Construction Aggregates Market is projected to reach US$ 666.7 billion by the end of 2027
                     Construction Aggregates Market is projected to reach US$ 666.7 billion by the end of 2027
Construction aggregates are the most mined and grained product available in the world and are 
basic components of composite materials such as asphalt concrete and concrete. These materials are
produced from natural deposits such as limestone, granite, and trap rock by using drilling and 
blasting the rock into smaller pieces. Construction aggregates are used as base materials underneath 
highways, airports, runaway, parking lots, and railroads. This material is also used in water 
purification, filtration, and to control erosion of soil.
The global construction aggregates market is projected to reach US$ 666.7 billion by the end of 
2027, in terms of revenue, growing at CAGR of 6.0% during the forecast period (2019 to 2027).
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Market Opportunities
Increasing investment for introducing new aggregates machinery by major players is expected to 
propel the market growth of construction aggregates over the forecast period. For instance, in 
November 2019, AR Demolition has continued investing in the future of its business with cutting-
edge machinery worth of US$ 1 million for its aggregates recycling sister company.
Market Dynamics
The market is anticipated to grow substantially in forthcoming years owing to surge in 
infrastructure developments across the globe, especially in emerging economies. Governments are 
focused on strengthening their infrastructures in transportation and energy sector to boost the 
economic growth of country. Geographically, Asia-Pacific is projected to witness the fastest growth 
in next few years on account of rising number of construction projects in the region.
Major Keyplayers: HeidelbergCement AG, Martin Marietta Materials, Inc., LSR Group, 
LafargeHolcim, CEMEX S.A.B. de C.V., Vulcan Materials Company, CRH, Eurocement Group, 
and Adelaide Brighton Ltd.
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