Construction Aggregates Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2026

Report Code: ZMR-3521 | Report Format : | Status : Upcoming |

Abstract

Global Construction Aggregates Market: Overview

Construction aggregates are kind of medium-grained granular materials that find application in construction activities. These products that are used in construction are available in sand, slag, geosynthetic aggregates, gravel, recycled concrete, and crushed stone types. Aggregates are the part of composite substances including asphalt concrete &Portland cement concrete and provide strength to the composite materials. They find application as a base material in the construction of roadways and railroads.

Global Construction Aggregates Market: Growth Factors

Rapid infrastructural growth as a result of hefty government funding to build strong infrastructure along with recycling of already used aggregates is anticipated to boost construction aggregates market growth in the years ahead. In addition, the massive popularity of recycled construction aggregates as a result of its ability to conserve depleting resources of energy and reduce costs will contribute significantly towards construction aggregates market earnings in the forthcoming years. Rising trend of the customers and manufacturers towards sustainability and escalating use of recycled aggregates as an effective substitute for traditional aggregates is anticipated to spearhead the growth of construction aggregates market in the upcoming years. The rise in the number of construction activities taking place across the residential sector is one of the key growth drivers of construction aggregates market.

However, lack of government initiatives across the emerging economies such as India, Africa, and China over recycling of wastes due to construction demolition is predicted to hinder the progression of construction aggregates market.

Global Construction Aggregates Market: Segmentation

The global construction aggregates market can be segmented based on product and end-use type. Based on the product type, construction aggregates market is classified into gravel, crushed stone, gravel, and others. The crushed stone segment is predicted to contribute substantially towards global construction aggregates market revenue. On the basis of end-use type, construction aggregates market is segregated into commercial, industrial, residential, and infrastructure sectors. The residential sector is anticipated to contribute majorly towards construction aggregates market revenue over the estimated span.

Global Construction Aggregates Market: Regional Analysis

Based on regions, the global construction aggregates market can be divided into five main regions: Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa. Europe is projected to dominate the overall construction aggregates market share in the near future. The growth can be attributed to the adoption of mergers & acquisitions strategies by the key market players in the region for expanding their global presence as well as the customer base along with business growth. Aggregates are derived in huge quantities from the countries such as the UK in comparison to other compounds and minerals, thereby further propelling the expansion of construction aggregates market in the region.

North America construction aggregates market is anticipated to contribute notably towards overall market revenue over the forecast timeframe. The growth can be credited to escalating recycled aggregates demand along with immense investments in the construction sector.

The construction aggregates market the Asia Pacific is witnessing a rapid surge owing to thriving construction activities in developing regions such as India and China.

Global Construction Aggregates Market: Competitive Players

The key market players of the global construction aggregates market include Vulcan Materials Company, Adelaide Brighton Cement Ltd., PJSC LSR Group, CEMEX S.A.B. de C.V., LafargeHolcim Ltd., Martin Marietta Materials, Inc., Eurocement Holding AG, CRH Plc, Heidelberg Cement AG, and Rogers Group Inc. among others.

Global Construction Aggregates Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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