The construction aggregates market in the US is fragmented and is characterized by many local vendors. Major vendors are dominating the market with highly optimized supply chains based on the strategic location of their aggregate quarries and mines. Construction aggregate vendors are increasingly focusing on developing new products, mining and quarries sites, market expansion, and extending their reach to new customers.
Technavio identifies CEMEX SAB de CV, CRH Plc, Granite Construction Inc., HeidelbergCement AG, LafargeHolcim Ltd., Martin Marietta Materials Inc., MDU Resources Group Inc., Rogers Group Inc., Taiheiyo Cement Corp., and Vulcan Materials Co. as some of the major market participants. Although the rising construction activities in the US, increasing investments in railway infrastructure, and the consolidation in the construction aggregate industry in the US will offer immense growth opportunities, high transportation costs, increase in the prices of construction aggregate, and high energy costs will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Construction Aggregates Market in the US 2022-2026: Segmentation
Construction Aggregates Market in the US is segmented as below:
- Product
- Crushed Stone
- Sand And Gravel
- End-user
- Non-building
- Residential
- Non-residential
By product, the market will observe maximum growth in the crushed stone segment in 2021. The segment is driven by the increased use of crushed stone in the construction of residential driveways, paths, and walkways. The market growth in the segment will be significant during the forecast period.
In terms of end-users, the market will observe maximum demand for construction aggregates from the non-building segment during the forecast period. The increasing demand for construction aggregates for construction activities such as highways and streets, bridges, canals, transmission towers, dams, highways, water supply constructions, drainage system construction, conservation and development constructions, and airport runways is driving the growth of the segment.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our construction aggregates market in the US report covers the following areas:
Construction Aggregates Market in the US 2022-2026: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the construction aggregates market in the US. Backed with competitive intelligence and benchmarking, our research report on the construction aggregates market in the US is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
Construction Aggregates Market in the US 2022-2026: Key Highlights
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will assist construction aggregates market growth in the US during the next five years
- Estimation of the construction aggregates market size in the US and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the construction aggregates market in the US
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of construction aggregates market vendors in the US
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Construction Aggregates Market in the US: Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Decelerate at a CAGR of 3.89% |
Market growth 2022-2026 |
506.97 mn MT |
Market structure |
Fragmented |
YoY growth (%) |
3.78 |
Regional analysis |
US |
Performing market contribution |
US at 100% |
Key consumer countries |
US and Rest of North America |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
CEMEX SAB de CV, CRH Plc, Granite Construction Inc., HeidelbergCement AG, LafargeHolcim Ltd., Martin Marietta Materials Inc., MDU Resources Group Inc., Rogers Group Inc., Taiheiyo Cement Corp., and Vulcan Materials Co. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table Of Contents :
1. Executive Summary
2. Market Landscape
2.1 Market ecosystem
Exhibit 01: Parent market
2.2: Market Characteristics
2.3 Value chain analysis
Exhibit 02: Value chain analysis: Construction materials
2.3.1 Inputs
2.3.2 Inbound logistics
2.3.3 Operations
2.3.4 Outbound logistics
2.3.5 Marketing and sales
2.3.6 Service
2.3.7 Support activities
2.3.8 Innovations
3. Market Sizing
3.1 Market definition
Exhibit 03: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 04: Market segments
3.3 Market size 2020
3.4 Market outlook: Forecast for 2020 - 2025
3.4.1 Estimating growth rates for emerging and high-growth markets
3.4.2 Estimating growth rates for mature markets
Exhibit 05: US - Market size and forecast 2021 - 2026 (million MT)
Exhibit 06: US market: Year-over-year growth 2021 - 2026 (%)
4. Five Forces Analysis
4.1 Five Forces Summary
Exhibit 07: Five forces analysis 2020 & 2025
4.2 Bargaining power of buyers
4.3 Bargaining power of suppliers
4.4 Threat of new entrants
4.5 Threat of substitutes
4.6 Threat of rivalry
4.7 Market condition
Exhibit 08: Market condition - Five forces 2021
5 Market Segmentation by Product
5.1 Market segments
The segments covered in this chapter are:
- Crushed stone
- Sand and gravel
Exhibit 09: Product - Market share 2021-2026 (%)
5.2 Comparison by Product
Exhibit 10: Comparison by Product
5.3 Crushed stone - Market size and forecast 2021-2026
Exhibit 11: Crushed stone - Market size and forecast 2021-2026 (million MT)
Exhibit 12: Crushed stone - Year-over-year growth 2021-2026 (%)
Exhibit 13: Sand and gravel - Market size and forecast 2021-2026 (million MT)
Exhibit 14: Sand and gravel - Year-over-year growth 2021-2026 (%)
5.4 Market opportunity by Product
Exhibit 15: Market opportunity by Product
6 Market Segmentation by End-user
6.1 Market segments
The segments covered in this chapter are:
- Non-building
- Residential
- Non-residential
Exhibit 16: End-user - Market share 2021-2026 (%)
6.2 Comparison by End-user
Exhibit 17: Comparison by End-user
6.3 Non-building - Market size and forecast 2021-2026
Exhibit 18: Non-building - Market size and forecast 2021-2026 (million MT)
Exhibit 19: Non-building - Year-over-year growth 2021-2026 (%)
6.4 Residential - Market size and forecast 2021-2026
Exhibit 20: Residential - Market size and forecast 2021-2026 (million MT)
Exhibit 21: Residential - Year-over-year growth 2021-2026 (%)
6.5 Non-residential - Market size and forecast 2021-2026
Exhibit 22: Non-residential - Market size and forecast 2021-2026 (million MT)
Exhibit 23: Non-residential - Year-over-year growth 2021-2026 (%)
6.6 Market opportunity by End-user
Exhibit 24: Market opportunity by End-user
7 Customer landscape
7.1 Overview
Exhibit 25: Customer landscape
8 Drivers, Challenges, and Trends
8.1 Market drivers
8.1.1 Rising construction activities in the US
8.1.2 Increasing investments in railway infrastructure
8.1.3 Consolidation in the construction aggregate industry in the US
8.2 Market challenges
8.2.1 High transportation costs
8.2.2 Increase in the prices of construction aggregate
8.2.3 High energy costs
Exhibit 26: Impact of drivers and challenges
8.3 Market trends
8.3.1 Increasing demand for recycled aggregates
8.3.2 Emergence of hydraulic cement concrete
8.3.3 Increased popularity of connected mining concept
9. Vendor Landscape
9.1 Competitive scenario
9.2 Vendor landscape
Exhibit 27: Vendor Landscape
9.3 Landscape disruption
Exhibit 28: Landscape disruption
9.4 Industry risks
Exhibit 29: Industry risks
10. Vendor Analysis
10.1 Vendors covered
Exhibit 30: Vendors covered
10.2 Market positioning of vendors
Exhibit 31: Market positioning of vendors
10.3 CEMEX SAB de CV
Exhibit 32: CEMEX SAB de CV - Overview
Exhibit 33: CEMEX SAB de CV - Product and service
Exhibit 34: CEMEX SAB de CV - Key offerings
10.4 CRH Plc
Exhibit 35: CRH Plc - Overview
Exhibit 36: CRH Plc - Business segments
Exhibit 37: CRH Plc - Key offerings
Exhibit 38: CRH Plc - Segment focus
10.5 Granite Construction Inc.
Exhibit 39: Granite Construction Inc. - Overview
Exhibit 40: Granite Construction Inc. - Business segments
Exhibit 41: Granite Construction Inc. - Key offerings
Exhibit 42: Granite Construction Inc. - Segment focus
10.6 HeidelbergCement AG
Exhibit 43: HeidelbergCement AG - Overview
Exhibit 44: HeidelbergCement AG - Business segments
Exhibit 45: HeidelbergCement AG - Key offerings
Exhibit 46: HeidelbergCement AG - Segment focus
10.7 LafargeHolcim Ltd.
Exhibit 47: LafargeHolcim Ltd. - Overview
Exhibit 48: LafargeHolcim Ltd. - Business segments
Exhibit 49: LafargeHolcim Ltd. - Key offerings
Exhibit 50: LafargeHolcim Ltd. - Segment focus
10.8 Martin Marietta Materials Inc.
Exhibit 51: Martin Marietta Materials Inc. - Overview
Exhibit 52: Martin Marietta Materials Inc. - Business segments
Exhibit 53: Martin Marietta Materials Inc. - Key offerings
Exhibit 54: Martin Marietta Materials Inc. - Segment focus
10.9 MDU Resources Group Inc.
Exhibit 55: MDU Resources Group Inc. - Overview
Exhibit 56: MDU Resources Group Inc. - Business segments
Exhibit 57: MDU Resources Group Inc. - Key offerings
Exhibit 58: MDU Resources Group Inc. - Segment focus
10.10 Rogers Group Inc.
Exhibit 59: Rogers Group Inc. - Overview
Exhibit 60: Rogers Group Inc. - Product and service
Exhibit 61: Rogers Group Inc. - Key offerings
10.11 Taiheiyo Cement Corp.
Exhibit 62: Taiheiyo Cement Corp. - Overview
Exhibit 63: Taiheiyo Cement Corp. - Business segments
Exhibit 64: Taiheiyo Cement Corp. - Key offerings
Exhibit 65: Taiheiyo Cement Corp. - Segment focus
10.12 Vulcan Materials Co.
Exhibit 66: Vulcan Materials Co. - Overview
Exhibit 67: Vulcan Materials Co. - Business segments
Exhibit 68: Vulcan Materials Co. - Key offerings
Exhibit 69: Vulcan Materials Co. - Segment focus
11. Appendix
11.1 Scope of the report
11.1.1 Market definition
11.1.2 Objectives
11.1.3 Notes and caveats
11.2 Currency conversion rates for US$
Exhibit 70: Currency conversion rates for US$
11.3 Research Methodology
Exhibit 71: Research Methodology
Exhibit 72: Validation techniques employed for market sizing
Exhibit 73: Information sources
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