Construction Waste Management Market to Set Significant Growth in Forecast Years: Applications and Challenges by 2021

Global construction waste management market is segmented based on waste type, service type and geography. On a global scale, the construction industry plays a pivotal role in the growth of an economy; however, the waste generated through building activities can cause serious damage to the environment if managed inappropriately. Construction waste comprises a broad spectrum of unwanted materials and most of them can be recycled and reused. Construction waste management is a process initiating from monitoring, collecting, transporting, and recycling to disposing of the waste generated from the construction work. Commercial buildings contribute a significant portion to solid waste generation because of frequent construction and repairs. However, implementing waste management programs at the design phase can minimize waste generation considerably and make the project sustainable.

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Additionally, the concept of green buildings is an emerging trend in the market. Green buildings have efficient waste management systems that reduce the amount of waste created throughout the life cycle of the building, starting from design, construction, repair, to demolition. With the rapid urbanization and industrialization, construction activities have increased significantly worldwide. Construction and repair of roads, flyovers, bridges and buildings produce large volumes of waste that needs to be managed efficiently. Improperly waste disposal raises environmental concerns and leads to resource depletion as well therefore, construction waste management enables reuse and recycling of waste materials such as concrete, wood, plastic, and glass and so on.

This resolves supply shortages at construction sites as recycled construction waste can be reused as building material. Developed countries such as the U.S., the England, and Germany and developing countries such as China, India and Brazil are the major construction waste generators. Based on waste type, the construction waste management market is segmented into recycled and reused. Based on service type, the construction waste management market is segmented into collecting, monitoring, transporting, recycling, disposing and so on.

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Geographically, the construction waste management market spans Middle East & Africa, Asia Pacific, Europe, Latin America and North America. The key players in the construction waste management market are Progressive Waste Solution, Enviro Serve, Remondis, Republic Service, Waste Management, Clean Harbor, Daiseki, Gamma Waste Systems, Veolia Environmental, Stena Metall AB, Enviro-Hub Holdings Ltd. and Boliden AB.