Global Market Study on Construction Aggregates: Crushed Stone & Sand to be Neck and Neck in Terms of Revenue Share During 2017 - 2025


Global Construction Aggregates  Market
  • Published On : Mar-2018 |
  • Pages : 235 Pages |
  • Format :

Global Construction Aggregates Market: Overview

This report analyzes and forecasts the market for construction aggregates market at the global and regional level. The market has been forecast based on volume (in Kilo tons) and revenue (US$ Mn) from 2017 to 2025, considering 2016 as the base year. The study includes drivers and restraints of the global construction aggregates market. It also covers impact of these drivers and restraints on demand for the construction aggregates market during the forecast period. The report also highlights opportunities in the construction aggregates market at the global and regional level.

The report includes detailed value chain analysis, which provides a comprehensive view of the global construction aggregates market. Porter’s Five Forces model for the construction aggregates market has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, where in products and application are benchmarked based on their market size, growth rate, and general attractiveness.

Global Construction Aggregates Market: Key Research Methodologies

This report on the global construction aggregates market is a comprehensive study that has been developed by professional research analysts and aspires to serve as a reliable business tool for its targeted audiences. A systematic research approach has been undertaken, which has has several key pointers, such as:

  • Marketing Profiling: In-depth secondary research is used to determine overall market size, top industry players, top products, top application, industry connotations, identify distributors, and manufacturers, etc.
  • Formulating discussion guide: PMR formulates a detailed discussion guide in order to conduct interviews with industry expert.
  • Developing list of respondents: List of industry players including manufacturers, distributors, retailers, and industry specialists.
  • Data Collection and validation: PMR conducted interviews with industry experts, industry players, distributors, and retailers for data collection and verification. Data is validated by triangulation method, in which secondary, primary, and PMR analysis contributed to the final data.
  • Data Analysis: The data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry. PMR delivers industry insights and information in the required format (PDF).

The primary research included major drivers, restraints, and opportunities in the construction aggregates, key challenges faced by manufacturers and suppliers, segmentation on the basis of region, application, and product type, regional volume-wise split, average price of construction aggregates by region, market scenario in developed and developing economies, present and future market value potential, anticipated growth projections, market concentrations, and major trends. The secondary research included market trends and forecast, volume and historical trends, growth prospects across key geographies, and growth projections. To compile this report on the global construction aggregates market, key sources have been industry experts, construction aggregates manufacturers, and traders and suppliers. Key sources referred have been industry association publications, company annual reports, publications, and presentations of construction aggregates manufacturers across the globe, World Bank, IMF, EPA, and government websites.

Global Construction Aggregates Market: Segmentation

Based on product type, the construction aggregates market has been segmented into crushed stone, gravels, sand including manufactured sand and natural sand and others such as slag aggregates, geosynthetic aggregates, and construction waste. Application-wise, the construction aggregates market has been bifurcated into residential, commercial, industrial, and infrastructure. Geographically, the report evaluates the potential of demand that can be expected out of the regions of North and Central America, South America, Northern Europe, Southern Europe, CIS Countries, Middle East, Rest of Asia Pacific, and Africa as well as in the countries of India, China, Australia, and New Zealand.

Global Market Study on Construction Aggregates: Demand to Expand at CAGR 6.1% during 2017 to 2025

The radical manner in which concrete infrastructure is being developed across several emerging economies, the building and construction industry is flourishing. One of the basic requirement of the construction industry is aggregates, which essentially are crushed stone, sand, and gravel. These substances are abundantly available in the Earth’s crust and are ideal to provide resistance to wear and tear to the concrete structure. According to this business publication, the demand in the global construction aggregates market will expand at a notable CAGR of 6.1% during the forecast period of 2017 to 2025. Revenue-wise, the analysts of the report have estimated that there will be opportunities worth US$592.7 bn in the global construction aggregates market by the end of 2025, substantially more than the market’s evaluated valuation of US$370.4 bn in 2017.

Rapid Infrastructure Development Driving Demand

Increasing infrastructure investments in Asia Pacific, Europe, and North America and the introduction of innovative technologies are some of the key factors that will ensure a prosperous future for the global construction aggregates market. On the other hand, forever escalating cost of transportation and stringent zoning regulations for mining are a few restraints challenging the market from prospering. Nevertheless, the analysts of the report have highlighted a few trends which may redefine the demand in the near future, such as increasing use of recycled aggregates, growing use of manufactured sand, and mergers and acquisition for geographical expansion.

Sand Most Profitable Product Type

Based on product type, the construction aggregates market has been segmented into crushed stone, gravels, sand including manufactured sand and natural sand and others such as slag aggregates, geosynthetic aggregates, and construction waste. In 2017, the segment of sand provided for the most prominent chunk of demand, followed by crushed stone. While the former is expected to sustain its position as the segment that constitutes for the maximum revenue as of 2025, the demand for the latter is projected to expand at an above-average CAGR during the forecast period of 2017 to 2025. By the end of 2025, the sub-segments of sand are estimated to provide for opportunities worth US$254.0 mn. The prosperity of this segment can be attributed to the depletion of natural sources, which has given thrust to the production of manufactured sand.

Application-wise, the construction aggregates market has been bifurcated into residential, commercial, industrial, and infrastructure. As of 2017, development of infrastructure provided for a demand that was worth 162.5 bn, considerably more than other profitable segments of industrial and residential. Even by the end of 2025, the infrastructure segment is poised to remain most lucrative, with the demand projected to expand at a CAGR of 6.9% during the forecast period of 2017 to 2025.

worldwide-construction-aggregates-market.jpg

Asia Pacific most Lucrative Regional Market

Among the regions and countries studied under this report, the global construction aggregates market is poised to gain maximum demand from Asia Pacific, dominated by the emerging economies of India and China. China is estimated to remain dominant throughout the forecast period owing to rapid growth in construction sector. In terms of value, China is estimated to hold 26.8% of the total demand by the end of 2025. Over in India, ongoing infrastructure development projects coupled with strong emphasis of the government to improve service life of various public utilities are expected to be the key factors driving the demand.

Company Profiles

  • HeidelbergCement AG.
  • Martin Marietta Materials Inc.
  • LSR Group
  • LafargeHolcim Ltd.
  • CEMEX S.A.B. de C.V. 
  • Vulcan Materials Company
  • CRH Plc
  • EUROCEMENT Group.
  • ADELAIDE BRIGHTON LTD
  • Others
Back To Top