Construction Aggregates Market
Global Construction Aggregates Market expected to generate around USD 490 billion by 2025, at a CAGR of 4.6% between 2019 and 2025
Construction Aggregates Market by Product Type (Crushed Stones, Sand, Gravel, and Others) and by End-User (Residential, Commercial, and Industrial): Global Industry 2018–2025”
— Zion Market Research
NEW YORK, NEW YORK, UNITED STATES, February 27, 2020 /EINPresswire.com/ — Zion Market Research has published a new report titled “Construction Aggregates Market by Product Type (Crushed Stones, Sand, Gravel, and Others) and by End-User (Residential, Commercial, and Industrial): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global construction aggregates market was valued approximately USD 360 billion in 2018 and is expected to generate around USD 490 billion by 2025, at a CAGR of 4.6% between 2019 and 2025.
The construction aggregates market is likely to grow rapidly over the estimated timeframe owing to the flourishing construction industry of various emerging nations, such as India and China. Rapid industrialization, urbanization in developing economies of the world, and the ongoing trend of constructing smart buildings and infrastructures in cities are other factors that are anticipated to boost the construction aggregates market in the future. Additionally, construction organizations are also focusing on mergers and acquisitions to increase their production capacities. Furthermore, the growing acceptance of recycled construction aggregates due to their ability to preserve depleting energy resources and reduce costs are projected to positively impact the construction aggregates market in the upcoming years. The growing demand for readymade concrete is likely to offer new market opportunities over the estimated timeframe. However, the fluctuating prices of raw materials may hamper this market’s growth in the future.
Get PDF Sample of this Research Report – https://www.zionmarketresearch.com/requestbrochure/construction-aggregates-market
Based on product type, the construction aggregates market is segmented into the sand, gravel, crushed stones, and others. The crushed stones segment is expected to dominate the market in the future, owing to their extensive use for commercial infrastructural development. According to the U.S. Geological Survey in 2015, about 1.32 billion tons of crushed stones were produced for consumption in the U.S. alone.
Based on end-user, the construction aggregates market is segmented into residential, commercial, and industrial. The residential segment is expected to dominate the market in the future, owing to the growing number of smart buildings in urban and semi-urban areas due to the rising per capita income of people.
Asia Pacific region held an extensive revenue share of the global construction aggregates market in 2018 and is expected to dominate globally in the upcoming years as well. This can be attributed to the increasing construction activities in the region due to rapid industrialization and urbanization and the rising investments made in the construction industry for infrastructural development. North America is expected to provide significant opportunities for the global construction aggregates market in the future, owing to the rising demand for recycled construction aggregates and crushed stones owing to the development of commercial infrastructure across the region.
Browse TOC of this Research Report for more Insights – https://www.zionmarketresearch.com/toc/construction-aggregates-market
Some key players of the global construction aggregates market are Vulcan Materials Company, Adelaide Brighton Cement Ltd., PJSC LSR Group, CEMEX S.A.B. de C.V., LafargeHolcim Ltd., Martin Marietta Materials, Inc., Eurocement Holding AG, CRH PLC, Heidelberg Cement AG, and Rogers Group Inc., among others.
This report segments the global construction aggregates market into:
Global Construction Aggregates Market: Product Type Analysis
Global Construction Aggregates Market: End-User Analysis
Global Construction Aggregates Market: Regional Analysis
The Middle East and Africa
Request Customization on this Report – https://www.zionmarketresearch.com/custom/3521
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Zion Market Research
+1 855 465 4651
email us here
Visit us on social media:
Source: EIN Presswire