Recycled construction aggregates are materials salvaged from demolished structures, repurposed instead of being discarded as waste. These aggregates encompass crushed or processed concrete, asphalt, bricks, and blocks. Utilizing recycled construction aggregates in new construction endeavors diminishes the necessity for raw material extraction from quarries and helps conserve natural resources.

The global Recycled Construction Aggregates Market is anticipated to be valued at US$ 46.87 billion in 2023, exhibiting a projected Compound Annual Growth Rate (CAGR) of 9.5% from 2023 to 2030, as indicated by a recent report from Coherent Market Insights.

Market Key Trends: A notable trend in the recycled construction aggregates market is the surge in construction and demolition waste. The escalating global urbanization results in increased infrastructure development, generating substantial construction waste as structures reach the end of their usable life. Simultaneously, older structures are demolished to make way for new construction, augmenting the raw material supply for recycled construction aggregates. Stringent regulations in many countries promote the reuse of construction waste, aiming to reduce landfill volumes, thereby fostering greater adoption of recycled materials in the construction industry.

Segment Analysis: The global recycled construction aggregates market can be segmented into crushed stone, concrete, and asphalt. Among these, the crushed stone segment dominated the market in 2022, accounting for over 40% of the global market share. Crushed stone is favored for its higher strength, flexibility, and longevity compared to other materials, making it widely used in the construction of buildings, roads, bridges, and other infrastructure development projects.

Key Takeaways:

The Global Recycled Construction Aggregates Market Size is poised for substantial growth, manifesting a CAGR of 9.5% over the forecast period from 2023 to 2030, propelled by escalating infrastructure development activities across both developed and developing regions.

The projected market size for global recycled construction aggregates is expected to reach US$ 46.87 billion in 2023.

Europe led the global market in 2022 and is anticipated to maintain its dominance during the forecast period. Countries like the UK, Germany, and France emphasize high infrastructure development using recycled construction materials to drive sustainable development. Asia Pacific is projected to be the fastest-growing market, fueled by rapid urbanization and government initiatives for smart city development in nations such as China and India.

Key Players: Major players in the recycled construction aggregates market include 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. These industry leaders are channeling increased investments into recycling technology and expanding their presence through mergers and acquisitions to fortify their market position.

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