Market Overview:
The global road aggregate market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for road infrastructure across the globe. On the basis of type, granite accounted for a major share of the global road aggregate market in 2017. This can be attributed to its properties such as high compressive strength and durability which make it suitable for use in construction applications. On the basis of application, highway construction held a dominant share of the global road aggregate market in 2017. This can be attributed to increasing investments made by governments across various countries for development of highway infrastructure.
Product Definition:
A type of gravel that is used as a base for roads and other construction projects. Road aggregate is important because it helps to create a stable surface for vehicles to travel on and prevents erosion.
Granite:
Granite is a type of rock that is composed of quartz and moganite. It has high content of potassium, sodium, iron, magnesium and titanium. Granite can be used in construction activities as it possesses excellent properties including durability and strength.
Sand:
Sand is one of the major ingredients used in the production of road aggregate. It is a granular material made up of quartz grains that are larger than silt and smaller than clay. The sand used for making road aggregate has to be free from rock and soil contamination because if it contains any foreign particles, it will affect the performance and durability of roads constructed using this product.
Application Insights:
The highway construction segment accounted for the largest revenue share of around 60% in 2017. The growth can be attributed to the growing need for developing roads, highways and other transport infrastructure in emerging economies including China, India and Brazil. Furthermore, increasing government expenditure on road infrastructure development is expected to drive demand over the forecast period.
Highway construction is one of the key applications where RDAM is used as it offers cost-effectiveness along with superior performance as compared to traditional crushed rock products. Moreover, rising demand from countries such as Australia and New Zealand for using Road Rock Aggregate (RRA) due to its low noise level during highway construction may propel market growth over the coming years.
Regional Analysis:
Asia Pacific dominated the global road aggregate market in 2016 and is expected to continue its dominance over the forecast period. The region has a large number of construction activities owing to rapid urbanization and increasing population, which drives up infrastructure development including roads, railways, airports etc. China accounted for approximately 45% of total regional volume in 2016 on account of massive investments made by the government for improving transportation facilities within the country as well as between provinces.
North America emerged as a significant consumer due to growing emphasis on developing efficient road infrastructure coupled with stringent regulations regarding fuel economy by governments across U.S., Canada and Mexico aimed at reducing carbon emissions from vehicles has resulted in increased utilization of aggregates mined locally thereby driving up their production volumes over past few years.
Growth Factors:
- Increasing demand for infrastructure development: The global population is increasing at a rapid pace and so is the demand for better infrastructure. This will drive the demand for road aggregate in the coming years.
- Rising awareness about environment-friendly construction methods: There is an increasing awareness among people about using environment-friendly construction methods. This will lead to an increase in the use of recycled aggregates in road construction projects, thereby driving the market growth.
- Technological advancements in aggregate production processes: With technological advancements, there has been a shift towards automated and efficient production processes of aggregates which is expected to fuel market growth over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Road Aggregate Market Research Report
By Type
Granite, Sand, Gravel, Limestone, Crushed Rock, Other
By Application
Highway Construction, Railway Construction, Other
By Companies
LafargeHolcim Group, Wharehine, Aggregate Industries, Okanagan Aggregates, Rock Road Companies, Kuari Pati Sdn Bhd, Hanlon Concrete
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
179
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Road Aggregate Market Report Segments:
The global Road Aggregate market is segmented on the basis of:
Types
Granite, Sand, Gravel, Limestone, Crushed Rock, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Highway Construction, Railway Construction, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- LafargeHolcim Group
- Wharehine
- Aggregate Industries
- Okanagan Aggregates
- Rock Road Companies
- Kuari Pati Sdn Bhd
- Hanlon Concrete
Highlights of The Road Aggregate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Granite
- Sand
- Gravel
- Limestone
- Crushed Rock
- Other
- By Application:
- Highway Construction
- Railway Construction
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Road Aggregate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Road aggregate is a mixture of crushed stone, gravel, and sand used as a base for road construction.
Some of the major players in the road aggregate market are LafargeHolcim Group, Wharehine, Aggregate Industries, Okanagan Aggregates, Rock Road Companies, Kuari Pati Sdn Bhd, Hanlon Concrete.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Road Aggregate Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Road Aggregate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Road Aggregate Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Road Aggregate Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Road Aggregate Market Size & Forecast, 2018-2028
4.5.1 Road Aggregate Market Size and Y-o-Y Growth
4.5.2 Road Aggregate Market Absolute $ Opportunity
Chapter 5 Global Road Aggregate Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Road Aggregate Market Size Forecast by Type
5.2.1 Granite
5.2.2 Sand
5.2.3 Gravel
5.2.4 Limestone
5.2.5 Crushed Rock
5.2.6 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Road Aggregate Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Road Aggregate Market Size Forecast by Applications
6.2.1 Highway Construction
6.2.2 Railway Construction
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Road Aggregate Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Road Aggregate Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Road Aggregate Analysis and Forecast
9.1 Introduction
9.2 North America Road Aggregate Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Road Aggregate Market Size Forecast by Type
9.6.1 Granite
9.6.2 Sand
9.6.3 Gravel
9.6.4 Limestone
9.6.5 Crushed Rock
9.6.6 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Road Aggregate Market Size Forecast by Applications
9.10.1 Highway Construction
9.10.2 Railway Construction
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Road Aggregate Analysis and Forecast
10.1 Introduction
10.2 Europe Road Aggregate Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Road Aggregate Market Size Forecast by Type
10.6.1 Granite
10.6.2 Sand
10.6.3 Gravel
10.6.4 Limestone
10.6.5 Crushed Rock
10.6.6 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Road Aggregate Market Size Forecast by Applications
10.10.1 Highway Construction
10.10.2 Railway Construction
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Road Aggregate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Road Aggregate Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Road Aggregate Market Size Forecast by Type
11.6.1 Granite
11.6.2 Sand
11.6.3 Gravel
11.6.4 Limestone
11.6.5 Crushed Rock
11.6.6 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Road Aggregate Market Size Forecast by Applications
11.10.1 Highway Construction
11.10.2 Railway Construction
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Road Aggregate Analysis and Forecast
12.1 Introduction
12.2 Latin America Road Aggregate Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Road Aggregate Market Size Forecast by Type
12.6.1 Granite
12.6.2 Sand
12.6.3 Gravel
12.6.4 Limestone
12.6.5 Crushed Rock
12.6.6 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Road Aggregate Market Size Forecast by Applications
12.10.1 Highway Construction
12.10.2 Railway Construction
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Road Aggregate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Road Aggregate Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Road Aggregate Market Size Forecast by Type
13.6.1 Granite
13.6.2 Sand
13.6.3 Gravel
13.6.4 Limestone
13.6.5 Crushed Rock
13.6.6 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Road Aggregate Market Size Forecast by Applications
13.10.1 Highway Construction
13.10.2 Railway Construction
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Road Aggregate Market: Competitive Dashboard
14.2 Global Road Aggregate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 LafargeHolcim Group
14.3.2 Wharehine
14.3.3 Aggregate Industries
14.3.4 Okanagan Aggregates
14.3.5 Rock Road Companies
14.3.6 Kuari Pati Sdn Bhd
14.3.7 Hanlon Concrete
