Global construction aggregates market revenue to 2021
Persistence Market Research research “Global Market Study on Construction Aggregates: Supported by Infrastructure Investments to Reflect Over 5% CAGR by 2021 ”
According to analysis results, the global construction aggregates market is estimated to reach a value of US$ 329.3 Bn by 2015 end, which is expected to expand at a CAGR of 6.0% from 2015 to 2021, to reach a market value of US$ 468.2 Bn by 2021. In terms of volume, the global construction aggregates market is estimated to register a CAGR of 4.6% over the forecast period.
Construction aggregates are a broad category of granular materials such as crushed stone, stone, and gravel etc., which find application in construction. Aggregates are the world’s most mined materials. Aggregates offer resistance to wear and erosion, volume stability, and other physical properties suitable to constuction.
During the forecast period, the infrastructure segment is estimated to account for a 40.6% share of the total construction aggregates market in 2015 (by volume) and is anticipated to expand at a healthy CAGR of 5.4% during the forecast period. By product type, sand is projected to account for a 44.1% share of the total market in 2015 (by volume) and is expected to expand at a CAGR of 5.8% during the forecast period.
Among the regions, China is expected to dominate the construction aggregates market throughout the forecast period, expanding at CAGR of 5.9% in terms of volume.
New trends in construction aggregates such as manufactured sand, and recycled aggregates, along with rising investment in infrastructure globally are driving growth of the global construction aggregates market; whereas high transportation costs, stringent zoning regulations, seasonal factors, and rising energy costs are expected to act as restraints to growth of the global construction aggregates market.
The growth of the construction industry, increasing construction spending, especially in developing economies such as India and the Middle East, are some of the other major market drivers.
The report outlines global upcoming construction projects and major events impacting the construction aggregates market, along with a list of the top importers and exporters of construction aggregates globally. Capacity factor analysis for each region is also included, along with construction value added as a percent of GDP for key economies.
Currently, major players in the global construction aggregates market are focused towards mergers and acquisitions, and on expanding their production capacities. Key players in the global construction aggregates market included in the report are Heidelberg Cement AG, Martin Marietta Materials, Inc., LSR Group PJSC, LafargeHolcim Ltd., CEMEX S.A.B. de C.V., Vulcan Materials Company, CRH plc, and EUROCEMENT Holding AG. The reports also focus on key developments and strategies of these key market players.
[edit] The global construction aggregates market is segmented as follows:
By application:
By product type:
- Crushed Stone
- Sand
- Gravel
- Other Aggregates
Regional analysis:
- North and Central America
- South America
- Northern Europe
- Southern Europe
- CIS Countries
- India
- China
- Australia and New Zealand
- Middle East
- Africa
- Rest of Asia-pacific
[edit] Find out more
[edit] Related articles on Designing Buildings Wiki
Featured articles and news
RTPI leader to become new CIOB Chief Executive Officer
Dr Victoria Hills MRTPI, FICE to take over after Caroline Gumble’s departure.
Social and affordable housing, a long term plan for delivery
The “Delivering a Decade of Renewal for Social and Affordable Housing” strategy sets out future path.
A change to adoptive architecture
Effects of global weather warming on architectural detailing, material choice and human interaction.
The proposed publicly owned and backed subsidiary of Homes England, to facilitate new homes.
How big is the problem and what can we do to mitigate the effects?
Overheating guidance and tools for building designers
A number of cool guides to help with the heat.
The UK's Modern Industrial Strategy: A 10 year plan
Previous consultation criticism, current key elements and general support with some persisting reservations.
Building Safety Regulator reforms
New roles, new staff and a new fast track service pave the way for a single construction regulator.
Architectural Technologist CPDs and Communications
CIAT CPD… and how you can do it!
Cooling centres and cool spaces
Managing extreme heat in cities by directing the public to places for heat stress relief and water sources.
Winter gardens: A brief history and warm variations
Extending the season with glass in different forms and terms.
Restoring Great Yarmouth's Winter Gardens
Transforming one of the least sustainable constructions imaginable.
Construction Skills Mission Board launch sector drive
Newly formed government and industry collaboration set strategy for recruiting an additional 100,000 construction workers a year.
New Architects Code comes into effect in September 2025
ARB Architects Code of Conduct and Practice available with ongoing consultation regarding guidance.
Welsh Skills Body (Medr) launches ambitious plan
The new skills body brings together funding and regulation of tertiary education and research for the devolved nation.
Paul Gandy FCIOB announced as next CIOB President
Former Tilbury Douglas CEO takes helm.
UK Infrastructure: A 10 Year Strategy. In brief with reactions
With the National Infrastructure and Service Transformation Authority (NISTA).