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(MoneyNewsWire.Net, August 31, 2017 ) The global construction industry has been relatively sluggish since 2015, reflecting a slowdown in the pace of expansion in China and weakness in key emerging markets. The decline in oil prices has also greatly undermined investment growth in major oil-producing countries in the Middle East. A slowdown in construction activity has inevitably impacted demand for key inputs, particularly aggregates.
According to Publisher, the global value of the aggregates market in nominal US dollar terms fell in 2015 and registered a compound annual growth rate (CAGR) of 0.95% during the review period (2011-2015). Although 2016 will be another period of sluggish growth in aggregates demand as the construction industry starts to gather pace again from 2017, the global construction aggregates market will post a CAGR of 5.15% over the forecast period (2016-2020).
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Asia-Pacific was the largest regional market for aggregates, accounting for 47.9% of the global market in 2015. It was followed by North America and Europe with respective shares of 21.5% and 18.0%.
Recovery in the European and North American countries and development in the Asia-Pacific economies - particularly India and Japan - are expected to support the market's expansion over the forecast period. The market shares of the North America, Europe and Latin America are expected to fall marginally over the forecast period, while that of the Asia-Pacific and the Middle East and Africa are set to increase.
Improvements in the global demand for aggregates over the forecast period are in line with the positive projections for construction industry growth, with the key drivers being investment in infrastructure and residential construction in emerging economies, and anticipated recovery in regional and global economic conditions.
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Report Summary
Publisher's The Global Construction Aggregates Market - Key Trends and Opportunities to 2020 report provides detailed market analysis, information and insights into the global construction aggregates market including:
-The regional and global construction aggregates market's growth prospects by category
-Analysis of the Asia-Pacific, North America, Latin America, Europe, and Middle East and Africa markets, with country-level data
-Critical insight into market trends and issues, and the risks and opportunities they present to participants in the global construction aggregates market
-Profiles of the leading operators in the global construction aggregates market
Report Scope
This report provides a comprehensive analysis of the global construction aggregates market. It provides:
-Historical (2011-2015) and forecast (2016-2020) valuations of the global construction aggregates market using construction output and value-add methods
-Segmentation by category (crushed stone, gravel and pebbles, construction sands, chippings, pre-coated aggregates and waste-based aggregates) type
-Analysis of key construction aggregates issues, including regulation, cost management, funding and pricing
-Detailed profiles of the leading construction aggregates companies
Reason to Buy
-Identify and evaluate market opportunities using Publisher's standardized valuation and forecasting methodologies.
-Assess market growth potential at a micro-level.
-Understand the latest industry and market trends.
-Formulate and validate strategy using Publisher's critical and actionable insight.
-Assess business risks, including cost, regulatory and competitive pressures.
-Evaluate competitive risk and success factors.
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