The global construction market is forecasted by GlobalData to grow by 1.8% in real terms in 2024, having grown by 1.7% in 2023. While the residential construction market in many countries will decline, this will be offset by high growth in the infrastructure sector, with output rising by 8.3% in real terms. GlobalData tracks and profiles all major construction projects from announcement to completion. For further insight on this market, buy the latest profiles here.
Driving growth in the market in 2022 and over the remainder of the decade are a potential 135 mega hydroelectric projects, costing over $100m each. Here are the largest waste processing plant construction projects initiated globally in Q3 2024, according to GlobalData’s construction projects database.
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1. Inzai Clean Center Next Intermediate Treatment Facility
The project involves the construction of a 12,000m2, two-story waste treatment facilities on 2.4ha of land with a processing capacity of 156 tonnes per day in Yoshida, Inzai City, Chiba Prefecture, Japan.
Construction work started in Q3 2024 and is expected to be completed in Q2 2028.
The project aims to be the next intermediate treatment facilities which will consist of a stoker-type energy recovery waste processing facilities.
2. Sanda City New Garbage Treatment Facility Development
The project involves the construction of a waste treatment facilities with a processing capacity of 120 tonnes per day on 1.9ha of land in Sanda City, Hyogo Prefecture, Japan.
Construction work commenced in Q3 2024 and is expected to finish in Q3 2029.
The project aims to develop a new waste treatment facilities as a symbolic locally produced and locally consumed energy center closely connected to the community by generating electricity using incineration energy.
3. Buckeye Plastics Recycling Facility
The project involves the construction of a 15,050m2 plastics recycling facilities on 8ha of land in Buckeye, Arizona, the US.
Construction work started in Q3 2024 and is forecast to complete in Q2 2025.
4. Neufchâteau PET Plastic Trays Recycling Plant
The project involves the construction of a recycling plant on a 6.1ha area with a capacity to recycle 40,000 tonnes of polyethylene terephthalate (PET) each year in Neufchâteau, located in the province of Luxembourg, Wallonia region, Belgium.
Construction work commenced in Q3 2024 and is expected to be completed in Q4 2026.
The project is located at Ardenne Logistics Business Park of the Idelux intermunicipal company near the E411 and E25 highways. Buy the profile here.
5. Middlemore Lane Waste Recycling Centre and Waste Transfer Station
The project involves the construction of a Waste Recycling Centre with a processing capacity of 40,000 Tonnes per annum on 6ha of land in Walsall, Staffordshire, The UK.
Construction work started in Q3 2024 and is expected to be completed in Q4 2026.
For more details on the latest construction projects, buy the profiles here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
GlobalData’s Construction Projects database tracks over 220,000 new construction projects valued at >$25m from announcement to completion across all countries and sectors.
