New York, According to a new market research report published by Global Insight Services “Construction Aggregates Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Construction aggregates are inert granular materials such as sand, gravel, or crushed stone that, along with water and portland cement, are an essential ingredient in concrete. For a good concrete mix, aggregates need to be clean, hard, strong particles free of absorbed chemicals or coatings of clay and other fine materials that could cause the deterioration of concrete.
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Key Trends
There are several key trends in construction aggregates technology.
One is the use of alternative materials such as recycled concrete and asphalt.
Another is the use of new technologies to improve the quality and durability of aggregates.
Key Drivers
There are a number of key drivers of the construction aggregates market. The most important of these is the overall level of economic activity. When economies are growing, there is generally more construction activity and therefore more demand for construction aggregates.
Another important driver is the level of infrastructure spending. This includes both government spending on projects such as roads and bridges, as well as private sector spending on things like commercial buildings and residential developments.
Market Segments
The Construction Aggregates Market is segmented by type, application, transportation mode, and region. By type, the market is divided into crushed stone, sand, and gravel. By application, it is categorized into residential and non-residential. By transportation method, it is segmented into trucks, trains, and ships. Region-wise the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.
Key Players
The Construction Aggregates Market includes players such as Adelaide Brighton Ltd., CEMEX S.A.B. de C.V., CRH, Heidelbergcement AG, Holcim Ltd., Martin Marietta Materials Inc., Rogers Group Inc., SIKA group,Vicat SA and Vulcan Materials Company.
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Reasons to buy Construction Aggregates Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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