Product Code: CMI2163
Global construction aggregates market is estimated to be valued at USD 437.73 Bn in 2024 and is expected to reach USD 607.77 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 4.8% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2024: |
US$ 437.73 Bn |
Historical Data for: |
2019 to 2023 |
Forecast Period: |
2024 to 2031 |
Forecast Period 2024 to 2031 CAGR: |
4.80% |
2031 Value Projection: |
US$ 607.77 Bn |
Figure 1.Construction Aggregates Market Share (%), By Region, 2024
Construction aggregates are natural or synthetic granular materials such as sand, gravel, crushed stone, slag, or recycled concrete, and are basic raw material used in construction industry. Increasing infrastructure development and construction activities worldwide boosts the consumption of construction aggregates. Government initiatives focused on development of roads, dams, bridges, airports has positively influenced the market growth. Development of real estate sector and individual homes has also boosted demand for construction aggregates. Megaprojects and smart city developments across emerging economies are anticipated to offer lucrative opportunities over the forecast period. However, factors such as shortage of raw materials and rigid environmental regulations can hamper the market growth.
Market Dynamics:
Rising construction activities supported by government initiatives for infrastructure development are the key drivers propelling the global construction aggregates market growth. Majority of countries are investing heavily in road construction, urban infrastructure development, and affordable housing projects which requires huge quantities of aggregates annually. For instance, the Indian government announced the National Infrastructure Pipeline project outlay of USD 1.5 trillion over 2019-2025 timeframe focusing on energy, roads, urban infrastructure and railways. However, shortage of high-quality raw materials due to environmental protection laws and depletion of resources poses a challenge for manufactures and acts as a major restraint. Strict regulations regarding mining and quarrying activities especially in developed countries of North America and Europe also impact the supply of aggregates. The market players have opportunities to adopt new technologies like usage of artificial or synthetic aggregates produced from industrial wastes. Investments in recycling and reuse of construction debris provide opportunities for the market growth. Rising demand for green buildings utilizing recycled aggregates provides growth prospects over the forecast period.
Key Features of the Study:
- This report provides in-depth analysis of the global construction aggregates market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global construction aggregates market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Adbri Ltd (Adbri), Big City Crushed Concrete, CEMEX S.A.B. de C.V., CRH Plc. (CRH), Delta Sand & Gravel, Eurocement Group, Ferma Corp, Green Stone Materials, Heidelberg Cement AG, Holcim, Independence Recycling of Florida, Martin Marietta Materials, Rogers Group Inc., Tarmac, Top Grade Site Management, LLC, Vulcan Materials Company, China Resources Cement Holdings Limited, and Royal Mineral
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- Global construction aggregates market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global construction aggregates market
Detailed Segmentation-
- By Product Type:
- Crushed stone
- Sand & Gravel
- Other Aggregates
- By Application:
- Commercial
- Residential
- Industrial
- Infrastructure
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
- Adbri Ltd (Adbri)
- Big City Crushed Concrete
- CEMEX S.A.B. de C.V.
- CRH Plc. (CRH)
- Delta Sand & Gravel
- Eurocement Group
- Ferma Corp
- Green Stone Materials
- Heidelberg Cement AG
- Holcim
- Independence Recycling of Florida
- Martin Marietta Materials
- Rogers Group Inc.
- Tarmac
- Top Grade Site Management, LLC
- Vulcan Materials Company
- China Resources Cement Holdings Limited
- Royal Mineral
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Application
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Mergers and Acquisitions
4. Global Construction Aggregates Market - Impact of Coronavirus (COVID-19) Pandemic
- Overview
- Factors Affecting Global Construction Aggregates Market
- Impact Analysis
5. Global Construction Aggregates Market, By Product Type, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Crushed stone
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
- Sand & Gravel
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
- Other Aggregates
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
6. Global Construction Aggregates Market, By Application, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Commercial
- Residential
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
- Industrial
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
- Infrastructure
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
7. Global Construction Aggregates Market, By Region, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, By Region, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020-2031
- North America
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
- U.S.
- Canada
- Latin America
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn))
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
- GCC Countries
- Israel
- Rest of Middle East & Africa
8. Competitive Landscape
- Market Share Analysis
- Company Profiles
- Adbri Ltd (Adbri)
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Big City Crushed Concrete
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- CEMEX S.A.B. de C.V.
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- CRH Plc. (CRH)
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Delta Sand & Gravel
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Eurocement Group
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Ferma Corp
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Green Stone Materials
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Heidelberg Cement AG
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Holcim
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Independence Recycling of Florida
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Martin Marietta Materials
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Rogers Group Inc.
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Tarmac
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Top Grade Site Management, LLC
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Vulcan Materials Company
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- China Resources Cement Holdings Limited
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Royal Mineral
- Company Overview
- Product Portfolio
- Recent Developments/Updates
9. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
10. Section
- References
- Research Methodology
- About Us and Sales Contact
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