Construction Aggregates Market: Global Industry Analysis, Growth, Key Trends, Regional Assessment and Forecast 2019 - 2029
Construction Aggregates Market: Overview
The construction aggregates market is largely influenced by humungous infrastructural projects in various parts of the country. Construction aggregates are incorporated as base materials mainly in building public infrastructure such as highways, parking lots, airports, runways, etc. This material is also used for controlling soil erosion, water purification, and filtration. Thus, the use of construction aggregates in a variety of applications such as residential, industrial, commercial, and infrastructure will prove to be a beneficial factor for the growth of the construction aggregates market across the forecast period of 2019-2029.
This construction aggregates market report hits the perfect beat in analyzing various factors influencing the growth rate. Some significant parameters such as key trends, competitive landscape, and the regional outlook of the construction aggregates market have been thoroughly studied and covered in this report. Furthermore, this report also sees the construction aggregates market through the lens of the COVID-19 outbreak, thus giving a complete idea of the market scenario. Market stakeholders can pacify the loss incurred due to the COVID-19 outbreak by developing a business strategy with the help of this deeply scrutinized report on the construction aggregates market.
Construction Aggregates Market: Competitive Evaluation
The highly fragmented landscape of the construction aggregates market has various players across international and local levels. Joint ventures, mergers, acquisitions, and collaborations help in cementing the position of the players. Key players in the construction aggregates market are CEMEX S.A.B. de C.V., CRH, Adelaide Brighton Ltd., LSR Group, Heidelberg Cement AG, Vulcan Materials Company, and Martin Marietta Materials Inc.
Construction Aggregates Market: COVID-19 Impact
The novel coronavirus pandemic has shattered the growth prospects of almost all businesses across the world. The construction aggregates market is also not left behind in this context. Construction projects across the world by government and private players were temporarily stalled due to the stay-at-home orders imposed by various countries to contain the transmission rate. Eventually, a staggered opening of the economy in phases is being carried out by various countries. Many construction activities have resumed and the construction aggregates market will eventually gain steady growth in the coming time period.
Construction Aggregates Market: Key Trends
Strategic investments by various countries in public transport projects are bringing substantial growth prospects for the construction aggregates market. For instance, India’s Transport Minister Mr. Nitin Gadkari recently announced highway projects worth more than INR 1 lakh crore. Such developments may accelerate the growth rate of the construction aggregates market to a great extent. Technological advancements are also fueling growth for the construction aggregates market. The launch of novel devices to test the aggregate compositions and introduction of mobile plants for enhanced portability will further invite good growth opportunities for the construction aggregates market.
The use of recycled construction aggregates is proving to be a new growth influencer. The benefits incurred by using recycled construction aggregates such as conservation of natural resources and elimination of the need for disposal will assist in creating a positive impact.
Construction Aggregates Market: Geographical Landscape
The construction aggregates market’s geographical landscape comprises North America, the Middle East and Africa, Europe, Asia Pacific, and Latin America. Regions including major economies such as Europe, North America, and Europe are anticipated to bring humungous growth for the construction aggregates market due to the growing focus of the government on developing transport facilities and cementing the energy infrastructure.
The study presents a granular assessment and quantitative evaluation of:
The region-wise assessment includes market dynamics in:
The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.
The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:
Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.
Flat 10% discount on Single User License if you prebook this report
Flat 10% discount on Multiple User License if you prebook this report
Flat 10% discount on Corporate License if you prebook this report