Construction Aggregates Market, By Product Type (Crushed stone, Sand & Gravel, Other Aggregates), By Application (Commercial, Residential, Industrial, Infrastructure), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

Published In : Apr 2024

Code : CMI2163

Pages :120

Formats :

Excel and PDF

Industry : Advanced Materials

Market Challenges: Regulatory pressures and Environmental concerns

Global construction aggregates market faces challenges from regulatory pressures and environmental concerns. Strict environmental policies aimed at curbing pollution from mining operations could increase production costs. Additional costs may arise from having to adopt newer technologies or shift to quarrying in more remote locations with thicker overburden. Sourcing alternative raw materials to replace aggregates may also impact demand if these provide a lower-cost substitute.

Market Opportunities: Growing infrastructure development

Global infrastructure development spree anticipated over the next decade offers substantial potential increases in demand for construction aggregates. This includes massive investment planned for roads, bridges, urban infrastructure and housing across developing economies in Asia and Africa. Aggregates producers well-positioned to capitalize on these emerging markets can achieve expanding sales volumes and revenues.