Construction aggregates are mainly used in the applications such as commercial, residential, Industrial, and infrastructure in a number of construction activities. In terms of volume, the highest CAGR of 6.1% is observed in the residential segment for the forecast period.

New York, NY -- (SBWire) -- 04/19/2017 --According to analysis results, the global construction aggregates market is estimated to reach a value of US$ 329.3 Bn by 2015 end, which is expected to expand at a CAGR of 6.0% from 2015 to 2021, to reach a market value of US$ 468.2 Bn by 2021. In terms of volume, the global construction aggregates market is estimated to register a CAGR of 4.6% over the forecast period.

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Construction aggregates are a broad category of granular materials such as crushed stone, stone, and gravel etc., which find application in construction activities. Aggregates are the world's most mined materials. Aggregates offer resistance to wear and erosion, volume stability, and other desired physical properties to the finished product.

During the forecast period, infrastructure segment is estimated to account for 40.6% share of the total construction aggregates market in 2015 (by volume) and is anticipated to expand at a healthy CAGR of 5.4% during the forecast period. By product type, sand is projected to account for 44.1% share of the total market in 2015 (by volume) and is expected to expand at a CAGR of 5.8% during the forecast period.

Among regions, China is expected to dominate the construction aggregates market throughout the forecast period, expanding at CAGR of 5.9% in terms of volume.

New trends in construction aggregates such as manufactured sand, and recycled aggregates, along with rising investment in infrastructure globally are driving growth of the global construction aggregates market; whereas high transportation costs, stringent zoning regulations, seasonal factors, and rising energy costs are expected to act as restraints to growth of the global construction aggregates market.

The growth of the construction industry, increasing construction spending, especially in developing economies such as India and the Middle East, are some of the other major market drivers.

Report outlines global upcoming construction projects and major events impacting the construction aggregates market, along with a list of the top importers and exporters of construction aggregates globally. Capacity factor analysis for each region is also included in the report. Also, construction value added as a percent of GDP for key economies have been included in the report.

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Currently, major players in the global construction aggregates market are focused towards mergers and acquisitions, and on expanding their production capacities. Key players in the global construction aggregates market included in the report are Heidelberg Cement AG, Martin Marietta Materials, Inc., LSR Group PJSC, LafargeHolcim Ltd., CEMEX S.A.B. de C.V., Vulcan Materials Company, CRH plc, and EUROCEMENT Holding AG. The reports also focus on key developments and strategies of these key market players.

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The global construction aggregates market is segmented as follows:

By Application

-Commercial
-Residential
-Industrial
-Infrastructure

By Product Type

-Crushed Stone
-Sand
-Gravel
-Other Aggregates

Regional Analysis

-North and Central America

U.S.
Canada
Mexico

-South America

Brazil
Argentina
Chile

-Northern Europe

Denmark
Estonia
Finland
Iceland
Ireland
Latvia
Lithuania
Norway
Sweden
U.K.

-Southern Europe

Italy
Macedonia
Gibraltar
Greece
France
Spain
Portugal
Albania
Serbia
Kosovo
Montenegro
Slovenia
Croatia
Austria

-CIS Countries

Azerbaijan
Armenia
Belarus
Georgia
Kazakhstan
Kyrgyzstan
Moldova
Russia
Tajikistan
Turkmenistan
Uzbekistan
Ukraine

-India
-China
-Australia and New Zealand
-Middle East

KSA
UAE
Oman
Qatar
Kuwait
Bahrain

-Africa

-Rest of Asia-pacific

Japan
Thailand
Malaysia
Indonesia
Singapore