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Construction Aggregates Market Trends

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

Construction Aggregates Market Trends

The construction industry is focusing more on being environmentally friendly. This is changing how aggregates (materials like sand and gravel used in construction) are used. More builders are choosing recycled aggregates from old buildings instead of new materials. This helps protect the environment and save resources. Laws are also encouraging the use of recycled materials and local sourcing to reduce pollution from transportation. At the same time, there is a growing need for high-quality aggregates to make stronger buildings. These special materials are important for making tough concrete used in big projects like bridges and tall buildings. As both eco-friendly buildings and advanced construction become more common, the market for sustainable and high-performance aggregates is expected to grow.

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.

Construction Aggregates Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 12
  • Tables & Figures: 413
  • Countries covered: 18
  • Pages: 230
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