The Aggregates Market is being driven by Rising investments in construction sector
The Aggregates Market is expected to grow at a CAGR of 5.8% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 71.8 billion. The global aggregates market is experiencing a significant shift in material preferences, with pea gravel emerging as a popular alternative to traditional crushed stone in specific applications. This trend is driven by 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. Its aesthetic appeal and ability to facilitate drainage make it an ideal 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. This market dynamic underscores the importance of understanding the unique benefits of each material and their respective applications in the construction industry.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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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 |
fragmentation |
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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The Aggregates Market encompasses the study of soil aggregates, their characteristics, and their impact on soil structure and physical properties. Soil aggregate analysis assesses size distribution, stability, and formation. Mechanical breakdown and compaction influence aggregate structure and size. Carbon content, microbial effects, water content, and strength tests determine aggregate composition and stability factors. Imaging techniques, classification, and formation models aid in understanding aggregate behavior. Aggregate degradation, soil compaction, improved soil structure, and water infiltration models are significant factors influencing agricultural productivity. Plant roots, surface area, cementation, and pore space also play crucial roles in aggregate properties.
The aggregates market, a significant segment of the larger construction materials industry, encompasses companies engaged in the production of sand, gravel, crushed stone, and other coarse materials. Key performance indicators for aggregates include particle size distribution, aggregate stability index, water retention capacity, and porosity measurement methods. Market expansion will be driven by the construction sector's robust growth. The global construction materials market, comprising manufacturers of chemicals, construction materials, containers and packaging, metals and mining, and paper and forest products, has experienced substantial expansion due to the burgeoning building and construction industry. This trend is projected to persist, fueling demand for aggregates.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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