Hurdles to a Circular Built Environment: A Look at the Economic and Market Barriers

The circular economy is considered the best principle through which sustainable practices may be established. Mineral exhaustion, decarbonisation, and waste elimination can all be addressed through a circular economy. The built environment is one of the largest waste producers and a significant user of materials such as concrete and steel. However, there are considerable barriers to the adoption of a circular economy. The objective of the study was to identify, examine, and comprehend the main challenges that impede the implementation and scaling of circular practices within the built environment. As part of the CircularB network, a questionnaire was launched in 2024 to gather opinions on the technical, political, regulatory, cultural, societal, economic, and market barriers to circular economy from built environment professionals. This paper focuses on the economic and market barriers, which were recognised as the most important according to the insights of 270 respondents. The hurdles investigated include extra costs of building insurance, inadequate collaboration, linear public procurement, unwillingness to take back used components, low awareness of exchange marketplaces, and market disconnection due to significant transport distances. Addressing these barriers plays a crucial role in advancing a circular built environment, and all stakeholders must explore solutions to overcome them.