Construction Aggregate Market Global Research Report - Forecast 2030

Construction Aggregate Market Research Report: Information, by Material (Crushed Stones, Gravel, Sand, M-Sand and others), by Application (Residential,Commercial, Industrial and Infrastructure) and by Region (North America, Europe, Asia-Pacific and the Rest of the World) - Forecast till 2030

ID: MRFR/CO/1016-HCR | August 2022 | Region: Global | 100 Pages         

Table of Contents

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat of New Entrants

3.1.2 Bargaining Power of Buyers

3.1.3 Threat of Substitutes

3.1.4 Segment Rivalry

3.1.5 Bargaining Power of Buyers

3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

5 Construction Aggregate Market, by Material

5.1 Introduction

5.2 Crushed Stones

5.2.1 Market Estimates & Forecast, 2020–2027

5.2.2 Market Estimates & Forecast, by Region, 2020–2027

5.3 Gravel

5.3.1 Market Estimates & Forecast, 2020–2027

5.3.2 Market Estimates & Forecast, by Region, 2020–2027

5.4 Sand

5.4.1 Market Estimates & Forecast, 2020–2027

5.4.2 Market Estimates & Forecast, by Region, 2020–2027

5.5 M-Sand

5.5.1 Market Estimates & Forecast, 2020–2027

5.5.2 Market Estimates & Forecast, by Region, 2020–2027

5.6 Others

5.6.1 Market Estimates & Forecast, 2020–2027

5.6.2 Market Estimates & Forecast, by Region, 2020–2027

6 Construction Aggregate Market, by Application

6.1 Introduction

6.2 Residential

6.2.1 Market Estimates & Forecast, 2020–2027

6.2.2 Market Estimates & Forecast, by Region, 2020–2027

6.3 Commercial

6.3.1 Market Estimates & Forecast, 2020–2027

6.3.2 Market Estimates & Forecast, by Region, 2020–2027

6.4 Industrial

6.4.1 Market Estimates & Forecast, 2020–2027

6.4.2 Market Estimates & Forecast, by Region, 2020–2027

6.5 Infrastructure

6.5.1 Market Estimates & Forecast, 2020–2027

6.5.2 Market Estimates & Forecast, by Region, 2020–2027

7 Construction Aggregate Market, by Region

7.1 Introduction

7.2 North America

7.2.1 Market Estimates & Forecast, 2020–2027

7.2.2 Market Estimates & Forecast, by Material, 2020–2027

7.2.3 Market Estimates & Forecast, by Application, 2020–2027

7.2.4 US

7.2.4.1 Market Estimates & Forecast, 2020–2027

7.2.4.2 Market Estimates & Forecast, by Material, 2020–2027

7.2.4.3 Market Estimates & Forecast, by Application, 2020–2027

7.2.5 Canada

7.2.5.1 Market Estimates & Forecast, 2020–2027

7.2.5.2 Market Estimates & Forecast, by Material, 2020–2027

7.2.5.3 Market Estimates & Forecast, by Application, 2020–2027

7.2.6 Mexico

7.2.6.1 Market Estimates & Forecast, 2020–2027

7.2.6.2 Market Estimates & Forecast, by Material, 2020–2027

7.2.6.3 Market Estimates & Forecast, by Application, 2020–2027

7.3 Europe

7.3.1 Market Estimates & Forecast, 2020–2027

7.3.2 Market Estimates & Forecast, by Material, 2020–2027

7.3.3 Market Estimates & Forecast, by Application, 2020–2027

7.3.4 UK

7.3.4.1 Market Estimates & Forecast, 2020–2027

7.3.4.2 Market Estimates & Forecast, by Material, 2020–2027

7.3.4.3 Market Estimates & Forecast, by Application, 2020–2027

7.3.5 Germany

7.3.5.1 Market Estimates & Forecast, 2020–2027

7.3.5.2 Market Estimates & Forecast, by Material, 2020–2027

7.3.5.3 Market Estimates & Forecast, by Application, 2020–2027

7.3.6 France

7.3.6.1 Market Estimates & Forecast, 2020–2027

7.3.6.2 Market Estimates & Forecast, by Material, 2020–2027

7.3.6.3 Market Estimates & Forecast, by Application, 2020–2027

7.3.7 Italy

7.3.7.1 Market Estimates & Forecast, 2020–2027

7.3.7.2 Market Estimates & Forecast, by Material, 2020–2027

7.3.7.3 Market Estimates & Forecast, by Application, 2020–2027

7.3.8 Rest of Europe

7.3.8.1 Market Estimates & Forecast, 2020–2027

7.3.8.2 Market Estimates & Forecast, by Material, 2020–2027

7.3.8.3 Market Estimates & Forecast, by Application, 2020–2027

7.4 Asia-Pacific

7.4.1 Market Estimates & Forecast, 2020–2027

7.4.2 Market Estimates & Forecast, by Material, 2020–2027

7.4.3 Market Estimates & Forecast, by Application, 2020–2027

7.4.4 China

7.4.4.1 Market Estimates & Forecast, 2020–2027

7.4.4.2 Market Estimates & Forecast, by Material, 2020–2027

7.4.4.3 Market Estimates & Forecast, by Application, 2020–2027

7.4.5 Japan

7.4.5.1 Market Estimates & Forecast, 2020–2027

7.4.5.2 Market Estimates & Forecast, by Material, 2020–2027

7.4.5.3 Market Estimates & Forecast, by Application, 2020–2027

7.4.6 India

7.4.6.1 Market Estimates & Forecast, 2020–2027

7.4.6.2 Market Estimates & Forecast, by Material, 2020–2027

7.4.6.3 Market Estimates & Forecast, by Application, 2020–2027

7.4.7 Rest of Asia-Pacific

7.4.7.1 Market Estimates & Forecast, 2020–2027

7.4.7.2 Market Estimates & Forecast, by Material, 2020–2027

7.4.7.3 Market Estimates & Forecast, by Application, 2020–2027

7.5 Rest of the World

7.5.1 Market Estimates & Forecast, 2020–2027

7.5.2 Market Estimates & Forecast, by Material, 2020–2027

7.5.3 Market Estimates & Forecast, by Application, 2020–2027

7.5.4 South America

7.5.4.1 Market Estimates & Forecast, 2020–2027

7.5.4.2 Market Estimates & Forecast, by Material, 2020–2027

7.5.4.3 Market Estimates & Forecast, by Application, 2020–2027

7.5.5 Middle East & Africa

7.5.5.1 Market Estimates & Forecast, 2020–2027

7.5.5.2 Market Estimates & Forecast, by Material, 2020–2027

7.5.5.3 Market Estimates & Forecast, by Application, 2020–2027

8 Competitive Landscape

9 Company Profile

9.1 HeidelbergCement AG (Germany)

9.1.1 Company Overview

9.1.2 Products/Services Offered

9.1.3 Financial Overview

9.1.4 Key Developments

9.1.5 Key Strategies

9.1.6 SWOT Analysis

9.2 Martin Marietta Materials Inc. (US)

9.2.1 Company Overview

9.2.2 Products/Services Offered

9.2.3 Financial Overview

9.2.4 Key Developments

9.2.5 Key Strategies

9.2.6 SWOT Analysis

9.3 LSR Group (Russia)

9.3.1 Company Overview

9.3.2 Products/Services Offered

9.3.3 Financial Overview

9.3.4 Key Developments

9.3.5 Key Strategies

9.3.6 SWOT Analysis

9.4 Cemex SAB de CV ADR (Mexico)

9.4.1 Company Overview

9.4.2 Products/Services Offered

9.4.3 Financial Overview

9.4.4 Key Developments

9.4.5 Key Strategies

9.4.6 SWOT Analysis

9.5 Vulcan Materials Company (US)

9.5.1 Company Overview

9.5.2 Products/Services Offered

9.5.3 Financial Overview

9.5.4 Key Developments

9.5.5 Key Strategies

9.5.6 SWOT Analysis

9.6 CEPSA (Spain)

9.6.1 Company Overview

9.6.2 Products/Services Offered

9.6.3 Financial Overview

9.6.4 Key Developments

9.6.5 Key Strategies

9.6.6 SWOT Analysis

9.7 Eurocement Group

9.7.1 Company Overview

9.7.2 Products/Services Offered

9.7.3 Financial Overview

9.7.4 Key Developments

9.7.5 Key Strategies

9.7.6 SWOT Analysis

9.8 CRH plc (Ireland)

9.8.1 Company Overview

9.8.2 Products/Services Offered

9.8.3 Financial Overview

9.8.4 Key Developments

9.8.5 Key Strategies

9.8.6 SWOT Analysis

9.9 Adelaide Brighton Ltd (Australia)

9.9.1 Company Overview

9.9.2 Products/Services Offered

9.9.3 Financial Overview

9.9.4 Key Developments

9.9.5 Key Strategies

9.9.6 SWOT Analysis

9.10 ROGERS GROUP INC. (US)

9.10.1 Company Overview

9.10.2 Products/Services Offered

9.10.3 Financial Overview

9.10.4 Key Developments

9.10.5 Key Strategies

9.10.6 SWOT Analysis

List of Tables

Table 1 Global Construction Aggregate Market, by Region, 2020–2027

Table 2 North America: Construction Aggregate Market, by Country, 2020–2027

Table 3 Europe: Construction Aggregate Market, by Country, 2020–2027

Table 4 Asia-Pacific: Construction Aggregate Market, by Country, 2020–2027

Table 5 Rest of the World: Construction Aggregate Market, by Country, 2020–2027

Table 6 Global Construction Aggregate Market, by Material, by Region, 2020–2027

Table 7 North America: Construction Aggregate Market, by Material, by Country, 2020–2027

Table 8 Europe: Construction Aggregate Market, by Material, by Country, 2020–2027

Table 9 Asia-Pacific: Construction Aggregate Market by Material, by Country, 2020–2027

Table 10 Rest of the World: Construction Aggregate Market by Material, by Country, 2020–2027

Table 11 Global Construction Aggregate Market, by Application, by Region, 2020–2027

Table 12 North America: Construction Aggregate Market, by Application, by Country, 2020–2027

Table 13 Europe: Construction Aggregate Market, by Application, by Country, 2020–2027

Table 14 Asia-Pacific: Construction Aggregate Market by Application, by Country, 2020–2027

Table 15 Rest of the World: Construction Aggregate Market by Application, by Country, 2020–2027

Table 16 Global Construction Aggregate Market, by Region, 2020–2027

Table 17 Global Construction Aggregate Market, by Material, 2020–2027

Table 18 Global Construction Aggregate Market, by Application, 2020–2027

Table 19 North America: Construction Aggregate Market, by Country

Table 20 North America: Construction Aggregate Market, by Material

Table 21 North America: Construction Aggregate Market, by Application

Table 22 Europe: Construction Aggregate Market, by Country

Table 23 Europe: Construction Aggregate Market, by Material

Table 24 Europe: Construction Aggregate Market, by Application

Table 25 Asia-Pacific: Construction Aggregate Market, by Country

Table 26 Asia-Pacific: Construction Aggregate Market, by Material

Table 27 Asia-Pacific: Construction Aggregate Market, by Application

Table 28 Rest of the World: Construction Aggregate Market, by Region

Table 29 Rest of the World: Construction Aggregate Market, by Region

Table 30 Rest of the World: Construction Aggregate Market, by Material

Table 31 Rest of the World: Construction Aggregate Market, by Application

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, 2020 (%)

Figure 9 Global Construction Aggregate Market, by Material, 2020–2027 (USD MILLION)

Figure 10 Global Construction Aggregate Market Share, by Application, 2020 (%)

Figure 11 Global Construction Aggregate Market, by Application, 2020–2027 (USD MILLION)

Figure 12 Global Construction Aggregate Market Share (%), by Region, 2020

Figure 13 Global Construction Aggregate Market, by Region, 2020–2027 (USD MILLION)

Figure 14 North America: Construction Aggregate Market Share (%), 2020

Figure 15 North America: Construction Aggregate Market by Country, 2020–2027 (USD MILLION)

Figure 16 Europe: Construction Aggregate Market Share (%), 2020

Figure 17 Europe: Construction Aggregate Market, by Country, 2020–2027 (USD MILLION)

Figure 18 Asia-Pacific: Construction Aggregate Market Share (%), 2020

Figure 19 Asia-Pacific: Construction Aggregate Market, by Country, 2020–2027 (USD MILLION)

Figure 20 Rest of the World: Construction Aggregate Market Share (%), 2020

Figure 21 Rest of the World: Construction Aggregate Market by Country, 2020–2027 (USD MILLION)

construction aggregate market

construction aggregate market is projected to be worth USD 664.9 Billion by 2030, registering a CAGR of 7.3% during the forecast period (2021 - 2030)

Segmentation

By Material Crushed Stones Gravel Sand M Sand Others
By Application Residential Commercial Industrial Infrastructure

Key Players

  • LSR Group (Russia)
  • ROGERS GROUP INC. (US)
  • HeidelbergCement AG (Germany)
  • Adelaide Brighton Ltd (Australia)
  • Martin Marietta Materials Inc. (US)
  • CRH plc (Ireland)
  • Cemex SAB de CV ADR (Mexico)
  • CEPSA (Spain)
  • Vulcan Materials Company (US)

Drivers

  • Rapid infrastructural development
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Market Overview


The construction aggregate market size is expected to expand on a global scale at a CAGR of 5.4%. During the historic forecast period that ended in 2020, the global market was valued at a final figure of USD 337.8 billion. For the ongoing forecast period of 2022-2030, the global market is expected to reach a final market value that accounts for USD 205 billion by the end of the period in 2030.


There is rapid infrastructural development that is being coupled with the business capital investments in emerging economies. The economies that are home to countries like China and India have propelled the demand for construction aggregates. The increasing government funding and investments in the road and railway projects are expected to support the sales prospects of construction aggregates, globally, during the forecast period that ends in 2030. Additionally, ongoing projects such as the expansion of new airports and the remodeling of old airports will continue to fuel the demand for construction aggregates. Furthermore, there has been a growth in the number of special economic zones (SEZs) are also boosting the global construction aggregates market.


COVID 19 Analysis


The construction aggregates market has been deeply impacted and has witnessed a negative impact on the product demand in recent months owing to the lockdowns imposed in the majority of the countries due to the outbreak of the novel COVID-19 in December 2019. Several market countries, including the prominent ones like Italy, the U.S., and India, have witnessed curfew-like situations where businesses except for the essential services with minimal workforce were not allowed to carry their operations. Besides, the impact of the COVID-19 outbreak further, has slowed down the growth of the construction industry in recent months, which is causing delays, which can be attributed to several disrupted demand and supply chains. Most of the construction projects were temporarily shut down in recent months for the prevention of the spread of COVID-19. The factors that are mentioned above have significantly impacted the demand for construction aggregates in the last few months. The construction aggregate market producers and manufacturers and the overall construction industry are expected to face several challenges as most of the construction projects are likely to be left incomplete or be delayed because of the supply chain disruptions, cash flow constraints, unavailability of the workforce, and production shutdown.


Competitive Landscape


The most prominent major key players in the construction aggregate market all across the globe are mentioned below:



  • LSR Group (Russia)

  • ROGERS GROUP INC. (US)

  • HeidelbergCement AG (Germany)

  • Adelaide Brighton Ltd (Australia)

  • Martin Marietta Materials Inc. (US)

  • CRH plc (Ireland)

  • Cemex SAB de CV ADR (Mexico)

  • CEPSA (Spain)

  • Vulcan Materials Company (US)


Market Dynamics


Drivers


There has been a significant demand for infrastructure in hospitals and other medical centers like laboratories, shipping, logistics, healthcare centers, clinics, and others owing to the outbreak of the pandemic. Some of the market countries are moderately functioning in the post-pandemic period and hence, this is likely to create a demand for the global market products and equipment. The global construction aggregate market has been witnessing a global surge due to the growth of the construction industry over the past few years, during the historic forecast period that had ended in 2020. There is a rapid infrastructural development that is being coupled with business capital investments in emerging economies, like China and India, which have propelled the demand for the construction aggregates.


Restraints


The sudden arrival of the pandemic has had a huge impact on the infrastructure and construction sector which is one of the major demandants of the global construction aggregate market. There is a wide range of restraints and challenges that are present in the way of the development of the construction aggregate industry. There is a huge degree of uncertainty regarding the recovery period after the outbreak of the pandemic which is hampering the confidence of the investors to fund and invest the functioning in the global market functioning. The construction companies are also facing losses due to the unavailability of investment that is hampering their ability to meet the rising audience needs.  


Technology Analysis


There has been a recognized degree of use of the technological developments and advancements owing to their huge employment in infrastructure projects and mega construction systems. The growing degree of employment is adding to the qualitative degree of the market and helping the market for a wide expansion as predicted for the forecast period that will be ending in 2030. Down payments to include a new range of machinery, company fundamentals, and other assets is one of the major factors that will help the market grow during the ongoing forecast period. Also, the ongoing economic reopening of the market has a significant role to play in reviving the demand for a better future during the forecast period.


Market Segmentation


The construction aggregate market has been segmented because of the rising needs of the global target audience that is mentioned as follows:


Based on the market materials


The global construction aggregate market is segmented into crushed stone, gravel, sand, M-sand, and others.


Based on the application


The global construction aggregate market has been segmented into applications and includes some like residential, commercial, industrial, and infrastructure.


Based on the material


The construction aggregate market has been segmented and it includes stones, crumbs, and crushed stones.


Based on the Region


The market has been divided worldwide based on the region into the North American region, Asia-Pacific region, European region, Latin American region, and the Middle East and African region.


Regional Analysis


The global construction aggregate market has been segmented region-wise and is functioning in mushrooming regions that include North America, Europe, Asia-Pacific, and the rest of the world (RoW). The Asian Pacific region had accounted for the largest market share of around 50% and is further, expected to witness the fastest growth rate during the forecast period that will be ending in 2030. This can also be attributed to the booming construction industry in the market end-users like the residential, commercial, industrial, and infrastructure sectors. This is expected to contribute to the demand for the construction aggregate market in the region during the period.


The North American region is projected to be accounted for the second-largest market, which is anticipated to exhibit a sustainable growth rate during the forecast period of 2022-2030. The repair and renovation activities in the real estate industry and the industrial and commercial sector is projected to augment the demand for construction aggregates in the region.


These major key players use various strategies to sustain their market position in the construction aggregate market by taking up many steps for the expansion of the construction aggregate market all across the globe.


Recent Developments



  • The Special economic zones (SEZs), as a part of the market, are likely to have been established to promote industrialization and economic growth through sustainable development. As per the information that has been circulated by the Ministry of Commerce, SEZs can enjoy tax breaks, simplified procedures, flexible regulations and restrictions, avail exemption from customs and duties to promote the export of goods, foreign investment, followed by others like employment opportunities, and develop infrastructure facilities more effectively. Due to the implementation of such government policies, the number of SEZs is growing significantly, which in turn propels the growth of the global market.

  • The infrastructure segment of the construction aggregate segment held the largest market share, which is also anticipated to witness the highest growth rate in the global market for the period that will be ending in 2030. The construction industry in emerging economies like China and India has witnessed an investment inflow owing to the numerous government initiatives to develop better infrastructure like heavy civil works, such as rail, road, dams, and irrigation canals. For instance, in countries like India, the government has taken initiatives to establish Special Economic Zones (SEZs), which help to promote industrialization and economic growth. The Ministry of Commerce, India, has further, reduced the number of regulations and decreased the taxes to increase FDI and develop the infrastructure in the country.

  • The crushed stone accounted for the larger market share of around 37% in the overall construction aggregate market. The current trends are also expected to witness the highest growth rate during the forecast period ending in 2030.


Report Overview


This global construction aggregate market research report consists of the following components mentioned below:



  • Market Overview

  • COVID 19 Analysis

  • Market Dynamics

  • Technical Analysis

  • Market Segmentation

  • Regional Analysis

  • Competitive Landscape

  • Recent Developments


The construction aggregate market research report discusses the market factors that either positively impacts the market growth or might give rise to challenges that might hamper the market as per the predictions for the period that ends in 2030. The report studies the impact of the pandemic outbreak and hence, the performance of the market segments that enhance the revenue quantum for the market.



Report Scope:
Report Attribute/Metric Details
  Market Size

  • 2027: 337.8 USD Billion
  • 2030 : Significant value
  •   CAGR   5.4% CAGR (2022-2030)
      Base Year   2021
      Forecast Period   Β 2022Β toΒ 2030
      Historical Data   2019Β &Β 2020
      Forecast Units   Value (USD Billion)
      Report Coverage    Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered   Application, Vehicle Type, OEM Makers
      Geographies Covered    North America, Europe, Asia-Pacific, and Rest of the World (RoW)
      Key Vendors   LSR Group (Russia), Heidelberg Cement AG (Germany), Martin Marietta Materials Inc. (US), Cemex SAB de CV ADR (Mexico), Vulcan Materials Company (US), CEPSA (Spain), CRH plc (Ireland), Adelaide Brighton Ltd (Australia), ROGERS GROUP INC. (US), and Eurocement Group
      Key Market Opportunities

  • Rapid infrastructural development
  • Business capital investments in emerging economies
  •   Key Market Drivers   The growing number of Special Economic Zones (SEZs)


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    Frequently Asked Questions (FAQ) :

    Construction Aggregate Market was valued at USD 337.8 billion.

    The projected CAGR of the construction aggregate market would be 5.4% during the forecast period of 2022-2030

    The largest market share in the construction aggregate market all across the globe is held by the APAC region.

    The crushed stone segment would lead the construction aggregate market.

    The infrastructure segment would take the construction aggregate market forward.