Europe Construction Aggregates Market
Europe Construction Aggregates Market - By Type (Crushed Stones, Gravel, Sand, M-Sand); By Application (Residential, Commercial, Industrial, Infrastructure); By Transportation Mode (Truck, Train, Ship); By Country (Germany, UK, Italy, France, Spain, Netherlands, Rest of Europe), Trend Analysis, Competitive Landscape & Forecast, 2019–2029
- Published Date: February 2023
- Report ID: BWC23137
- Available Format: PDF
- Page: 240
Report Overview
Growing manufacturing activities, spurring demand for construction aggregates from infrastructure redevelopment and recovery projects in Türkiye and Ukraine, of the region are projected to propel the expansion of Europe construction aggregates market during the forecast period between 2023 and 2029.
Europe Construction Aggregates Market - Industry Trends & Forecast Report, 2029
Europe construction aggregates market size was estimated at USD 18.36 billion in 2022. During the forecast period between 2023 and 2029, the size of Europe construction aggregates market is projected to grow at CAGR of 4.68% reaching a value of USD 25.02 billion by 2029. Major growth drivers for Europe construction aggregates market include increasing construction and infrastructure projects in Europe combined with a scarcity of natural sand. Due to their favorable features, the initiation of development and infrastructure projects across the country is expected to enhance demand for construction aggregates. Also, as natural resources dwindle, construction aggregates have emerged as a viable option and are expected to be one of the building blocks of all types of construction projects, driving market expansion over the forecast period. Aggregates are widely employed in building, accounting for the vast bulk of materials used in the industry. Aggregates are used in the construction of infrastructure like as new and expanded highways, rail lines, airport facilities, dwellings, flood defense, and water and sanitation facilities, as well as transportation, critical properties, and affordable housing. The key demand driver for aggregates is rising infrastructure expenditure, notably in commercial and residential projects.
Europe Construction Aggregates Market – Overview
Construction aggregate, or simply aggregate, refers to all sorts of construction materials utilized in the construction industry, such as sand, gravel, and crushed stone. Construction aggregates are employed to increase the volume of concrete as well as its durability by putting additional hardness and strength. Aggregates are inert elements that are utilized in a binding substance to form concrete. Aggregates serve as fillers or volume-increasing components on the one hand, and they are responsible for the hardness, stiffness, and roughness of concrete on the other. Aggregates utilized widely in the building industry include sand, gravel, and crushed stone. Aggregators are divided as Fine Aggregates and Coarse Aggregates based on grain size. Sand, with grain sizes ranging from 4.75mm to 0.15mm, is an example of Fine Aggregates. Coarse Aggregates, on the other hand, have a grain size of about 7.5mm and are typically utilized as gravel. Aggregates that have been treated are a subset of aggregates. They are specifically intended for use in the manufacturing of high-quality concrete. They are classified into three types based on density: normal aggregates, high-density aggregates, and low-density aggregates.
Europe Construction Aggregates Market
Growth Drivers
Massive Nation-wide Urban Redevelopment Projects in Türkiye and Ukraine
Major companies in Europe construction aggregates market are expected to gain from significant opportunities provided by the massive infrastructure projects in earthquake-hit Türkiye and war-ravaged Ukraine.
In Türkiye, analysts estimated that the urban redevelopment across the country post the earthquake would provide huge opportunities for the construction and related industries in total investment of more than USD 250 billion. On February 06, 2023, a 7.8-magnitude of earthquake hit Türkiye and Syria, killing tens of thousands of people and severely damaging infrastructure in cities and villages across its fault line. The President of Türkiye announced that the government would engage in a comprehensive construction program to rebuild cities with safety and sustainability.
In Ukraine, Russia’s war in the country has been continuing for more than a year now. Consequently, infrastructure across Ukraine has been severely damaged. In September 2022, Ukraine government, the European Commission, and the World Bank, along with their partners estimated the cost of Ukraine’s reconstruction and recovery would be about USD 350 billion. As the war continues, the cost is anticipated to escalate.
Massive redevelopment and recovery projects in Türkiye and Ukraine are expected to provide lucrative growth opportunities for construction and supplementary industries. It, in turn, is projected to aid the growth of Europe construction aggregates market during the forecast period between 2023 and 2029 and beyond.
Growing Manufacturing Activities
The expansion of the European construction market can be ascribed to rising demand for housing in urban areas, increased infrastructure development activities, and increased modernization and refurbishment of buildings to improve their energy efficiency. Given the region's significant economic expansion, commercial infrastructure construction, such as offices, schools, hotels, restaurants, and leisure facilities, is on the rise. Furthermore, the introduction of many favorable programs and investments by governments to improve housing infrastructure and provide housing for the vulnerable sector is supporting the expansion of the European building market. For example, the Dutch government announced a EUR 253 million investment in December 2021 to build 44,277 new residences, 64% of which would be affordable housing.
Restraints
High Initial and Overall Costs
The availability of low-cost replacements, such as fly ash and recycled aggregates, is anticipated to stifle the expansion of Europe construction aggregates sector. Unfortunately, these materials have lesser compressive strength than construction aggregates, which limits their use in the construction industry. Furthermore, the increasing presence of a large number of businesses, severe rivalry in the market, high capital costs required for operations, and stable demand for aggregates from France's building sector make entry into the market difficult.
Impact of COVID-19 on Europe Construction Aggregates Market
COVID-19 had a detrimental impact on the Europe construction aggregates market. Europe has been placed under strict lockdown. Although it has now been lifted, construction activity in the region has yet to fully resume. Furthermore, delays in petroleum supplies across roads and waterways caused by the closure of major international crossings have significantly increased the quantity of inventories. Consequently, higher expenditures paid for building aggregate storage have restricted market expansion. Delays in cargo shipments from refineries to targeted destinations, as well as travel restrictions, have all had an impact on the building aggregate supply chain.
Europe Construction Aggregates Market
Segmental Coverage
Europe Construction Aggregates Market – By Type
By type, Europe construction aggregates market is divided into Crushed Stones, Gravel, Sand, and M-Sand. The crushed stones hold the highest share in Europe construction aggregates market. Instead of being shaped or formed naturally in riverbeds or canyons, crushed stones are produced by crushing layer rocks with machinery. Crushed stone plays a vital role in the production of concrete and asphalt types. It is also largely used in the construction of building foundations, drainage systems, and roads. As crushed stones have jagged and angled edges, they provide a larger surface area for bonding of sand, water, and other components of ready-mix concrete and thus hold the dominant share of the market.
Europe Construction Aggregates Market – By Application
Based on application, Europe construction aggregates market is divided into Residential, Commercial, Industrial, and Infrastructural segments. The industrial segment held the highest market share. Europe has grown as an industrial powerhouse, with significant corporations from areas such as automotive and electronics locating there. Furthermore, Eastern Europe is proving to be an ideal location for manufacturing and trade, providing growth for the region's commercial section. According to the European Commission, demand for construction materials, such as cement and aggregates, is likely to stay constant even during the coronavirus pandemic and to return to increase after 2021, particularly for renovation operations. As a result, the infrastructure and residential construction segments of the market are likely to rise at an appealing rate in the foreseeable future.
Europe Construction Aggregates Market – By Country
Europe construction aggregates market covers Germany, UK, Italy, France, Spain, Netherlands, and Rest of Europe. Germany leads the region's market, as it has been a vital hub in Europe for infrastructure development, with a predominantly metropolitan population. In terms of value, it currently controls 14.7% of the European market. It is projected to continue to lead in the wake of the European Union's announcement of green construction reforms. On the other hand, infrastructure projects in the Benelux region are gaining traction thanks to the people's high spending capacity and strong support from regional governments. As a result, it is obvious that aggregate demand will increase in Belgium and the Netherlands. Considering the increased need for infrastructure, such as hospitals and other healthcare facilities following COVID-19, aggregate demand is likely to remain constant during the forecast period.
Competitive Landscape
Major players operating in Europe construction aggregates market include LSR Group, ROGERS GROUP INC., Heidelberg Cement AG, Adelaide Brighton Ltd, Martin Marietta Materials Inc., CRH plc, Cemex SAB de CV ADR, CEPSA, and Vulcan Materials Company. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
Scope of the Report
Attributes |
Details |
Years Considered |
Historical Data – 2019–2022 |
Base Year – 2022 |
|
Estimated Year – 2023 |
|
Forecast Period– 2023–2029 |
|
Facts Covered |
Revenue in USD Billion |
Market Coverage |
Germany, UK, Italy, France, Spain, Netherlands, Rest of Europe |
Product/ Service Segmentation |
Type, Application, Transportation Mode, Country |
Key Players |
LSR Group, ROGERS GROUP INC., Heidelberg Cement AG, Adelaide Brighton Ltd, Martin Marietta Materials Inc., CRH plc, Cemex SAB de CV ADR, CEPSA, Vulcan Materials Company |
By Type
-
Crushed Stones
-
Gravel
-
Sand
-
M-Sand
By Application
-
Residential
-
Commercial
-
Industrial
-
Infrastructure
By Transportation Mode
-
Truck
-
Train
-
Ship
By Country
-
Germany
-
UK
-
Italy
-
France
-
Spain
-
Netherlands
-
Rest of Europe
- Research Framework
- Research Objective
- Product Overview
- Market Segmentation
- Executive Summary
- Europe Construction Aggregates Market Insights
- Industry Value Chain Analysis
- DROC Analysis
- Growth Drivers
- Growing Manufacturing Activities
- Development of Infrastructure
- Restraints
- High Initial and Overall Costs
- Opportunities
- Advancements in Technology
- Challenges
- Growth Drivers
- Technology Advancements/Recent Developments
- Regulatory Framework
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of New Entrants
- Threat of Substitutes
- Intensity of Rivalry
- Europe Construction Aggregates Market Overview
- Market Type & Forecast, 2019–2029
- By Value (USD Billion)
- Market Share & Forecast
- By Type
- Crushed Stones
- Gravel
- Sand
- M-Sand
- others
- By Application
- Residential
- Commercial
- Industrial
- Infrastructure
- By Transportation Mode
- Truck
- Train
- Ship
- By Country
- Germany
- UK
- Italy
- France
- Spain
- The Netherlands
- Rest of Europe
- By Type
- Market Type & Forecast, 2019–2029
- Germany Construction Aggregates Market
- Market Type & Forecast, 2019–2029
- By Value (USD Billion)
- Market Share & Forecast
- By Type
- By Application
- By Transportation Mode
- Market Type & Forecast, 2019–2029
- UK Construction Aggregates Market
- Market Type & Forecast, 2019–2029
- By Value (USD Billion)
- Market Share & Forecast
- By Type
- By Application
- By Transportation Mode
- Market Type & Forecast, 2019–2029
- Italy Construction Aggregates Market
- Market Type & Forecast, 2019–2029
- By Value (USD Billion)
- Market Share & Forecast
- By Type
- By Application
- By Transportation Mode
- Market Type & Forecast, 2019–2029
- France Construction Aggregates Market
- Market Type & Forecast, 2019–2029
- By Value (USD Billion)
- Market Share & Forecast
- By Type
- By Application
- By Transportation Mode
- Market Type & Forecast, 2019–2029
- Spain Construction Aggregates Market
- Market Type & Forecast, 2019–2029
- By Value (USD Billion)
- Market Share & Forecast
- By Type
- By Application
- By Transportation Mode
- Market Type & Forecast, 2019–2029
- The Netherlands Construction Aggregates Market
- Market Type & Forecast, 2019–2029
- By Value (USD Billion)
- Market Share & Forecast
- By Type
- By Application
- By Transportation Mode
- Market Type & Forecast, 2019–2029
- Rest of Europe Construction Aggregates Market
- Market Type & Forecast, 2019–2029
- By Value (USD Billion)
- Market Share & Forecast
- By Type
- By Application
- By Transportation Mode
- Market Type & Forecast, 2019–2029
- Competitive Landscape
- List of Key Players and Their Offerings
- Europe Construction Aggregates Company Market Share Analysis, 2022
- Competitive Benchmarking, By Operating Parameters
- Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
- Impact of Covid-19 on Europe Construction Aggregates Market
- Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- LSR Group
- ROGERS GROUP INC.
- Heidelberg Cement AG
- Adelaide Brighton Ltd
- Martin Marietta Materials Inc.
- CRH plc
- Cemex SAB de CV ADR
- CEPSA
- Vulcan Materials Company
- Other Prominent Players
- Key Strategic Recommendations
- Research Methodology
- Qualitative Research
- Primary & Secondary Research
- Quantitative Research
- Market Breakdown & Data Triangulation
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By Region
- Assumptions & Limitations
- Qualitative Research
*Financial information of case of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
List of Figures
Figure 1 Europe Construction Aggregates Segmentation
Figure 2 Europe Construction Aggregates Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2022
Figure 4 Europe Construction Aggregates Market Size, By Value (USD Billion), 2019–2029
Figure 5 Europe Construction Aggregates Market Share, By Type, By Value, 2019–2029
Figure 6 Europe Construction Aggregates Market Share, By Application, By Value, 2019–2029
Figure 7 Europe Construction Aggregates Market Share, By Transportation Mode, By Value, 2019–2029
Figure 8 Europe Construction Aggregates Market Share, By Country, By Value, 2019–2029
Figure 9 Germany Construction Aggregates Market Size, By Value (USD Billion), 2019–2029
Figure 10 Germany Construction Aggregates Market Share, By Type, By Value, 2019–2029
Figure 11 Germany Construction Aggregates Market Share, By Application, By Value, 2019–2029
Figure 12 Germany Construction Aggregates Market Share, By Transportation Mode, By Value, 2019–2029
Figure 13 U.K. Construction Aggregates Market Size, By Value (USD Billion), 2019–2029
Figure 14 U.K. Construction Aggregates Market Share, By Type, By Value, 2019–2029
Figure 15 U.K. Construction Aggregates Market Share, By Application, By Value, 2019–2029
Figure 16 U.K. Construction Aggregates Market Share, By Transportation Mode, By Value, 2019–2029
Figure 17 Italy Construction Aggregates Market Size, By Value (USD Billion), 2019–2029
Figure 18 Italy Construction Aggregates Market Share, By Type, By Value, 2019–2029
Figure 19 Italy Construction Aggregates Market Share, By Application, By Value, 2019–2029
Figure 20 Italy Construction Aggregates Market Share, By Transportation Mode, By Value, 2019–2029
Figure 21 France Construction Aggregates Market Size, By Value (USD Billion), 2019–2029
Figure 22 France Construction Aggregates Market Share, By Type, By Value, 2019–2029
Figure 23 France Construction Aggregates Market Share, By Application, By Value, 2019–2029
Figure 24 France Construction Aggregates Market Share, By Transportation Mode, By Value, 2019–2029
Figure 25 Spain Construction Aggregates Market Size, By Value (USD Billion), 2019–2029
Figure 26 Spain Construction Aggregates Market Share, By Type, By Value, 2019–2029
Figure 27 Spain Construction Aggregates Market Share, By Application, By Value, 2019–2029
Figure 28 Spain Construction Aggregates Market Share, By Transportation Mode, By Value, 2019–2029
Figure 29 The Netherlands Construction Aggregates Market Size, By Value (USD Billion), 2019–2029
Figure 30 The Netherlands Construction Aggregates Market Share, By Type, By Value, 2019–2029
Figure 31 The Netherlands Construction Aggregates Market Share, By Application, By Value, 2019–2029
Figure 32 The Netherlands Construction Aggregates Market Share, By Transportation Mode, By Value, 2019–2029
Figure 33 Rest of Europe Construction Aggregates Market Size, By Value (USD Billion), 2019–2029
Figure 34 Rest of Europe Construction Aggregates Market Share, By Type, By Value, 2019–2029
Figure 35 Rest of Europe Construction Aggregates Market Share, By Application, By Value, 2019–2029
Figure 36 Rest of Europe Construction Aggregates Market Share, By Transportation Mode, By Value, 2019–2029
List of Tables
Table 1 Europe Construction Aggregates Market Size, By Value (USD Billion), 2019–2029
Table 2 Europe Construction Aggregates Market Size, By Type, By Value, 2019–2029
Table 3 Europe Construction Aggregates Market Size, By Application, By Value, 2019–2029
Table 4 Europe Construction Aggregates Market Size, By Transportation Mode, By Value, 2019–2029
Table 5 Europe Construction Aggregates Market Size, By Country, By Value, 2019–2029
Table 6 Germany Construction Aggregates Market Size, By Value (USD Billion), 2019–2029
Table 7 Germany Construction Aggregates Market Size, By Type, By Value, 2019–2029
Table 8 Germany Construction Aggregates Market Size, By Application, By Value, 2019–2029
Table 9 Germany Construction Aggregates Market Size, By Transportation Mode, By Value, 2019–2029
Table 10 U.K. Construction Aggregates Market Size, By Value (USD Billion), 2019–2029
Table 11 U.K. Construction Aggregates Market Size, By Type, By Value, 2019–2029
Table 12 U.K. Construction Aggregates Market Size, By Application, By Value, 2019–2029
Table 13 U.K. Construction Aggregates Market Size, By Transportation Mode, By Value, 2019–2029
Table 14 Italy Construction Aggregates Market Size, By Value (USD Billion), 2019–2029
Table 15 Italy Construction Aggregates Market Size, By Type, By Value, 2019–2029
Table 16 Italy Construction Aggregates Market Size, By Application, By Value, 2019–2029
Table 17 Italy Construction Aggregates Market Size, By Transportation Mode, By Value, 2019–2029
Table 18 France Construction Aggregates Market Size, By Value (USD Billion), 2019–2029
Table 19 France Construction Aggregates Market Size, By Type, By Value, 2019–2029
Table 20 France Construction Aggregates Market Size, By Application, By Value, 2019–2029
Table 21 France Construction Aggregates Market Size, By Transportation Mode, By Value, 2019–2029
Table 22 Spain Construction Aggregates Market Size, By Value (USD Billion), 2019–2029
Table 23 Spain Construction Aggregates Market Size, By Type, By Value, 2019–2029
Table 24 Spain Construction Aggregates Market Size, By Application, By Value, 2019–2029
Table 25 Spain Construction Aggregates Market Size, By Transportation Mode, By Value, 2019–2029
Table 26 The Netherlands Construction Aggregates Market Size, By Value (USD Billion), 2019–2029
Table 27 The Netherlands Construction Aggregates Market Size, By Type, By Value, 2019–2029
Table 28 The Netherlands Construction Aggregates Market Size, By Application, By Value, 2019–2029
Table 29 The Netherlands Construction Aggregates Market Size, By Transportation Mode, By Value, 2019–2029
Table 30 Rest of Europe Construction Aggregates Market Size, By Value (USD Billion), 2019–2029
Table 31 Rest of Europe Construction Aggregates Market Size, By Type, By Value, 2019–2029
Table 32 Rest of Europe Construction Aggregates Market Size, By Application, By Value, 2019–2029
Table 33 LSR Group Company Overview
Table 34 LSR Group Financial Overview
Table 35 ROGERS GROUP INC. Company Overview
Table 36 ROGERS GROUP INC. Financial Overview
Table 37 Heidelberg Cement AG Company Overview
Table 38 Heidelberg Cement AG Financial Overview
Table 39 Adelaide Brighton Ltd Company Overview
Table 40 Adelaide Brighton Ltd Financial Overview
Table 41 Martin Marietta Materials Inc. Company Overview
Table 42 Martin Marietta Materials Inc. Financial Overview
Table 43 CRH plc Company Overview
Table 44 CRH plc Financial Overview
Table 45 Cemex SAB de CV ADR Company Overview
Table 46 Cemex SAB de CV ADR Financial Overview
Table 47 CEPSA Company Overview
Table 48 CEPSA Financial Overview
Table 49 Vulcan Materials Company Overview
Table 50 Vulcan Materials Company Financial Overview
Market Segmentation
By Type
-
Crushed Stones
-
Gravel
-
Sand
-
M-Sand
By Application
-
Residential
-
Commercial
-
Industrial
-
Infrastructure
By Transportation Mode
-
Truck
-
Train
-
Ship
By Country
-
Germany
-
UK
-
Italy
-
France
-
Spain
-
Netherlands
-
Rest of Europe
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