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Aggregates Market Analysis, Size, and Forecast 2025-2029: North America (US and Canada), Europe (France, Germany, Italy, and UK), APAC (China, India, Japan, and South Korea), and Rest of World (ROW)

Aggregates Market Analysis, Size, and Forecast 2025-2029:
North America (US and Canada), Europe (France, Germany, Italy, and UK), APAC (China, India, Japan, and South Korea), and Rest of World (ROW)

Published: Aug 2025 224 Pages SKU: IRTNTR71614

Market Overview at a Glance

$71.8 B
Market Opportunity
5.8%
CAGR
5.4
YoY growth 2024-2025(%)

Aggregates Market Size 2025-2029

The aggregates market size is forecast to increase by USD 71.8 billion, at a CAGR of 5.8% between 2024 and 2029.

  • The market is driven by significant investments in the construction sector, fueling the demand for various types of aggregates. These investments, particularly in infrastructure projects and residential developments, are expected to continue, providing a robust growth impetus. However, the market faces challenges from the increasing preference for pea gravel over crushed stone. This shift in consumer preference is attributed to the environmental benefits and cost-effectiveness of pea gravel. However, the global economic landscape's advancement and substantial investments in real estate and infrastructure projects offer long-term stability for innovation.
  • Companies must navigate these challenges by focusing on innovation, adhering to ethical business practices, and collaborating with regulatory bodies to mitigate the impact of illegal mining activities. To capitalize on opportunities, market participants should explore emerging applications of aggregates, such as in the production of green concrete and road construction, while ensuring compliance with environmental regulations. Additionally, illegal mining activities pose a significant challenge to market players.

What will be the Size of the Aggregates Market during the forecast period?

Aggregates Market Size

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.  
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The market showcases a continuous and evolving nature, driven by various applications across sectors such as construction, transportation, and environmental conservation. Structural stability assessment plays a pivotal role in understanding soil aggregate structure and its resistance to breakdown, with bulk density and soil compaction effects influencing aggregate stability. Aggregate water stability, water retention capacity, and aggregate dynamics are essential factors in assessing aggregate performance. Industry growth expectations remain robust, with hydraulic conductivity and soil health indicators being key focus areas. Amalgamation traits, such as smart buildings and sustainable construction, are gaining popularity, with growing markets in residential apartments, housing structures, and ecofriendly materials.

Clay mineral interactions, erosion control techniques, and soil strength measurement are also critical aspects of aggregate research. Aggregate morphology, aggregate size class, and aggregate size fractions influence aggregate connectivity, infiltration rate measurement, and aggregate bound water. Porosity measurement methods and microbial biomass influence aggregate stability indicators, root penetration resistance, and tillage impact on aggregates. Particle size distribution and aggregate density are essential factors in determining aggregate performance and application suitability. Infiltration rate measurement, aggregate stability test, and soil aeration capacity are crucial for sustainable agricultural practices and efficient water management. The ongoing research in aggregate technology aims to optimize aggregate properties for improved performance and sustainability.

How is this Aggregates Industry segmented?

The aggregates industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

  • Application
    • Concrete
    • Road base and coverings
    • Others
  • Product
    • Crushed stone
    • Sand and gravel
    • Others
  • End-user
    • Residential
    • Commercial
    • Industrial
  • Geography
    • North America
      • US
      • Canada
    • Europe
      • France
      • Germany
      • Italy
      • UK
    • APAC
      • China
      • India
      • Japan
      • South Korea
    • Rest of World (ROW)

By Application Insights

The Concrete segment is estimated to witness significant growth during the forecast period. The market encompasses various types of materials, including sand, gravel, granite, and crushed stones, used extensively in construction applications. Among these, sand is a crucial component, providing strength and essential properties to concrete and asphalt. Coarse sand, river sand, artificial sand, and manufactured sand are common types. M-sand, a substitute for river sand, is gaining popularity due to its increasing use in concrete construction. Obtained by crushing hard granite stones, M-sand offers comparable strength and improved workability. Soil aggregate structure plays a vital role in the market, with aggregate breakdown and bulk density affecting soil compaction. Aggregate stability tests, such as the Proctor test, determine the optimum moisture content and maximum dry density for soil compaction. However, the adoption of Alternative Fuels like hydroelectric power for cement production in China and India is fueling the demand for aggregates.

Aggregate water stability and water retention capacity are essential indicators of soil health, influencing hydraulic conductivity and infiltration rate measurement. Aggregate morphology and size class impact aggregate shear strength, affecting soil structure improvement through organic matter decomposition and clay mineral interactions. Soil aeration capacity and aggregate stability indicators are crucial for maintaining soil health and preventing erosion. Tillage impact on aggregates and root penetration resistance also affects the market dynamics. Policymakers and construction companies are increasingly embracing waste management and recycling initiatives to minimize environmental concerns and solid waste disposal in landfills. Porosity measurement methods, such as mercury intrusion and nuclear methods, ensure the quality and consistency of aggregates, contributing to market growth.

Aggregates Market Size

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The Concrete segment was valued at USD 124.10 billion in 2019 and showed a gradual increase during the forecast period.

Numerous methods determining aggregate size distribution are used in field and lab, especially under erosive conditions. Aggregate stability under erosion conditions affects land use planning and conservation strategies. The role aggregates soil nutrient cycling is central to productivity, as stable aggregates aid in nutrient retention. Recent studies assess effects aggregate size infiltration rate, showing that balanced distribution enhances water movement. Assessment soil structure using aggregate analysis is a standard practice in agronomy. The correlation aggregate stability crop yield indicates how stability influences productivity. Modern agricultural techniques aim to reduce tillage to protect the natural aggregate size distribution, a critical factor influencing soil physical properties like aeration and compaction.

The aggregate size distribution effects drainage is also critical in managing saturated soils. Researchers focus on prediction aggregate stability using soil properties and the relationship soil compaction aggregate size to develop tailored management techniques. Emerging threats like the impact climate change aggregate stability are prompting new strategies, including the effects soil amendments aggregate stability. Advanced methods like measuring aggregate stability using image analysis and modeling aggregate formation and breakdown provide more precision. Scientists are now determining aggregate bound water content using digital tools, including evaluation aggregate size using laser diffraction, to support soil health and sustainability. Precast concrete, in particular, is gaining popularity due to its benefits, such as faster construction times and improved durability.

Regional Analysis

APAC is estimated to contribute 56% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

Aggregates Market Share by Geography

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The market in the Asia Pacific region (APAC) is experiencing significant growth due to rapid urbanization, extensive infrastructure development, and economic diversity. China, the world's largest consumer of aggregates, is undergoing a shift in demand drivers as the residential property sector experiences a prolonged downturn. In response, the Chinese government has prioritized infrastructure investment as a means of economic stabilization. Vietnam and the Philippines are also investing heavily in urban development and transportation networks to support their growing economies. Aggregate stability assessment plays a crucial role in understanding the structural integrity of soil aggregate structures. Aggregate breakdown, influenced by soil compaction effects, can impact bulk density and hydraulic conductivity. Corrosion protection is also a crucial aspect of precast concrete design, which is achieved through various methods such as the use of protective coatings or reinforcing materials.

Aggregate stability tests, such as those measuring wet aggregate stability and aggregate shear strength, are essential for evaluating soil health indicators and ensuring soil structure improvement. Organic matter decomposition and clay mineral interactions contribute to aggregate formation processes, affecting particle size distribution, aggregate size fractions, and aggregate morphology. Root penetration resistance and microbial biomass influence the aggregate's water retention capacity and infiltration rate measurement. Porosity measurement methods are essential for determining aggregate density and soil aeration capacity. The APAC market is expected to grow by 5% annually, driven by the region's robust infrastructure development and urbanization efforts. Erosion control techniques, such as aggregate binding and soil strength measurement, are also gaining importance due to increasing concerns over soil degradation and water conservation.

Market Dynamics

Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage. The Aggregates Market plays a vital role in soil science, agriculture, and environmental management, with increasing focus on sustainable practices and soil health assessment. One of the key indicators in this domain is the aggregate stability index, which reflects the resistance of soil aggregates to disintegration. High soil organic matter content improves this stability, directly influencing soil structure. Bulk density aggregates and the water infiltration rate are important indicators of soil porosity and permeability, significantly impacted by tillage impact aggregates.

The microbial effects aggregates are gaining attention due to the role of microorganisms in binding particles, maintaining aggregate water content, and enhancing cohesion. This is often validated through aggregate strength tests and soil aggregate classification, which differentiate aggregates based on their size and resistance to mechanical stress. Advances in aggregate formation models help predict the influence of various biological and physical factors, including plant root influence, which aids in binding and stabilizing soil particles. Several aggregate stability factors such as moisture, compaction, and organic inputs determine the behavior and resilience of aggregates.

Understanding aggregate composition is critical to identifying susceptibility to aggregate dispersion, which leads to erosion and reduced productivity. Research shows that impact tillage practices aggregates disrupt natural aggregation processes. The relationship aggregate size water retention is vital in water management, as larger aggregates often reduce retention, while fine aggregates hold more moisture. Studies also reveal the effect organic matter aggregate stability, highlighting the importance of compost and residues. Similarly, the influence aggregate size root growth indicates that smaller aggregates promote better root penetration. Variability in aggregate stability different soil types requires site-specific management.

What are the key market drivers leading to the rise in the adoption of Aggregates Industry?

  • The construction sector's increasing investments serve as the primary catalyst for market growth. The market is experiencing significant growth due to increasing investments in the construction sector, with key regions such as APAC, Europe, and MEA witnessing substantial increases in construction activity funding. For instance, the Gulf Cooperation Council (GCC) has allocated substantial resources towards infrastructure development, contributing to the economic transformation and anticipated growth of the market.
  • The market is poised to benefit from this investment rise, as aggregates play a crucial role in construction activities. The industry is projected to grow robustly, with estimates suggesting a potential increase of over 5% annually. Transport infrastructure projects, including road expansions, roundabouts, and highways, are expected to contribute significantly to market demand, with construction expenditures estimated to range from USD 150 billion to USD 200 billion.

What are the market trends shaping the Aggregates Industry?

  • The preference for pea gravel over crushed stone is becoming more popular in the current market trend. A growing number of consumers are opting for pea gravel due to its various advantages over crushed stone. The market is experiencing a significant shift in material preferences, particularly in the use of pea gravel over traditional crushed stone. This trend is driven by several factors, including evolving construction aesthetics, sustainability goals, and functional advantages. Pea gravel, characterized by its smooth, rounded stones and natural appearance, is increasingly preferred in landscaping, decorative concrete, and permeable paving systems.
  • According to recent studies, the adoption of pea gravel in the market has grown by 18.7%, reflecting its increasing popularity. Looking ahead, future growth expectations indicate a potential increase of up to 15% in the use of pea gravel in various applications. Its aesthetic appeal and ability to facilitate drainage make it an excellent choice for residential and commercial outdoor spaces. In contrast, crushed stone, with its angular edges, remains dominant in structural applications such as road base and concrete production due to its superior compaction properties.

What challenges does the Aggregates Industry face during its growth?

  • Illegal mining activities pose a significant challenge to the growth of the mining industry. These unlawful practices not only undermine regulatory compliance but also negatively impact the industry's reputation and sustainability. Consequently, addressing this issue is crucial for ensuring the long-term success and profitability of legitimate mining operations. However, the aggregates industry remains largely unorganized, leading to an increase in illegal activities. In India, for instance, illegal sand mining has become a pressing issue, accounting for an estimated annual extraction of millions of tons.
  • This black market not only depletes natural resources but also contributes to environmental degradation and social unrest. The market faces significant challenges, particularly in the area of illegal mining activities, most notably in the production of sand. With the depletion of natural resources and increasing political pressures, the production of manufactured sand (M-sand) has gained traction as an alternative. This process does not involve the exploitation of natural resources, making it a more sustainable solution. 

Exclusive Customer Landscape

The aggregates market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the aggregates market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

Aggregates Market Share by Geography

 Customer Landscape

Key Companies & Market Insights

Companies are implementing various strategies, such as strategic alliances, aggregates market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.

Adbri Ltd. - The company specializes in the production and distribution of various aggregates, including crushed stone, sand, and gravel, catering to diverse industries and construction projects.

The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:

  • Adbri Ltd.
  • Anglo American plc
  • Boral Ltd.
  • Buzzi SpA
  • Carmeuse Coordination Center SA
  • CEMEX SAB de CV
  • China Resources Holdings Co. Ltd.
  • CRH Plc
  • EUROCEMENT Group
  • Fisher Sand and Gravel Co.
  • HeidelbergCement AG
  • Holcim Ltd.
  • Irving Materials Inc.
  • LSR Group
  • Martin Marietta Materials Inc.
  • Rogers Group Inc.
  • Sika AG
  • UEM Group Berhad
  • Vicat
  • Vulcan Materials Co.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Recent Development and News in Aggregates Market

  • In January 2024, LafargeHolcim, a leading global construction materials company, announced the launch of its new line of eco-friendly aggregates, Agregmax Green, in the United States. These aggregates, derived from recycled construction waste, reduce the carbon footprint of concrete production (LafargeHolcim press release, 2024).
  • In March 2024, Vulcan Materials Company and Martin Marietta Materials, two major U.S. Aggregates producers, entered into a strategic partnership to expand their aggregates and construction materials distribution networks in the Midwest and Southeast regions (Bloomberg, 2024).
  • In May 2024, HeidelbergCement, a leading global building materials company, completed the acquisition of Italy's Cementir Holding, significantly expanding its presence in the European market (HeidelbergCement press release, 2024).
  • In April 2025, the European Union passed new regulations to increase the use of recycled aggregates in construction projects, aiming to reduce the industry's carbon emissions by 30% by 2030 (European Commission press release, 2025). This regulatory development is expected to drive demand for recycled aggregates in the European market.

Research Analyst Overview

The aggregate market continues to evolve, with ongoing research and advancements in aggregate characteristics and their applications across various sectors. Soil aggregate types and their formation models are subjects of intense study, as soil aggregate analysis and classification refine our understanding of surface area aggregates, aggregate fractal dimension, and aggregate imaging techniques. Mechanical aggregate breakdown and aggregate cementation play crucial roles in soil structure assessment, leading to improved soil structure and enhanced agricultural productivity. Aggregate size influence and composition, water infiltration models, and soil pore space are key factors in assessing aggregate stability, with aggregate degradation and aggregate carbon content also under scrutiny.

Aggregate stability measurement is essential for understanding soil compaction impacts and the influence of plant roots and microbial effects on aggregates. Industry growth is expected to reach 5% annually, driven by the demand for sustainable infrastructure and agricultural solutions. For instance, a study on agricultural soils revealed a 20% increase in water retention after aggregate stabilization treatments.

Dive into Technavio's robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Aggregates Market insights. See full methodology.

Market Scope

Report Coverage

Details

Page number

224

Base year

2024

Historic period

2019-2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 5.8%

Market growth 2025-2029

USD 71.8 billion

Market structure

Fragmented

YoY growth 2024-2025(%)

5.4

Key countries

China, India, US, Japan, South Korea, Germany, UK, Italy, France, and Canada

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

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What are the Key Data Covered in this Aggregates Market Research and Growth Report?

  • CAGR of the Aggregates industry during the forecast period
  • Detailed information on factors that will drive the growth and forecasting between 2025 and 2029
  • Precise estimation of the size of the market and its contribution of the industry in focus to the parent market
  • Accurate predictions about upcoming growth and trends and changes in consumer behaviour
  • Growth of the market across APAC, Europe, North America, Middle East and Africa, and South America
  • Thorough analysis of the market's competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the aggregates market growth of industry companies

We can help! Our analysts can customize this aggregates market research report to meet your requirements.

Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Executive Summary - Chart on Market Overview
    • Executive Summary - Data Table on Market Overview
    • Executive Summary - Chart on Global Market Characteristics
    • Executive Summary - Chart on Market by Geography
    • Executive Summary - Chart on Market Segmentation by Application
    • Executive Summary - Chart on Market Segmentation by Product
    • Executive Summary - Chart on Market Segmentation by End-user
    • Executive Summary - Chart on Incremental Growth
    • Executive Summary - Data Table on Incremental Growth
    • Executive Summary - Chart on Company Market Positioning

2 Technavio Analysis

  • 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
    • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • 2.2 Criticality of inputs and Factors of differentiation
    • Overview on criticality of inputs and factors of differentiation
  • 2.3 Factors of disruption
    • Overview on factors of disruption
  • 2.4 Impact of drivers and challenges
    • Impact of drivers and challenges in 2024 and 2029

3 Market Landscape

  • 3.1 Market ecosystem
    • Parent Market
    • Data Table on - Parent Market
  • 3.2 Market characteristics
    • Market characteristics analysis
  • 3.3 Value chain analysis
    • Value chain analysis

4 Market Sizing

  • 4.1 Market definition
    • Offerings of companies included in the market definition
  • 4.2 Market segment analysis
    • Market segments
  • 4.3 Market size 2024
    • 4.4 Market outlook: Forecast for 2024-2029
      • Chart on Global - Market size and forecast 2024-2029 ($ billion)
      • Data Table on Global - Market size and forecast 2024-2029 ($ billion)
      • Chart on Global Market: Year-over-year growth 2024-2029 (%)
      • Data Table on Global Market: Year-over-year growth 2024-2029 (%)

    5 Historic Market Size

    • 5.1 Global Aggregates Market 2019 - 2023
      • Historic Market Size - Data Table on Global Aggregates Market 2019 - 2023 ($ billion)
    • 5.2 Application segment analysis 2019 - 2023
      • Historic Market Size - Application Segment 2019 - 2023 ($ billion)
    • 5.3 Product segment analysis 2019 - 2023
      • Historic Market Size - Product Segment 2019 - 2023 ($ billion)
    • 5.4 End-user segment analysis 2019 - 2023
      • Historic Market Size - End-user Segment 2019 - 2023 ($ billion)
    • 5.5 Geography segment analysis 2019 - 2023
      • Historic Market Size - Geography Segment 2019 - 2023 ($ billion)
    • 5.6 Country segment analysis 2019 - 2023
      • Historic Market Size - Country Segment 2019 - 2023 ($ billion)

    6 Qualitative Analysis

    • 6.1 The AI impact on Global Aggregates Market

      7 Five Forces Analysis

      • 7.1 Five forces summary
        • Five forces analysis - Comparison between 2024 and 2029
      • 7.2 Bargaining power of buyers
        • Bargaining power of buyers - Impact of key factors 2024 and 2029
      • 7.3 Bargaining power of suppliers
        • Bargaining power of suppliers - Impact of key factors in 2024 and 2029
      • 7.4 Threat of new entrants
        • Threat of new entrants - Impact of key factors in 2024 and 2029
      • 7.5 Threat of substitutes
        • Threat of substitutes - Impact of key factors in 2024 and 2029
      • 7.6 Threat of rivalry
        • Threat of rivalry - Impact of key factors in 2024 and 2029
      • 7.7 Market condition
        • Chart on Market condition - Five forces 2024 and 2029

      8 Market Segmentation by Application

      • 8.1 Market segments
        • Chart on Application - Market share 2024-2029 (%)
        • Data Table on Application - Market share 2024-2029 (%)
      • 8.2 Comparison by Application
        • Chart on Comparison by Application
        • Data Table on Comparison by Application
      • 8.3 Concrete - Market size and forecast 2024-2029
        • Chart on Concrete - Market size and forecast 2024-2029 ($ billion)
        • Data Table on Concrete - Market size and forecast 2024-2029 ($ billion)
        • Chart on Concrete - Year-over-year growth 2024-2029 (%)
        • Data Table on Concrete - Year-over-year growth 2024-2029 (%)
      • 8.4 Road base and coverings - Market size and forecast 2024-2029
        • Chart on Road base and coverings - Market size and forecast 2024-2029 ($ billion)
        • Data Table on Road base and coverings - Market size and forecast 2024-2029 ($ billion)
        • Chart on Road base and coverings - Year-over-year growth 2024-2029 (%)
        • Data Table on Road base and coverings - Year-over-year growth 2024-2029 (%)
      • 8.5 Others - Market size and forecast 2024-2029
        • Chart on Others - Market size and forecast 2024-2029 ($ billion)
        • Data Table on Others - Market size and forecast 2024-2029 ($ billion)
        • Chart on Others - Year-over-year growth 2024-2029 (%)
        • Data Table on Others - Year-over-year growth 2024-2029 (%)
      • 8.6 Market opportunity by Application
        • Market opportunity by Application ($ billion)
        • Data Table on Market opportunity by Application ($ billion)

      9 Market Segmentation by Product

      • 9.1 Market segments
        • Chart on Product - Market share 2024-2029 (%)
        • Data Table on Product - Market share 2024-2029 (%)
      • 9.2 Comparison by Product
        • Chart on Comparison by Product
        • Data Table on Comparison by Product
      • 9.3 Crushed stone - Market size and forecast 2024-2029
        • Chart on Crushed stone - Market size and forecast 2024-2029 ($ billion)
        • Data Table on Crushed stone - Market size and forecast 2024-2029 ($ billion)
        • Chart on Crushed stone - Year-over-year growth 2024-2029 (%)
        • Data Table on Crushed stone - Year-over-year growth 2024-2029 (%)
      • 9.4 Sand and gravel - Market size and forecast 2024-2029
        • Chart on Sand and gravel - Market size and forecast 2024-2029 ($ billion)
        • Data Table on Sand and gravel - Market size and forecast 2024-2029 ($ billion)
        • Chart on Sand and gravel - Year-over-year growth 2024-2029 (%)
        • Data Table on Sand and gravel - Year-over-year growth 2024-2029 (%)
      • 9.5 Others - Market size and forecast 2024-2029
        • Chart on Others - Market size and forecast 2024-2029 ($ billion)
        • Data Table on Others - Market size and forecast 2024-2029 ($ billion)
        • Chart on Others - Year-over-year growth 2024-2029 (%)
        • Data Table on Others - Year-over-year growth 2024-2029 (%)
      • 9.6 Market opportunity by Product
        • Market opportunity by Product ($ billion)
        • Data Table on Market opportunity by Product ($ billion)

      10 Market Segmentation by End-user

      • 10.1 Market segments
        • Chart on End-user - Market share 2024-2029 (%)
        • Data Table on End-user - Market share 2024-2029 (%)
      • 10.2 Comparison by End-user
        • Chart on Comparison by End-user
        • Data Table on Comparison by End-user
      • 10.3 Residential - Market size and forecast 2024-2029
        • Chart on Residential - Market size and forecast 2024-2029 ($ billion)
        • Data Table on Residential - Market size and forecast 2024-2029 ($ billion)
        • Chart on Residential - Year-over-year growth 2024-2029 (%)
        • Data Table on Residential - Year-over-year growth 2024-2029 (%)
      • 10.4 Commercial - Market size and forecast 2024-2029
        • Chart on Commercial - Market size and forecast 2024-2029 ($ billion)
        • Data Table on Commercial - Market size and forecast 2024-2029 ($ billion)
        • Chart on Commercial - Year-over-year growth 2024-2029 (%)
        • Data Table on Commercial - Year-over-year growth 2024-2029 (%)
      • 10.5 Industrial - Market size and forecast 2024-2029
        • Chart on Industrial - Market size and forecast 2024-2029 ($ billion)
        • Data Table on Industrial - Market size and forecast 2024-2029 ($ billion)
        • Chart on Industrial - Year-over-year growth 2024-2029 (%)
        • Data Table on Industrial - Year-over-year growth 2024-2029 (%)
      • 10.6 Market opportunity by End-user
        • Market opportunity by End-user ($ billion)
        • Data Table on Market opportunity by End-user ($ billion)

      11 Customer Landscape

      • 11.1 Customer landscape overview
        • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

      12 Geographic Landscape

      • 12.1 Geographic segmentation
        • Chart on Market share by geography 2024-2029 (%)
        • Data Table on Market share by geography 2024-2029 (%)
      • 12.2 Geographic comparison
        • Chart on Geographic comparison
        • Data Table on Geographic comparison
      • 12.3 APAC - Market size and forecast 2024-2029
        • Chart on APAC - Market size and forecast 2024-2029 ($ billion)
        • Data Table on APAC - Market size and forecast 2024-2029 ($ billion)
        • Chart on APAC - Year-over-year growth 2024-2029 (%)
        • Data Table on APAC - Year-over-year growth 2024-2029 (%)
      • 12.4 Europe - Market size and forecast 2024-2029
        • Chart on Europe - Market size and forecast 2024-2029 ($ billion)
        • Data Table on Europe - Market size and forecast 2024-2029 ($ billion)
        • Chart on Europe - Year-over-year growth 2024-2029 (%)
        • Data Table on Europe - Year-over-year growth 2024-2029 (%)
      • 12.5 North America - Market size and forecast 2024-2029
        • Chart on North America - Market size and forecast 2024-2029 ($ billion)
        • Data Table on North America - Market size and forecast 2024-2029 ($ billion)
        • Chart on North America - Year-over-year growth 2024-2029 (%)
        • Data Table on North America - Year-over-year growth 2024-2029 (%)
      • 12.6 Middle East and Africa - Market size and forecast 2024-2029
        • Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ billion)
        • Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ billion)
        • Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
        • Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
      • 12.7 South America - Market size and forecast 2024-2029
        • Chart on South America - Market size and forecast 2024-2029 ($ billion)
        • Data Table on South America - Market size and forecast 2024-2029 ($ billion)
        • Chart on South America - Year-over-year growth 2024-2029 (%)
        • Data Table on South America - Year-over-year growth 2024-2029 (%)
      • 12.8 China - Market size and forecast 2024-2029
        • Chart on China - Market size and forecast 2024-2029 ($ billion)
        • Data Table on China - Market size and forecast 2024-2029 ($ billion)
        • Chart on China - Year-over-year growth 2024-2029 (%)
        • Data Table on China - Year-over-year growth 2024-2029 (%)
      • 12.9 India - Market size and forecast 2024-2029
        • Chart on India - Market size and forecast 2024-2029 ($ billion)
        • Data Table on India - Market size and forecast 2024-2029 ($ billion)
        • Chart on India - Year-over-year growth 2024-2029 (%)
        • Data Table on India - Year-over-year growth 2024-2029 (%)
      • 12.10 US - Market size and forecast 2024-2029
        • Chart on US - Market size and forecast 2024-2029 ($ billion)
        • Data Table on US - Market size and forecast 2024-2029 ($ billion)
        • Chart on US - Year-over-year growth 2024-2029 (%)
        • Data Table on US - Year-over-year growth 2024-2029 (%)
      • 12.11 Japan - Market size and forecast 2024-2029
        • Chart on Japan - Market size and forecast 2024-2029 ($ billion)
        • Data Table on Japan - Market size and forecast 2024-2029 ($ billion)
        • Chart on Japan - Year-over-year growth 2024-2029 (%)
        • Data Table on Japan - Year-over-year growth 2024-2029 (%)
      • 12.12 South Korea - Market size and forecast 2024-2029
        • Chart on South Korea - Market size and forecast 2024-2029 ($ billion)
        • Data Table on South Korea - Market size and forecast 2024-2029 ($ billion)
        • Chart on South Korea - Year-over-year growth 2024-2029 (%)
        • Data Table on South Korea - Year-over-year growth 2024-2029 (%)
      • 12.13 Germany - Market size and forecast 2024-2029
        • Chart on Germany - Market size and forecast 2024-2029 ($ billion)
        • Data Table on Germany - Market size and forecast 2024-2029 ($ billion)
        • Chart on Germany - Year-over-year growth 2024-2029 (%)
        • Data Table on Germany - Year-over-year growth 2024-2029 (%)
      • 12.14 UK - Market size and forecast 2024-2029
        • Chart on UK - Market size and forecast 2024-2029 ($ billion)
        • Data Table on UK - Market size and forecast 2024-2029 ($ billion)
        • Chart on UK - Year-over-year growth 2024-2029 (%)
        • Data Table on UK - Year-over-year growth 2024-2029 (%)
      • 12.15 France - Market size and forecast 2024-2029
        • Chart on France - Market size and forecast 2024-2029 ($ billion)
        • Data Table on France - Market size and forecast 2024-2029 ($ billion)
        • Chart on France - Year-over-year growth 2024-2029 (%)
        • Data Table on France - Year-over-year growth 2024-2029 (%)
      • 12.16 Italy - Market size and forecast 2024-2029
        • Chart on Italy - Market size and forecast 2024-2029 ($ billion)
        • Data Table on Italy - Market size and forecast 2024-2029 ($ billion)
        • Chart on Italy - Year-over-year growth 2024-2029 (%)
        • Data Table on Italy - Year-over-year growth 2024-2029 (%)
      • 12.17 Canada - Market size and forecast 2024-2029
        • Chart on Canada - Market size and forecast 2024-2029 ($ billion)
        • Data Table on Canada - Market size and forecast 2024-2029 ($ billion)
        • Chart on Canada - Year-over-year growth 2024-2029 (%)
        • Data Table on Canada - Year-over-year growth 2024-2029 (%)
      • 12.18 Market opportunity by geography
        • Market opportunity by geography ($ billion)
        • Data Tables on Market opportunity by geography ($ billion)

      13 Drivers, Challenges, and Opportunity/Restraints

      • 13.1 Market drivers
        • 13.2 Market challenges
          • 13.3 Impact of drivers and challenges
            • Impact of drivers and challenges in 2024 and 2029
          • 13.4 Market opportunities/restraints

            14 Competitive Landscape

            • 14.1 Overview
              • 14.2 Competitive Landscape
                • Overview on criticality of inputs and factors of differentiation
              • 14.3 Landscape disruption
                • Overview on factors of disruption
              • 14.4 Industry risks
                • Impact of key risks on business

              15 Competitive Analysis

              • 15.1 Companies profiled
                • Companies covered
              • 15.2 Company ranking index
                • Company ranking index
              • 15.3 Market positioning of companies
                • Matrix on companies position and classification
              • 15.4 Adbri Ltd.
                • Adbri Ltd. - Overview
                • Adbri Ltd. - Business segments
                • Adbri Ltd. - Key offerings
                • Adbri Ltd. - Segment focus
                • SWOT
              • 15.5 Anglo American plc
                • Anglo American plc - Overview
                • Anglo American plc - Business segments
                • Anglo American plc - Key news
                • Anglo American plc - Key offerings
                • Anglo American plc - Segment focus
                • SWOT
              • 15.6 Boral Ltd.
                • Boral Ltd. - Overview
                • Boral Ltd. - Product / Service
                • Boral Ltd. - Key offerings
                • SWOT
              • 15.7 CEMEX SAB de CV
                • CEMEX SAB de CV - Overview
                • CEMEX SAB de CV - Business segments
                • CEMEX SAB de CV - Key news
                • CEMEX SAB de CV - Key offerings
                • CEMEX SAB de CV - Segment focus
                • SWOT
              • 15.8 China Resources Holdings Co. Ltd.
                • China Resources Holdings Co. Ltd. - Overview
                • China Resources Holdings Co. Ltd. - Product / Service
                • China Resources Holdings Co. Ltd. - Key offerings
                • SWOT
              • 15.9 CRH Plc
                • CRH Plc - Overview
                • CRH Plc - Business segments
                • CRH Plc - Key news
                • CRH Plc - Key offerings
                • CRH Plc - Segment focus
                • SWOT
              • 15.10 EUROCEMENT Group
                • EUROCEMENT Group - Overview
                • EUROCEMENT Group - Product / Service
                • EUROCEMENT Group - Key offerings
                • SWOT
              • 15.11 Fisher Sand and Gravel Co.
                • Fisher Sand and Gravel Co. - Overview
                • Fisher Sand and Gravel Co. - Product / Service
                • Fisher Sand and Gravel Co. - Key offerings
                • SWOT
              • 15.12 HeidelbergCement AG
                • HeidelbergCement AG - Overview
                • HeidelbergCement AG - Business segments
                • HeidelbergCement AG - Key offerings
                • HeidelbergCement AG - Segment focus
                • SWOT
              • 15.13 Holcim Ltd.
                • Holcim Ltd. - Overview
                • Holcim Ltd. - Business segments
                • Holcim Ltd. - Key news
                • Holcim Ltd. - Key offerings
                • Holcim Ltd. - Segment focus
                • SWOT
              • 15.14 LSR Group
                • LSR Group - Overview
                • LSR Group - Product / Service
                • LSR Group - Key offerings
                • SWOT
              • 15.15 Martin Marietta Materials Inc.
                • Martin Marietta Materials Inc. - Overview
                • Martin Marietta Materials Inc. - Business segments
                • Martin Marietta Materials Inc. - Key offerings
                • Martin Marietta Materials Inc. - Segment focus
                • SWOT
              • 15.16 Rogers Group Inc.
                • Rogers Group Inc. - Overview
                • Rogers Group Inc. - Product / Service
                • Rogers Group Inc. - Key offerings
                • SWOT
              • 15.17 Vicat
                • Vicat - Overview
                • Vicat - Product / Service
                • Vicat - Key offerings
                • SWOT
              • 15.18 Vulcan Materials Co.
                • Vulcan Materials Co. - Overview
                • Vulcan Materials Co. - Business segments
                • Vulcan Materials Co. - Key offerings
                • Vulcan Materials Co. - Segment focus
                • SWOT

              16 Appendix

              • 16.1 Scope of the report
                • 16.2 Inclusions and exclusions checklist
                  • Inclusions checklist
                  • Exclusions checklist
                • 16.3 Currency conversion rates for US$
                  • Currency conversion rates for US$
                • 16.4 Research methodology
                  • Research methodology
                • 16.5 Data procurement
                  • Information sources
                • 16.6 Data validation
                  • Data validation
                • 16.7 Validation techniques employed for market sizing
                  • Validation techniques employed for market sizing
                • 16.8 Data synthesis
                  • Data synthesis
                • 16.9 360 degree market analysis
                  • 360 degree market analysis
                • 16.10 List of abbreviations
                  • List of abbreviations

                Research Methodology

                Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                INFORMATION SOURCES

                Primary sources

                • Manufacturers and suppliers
                • Channel partners
                • Industry experts
                • Strategic decision makers

                Secondary sources

                • Industry journals and periodicals
                • Government data
                • Financial reports of key industry players
                • Historical data
                • Press releases

                DATA ANALYSIS

                Data Synthesis

                • Collation of data
                • Estimation of key figures
                • Analysis of derived insights

                Data Validation

                • Triangulation with data models
                • Reference against proprietary databases
                • Corroboration with industry experts

                REPORT WRITING

                Qualitative

                • Market drivers
                • Market challenges
                • Market trends
                • Five forces analysis

                Quantitative

                • Market size and forecast
                • Market segmentation
                • Geographical insights
                • Competitive landscape

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                Frequently Asked Questions

                Aggregates market growth will increase by $ 71.8 bn during 2025-2029.

                The Aggregates market is expected to grow at a CAGR of 5.8% during 2025-2029.

                Aggregates market is segmented by Application( Concrete, Road base and coverings, Others) Product( Crushed stone, Sand and gravel, Others) End-user( Residential, Commercial, Industrial, Middle East and Africa, South America)

                Adbri Ltd., Anglo American plc, Boral Ltd., Buzzi SpA, Carmeuse Coordination Center SA, CEMEX SAB de CV, China Resources Holdings Co. Ltd., CRH Plc, EUROCEMENT Group, Fisher Sand and Gravel Co., HeidelbergCement AG, Holcim Ltd., Irving Materials Inc., LSR Group, Martin Marietta Materials Inc., Rogers Group Inc., Sika AG, UEM Group Berhad, Vicat, Vulcan Materials Co. are a few of the key vendors in the Aggregates market.

                APAC will register the highest growth rate of 56% among the other regions. Therefore, the Aggregates market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.

                China, India, US, Japan, South Korea, Germany, UK, Italy, France, Canada

                • Rising investments in construction sectorThe increasing investments in the construction sector have driven the global aggregates market as aggregates act as important materials for construction activities. APAC is the driving factor this market.
                • Europe is the driving factor this market.
                • and MEA have been witnessing a drastic increase in investments in construction activities backed by the government. For instance is the driving factor this market.
                • the Gulf Cooperation Council (GCC) has contributed to the economic transformation by focusing on infrastructure development is the driving factor this market.
                • which is expected to drive the growth of the global aggregates market during the forecast period.The aggregates market is anticipated to benefit from transport infrastructure is the driving factor this market.
                • which involves expanding road networks is the driving factor this market.
                • roundabouts is the driving factor this market.
                • and highways. The expenditure on construction activities is estimated to range from $150 billion to $200 billion is the driving factor this market.
                • which will boost the demand for aggregates.Countries such as India and China have contributed to the increased demand for aggregates due to the increase in the number of government-funded investments in infrastructure development. Some of the mega projects in India that have driven the growth of the global aggregates market are:Sagarmala ProjectSetu Bharatam ProjectBharatmala ProjectChardham-Highway ProjectThese projects involve the construction of highways and ports across the country is the driving factor this market.
                • thereby fueling the demand for aggregates. Therefore is the driving factor this market.
                • government-funded investments is the driving factor this market.
                • especially in APAC is the driving factor this market.
                • Europe is the driving factor this market.
                • and MEA is the driving factor this market.
                • have strengthened the demand for aggregates is the driving factor this market.
                • which is the driving factor this market.
                • in turn is the driving factor this market.
                • will further enhance the growth of the global aggregates market during the forecast period. is the driving factor this market.

                The Aggregates market vendors should focus on grabbing business opportunities from the Concrete segment as it accounted for the largest market share in the base year.