Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Concrete Aggregates Market size was over USD 423.1 billion in 2024 and is projected to reach USD 807.75 billion by 2037, witnessing around 5.1% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of concrete aggregates is assessed at USD 441.44 billion.
The growth of the market can be attributed to the increasing construction activities on a global level, backed by rising urbanization and growing population. Currently, over 7.5 million people are employed in the construction industry, contributing about 5% of the overall employment in the economy. Concrete aggregates are an inexpensive alternative for fillers of cement, which reduces the cost of construction. This is estimated to boost the market growth. The total production of concrete in 2019 amounted to almost 4 billion metric tons, globally. The rapid growth of construction industry is projected to fuel the market growth.
