Concrete Aggregates Market: Overview
Concreteaggregates are granular materials such as sand, gravel, crushed stone, andblast furnace slag, which usually accounts for approximately 60% to 75% of thevolume of concrete. These aggregates are extensively used in the constructionsector. Concrete aggregates offer resistance to wear and erosion and volumestability to the finished product. They are inexpensive fillers, which reducethe cost of concrete. Concrete aggregates can either be natural or synthetic.Concrete aggregates can be used for flexible as well as rigid pavements. Basedon the source and method of preparation, concrete aggregates can be broadlyclassified into natural and artificial. Natural concrete aggregates areproduced by weathering and action of wind and water. Synthetic concreteaggregates such as blast furnace slag and expanded clay are byproducts ofindustrial processes. Based on bulk density, concrete aggregates can beclassified into ASTM C33, C 330, and C 637. Desired mechanical properties ofconcrete aggregates include abrasive power, water absorption, and highporosity.
Concrete Aggregates Market: Trends & Demands
Risinginvestments in infrastructure by various governments across the globe arefueling the demand for concrete aggregates. Use of concrete aggregates inresidential buildings is likely to be augmented by growth of the housing sectorin developed countries. Increase in the disposable income is anticipated todrive the demand for concrete aggregates for use in modern housing. Demand forrecycled concrete aggregates is a new trend in the globalconcrete aggregates market. Owing to adverse impact of miningconstruction aggregates on the environment, construction companies preferrecycled concrete aggregates. Concrete aggregates are primarily used inconcrete as a filler material for providing volume, strength, and resistancewear to erosion. Concrete aggregates provide composition, specific gravity, andsurface texture to the product. Concrete aggregates are inexpensive than cementand they can be put into the concrete mix in amounts as much as possible.
Concrete Aggregates Market: Key Segments
In termsof production, the global concrete aggregates market can be classified intonatural aggregates, artificial concrete aggregates, processed concreteaggregates, and colored concrete aggregates. Natural concrete aggregatesinclude sand, gravel, crushed stone, and lime rock. Artificial concreteaggregates comprise blast furnace slags and cinders, fly ash, etc. Processedconcrete aggregates include perlite, burnt clays, shales, and processed flyash. Colored aggregates comprise glass, ceramics, and manufactured marble.According to particle size, the concrete aggregates market can be classifiedinto fine aggregates and coarse aggregates.
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Concrete Aggregates Market: Regional Outlook
The globalconcrete aggregates market expanded significantly in 2017. The trend isexpected to continue during the forecast period also. Asia Pacific accounts fora major share of the global concrete aggregates market. Rapid urbanization inthe region is fueling the market in Asia Pacific. The market in the region isexpanding at a significant pace, due to increase in construction and renovationactivities, especially in China and India. Rise in renovation activities inNorth America, especially in the U.S., is augmenting the market in the region.Countries in Eastern Europe contribute significantly to the concrete aggregatesmarket in Europe. The market in Middle East & Africa and Latin America isprojected to expand in the next few years, due to recent economic developmentsand rise in investments in construction projects in these regions.
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Concrete Aggregates Market: Key Players
Keyplayers operating in the global concrete aggregates market include CEMEXS.A.B.de C.V, HeidelbergCement Group, LafargeHolcim, and MARTIN MARIETTA.
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