Global Construction aggregate is a major category of coarse 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.
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Construction aggregate is a major category of coarse 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)
- Vulcan Materials Company (USA)
Scope of Report:
The report for Global Construction Aggregate Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Global Construction Aggregate Market Segmentation
The global construction aggregate market has been segmented based on material and application. On the basis of material, the global market is segmented into crushed stone, gravel, sand, M-sand, and others. On the basis of application, the global market is segmented as residential, commercial, industrial, and infrastructure.
On the basis of material, crushed stone accounted for the larger market share of around 37% in the overall construction aggregate market, which is also expected to witness the highest growth rate during the forecast period. This is because these stones are heavy commodities with low value, making it is more economical to use crushed stones in construction. These stones are mostly used in applications, such as road construction, paving blocks and concrete for sidewalks, driveways, patios, homes, and office buildings.
On the basis of application, in 2018, the infrastructure segment held the largest market share, which is also anticipated to witness highest growth rate in the global market. The construction industry in emerging economies such as China and India, has witnessed an investment inflow, owing to the numerous government initiatives to develop better infrastructure (heavy civil works, such as rail, road, dams, and irrigation canals). For instance, in India, the government has taken initiatives to establish Special Economic Zones (SEZs), which promote industrialization and economic growth. The Ministry of Commerce, India, has reduced the number of regulations and decreased the taxes to increase FDI and develop the infrastructure in the country.
Intended Audience:
- Raw Material Suppliers
- End Users
- Manufacturers
- Traders & Distributors
- Regulatory Bodies
- Market Research and Consulting Firms
Regional Analysis:
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.
Get More Information on Global Construction Aggregate Market Research Report – Forecast to 2024:
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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
Continued……..
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’s 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 (%)
Continued…….
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