Construction Aggregate Market 2021: Industry Size, Share, Demand, Upcoming Trends, Growth Factors, Key Companies, Competitive Scenario and Forecast by 2024
iCrowd Newswire
22 Jan 2021, 09:21 GMT+10
Market Overview
In its new research report, Market Research Future (MRFR), emphasizes that the Global Construction Aggregate Market 2020 is expected to grow exponentially, securing a substantial market valuation and a healthy CAGR over the review period.
Drivers and Restraints
Owing to the growth of the construction industry in the last few years, the global construction aggregate demand has seen a surge. The market for construction aggregates has been driven by rapid infrastructural growth coupled with business capital investments in developing economies such as China and India. Increasing government spending on road and rail infrastructure is expected to help to build overall revenue opportunities globally. In addition, projects, like constructing new airport infrastructure and remodeling old airports, will continue to fuel the need for building aggregates. Furthermore, the large number of Special Economic Zones (SEZs) is also improving the global demand for construction aggregates.
Special Economic Zones (SEZs) are developed through sustainable development to encourage industrialization and economic growth. According to the Ministry of Commerce, SEZs will more effectively enjoy tax cuts, streamlined procedures, flexible regulations and controls, exemption from customs and duties to facilitate merchandise exports, foreign investment, job opportunities, and the growth of infrastructure facilities. The number of SEZs is increasing significantly as a result of these government policies, which in effect propels the growth of the global economy.
Get free sample pdf @https://www.marketresearchfuture.com/sample_request/1545
Segmental Analysis
The global construction aggregate market has been analyzed based on material and application.
On the basis of material, the global market is segmented into gravel, crushed stone, sand, M-sand, and others. On the basis of material, crushed stone assessed as the larger market share of around 37% in the construction aggregate market, which is also poised to witness the highest growth rate over the review period.
On the basis of application, the global market is segmented as residential, industrial, commercial, and infrastructure. On the basis of application, in 2018, the infrastructure segment accountef for the largest market share, which is also estimated to witness the highest growth rate in the global market.
Regional Analysis
The global business regional analysis was conducted in four major regions, including Asia Pacific, North America, Europe, and the rest of the world. Asia-Pacific accounted for about 50 percent of the largest market share and is also projected to see the significant growth rate during the forecast period. It can be attributed to the booming construction industry in the residential, commercial, manufacturing, and transportation sectors projected to add to the region's demand for the aggregate building market. Furthermore, due to the increasingly growing population coupled with rapid urbanization, the residential segment is expected to experience substantial growth in the global construction aggregate market. This drastic change has further escalated the need for residential buildings, particularly in emerging countries like China and India. As a result of numerous government initiatives to build better infrastructure (heavy civil works, such as rail, road, dams, and irrigation canals), the construction industry in emerging economies such as China and India has witnessed an investment inflow. In India, for instance, the government has taken steps to establish Special Economic Zones (SEZs) that encourage industrialization and economic development. India's Ministry of Commerce has lowered the number of regulations and lowered the taxes to raise FDI and improve the country's infrastructure.
North America represented the second largest market over the forecast period, which is projected to exhibit a sustained growth rate. Repair and restoration activities in the real estate sector and the commercial sector are projected to increase demand for building aggregates in the region.
Browse complete report @https://www.marketresearchfuture.com/reports/construction-aggregate-market-1545
Competitive Landscape
The major market players operating in the global market as identified by MRFR are LSR Group (Russia), Heidelberg Cement AG (Germany), CRH plc (Ireland), Martin Marietta Materials Inc. (US), Vulcan Materials Company (US), Cemex SAB de CV ADR (Mexico), CEPSA (Spain), Adelaide Brighton Ltd (Australia), ROGERS GROUP INC. (US), and Euro cement Group.
Table of Content
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter's Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis
4 Market Dynamics
4.1 Introduction
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
5 Construction Aggregate Market, By Material
5.1 Introduction
5.2 Crushed Stones
5.2.1 Market Estimates & Forecast, 2019-2024
5.2.2 Market Estimates & Forecast, By Region, 2019-2024
5.3 Gravel
5.3.1 Market Estimates & Forecast, 2019-2024
5.3.2 Market Estimates & Forecast, By Region, 2019-2024
5.4 Sand
5.4.1 Market Estimates & Forecast, 2019-2024
5.4.2 Market Estimates & Forecast, By Region, 2019-2024
……….
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Tags: Construction Aggregate, Construction Aggregate Market Analysis, Construction Aggregate market, Construction Aggregate industry, Global Construction Aggregate, Construction Aggregate Market Forecast
See Campaign: https://www.marketresearchfuture.com/reports/construction-aggregate-market-1545Contact Information:Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address: Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website:https://www.marketresearchfuture.comTags:, Reportedtimes, iCN Internal Distribution, Research Newswire, English
Contact Information:
Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address: Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website:
https://www.marketresearchfuture.com
Share
Tweet
Share
Flip
Email
Subscribe and Follow
Get a daily dose of Houston Mirror news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
News RELEASES
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Houston Mirror.
More InformationGold ETF inflows hit 5-year high as tariffs drive safe-haven bets
LONDON, U.K.: Physically backed gold exchange-traded funds recorded their most significant semi-annual inflow since the first half...
PwC: Copper shortages may disrupt 32 percent of chip output by 2035
AMSTERDAM, Netherlands: Some 32 percent of global semiconductor production could face climate change-related copper supply disruptions...
U.S. stocks recover after Trump-tariffs-induced slump
NEW YORK, New York - U.S. stocks rebounded Tuesday with all the major indices gaining ground. Markets in the UK, Europe and Canada...
Stocks slide as Trump unveils 25% tariffs on Japan, S. Korea
NEW YORK CITY, New York: Financial markets kicked off the week on a cautious note as President Donald Trump rolled out a fresh round...
BRICS issues rebuke on trade and Iran, avoids direct US criticism
RIO DE JANEIRO, Brazil: At a two-day summit over the weekend, the BRICS bloc of emerging economies issued a joint declaration condemning...
BP appoints ex-Shell finance chief Simon Henry to board
LONDON, U.K.: This week, BP appointed Simon Henry, former Shell finance chief, to its board as a non-executive director effective September...
Travelers can now keep shoes on at TSA checkpoints
WASHINGTON, D.C.: Travelers at U.S. airports will no longer need to remove their shoes during security screenings, Department of Homeland...
Rubio impersonator used AI to reach officials via Signal: cable
WASHINGTON, D.C.: An elaborate impersonation scheme involving artificial intelligence targeted senior U.S. and foreign officials in...
Warsaw responds to migration pressure with new border controls
SLUBICE, Poland: Poland reinstated border controls with Germany and Lithuania on July 7, following Germany's earlier reintroduction...
Deadly July 4 flash floods renew alarm over NWS staffing shortages
WASHINGTON, D.C.: After months of warnings from former federal officials and weather experts, the deadly flash floods that struck the...
Putin fires transport chief, later found dead in suspected suicide
MOSCOW, Russia: Just hours after his sudden dismissal by President Vladimir Putin, Russia's former transport minister, Roman Starovoit,...
Thousands gather in Himalayas as Dalai Lama celebrates 90th birthday
DHARAMSHALA, India: The Dalai Lama turned 90 on July 6, celebrated by thousands of followers in the Himalayan town of Dharamshala,...
