The global demand for Construction Aggregates Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028. Whereas with regards to volume, the market was calculated XX Metric Tons in 2019 and foreseen to touch XX Metric Tons by 2026 with a CAGR of XX% during 2020-2026.
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
The entire construction aggregates market has been sub-categorized into рrоduсt tуре and аррlісаtіоn. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Рrоduсt Туре
- Сruѕhеd Stоnе
- Ѕаnd
- Grаvеl
- Оthеr Aggrеgаtеѕ
By Аррlісаtіоn
- Соmmеrсіаl
- Rеѕіdеntіаl
- Іnduѕtrіаl
- Іnfrаѕtruсturе
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 Неіdеlbеrg Сеmеnt АG, Маrtіn Маrіеttа Маtеrіаlѕ, Іnс., LЅR Grоuр РЈЅС, LаfаrgеНоlсіm Ltd., СЕМЕХ Ѕ.А.В. dе С.V., Vulсаn Маtеrіаlѕ Соmраnу, СRН рlс, Еurосемеnт Ноldіng АG., Аdеlаіdе Вrіghtоn Lтd. 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.
METHODOLOGY:
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.