Construction Aggregate Market Analysis, Industry Size, Regional Outlook, Competitive Strategies and Forecasts, 2020 To 2027, Focusing On Top Key Players

 Construction aggregate is a major category of coarse to medium-grained material that is used in construction. The new research report about the global construction aggregate market published by Market Research Future (MRFR) appraises aggrandizement for this market at 5.4% CAGR between 2019 and 2024. By value, the market can be worth the USD 337.8 bn by the end of the forecast period.

The topmost driver for the global construction aggregate market growth is the increasing number of construction projects around the world. Other major market driving factors include increasing industrialization, growing investments in the construction sector, and better processes that have increased the production levels.

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Key Players

Major players in the global construction aggregate market include Aalborg Portland A/S (Denmark), Asamer Baustoffe AG (Austria), Anglo American PLC (UK), Boral Limited (Australia), CRH PLC (Ireland), CEMEX S.A.B. de C.V. (Mexico), Eurocement Holding AG (Switzerland), Heidelberg Cement AG (Germany), LSR Group (Russia), Lafarge Holcim Ltd (Switzerland), Martin Marietta Materials Inc. (USA), and Vulcan Materials Company (USA).

Intended Audience:

• Raw Material Suppliers
• End Users
• Manufacturers
• Traders & Distributors
• Regulatory Bodies
• Market Research and Consulting Firms

Latest Industry News

Damen Shipyards has received a contract from aggregates production company Hanson. As per the terms of the contract, Damen Shipyards has to build a new marine aggregate dredger (MAD) called MAD 3500, to join Hanson's fleet. MAD 3500 is to be deployed at Shoreham lock, on the south coast of England. The dredger will extract aggregates in the British Channel and the North Sea. The dredger will be built in Galați, Romania. Its modular design will enable easy replacement of worn parts, thus, increasing operational and maintenance savings for Damen Shipyards. The dredge equipment and screening installation for MAD 3500 are going to be constructed in Nijkerk, the Netherlands. 21 JUNE 2019

With a new citywide recycling plan, Riyadh is set to turn nearly 20 mn tons of building rubble and other demolition waste into construction aggregates. Saudi Investment Recycling Co. has teamed up with the National Waste Management Center and the Riyadh Municipality to implement this recycling plan. 15 JUL 2019

Market Segmentation

The global Construction Aggregate Market segmentation covers application and material. MRFR’s attempt to understand features of these segments and has its focus on learning new trends that are expected to drive the market ahead.

The application-based segmentation of this market covers commercial, industrial, infrastructure, residential, and others. Residential areas are defined as areas where housing societies are located. In industrial areas, factories or manufacturing units are set up. In commercial areas, businesses, corporate offices, and retail outlets are located. Infrastructure applications are useful for infrastructure development.

Based on the material, the market can be segmented into crushed stone aggregates, sand aggregates, gravel aggregates, and others. The segment called “others” includes geosynthetic aggregates, slag aggregates, and recycled concrete aggregates.

Regional Segmentation

The regional segmentation of the global construction aggregate market covers Asia Pacific, North America, Europe, and Rest of the World (RoW).

During the forecast period, the Asia Pacific region can rise as the fastest growing regional market due to surging investments in the construction sector in China and India. Due to technological advancement, Japan is another major country-specific market. Other countries of the Asia Pacific region can also aid market growth.

By 2021, the market can surge in North America due to technological advancement, the presence of many key market players, and established construction sector. The grand country-specific markets in this region are the USA and Canada.

In Europe, the market has been estimated to grow during the forecast period. Major factors stabilizing the market growth in this region are the same as in North America. The biggest revenue generating country-specific markets here are France, Germany, Italy, and the UK.

The RoW segment features South America and the Middle East & Africa (MEA). As a regional market, South America is smaller than North America in terms of technology, as it is not as advanced as the latter. In the MEA region, the market is meager due to the limited availability of technology.

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List of Tables

Table 1 Global Construction Aggregate Market, by Region, 2019–2024
Table 2 North America: Construction Aggregate Market, by Country, 2019–2024
Table 3 Europe: Construction Aggregate Market, by Country, 2019–2024
Table 4 Asia-pacific: Construction Aggregate Market, by Country, 2019–2024
Table 5 Rest of the World: Construction Aggregate Market, by Country, 2019–2024
Table 6 Global Construction Aggregate Market, by Material, by Region, 2019–2024
Table 7 North America: Construction Aggregate Market, by Material, by Country, 2019–2024
Table 8 Europe: Construction Aggregate Market, by Material, by Country, 2019–2024
Table 9 Asia-pacific: Construction Aggregate Market by Material, by Country, 2019–2024
Table 10 Rest of the World: Construction Aggregate Market by Material, by Country, 2019–2024

Continued........

List of Figures

Figure 1 Research Process of Mrfr
Figure 2 Top-down and Bottom-up Approach
Figure 3 Market Dynamics
Figure 4 Impact Analysis: Market Drivers
Figure 5 Impact Analysis: Market Restraints
Figure 6 Porter’s Five Forces Analysis
Figure 7 Value Chain Analysis
Figure 8 Global Construction Aggregate Market Share, by Material, 2018 (%)
Figure 9 Global Construction Aggregate Market, by Material, 2019–2024 (Usd Million)
Figure 10 Global Construction Aggregate Market Share, by Application, 2018 (%)

Continued........

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