Recycled construction aggregates are crushed rock pieces reused for building and infrastructure construction to save mining of natural resources. They are safe, durable and eco-friendly alternatives to natural aggregates. Construction projects increasingly adopt recycled aggregates to reduce environmental impact.

The global Recycled Construction Aggregates Market is estimated to be valued at US$ 46.87 Bn in 2023 and is expected to exhibit a CAGR of 8.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

The increasing adoption of sustainable construction practices among developers and governments is a major factor driving growth of the recycled construction aggregates market. Construction projects are increasingly embracing sustainable materials like recycled aggregates to lower carbon footprint and support green growth. Government policies and subsidies promote use of recycled aggregates as a substitute for natural construction materials. Rapid growth in construction activities along with focus on sustainability has augmented the demand for recycled construction aggregates across regions over the forecast period.

Segment Analysis
The global recycled construction aggregates market size is dominated by the crushed stone segment. Crushed stone accounts for over 70% of the market share as it is the most cost effective substitute for virgin aggregates. Being one of the most abundant natural resources, crushed stone provides an environmental and economical alternative to landfilling as concrete and asphalt can be recycled for reuse.

Key Takeaways
The global recycled construction aggregates market is expected to witness high growth over the forecast period of 2023 to 2030. The global Recycled Construction Aggregates Market is estimated to be valued at US$ 46.87 Bn in 2023 and is expected to exhibit a CAGR of 8.5% over the forecast period 2023 to 2030.

Regional analysis
North America currently dominates the global recycled construction aggregates market and is expected to maintain its leading position throughout the forecast period. Strict regulations regarding landfills and initiatives by governments for sustainable construction are driving the use of recycled aggregates in the region. The Asia Pacific region is expected to be the fastest growing market and will account for over 30% of the global demand by 2030. Rapid infrastructure development and growing construction spending in countries such as India and China is supporting market growth.

Key players
Key players operating in the recycled construction aggregates market are Apotheek Zur Rose, Viataal, Stichting De Apothekerscoöperatie, and Holland Pharma. Apotheek Zur Rose is a leading player with a wide global footprint. Viataal has a strong presence in Europe while Stichting De Apothekerscoöperatie and Holland Pharma dominate the Dutch market.

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