Global Aggregates Market By Type (Sand, Gravel, Crushed Stones, Others), By Application (Commercial, Residential, Industrial, Infrastructure), By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa): Opportunity Analysis and Industry Forecast, 2017-2027

The Global Aggregates Market was Valued at US$ 465.2 Bn In 2020 is Expected to Reach US$ 657.2 Bn By 2027, at a CAGR Of 3.5% During The Forecast Period (2017-2027).

Aggregates are an essential construction material for concrete and includes inert granular materials such as gravel, sand and crushed stones. One of the key factors driving the demand for aggregates is the rapid growth of construction industry primarily from the developing regions. The regions such as Asia Pacific and Middle East & Africa is increasingly making investments to strengthen the industrial sector with the rising development of industrial plans and facilities. Moreover the rising adoption of recycled aggregates for construction purpose is supporting the growth of aggregates market globally.

Global Aggregates Market

However, the rising COVID-19 crisis has created enormous challenges for the industry workers. The pandemic has shrunken the economies of countries around the world, affecting the construction industry adversely reshaping the consumer’s spending capacity. Supply chain disruptions and demand erosion will further decrease the product demand. On account of impact of Covid-19 the prices of key raw material ingredients such as sand has increased significantly. The increase in prices was due to the increase in freight and logistics costs and depletion of resources such as and environmental restrictions on sand mining in key geographies.

Global Aggregates Market is Segmented as:

By Type:

  • Sand
  • Gravel
  • Crushed Stones
  • Others

By Application:

  • Commercial
  • Residential
  • Industrial
  • Infrastructure
  • Others

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

The unique insights provided by this report also includes the following:

  1. In-depth value chain analysis
  2. Opportunity mapping
  3. Sector snapshot
  4. Key Players Positioning Matrix
  5. Regulatory scenario
  6. Strategies Adopted-Benchmarking Heat Map
  7. Market trends
  8. Covid-19 impact analysis
  9. Product comparison
  10. Pre & Post COVID 19 impact on aggregates Market

Based on Type, transportation segment dominated the market in 2020

Based on the type the aggregates market is segmented as crushed stone, sand, gravel, and others. The crushed stone segment held the largest market share in 2020 and is anticipated to witness similar trends throughout the forecast period. The crushed stone segment is easily available in the region with almost every state in the U.S. producing crushed stones. Crushed stones are widely used in road construction and manufacturing of cement and due to the increasing infrastructure projects.

The demand for sand is also supported by the rising demand from the construction industry. However, the shrinking reserves of sand across the globe are hampering market growth. The initiatives undertaken by the government to preserve the environment, sand mining is considered illegal in most countries. For instance, in India, in January 2020, the Ministry of Environment, Forests and Climate Change have released a guideline called ‘The Enforcement and Monitoring Guidelines for Sand Mining 2020’ that provides instructions to the states to constantly monitor mining activities suing drones, ground surveys, aerial surveys and set up a dedicated task force at the district level. The guidelines also include direction for states to perform river audits and provide detailed survey reports of all the mining areas online in the public domain on a monthly basis. The guidelines were prepared to nullify the adverse effects of excessive sand mining and the prevention of illegal mining. Policies and regulations like these are restraining the market growth.

Based on Applications, commercial segment held the largest market share in the global aggregates market in 2020

The commercial application segment held the largest market share in 2020 and growing with the fastest CAGR of 4.6%. The growing urban population across the globe is supporting commercial and residential development. For instance, the Government of Canada is making infrastructure investments and in 2016, made the commitment to invest US$ 180 Bn over a period of 12 years supporting the demand for aggregate in the infrastructure application segment. Canada is also investing in recreational complex with an amount of US$ 53 Mn invested for recreational complex for residents in the Township of King. Investments like these is boosting the demand for aggregates in infrastructure. The industrial sector is matured in the region which is witnessing stable growth during the forecast period.

Based on regions, the North America region held a significant market share in 2020

One of the key factors accelerating the growth of the aggregates market in North America is the increasing need of upgrading the U.S. infrastructure owing to the rising number of bridge collapses. According to the American Society of Civil Engineers (ASCE), in 2016, approximately 9.1% of the bridges across the U.S. were structurally deficient. Similarly, the country’s residential sector is witnessing significant growth thereby supporting the market growth for aggregates.

Moreover, Canada is set to witness a rise in the demand for aggregates owing to the accelerating demand from the construction industry. The government of Canada is also making significant investments in infrastructure development supporting market growth. In 2016, the Government of Canada launched the ‘Investing in Canada Plan’ to achieve the three main objectives that include building social inclusion and socio-economic outcomes for all Canadians, creating long-term economic growth thereby building a stronger middle class, and to supporting the resilience of communities and transitioning to a clean growth economy.

Company Profiles and Competitive Intelligence:

The major players operating in the global aggregates market are, Vulcan Materials Company, CRH plc, Martin Marietta Aggregates, HeidelbergCement AG, LafargeHolcim Ltd., Cemex S.A.B. de C.V., Colas Inc., and MDU Resources Group, Inc., among others.

The report also provides in-depth analysis of market dynamics such as drivers, restraints opportunities and challenges


  • Rising need for reconstruction from the developed countries
  • Increasing production and consumption of aggregates worldwide coupled with the rising construction activities in the region


  • The high costs associated with the construction aggregates industry is hampering the market growth


  • Growing demand and adoption of recycled aggregate in the North America region

The report also provides in-depth analysis of key market trends

SR Trends Impact
1 Rising investment across various infrastructure projects especially for healthcare and educational infrastructure is increasing the demand for aggregates  Positive
2 Rising innovative technologies to increase the production of aggregates with increased efficiency and quality of the material Positive
3 Government compliances and policies to source the construction material sustainably to protect the environment is hampering the market growth Negative
4 Trucking cost per mile witnessed increasing trend in US post the impact of Covid-19 since June 2020 which further impacted the margins of cement aggregate producers and suppliers. There was a marginal decline post January 2021, however, the prices are still higher as compared to previous year the Per-mile truckload costs were still  8.1% higher in February as compared to the previous year Negative
5 The leading market players across the construction aggregate industry are adopting strategic partnerships, mergers & acquisitions and joint ventures to gain a competitive edge and expand their geographic footprint Positive

The report also provides in-depth analysis of recent news developments and investments

  1. In February 2021, LafargeHolcim  acquired Edile Commerciale and Cemex Rhone Alpes, both aggregate and ready-mix concrete suppliers to strengthen the company’s position in European cities, Lyon and Milan
  2. In September 2020, Martin Marietta acquired American Concrete and 37 Mining assets to expand the company’s presence in Dallas. The deal added a sand & gravel operation, five ready-mix plants, and 150 employees to the company's operations. The acquisition will also strengthen the vertical integration model in North Texas.
  3. In June 2020, CEMEX Ventures announced it will invest in Arqlite SPC, a start-up that produces light recycled aggregates from plastic waste, with a low CO2 footprint and greater durability. The company won the CEMEX Ventures Global Construction Starup Competition 2019 challenge.

Company Profiles and Competitive Intelligence

The key players operating in the market are:

  1. Vulcan Materials Company
  2. CRH plc
  3. Martin Marietta Aggregates
  4. HeidelbergCement AG
  5. LafargeHolcim Ltd.
  6. Cemex S.A.B. de C.V.
  7. Colas Inc.
  8. MDU Resources Group, Inc.
  9. Rieth-Riley Construction Co.
  10. J.G. MacLellan Concrete Co., INC.

Frequently Asked Questions (FAQs)

The global aggregates market is anticipated to reach US$ 657.2 Bn by 2027.

The aggregates market is estimated to grow at a compound annual growth rate (CAGR) of 3.5% during 2020-2027.

In the base year 2020, Asia Pacific held the largest share in terms of consumption of aggregates.

A few key players in the smart home industry includes, but not limited to: Vulcan Materials Company, CRH plc, Martin Marietta Aggregates, HeidelbergCement AG, LafargeHolcim Ltd., Cemex S.A.B. de C.V., Colas Inc., and MDU Resources Group, Inc.

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Table of Contents

    1. Product Outline
    2. What is Aggregates
    3. Different types of Aggregates
    4. Sector Snapshot : Aggregates
    5. Aggregates  comparison with other substitutes
    6. Aggregates  and its advantages
    7. Analysis of Aggregates  Ecosystem / Value Chain
    8. Supply Chain Analysis
    9. Covid -19 Impact
    10. Market Dynamics
      1. Drivers
      2. Restraints
      3. Opportunities
      4. Threats
    11. Technology Overview
  2. Technology and Regulatory Landscape for Aggregates 
    1. Regulations and Standards
  3. Aggregates  Market by Type
    1. Sand
    2. Gravel
    3. Crushed Stone
    4. Others  
  4. Aggregates  Market by Application
    1. Commercial
    2. Residential
    3. Industrial
    4. Infrastructure
    5. Others
  5. Regional Analysis
    1. North America
      1. US
      2. Canada
    2. Europe
      1. Germany
      2. UK
      3. France
      4. Italy
      5. Spain
      6. Rest Of Europe
    3. Asia Pacific
      1. China
      2. India
      3. Japan
      4. Rest Of Asia Pacific
    4. Latin America
      1. Mexico
      2. Brazil
      3. Argentina
      4. Rest of Latin America
    5. Middle East and Africa
      1. GCC
      2. Rest of Middle East & Africa
  6. Key Strategic Insights
    1. Key Trend Analysis
    2. Opportunity Mapping
    3. Pain Point Analysis
    4. Key Strategic Insights
    5. Strategies Adopted-Benchmarking Heat Map
    6. PEST Analysis
    7. Regional Lifecycle
    8. Developed vs. Developing Economies, 2020 vs 2027
  7. Competitive Scenario
    1. Competitive Strategies of Key Players
      1. Mergers and Acquisitions
      2. Investments
      3. Joint Ventures
      4. New Product launches
    2. Strength of product portfolio
    3. Ranking of Key Players
    4. Presence of players by Geographies
  1. Vulcan Materials Company
  2. CRH plc
  3. Martin Marietta Aggregates
  4. HeidelbergCement AG
  5. LafargeHolcim Ltd.
  6. Cemex S.A.B. de C.V.
  7. Colas Inc.
  8. MDU Resources Group, Inc.
  9. Rieth-Riley Construction Co.
  10. J.G. MacLellan Concrete Co., INC.
  11. Kode Contracting
  12. Lehigh Hanson
  13. Rogers Group Inc.
  14. Luck Stone
  16. Lhoist Group
  17. New Enterprise Stone & Lime Co., Inc.
  18. Tarmac
  19. Aggregate India
  20. Summit Materials
  21. National Lime & Stone
  22. Dolese
  23. Eucon Corporation
  24. Mulzer Crushed Stone, Inc.
  25. CalPortland
  26. Granite Construction Inc.
  27. DeAtley Crushing
  28. Mitsubishi Materials Corporation
  29. H&K Group, Inc.
  30. Colorado Materials, Ltd.

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