Press release
Construction Aggregates Market Industry Analysis By Top Players 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 Ce
Construction aggregates include recycled aggregates, crushed stones, sand, and gravels used in construction. Aggregates are used in the production of construction products such as asphalt, ready-mixed concrete, lime, and mortar. Increasing demand for aggregates owing to construction activities is driving growth of the construction aggregates market over the forecast period. According to Mineral Products Association (MPA), around 90% of all aggregates were consumed by construction industry in U.K.Get Sample PDF Of Research Report @ https://www.coherentmarketinsights.com/insight/request-pdf/2163
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.
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.
Market Dynamics
Asia Pacific is one of the major contributors to the construction aggregates market, owing to constantly growing construction industry in emerging economies such as India and China. According to India Brand Equity Foundation (IBEF), the Indian construction industry is expected to be valued at US$ 5 billion by 2020.
Various manufacturers are focused on organic and inorganic growth strategies such as mergers, acquisition, and joint venture in order to enhance their global presence. For instance, in January 2018, Vulcan Materials Company, one of the key player in construction aggregates market, acquired Aggregates USA, llc to expand their footprint in Florida, South Carolina and Georgia.
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Detailed Segmentation:
Global Construction aggregates Market, By Product Type:
• Sand
• Gravels
• Crushed Stones
• Others
Global Construction aggregates Market, By Application:
• Road Base & Coverings
• Hydraulic Concrete
• Asphaltic Concrete
• Others
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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