During the forecast period, the global road aggregates market is expected to grow at a 6.8 per cent compound annual growth rate (CAGR), according to Future Market Insights (FMI).
While the market is currently valued at US$ 367.70 billion, the road aggregates market is expected to reach a peak of US$ 709.91 billion by the year 2032.
The global road aggregates market is projected to witness a moderate growth from 2015 to 2025. According to FMI forecasts, the market in Asia-Pacific region is expected to grow at fastest CAGR in the coming years.
Western Europe and North America are the matured market for global road aggregates market.
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Global Road aggregates Market: Key Players
Some of the major players identified in the global road aggregates market are Lafarge Holcim Group, Wharehine, Aggregate Industries, Okanagan Aggregates Ltd., Rock Road Companies Inc., Kuari Pati Sdn Bhd, and Hanlon Concrete.
Road Aggregates Market Segmentation
The global road aggregates market can be segmented on the basis of type which includes
- granite
- sand
- gravel
- limestone
- crushed rock
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