Albany, New York (PRWEB) August 05, 2013
This report provides detailed market analysis, information, trends, issues and insights into the global construction aggregate market, including:
The regional and global construction aggregate market's growth prospects by category
Analysis of the Asia-Pacific, Middle East, North America, Latin America and European markets separately with country level data
Critical insight into the impact of the market through comparative analysis of country level data
Company profiles of key companies operating in the construction aggregates industry
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The global construction aggregate market valued over US$99 billion in 2012, of which the Asia-Pacific region constituted a 42.5% share, making it the largest regional market for construction aggregates in the world. In the same year, Europe and North America were the second- and third-largest regional markets, representing respective shares of 26.9% and 20.8%. Continuing economic uncertainty in Europe and a gradual recovery in the US are expected to reduce these regional market shares. Growing economies in the Asia-Pacific, in particular China, India and Indonesia, are expected to reduce the market shares of Western regions, as the rapid development of infrastructure and other construction markets in these areas increases the demand for construction aggregates.
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The market shares of the European and North American regions are expected to reach 22.7% and 20% respectively in 2017, down from 2012, while the Asia-Pacific region is forecast to increase its share to 47.6% by 2017.
This report provides a comprehensive analysis of the construction aggregate market globally:
Historical (2008-2012) and forecast (2013-2017) valuations of the construction aggregate market in Asia-Pacific, Middle East, Europe, North America, Latin America
Data provided for construction sands, gravel and pebbles, crushed stones, chippings, waste-based aggregates and pre-coated aggregates
Breakdown of values at country level (44 countries)
Analysis of key events and factors driving the construction aggregate market globally
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The global construction aggregate market valued over US$99 billion in 2012, of which the Asia-Pacific region constituted a 42.5% share, making it the largest regional market for construction aggregates in the world.
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In terms of growth, the global construction aggregate market recorded a CAGR of 2.40% during the review period. A key factor for this low growth was a decline in the market by 9.8% in 2009.
The Asia-Pacific construction aggregate market valued over US$40 billion in 2012. China constituted the largest share of the regional market with 66.1% in 2012.
Future growth will be driven by large-scale infrastructure development undertaken in emerging economies, and the easing of the economic crisis in Europe. However, the slowdown in Asia, the gradual US recovery and uncertainty in Europe will moderate growth.
Crushed stone was the largest category in the market during the review period. The category valued over US$44 billion in 2012, constituting a 44.8% share in the global market.
Infrastructure networks in developed countries are well established, and many uses lower amounts of aggregates and concrete in construction. The majority of construction work in these countries will be limited to repairs and upgrades of existing infrastructure, and demand for construction aggregates will be less than in emerging nations
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Increasing traffic congestion in urban areas worldwide has forced governments to invest in mass transit projects such as metro railways. GCC nations, in particular, have earmarked large sums of money in the development of a rail network to connect national and regional locations. These developments are expected to drive demand for construction aggregates
Stringent environmental and land use regulations in place in developed countries are expected to boost demand for recycled and secondary construction aggregates (waste-based aggregates) such as blast-furnace slag and crushed hydraulic concrete
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