Increasing Focus on Sustainable Construction Motivates the Construction and Demolition Waste Market

Government organizations in various countries across the world are increasing their focus as well as efforts on implementing several regulations as well as policies pertaining to reusing as well as recycling of almost 50 % of total waste materials from demolition and construction activities. This trend is likely to aid in the expansion of the global construction and demolition waste market in coming years. Moreover, rising construction activities owing to heightened demand for residential, commercial, as well as industrial properties and infrastructures is also nurturing the development trajectory of the global construction and demolition waste market in coming years.

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Furthermore, fast paced urbanization, substantial growth in restoration as well as renovation activities pertaining to construction and real estate are also key drivers for the enhancement of the demand in global construction and demolition waste market in coming years. Some of the key types of construction and demolition waste materials in the global construction and demolition waste market include concrete, sand, bricks, wood, metal, soil, gravel, and masonry. Rising demand for sustainable construction and renovation activities across the world is also motivating the sales in global construction and demolition waste market.

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The Construction and Demolition Waste Market Witnesses Intense Competition and Moderately Fragmented Competitive Landscape

The global construction and demolition waste market experiences a moderately fragmented competitive landscape owing to high presence of a large number of players in the industry. The global construction and demolition waste market witnesses an intense and fierce competition. Players and companies in the global construction and demolition waste market are focusing their attention of expansion strategies such as joint ventures, partnerships, and mergers and acquisitions, among others. Some of the leading players functional within the global construction and demolition waste market may include SUEZ, Axens, Venolia, Waste management, Republic Services, and Clean Harbors, among others.