The project revolves around establishing a factory that recycles construction waste to produce concrete aggregate. Perhaps the most significant benefit of this project is that it will be environmentally friendly, reducing pollution and landfills. It will also promote the idea of optimal resource use and limiting resource depletion.
In 2021, the global construction and demolition waste management market size was approximately USD 212.8 billion and the market is expected to expand and grow at a CAGR of 4.9% during the period (2022-2027) to reach a market value of USD 287.4 billion by the end of the forecast period.
After reviewing all Qatari statistics related to construction, building, and the environment, Mashroo3k Consulting recommends investing in a construction waste recycling project, as the project is expected to be highly successful.
It’s worth noting that the amount of construction waste arriving at waste management facilities in Qatar is estimated at approximately 6,316,564 metric tons, of which only 434,000 metric tons are treated. The average annual growth rate of construction waste in Qatar, calculated by Mashroo3k consultants specializing in economic research, has reached 12.66% over the past five years.
