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Recycled Construction Aggregates Market

Recycled Construction Aggregates Market, by Product Type (Crushed Stone, Sand & Gravel, Cement Concrete and Other Aggregates), by Application (u0421u043emmu0435ru0441u0456u0430l, Ru0435u0455u0456du0435ntu0456u0430l, u0406nduu0455tru0456u0430l and u0406nfru0430u0455truu0441turu0435), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027

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Recycled Construction Aggregates Market

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  1. Coherent Market Insights Market Research and Business Consulting Services https://www.coherentmarketinsights.com/ COVID-19 Impact Tracker

  2. RECYCLED CONSTRUCTION AGGREGATES MARKET ANALYSIS • Recycled Construction Aggregates Market, by Product Type (Crushed Stone, Sand & Gravel, Cement Concrete and Other Aggregates), by Application (Соmmеrсіаl, Rеѕіdеntіаl, Іnduѕtrіаl and Іnfrаѕtruсturе), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027

  3. 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).

  4. Drivers: • 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.

  5. Figure 1. Global Recycled Construction Aggregates Market Revenue Share (%), By Region, 2019 Market Restraints: The recycled construction aggregates market is severely affected due to declining construction activities during severe rains and winters, worldwide. These factors are expected to restrain growth of the recycled construction aggregates market during the forecast period.

  6. Market Opportunities: • 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.

  7. Figure 2. Global Recycled Construction Aggregates Market – Opportunity Analysis Market Trends: The rising awareness regarding the depletion of natural resources has led to an increase in demand for recycled materials for construction activities. Therefore, demand for recycled construction aggregates is expected to increase during the forecast period.

  8. Figure 3. Global Recycled Construction Aggregates Market Revenue Share (%), By Application, 2019 On the basis of application, the recycled construction aggregates market is segmented into commercial, residential, industrial and infrastructure. In 2019, the infrastructure segment accounted for 37% of the volume share. Global Recycled Construction Aggregates Market - Impact of Coronavirus (Covid-19) Pandemic: 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.

  9. Competitive Section: Key players operating in the global recycled construction aggregates market are 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.

  10. Request Sample Report • Request Customization • Download PDF Brochure • Talk to Analyst • Buy Now Reference: https://www.coherentmarketinsights.com/market-insight/recycled-construction-aggregates-market-3968.

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