Worldwide Aggregates Industry to 2026 - Growing Demand from Construction Applications - ResearchAndMarkets.com

The "Aggregates Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.

The global aggregates market is projected to register a CAGR of more than 6% during the forecast period (2021-2026).

Companies Mentioned

• CEMEX S.A.B. de C.V.
• China Resources Cement Holdings Limited
• EUROCEMENT Group
• HEIDELBERGCEMENT AG
• LafargeHolcim
• LSR Group
• Martin Marietta
• Tarmac
• Vulcan Materials Company

Key Market Trends

Growing Demand from Construction Applications

• Aggregate is a broad category of coarse to medium grained particulate material used in construction activities, which includes sand, gravel, crushed stone, slag, recycled concrete, and geosynthetic aggregates. Aggregates are the most mined materials in the world.
• These aggregate materials are mixed with cement, bitumen, lime, gypsum, or other adhesives to form concrete or mortar that forms a major part of building blocks.
• China is in the midst of a construction mega-boom. The country has the largest buildings market in the world, making up 20% of all construction investment globally. The country alone is expected to spend nearly USD 13 trillion on buildings by 2030.
• Additionally, in India, massive urbanization is expected to happen in next decade which is expected to push the construction sector in turn pushing the demand for the aggregates. For instance, India is trying to build ore than 100 smart cities all over the country to achieve rapid urbanization in the country which is expected contribute greatly for the aggegates demand in the country during the forecast period.
• Hence, with the growing construction activities, the demand for aggregates is expected to rapidly increase over the forecast period.

Asia-Pacific Region to Dominate the Market

• The Asia-Pacific region is expected to dominate the market for aggregates during the forecast period. With growing construction activities in countries such as China, India, and Japan, the consumption of aggregates is increasing in the region
• The largest producers of aggregates are located in the Asia-Pacific region. Some of the leading companies in the production of aggregates are China Resources Cement Holdings Limited, EUROCEMENT group, Cement Industries of Malaysia Berhad (CIMA), LafargeHolcim.
• In March 2019, National Highway projects worth INR 1,10,154 crore were inaugurated in India increasing the scope for this market.
• According to DPIIT, Department for Promotion of Industry and Internal Trade, the foreign direct investments in construction in the period April 2000 to September 2020 in infrastructure was at USD 17.22 billion.
• The Chinese government has rolled out massive construction plans, including making provisions for the movement of 250 million people to its new megacities, over the next ten years creating a major scope for construction activity thereby increasing the market for aggregates over the coming years.
• The aforementioned factors coupled with government support are contributing to the increasing demand for aggregates market during the forecast period.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Drivers

4.1.1 Growing Demand in the Construction of Buildings

4.1.2 Other Drivers

4.2 Restraints

4.2.1 Unfavourable Conditions Arising Due to the Impact of COVID-19

4.3 Industry Value Chain Analysis

4.4 Porter's Five Forces Analysis

5 MARKET SEGMENTATION

5.1 Aggregate Type

5.1.1 Sand

5.1.2 Gravel

5.1.3 Slag

5.1.4 Crushed Stone

5.1.5 Other Aggregate Types

5.2 Application

5.2.1 Construction

5.2.1.1 Buildings

5.2.1.2 Railways

5.2.1.3 Roadways

5.2.1.4 Others

5.2.2 Insulation

5.2.3 Other Applications

5.3 Geography

5.3.1 Asia-Pacific

5.3.1.1 China

5.3.1.2 India

5.3.1.3 Japan

5.3.1.4 South Korea

5.3.1.5 Rest of Asia-Pacific

5.3.2 North America

5.3.2.1 United States

5.3.2.2 Canada

5.3.2.3 Mexico

5.3.3 Europe

5.3.3.1 Germany

5.3.3.2 United Kingdom

5.3.3.3 France

5.3.3.4 Italy

5.3.3.5 Rest of Europe

5.3.4 South America

5.3.4.1 Brazil

5.3.4.2 Argentina

5.3.4.3 Rest of South America

5.3.5 Middle-East and Africa

5.3.5.1 Saudi Arabia

5.3.5.2 South Africa

5.3.5.3 Rest of Middle-East and Africa

6 COMPETITIVE LANDSCAPE

6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

6.2 Market Share/Ranking Analysis

6.3 Strategies Adopted by Leading Players

6.4 Company Profiles

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

7.1 Development of Smart Aggregates

7.2 Other Opportunities

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View source version on businesswire.com: https://www.businesswire.com/news/home/20210916005544/en/