Aggregates Market Size US$ 667.9 Billion, Share By Companies And Forecast 2023-2028 | Concrete, Crushed Stone, Sand
According to IMARC Group’s latest report, titled “Aggregates Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, the global aggregates market size reached US$ 530.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 667.9 Billion by 2028, exhibiting a growth rate (CAGR) of 3.7% during 2023-2028.
Aggregates are granular materials, such as sand, gravel, crushed stone, and recycled concrete, that are commonly used in construction projects. They are typically sourced from natural deposits, such as riverbeds and quarries, and are used to provide bulk, strength, and durability to concrete, asphalt, and other building materials. Aggregates are also used as a base material for roads, railways, and other infrastructure projects. They come in various sizes and shapes, with different properties that make them suitable for specific applications. Aggregates play a vital role in the construction industry and are essential for the development of modern infrastructure.
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Aggregates Market Trends:
The steadily expanding construction industry, particularly in emerging economies, represents one of the key factors driving the market growth across the globe. In line with this, the development of infrastructure projects, such as roads, bridges, and airports, is contributing to the growth of the market. This is primarily attributed to the rising use of aggregates as a base material for these projects. In addition to this, the increasing use of recycled aggregates, which are produced from recycled concrete, asphalt, and other construction waste, is driving the demand for aggregates as a sustainable building material. Apart from this, technological advancements in the production of aggregates, such as improved crushing and screening techniques, are creating a positive outlook for the market.
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Note: In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.
Competitive Landscape with Key Players:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
- ADBRI Limited
- Cement Industries of Malaysia Berhad (United Engineers Malaysia Berhad)
- Cemex S.A.B. de C.V.
- China Resources Cement Holdings Limited
- CRH Plc
- Eurocement Group
- HeidelbergCement AG
- LafargeHolcim Ltd
- LSR Group
- Martin Marietta Inc.
- Rogers Group Inc.
- Vulcan Materials Company.
Key Market Segmentation:
The report has categorized the market based on type, application and region.
Breakup by Type:
- Crushed Stone
- Sand
- Gravel
- Others
Breakup by Application:
- Concrete
- Road Base and Coverings
- Others
Regional Insights:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)
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Key Highlights of The Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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