Recycled aggregate concrete (RAC) is usually the concrete produced from construction and demolition wastes, which either partially or completely replaces conventional natural aggregates (NAs). During the forecast period, the global market for recycled building aggregates is likely to grow because the construction industry is growing. Global Construction Perspectives and Oxford Economics say, for example, that the global construction business will be worth US$ 17.5 trillion by 2030, which is an increase of US$ 8 trillion from 2015.
The global market for Recycled Construction Aggregates is anticipated to expand at a CAGR of 6.0% from 2020 to 2027.
Major Players in the Recycled Construction Aggregates Industry:
1. Tarmac
Tarmac was a British building materials company, was founded in 1903 and headquartered in Wolverhampton, United Kingdom. It operates in 31 countries worldwide.
2. Delta Sand & Gravel Co.
Delta Sand & Gravel Co. was founded in 1927 and headquartered in Oregon, United States. It operates in.
3. LafargeHolcim Ltd.
LafargeHolcim Ltd. or legally known as Holcim Limited, (formerly known as LafargeHolcim) is a Swiss-French multinational company that manufactures building materials. On 7th April 2014, Lafarge and Holcim announced a merger project to create LafargeHolcim. It is headquartered in Zug, Switzerland. It operates in around 70 countries. In April 2023, Holcim introduces ECOCycle®, its exclusive platform for circular technology that allows construction waste from demolition to be recycled into new building materials. With ECOCycle®, Holcim can recycle 100 percent of construction and demolition waste for a variety of uses, from aggregates for concrete and filler for roads to decarbonized raw materials for low-carbon cement formulation.
4. Aggregate Industries Management, Inc.
Aggregate Industries Management, Inc. is an environmentally responsible producer of asphalt, aggregate and ready mixed concrete. It was founded in 1997 and headquartered in Leicestershire, UK. It operates in over 80 countries. In March 2022, Aggregate Industries releases the first bio-based asphalt for sale in the UK.
5. CEMEX
CEMEX is a Mexican multinational building materials company headquartered in San Pedro, near Monterrey, Mexico. It was founded in 1906 and headquartered in Monterrey, Mexico. It operates in more than 50 countries. In January 2023, CEMEX plans to acquire a new business to add to its Regenera circularity business.CEMEX said that it had bought a 51% stake in SHTANG Recycle LTD, an Israeli business that recycles construction, demolition, and excavation waste.
6. Vulcan Materials Company
Vulcan Materials Company is an American company engaged in the production, distribution and sale of construction materials. It was founded in 1909 and headquartered in Alabama, United States. It serves 22 states. At its 2022 Investor Day event in New York City in September 2022, Vulcan Materials Company, the country's largest producer of construction aggregates, will describe its strategy for providing ongoing growth and growing its sector-leading profitability.
7. Greenstone Materials
Greenstone Materials runs the only natural rock mine in Orange County and is the best place to get building materials. It was founded in 2010 and headquartered in California, United States. It operates in 28 countries.
8. CRH Plc.
CRH Plc. was founded in 1949 after its merger with Roadstone Limited and headquartered in Dublin, Ireland. It operates in 29 countries. CRH takes the lead on decarbonization in March 2023 with updated SBTi-approved targets. aims for cutting carbon emissions that are in line with the new 1.5°C science-based framework from SBTi. The modified 1.5°C science-based framework is consistent with CRH's near-term emissions reduction targets, according to the Science Based Targets initiative (SBTi).
9. Heidelberg Cement AG
Heidelberg Cement AG was founded in 1874 and headquartered in
Heidelberg, Germany. It operates in over 50 countries. By acquiring the market leader in demolition and construction recycling, SER Group, in February 2023, leading building materials business Heidelberg Materials improves the circular economy and increases its activities in Germany.
Definition: Recycled Aggregates is a term that describes crushed cement concrete or asphalt pavement from construction debris that is reused in other building projects.
