Growth Opportunities in European Buildings as Material Banks (BAMB) Market

Growth Opportunities in European Buildings as Material Banks (BAMB) Market

The European Green Deal Facilitates Material Reuse Through BAMB Digital Platforms to Enable Circular Economy

RELEASE DATE
23-Nov-2022
REGION
Europe
Research Code: MGM6-01-00-00-00
SKU: EN01358-EU-MT_27150
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$2,450.00
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Description

Climate change and the resulting environmental regulations continue to affect all European sectors, including the building construction and demolition space. The European Green Deal, a package of policy initiatives, boosts efficient resource use, outlining investments needed for climate mitigation and adaptation. It calls for a 40% reduction in overall emissions by 2030. Concerningly, the building industry presently accounts for 39% of carbon dioxide emissions. Developing and integrating digital solutions in the construction industry can enable the achievement of ambitious circular economy goals while maintaining circular values in existing buildings.

Buildings as material banks (BAMB) is a concept that views buildings as repositories of valuable resources that all stakeholders along the building value chain can reuse or upcycle. These stakeholders include design, engineering, consultancy, construction and dismantling, R&D, material manufacturers and suppliers, public and private property developers/owners, software technology/platform providers, rent and lease, reuse, repair, and recovery. BAMB solutions enable circularity in the construction industry along the entire building lifecycle on three levels: materials, components, and buildings. Combining digital solutions, such as material passports and tagging sensors, with circular construction approaches allows the shift from recycling to reuse and upcycling. This generates revenue and reduces carbon emissions, raw materials consumption, and waste generation.

BAMB is becoming a critical enabler of decarbonization across European cities as well as social inclusivity and equality, which are the top environmental, social, and governance objectives. The rising demand for circular material handling for a more sustainable future creates growth opportunities for circular business models. Therefore, BAMB establishes a value proposition for all stakeholders in the construction value chain, including supply chain innovations, providing intelligence for informed decision-making.

In this report, Frost & Sullivan examines the circular construction economy; BAMB components, value proposition, and digital solutions; and the total addressable market in Europe by country. We also study challenges in circular building lifecycle management and the impact of increasing material prices on the construction industry. Other essential information includes:
• Growth drivers and restraints (2023–2028)
• Companies to watch, including solutions offered and competitive assessment
• Project case studies
• Opportunities in digital solutions

Author: Paulina Blaszczyk

Climate change and the resulting environmental regulations continue to affect all European sectors, including the building construction and demolition space. The European Green Deal, a package of policy initiatives, boosts efficient resource use, outlining investments needed for climate mitigation and adaptation. It calls for a 40% reduction in overall emissions by 2030. Concerningly, the building industry presently accounts for 39% of carbon dioxide emissions. Developing and integrating digital solutions in the construction industry can enable the achievement of ambitious circular economy goals while maintaining circular values in existing buildings. Buildings as material banks (BAMB) is a concept that views buildings as repositories of valuable resources that all stakeholders along the building value chain can reuse or upcycle. These stakeholders include design, engineering, consultancy, construction and dismantling, R&D, material manufacturers and suppliers, public and private property developers/owners, software technology/platform providers, rent and lease, reuse, repair, and recovery. BAMB solutions enable circularity in the construction industry along the entire building lifecycle on three levels: materials, components, and buildings. Combining digital solutions, such as material passports and tagging sensors, with circular construction approaches allows the shift from recycling to reuse and upcycling. This generates revenue and reduces carbon emissions, raw materials consumption, and waste generation. BAMB is becoming a critical enabler of decarbonization across European cities as well as social inclusivity and equality, which are the top environmental, social, and governance objectives. The rising demand for circular material handling for a more sustainable future creates growth opportunities for circular business models. Therefore, BAMB establishes a value proposition for all stakeholders in the construction value chain, including supply chain innovations, providing intelligence for informed decision-making. In this report, Frost & Sullivan examines the circular construction economy; BAMB components, value proposition, and digital solutions; and the total addressable market in Europe by country. We also study challenges in circular building lifecycle management and the impact of increasing material prices on the construction industry. Other essential information includes: • Growth drivers and restraints (2023–2028) • Companies to watch, including solutions offered and competitive assessment • Project case studies • Opportunities in digital solutions Author: Paulina Blaszczyk
More Information
Author Paulina Blaszczyk
Industries Environment
No Index No
Is Prebook No
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WIP Number MGM6-01-00-00-00