Construction Aggregates Market Will hit at a CAGR 6.1% from 2016 to 2024
Verfasser: pradnya_86 on Tuesday, 10 January 2017Future Market Insights (FMI) delivers key insights on the global construction aggregates market in its latest report titled, “Global Construction Aggregates Market: Industry Analysis and Opportunity Assessment, 2016–2024”.
Construction aggregates are a broad category of granular materials such as crushed stone, stone, and gravel etc., which are widely used in the construction sector. Aggregates are the world’s most mined materials. Aggregates have a number of features, including wear and tear resistance and volume stability.
New trends in construction aggregates such as manufactured sand, and recycled aggregates, along with rising investment in infrastructure globally are driving the global construction aggregates market; whereas high cost of transportation, regulations concerning stringent zoning, seasonal factors, and rising energy costs are expected to act as restraints to growth of the global construction aggregates market.
The growth of the construction industry, increasing construction spending, especially in developing economies such as India and the Middle East, are some of the other major market drivers.