Global Recycled Concrete Aggregates Market Size study, By Product Type (Unprocessed, Processed), By Application (Roadway & Pavement, Bridges, Bulk Fills & Riverbank Protection, Concrete Manufacturing, Others), and Regional Forecasts 2022-2028Global Recycled Concrete Aggregates Market is valued at approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028. Recycled aggregate concrete (RAC) refers to the use of an alternative natural aggregate (NA) in concrete, which is obtained by recycling clean concrete waste. These recycled aggregates are manufactured by processing inorganic constituents that include crushing and eliminating older aggregates into aggregates of particular quality and size. Factors such as the thriving growth of the construction and infrastructure industry, growing investment in smart city projects, and raising awareness for the adoption of sustainable products are witnessing the surging market demand across the globe. For instance, as per a Statista report, in 2020, the expenditure on new construction activities across the United States was recorded at nearly USD 1.5 trillion. Also, the construction expenditure has been rising and it is estimated to have reached USD 1.8 trillion by 2025. Consequentially, the growing spending on construction activities is propelling the demand for Recycled Concrete Aggregates, which, in turn, accelerates the growth of the market across the globe. However, the lack of development policies in the emerging nations impedes the growth of the market over the forecast period of 2022-2028. Also, the increasing number of product launches and rising imposition of favorable government housing schemes and residential initiatives are anticipated to act as catalyzing factors for the market demand during the forecast period.
The key regions considered for the global Recycled Concrete Aggregates Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the rising adoption of recycled concrete aggregates as a sustainable source and surging demand for eco-friendly products. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the rising emphasis on sustainable development, as well as growth of the construction industry, would create lucrative growth prospects for the Recycled Concrete Aggregates Market across the Asia-Pacific region.
Major market players included in this report are:
Lehigh Cement
Vulcan Materials Company
FERMA CORP
LafargeHolcim
Top Grade Site Management, LLC
Delta Sand & Gravel Co.
CEMEX S.A.B. de C.V.
Southern Crushed Concrete
Big City Crushed Concrete
Independence Recycling of Florida
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
Unprocessed
Processed
By Application:
Roadway & Pavement
Bridges
Bulk Fills & Riverbank Protection
Concrete Manufacturing
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Recycled Concrete Aggregates Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
Lehigh Cement
Vulcan Materials Company
FERMA CORP
LafargeHolcim
Top Grade Site Management, LLC
Delta Sand & Gravel Co.
CEMEX S.A.B. de C.V.
Southern Crushed Concrete
Big City Crushed Concrete
Independence Recycling of Florida
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