Download Free Sample
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....
Recycled Concrete Market: By Product Type, By Form, By Application, and Geography
Recycled Concrete Market: By Product Type, By Form, By Application, and Geography
Recycled Concrete Market size was estimated at US$ 11.5 billion in 2023 and is poised to grow at a CAGR of 9.5% from 2024 to 2030 with an estimated market size to be US$ 21.7 billion. The Recycled Concrete Market refers to the industry involved in the recycling of concrete materials from demolition sites or construction waste into usable products. Concrete is one of the most widely used construction materials globally, but its production consumes significant natural resources, such as aggregates and cement. Recycling concrete helps conserve these resources and reduces the environmental impact associated with concrete production.
Rapid shift towards sustainable construction practices, surging demand for eco-friendly building materials, growing environmental concerns, rising awareness about the benefits of recycled concrete aggregates, increasing government initiatives to encourage the use of recycled materials for construction, growing trend of using RCAs across thriving residential and non-residential sectors, and advancements in production technologies can create new opportunities for recycled concrete manufacturers in the forecast period. However, the main restraints of the recycled concrete market include quality and performance concerns, market acceptance issues, and the high costs and complexities associated with logistics and processing infrastructure. Additionally, navigating varying regulatory standards across regions can hinder widespread adoption.
Study Period
2024-2030Base Year
2023CAGR
9.5%Largest Market
North AmericaFastest Growing Market
Asia Pacific
Environmental Concerns and Government Initiatives are going to boost the Market. The construction industry significantly contributes to global carbon emissions, but utilising recycled concrete can mitigate this environmental impact. Recycled concrete aggregates, produced from materials that would otherwise occupy landfills, help minimise construction waste. Governments worldwide are enacting regulations and initiatives to reduce waste and promote sustainability in the construction sector. These efforts are fostering the growth and development of the recycled concrete industry. Additionally, the expanding construction industry is driving the growth of the market. For instance, according to Global Construction Perspectives and Oxford Economics, global construction output is forecast to be 35% higher over the next decade to 2030 compared to the previous decade to 2020. A cumulative total of US$ 135 trillion in construction output is forecast for the decade to 2030. Also, the key players in the global recycled construction market are focusing on mergers and acquisitions to expand their presence, and thereby increase their customer base. For instance, in July 2021, Vulcan Material Company acquired USA Concrete, a leading supplier of ready-mixed concrete and aggregates.
Based on regions the market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. Among all, Asia-Pacific held the dominant position in the global recycled construction market in 2021, owing to the increased number of infrastructure activities in this region. China contributes around 60% of the market share in this region. For instance, in October 2022, according to data from the India Brand Equity Foundation (IBEF), under the Union Budget 2021-22, the Smart Cities Mission Scheme in India was awarded US$ 868 million as compared to US$ 457 million in FY21. Thus, smart city development is resulting in growing revenue generation opportunities for the Asia Pacific recycled construction market. North America’s dominance in the market is attributed to the growing use of recycled concrete aggregates as a sustainable resource in the region. According to the United States Environmental Protection Agency, in 2018, the U.S. produced over twice the amount of construction and demolition debris compared to municipal solid waste.
Latin America
Europe
Asia Pacific
Middle East
North America
|
Report Benchmarks |
Details |
|
Report Study Period |
2024-2030 |
|
Market Size in 2023 |
US$ 11.5 billion |
|
Market CAGR |
9.5% |
|
By Product Type |
|
|
By Form |
|
|
By Application |
|
Download Free Sample Report
The global recycled concrete market size was estimated at US$ 11.5 billion in 2023 and is projected to grow at a CAGR of 9.5% from 2024 to 2030 with an estimated market size to be US$ 21.7 billion.
Asia-Pacific accounts for the highest rate of growth in the recycled concrete market.
The major players in the recycled concrete market are Arcosa Inc., Big City Crushed Concrete, Cemex S.A.B. De C.V., CRH, Greenstone Materials Inc., Heidelberg Materials, Lehigh Cement, Holcim, Southern Crushed Concrete Llc, Top Grade Site Management Llc, Vulcan Materials Co., and Delta Sand & Gravel Co.
The key factors that are driving the recycled concrete market include increasing usage in the roadway & pavement, bridge bulk fills & riverbank protection, and concrete manufacturing.
Key factors hampering the growth of the recycled concrete market include quality and performance concerns, market acceptance issues, and the high costs and complexities associated with logistics and processing infrastructure. Additionally, navigating varying regulatory standards across regions can hinder widespread adoption.
| 1.Executive Summary |
| 2.Global Recycled Concrete Market Introduction |
| 2.1.Global Recycled Concrete Market - Taxonomy |
| 2.2.Global Recycled Concrete Market - Definitions |
| 2.2.1. Product Type |
| 2.2.2.Form |
| 2.2.3.Application |
| 2.2.4.Region |
| 3.Global Recycled Concrete Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Recycled Concrete Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Recycled Concrete Market By Product Type , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Sand |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Gravel and Crushed Stone |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Cement Concrete |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Asphalt Pavement Debris |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 6.Global Recycled Concrete Market By Form , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Unprocessed |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Processed |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 7.Global Recycled Concrete Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Roadway & Pavement |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Bridges |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Bulk Fills & Riverbank Protection |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Concrete Manufacturing |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Others |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8.Global Recycled Concrete Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9.North America Recycled Concrete Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Sand |
| 9.1.2.Gravel and Crushed Stone |
| 9.1.3.Cement Concrete |
| 9.1.4.Asphalt Pavement Debris |
| 9.2. Form Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Unprocessed |
| 9.2.2.Processed |
| 9.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Roadway & Pavement |
| 9.3.2.Bridges |
| 9.3.3.Bulk Fills & Riverbank Protection |
| 9.3.4.Concrete Manufacturing |
| 9.3.5.Others |
| 9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10.Europe Recycled Concrete Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Sand |
| 10.1.2.Gravel and Crushed Stone |
| 10.1.3.Cement Concrete |
| 10.1.4.Asphalt Pavement Debris |
| 10.2. Form Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Unprocessed |
| 10.2.2.Processed |
| 10.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Roadway & Pavement |
| 10.3.2.Bridges |
| 10.3.3.Bulk Fills & Riverbank Protection |
| 10.3.4.Concrete Manufacturing |
| 10.3.5.Others |
| 10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 11.Asia Pacific (APAC) Recycled Concrete Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Sand |
| 11.1.2.Gravel and Crushed Stone |
| 11.1.3.Cement Concrete |
| 11.1.4.Asphalt Pavement Debris |
| 11.2. Form Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Unprocessed |
| 11.2.2.Processed |
| 11.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Roadway & Pavement |
| 11.3.2.Bridges |
| 11.3.3.Bulk Fills & Riverbank Protection |
| 11.3.4.Concrete Manufacturing |
| 11.3.5.Others |
| 11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12.Middle East and Africa (MEA) Recycled Concrete Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Sand |
| 12.1.2.Gravel and Crushed Stone |
| 12.1.3.Cement Concrete |
| 12.1.4.Asphalt Pavement Debris |
| 12.2. Form Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Unprocessed |
| 12.2.2.Processed |
| 12.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Roadway & Pavement |
| 12.3.2.Bridges |
| 12.3.3.Bulk Fills & Riverbank Protection |
| 12.3.4.Concrete Manufacturing |
| 12.3.5.Others |
| 12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13.Latin America Recycled Concrete Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Sand |
| 13.1.2.Gravel and Crushed Stone |
| 13.1.3.Cement Concrete |
| 13.1.4.Asphalt Pavement Debris |
| 13.2. Form Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Unprocessed |
| 13.2.2.Processed |
| 13.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Roadway & Pavement |
| 13.3.2.Bridges |
| 13.3.3.Bulk Fills & Riverbank Protection |
| 13.3.4.Concrete Manufacturing |
| 13.3.5.Others |
| 13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.Arcosa Inc. |
| 14.2.2.Big City Crushed Concrete |
| 14.2.3.Cemex S.A.B. De C.V. |
| 14.2.4.CRH |
| 14.2.5.Greenstone Materials Inc. |
| 14.2.6.Heidelberg Materials |
| 14.2.7.Lehigh Cement |
| 14.2.8.Holcim |
| 14.2.9.Southern Crushed Concrete Llc |
| 14.2.10.Top Grade Site Management Llc |
| 14.2.11.Vulcan Materials Co. |
| 14.2.12.Delta Sand & Gravel Co. |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.