Construction Waste Management Market Size

Global Construction Waste Management Market Overview

Construction Waste Management Market Size was valued at USD 368.69 billion in 2023. The Construction Waste Management industry is projected to grow from USD 387.49 Billion in 2024 to USD 548.89 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.45% during the forecast period (2024 - 2032). With a considerable number of participants worldwide, the construction waste management market is competitive and is the key market driver enhancing market growth.

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Construction Waste Management Market Trends

• 
  

  Environmental benefits and the development of a circular economy are driving market growth

  
  

Many environmental organizations encouraged constructors and developers to operate as per waste framework directives and prioritize construction and demolition waste management strategies. For instance, the European Commission has issued an objective to increase the reuse, material recovery, and recycling of construction and demolition waste (excluding hazardous materials) by up to 70%. The constant and keen efforts of governments across the globe on the recycling and reuse of waste debris from demolition and renovation sites have been a critical factor that prompted the development of a circular economy in the waste management sector. The progressive waste solutions and Application of the existing demolition waste in the foundation of new infrastructure are expected to provide an optimistic scenario for the growth of the construction and demolition waste management market in the years to come. This factor drives the market CAGR.

Additionally, WM Intellectual Property Holdings, L.L.C., Inc., Republic Services, IEISL, Krause Manufacturing Inc., and Kajima Corporation are the major participants in the worldwide construction waste management industry. With many participants worldwide, the construction waste management market is competitive. The firms are expected to employ various techniques to grow their worldwide presence and boost their market shares. Focus on high-quality products, cost-effectiveness, expansions, strategic partnerships, and cooperation with manufacturing businesses are some of the primary strategies used by the players. Globally, the increase in investment in real estate has led to the growth of the construction industry.

Factors such as the increase in the construction of commercial buildings, such as shopping complexes, educational facilities, and offices, are increasing the demand for construction waste management in the market. The growth in housing projects worldwide is expected to increase the demand for construction waste management globally. Factors such as increased spending on renovation and demolition are expected to drive market growth. In addition, reforms and regulations introduced by the governments of several countries to enhance the development of the construction and real estate sectors are increasing the demand for construction waste management. Thus, driving the Construction Waste Management market revenue.

Furthering this trend, Keith said during his presentation that China National Offshore Oil Corp.’s smart factory is programmed to enter phase two this July for the manufacturing of equipment. Such projects are expected to drive growth within the market during the forecast period.

For instance, in June 2023, plans were announced to knock down two New York City Housing Authority complexes on Manhattan’s West Side —the Fulton and Elliot-Chelsea Houses —and replace them with one high-rise apartment building. The demolition activities are likely to generate increased amounts of concrete waste that will need to be recycled or disposed of.

Construction Waste Management Market Segment Insights

Construction Waste Management Type Insights

The Construction Waste Management market segmentation, based on type, includes Hazardous, Non-Hazardous. The non-hazardous segment dominated the market because non-hazardous waste is more common in construction projects than hazardous waste. Non-hazardous waste is easier to manage and dispose of than hazardous waste. There are more regulations and restrictions on the disposal of hazardous waste.

Construction Waste Management Application Insights

The Construction Waste Management market segmentation, based on Application, includes Residential, Non-Residential. The non-residential segment dominated the market because non-residential construction projects generate more waste than residential construction projects. Non-residential construction projects often use more hazardous materials than residential construction projects. More regulations and restrictions exist on the disposal of construction waste from non-residential construction projects.

Holcim launched ECOCycle on April 6 —a proprietary circular technology platform used for recycling construction and demolition materials— which sustainably processes construction and demolition waste via efficient distribution grinding, processing recycling, etcetera. 

A pilot program was conducted in Lancaster, N.H., from May 30 through July to divert C&D waste from landfill to residential reuse. The program was conducted with technical assistance from the Northeast Resource Recovery Association. Such initiatives are expected to drive the growth of the C&D waste management market over the forecast period.

Figure1: Construction Waste Management Market, by Application, 2023 & 2032 (USD billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Construction Waste Management Waste Management Process Insights

Based on the waste management process, the Construction Waste Management market segmentation includes Job Site Sorting, Collection & Hauling, Tipping, Sorting, Containerization, Transport, and Disposal. The job site sorting segment dominated the market because job site sorting is the first step in the waste management process and is essential for ensuring that waste is properly disposed of. Job site sorting separates waste into categories, such as recyclables, hazardous, and non-hazardous waste. Job site sorting is essential for ensuring that waste is properly disposed of. Job site sorting can help reduce the amount of waste sent to landfills.

Construction Waste Management Regional Insights

By Region, the study provides market insights into North America, Europe, Asia-Pacific and the Rest of the World. The Asia-Pacific Construction Waste Management Market will dominate this market, owing to the extensive emphasis of the central government on infrastructure development, and the rise in demand for residential buildings will boost the market growth in this Region. Moreover, China’s Construction Waste Management market held the largest market share, and the Indian Construction Waste Management market was the fastest-growing market in the Asia-Pacific region.

Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure2: CONSTRUCTION WASTE MANAGEMENT MARKET SHARE BY REGION 2023 (%)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Europe's Construction Waste Management market accounts for the second-largest market share due to the supportive government initiatives by the European Commission are anticipated to provide an optimistic market forecast within the Region. Further, the German Construction Waste Management market held the largest market share, and the UK Construction Waste Management market was the fastest-growing market in the European Region.

The North American construction waste management market area is expected to grow at the fastest CAGR from 2023 to 2032. This is due to the increasing demand for eco-friendly construction operations and the need for builders and developers to reduce the cost of procuring raw materials.

Construction Waste Management Key Market Players & Competitive Insights

Leading market players are investing heavily in research and development to expand their product lines, which will help the Construction Waste Management market grow even more. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the Construction Waste Management industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the Construction Waste Management industry to benefit clients and increase the market sector. In recent years, the Construction Waste Management industry has offered some of the most significant advantages to medicine. Major players in the Construction Waste Management market, including WM Intellectual Property Holdings, L.L.C., Inc., Republic Services, IEISL, Krause Manufacturing Inc., Kajima Corporation., and others, are attempting to increase market demand by investing in research and development operations.

Frontier Waste Solutions is a non-hazardous waste and recycling collection company. We offer residential trash pickups, bulk pickups, commercial trash service and roll-off construction dumpster rentals. Frontier Waste Solutions, a U.S.-based company engaged in the waste disposal and recycling, announced the acquisition of Absolute Waste Services Inc. (AWS). The acquisition aided the company in increasing its customer base for commercial, residential, and roll-off waste collection services.

Kinderhook Industries, LLC is a New York City American private equity firm. Since 2003, the firm has raised over $5 billion under management and has made more than 300 investments. Kinderhook partners with middle-market businesses. Kinderhook Industries LLC's portfolio company Capital Waste Services has recently completed the acquisition of U.S.-based Sandlands, which is engaged in construction and demolition landfill operations across the market.

Key Companies in the Construction Waste Management market include

• Waste Management (US)


• Veolia (France)


• Republic Services (US)


• SUEZ (France)


• Waste Connections (US)


• Biffa (England)


• Clean Harbors (US)


• Covanta Holding (US)


• Daiseki (Japan)


• Hitachi Zosen (Japan)

Construction Waste Management Industry Developments

March 2023: Comprehensive waste management service provider WM has finalized the Specialized Environmental Technologies, Inc acquisition.

 March 2023: Kinderhook Industries LLC's portfolio company Capital Waste Services has recently completed the acquisition of U.S.-based Sandlands, which is engaged in construction and demolition landfill operations across the market.

Construction Waste Management Market Segmentation

Construction Waste Management Waste Type Outlook

• Hazardous


• Non-Hazardous

Construction Waste Management Application Outlook

• Residential


• Non-Residential

Construction Waste Management Waste Management Process Outlook

• Job Site Sorting


• Collection & Hauling


• Tipping


• Sorting


• Containerization


• Transport


• Disposal

Construction Waste Management Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Australia
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East
  
  
  • Africa
  
  
  • Latin America