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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.
Aggregate refers to a building construction material with a coarse and grainy texture. Some of the commonly used aggregates include sand, crushed stone, gravel, broken blast-furnace slag, boiler ash, burned shale and clay. These aggregates are mixed with cement, bitumen, lime and gypsum to be used for construction applications. They provide enhanced abrasive power, porosity, volume, stability, resistance to wear and erosion to the building. In comparison to other construction materials, aggregates are more durable, chemical-resistant and can withstand high temperatures. As a result, they find extensive applications in the construction of industrial, commercial and residential complexes.
Significant growth in the construction industry across the globe represents one of the key factors creating a positive outlook for the market growth. Furthermore, the increasing construction of high-rise buildings, especially in the developing economies, is also driving the market growth. Aggregates are also widely used for renovating, reinforcing and reshaping existing buildings. In line with this, the increasing construction of roads, highways, rail links and water and sewage facilities is also favoring the growth of the market. Additionally, various technological advancements in the aggregate manufacturing technologies are acting as other major growth-inducing factors. Product manufacturers are also developing sustainable and environment-friendly variants with recycled aggregates for minimal impact, which is also contributing to the market growth. Other factors, including extensive infrastructural developments, along with the implementation of favorable government policies, are anticipated to drive the market further.
IMARC Group provides an analysis of the key trends in each sub-segment of the global aggregates market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type and application.
Breakup by Type:
Breakup by Application:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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. and Vulcan Materials Company.
|Base Year of the Analysis||2022|
|Segment Coverage||Type, Application, Region|
|Region Covered||Asia-Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||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. and Vulcan Materials Company|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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