Recycled aggregates report released

A new report highlights the importance of recycled aggregates for the global construction market. The report has been compiled by research specialist Fact.Mr and shows that prospects remain bullish for the recycled construction aggregates market. According to the report, there were sales of recycled aggregates in excess of over 3.7 million tonnes estimated in 2018, with a 5% growth expected for 2019. The report highlights that the recycled construction aggregates market is influenced by various factors, ra
January 24, 2019 Read time: 3 mins

A new report highlights the importance of recycled aggregates for the global construction market. The report has been compiled by research specialist Fact.Mr and shows that prospects remain bullish for the recycled construction aggregates market. According to the report, there were sales of recycled aggregates in excess of over 3.7 million tonnes estimated in 2018, with a 5% growth expected for 2019.

The report highlights that the recycled construction aggregates market is influenced by various factors, ranging from resurgent construction activities to infrastructure development efforts of governments worldwide, particularly in developing economies.

There been a preference for recycled construction and crushed stone among manufacturers, due to cost-efficiency. The market for recycled aggregates is already strong for markets such as building driveways, footpaths, and car parking. However demand for recycled aggregates is growing in the important segment for infrastructure development projects. High transportation and handling cost of crushed stones have led governments to carry out production and recycling activities locally. This is ensuring a healthy market for recycled construction aggregates.

The study expects Asia Pacific Excluding Japan (APEJ) to remain lucrative in the recycled construction aggregates market. The sales in APEJ is expected to exceed 2.3 million tonnes in 2018. As construction and demolition waste in APEJ is becoming a major issue, leading construction institutions in the region are implementing demolition waste management programmes.

The market for construction and demolition waste in India is likely to increase. Recycling construction and demolition waste by converting it into aggregates is gaining in popularity in India as a sustainable measure.

China is likely to emerge as the largest consumer of recycled construction aggregates in the coming years. A massive rise in construction is stimulating the market for recycled aggregates in China. The healthier construction development is likely to drive growth for recycled construction aggregates in Eastern Europe also. Meanwhile Germany is expected to hold a strong position. Recycled construction aggregates is emerging as an important source of aggregates in Britain, owing to the rise in demolition of old structures and construction of new building and structures.

The 2465 European Commission is focusing on introducing new guidelines and protocols on construction and demolition waste management with an aim to build trust in the quality of construction and demolition recycled materials. North America is also witnessing increasing use of recycled construction aggregates in road construction. States across the region are adopting regulations leading to the rise in the percentage of recycled asphalt pavement in the asphalt-based road construction.

Government projects and private sector projects are focussing on using a higher percentage of recycled construction aggregates to build roads and bridges. Demolished materials are gaining popularity as recycled construction aggregates, due to the shortage of natural resources. New bridge construction and repair activities are at the forefront in Australia, China, North America and Europe to offer better connectivity.

Infrastructure companies are working on new projects, designing structures, connecting cities and towns to meet the growing demand to travel for business and leisure. Europe is likely to see rebuilding and repairing of roads and bridges. A recent study by the French Government found that the country’s road network is in critical condition and a third of its road bridges require repairs. Around 300 bridges in Italy are at the risk of failure. Moreover, the Federal Highway Research Institute found that in Germany around 12.4% of roads and bridges are in bad condition.

The recycled construction aggregates market is projected to register 6% CAGR in volume terms between 2019 and 2027.  

The insights presented here are from a research study Recycled Construction Aggregates Market   by Fact.MR.

https://www.factmr.com/report/2890/recycled-construction-aggregates-market

Materials

For more information on companies in this article

Related Content

  • Volvo CE looks strong on healthy orders
    January 31, 2018
    Volvo Construction Equipment (Volvo CE) reports a strong performance for the fourth quarter of 2017. This helped its parent company, the Volvo Group, achieve the highest sales and operating income in its history. Improved competitiveness coupled with growing demand, especially in Asia, boosted Volvo CE’s performance in sales, operating income, and order intake.
    Read More
  • Easy operating
    July 31, 2012
    Modern asphalt plants are a far cry from the early models, and are capable of producing a wide variety of mixes at the touch of a button. Patrick Smith reports Cutting-edge software-based control technology makes today's asphalt mixing plants simple and efficient to operate. The tightening of clean air regulations is reducing the emissions from the plants, and the current focus is on the goal of raising the processed portion of reclaimed asphalt (RA) towards 100%, says Ammann Group, which has been involved
    Read More
  • Funding road research in Kenya as infrastructure development grows
    August 14, 2017
    The demand for road construction material research and testing services in Kenya is expected to soar. The East African country is going through a construction boom, despite policy and financial challenges facing public institutions overseeing the research and testing operations in the transport industry. “Kenya is going through a construction boom and so is the demand for construction material testing services,” said Juma Ali Madzitsa, Geotechnical Lab Supervisor at SGS Kenya, a subsidiary of Swiss based in
    Read More
  • Sales gain for Italian manufacturers
    February 22, 2016
    An upswing is being seen in construction machine sales in Italy, according to the latest official figures. The data from the Samoter-Prometeia Observatory reveal increases in key markets. Gains have been seen in Europe (+7.7%), Central and Eastern Europe and Turkey (+3.7%), North America (+23.1%), Central and South America (+6.3%), Middle East (+26.3%), Asia (+28.7%), Australia (+23.5%) and Africa (+2.5%). However the figures also show another sharp fall in Russia (-62.8%).
    Read More

Highlighted Content