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Global Construction Aggregates Market is Appraised to be Valued US$ 468.2 Billion by 2021

Construction Aggregates Market

Construction Aggregates Market

Persistence Market Research publishes its latest research report titled “Global Market Study on Construction Aggregates: Supported by Infrastructure Investments to Reflect Over 5% CAGR by 2021 ”. According to analysis results, the global construction aggregates market is estimated to reach a value of US$ 329.3 Bn by 2015 end, which is expected to expand at a CAGR of 6.0% from 2015 to 2021, to reach a market value of US$ 468.2 Bn by 2021. In terms of volume, the global construction aggregates market is estimated to register a CAGR of 4.6% over the forecast period.

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Construction aggregates are a broad category of granular materials such as crushed stone, stone, and gravel etc., which find application in construction activities. Aggregates are the world’s most mined materials. Aggregates offer resistance to wear and erosion, volume stability, and other desired physical properties to the finished product.

During the forecast period, infrastructure segment is estimated to account for 40.6% share of the total construction aggregates market in 2015 (by volume) and is anticipated to expand at a healthy CAGR of 5.4% during the forecast period. By product type, sand is projected to account for 44.1% share of the total market in 2015 (by volume) and is expected to expand at a CAGR of 5.8% during the forecast period.

Among regions, China is expected to dominate the construction aggregates market throughout the forecast period, expanding at CAGR of 5.9% in terms of volume.

New trends in construction aggregates such as manufactured sand, and recycled aggregates, along with rising investment in infrastructure globally are driving growth of the global construction aggregates market; whereas high transportation costs, stringent zoning regulations, seasonal factors, and rising energy costs are expected to act as restraints to growth of the global construction aggregates market.

The growth of the construction industry, increasing construction spending, especially in developing economies such as India and the Middle East, are some of the other major market drivers.

Sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/5201

Report outlines global upcoming construction projects and major events impacting the construction aggregates market, along with a list of the top importers and exporters of construction aggregates globally. Capacity factor analysis for each region is also included in the report. Also, construction value added as a percent of GDP for key economies have been included in the report.

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Currently, major players in the global construction aggregates market are focused towards mergers and acquisitions, and on expanding their production capacities. Key players in the global construction aggregates market included in the report are Heidelberg Cement AG, Martin Marietta Materials, Inc., LSR Group PJSC, LafargeHolcim Ltd., CEMEX S.A.B. de C.V., Vulcan Materials Company, CRH plc, and EUROCEMENT Holding AG. The reports also focus on key developments and strategies of these key market players.

About Us

Persistence Market Research (PMR) is a full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients business needs.

PMR stands committed to bringing more accuracy and speed to clients business decisions. From ready-to-purchase market research reports to customized research solutions, PMRs engagement models are highly flexible without compromising on its deep-seated research values.

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