Abstract
Global demand to exceed 26 billion metric tons in 2011
Global demand for construction aggregates is expected to rise nearly four
percent annually through 2011 to over 26 billion metric tons. Some of the
strongest increases will come from India, which is already one of the largest
national markets. Other countries, such as China, Iran, Mexico, Poland, and
Russia, will also achieve strong gains, spurred by industrialization activity
and an acceleration in infrastructure construction.
Advances will not be as strong in the industrialized nations of the world,
including the US, Japan, and Western Europe. Repairs and maintenance
construction on the well-developed physical infrastructures of these countries
will drive demand through 2011. An increase in nonbuilding construction
projects in the United States will lead to higher construction spending and
aggregates demand despite a slowdown in residential building activity.
Nonbuilding construction market to lead gains
The nonbuilding construction market for construction aggregates is forecast to
be the quickest growing end-use sector. Accounting for over 70 percent of
worldwide aggregates demand in 2006, gains in nonbuilding construction demand
will be fueled by an increase in construction activity in industrializing
nations. Demand for construction aggregates used in the production of
asphaltic concrete will grow the fastest of all major application categories,
resulting from growth in road building and maintenance projects and increases
in nonbuilding construction expenditures around the world. Aggregate sales for
use in hydraulic concrete applications, which account for approximately 40
percent of all product demand, are expected to rise at a moderate pace.
Study coverage
It provides historical data (1996, 2001, 2006) plus forecasts for 2011 and
2016 by type and market for six world regions and 23 countries. The study also
considers market environment factors, evaluates company market share and
profiles 36 industry participants worldwide.
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