Construction Aggregates Market: Overview
Residential, infrastructure and
commercial construction are key end-use aggregate industries. Its use in the
manufacture of concrete and cement, road base, and rail ballast and rail
ballast is anticipated to drive its demand over the projected period.
Increased investment to boost aggregate
capacity is a major trend seen in the global construction aggregate market.
With the start of construction projects in different countries around the
world, companies engaged in aggregate production are looking to expand their
Increased innovation in aggregate
production technologies to increase the efficiency of manufacturing processes
and productivity with high product quality is projected to fuel the growth of
the global construction aggregate market over the forecast period.
Construction aggregates are the most
mined and grained product available in the world and are the basic building
blocks of composite materials such as asphalt and concrete. These materials are
produced from natural deposits such as limestone, granite, and rock traps by
drilling and blasting the rock into smaller pieces. Construction aggregates are
used as necessary materials under highways, airports, runways, parking lots,
and railroads. This material is also used for water purification, filtration,
and soil erosion control.
Global Construction Aggregates Market: Type
on type, the construction aggregates market is segmented into Crushed stone,
Sand, Gravel and Others. Among all these types, crushed stone held a
significant market share in the past due to the large-scale development of
infrastructure in developing economies. Besides, sand also contributed to a
substantial market share due to land reclamation and the demand for sand in
Global Construction Aggregates Market: Application
on Application, the global Construction Aggregates market segmented into Concrete,
Road base & coverings and Others. The concrete application segment is
likely to dominate the global construction aggregate market both in terms of
volume and earnings. India's construction sector is anticipated to grow
strongly over the forecast period due to various regulatory improvements,
including the implementation of the Real Estate Regulatory Bill and the
inclusion of 100% foreign direct investment in the real estate sector.
Global Construction Aggregates Market: End-User
on the end-user, the aggregate construction market has been segmented into
infrastructure, residential, commercial, and industrial. In the historical
period, infrastructure held a significant market share worldwide. This is
primarily driven by the fact that a large number of aggregates are used in the
development of roads, bridges, ports, and highways. Moreover, governments
across nations are increasingly focusing on boosting their infrastructure
spending to increase their economic growth. This has a positive impact on the
growth of the market.
Global Construction Aggregates Market: Regional
Based on region, the global Construction Aggregates market
segmented into North America, Europe, Asia Pacific, Latin America, and Middle
East & Africa. The Asia Pacific dominated the global market, accounting for
a high volume share in previous years. The market in emerging economies,
such as India, is gaining momentum, especially in road construction. China has
developed as a significant global player in the construction industry over the
last decade. The country's rapid infrastructural development and strong
economic growth have favored progress in the construction sector.
major players in the global Construction Aggregates are CEPSA, LSR Group, EMEX
S.A.B. de C.V., LafargeHolcim Ltd., Martin Marietta, HeidelbergCement Group,
Vulcan Materials Company, CRH plc, EUROCEMENT group, Rogers Group Inc., and
Adelaide Brighton Ltd. and other prominent players.
2020: LafargeHolcim launches carbon capture project in Canada. LafargeHolcim is
increasing its efforts to further improve the carbon-efficiency of its cements
with the launch of the CO₂MENT project in Canada. The objective is to build the
world’s first full-cycle solution to capture and reuse CO2 from a cement plant
while also reducing greenhouse gas emissions. The project is a partnership
between Lafarge Canada, Inventys and Total.
Ø May, 2019: HeidelbergCement
first cement company to receive approval for science-based CO2
reduction targets. HeidelbergCement’s CO2 reduction targets 2030
have been successfully assessed against the Science Based Targets initiative’s
(SBTi) criteria. This makes HeidelbergCement the first company in the cement
sector, and one of currently only about 200 companies worldwide, to have approved
base & coverings
Ø North America
Ø Asia Pacific
Ø Latin America
Ø Middle East &
The objective of the Study:
Ø To analyze and forecast the global Construction
Aggregates Market size of the market in terms of value.
Ø To examine the careful market segmentation and
forecast the market size, in terms of value, based on the region by segmenting.
Ø The Global Construction Aggregates Market segmented
into five regions, namely, North America, Europe, Asia Pacific, Latin America,
Middle East & Africa and their leading countries.
Ø To outline, categorized, and forecast the global Construction
Aggregates Market based on type, application, and end-user.
Ø To examine competitive developments like
technological advancement, services, and regulative framework within the global
Construction Aggregates Market.
Ø To highlight the impact analysis of the factors
affecting the market dynamics such as drivers, restraints, opportunities, and
Ø To strategically profile the key players and
comprehensively analyze their market shares along with detailing the
competitive landscape for market leaders.