Construction and Demolition Waste Management Market Size Share Forecast 2032
The global construction and demolition waste management market size was valued at USD 118.69 billion in 2024 and is projected to reach USD 183.67 billion by 2032 at a CAGR of 5.8 percent.
Construction and Demolition Waste Management Market Overview
The global construction and demolition waste management market is growing steadily due to increasing adoption of recycled raw materials in the construction industry. The market size was valued at USD 118.69 billion in 2024 and is projected to reach USD 183.67 billion by 2032, exhibiting a CAGR of 5.8 percent during the forecast period. The Asia Pacific region led the global market with a share of 18.41 percent in 2024.
Market Snapshot
2024 Market Size USD 118.69 Billion
2025 Estimate USD 123.61 Billion
2032 Forecast USD 183.67 Billion
CAGR 5.8 percent during the forecast period
Asia Pacific holds 18.41 percent share in 2024
Key Growth Drivers
Increasing Use of Recycled Raw Materials
Prominent builders are increasingly using recycled construction materials due to their cost-effectiveness, eco-friendly nature, and easy availability. This trend is significantly driving the market growth.
Rapid Urbanization
Growing urbanization and infrastructure development projects worldwide are fueling the need for effective waste management solutions in construction and demolition activities.
Affordable Recycling Solutions
Companies are providing affordable recycling machines and plants to promote the use of recycled waste, helping to close the demand and supply gap for raw materials in construction.
Market Restraints
Lack of Awareness
Limited awareness about the benefits of recycling construction waste in developing regions may hamper market growth.
High Initial Investments
Setting up recycling facilities requires substantial capital investment, which can be a barrier for small and medium players.
Market Opportunities
Government Initiatives
Supportive policies and regulations for sustainable construction and waste management create growth opportunities for market players.
Technological Advancements
Integration of smart waste management technologies and automated recycling systems will open new avenues for the market in the coming years.
Market Segmentation
By Material Concrete and Gravel Bricks and Ceramics Asphalt and Tar Timber and Wood Products Metals and Others
By Source Demolition Construction and Renovation
By Service Disposal and Collection
Top Construction and Demolition Waste Management Companies
Veolia Environnement SA
Waste Connections
Clean Harbors Inc
Remondis
Republic Services
FCC Environment Limited
WM Intellectual Property Holdings LLC
Kiverco
Daiseki Co Ltd
Windsor Waste
Casella Waste Systems Inc
Renewi plc
Key Industry Developments
March 2025 Frontier Waste Solutions acquired Absolute Waste Services Inc expanding its customer base for commercial and residential waste collection services.
March 2025 WM completed the acquisition of Specialized Environmental Technologies Inc to strengthen its waste management portfolio.
March 2025 Capital Waste Services acquired Sandlands to expand its construction and demolition landfill operations.
February 2024 SSN Innovative Infra LLP commissioned a new construction and demolition waste management processing plant in Maharashtra India to promote eco-friendly waste disposal.
Read the full report at https://www.fortunebusinessinsights.com/construction-and-demolition-waste-management-market-105550