Construction Aggregates Market By Product Type, Size, Share Forecast To 2028
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The global Construction Aggregates market, which was evaluated at 365 (USD Billion) in 2019 and is expected to generate 495 (USD Billion) by 2026, is expected to grow at a CAGR of about 4.6 percent between 2020 and 2026. The research provides appraisal and analysis of the worldwide and regional Construction Aggregates markets. The report provides a complete review of the industry's rivalry, constraints, sales forecasts, avenues, present and developing trends, and market data that has been validated by the industry. The research provides historical data from 2016 to 2019, as well as a projection based on value from 2020 to 2026. (USD Billion).

Construction aggregates are mined minerals that are widely available around the world. These composites are made from limestone, trap rock, and granite by blasting and drilling the rocks into tiny pieces. Further, building aggregate includes gravel, slag, geosynthetic aggregates, sand, recycled concrete, and crushed stone, among other medium-grained particles. These goods are long-lasting, have a strong chemical resistance, and can survive extreme temperatures.

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Over the forecast period, the emerging tourism industry, together with enormous investment for the construction of recreational projects, would provide profitable growth opportunities for the construction aggregates business. The market will be steered by the government's massive focus on boosting transportation services and extending the power sector's infrastructure. The surge in the creation of special economic zones, combined with favorable government legislation encouraging foreign direct investment in construction activities, will propel company expansion even further.

Furthermore, the large-scale demand for malls and residential spaces is expected to drive significant demand for construction aggregates in the coming years. Massive usage of recycled building aggregates will fuel business expansion over the anticipated timeframe due to the necessity to conserve rapidly depleting energy supplies. Aside from that, the widespread usage of ready-mixed concrete materials is expected to open up new growth opportunities for the construction aggregates business in the coming years. Nevertheless, fluctuating raw material costs will stifle firm growth in the next years.

The rapid industrialization of the Asia Pacific area, combined with an increase in the number of consumers, has contributed to the market's growth over the assessment period. Further, growing residential and commercial activities will contribute to regional industrial expansion in the next years. Aside from that, growing urbanization in countries like Japan, China, and India will propel the building aggregates market in Asia Pacific to new heights in the coming years.

Martin Marietta Materials, Inc., PJSC LSR Group, CRH PLC, CEMEX SAB de CV, Vulcan Materials Company, Eurocement Holding AG, Heidelberg Cement AG, Adelaide Brighton Cement Ltd., LafargeHolcim Ltd., and Rogers Group Inc. are among the study's key participants. Further, growing residential and commercial activities will fuel regional industry expansion in the approaching years. Aside from that, growing urbanization in countries such as Japan, China, and India will fuel the rise of the Asia Pacific construction aggregates market in the coming years.

Martin Marietta Materials, Inc., PJSC LSR Group, CRH PLC, CEMEX SAB de CV, Vulcan Materials Company, Eurocement Holding AG, Heidelberg Cement AG, Adelaide Brighton Cement Ltd., LafargeHolcim Ltd., and Rogers Group Inc. are among the key participants covered in the report.

This report segments the global construction aggregates market into:

Global Construction Aggregates Market: Product Type Analysis

Crushed Stones

sand

gravel

others

Global Construction Aggregates Market: End-User Analysis

Residential

Commercial

Industrial

By Region

North America

The US

Canada

Europe

France

The UK

Spain

Germany

Italy

Rest of Europe

Asia-Pacific

China

Japan

India

south korea

Southeast Asia

Rest of Asia Pacific

latin america

Brazil

Mexico City

Rest of Latin America

Middle East & Africa

CCG

South Africa

Rest of Middle East & Africa

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