The global construction aggregate market is expected to reach an estimated $452.4 billion by 2024 with a CAGR of 2.7% from 2019 to 2024
NEW YORK, April 10, 2019 /PRNewswire/ -- Trends, opportunities and forecast in construction aggregate market to 2024 by market by end use [infrastructure, residential, and non residential (healthcare, education, hospitality, retail, office, and others)], product type (sand and gravel, crushed stone, and other aggregates), and region (North America, Europe, Asia Pacific, and the Rest of the World)
Read the full report: https://www.reportlinker.com/p05764179/?utm_source=PRN
The future of the global construction aggregate market looks good with opportunities in the infrastructure, residential, and non-residential construction industries. The global construction aggregate market is expected to reach an estimated $452.4 billion by 2024 with a CAGR of 2.7% from 2019 to 2024. The major growth drivers for this market are growth in residential and non-residential construction activities, increasing urbanization, and rising per capita income.
Emerging trends which have a direct impact on the dynamics of the construction aggregate market include increasing adoption of pea gravel and the growing use of recycled stone.
Construction Aggregate market by end use industry
construction aggregate market
construction aggregate manufacturers
The study includes the construction aggregate market size and forecast for the global construction aggregate market through 2024, segmented by end use, product type, and region, as follows:
Construction Aggregate Market by End Use [Value ($ Billion) and Volume (Billion Metric Tons) from 2013 to 2024]:
Infrastructure Residential Non Residential Healthcare Education Hospitality Retail Office Others
Construction Aggregate Market by Product Type [Value ($ Billion) and Volume (Billion Metric Tons) from 2013 to 2024]:
Sand and Gravel Crushed Stone Other Aggregates
Construction Aggregate Market by Region [Value ($ Billion) and Volume (Billion Metric Tons) from 2013 to 2024]:
North America United States Canada Mexico Europe Germany France United Kingdom Spain Italy APAC China India Japan Australia ROW Brazil UAE
Some of the construction aggregates companies profiled in this report include Heidelberg Cement, Lafarge Holcim, Martin Marietta, Vulcan Materials Company, and CRH Plc are among the major suppliers of construction aggregates.
On the basis of comprehensive research, The analyst forecasts that crushed stone will remain the largest product type over the forecast period due to its high durability. The analyst predicts that sand and gravel will witness the highest growth during the forecast period due to its easy availability and low price. The growth for the sand and gravel segment will also be driven due to increasing demand in the residential industry.
Within the global construction aggregate market, infrastructure will remain the largest end use market during the forecast period due to increasing infrastructure development especially in emerging countries and growing government focus on infrastructure projects. Residential construction is expected to witness the highest growth during the forecast period.
Asia Pacific is expected to remain the largest market and witness the highest growth over the forecast period supported by increasing urbanization and building construction activities.
Some of the features of "Construction Aggregate Market Report: Trends, Forecast and Competitive Analysis" include:
Market size estimates: Global construction aggregate market size estimation in terms of value ($B) and volume (Billion Metric Tons) shipment.
Trend and forecast analysis: Market trend (2013-2018) and forecast (2019-2024) by end use and use industry.
Segmentation analysis: Global construction aggregate market size by end use type, and product in terms of value and volume shipment.
Regional analysis: Global construction aggregate market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
Growth opportunities: Analysis on growth opportunities in different applications and regions in the global construction aggregate market.
Strategic analysis: This includes M&A, new product development, and competitive landscape in the global construction aggregate market. Analysis of competitive intensity of the industry based on Porter's Five Forces model.
This report addresses the following key questions:
Q.1. What are some of the most promising, high-growth opportunities for the global construction aggregate market by end use [infrastructure, residential, and non residential (healthcare, education, hospitality, retail, office, and others)], product type (sand and gravel, crushed stone, and other aggregates), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which product segment will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in this construction aggregate market?
Q.5. What are the business risks and competitive threats in this construction aggregate market?
Q.6. What are the emerging trends in this construction aggregate market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the construction aggregate market?
Q.8. What are the new developments in the construction aggregate market and which companies are leading these developments?
Q.9. Who are the major players in this construction aggregate market? What strategic initiatives are being taken by key companies for business growth?
Q.10. What are some of the competing products in this construction aggregate market and how big of a threat do they pose for loss of market share by product substitution?
Q.11. What M&A activity has occurred in the last 5 years in this construction aggregate market?
Read the full report: https://www.reportlinker.com/p05764179/?utm_source=PRN
About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.
__________________________
Contact Clare: clare@reportlinker.com
US: (339)-368-6001
Intl: +1 339-368-6001
View original content:http://www.prnewswire.com/news-releases/the-global-construction-aggregate-market-is-expected-to-reach-an-estimated-452-4-billion-by-2024-with-a-cagr-of-2-7-from-2019-to-2024--300830222.html
SOURCE Reportlinker
