The global demand for Construction Aggregates Market is presumed to reach the market size of nearly USD 687.93 BN by 2030 from USD 390.3 BN in 2022 with a CAGR of 6.5% under the study period 2023 - 2030.
Aggregates are the most mined materials globally. Construction aggregates are granular particulate materials used in construction, including sand, gravel, crushed stone, slag, recycled concrete, and geosynthetic aggregates. Aggregates are a component of composite materials such as concrete and asphalt concrete. The manufacturing process of aggregates involves surface mining, crushing, sizing, and, frequently, washing, which requires large volumes of freshwater.
Market Dynamics
The market is predominantly driven by the growth of the construction sector over the past year. In addition to this, rapid infrastructural development coupled with rising investment activities, mainly in emerging countries like India and China, has surged the demand for construction aggregates. Furthermore, accelerating government investment in public infrastructures such as rails and road projects is expected to drive the market. Apart from this, a rising number of new airports and commercial projects are also likely to support the sales prospect of construction aggregates.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of construction aggregates.
Market Segmentation
This section of the construction aggregates market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Crushed Stone
- Sand & Gravel
By Application
- Non-Residential
- Residential
By Transportation Mode
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for construction aggregates market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Construction Aggregates Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the construction aggregates market include Holcim Ltd., Vicat SA, SIKA group, Vulcan Materials Company, Adelaide Brighton Ltd., Rogers Group Inc., CEMEX S.A.B. de C.V., CRH, Heidelbergcement AG, Martin Marietta Materials Inc. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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