[Latest] Global Construction Aggregates Market Size/Share

Austin, TX, USA, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “Construction Aggregates Market Size, Trends and Insights By Type (Crushed Stone, Sand, Gravel), By Application (Non-Residential, Residential), By Transportation Mode (Truck, Train, Ship), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032” in its research database.

“According to the latest research study, the demand of global Construction Aggregates Market size & share was valued at approximately USD 356.8 Billion in 2022 and is expected to reach USD 374.3 Billion in 2023 and is expected to reach a value of around USD 575.7 Billion by 2032, at a compound annual growth rate (CAGR) of about 4.9% during the forecast period 2023 to 2032.”

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Construction Aggregates Market: Growth Factors and Dynamics

Infrastructure Development: The construction aggregates market is propelled by robust infrastructure development globally. Ongoing projects such as roads, bridges, and urban infrastructure contribute to the consistent demand for aggregates, driving market growth.

Residential and Commercial Construction: The growth of the construction aggregates market is closely tied to residential and commercial construction activities. As urbanization and population growth continue, the need for housing and commercial spaces fuels demand for aggregates in construction projects.

Government Initiatives and Investments: Government initiatives and investments in large-scale construction projects stimulate the construction aggregates market. Infrastructure-focused policies and funding allocations for public works projects significantly contribute to market dynamics.

Rising Demand for Sustainable Practices: Increasing awareness of environmental sustainability is influencing the construction aggregates market. There’s a growing demand for recycled and eco-friendly aggregates, driving innovation and the adoption of sustainable practices within the industry.

Technological Advancements in Extraction and Processing: Technological advancements in the extraction, processing, and use of construction aggregates enhance efficiency and quality. Innovations in machinery and processes contribute to the market’s growth by improving production capabilities and reducing environmental impact.

Global Urbanization Trends: Global urbanization trends, with a significant population shift to urban areas, drive the construction aggregates market. The development of urban infrastructure, including transportation networks and utilities, results in a sustained demand for aggregates in construction activities.

Reconstruction and Rehabilitation Projects: Reconstruction and rehabilitation projects, especially in regions prone to natural disasters or aging infrastructure, contribute to the growth of the construction aggregates market. Rebuilding efforts necessitate the use of aggregates for various construction applications, driving market dynamics.

Economic Growth and Industrialization: Economic growth and industrialization, particularly in emerging markets, drive construction activities and, subsequently, the demand for aggregates. The construction aggregates market benefits from increased industrial and economic activities that require robust infrastructure and facilities.

Innovation in Project Financing Models: Post-COVID-19, there’s a shift towards innovative financing models for construction projects, including public-private partnerships. These models facilitate funding for infrastructure projects, supporting the recovery of the construction aggregates market by enabling the initiation of new projects.

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Construction Aggregates Market: Partnership and Acquisitions

In 2023, Afrimat, a prominent building materials provider, completed the acquisition of Lafarge South Africa Holdings (Pty) Ltd. (LSA). This strategic move is anticipated to enhance Afrimat’s product offerings and broaden its customer base, reinforcing its market presence and growth prospects in the African region.

In 2022, The Adani Group acquired Holcim Group’s business in India, including a 63.11% holding in Ambuja Cement. Ambuja Cement holds a 50.05% stake in ACC, and Holcim also had a 4.48% direct stake in ACC, making this acquisition a significant move in the Indian cement industry.

Report Scope

Feature of the Report	Details
Market Size in 2023	USD 374.3 Billion
Projected Market Size in 2032	USD 575.7 Billion
Market Size in 2022	USD 356.8 Billion
CAGR Growth Rate	4.9% CAGR
Base Year	2022
Forecast Period	2023-2032
Key Segment	By Type, Application, Transportation Mode and Region
Report Coverage	Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope	North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options	Request tailored purchasing options to fulfil your requirements for research.

(A free sample of the Construction Aggregates report is available upon request; please contact us for more information.)

Our Free Sample Report Consists of the following:

Introduction, Overview, and in-depth industry analysis are all included in the 2023 updated report.
The COVID-19 Pandemic Outbreak Impact Analysis is included in the package.
About 220+ Pages Research Report (Including Recent Research)
Provide detailed chapter-by-chapter guidance on the Request.
Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2023
Includes Tables and figures have been updated.
The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
Custom Market Insights (CMI) research methodology

(Please note that the sample of the Construction Aggregates report has been modified to include the COVID-19 impact study prior to delivery.)

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Construction Aggregates Market: COVID-19 Analysis

The COVID-19 pandemic has had a significant impact on the Construction Aggregates Market, with the industry experiencing both positive and negative effects. Here are some of the key impacts:

Disruption in Construction Activities: Pandemic-induced lockdowns and restrictions led to disruptions in construction activities, causing delays and project cancellations, directly impacting the demand for construction aggregates.

Supply Chain Disruptions: Global supply chain disruptions affected the availability and transportation of construction aggregates, leading to increased costs and challenges in meeting project timelines.

Economic Downturn and Uncertainty: Economic uncertainties during the pandemic resulted in reduced investments in construction projects, affecting the overall demand for construction aggregates as construction companies and governments reassessed their budgets.

Government Stimulus and Infrastructure Spending: Government-led stimulus packages and increased infrastructure spending play a crucial role in the recovery of the construction aggregates market. Economic recovery plans focusing on construction projects stimulate demand for aggregates.

Resumption of Delayed Projects: The gradual resumption of delayed construction projects, as pandemic-related restrictions ease, contributes to increased demand for construction aggregates. The backlog of projects adds momentum to market recovery.

Increased Demand for Residential Construction: A surge in residential construction, driven by factors like increased remote work and housing demand, positively influences the construction aggregates market, creating new growth opportunities.

Accelerated Digital Transformation: Digital transformation in the construction sector, including the adoption of digital tools and technologies, enhances efficiency and productivity, contributing to a quicker recovery in construction projects and, consequently, the demand for aggregates.

Focus on Sustainable Construction Practices: The emphasis on sustainable construction practices, post-pandemic, boosts the demand for recycled and environmentally friendly construction aggregates. Companies aligning with green initiatives benefit from evolving market preferences.

Increased Emphasis on Infrastructure Resilience: The pandemic highlighted the importance of resilient infrastructure. Governments and organizations, recognizing this, are investing in projects that enhance the resilience of critical infrastructure, leading to sustained demand for construction aggregates in resilient construction practices.

In conclusion, the COVID-19 pandemic has had a mixed impact on the Construction Aggregates Market, with some challenges and opportunities arising from the pandemic.

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Key questions answered in this report:

What is the size of the Construction Aggregates market and what is its expected growth rate?
What are the primary driving factors that push the Construction Aggregates market forward?
What are the Construction Aggregates Industry's top companies?
What are the different categories that the Construction Aggregates Market caters to?
What will be the fastest-growing segment or region?
In the value chain, what role do essential players play?
What is the procedure for getting a free copy of the Construction Aggregates market sample report and company profiles?

Key Offerings:

Market Share, Size & Forecast by Revenue | 2023−2032
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions
Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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Construction Aggregates Market – Regional Analysis

The Construction Aggregates Market is segmented into various regions, including North America, Europe, Asia-Pacific, and LAMEA. Here is a brief overview of each region:

North America: In North America’s Construction Aggregates Market, a trend is the increasing emphasis on sustainable practices, with a focus on using recycled aggregates. Stringent environmental regulations drive companies to adopt eco-friendly production methods and explore alternatives, aligning with the region’s commitment to environmental stewardship.

Europe: Europe’s Construction Aggregates Market trends are marked by a growing demand for high-quality aggregates in infrastructure projects. The emphasis is on materials that meet stringent performance standards, supporting the development of durable and resilient structures. Additionally, there’s a trend towards adopting digital technologies for more efficient supply chain management.

Asia-Pacific: Asia-Pacific dominates the Construction Aggregates Market with trends reflecting rapid urbanization and infrastructure development. The region witnesses a surge in demand for aggregates in mega construction projects. Trends include increased adoption of advanced technologies in extraction, processing, and transportation to meet the scale and pace of construction activities.

LAMEA (Latin America, Middle East, and Africa): LAMEA’s Construction Aggregates Market trends revolve around adapting to unique regional challenges. With a focus on infrastructure development, there’s a trend towards efficient project financing models and the integration of aggregates in the construction of sustainable and climate-resilient infrastructure in the face of environmental challenges.

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List of the prominent players in the Construction Aggregates Market:

Vulcan Materials Company
Martin Marietta Materials Inc.
HeidelbergCement AG
Cemex SAB de CV
CRH plc
LafargeHolcim Ltd.
CEMEX S.A.B. de C.V.
Adelaide Brighton Ltd.
Eurocement Holding AG
Boral Limited
Lehigh Hanson Inc.
Aggregate Industries
Rogers Group Inc.
Luck Companies
Colas S.A.
Others

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The Construction Aggregates Market is segmented as follows:

By Type

Crushed Stone
Sand
Gravel

By Application

Non-Residential
Residential

By Transportation Mode

Truck
Train
Ship

Click Here to Get a Free Sample Report of the Global Construction Aggregates Market @ https://www.custommarketinsights.com/report/construction-aggregates-market/

Regional Coverage:

North America

U.S.
Canada
Mexico
Rest of North America

Europe

Germany
France
U.K.
Russia
Italy
Spain
Netherlands
Rest of Europe

Asia Pacific

China
Japan
India
New Zealand
Australia
South Korea
Taiwan
Rest of Asia Pacific

The Middle East & Africa

Saudi Arabia
UAE
Egypt
Kuwait
South Africa
Rest of the Middle East & Africa

Latin America

Brazil
Argentina
Rest of Latin America

This Construction Aggregates Market Research/Analysis Report Contains Answers to the following Questions.

Which Trends Are Causing These Developments?
Who Are the Global Key Players in This Construction Aggregates Market? What are Their Company Profile, Product Information, and Contact Information?
What Was the Global Market Status of the Construction Aggregates Market? What Was the Capacity, Production Value, Cost and PROFIT of the Construction Aggregates Market?
What Is the Current Market Status of the Construction Aggregates Industry? What's Market Competition in This Industry, Both Company and Country Wise? What's Market Analysis of Construction Aggregates Market by Considering Applications and Types?
What Are Projections of the Global Construction Aggregates Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
What Is Construction Aggregates Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
What Is the Economic Impact On Construction Aggregates Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
What Are Market Dynamics of Construction Aggregates Market? What Are Challenges and Opportunities?
What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Construction Aggregates Industry?

Click Here to Access a Free Sample Report of the Global Construction Aggregates Market @ https://www.custommarketinsights.com/report/construction-aggregates-market/

Reasons to Purchase Construction Aggregates Market Report

Construction Aggregates Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
Construction Aggregates Market report outlines market value (USD) data for each segment and sub-segment.
This report indicates the region and segment expected to witness the fastest growth and dominate the market.
Construction Aggregates Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
The Industry's current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
Construction Aggregates Market Includes in-depth market analysis from various perspectives through Porter's five forces analysis and provides insight into the market through Value Chain.

Reasons for the Research Report

The study provides a thorough overview of the global Construction Aggregates market. Compare your performance to that of the market as a whole.

Aim to maintain competitiveness while innovations from established key players fuel market growth.

Buy this Premium Construction Aggregates Research Report | Fast Delivery Available - [220+ Pages] @ https://www.custommarketinsights.com/report/construction-aggregates-market/

What does the report include?

Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Construction Aggregates market analysis.

The competitive environment of current and potential participants in the Construction Aggregates market is covered in the report, as well as those companies' strategic product development ambitions.

According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.

For each segment mentioned above, actual market sizes and forecasts have been given.

Who should buy this report?

Participants and stakeholders worldwide Construction Aggregates market should find this report useful. The research will be useful to all market participants in the Construction Aggregates industry.
Managers in the Construction Aggregates sector are interested in publishing up-to-date and projected data about the worldwide Construction Aggregates market.
Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Construction Aggregates products' market trends.
Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans.

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