Construction & Demolition Waste Management Market 2030: The Rise of Recycling Technologies
The global construction & demolition waste management market size was estimated at USD 209.5 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2030. The market is significantly driven by the growth in construction projects and renovation activities across the world. Construction and demolition activities generate huge amounts of waste material such as wood, metal, concrete, sand, soil, bricks, etc. The rising initiatives by various governments to manage this waste in an environmentally sound way are expected to increase the potential of construction and demolition waste recycling and reuse. In the U.S., the Environmental Protection Agency (EPA) has established a set of rules and guidelines to efficiently manage construction and demolition waste. EPA promotes a sustainable approach known as Sustainable Materials Management (SMM) that can identify construction and demolition (C&D) debris, which has the potential to be reuse...