Construction Waste Management Market Overview
The global construction waste management market size is expected to be valued at USD 542.7 billion by 2028 at a CAGR of 5.1%, from an estimated USD 423.4 billion in 2021. The Global Market for Construction Waste Management has been emerging due to a substantial degree of growth in the past couple of years, especially during the historic forecast period that had ended in 2019. The demand for construction waste management is rising with an upscale in the market trends and activities that are a result of the rise in growth opportunities for the market during the ongoing period that ends in 2028.
Competitive Landscape
Global Construction waste management market is estimated to grow at an 8% CAGR by the end of the global forecast period in 2028. The emergence of the key market players is important to help the market is rising rapidly, witness substantial growth, and reach the predicted figures by the end of the forecast period in 2028. The key market players have been recognized under the head of the global market competition owing to recent developments that have been taken by them and are as follows:
- Waste Management (US)
- Veolia (France)
- Republic Services (US)
- SUEZ (France)
- Waste Connections (US)
- Biffa (England)
- Clean Harbors (US)
- Covanta Holding (US)
- Daiseki (Japan)
- Hitachi Zosen (Japan)
Segment Overview
The Global Construction Waste Management Market has been bifurcated into various segments that will help the market to witness the highest CAGR during the forecast period. The market has been segmented based on the following:
Based on waste type, the market has been segmented as follows:
- Hazardous waste and;
- Non Hazardous waste
- Building material wastes
- Dredging material wastes
Based on the application, the market has been segmented as follows:
- Residential
- Non Residential
Based on the waste management process, the market has been segmented as follows:
- Job site sorting
- Collection and Hauling
- Tipping
- Sorting
- Containerization
- Transport and Disposal
Regional Analysis
The Global Construction Waste Management Market has witnessed significant growth in the construction waste management market, due to the rising economy and rapid growth in industrialization mainly in the regions of China, India, and other emerging countries. However, if domination is concerned, the regions of Asia-Pacific gold the construction waste management market which is followed by North America.
Recent Developments
- There has been an increase in the Global Market for Construction Waste Management in the past couple of years. The demand for construction waste management market segments is driven by the growing construction industry. There has been a substantial rise in renovation and remodeling, and the others like the rising popularity of construction waste management techniques. Hence, the demand for global construction waste management is high in the forecast period that will end in 2028.
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. MRFR’s approach combines the proprietary information with various data sources to give an extensive understanding to the client about the latest key developments, expected events and also about what action to take based on these aspects.
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