Crushed Stones Market Competitive Landscape 2024-2033 – Major Players and Strategies

Crushed and broken stone mining and quarrying refers to the process of mining and quarrying crushed and broken stone. For concrete aggregate and as a flux in blast furnaces, crushed stone is utilised. Rock is broken apart by drilling and blasting in the quarrying process.

Sizing and Forecast
The crushed stones market size has grown strongly in recent years. It will grow from $4.12 billion in 2023 to $4.46 billion in 2024 at a compound annual growth rate (CAGR) of 8.3%.  The  growth in the historic period can be attributed to construction industry demand, infrastructure development, railway ballast, landscaping and decorative use, economic growth and urbanization.

The crushed stones market size is expected to see strong growth in the next few years. It will grow to $6.11 billion in 2028 at a compound annual growth rate (CAGR) of 8.1%.  The growth in the forecast period can be attributed to global infrastructure projects, renewable energy construction, continued construction industry growth, smart cities development, residential and commercial construction. Major trends in the forecast period include e-commerce and digital platforms in aggregates trade, rising use of crushed stones in landscaping, innovations in aggregate product development, market expansion in developing regions, strategic alliances for resource optimization.

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Segmentation & Regional Insights
The crushed stones market covered in this report is segmented –
1) By Type: Limestone Mining, Granite Mining, and Other Types- Crushed Stone Mining
2) By Mining Type: Underground Mining, Surface Mining

Western Europe was the largest region in the crushed stones market in 2023. The regions covered in the crushed stones market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth
The growth in the crushed stone mining market is due to increasing road construction in rapidly developed countries such as US and Canada owing to rising infrastructure development. Road construction refers to the construction of a new roadway or the conversion of an existing unpaved road to a paved road.

Key Industry Players
Major companies operating in the crushed stones market report are 3M Company, CRH plc, Holcim Group, Cemax S.A.B. de C.V., Vulcan Materials Company, Martin Marietta Materials Inc., Lehigh Hanson Inc., Buzzi Unicem USA Inc., Granite Construction Inc., Lhoist North America Inc., Summit Materials LLC, Luck Stone Corporation, Hanson Aggregates Limited, The Shelly Co., Ash Grove Cement Company, Carmeuse Lime & Stone Inc., The H&K Group Inc., Dolese Bros. Co., Rogers Group Inc., HeidelbergCement AG, Vecellio & Grogan Inc., York Building Products Co. Inc., New Enterprise Stone & Lime Company Inc., Tilcon New York Inc., The Kraemer Company, Wendling Quarries Inc., National Lime and Stone Company, Boxley Materials Company, Eucon Corporation, Bluegrass Materials Company, Mulzer Crushed Stone Inc.

The crushed stones market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis

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