About Construction Aggregates
Construction aggregates, generally termed as particulate material, have a size range of a few mm to more than 50 mm, and are used in the construction industry. Depending on the size of the aggregate, it is termed coarse or grained (fine). Aggregates are extensively used in the construction industry, primarily in the concrete mix to which they provide compressive strength and bulk. The aggregate used in the construction industry are commonly 20-mm in size.
Technavio’s analysts forecast the construction aggregates market in the US to grow at a CAGR of 2.76% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the construction aggregates market in the US for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
Technavio's report, Construction Aggregates Market in the US 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Construction Aggregates Market in the US 2018-2022
Technavio recognizes the following companies as the key players in the construction aggregates market in the US: CEMEX, HEIDELBERGCEMENT, LafargeHolcim, Martin Marietta, and Vulcan Materials Company.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increasing demand for recycled aggregates. The increasing demand for recycled aggregates will be a major trend gaining traction in the construction aggregates market in the US during the next few years. Owing to the adverse environmental impacts of mining construction aggregates, construction companies are preferring the usage of recycled aggregate.”
According to the report, one driver in the market is rise in construction activities in the US. Globally, construction aggregates are mainly used in concrete as a filler material to provide volume, strength, wear, and erosion resistance. Additionally, they also provide composition, specific gravity, and surface texture to the product. According to Technavio’s market research analysts, the rise in construction activities in the US will be one of the primary growth factors for the construction aggregates market in the US till 2022.
Further, the report states that one challenge in the market is high transportation costs. The process of producing construction aggregates comprises different levels. In the first step, the alluvial material is extracted from mines with the help of loaders and excavators.
CEMEX, HEIDELBERGCEMENT, LafargeHolcim, Martin Marietta, and Vulcan Materials Company.
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