Dive Brief:
- A report released by Frost & Sullivan cites that as construction and demolition (C&D) waste grows, European waste management firms have begun devising methods to recycle the materials instead of landfilling.
- Disposing of C&D waste is expensive, and the analysts who prepared the report recommend implementing a standardized system of records to promote continued growth in this market and take advantage of the rising C&D recycling opportunities.
- The report, European Construction and Demolition Recycling Services Market, predicts recycling of C&D materials in Europe could hit $23.85 billion by 2020. Market revenues came in at $18.75 billion in 2013.
Dive Insight:
One research analyst told Waste Management World, "C&D waste must achieve a recycling target of 70% by 2020." In order to reach this goal, uniform recycling legislation would have to be implemented in addition to creating a database to manage the materials collected.
