Report: Recycled construction aggregate market on the rise

The recycled construction aggregate market continues to grow due to a number of factors, according to Fact.MR’s recent report. Photo by Allison Barwacz

The recycled construction aggregate market sold more than 3.7 million tons of product in 2018, as estimated by a recent report from Fact.MR, and a 5 percent year-over-year growth is projected for 2019.

This market growth is due to a number of factors, including resurgent construction activities to infrastructure development efforts of governments worldwide, according to Fact.MR.

North America, in particular, is seeing an increased use of recycled construction aggregate in road construction. This is, in part, due to states across the region adopting regulations leading to a rise in the percentage of recycled asphalt pavement in asphalt-based road construction.

In addition, demolished materials are gaining popularity as recycled construction aggregate, due to the shortage of natural resources. New bridge construction and repair activities are at the forefront in Australia, China, North America and Europe to offer better connectivity, the report adds.

Notable developments in the recycled construction aggregate market include:

• Cemex will deliver an estimated 55,000 cu. yd. of ready-mix concrete for phase one of the Plaza Coral Gables in Coral Gables, Florida.
• LafargeHolcim acquired Metro Mix, a provider of ready-mix concrete in Colorado.
• Vulcan Materials acquired Aggregates USA, which includes 16 rail distribution yards across South Carolina, Florida and Georgia, as well as three granite quarries in Georgia.
• CRH acquired Ash Grove Cement Co., located in Overland Park, Kansas, for total consideration of $3.5 billion.

The Fact.MR report was developed with the help of data obtained during primary and secondary research. Interviews were conducted with industry experts, distributors, and manufacturers in the recycled construction aggregate market.