Construction Aggregates Market Competitive Strategies and Worldwide Demand with Top player - Vulcan Materials Company, PJSC LSR Group, Heidelberg Cement AG, LafargeHolcim Ltd

Construction aggregates are inert granular material such as gravel, sand, and crushed stones, which are used with a binding medium such as lime, water and portland cement, and others to form compound materials such as concrete and asphalt concrete. Growing infrastructural and residential sectors are expected to drive growth of the construction aggregates market over the forecast period. According to the office for National Statistics, the value of construction new work was US$ 114,977.3 million and is expected to grow continuously, owing to growing private sector.

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The construction aggregates market was valued at US$ 358.80 Bn in 2016 and is expected to expand at a CAGR of 6.3%, in terms of revenue, during 2017 – 2025.

Various manufacturers are engaged in merger and acquisition to enhance their global presence. For instance, in 2017, Aggregates Industries in Europe, acquired Kendall Group, one of the leading ready mix concrete and aggregates manufacturer to expand its operations in South of England.

Growing trend of using recycled aggregated, owing to its cost effectiveness and it is considered as green construction material, which is further driving growth of the construction aggregates market.

Major Players in the Global Construction Aggregates Market

Some of the key players operating in the global construction aggregates market include Vulcan Materials Company, PJSC LSR Group, Heidelberg Cement AG, LafargeHolcim Ltd, Martin Marietta Materials, Inc., CEMEX S.A.B. de C.V., Eurocement Holding AG, CRH plc., Adelaide Brighton Cement Ltd., and Rogers Group Inc.

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