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Construction Aggregates Market Share

Report ID: GMI6016
Published Date: Nov 2024
Report Format: PDF

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Construction Aggregates Market Share

The construction aggregates industry includes players such as Cemex, Vulcan, Heidelberg Materials, Holcim, CRH and others. These major players held about 5-10% of the market share. Manufacturers are increasingly focusing on sustainability by using recycled materials and promoting eco-friendly aggregate solutions to meet growing environmental regulations and consumer demand for greener building practices. Companies like Holcim and Heidelberg Materials are investing in carbon capture technology and reducing carbon emissions in their production processes to align with global sustainability targets in order to stay updated in the market.

Construction Aggregates Market Companies

Major players operating in the construction aggregates industry are:

Adbri
Aggregate Industries
CEMEX
CRH
Granite Construction
Greenstone Materials
Heidelberg Materials
Holcim
Martin Marietta Materials
Rogers Group
Summit Materials
Vulcan Materials

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global market for construction aggregates was reached USD 423 billion in 2023 and is predicted to grow at a CAGR of over 6.2% from 2024 to 2032, driven by urbanization and infrastructure development.

The natural aggregates segment was worth around USD 274 billion in 2023 and is estimated to grow at a CAGR of 6% during 2024 to 2032, due to their accessibility, cost-effectiveness, and essential role in traditional construction projects.

The crushed stone segment dominated around 46% share of the construction aggregates market in 2023 and is anticipated to grow at a CAGR of 6.6% from 2024 to 2032, because of its versatility, strength, and widespread use in construction projects.

The U.S. construction aggregates market size surpassed USD 75.7 billion in 2023 and is expected to reach USD 131.6 billion by 2032, propelled by the availability of abundant natural resources like sand, gravel, and crushed stone.

Major players in the construction aggregates industry include Adbri, Aggregate Industries, CEMEX, CRH, Granite Construction, Greenstone Materials, Heidelberg Materials, Holcim, Martin Marietta Materials, Rogers Group, Summit Materials, and Vulcan Materials.