PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1844251
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1844251
U.S. Circular Economy Materials in Construction Market was valued at USD 9.1 billion in 2024 and is estimated to grow at a CAGR of 11.7% to reach USD 27.8 billion by 2034.
This growth is fueled by strong policy backing, increased infrastructure funding, and a widespread shift toward sustainable building practices. Public investments and mandates are shaping material choices in both commercial and public-sector construction, accelerating the transition from linear to circular resource flows. Market uptake is also supported by a growing preference for low-carbon, durable materials that comply with green building certifications. Cities are actively embedding circularity into their redevelopment projects, while contractors and developers are responding to incentives by integrating recycled, bio-based, and waste-derived materials into designs. Economic competitiveness is also improving, as seen in the significant drop in the cost of carbon-infused materials, which are now able to rival conventional options. The market's evolution is tied closely to regulatory developments, advancements in product performance, and the scaling of circular supply chains.
Market Scope | |
---|---|
Start Year | 2024 |
Forecast Year | 2025-2034 |
Start Value | $9.1 Billion |
Forecast Value | $27.8 Billion |
CAGR | 11.7% |
The recycled construction materials segment is USD 4 billion in 2024, holding a 48% share. These materials are widely used due to their compatibility with current construction codes and the existence of well-established processing and distribution systems. Products made from reclaimed steel, recycled concrete, and salvaged wood are finding broader applications in both infrastructure and commercial developments. Additionally, rising interest in natural, renewable materials like strawboard and hemp-based composites is pushing innovation in the residential and low-rise segments.
The new construction segment held a 47.1% share in 2024, supported by flexibility in design planning and a preference for performance-certified building materials. Architects and general contractors are specifying low-emission materials early in the project lifecycle to meet energy, emissions, and durability targets. Circular inputs are increasingly present in high-growth sectors like commercial real estate and multifamily housing, driven by the need for sustainable systems that offer traceable lifecycle value and resilience.
Northeast Circular Economy Materials in Construction Market generated USD 3.1 billion in 2024, reflecting strong regional policy support and robust demand for circular material solutions. Numerous city-level programs in this region are creating demand for recycled aggregates, bio-based alternatives, and repurposed inputs in public infrastructure. Partnerships between municipalities and construction firms are forming a foundational ecosystem for the reuse and reintegration of materials into both public and private developments. Green building codes and performance-based incentives are also driving innovation and procurement in transit-oriented and redevelopment zones.
Key players driving this U.S. Circular Economy Materials in Construction Market include CRH Americas, Vulcan Materials, CarbonCure Technologies, Holcim US, Urban Mining CT, SmartLam North America, Nucor Corporation, Trex Company, Strategic Materials, SEFA Group, Granite Construction, Commercial Metals Company, Charah Solutions, Azek Company, and Eco Material Technologies. To strengthen their foothold, leading companies in the U.S. circular economy materials in the construction market are investing in advanced recycling technologies and expanding processing infrastructure for reclaimed materials. Several are developing proprietary low-carbon product lines, including circular aggregates and composite solutions, to meet regulatory and project-specific requirements. Firms are also forming strategic partnerships with local governments, builders, and green certifying bodies to streamline product certification and drive adoption.