NEW YORK, July 11, 2019 /PRNewswire/ -- Persistence Market Research (PMR) provides key insights about the global construction aggregates market and offers extensive information through structured market research. The global construction aggregates market was pegged at more than US$ 331 Bn in terms of value at the end of 2019, and is anticipated to reach nearly US$ 623 Bn by the end of the forecast period 2029, growing at a CAGR of ~ 6%.

Regional Government Reforms for Increasing Investments in Infrastructural Projects Boosting Construction Aggregates Market

Regional governments in emerging countries are focusing on achieving continuous upgradation to address infrastructural shortfalls and improve education & healthcare systems and water & sanitation. In line with this agenda, respective governments are placing importance on implementing solutions for sustainable mining and increasing productivity & automation, which has resulted in growth in the construction aggregates market. This is expected to enhance the demand for construction aggregates across the globe. The government has been strategically emphasizing on yielding maximum output from these opportunities by increasing investments on interconnection plans with different countries which has resulted in the growth of the construction aggregates market.

Get PDF Brochure for Research Insights at: https://www.persistencemarketresearch.com/samples/11554

The growing demand for leisure activities, such as amusement parks and other luxury sports venues, in the U.S., Europe, China, and the Middle East is propelling the construction aggregates markets across the country. This is expected to create opportunities for market players to enhance their product portfolios and is likely to provide a much-needed boost to their revenues, thus propelling the growth of the construction aggregates market.

Increasing Use of Recycled Aggregates to Bolster Demand for Construction Aggregates

Aggregate recycling is a simple process that involves breaking, removing, and crushing existing aggregates into materials of specified quality and size. Aggregate recycling is gaining traction since it protects natural resources and eliminates the need for disposal, as it requires the use of readily available conventional aggregates for concrete and other applications. This has, in turn, resulted in the growth of the construction aggregates market. All construction buildings that were created in the past have a certain life span, after which the structure is unsafe as it can collapse. In addition, the use of recycled aggregates can help save costs and create additional commercial opportunities.

Need more information about Report Methodology? Ask here:  https://www.persistencemarketresearch.com/methodology/11554

Technological Innovations in Construction Activities Restraining the Construction Aggregates Market

Technological innovations are among the key restraining factors for real estate owners. Technological disruption is changing customer behavior toward interaction with all types of commercial real estate, which includes retail, office space, hospitality, and others, and this is likely to have a negative impact on the construction aggregates market.

For instance, online rental infrastructure service providing companies can shift their businesses from hotels and apartments by providing rental infrastructural services for recreational purposes. This is likely to decrease the demand for nonresidential construction aggregates over the forecast period.

Request For Full Report Access: https://www.persistencemarketresearch.com/checkout/11554

Industrial & infrastructural development in emerging economies is expected to create opportunities for the construction aggregates market to grow in the long-term. Majority of the infrastructural development includes the development of inter & intra-country road infrastructure, tunnel development, rail web & new airports, among others. The construction aggregates market is estimated to witness significant growth opportunities. However, high transportation cost & rising energy cost are among factors that are likely to restrain the market growth. However, the demand for construction aggregates is estimated to grow at a rapid pace following the introduction of new production technologies.

Construction Aggregates Market: Competition Landscape

LafargeHolcim Ltd., CRH plc, Martin Marietta Materials Inc., Heidelberg Cement AG, LSR Group, Cemex SAB de CV ADR, and Vulcan Materials Company, are among the key players identified in the construction aggregates market.

Browse Research Release at @ https://www.persistencemarketresearch.com/market-research/global-construction-aggregates-market.asp

Browse More:  Chemicals and Nanomaterials Research Reports

Popular Research Reports by PMR:

• Micronized Wax Market: https://www.persistencemarketresearch.com/market-research/micronized-wax-market.asp
• Metal Powder Market: https://www.persistencemarketresearch.com/market-research/metal-powder-market.asp
• Africa Construction Aggregates Market: https://www.persistencemarketresearch.com/market-research/africa-construction-aggregates-market.asp

Persistence Market Research Overview:

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact

Rohit Bhisey
Persistence Market Research
U.S. Sales Office:
305 Broadway, 7th Floor
New York City, NY 10007
+1-646-568-7751
United States
USA - Canada Toll-Free: 800-961-0353

Web Site: https://www.persistencemarketresearch.com

Email: sales@persistencemarketresearch.com

Logo: https://mma.prnewswire.com/media/661339/Persistence_Market_Research.jpg

SOURCE Persistence Market Research Pvt. Ltd.