Aggregates Market

By Type;

Crushed Stone, Sand, Gravel and Others

By Aggregates Application;

Concrete, Road Base & Coverings and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn650476553 Published Date: September, 2025 Updated Date: October, 2025

Aggregates Market Overview

Aggregates Market (USD Million)

Aggregates Market was valued at USD 545,973.07 million in the year 2024. The size of this market is expected to increase to USD 689,945.82 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.4%.


Aggregates Market

*Market size in USD million

CAGR 3.4 %


Study Period2025 - 2031
Base Year2024
CAGR (%)3.4 %
Market Size (2024)USD 545,973.07 Million
Market Size (2031)USD 689,945.82 Million
Market ConcentrationHigh
Report Pages312
545,973.07
2024
689,945.82
2031

Major Players

  • Cement Industries of Malaysia Berhad
  • CEMEX SAB de CV
  • China Resources Cement Holdings Limited
  • EUROCEMENT Group
  • HEIDELBERGCEMENT AG
  • LafargeHolcim
  • LSR Group
  • Martin Marietta
  • Tarmac
  • Vulcan Materials Company

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Aggregates Market

Fragmented - Highly competitive market without dominant players


The Aggregates Market is experiencing steady growth, driven by its indispensable role in construction and infrastructure projects. Comprising sand, gravel, and crushed stone, aggregates serve as the backbone of modern development activities. Currently, more than 60% of total construction materials worldwide consist of aggregates, emphasizing their importance in urban expansion, road building, and industrial applications.

Rising utilization in construction
Construction continues to dominate aggregate consumption, representing nearly 70% of total usage. Increasing investment in residential housing, commercial projects, and large-scale infrastructure is boosting demand for these essential raw materials. Their consistent performance in durability and strength makes aggregates a foundation for reliable and long-lasting construction projects.

Advancements in production technologies
Ongoing innovations in crushing and screening equipment are reshaping aggregate manufacturing by enhancing efficiency and output quality. Nearly 40% of producers have already integrated advanced systems that minimize material loss and improve uniformity. Such technological advancements ensure aggregates meet the evolving standards of modern architecture while improving sustainability in production processes.

Strategic partnerships fueling growth
Collaborative partnerships between aggregate suppliers and construction companies are playing a pivotal role in shaping the industry’s progress. Around 30% of recent collaborations focus on sustainable sourcing practices and improved logistics. These efforts are strengthening supply chain resilience while encouraging eco-friendly solutions that align with the increasing demand for sustainable construction.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Aggregates Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Infrastructure Development
        2. Urbanization
        3. Government Initiatives
        4. Growing Population
        5. Technological Advancements
      2. Restraints
        1. Environmental Concerns
        2. Transportation Costs
        3. Volatility in Raw Material Prices
        4. Regulatory Hurdles
        5. Substitutes
      3. Opportunities
        1. Sustainable Practices
        2. Infrastructure Renewal
        3. Urban Regeneration
        4. Emerging Markets
        5. Technological Innovation
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Aggregates Market, By Type, 2021- 2031 (USD Million)
      1. Crushed Stone
      2. Sand
      3. Gravel
      4. Others
    2. Aggregates Market, By Application, 2021 - 2031 (USD Million)
      1. Concrete
      2. Road Base & Coverings
      3. Others
    3. Aggregates Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America

        1. Brazil

        2. Mexico

        3. Argentina

        4. Rest of Latin America

  6. Competitive Landscape
    1. Company Profiles
      1. Vulcan Materials Company
      2. Holcim / LafargeHolcim
      3. Cemex S.A.B. de C.V.
      4. Heidelberg Materials (HeidelbergCement)
      5. CRH plc
      6. Martin Marietta Materials, Inc.
      7. LSR Group
      8. Eurocement Group
      9. Rogers Group Inc.
      10. Adelaide Brighton Ltd
      11. China Resources Cement Holdings
      12. Anglo American plc
      13. Arcosa Inc.
      14. Boral Ltd.
      15. Buzzi SpA
  7. Analyst Views
  8. Future Outlook of the Market