Global Recycled Concrete Market to Grow at a 9.3% During Forecast Period 2023-2028

Rising global demand for sustainable construction materials propels the recycled concrete market, growing at 9.3% annually. With the ability to replace 30% of virgin concrete volume, it offers eco-friendly solutions without compromising strength.

According to a latest Research study, the demand for Global Recycled Concrete Market is growing from $11.1 billion in 2023 to $17.4 billion by the end of 2028, at a compound annual growth rate (CAGR) of 9.3% from 2023 through 2028.

The report explores how recycled concrete is used in homes and businesses globally. It discusses market trends, forecasts, and key players, all in simple terms. Plus, it explains how currencies are converted to U.S. dollars for clarity.

With the concrete industry contributing over 8% of global carbon emissions, recycling offers a competitive advantage. Innovations like mineral carbonation technology show promise for reducing emissions further. Major emitters like China, the U.S., and India need to adopt eco-friendly practices to address the critical global challenge of carbon emissions.

To gain further insight into the report Global Recycled Concrete Market, click here for more information.