The Market Reports

Synopsis
The global market for Aggregates was estimated to be worth US$ 455860 million in 2024 and is forecast to a readjusted size of US$ 583770 million by 2031 with a CAGR of 3.2% during the forecast period 2025-2031.
Aggregate is a broad category of granular materials (sand, gravel, crushed stone) sourced from pits and quarries and combined with cementitious binders (cement, asphalt) to form composite materials like concrete and asphalt . As the most‑mined resource worldwide, aggregates provide reinforcement, predictable load‑bearing properties, and hydraulic conductivity, making them indispensable for foundations, road bases, and drainage applications . Classified by size into coarse (>4.75 mm) and fine (<4.75 mm) fractions, aggregates now include recycled concrete, slag, and lightweight alternatives to meet sustainability and performance requirements in modern construction.
At the consumption level, the China region is currently the largest consumer market in the world, with a 36.40% market share in 2024, followed by India and Europe with 14.69% and 10.05% respectively. The Indian region is expected to grow the fastest in the coming years, with a CAGR of about 6.28% during 2025-2031.
On the production side, China and India are the two important production regions, holding 36.42% and 14.45% market share respectively in 2024, and the Indian region is expected to maintain the fastest growth rate in the coming years, with the share expected to reach 18.85% in 2031.
In terms of product type, crushed stone holds an important position and is expected to reach a share of 39.44% in 2031. Meanwhile in terms of application, municipal infrastructure has a share of around 49.38% in 2024 with a CAGR of around 3.56% in the coming years.
This report aims to provide a comprehensive presentation of the global market for Aggregates, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Aggregates by region & country, by Type, and by Application.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Aggregates cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
The Aggregates market size, estimations, and forecasts are provided in terms of sales volume (K MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Aggregates.
Market Segmentation
By Company
Heidelberg Materials
Holcim
Vulcan Materials
CRH
Cemex
Martin Marietta Materials
Knife River
Summit Materials
Cemros
LSR Group
Teichert
Votorantim Cimentos
Granite Construction
Rogers Group
Vicat
Arcosa
Boral
Huaxin Cement
China National Building Material Group
Anhui Conch Cement
PowerChina
China Resources Building Materials Technology
Tangshan Jidong Cement
Fujian Yuhua
Minben Group
Segment by Type
Crushed Stone
Sand
Gravel
Others
Segment by Application
Residential
Commercial
Industrial
Municipal Infrastructure
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Aggregates manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Aggregates in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Aggregates in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index