Press release
Global Construction Aggregates Market will expand at a notable CAGR of 6.1% by 2025
The multinational group has presence in nearly 60 countries and has 3,000 plants, spread across Western and Northern Europe, North America, Eastern Europe, and Central Asia. Vulcan Materials Company, on the other hand, primarily operates in the U.S. and Mexico and has 344 sites for producing construction aggregates. Both these companies have been aggressive about mergers and acquisitions too. For instance, Vulcan Materials Company acquired of an asphalt plant in New Mexico worth US$33.2 mn in 2016. On the other hand, HeidelbergCement AG acquired 45% shares in Italcementi, an Italy-based cement and aggregate manufacturing group.
Read Report Overview @ https://www.persistencemarketresearch.com/market-research/global-construction-aggregates-market.asp
As per the projections of the PMR report, the demand in the global construction aggregates market will expand at a formidable CAGR of 6.1% during the forecast period of 2017 to 2025. Revenue-wise, the opportunities in this market are estimated to translate into US$592.7 bn by the end of 2025, considerably more than the market’s evaluated valuation of US$370.4 bn in 2017. Martin Marietta Materials Inc., LSR Group, CRH Plc, EUROCEMENT Group, and Adelaide Brighton Ltd. are some of the other key vendors currently ahead of the curve in the global construction aggregates market.
Growth of the construction aggregates market is predominantly driven by the development of large-scale infrastructure projects in developing economies of Asia Pacific as well as in North America and Europe, spurred by economic recovery. Governments of major economies are focusing on development of transportation facilities and strengthening energy or power generation infrastructure. For instance, in 2015, the Chinese government laid emphasis on the development of 300 infrastructure projects worth US$1.1 trillion to boost the country’s weakening GDP.
Request Sample Report@ https://www.persistencemarketresearch.com/samples/11554
In addition to that, innovation in technologies required for the production of aggregates has led to increased efficiency of manufacturing processes, leading to significant productivity as well as high quality of products. For instance, Haver & Boecker’s Hydro-clean washing unit cleans toxic material from aggregates and reduces water consumption by around 75% as compared to conventional log washer. Metso has developed a mobile jaw plant for aggregate crushing. The mobile plant can be easily moved between different operating sites, saving time and improving productivity.
Download and View Report TOC, Figures and Tables @ https://www.persistencemarketresearch.com/methodology/11554
Although construction aggregates are low cost materials due to its heaviness, the transportation costs are much higher, which is the primary restraint over the growth of the market for the same. Usually, more than half of aggregates are transported via road and in some regions, shipping cost of an aggregate can outweigh the production cost if the material is trucked for more than 20 miles. In addition to that, obtaining permission for a mining site is difficult and time-consuming due to environmental laws, land development laws, and zoning laws. This is another key challenge over the prosperity of the construction aggregates market. For instance, California has 74 bn MT of reserves in government-approved mining land, although mining is permitted in only 6-8% of the land.
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Construction Aggregates Market will expand at a notable CAGR of 6.1% by 2025 here
News-ID: 1059050 • Views: …
More Releases from Persistence Market Research
Frozen Foods Market Heats Up with Innovation and Growing Consumer Demand
Market Overview:
The frozen foods market consists of a wide range of products, including frozen fruits and vegetables, meat and seafood, ready-to-eat meals, and desserts. These products are preserved through freezing to maintain freshness and quality for an extended period.
Market Size and Growth:
The global market for frozen foods is forecasted to be of valuation US$ 281.0 Billion in the year 2022 which is expanding at a value CAGR of 5.1% and…
The Global Graphene Market's Striking Growth and Innovative Applications
Introduction
Graphene, a single layer of carbon atoms arranged in a hexagonal lattice, has gained global recognition for its extraordinary properties, such as exceptional electrical and thermal conductivity, mechanical strength, and flexibility. Since its isolation in 2004 by Andre Geim and Konstantin Novoselov, graphene has sparked considerable interest in both scientific and industrial communities. This report explores the current state of the graphene market and its potential growth opportunities.
Get Access To…
Business Opportunities in Cyber Security Mesh Market : Top Countries Data Analys …
Market Overview:
The projected global market size for cyber security mesh is expected to reach $8.8 billion by the year 2033, with an estimated valuation of $1.2 billion by 2023. This market is poised to experience a compound annual growth rate (CAGR) of 21.7% from 2023 to 2033.
The global Cyber Security Mesh market is poised for significant growth as organizations worldwide grapple with the escalating threat landscape. Cybersecurity has become an…
Synthetic Beta-Carotene Market To Boost Incredible Growth: 2033, Share Valuation …
Key market trends included a shift towards natural and plant-based ingredients, as consumers sought cleaner labels and healthier options. This drove the demand for naturally sourced beta-carotene, but synthetic beta-carotene still had its place due to its cost-effectiveness and consistency in production. The market was also influenced by regulatory changes and evolving dietary preferences, which affected the application and formulation of synthetic beta-carotene in various products.
To obtain the latest market…
More Releases for PMR
AC Hose Market Trends – PMR Blog
AC Hose are important parts of the AC assembly of an automotive. AC hoses help to attach a pipe to the air-conditioning unit and intake/exit units in an Automotive. AC Hose aid in the air flow to and fro the AC unit in a vehicle. Both AC pipe and hose are designed to bear high pressure in all environments. In working condition, an AC pipe faces the pressure of 25–30…
Protein Hydrolysate Ingredients Market Trends – PMR Blog
Protein hydrolysate ingredients are the group of peptides derived from proteins. Protein hydrolysate are rich in protein content and are absorbed more quickly in comparison to other proteins. The different type of protein hydrolysate ingredients include milk protein hydrolysate and meat protein hydrolysate. These protein hydrolysate ingredients have relatively low antigenic properties. Protein hydrolysates ingredients enhance the digestibility and reduces the protein allergy especially in infants.
Request to Sample of Report-…
Yeast Ingredients Market Outlook by 2021 : PMR
Yeasts are chemoorganotrophs, as they use organic compounds to source energy and do not require sunlight for growth or survival. Yeasts are usually unicellular; although some species may be multi-cellular. The size of yeast depends on the species. Yeasts usually measure 3 to 4 µm in diameter. However, certain yeasts reach up to 40 µm in diameter. Yeasts reproduce asexually through mitosis (a process, in which, the chromosomes in a…
Confectionery Market Outlook by 2021 : PMR
The confectionery market is one of the growing sectors globally . Usually, confections are low in nutrients and high in calorie. Sugar-free confections are gaining popularity in the recent years due to factors such as increasing obesity rate, increasing number of diabetic patients, increasing nutritional and health concerns, and changing lifestyle. The confectionery market can be primarily divided into two broad categories: sugar confectionery and bakers’ confectionery . Sugar confectionery…
Cereal Bars Market Outlook by 2021 : PMR
A cereal bar is made up of nuts, oats, sugar, dry fruits, flour, honey, wheat, corn, and puffed rice. Cereal bars have always been perceived as on-the-go breakfast snack items that are healthier alternatives of chocolate and other snacks. Cereal bars are high in fiber and protein and low in carbohydrates, vitamins, minerals, sodium, and antioxidants. They come in various flavors such as chocolate, peanut butter, banana, caramel, banana, honey,…
Functional Flours Market Share by 2026 : PMR
The natural flours used for specialty applications in the food industry and undergoes different treatment process to improve their properties are called functional flours. The various properties of functional flours include cold binding capacity, thermal binding capacity, machinability, dough hydration etc. The functional flours are classified as waxy, multi-benefit, instant and granulated type depending on its features. They undergo different physical and nutritional treatment to enhance its features. In dietary…
