. This suggests that demand for recycled construction aggregates has not faced a major decline during the pandemic and is expected to recover by the end of 2020 in developed economies.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
The post Recycled Construction Aggregates market Production Values, Supply-Demand, Brand Shares and Forecast 2020 appeared first on Gatorledger.
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