Press release
Global Construction Aggregates Market Anticipated to Surpass a Valuation of USD 560.9 Bn by 2024
An extensive forecast study, titled “Construction Aggregates Market: Rising Investments in the Construction Sector Fuelling Market Growth: Global Industry Analysis and Opportunity Assessment, 2016-2024” has been broadcasted to the online repository of Market Research Reports Search Engine (MRRSE). This 209-page precise study encapsulates valuable details about the market current scenario as well as its future projections on a global and regional level. It further intensely aims to provide major insights into the market’s growth throughout the above-mentioned forecast period in terms of volume and revenue (in US$ Mn).
Request Sample Copy of Construction Aggregates Market Report @ https://www.mrrse.com/sample/2813
Construction aggregates are a broad category of granular materials such as crushed stone, stone, and gravel etc., which finds application in construction activities. Aggregates are the world’s most mined material. Aggregates give resistance to wear and erosion, volume stability, and other desired physical properties to the finished product.
Construction aggregates are mainly used in the applications such as commercial, residential, Industrial, and infrastructure in a number of construction activities. The global construction aggregates market is anticipated to grow from an estimated USD 350.2 Bn in 2016 to USD 560.9 Bn by 2024, at a CAGR of 6.1% during the forecast period.
Rising investments in the construction sector are driving the growth of the global construction aggregates market
New trends such as manufactured sand, and recycled aggregates, along with the rising investment in infrastructure globally are driving the growth of the global construction aggregates market, whereas the high transportation costs, stringent zoning regulations, the seasonal factors, and the rising energy costs restrain the growth of the global construction aggregates market.
Infrastructure segment constitutes a major share of the total market volume
In terms of volume, the highest CAGR will be observed in the residential segment for the forecast period. However, the infrastructure segment is likely to constitute the largest share of the total market size.
China is the largest market of construction aggregates and dominated the global construction aggregates market
China was the biggest consumer of construction aggregates and dominated the global construction aggregates market in 2015, followed by North and Central America. China will represent the fastest growing region in the construction aggregates market in terms of value growing at a CAGR of 4.7%, however, developing economies like India and the Middle East are also anticipated to witness a considerable growth rate in construction aggregates market during the forecast period. The market in North and Central America will cross a value of USD 95 Bn by 2024 end.
To Know The latest Trends and Insights Prevalent in This Market, Click the link below @
https://www.mrrse.com/construction-aggregates-industry
In order to reduce its dependence on oil, GCC (Gulf Cooperation Council) have undertaken major steps as a part of the economy transformation. A few infrastructure development steps undertaken by these countries include following projects, and these are highly expected to impact the construction aggregates market demand in the region
Dubai is scheduled to host the World Expo 2020 at the Jebel Ali area, involving total revenue of between US$ 2 Bn to 4 Bn. The amount spent on the secondary infrastructure will be over US$ 8 Bn, and would provide construction opportunities in the hospitality, transport, commercial, and retail sectors.
2022 FIFA World Cup, Qatar: Ahead of the 2022 FIFA World Cup and Qatar's 2030 Vision, country’s infrastructure expenditure is estimated to reach about US$ 150 Bn.
Major players in the global construction aggregates market are focussed towards expanding their production capacities
Key players in the global construction aggregates market included in the report are LafargeHolcim Ltd., Vulcan Materials Company, Martin Marietta Materials, Inc., LSR Group PJSC, CEMEX S.A.B. de C.V., Heidelberg Cement AG, CRH plc, and EUROCEMENT Holding AG. The reports also focus on key developments and strategies of these key market players.
About Market Research Reports Search Engine
Market Research Reports Search Engine (MRRSE) is an industry-leading database of Market Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.
MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.
Contact Us
State Tower
90, State Street
Suite 700
Albany, NY - 12207
United States Telephone: +1-518-730-0559
Email: sales@mrrse.com
Website: https://www.mrrse.com/
Read More Industry News At: https://www.industrynewsanalysis.com/
Request Sample Copy of Construction Aggregates Market Report @ https://www.mrrse.com/sample/2813
Construction aggregates are a broad category of granular materials such as crushed stone, stone, and gravel etc., which finds application in construction activities. Aggregates are the world’s most mined material. Aggregates give resistance to wear and erosion, volume stability, and other desired physical properties to the finished product.
Construction aggregates are mainly used in the applications such as commercial, residential, Industrial, and infrastructure in a number of construction activities. The global construction aggregates market is anticipated to grow from an estimated USD 350.2 Bn in 2016 to USD 560.9 Bn by 2024, at a CAGR of 6.1% during the forecast period.
Rising investments in the construction sector are driving the growth of the global construction aggregates market
New trends such as manufactured sand, and recycled aggregates, along with the rising investment in infrastructure globally are driving the growth of the global construction aggregates market, whereas the high transportation costs, stringent zoning regulations, the seasonal factors, and the rising energy costs restrain the growth of the global construction aggregates market.
Infrastructure segment constitutes a major share of the total market volume
In terms of volume, the highest CAGR will be observed in the residential segment for the forecast period. However, the infrastructure segment is likely to constitute the largest share of the total market size.
China is the largest market of construction aggregates and dominated the global construction aggregates market
China was the biggest consumer of construction aggregates and dominated the global construction aggregates market in 2015, followed by North and Central America. China will represent the fastest growing region in the construction aggregates market in terms of value growing at a CAGR of 4.7%, however, developing economies like India and the Middle East are also anticipated to witness a considerable growth rate in construction aggregates market during the forecast period. The market in North and Central America will cross a value of USD 95 Bn by 2024 end.
To Know The latest Trends and Insights Prevalent in This Market, Click the link below @
https://www.mrrse.com/construction-aggregates-industry
In order to reduce its dependence on oil, GCC (Gulf Cooperation Council) have undertaken major steps as a part of the economy transformation. A few infrastructure development steps undertaken by these countries include following projects, and these are highly expected to impact the construction aggregates market demand in the region
Dubai is scheduled to host the World Expo 2020 at the Jebel Ali area, involving total revenue of between US$ 2 Bn to 4 Bn. The amount spent on the secondary infrastructure will be over US$ 8 Bn, and would provide construction opportunities in the hospitality, transport, commercial, and retail sectors.
2022 FIFA World Cup, Qatar: Ahead of the 2022 FIFA World Cup and Qatar's 2030 Vision, country’s infrastructure expenditure is estimated to reach about US$ 150 Bn.
Major players in the global construction aggregates market are focussed towards expanding their production capacities
Key players in the global construction aggregates market included in the report are LafargeHolcim Ltd., Vulcan Materials Company, Martin Marietta Materials, Inc., LSR Group PJSC, CEMEX S.A.B. de C.V., Heidelberg Cement AG, CRH plc, and EUROCEMENT Holding AG. The reports also focus on key developments and strategies of these key market players.
About Market Research Reports Search Engine
Market Research Reports Search Engine (MRRSE) is an industry-leading database of Market Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.
MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.
Contact Us
State Tower
90, State Street
Suite 700
Albany, NY - 12207
United States Telephone: +1-518-730-0559
Email: sales@mrrse.com
Website: https://www.mrrse.com/
Read More Industry News At: https://www.industrynewsanalysis.com/
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