Global Market Study on Construction Aggregates: Increasing Activities in Infrastructure and Renovation Sectors are Amongst Key Drivers Propelling Demand for Construction Aggregates by 2024


  • Published On : Aug-2016 |
  • Pages : 209 Pages |
  • Format :

This PMR report on global construction aggregates market covers exhaustive analysis of the target market on the basis of product types, application and region for the forecast period 2016–2024, in terms of market value (US$ Bn) and volume (Bn Metric Tons). Market dynamics, value chain analysis, competition landscape, pricing analysis and other qualitative analysis frameworks, including market attractiveness analysis, absolute $ opportunity analysis and Y-o-Y growth comparison by segments form an integral part of a report to support stakeholders for decision making and market analysis. The report also provides historical construction aggregates consumption data from 2011 to 2014 to enable readers for suitable trend analysis.

The report presents an analysis of production capacity, production, and consumption of construction aggregates by region for 2016, 2020 and 2024. Regional overview incorporates scenario of prominent infrastructure investments, construction industry growth, and advancements in real estate sector. The forecast for consumption of construction aggregates is developed on the basis of macroeconomic factors and industry growth driving factors. Examples of such factors are construction industry growth, GDP growth, urbanization trend, cement consumption growth, real estate sector growth, and historical growth of top five established companies.

Construction aggregates are a broad category of granular materials such as crushed stone, stone, and gravel that find application in construction activities. Aggregates are the world’s most mined materials. On the basis of product type,

 The global construction aggregates market is segmented into the following:

  • Crushed Stone
  • Sand
  • Gravel
  • Other Aggregates

Construction aggregates are primary starting material of any construction activity and their usage varies as per the style of construction, land terrain and application.

On the basis of application the global construction aggregates market is segmented into the following:

  • Commercial
  • Residential
  • Industrial
  • Infrastructure

Construction activities depend on upon the extent of investments by government, private and public sector companies into real estate and infrastructure sector. The scale of urban and rural development, urbanization trend, renovation activities and availability of raw materials greatly impact consumption of construction aggregates across the globe.

On the basis of region, the global construction aggregates market is segmented eleven regions as follows:

  • Northern Europe
  • Southern Europe
  • CIS Countries
  • North and Central America
  • South America
  • India
  • China
  • Australia and New Zealand
  • Rest of Asia Pacific
  • Middle East
  • Africa

Competition landscape section of the report highlights recent developments, strategy and SWOT analysis of key market players active in global construction aggregates market.

Examples of such players profiled in the report are as follows:

  • Heidelberg Cement AG
  • Martin Marietta Materials, Inc.
  • LSR Group
  • Lafarge Holcim
  • CEMEX S.A.B. de C.V.
  • Vulcan Materials Company
  • CRH
  • EUROCEMENT Group
  • ADELAIDE BRIGHTON LTD

Construction aggregates are primary starting materials for any type of construction. Based on availability of mines and sources, different construction styles have been developed across the globe. Globally, a variety of formats exists for residential, industrial, commercial, infrastructure and road construction. Increasing investments in new infrastructure and renovation activities is expected to drive substantial demand for construction aggregates across the globe. Construction aggregates are fundamental raw materials for construction and agricultural sectors. Natural aggregate is the most ubiquitous construction material and is used in building, transport infrastructure such as road, rail, and airport runways, power infrastructure such as dams, power plants. Construction aggregates are a broad category of coarse and granular materials consisting of crushed stone, sand, gravel, recycled aggregates, slag, clay, etc. Crushed stones are mined from bedrock deposits, sand and gravel extracted from unconsolidated sand deposits, recycled aggregates are recovered from previously used inorganic materials in construction.

Improving sanitation levels, urbanization, changing lifestyles and industrialization in most of the developing and developed economies provide firm support for moderate growth in consumption of construction aggregates across the globe. Some of the challenges faced in a construction aggregates market are transportation issues, environmental pollutions, gradual depletion of natural resources and restricted utilization of capacity owing to seasonal variations and technological limitations. Latest trends observed in the market include increasing the inclination of construction aggregates manufacturers towards a production of manufactured sand and recycled aggregates.

Crushed stone and sand are consumed in large volumes across the globe and represent high volume and moderate growth opportunities for manufacturers. In recent times, export-import of construction aggregates was noticed in key countries in close proximity. Qatar, Canada, Singapore and Kuwait were among prominent importers of construction aggregates in 2015, whilst China, Germany, Ukraine and Norway were some of the key exporters of construction aggregates in the same year. Demand for sand is anticipated to remain dominant during the forecast period, translating into an absolute incremental opportunity of approximately US$ 89 Bn over the forecast period.

Real estate investments, global cultural and sporting events, developing travel and tourism sectors have led to significant developments in infrastructure and commercial construction sector. Residential and infrastructure sectors are expected to register promising growth in consumption of construction aggregates and are expected to gain market share during the forecast period.

From regional or country level perspective, China dominated the global construction aggregates consumption in 2015, with a share of 26.7% and is expected to remain a prominent consumer of the same over the forecast period. India and China markets are expected to exhibit above-average growth over the forecast period, translating into a collective incremental opportunity of US$ 94 Bn. A market in the Northern European region is anticipated to grow at the sluggish growth rate of 3.7% by value over the forecast period, representing maturing market conditions and slow economic recovery. Apart from India and China, markets in all other countries are collectively projected to expand at a CAGR of 6.2% by value over the forecast period. Collective market value share of these countries is expected to witness a marginal increase of 1% by 2024 indicating stagnant market conditions. The global construction aggregates market value Y-o-Y growth is estimated to be 6.3% in 2016, which is expected to decline to 5.8% in 2017. In terms of volume, the global construction aggregates consumption is projected to reach 62.9 Bn metric tonnes by 2024 from 43.3 billion metric tonnes in 2016.

construction-aggregates-consumption-market

 

Some of the major players identified in the global construction aggregates market are Heidelberg Cement AG, Lafarge, Holcim, LSR Group, CEMEX S.A.B. de C.V., Vulcan Materials Company, CRH, Martin Marietta Materials, Inc., EUROCEMENT Group, and ADELAIDE BRIGHTON LTD.

Company Profiles

  • Heidelberg Cement AG
  • Martin Marietta Materials, Inc.
  • LSR Group
  • Lafarge Holcim
  • CEMEX S.A.B. de C.V.
  • Vulcan Materials Company
  • CRH
  • EUROCEMENT Group
  • ADELAIDE BRIGHTON LTD
  • Other
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