Construction Aggregate Market Trends and Forecast
The future of the construction aggregate market looks good with opportunities in the infrastructure, residential, and non-residential construction industries. The global construction aggregates market is expected to reach an estimated $1.1 billion by 2030, and it is forecast to grow at a CAGR of 4.0% from 2024 to 2030. The major growth drivers for this market are growth in residential and non-residential construction activities, increasing urbanization, and rising per capita income. Emerging trends which have a direct impact on the dynamics of the construction aggregate market include increasing adoption of pea gravel and the growing use of recycled stone.A total of 124 figures / charts and 99 tables are provided in this 189 -page report to help in your business decisions. To learn the scope of, benefits, companies researched and other details of construction aggregate market report download the report brochure.
In this market, infrastructure is the largest end use of construction aggregates, whereas crushed stone is largest in type. Growth in various segments of the construction aggregate market are given below:
Construction Aggregate Market by Segment
The study includes the construction aggregate market size and forecast for the construction aggregate market through 2030, segmented by end use, product type, and region, as follows:Construction Aggregate Market by End Use [Value ($ Billion) and Volume (Billion Metric Tons) from 2018 to 2030]:
- Infrastructure
- Residential
- Non Residential
- Healthcare
- Education
- Hospitality
- Retail
- Office
- Others
Construction Aggregate Market by Product Type [Value ($ Billion) and Volume (Billion Metric Tons) from 2018 to 2030]:
- Sand and Gravel
- Crushed Stone
- Other Aggregates
Construction Aggregate Market by Region [Value ($ Billion) and Volume (Billion Metric Tons) from 2018 to 2030]:
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- France
- United Kingdom
- Spain
- Italy
- APAC
- China
- India
- Japan
- Australia
- ROW
- Brazil
- UAE
On the basis of comprehensive research, The publisher forecasts that crushed stone will remain the largest product type over the forecast period due to its high durability. The publisher predicts that sand and gravel will witness the highest growth during the forecast period due to its easy availability and low price. The growth for the sand and gravel segment will also be driven due to increasing demand in the residential industry.
Within the construction aggregate market, infrastructure will remain the largest end use market during the forecast period due to increasing infrastructure development especially in emerging countries and growing government focus on infrastructure projects. Residential construction is expected to witness the highest growth during the forecast period.
Asia Pacific is expected to remain the largest market and witness the highest growth over the forecast period supported by increasing urbanization and building construction activities.
Features of the Construction Aggregate Market
________________________________________- Market size estimates: Construction aggregate market size estimation in terms of value ($B) and volume (Billion Metric Tons) shipment.
- Trend and forecast analysis: Market trend (2018-2023) and forecast (2024-2030) by end use and use industry.
- Segmentation analysis: Construction aggregate market size by end use type, and product in terms of value and volume shipment.
- Regional analysis: Construction aggregate market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth opportunities:Analysis on growth opportunities in different applications and regions in the construction aggregate market.
- Strategic analysis: This includes M&A, new product development, and competitive landscape in the construction aggregate market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers following 11 key questions
Q.1. What are some of the most promising, high-growth opportunities for the construction aggregate market by end use [infrastructure, residential, and non residential (healthcare, education, hospitality, retail, office, and others)], product type (sand and gravel, crushed stone, and other aggregates), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which product segment will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in this construction aggregate market?
Q.5. What are the business risks and competitive threats in this construction aggregate market?
Q.6. What are the emerging trends in this construction aggregate market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the construction aggregate market?
Q.8. What are the new developments in the construction aggregate market and which companies are leading these developments?
Q.9. Who are the major players in this construction aggregate market? What strategic initiatives are being taken by key companies for business growth?
Q.10. What are some of the competing products in this construction aggregate market and how big of a threat do they pose for loss of market share by product substitution?
Q.11. What M&A activity has occurred in the last 5 years in this construction aggregate market?
This product will be delivered within 1-3 business days.
Table of Contents
Companies Mentioned
- Heidelberg Cement Group
- Lafarge Holcim
- Martin Marietta
- Vulcan Materials Company
- CRH Plc
- Cemex
- LSR Group
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
LOADING...