The Global Construction Aggregates Market report valued the U.S. at $106.4 billion in 2013. According to the report, Asia-Pacific was the largest regional market, accounting for 44.9 percent of the global market, followed by Europe with a 26.3 percent share and North America with a 20.3 percent share.
The report also notes that demand for infrastructure, residential, commercial and industrial construction in developing countries such as China, India, Indonesia, the Philippines and Malaysia is supporting the market’s expansion.
In 2013, the U.S. had the largest market in North American construction aggregates, with a 92.7 percent share, with Canada holding the remaining shares, says the report. China held the largest share of the Asia-Pacific market with a 70.1 percent share, while France accounted for the largest market share in Europe at 17.9 percent. In the Latin American construction aggregates market, Mexico held the largest share at 44.3 percent, and in the Middle Eastern market, which was the smallest regional market in 2013, the UAE was the largest market with a share of 41.6 percent.
In 2018, the market shares in Europe, North America and Latin America are expected to decline from 2013, with Europe reaching 25.5 percent, North America reaching 18.3 percent and Latin America reaching 5.3 percent, says the report. However, shares in the Asia-Pacific and Middle East are expected to increase by 2018.
