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The global construction aggregates market is experiencing robust growth, driven by rapid urbanization, infrastructure development, and increased demand for residential and commercial projects. Here's an overview of the current market landscape and future projections:
Global Market Insights Inc.
📊 Market Size & Growth Projections
2024 Valuation: The market was valued at approximately USD 444.7 billion in 2024.
Global Market Insights Inc.
2034 Forecast: It is projected to reach around USD 796.3 billion by 2034, growing at a CAGR of 6.1% from 2025 to 2034 .
Global Market Insights Inc.
Alternate Estimates: Other reports suggest a growth from USD 435.9 billion in 2025 to USD 702.7 billion by 2035, at a CAGR of 4.86% .
Future Market Insights
What else can I help you with?
What is the market cap for Granite Construction Incorporated GVA?
As of July 2014, the market cap for Granite Construction Incorporated (GVA) is $1,376,752,723.85.
What company makes construction market research?
The McGraw Hill company provides construction market research. You can visit the construction website to view a wide variety of different news and resources.
What is the market cap for Sterling Construction Company Inc STRL?
As of July 2014, the market cap for Sterling Construction Company Inc (STRL) is $170,459,729.84.
Who are the global market leaders in the construction industry?
Through the early 2000s, the United States was the world's largest construction market, surpassing economically depressed Japan, which was the largest market in the mid-1990s. China was a distant third.
How did Japanese firms begin dominating the market in the 1990s?
by integrating automated construction systems and robotics into their construction projects.
Why did American construction contractors lose market share?
U.S. construction firms began to fall behind Japanese and European contractors in the development of new construction technologies and building methods, and by 1992 were losing market share in international contracts at a rapid clip.
How did Japanese construction firms lead the market?
Construction firms in Japan--the world's largest market at $700 billion in 1995--were the world leaders in the use of high-performance steel, automated equipment, and intelligent buildings and systems
Why is home construction so important?
Home construction sparks the real estate market. Not only home construction, but also commercial properties and business buildings. Without these, the real estate market may lack in terms of its aspects of land selling and property acquisition through financing, etc.
Who are the market leaders in miscellaneous heavy construction?
Because miscellaneous heavy construction markets are so fragmented, no companies that are engaged primarily in this industry dominate it.
What affects the market for environmental controls?
The market for environmental controls is principally affected by activity in residential and commercial construction. In addition, the market for American manufacturers is greatly affected by foreign competition,
How did European construction firms lead the market?
European firms were the leaders in high-performance asphalt, tunneling, high-speed rail work, and marine construction.
What is an example of parallel construction?
I traveled to the market to buy tomatoes, sell onions, and watch people.
