Construction Aggregate Market Global Research Report - Forecast 2032

Construction Aggregate Market Research Report Information By Material (Crushed Stones, Gravel, Sand, M-Sand, and Others), By Application (Residential, Commerical, Industrial, and Infrastructure), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2032

ID: MRFR/CO/1016-HCR | 100 Pages | Author: Sakshi Gupta | March 2024         

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Global Construction Aggregate Market Overview


Construction Aggregate Market Size was valued at USD 360.5 Billion in 2022. The Construction Aggregate market industry is projected to grow from USD 386.81 Billion in 2023 to USD 679.67 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 7.30% during the forecast period (2023 - 2032). The key market drivers attracting growth are a rise in the number of homes and businesses, a growing urban and industrial economy, and several projects, including roads, railroads, and airports.


Construction Aggregate Market


Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review


Construction Aggregate Market Trends




  • The growing construction activities to aid the market growth




Construction of new and renovated roads, railroads, airport facilities, homes, flood-protection structures, water and sewage systems, transportation, vital real estate, and affordable housing all employ aggregates. Demand for aggregates is significantly influenced by rising infrastructure expenditure, particularly in residential and commercial projects. In the upcoming years, the Asia-Pacific area will grow in importance as a market for building aggregates. By 2025, India will surpass China as the third-largest market for construction aggregates worldwide. Home will rebound substantially in 2021, supported by ongoing home demand and encouraging governmental initiatives, with a high market CAGR over the next ten years.


Additionally, there will likely be a significant expansion in the residential sector. Under the highly ambitious Pradhan Mantri Awas Yojana (PMAY) scheme, the central government seeks to construct 20 million housing units in metropolitan areas nationwide by 2022. The demand for office and retail space in the nation will rise due to the anticipated increase in the number of homes in metropolitan regions. The country is getting a lot of new railways, roads, dams, and bridges, so the market for soil stabilizers should be robust. There are now 189 new route projects in Indian Railways. In addition, i23 new expressways and roads will be constructed in the following five years (2025), according to the National Highway Authority of India (NHAI). Thus, driving the Construction Aggregate market revenue.


Construction Aggregate Market Segment Insights


Construction Aggregate Material Insights


The Construction Aggregate market segmentation, based on Material, includes Crushed Stones, Gravel, Sand, M-Sand, and Others. The crushed stone segment dominated the market. Crushed stone is essential to many construction projects since it offers the necessary base materials for various uses. As a result, this market segment accounts for a sizable portion of market revenue. It can be used for various things, including roadbeds, filtration, drainage, and highways.


Construction Aggregate Application Insights


The Construction Aggregate market segmentation, based on Application, includes Residential, Commerical, Industrial, and Infrastructure. The residential category generated the most income. Due to rising urbanization and industrialization, which will result in growth in the building sector and a rise in the number of housing units, the residential segment currently accounts for a sizable portion of the market. Additional factors anticipated to boost the expansion of the construction aggregates market considerably include innovations in the building sector, rising tourism activity, and rapid growth in the residential sector.


Figure 1:  Construction Aggregate Market, by Application, 2022 & 2032 (USD Billion)


Construction Aggregate Market, by Application


Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review


Construction Aggregate Regional Insights


By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. North America reportedly holds a 45% market share. Due to government investments in the development of infrastructure and roads, the construction aggregation industry in the US is predicted to grow steadily going forward. Sales of construction aggregates are expected to increase due to government measures combined with a high rate of connective technology adoption in the construction industry.


Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.


Figure 2:  CONSTRUCTION AGGREGATE MARKET SHARE BY REGION 2022 (USD Billion)


CONSTRUCTION AGGREGATE MARKET SHARE BY REGION 2022


Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review


With a share of the building aggregates share of over 25%, the Europe Construction Aggregate market is the second-largest. Similar considerations to those in North America fuel market expansion in Europe, as is the expansion of the region's industrial sector. Further, the German Construction Aggregate market held the key market share, and the UK Construction Aggregate market was the fastest-growing market in this region.


The third-largest market is in the Asia Pacific Construction Aggregate market region, which accounts for around 35% of the market. The rapid infrastructural development in the region and the expansion of the industrial and construction sectors are driving the market's growth in the Asia Pacific region. Moreover, China’s Construction Aggregate market held the key market share, and the Indian Construction Aggregate market was the fastest-growing market in the Asian region.


Construction Aggregate Key Market Players & Competitive Insights


Leading market players are spreading their operations to new areas. For instance, Martin Marietta Materials has branched out into China and India. Market participants are undertaking market developments, including product launches, agreements, mergers & acquisitions, investments, and collaboration with other companies. The Construction Aggregate industry is extremely competitive, with big and small competitors vying for market share.


To increase their consumer base and product portfolio, businesses are buying up smaller businesses in the Construction Aggregate industry. Businesses in the Construction Aggregate industry invest in research and development to provide new and inventive building aggregates. Companies are putting their efforts into creating value-added goods, like recycled aggregates and aggregates with unique characteristics. Major players in the Construction Aggregate market include Adelaide Brighton Ltd., CEMEX S.A.B. de C.V., CRH, Heidelberg Cement AG, Holcim Ltd., Martin Marietta Materials Inc., Rogers Group Inc., SIKA group, Vicat SA, Vulcan Materials Company among others.


Adelaide Brighton Limited (AdBri) is an industrial producer of lime and building products with its corporate headquarters in Adelaide, South Australia. The business manufactures and sells various goods, such as premixed concrete, concrete products, construction aggregates, clinker, and cement. Sand, gravel, broken-down stone, and recycled aggregates are all available from AdBri as construction aggregates. Road building, construction, and engineering projects are just a few of the uses for these materials. Quarries, riverbeds, reclaimed materials, and other sources make various AdBri construction aggregate products. With a network of quarries and processing facilities spread out over Australia, the company can offer its clients a steady stream of high-quality building aggregates.


Heidelberg Cement AG is an international building materials business located in Heidelberg, Germany. It is the largest producer of aggregates and the second-largest cement manufacturer in the world. Sand, gravel, crushed stone, and recycled aggregates are among the construction aggregates offered by Heidelberg Cement. Road building, building construction, and construction projects are just a few of the uses for these materials. The building aggregates that Heidelberg Cement produces come from various resources, such as quarries, rivers, and recycled materials. Due to the company’s network of quarries and processing facilities, it can consistently supply its clients with high-quality construction aggregates.


Key Companies in the Construction Aggregate market include



Construction Aggregate Industry Developments


January 2018: the London-based construction transport firm S Walsh & Sons was purchased by GRS Roadstone, a provider of bulk and bagged aggregates. The two businesses manage about 20 million tons of building aggregate and various other commodities each year at 50 new facilities.


June 2021: HeidelbergCement AG made plans to develop a carbon-neutral facility in Sweden. The company will be able to cut carbon emissions by 1.8 million tons of carbon dioxide annually thanks to the new facility, which is anticipated to be the first carbon-neutral cement plant in the entire globe.


June 2023: Vulcan Materials Company was recognized by United States News and World Report as among the top 200 Best Companies to Work. The business was also listed in American corporations' 2023 Fortune 500 index. The quality of salary and benefits, work/life balance and flexibility, job and business stability, physical and psychological comfort, a sense of belonging and self-worth, career prospects, and professional development are all factors considered by U.S. News in its analysis.


Construction Aggregate Market Segmentation


Construction Aggregate Material Outlook



  • Crushed Stones

  • Gravel

  • Sand

  • M-Sand

  • Others


Construction Aggregate Application Outlook



  • Residential

  • Commercial

  • Industrial

  • Infrastructure


Construction Aggregate Regional Outlook



  • North America

    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Australia

    • Rest of Asia-Pacific



  • Rest of the World

    • Middle East

    • Africa

    • Latin America



Report Scope:

Report Attribute/Metric Details
Market Size 2022 USD 360.5 Billion
Market Size 2023 USD 386.81 Billion
Market Size 2032 USD 679.67 Billion
Compound Annual Growth Rate (CAGR) 7.30% (2023-2032)
Base Year 2022
Market Forecast Period 2023-2032
Historical Data 2018- 2022
Market Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered Material, Application, and Region
Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
Countries Covered The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Key Companies Profiled Adelaide Brighton Ltd., CEMEX S.A.B. de C.V., CRH, Heidelberg Cement AG, Holcim Ltd., Martin Marietta Materials Inc., Rogers Group Inc., SIKA group, Vicat SA, Vulcan Materials Company among others
Key Market Opportunities Increasing company initiatives
Key Market Dynamics Technological advancements Growing construction industry




Frequently Asked Questions (FAQ) :

The Construction Aggregate market size was valued at USD 360.5 Billion in 2022.

The Construction Aggregate market is probable to grow at a CAGR of 7.30% during the forecast period, 2023-2032.

North America had the key share of the Construction Aggregate market

The key players in the Construction Aggregate market are Adelaide Brighton Ltd., CEMEX S.A.B. de C.V., CRH, Heidelberg Cement AG, Holcim Ltd., Martin Marietta Materials Inc., Rogers Group Inc., SIKA Group, Vicat SA, Vulcan Materials Company among others.

The crushed stones category dominated the Construction Aggregate market in 2022.

Residential had the main share in the Construction Aggregate market.

Key Questions Answered

  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players’ financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
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