According to estimates, the size of the global construction and demolition waste market would increase from USD 26.6 billion in 2021 to USD 34.4 billion by 2026, at a CAGR of 5.3% over the forecast period. The global market is primarily driven by rising construction activity and governments’ tendencies toward sustainability in different parts of the world. The market for construction and demolition waste will continue to grow as there is an increasing need for recycled and sustainable building materials for commercial development projects.
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Waste Management (US), Clean Harbors Inc., SUEZ (France), Veolia (France), Axens (France), Republic Services (US), and (US). The top service providers for building and demolition waste include these and others. To get a competitive edge in the market for building and demolition waste, these businesses picked expansion as one of their primary growth strategy between 2019 and 2021.
One of the biggest participants in the market for building and demolition trash is Waste Management. Garbage Management recycles, manages waste, and adds value to materials at the end of their useful lives. It provides municipal, residential, commercial, and industrial customers throughout North America with a range of waste management services, including collection, transfer, recycling, resource recovery, and disposal services. It also provides waste-to-energy facilities. There are about 21 million municipal, commercial, and industrial clients for the business. Solid Waste and Others are the company’s reportable segments. The business is well-established in North America.
In terms of global market share, SUEZ is the second-largest supplier of construction and demolition waste. In the fields of waste management, wastewater treatment, and water management, SUEZ offers environmental services. The business offers services such household and hazardous trash collection and transportation, treatment and storage, decontamination and selling of recycled-secondary raw materials to assist municipalities, businesses, and healthcare professionals with waste management.