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The global construction aggregates market is estimated to value at nearly US$ 393.5 Bn in 2019, and is
expected to register a CAGR of 6.7%. The global construction aggregates market is segmented on the
basis of product type, application, and region.
Global Construction Aggregates Market: Introduction
Construction aggregate is a grained particulate material used in building and construction, these materials are
mixed with cement, bitumen, lime, gypsum, or other adhesive to form concrete or mortar. The aggregate
gives volume, stability, resistance to wear or erosion, and other desired the physical properties to finished
product. Commonly used aggregates include sand, gravel, crushed stone, broken blast-furnace slag, boiler
ashes, burned shale, burned clay, recycled concrete, and geosynthetic aggregates.
Favorable government support and wide applicability of construction aggregates in commercial, residential,
industrial, and infrastructure sector play an important role in growth of the market. Growing population and
an increasing number of construction projects are some of the factors expected to have a positive impact on
the global construction aggregates market. In addition, increasing spending on infrastructure, rapid economic
growth with railways, roads, energy, and rural projects, along with rising urbanization, expected to drive
demand for repairing the existing infrastructure. In addition, increasing demand for recycled aggregates in
constructional activities is expected to fuel demand for construction aggregates in the coming years.
Moreover, rising investment in infrastructure and increasing re-modeling projects are among other factors
supporting growth of the target market. Further, rising tourism activities, innovation in the construction
sector, and rapidly increasing residential sector are expected to boost demand for the global construction
aggregates market in the near future.
Recent trend shows that preference for pea gravel or pea stones is increasing day by day. It is extensively
used for above-ground projects such as patios, walkways, and playgrounds.
However, depleting natural resources, rising mining activities, and rising concerns regarding environmental
safety and security are some of the factors restraining growth of the global construction aggregates market.
In June 2018, The Martin Marietta Materials, Inc. has announced that it has acquired CRH America, Inc.’s
sand and gravel operations business which is US-based company that sells and manufactures building
materials and this acquisition was aimed to expansion of the business in Midwest
Global Construction Aggregates Market: Market Forecast
The comprehensive research report comprises a complete forecast of the global construction aggregates
market based on factors affecting the market and their impact in the foreseeable future. According to the
forecast projections, revenue from the global construction aggregates market is expected to register a CAGR
of 6.7% during the forecast period.
Global Construction Aggregates Market: Segmental Snapshot
The market report has been segmented on the basis of product type, application, and region. The product
type segment includes crushed stone, sand, gravel, and other aggregates. The application segment includes
commercial, residential, industrial, and infrastructure. The region includes the North America, Europe, Asia
Pacific, Latin America, and Middle East & Africa.
By Product Type: The sand segment accounted for highest revenue share contribution in 2019, as compared
to other segments, and is expected to register a CAGR of over 6.9% between 2019 and 2028
By Application: The infrastructure segment in the global construction aggregates market is estimated to
account for major revenue share in 2019, and is expected to register highest CAGR of over 7%.
By Region: The market in Asia Pacific is expected to register highest CAGR of over 6.5% in the global
construction aggregates market. Increasing investments by government and private organizations for
development of infrastructure in emerging economies is another factor expected to boost demand for
construction aggregates market substantially.
Global Construction Aggregates Market: Competitive Analysis
The research report on the global construction aggregates market includes profiles of some of the major
companies such as Heidelberg Cement AG., Martin Marietta Materials, Inc., LSR Group PJSC.,
LafargeHolcim Ltd., CEMEX S.A.B. de C.V., Vulcan Materials Company, CRH plc., EUROCEMENT
Holding AG., and Adelaide Brighton Ltd.
The Global Construction Aggregates Market: Global Industry, Size, Share, Growth, Trends, and Forecast,
2019–2028 report has been prepared based on an in-depth market analysis with inputs from industry experts.
This report covers the present scenario and the growth prospects of the global construction aggregates market
for 2018–2028.
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