Global Aggregates Market 2024-2028

Global Aggregates Market 2024-2028

The aggregates market is forecasted to grow by USD 51.86 bn during 2023-2028, accelerating at a CAGR of 5.2% during the forecast period. The report on the aggregates market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising investments in construction sector, increasing investments in railway infrastructure, and increasing number of smart cities.

Technavio's aggregates market is segmented as below:

By Application

• Concrete
• Road base and coverings
• Others

By Product

• Crushed stone
• Sand and gravel
• Others

By Geographical Landscape

• APAC
• Europe
• North America
• Middle East and Africa
• South America

This study identifies the increasing preference for pea gravel over crushed stone as one of the prime reasons driving the aggregates market growth during the next few years. Also, emergence of hydraulic cement concrete and increasing demand for recycled aggregates will lead to sizable demand in the market.

The report on the aggregates market covers the following areas:

• Aggregates market sizing
• Aggregates market forecast
• Aggregates market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading aggregates market vendors that include Anglo American plc, Boral Ltd., Buzzi SpA, CEMEX SAB de CV, China Resources Holdings Co. Ltd., CRH Plc, EUROCEMENT Group, Fisher Sand and Gravel Co., HeidelbergCement AG, Holcim Ltd., Irving Materials Inc., LSR Group, Martin Marietta Materials Inc., Rogers Group Inc., Sika AG, UEM Group Berhad, Vicat, Vulcan Materials Co., Adbri Ltd., and Carmeuse Coordination Center SA. Also, the aggregates market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.