Recycled Concrete Aggregates Market Introduction and Overview
According to SPER Market Research, the Global Recycled Concrete Aggregates Market is estimated to reach USD 21.10 billion by 2033 with a CAGR of 8.21%.
The report includes an in-depth analysis of the Global Recycled Concrete Aggregates Market, including market size and trends, product mix, distribution channels, and supplier analysis.The most significant, most adaptable, and most extensively utilized construction material in the world is concrete. The sector is compelled to innovate due to a number of factors, including increased labor expenses, stricter sustainability regulations, growing costs, and the availability of new materials, production methods, and digital technologies. Demolition and removal of concrete pavements, buildings, etc., adds to the environmental load. The greatest single component of construction debris, which accounts for a significant share of solid waste disposal issues, is concrete. Recycled concrete aggregates, which are thought to be less expensive than natural aggregates, can be made from concrete debris.
- September 2019: Recycled concrete aggregates are defined as aggregates formed from waste materials to reduce the environmental harm caused by cement production and provide a more dependable alternative.
- December 2018: Recycled concrete aggregates are defined as aggregates made of waste materials that form clusters to reduce the environmental harm caused by cement manufacture and provide a more dependable product.
Market Opportunities and Challenges
The demand for recycled concrete worldwide is influenced by several variables. This covers issues related to the environment, the requirement for environmentally friendly building techniques, and government programmed designed to cut waste and advance sustainability. Governmental initiatives to stimulate the market and environmental concerns. While the building sector is one of the major producers of carbon emissions worldwide, using recycled concrete helps lessen the negative environmental effects of the sector. Recycled concrete aggregates lessen the quantity of trash produced by building projects since they are derived from materials that would otherwise wind up in landfills.
The market for recycled concrete aggregates (RCAs) is expanding, but there are a number of obstacles in the way. One of the main issues is that both building businesses and customers are unaware of the advantages of utilizing RCA. The adoption of RCAs may be hampered by the fact that many customers and construction businesses are still ignorant of the financial and environmental benefits of doing so. The unpredictability of recycled concrete material quality is another issue impeding industry expansion. Recycled concrete comes in a broad range of quality depending on where it comes from and how it is processed. Construction businesses may be discouraged from utilizing RCAs in their projects as a result of this unpredictability, which can result in uneven performance.
Market Competitive Landscape
Due to the restricted market shares held by a few top producers, the worldwide market is very fragmented. The key market players are Big City Crushed Concrete, CEMEX S.A.B. de C.V, Delta Sand & Gruel Co., FERMA Corp, Independence Recycling of Florida, Lafarge Holcin, Lehigh Cement, Southern Crushed Concrete, Top Grade Site Management, LLC, Vulcan Materials Company.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2020-2033 |
Base year considered | 2023 |
Forecast period | 2024-2033 |
Segments covered | By Product, By Application
|
Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
|
Companies Covered | Big City Crushed Concrete, CEMEX S.A.B. de C.V, Delta Sand & Gruel Co., FERMA Corp, Independence Recycling of Florida, Lafarge Holcin, Lehigh Cement, Southern Crushed Concrete, Top Grade Site Management, LLC, Vulcan Materials Company.
|
COVID-19 Impact on Global Recycled Concrete Aggregates Market
The COVID-19 pandemic has had significant impacts on the recycled concrete aggregates (RCA) market such as lockdowns, restrictions on movement, and disruptions to transportation networks have hampered the collection, processing, and distribution of construction and demolition waste, which serves as a primary source of recycled concrete aggregates which led to shortages in the availability of recycled materials for construction projects. Concerns about the spread of COVID-19 among construction workers and labor shortages have affected the operations of recycling facilities and construction sites, leading to disruptions in the supply chain and production of recycled concrete aggregates.
Key Target Audience
- Construction companies and contractors
- Civil engineers and architects
- Government agencies and municipalities
- Aggregate producers and suppliers
- Environmental organizations and advocates
- Demolition and recycling contractors
- Infrastructure development agencies
- Research institutions and academia
Our in-depth analysis of the Recycled Concrete Aggregates Market includes the following segments:
By Product: |
Unprocessed
Processed
|
By Application: |
Bridges
Concrete
Roadway and pavement
|
By Region:
|
Asia-Pacific
Europe
Middle East & Africa
North America
Latin America
|
Key Topics Covered in the Report
- Global Recycled Concrete Aggregates Market Size (FY’2024-FY’2033)
- Overview of Global Recycled Concrete Aggregates Market
- Segmentation of Global Recycled Concrete Aggregates Market By Product (Unprocessed, Processed)
- Segmentation of Global Recycled Concrete Aggregates Market By Application (bridges, Concrete Manufacturing, Roadway and pavement)
- Statistical Snap of Global Recycled Concrete Aggregates Market
- Expansion Analysis of Global Recycled Concrete Aggregates Market
- Problems and Obstacles in Global Recycled Concrete Aggregates Market
- Competitive Landscape in the Global Recycled Concrete Aggregates Market
- Impact of COVID-19 and Demonetization on Global Recycled Concrete Aggregates Market
- Details on Current Investment in Global Recycled Concrete Aggregates Market
- Competitive Analysis of Global Recycled Concrete Aggregates Market
- Prominent Players in the Global Recycled Concrete Aggregates Market
- SWOT Analysis of Global Recycled Concrete Aggregates Market
- Global Recycled Concrete Aggregates Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Recycled Concrete Aggregates Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Recycled Concrete Aggregates Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Recycled Concrete Aggregates Market.
7. Global Recycled Concrete Aggregates Market, By Product (USD Million)
7.1. Global Recycled Concrete Aggregates Market Value Share and Forecast, By Product, 2024-2033
7.2. Unprocessed
7.3. Processed
8. Global Recycled Concrete Aggregates Market, By Application (USD Million)
8.1. Global Recycled Concrete Aggregates Market Value Share and Forecast, By Application, 2024-2033
8.2. Bridges
8.3. Concrete
8.4. Roadway and pavement
9. Global Recycled Concrete Aggregates Market Forecast, 2020-2033 (USD Million)
9.1. Global Recycled Concrete Aggregates Market Size and Market Share
10. Global Recycled Concrete Aggregates Market, By Product 2020-2033 (USD Million)
10.1. Global Recycled Concrete Aggregates Market Size and Market Share By Product (2020-2026)
10.2. Global Recycled Concrete Aggregates Market Size and Market Share By Product (2027-2033)
11. Global Recycled Concrete Aggregates Market By Application, 2020-2033 (USD Million)
11.1. Global Recycled Concrete Aggregates Market Size and Market Share By Application (2020-2026)
11.2. Global Recycled Concrete Aggregates Market Size and Market Share By Application (2027-2033)
12. Global Recycled Concrete Aggregates Market, By Region, 2020-2033 (USD Million)
12.1. Global Recycled Concrete Aggregates Market Size and Market Share By Region (2020-2026)
12.2. Global Recycled Concrete Aggregates Market Size and Market Share By Region (2027-2033)
12.3. Asia-Pacific
12.3.1. Australia
12.3.2. China
12.3.3. India
12.3.4. Japan
12.3.5. South Korea
12.3.6. Rest of Asia-Pacific
12.4. Europe
12.4.1. France
12.4.2. Germany
12.4.3. Italy
12.4.4. Spain
12.4.5. United Kingdom
12.4.6. Rest of Europe
12.5. Middle East and Africa
12.5.1. Kingdom of Saudi Arabia
12.5.2. United Arab Emirates
12.5.3. Rest of Middle East & Africa
12.6. North America
12.6.1. Canada
12.6.2. Mexico
12.6.3. United States
12.7. Latin America
12.7.1. Argentina
12.7.2. Brazil
12.7.3. Rest of Latin America
13. Company Profile
13.1. Big City Crushed Concrete
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. CEMEX S.A.B. de C.V
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. Delta Sand & Grauel Co.
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. FERMA CORP
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. Independence Recycling of Florida
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.1. LAFARGE Holcim
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. Lehigh Cement
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. Southern Crushed Concrete
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. Top Grade Site Management
13.4.1. Company Details
13.4.2. Financial Outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. Vulcan Materials Company
13.5.1. Company Details
13.5.2. Financial Outlook
13.5.3. Product Summary
13.5.4. Recent developments
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.