The India construction aggregates market size reached USD 40.43 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 70.40 Billion by 2033, exhibiting a growth rate (CAGR) of 5.70% during 2025-2033. The market is witnessing significant growth, driven by an increased infrastructure development and urbanization, along with the widespread adoption of advanced technologies in aggregate production.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 40.43 Billion |
Market Forecast in 2033 | USD 70.40 Billion |
Market Growth Rate (2025-2033) | 5.70% |
Increased Infrastructure Development and Urbanization
This rapid growth of the Indian construction aggregates market can be associated to the rapidly accelerated infrastructural development and urbanization in the country. Initiatives from the Indian government such as the Pradhan Mantri Awas Yojana (PMAY), Bharatmala Pariyojana, and Smart Cities Mission significantly contributed to the demand for the construction aggregates. Projects undertaken under these schemes focus on the setting up of residential units, highways, and urban infrastructure, thus generating the demand for the consumption of aggregates for construction purposes. While metropolitan areas expand, the demand for aggregates in cities for residential, commercial, and industrial construction will also increase. The middle-class population is increasing, which means an increasing demand for housing, transport networks, and public amenities. With these developments, the market trend is likely to continue as India moves towards its vision of becoming a $5 trillion economy by 2025. Sustainable urbanization catches up in the aggregates market with a growing demand for green materials, such as recycled aggregates. For instance, in January 2025, Master Builders Solutions announced expansion into India, aiming to provide sustainable, high-performance construction materials, supporting infrastructure growth, and sustainable building initiatives with its advanced concrete admixture solutions. This shift not only addresses resource conservation but also aligns with global sustainability goals. As urbanization and infrastructure development intensify, the Indian construction aggregates market is poised for steady growth, fostering long-term demand for aggregates across various sectors.
Adoption of Technological Advancements in Aggregate Production
The Indian construction aggregates market is undergoing a transformation with the adoption of advanced technologies aimed at enhancing production efficiency, improving product quality, and ensuring sustainability. Innovations such as automation in aggregate production, digital monitoring systems, and the introduction of artificial intelligence (AI) and machine learning (ML) to optimize quarry operations are increasingly becoming commonplace. These technologies are helping producers manage resources more efficiently, reduce costs, and improve the quality of aggregates used in construction projects. In addition to improving operational efficiencies, technological advancements are playing a key role in addressing environmental concerns. The industry is gradually shifting toward more sustainable practices by employing technologies that reduce energy consumption, minimize waste, and limit the environmental impact of aggregate extraction. The rise of alternative materials, such as crushed stone dust and recycled aggregates, has been facilitated by these technological improvements. For instance, in September 2024, Infra.Market became India's largest AAC block manufacturer, producing 3 million cubic meters annually across nine plants, promoting sustainable construction and reducing costs while supporting green building initiatives.
Additionally, the use of data analytics and real-time tracking systems ensures that the supply chain remains flexible and responsive to the dynamic demand for construction aggregates. As these technological advancements continue to gain traction, the Indian construction aggregates market will benefit from more streamlined operations, enhanced product offerings, and a reduced ecological footprint, positioning the industry for long-term sustainability.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on type and application.
Type Insights:
The report has provided a detailed breakup and analysis of the market based on the type. This includes crushed stone, sand and gravels, recycled aggregates, and other.
Application Insights:
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes commercial, residential, industrial, and infrastructure.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Types Covered | Crushed Stone, Sand and Gravels, Recycled Aggregates, Other |
Applications Covered | Commercial, Residential, Industrial, Infrastructure |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
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) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: