Global construction aggregates market is expected to rise at a positive CAGR in the predicted period. Civil engineering encompasses a term of aggregates described as crushed stone, slag, gravel and recycled concrete comprising individual particles. Aggregates are also used as base material beneath the foundations and also a component of composite materials such as concrete and asphalt concrete, basically used in building and road construction. A stable foundation also needs the construction aggregates with uniform properties and also has a low-cost extender binding with more expensive cement or asphalt to form concrete.
Further, aggregate is used for all kind of constructions and typically elements such as gravel pits, rock quarries etc are the natural resources used. Gravel deposits are then crushed to gain the desired shape, distribution and texture. Aggregates are usually washed and graded in pit or plant and some variation in the type, quality, cleanliness, grading, moisture content and other features are expected. Commercially, recycled concrete and crushed waste concrete is a desirable source of aggregates. Conventional stone crushing equipment can be put to use and newer equipment are developed to reduce noise and dust, hence aggregates must conform to specific standards for optimum engineering use which must be clean, hard, strong and robust particles with coatings of clay.
Construction aggregates market is driven by factors such as rise in commercial, residential, industrial and infrastructural activities in construction sector. Also, factors such as rise in investment and infrastructure on a global scale are driving the market growth for construction aggregates market. However, higher costs of transportation, strict regulations, seasonal factors and higher energy costs is likely to hinder the market growth in the predicted period.
Based on application, the construction aggregates market is segmented into commercial, industrial, residential and infrastructure. Based on product, the construction aggregates market is segmented into sand, gravel and crushed stone segments. Sand segment is expected to rise at a positive CAGR in the predicted period followed by crushed stone segment. Depletion of natural sources of sand and heavy political pressures is the factors that leverage the market demand for manufactured sand.
Geographically, the construction aggregates market spans North America, Latin America, Europe, Asia-Pacific, Middle-East and Africa. APAC regions are expected to rise at a higher CAGR in the predicted period owing to rise in number of construction activities for industrial and infrastructure sector. North America and Europe are expected to rise at a higher CAGR in the forecast period owing to growing demand for novel construction with modern techniques that may generate multiple opportunities in various domain. The key players in the construction aggregates market include Martin Marietta Materials Inc, Heidelberg Cement AG, LSR Group PJSC, Lafarge-Holcim Ltd, Vulcan Materials Company, CRH plc, CEMEX S.A.B de C.V., EUROCEMENT Holding AG.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Construction Aggregates in these regions, from 2013 to 2025 (forecast), covering
• North America
• Southeast Asia
Global Construction Aggregates market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
• Buzzi Unicem
• US Concrete
• Siam Cement Group
• CRH plc
• China Resources Cement Limited
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• Crushed Stone
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
• Residential Use
• Commercial Use
• Infrastructure Use
• Industrial Use
Research Support Specialist, USA