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Construction Aggregate Market Forecast 2025-2034: Evaluating Growth Factors, Segments, and Emerging Trends

03-27-2025 05:54 AM CET | Health & Medicine

Press release from: The Business Research Company

Construction Aggregate

Construction Aggregate

How Are the key drivers contributing to the expansion of the construction aggregate market?
The construction aggregate market is expected to grow due to infrastructure development and urbanization. As urban populations increase, the need for enhanced infrastructure rises, requiring essential materials like sand, gravel, and crushed stone. The World Bank's report highlights that nearly 70% of people will live in urban areas by 2050, intensifying the demand for construction aggregates to support expanding cities.

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What growth opportunities are expected to drive the construction aggregate market's CAGR through 2034?
The construction aggregate market has shown strong growth. It is projected to expand from $405.61 billion in 2024 to $433.28 billion in 2025 at a CAGR of 6.8%. Growth in the past has been fueled by rising construction activities, an increasing focus on recycled aggregates and sustainable practices, expanding infrastructure development, growing tourism-related construction, and population growth.

The construction aggregate market is expected to grow significantly, reaching $558.06 billion by 2029 with a CAGR of 6.5%. Growth will be driven by rising urbanization, increasing disposable incomes, the expansion of smart city initiatives, higher government spending on public infrastructure, and growing demand for residential and commercial buildings. Key industry trends include sustainable construction practices, the adoption of smart construction technologies, expansion of green building regulations, a heightened focus on reducing carbon emissions, and technological innovations in aggregate production.

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What are the emerging trends shaping the future of the construction aggregate market?
In the construction aggregate market, companies are prioritizing sustainable construction ecosystems to reduce carbon emissions and promote circularity. In January 2024, Heidelberg Materials launched evoBuild, a global brand that offers low-carbon, circular construction materials. This initiative ensures a minimum of 30% CO2 reduction or 30% recycled content in materials, aligning with the company's goal to generate 50% of its revenue from sustainable products by 2030.

Which growth-oriented segments of the construction aggregate market are leading the industry's development?
The construction aggregatemarket covered in this report is segmented -

1) By Type: Sand, Gravel, Crushed Stone, Other Types
2) By Transportation Mode: Truck, Train, Ship
3) By Application: Residential Use, Commercial Use, Infrastructure Use, Industrial Use

Subsegments:
1) By Sand Types: Natural Sand, Manufactured Sand
2) By Gravel Types: Crushed Gravel, River Gravel
3) By Crushed Stone Types: Limestone, Granite, Traprock, Sandstone
4) By Other Types: Recycled Aggregate, Lightweight Aggregate, Specialty Aggregate

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What regions are leading the charge in the construction aggregate market?
Asia-Pacific was the largest region in the construction aggregate market in 2024. The regions covered in the construction aggregate market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What companies are at the forefront of innovation in the construction aggregate market?
Major companies operating in the construction aggregate market are Holcim Group, CRH plc, China National Building Material Co. Ltd., Colas Group, Siam Cement Group (SCG), CEMEX S.A.B. de C.V., Heidelberg Materials AG, EUROVIA Kamenolomy AS, Sika AG, Vulcan Materials Company, Martin Marietta Materials Inc., Fletcher Building, Buzzi S.p.A., Boral Limited, Tarmac, LSR Group, Adbri Limited, Rogers Group Inc., Carmeuse, CEMROS, Eagle Materials Inc., SRC Group, Meyer Industrial Solutions

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What Is Covered In The Construction Aggregate Global Market Report?

•Market Size Forecast: Examine the construction aggregate market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the construction aggregate market for a structured understanding.
•Key Players Overview: Analyze major players in the construction aggregate market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the construction aggregate market.
•Segment Contributions: Evaluate how different segments drive overall growth in the construction aggregate market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the construction aggregate market.
•Industry Challenges: Identify potential risks and obstacles affecting the construction aggregate market.
•Competitive Landscape: Review strategic developments in the construction aggregate market, including expansions, agreements, and new product launches.

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