Construction Waste Management Market Size

Construction Waste Management Market Analysis

The Construction Waste Management Market size is estimated at USD 8.29 billion in 2024, and is expected to reach USD 11.05 billion by 2029, growing at a CAGR of 5.92% during the forecast period (2024-2029).

• Rapid urbanization and a growing emphasis on sustainability are the primary drivers of the construction waste management market. Currently, over 75% of construction material waste remains unrecycled despite its inherent value. In 2018, the Environmental Protection Agency (EPA) highlighted that construction waste doubled that of municipal waste from both households and businesses. The United States leads globally in household waste generation.
• The construction and demolition (C&D) waste category spans materials like concrete, asphalt, wood, brick, clay tiles, gypsum drywall, asphalt shingles, and metal. While concrete and metal are readily recyclable, others, especially brick, clay tiles, and gypsum drywall, face reusability challenges, often ending up in landfills.
• In India, amid rapid urbanization, the construction sector is increasingly recognized as a key source of air pollution and a substantial consumer of resources. Notably, India's resource extraction rate, at 1,580 tonnes per acre, far exceeds the global average of 450 tonnes per acre.
• The National Clean Air Programme has set a stringent target for the 131 non-attainment cities in India: a 40% reduction in particulate pollution by 2026. Consequently, effective management of construction and demolition (C&D) waste has become paramount in curbing pollution levels.
• However, a recent CSE review highlights a concerning trend: many cities lack the institutional readiness for systematic and scientific C&D waste management. Moreover, the adoption of the C&D Waste Management Rules of 2016 has been sluggish, with noticeable gaps in their execution. This underscores the urgent need for comprehensive guidance to enhance both the understanding of the system's design and the strategies for its effective implementation.
• Despite hurdles, the construction sector has shown progress in sustainability, managing to repurpose more than 75% of its waste. Notably, recycling activities account for over 85% of waste management jobs, underscoring their significance, especially when considering that the United States recycles only a third of its total waste output.
• With regulatory bodies and construction companies intensifying their efforts to curb waste, the construction waste management market is set for expansion. Approaches like lean construction and value engineering are honing in on waste reduction from the project's inception, while post-planning services are offering efficient waste removal and disposal solutions.