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Base Year
Historical Year
Forecast Year
The global construction aggregates market size reached approximately USD 450.85 billion in 2023. The market is further projected to grow at a CAGR of 5.8% between 2024 and 2032, reaching a value of USD 750.98 billion by 2032.
Global Construction Aggregates Market Report Summary | Description | Value |
Base Year | USD Billion | 2023 |
Historical Period | USD Billion | 2018-2023 |
Forecast Period | USD Billion | 2024-2032 |
Market Size 2023 | USD Billion | 450.85 |
Market Size 2032 | USD Billion | 750.98 |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 5.8% |
CAGR 2024-2032 - Market by Region | Latin America | 6.3% |
CAGR 2024-2032 - Market by Country | India | 6.8% |
CAGR 2024-2032 - Market by Country | Brazil | 6.6% |
CAGR 2024-2032 - Market by Material | Sand | 6.7% |
CAGR 2024-2032 - Market by Application | Residential | 6.4% |
Market Share by Country 2023 | Australia | 2.3% |
Construction aggregates refer to medium grained and coarse materials that are used in construction. They include gravel, sand, slag, geosynthetic aggregates, crushed stone, and recycled concrete, among others. These materials are used with a binding medium including asphalt, water, and cement for forming compound materials such as cement concrete and asphalt concrete.
On the basis of material, the market is divided into crushed stones, gravel, and sand, among others. Based on application, the market is classified into residential, commercial, and industrial.
On the basis of region, the construction aggregates market segmentation includes North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Commercial applications are anticipated to account for a significant construction aggregates market share over the forecast period. This growth can be attributed to the increase in infrastructural development activities by various governments across the globe for supporting the economic development of the country and rising migration of rural youth to urban cities. Increasing development of shopping complexes and airports, among others, as part of various development programs is further supporting the segment growth.
The Asia Pacific accounts for a significant share of the market owing to the rapid expansion of the residential sector in the region due to the exponential growth in population. Increasing urbanisation due to availability of better employment opportunities in urban areas as opposed to rural locations is bolstering the construction aggregates market demand. Increasing investments by various governments in the region towards infrastructural development is further supporting the market expansion in the Asia Pacific.
CAGR 2024-2032 - Market by | Country |
India | 6.8% |
Brazil | 6.6% |
China | 6.2% |
Mexico | 6.1% |
Canada | 6.0% |
USA | XX% |
UK | 5.7% |
France | XX% |
Italy | XX% |
Japan | XX% |
Australia | XX% |
Saudi Arabia | XX% |
Germany | 5.1% |
Compagnie de Saint Gobain SA, headquartered in Courbevoie, France, is one of the leading manufacturers and distributors of mobility and construction materials and solutions. The company specialises in construction aggregates, high performance materials, and flat glass, among others.
Cement Roadstone Holding plc, headquartered in Ireland, Dublin, is one of the leading providers of building material solutions and specialises in construction aggregates and building raw materials, among others. The company was founded in 1970.
Holcim Ltd., headquartered in Zug, Switzerland, specialises in construction materials, precast concrete, construction aggregates, affordable housing solutions, cement, concrete, and building materials, among others.
Other construction aggregates market key players include China Resources (Holdings) Co., Ltd., Aditya Birla Group (Grasim Industries Ltd.), Martin Marietta, Inc., Heidelberg Materials AG, Cemex S.A.B. de C.V., BBMG Corporation, ADBRI Ltd., and Vulcan Materials Company, among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Material |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market reached a value of approximately USD 450.85 billion in 2023.
The market is projected to grow at a CAGR of 5.8% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 750.98 billion by 2032.
The major market drivers include increasing investments by various governments towards the enhancement of transportation infrastructure and growing urbanisation.
The key trends fuelling the growth of the market include increasing home renovation activities and rising requirement for recycled construction aggregates due to growing environmental concerns.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The applications of construction aggregates include residential, commercial, and industrial.
The key players in the market are Compagnie de Saint Gobain SA, Cement Roadstone Holding plc, Holcim Ltd., China Resources (Holdings) Co., Ltd., Aditya Birla Group (Grasim Industries Ltd.), Martin Marietta, Inc., Heidelberg Materials AG, Cemex S.A.B. de C.V., BBMG Corporation, ADBRI Ltd., and Vulcan Materials Company, among others.
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Australia
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India
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United States (Head Office)
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+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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