Recycled Construction Aggregates Market: Adoption Remains Robust in Construction of Roads & Bridges

Posted on 2019-07-09 by Mark Hub in Chemicals, Industrial // 0 Comments

Rockville, USA, 2019-Jul-09 — /EPR Network/ — The report on the recycled construction aggregates market by Fact.MR provides actionable insights, along with the historical data and forecast on the market. In-depth analysis and factors influencing growth of the recycled construction aggregates market is also included in the report. The study also focuses on the micro and macro-economic factors playing important role in the recycled construction aggregates market. Market dynamics including key trends, drivers, key challenges and growth opportunities in the recycled construction aggregates market are also covered in this report. The report also includes segment-wise and region-wise analysis along with the competitive landscape in the recycled construction aggregates market. The report on the recycled construction aggregates market provides market dynamics including trends, drivers, and challenges that are likely to influence the current market scenario and future status of the recycled construction aggregates market. The report offers in-depth analysis, key insights, historical data, and forecast on the recycled construction aggregates market.

According to a recent Fact.MR study, prospects remain bullish for the recycled construction aggregates market, with sales of over 3.7 million tons estimated in 2018, and a projected Y-o-Y of nearly 5% in 2019.

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There been a marked preference for recycled construction and crushed stone among manufacturers, in light of its relative cost-efficiency. Construction of a firm base in driveways, footpaths, and car parking, are key application areas where crushed stone witnesses significant adoption. Demand for crushed stone in the recycled construction aggregates market is further undergird by growing number of infrastructure development projects worldwide.

APEJ Retains its Dominion in Recycled Construction Aggregates Market

Fact.MR 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 tons in 2018. As construction and demolition waste in APEJ is becoming a major issue, leading institutions of construction in the region are implementing demolition waste management programs.

China is likely to emerge as the largest consumer of recycled construction aggregates in the coming years. A massive rise in building and non-building construction is stimulating recycled construction aggregates sales in China. The healthier construction climate is likely to drive growth for recycled construction aggregates in Easter Europe. Germany is expected to hold a strong position in the recycled construction aggregates market. 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 report provides details on each segment in the recycled construction aggregates market. The recycled construction aggregates market is segmented based on the type and end-use. These segments are further bifurcated into sub-segments, to offers insights on the recycled construction aggregates market.

On the basis of type, the recycled construction aggregates market is segmented into crushed stone, cement concrete, asphalt pavements debris, and sand & gravel. Based on the end-use, the recycled construction aggregates market is divided into residential, roads & bridges, and industrial.

Adoption Remains Robust in Construction of Roads & Bridges

Government projects and private sector projects are focusing on using recycled construction aggregates, with an aim to build greener 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 countries 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.

Recycled Construction Aggregates Market Remains Highly Fragmented

The recycled construction aggregates market is highly fragmented in nature, with large presence of regional and local players who provide solutions in a particular geographic area. Considering the nature of the industry, with not too stringent technology and capital requirements, the market has seen the foray of emerging players and new market entrants. The industry is also regulated by environmental laws that varies from region to region. Established players have a significant presence in developed regions with a strong compliance policy, whereas mid-sized and new players in emerging countries continue to seek services to aid them in remaining compliant with regulations. Some notable developments in the recycled construction aggregates market have been listed below.

CEMEX will deliver around 55,000 cubic yards of ready-mix concrete for phase one of the Plaza Coral Gables, which is likely to be completed by 2020. CEMEX is also expected to supply more than 170 thousand cubic meters of hydraulic concrete for 50 Km of La Gloria-San Fernando stretch main commercial route between Mexico and the United States.
LafargeHolcim has been awarded infrastructure contract by British Columbia Ministry of Transportation and Infrastructure of over CAD 100 million for a major highway improvement project in Vancouver, Canada. LafargeHolcim also acquired Metro Mix, LCC – the provider of ready-mix concrete in Colorado.

The report offers detailed profiles of all the leading players in the recycled construction aggregates market. Some of the major companies operating in the market are Delta Sand & Gravel Co., HeidelbergCement AG, Aggregate Industries Management, Inc., Green Stone Materials, CEMEX, Vulcan Materials Company, CESPA, LafargeHolcim Ltd., CRH Plc., and Tarmac.

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