Construction aggregate is a major category of course 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 key players in the global construction aggregate market include Aalborg Portland A/S (Denmark), Anglo American PLC (UK), Asamer Baustoffe AG (Austria), Boral Limited (Australia), CEMEX S.A.B. de C.V. (Mexico), CRH PLC (Ireland), Eurocement Holding AG (Switzerland), Heidelberg Cement AG (Germany), Lafarge Holcim Ltd (Switzerland), LSR Group (Russia), Martin Marietta Materials Inc. (USA), and Vulcan Materials Company (USA).
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Latest Industry News
Aggregate Industries has introduced a new range of high early strength concretes that have been specifically designed for use in the pavement, structural, track bed, and void-fill applications. 15 FEB 2019
A new Artificial Intelligence called artificial neural networks (ANN) method can investigate the properties of concrete mixtures. It incorporates recycled aggregate concrete. 11 FEB 2019
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Construction aggregate is defined as a broad category of coarse to medium-grained particulate material used in construction. Market Research Future (MRFR) has published a research report about the global construction aggregate market that predicts growth for this market during the forecast period between 2016 and 2021.
Analyzing the market structure, this report calculates the future growth potential of the market. It weighs the strategies of the key players in the market and supports the competitive developments like joint ventures, new product developments, mergers and acquisitions, research and developments (R&D) in the market.
The key factor driving the global construction aggregate market growth is the increased number of construction projects around the world. Other factors supporting the market growth include growing investments in this sector, increasing industrialization, and better processes that have increased the production levels, resulting in market growth.
The global construction aggregate market has been segmented on the basis of application, material, and lastly, region. As per the application-based segmentation, the market has been segmented into commercial, residential, industrial, infrastructure, and others. Residential areas are areas where housing societies are located. Commercial areas the areas where corporate offices, businesses, and retail outlets are located. Industrial areas are where factories or manufacturing units for a product meant for sale are set up. Infrastructure applications are those that are useful for infrastructure development.
Study Objectives of Global Construction Aggregate Market
- To provide detailed analysis of the market structure along with forecast for the next 10 years of various segments and sub-segments of the Global Construction Aggregate Market
- To provide insights about factors affecting the market growth
- To analyze the global construction aggregate market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, APAC, and Rest of the World (RoW)
- To provide country level analysis of the market with respect to the current market size and future prospective
- To provide country level analysis of the market for segment by material, application and region.
- To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global construction aggregate market
The regional segmentation of the global construction aggregate market can segment the market into the regional markets known as North America, Europe, Asia Pacific, and rest of the world (RoW). During the forecast period, the Asia Pacific region is expected to emerge as the fastest growing market due to growing investments in the construction sector in China and India. Another important country-specific market in this region is Japan, followed by the remaining countries of the Asia Pacific region.
By 2021, growth is expected in the market of North America too due to technological advancement, established construction industry, and due to the presence of many key market players. The most important country-specific markets in North America are the USA and Canada.
In Europe, the market is expected to grow during the forecast period, primarily due to the reasons the same as in North America. The maximum revenue generating country-specific markets in Europe are France, Germany, Italy, the Netherlands, and the UK, followed by the remaining countries of Europe.
The RoW segment covers South America and the Middle East & Africa (MEA). In South America, Argentina and Brazil are two strong economies that can be suitable markets in the future. In the MEA region, the market is small due to poor countries, lack of awareness, lack of education, lack of skilled labor, and lack of technological advancement.
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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
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 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 (%)
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