NEW YORK, Aug. 9, 2016 /PRNewswire/ -- 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.
Crushed stones are an important type of construction aggregates, typically obtained by mining suitable deposits of rock and breaking down the obtained rock to preferred size by means of crushers. Crushed stones find application in road construction, railroad track ballast, as a binder in concrete, tarmac, etc. It also finds use in landscape design, for gardening purposes, as a mulch, and driveway pavements, among other uses.
Sand is typically a loose naturally occurring granular substance, which is obtained by means of erosion of siliceous and other rocks. Sand can either be obtained naturally through river beds or can be manufactured using certain machines. In terms of particle size, sand particles range in diameter from 0.0625 mm to 2 mm. Sand finds application in concrete, landscaping, and for making artificial reefs and islands, etc.
Gravels constitute rock fragments, ranging from granular to boulder-sized fragments. Gravels are often produced by quarrying and crushing hard-wearing rocks, including limestone, sandstone, and basalt. Gravels finds major use in applications such as concrete, road construction, etc.
Manufacturers and producers of construction aggregates are consistently investing in research and development activities in order to upgrade existing technology and to develop newer ones.
New trends such as manufactured sand and recycled aggregates, along with rising investment in infrastructure globally are driving the growth of the global construction aggregates market. However, high transportation costs, stringent zoning regulations, seasonal factors, and rising energy costs are expected to act as restrains to a growth of the global construction aggregates market.
The growth of the construction industry, increasing construction spending, increasing cement consumption globally, and rising GDP rates in developing economies are some of the other major market drivers.
In terms of geography, China dominates the global construction aggregates market, contributing around 26.4% to the overall market (by volume) in 2014, followed by North and Central America. This is due to increased deployment of construction aggregates in the region.
This report provides in-depth analysis and estimation of the construction aggregates market for the period 2015–2021, considering 2014 as the base year of calculation. In addition, data pertaining to current market dynamics, including market drivers, restraints, trends, and recent developments have been provided in the report. The construction aggregates market is segmented on the basis of application, product type and region. Based on applications, the market is segmented into commercial, residential, industrial, and infrastructure.
Based on product type, market segmentation includes crushed stone, sand, gravel, and other aggregates. On the basis of geography, the report identifies and analyses market size and offers projections for North and Central America, South America, Northern Europe, Southern Europe, CIS countries, India, China, Australia and New Zealand, Rest of Asia-Pacific, Middle East and Africa.
Currently, major players in the global construction aggregates market are focused towards mergers and acquisitions, and at 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, Lafarge-Holcim Ltd., CEMEX S.A.B. de C.V., Vulcan Materials Company, CRH plc, and EUROCEMENT Holding AG.
The Construction aggregates market report covers exhaustive analysis on
Construction Aggregates Market Segments
Construction Aggregates Market Dynamics
Historical Actual Market Size, 2012 – 2014
Construction Aggregates Market Size & Forecast 2015 to 2025
Supply & Demand Value Chain
Construction Aggregates Market Current Trends/Issues/Challenges
Competition & Companies involved
Construction Aggregates Market Drivers and Restraints
North and Central America
Australia and New Zealand
Rest of Asia-pacific
Shifting Industry dynamics
In-depth market segmentation
Historical, current and projected industry size
Recent industry trends
Key competition landscape
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance
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