12 Jul

Good news

According to a report by Future Market Insights (FMI), the market for recycled concrete aggregate materials could be on a tear during the next decade. The global market value for recycling concrete aggregate in 2023 is a little more than $9 billion. FMI projects its market value could reach about $19.5 billion with a compound annual growth rate of 8 percent. The CAGR over the next 10 years would be an increase over the 2018-22 rate of 7.6percent, says FMI.  Fuelled by increasing awareness, the desire for sustainable materials and durability, market value for recycled concrete aggregates could top $19 billion by 2033.