Industry Background:
Construction aggregates are known for a broad category of granular materials like as crushed stone, gravel, and stone, etc., which finds much application in the construction activities. Aggregates are referring as the world’s most mined material. Aggregates basically give the resistance to volume stability, wear and erosion, and other desired physical properties to the finished product. Aggregates which are commonly used include sand, boiler ashes, burned shale, burned clay, recycled concrete, gravel, crushed stone, broken blast-furnace slag, and geosynthetic aggregates. Due to rising investments in the infrastructure, there is rising demand for the construction aggregate and factors like high transportation cost are restraining the market.
The Global Construction Aggregate market presents a comprehensive analysis of the Construction Aggregate market by product type (Granite, Sand, Gravel, Limestone, Crushed Rock and Other), by end-user/application (Commercial, Residential, Industrial and Infrastructure), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. The key Manufacturers profiled in the report are LafargeHolcim Group (Switzerland), Wharehine (New Zealand), Aggregate Industries (United Kingdom), Okanagan Aggregates (Canada), Rock Road Companies (United States), Cement Industries of Malaysia Berhad (CIMA) (Malaysia), Hanlon Concrete (Ireland), Heidelberg Cement AG. (Germany), Martin Marietta Materials, Inc. (United States) and LSR Group PJSC. (Russia). Additionally, other players that are part of this comprehensive study are CEMEX S.A.B. de C.V. (Mexico), Vulcan Materials Company. (United States), CRH plc. (Ireland) and EUROCEMENT Holding AG. (Switzerland).
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Key Companies Profiled | LafargeHolcim Group (Switzerland), Wharehine (New Zealand), Aggregate Industries (United Kingdom), Okanagan Aggregates (Canada), Rock Road Companies (United States), Cement Industries of Malaysia Berhad (CIMA) (Malaysia), Hanlon Concrete (Ireland), Heidelberg Cement AG. (Germany), Martin Marietta Materials, Inc. (United States) and LSR Group PJSC. (Russia) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Increasing use of recycled aggregates
Market Growth Drivers:
Rising investment in infrastructure
Challenges:
Rising cost of energy
Restraints:
High transportation costs and Stringent zoning regulations
Opportunities:
Rapid industrialisation, urbanisation in developing economies of the world and Increasing mega construction project across the globe
Regional Breakdown and Segment Analysis
This section of our report presents a realistic picture of the Global Construction Aggregate industry. Investors and manufacturers can easily understand the inherent opportunities and challenges for their products in the geographical region of interest.
The Way of Use, such as Recycled, is boosting the Construction Aggregate market and is anticipated to experience a steady growth during the forecast period.
Despite the presence of competition and brand effect problems, due to the awareness of end-users and their demand for high end products, investors are still optimistic about this area. There will be more new investors entering into this industry in the future. The manufacturers who want to occupy the market must depend on market mechanism reform, manufacturing equipment innovation, core technology improvement and brand establishment.
The regional segmentation covered in this report are:
South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)