Recycled Construction Aggregates Market Analysis

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RECYCLED CONSTRUCTION AGGREGATES MARKET ANALYSIS

• Recycled Construction Aggregates Market, by
  Product Type (Crushed Stone, Sand Gravel,
  Cement Concrete and Other Aggregates), by
  Application (??mm?r???l, R???d?nt??l, ?ndu?tr??l
  and ?nfr??tru?tur?), and by Region (North
  America, Latin America, Asia Pacific, Europe, and
  Middle East Africa) - Size, Share, Outlook, and
  Opportunity Analysis, 2020 - 2027

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• Recycled construction aggregates are crushed
  cement concrete or asphalt pavement obtained from
  construction debris. These aggregates are
  collected and reused for construction activities.
  The global recycled construction aggregates
  market is projected to surpass 6.2 million tons
  by the end of 2027 in terms of volume, exhibiting
  a CAGR of 6.0 during the forecast period (2020
  to 2027).
• Drivers
• The expanding construction industry is expected
  to drive growth of the global recycled
  construction aggregates market during the
  forecast period. For instance, according to the
  Global Construction Perspectives and Oxford
  Economics, the global construction industry is
  expected to reach US 17.5 trillion by 2030,
  which is a US 8 trillion rise from 2015.
• Among regions, Europe held dominant position in
  the global recycled construction aggregates
  market in 2019, reporting 35 market share in
  terms of volume, followed by North America, among
  others.

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Figure 1. Global Recycled Construction Aggregates
Market Revenue Share (), By Region, 2019
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• Market Restraints
• The recycled construction aggregates market is
  severely affected due to declining construction
  activities during severe rains and winters,
  worldwide. These factors are expected to restrain
  growth of the recycled construction aggregates
  market during the forecast period.

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• Market Opportunities
• Key players in the recycled construction
  aggregates market are focusing on mergers and
  acquisitions to expand their presence and thereby
  increase their consumer base. For instance, in
  2017, Heidelberg Cement AGs U.S. subsidiary
  Cadman Materials, Inc., acquired Cemexs Pacific
  Northwest Materials Business consisting of
  aggregates, asphalt and ready-mixed concrete
  operations business to cater to demand from the
  North American market.

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Figure 2. Global Recycled Construction Aggregates
Market Opportunity Analysis
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• Market Trends
• The rising awareness regarding the depletion of
  natural resources has led to an increase in
  demand for recycled materials for construction
  activities. Therefore, demand for recycled
  construction aggregates is expected to increase
  during the forecast period.
• On the basis of application, the recycled
  construction aggregates market is segmented into
  commercial, residential, industrial and
  infrastructure. In 2019, the infrastructure
  segment accounted for 37 of the volume share.

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Figure 3. Global Recycled Construction Aggregates
Market Revenue Share (), By Application, 2019
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• Global Recycled Construction Aggregates Market -
  Impact of Coronavirus (Covid-19) Pandemic
• The global recycled construction aggregates
  market is expected to witness significant growth
  in 2021, post Covid-19 pandemic. The construction
  industry is expected to grow post pandemic in
  2021. Furthermore, various countries such as the
  U.S., among others, have started their
  construction activities in the second quarter of
  2020. This suggests that demand for recycled
  construction aggregates has not faced a major
  decline during the pandemic and is expected to
  recover by the end of 2020 in developed
  economies.
• Competitive Section
• Key players operating in the global recycled
  construction aggregates market are 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.

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  market-insight/recycled-construction-aggregates-ma
  rket-3968

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