Latest News- Aggregates Market: Concrete is expected to lead the Application segment during 2025-2029

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 undergoing a significant transformation, with pea gravel emerging as a preferred choice over traditional crushed stone in specific sectors. This trend is driven by shifting construction trends, sustainability objectives, and functional benefits. Pea gravel, characterized by its smooth, rounded stones and natural appearance, is increasingly popular in landscaping, decorative concrete, and permeable paving systems. Its aesthetic appeal and drainage capabilities make it an excellent option for residential and commercial outdoor spaces. Conversely, crushed stone, recognized for its angular edges, continues to dominate in structural applications such as road base and concrete production due to its superior compaction properties. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Application
  • Concrete
  • Road base and coverings
  • Others
• Product
  • Crushed stone
  • Sand and gravel
  • Others
• End-user
  • Residential
  • Commercial
  • Industrial
• Geography
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • North America
    • Canada
    • US
  • Middle East and Africa
  • South America

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Rising investments in construction sector
• Increasing investments in railway infrastructure
• Increasing number of smart cities

However, the market also witnesses some limitations, which are as follows:

• Illegal mining activities
• Increasing prices of aggregates
• High energy costs

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Market Scope in Aggregates Market Research Report

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Research Analysis Overview

The Aggregates Market focuses on enhancing soil fertility through various amendment strategies, including the rhizosphere microbiome, mycorrhizal fungi networks, and plant-microbe interactions. These approaches boost abiotic stress resilience and biotic stress mitigation, leading to increased nutrient use efficiency and water stress management. Crop productivity gains are achieved through sustainable intensification, resource conservation efforts, and carbon sequestration potential. Microbial diversity indices, growth promoting rhizobacteria, beneficial microbial consortia, enzyme production rates, hormone biosynthesis pathways, and signal transduction networks are essential components of these strategies. Gene expression profiling, proteomic analysis methods, and metagenomic sequencing data provide valuable insights for field performance evaluation, economic feasibility studies, environmental risk assessment, label claim substantiation, shelf-life stability studies, supply chain optimization, and sustainable sourcing practices.

Market Research Overview

The global construction materials market encompasses a range of industries and companies producing building essentials such as sand, clay, gypsum, lime, aggregates, cement, concrete, bricks, and more. Notable sectors include chemical providers for microbial inoculants and humic acid fertilizers, enhancing soil nutrient cycling and plant hormone modulation. Market expansion is fueled by the construction industry's robust growth, with the global market experiencing significant increases in recent years. This trend is expected to persist, driven by the continuous demand for infrastructure development and housing projects.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
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