Research Expert: Sarah Overall
  • Published: Mar 2025
  • Pages: 150
  • SKU: IRTNTR80595

  • Latest News- Construction Demolition Market: Concrete is expected to lead the Material segment during 2025-2029

    The Construction Demolition Market is being driven by Rapid urbanization and population growth

    The Construction Demolition Market is expected to grow at a CAGR of 5.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 14.50 billion. The global construction demolition market is experiencing a noteworthy trend towards the expansion of waste recycling, underpinned by technological advancements and a heightened focus on sustainability. This trend is exemplified by recent business developments, including the completion of Kiverco's second recycling facility for Britaniacrest in the UK, marking 16 years of collaboration between the two companies. Similarly, Renewi, a prominent European waste management organization, has recently inaugurated a hard plastics sorting facility in the Netherlands. These initiatives underscore the industry's commitment to minimizing waste and maximizing resource efficiency. 

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    Which Factors Are Causing a Surge in Market Growth?

    The market is segmented based on

    • Material
      • Concrete
      • Gravel
      • Sand
      • Soil
      • Others
    • Type
      • Non-hazardous
      • Hazardous
    • Service
      • Demolition
      • Asbestos abatement
      • Others
    • Source
      • Outsourced
      • In-house
    • Geography
      • APAC
        • China
        • India
        • Japan
        • South Korea
      • North America
        • Canada
        • US
      • Europe
        • Germany
        • UK
        • France
      • Middle East and Africa
        • South America

        According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

        • Rapid urbanization and population growth
        • Government investments in infrastructure
        • Increasing natural disasters and reconstruction efforts

        However, the market also witnesses some limitations, which are as follows:

        • Stringent environmental regulations
        • Safety risks associated with construction demolition activities
        • Complexity in urban redevelopment and demolition projects

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        Market Scope in Construction Demolition Market Research Report

        Market Scope

        Report Coverage

        Details

        Page number

        242

        Base year

        2024

        Historic period

        2019-2023

        Forecast period

        2025-2029

        Growth momentum & CAGR

        Accelerate at a CAGR of 5.4%

        Market growth 2025-2029

        USD 14.50 billion

        Market structure

        market_structure.ucfirst

        YoY growth 2024-2025(%)

        5.2

        Key countries

        US, China, India, Canada, Japan, South Korea, Germany, UK, Poland, and France

        Competitive landscape

        Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

        Request Free Sample

        Find out which segment is leading the market by accessing the free PDF report

        Research Analysis Overview

        The Construction Demolition Market encompasses the dismantling of demolished buildings and the implementation of eco-friendly solutions like recycling and reusing services. Drones, green building practices, and renovation services are integral parts of this market. Green materials, energy-efficient design, and critical systems are key components of green buildings. AI robots, safety tunnels, and building information modeling are advanced construction technologies adopted in this industry. Urban areas face infrastructure needs and economic downturns, necessitating industrial adoption of ecologically friendly process innovations, such as recycling reuse, waste sorting, and waste-to-energy conversion. Environmental regulations and property development require the use of eco-friendly construction materials, commercial projects, and affordable housing. Supply chain issues, slow acceptance, and building rules are challenges faced in this market. Glass construction activities contribute to recycling rates, and material recovery facilities play a crucial role in minimizing landfill use.

        Market Research Overview

        The global construction and engineering market encompasses businesses specializing in non-residential construction, including engineering service providers and Engineering, Procurement, and Construction (EPC) contractors. This market excludes entities involved in residential construction. According to Technavio, the market's size is determined by the consolidated revenue generated by engineering firms and EPC contractors within the non-residential sector. Key growth drivers for the construction and engineering market include: 1. Urban infrastructure investment: With increasing urban populations and escalating demands for transportation, communication services, and essential utilities like water and electricity, significant investments in urban infrastructure are necessary. 2. Construction technology adoption: The adoption of advanced construction technologies, such as building automation and offsite construction, is expected to streamline processes, reduce costs, and improve efficiency. 3. Construction waste management: Stringent regulations on construction waste management and the growing emphasis on sustainability will create opportunities for innovative waste management solutions and recycling technologies. 4. Urban renewal: The revitalization of older urban areas through demolition and redevelopment projects will contribute to the growth of the construction and engineering market.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.


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        Technavio Research
        Jesse Maida
        Media & Marketing Executive
        US: +1 844 364 1100
        UK: +44 203 893 3200
        Email: media@technavio.com
        Website: www.technavio.com/

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