Construction Aggregates Market Size Trends And Growth
Analysis

Construction aggregates include
crushed stone, sand, gravel, and recycled concrete. These materials are
essential raw materials for use in construction activities such as buildings,
roads, bridges, canals, and other infrastructure projects. Aggregates
constitute the major raw material for concrete production and are widely used
in residential and non-residential construction. The growing construction
sector globally driven by urbanization and industrialization has resulted in
increased demand for construction aggregates.



The global construction aggregates
market is estimated to be valued at US$ 480 billion in 2024 and is expected to
exhibit a CAGR of 4.8% over the forecast period 2024 to 2031.



Key Takeaways



Key players operating in the construction aggregates market are LafargeHolcim
Ltd., CEMEX S.A.B. de C.V., HeidelbergCement AG, CRH plc, Vulcan Materials
Company, Martin Marietta Materials Inc., Eurocement Holding AG, and Adelaide
Brighton Ltd. Key players are focusing on capacity expansion, mergers &
acquisitions and product portfolio expansion to gain a competitive advantage in
the market.



The increasing infrastructure development projects worldwide offer lucrative
opportunities for growth of the Construction
Aggregates Market Demand Government initiatives for development of
roads, rail networks, affordable housing, and commercial real estate will drive
the demand.



Asia Pacific region is expected to witness the fastest growth owing to huge
infrastructure development plans in major countries such as China and India.
Major players are expanding their production facilities in developing Asian countries
to leverage the high growth potential.

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Aggregates Market