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    India Construction Aggregate Market

    ID: MRFR/PNT/54401-HCR
    111 Pages
    Snehal Singh
    September 2025

    India Construction Aggregate Market Research Report: By Material (Crushed Stones, Gravel, Sand, M-Sand, Others) and By Application (Residential, Commercial, Industrial, Infrastructure)- Forecast to 2035

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    India Construction Aggregate Market Research Report - Forecast Report 2035 Infographic
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    Table of Contents

    India Construction Aggregate Market Summary

    The India Construction Aggregate market is projected to grow significantly from 36.3 USD Billion in 2024 to 81.7 USD Billion by 2035.

    Key Market Trends & Highlights

    India Construction Aggregate Key Trends and Highlights

    • The market is expected to witness a compound annual growth rate of 7.64 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 81.7 USD Billion, indicating robust growth potential.
    • In 2024, the market is valued at 36.3 USD Billion, reflecting a strong foundation for future expansion.
    • Growing adoption of sustainable construction practices due to increasing environmental regulations is a major market driver.

    Market Size & Forecast

    2024 Market Size 36.3 (USD Billion)
    2035 Market Size 81.7 (USD Billion)
    CAGR (2025-2035) 7.64%

    Major Players

    JSW Cement, Deccan Cements, ACC, HeidelbergCement, Birla Corporation, Shree Cement, Ambuja Cements, UltraTech Cement, India Cements, Ramco Cements, Dalmia Bharat, Sagar Cements, JK Cement, Pioneer Cement

    India Construction Aggregate Market Trends

    India's fast urbanization and infrastructure development are driving a number of significant changes in the country's construction aggregate market. The government's focus on programs like "Housing for All" and the National Infrastructure Pipeline, which seek to greatly improve the construction industry, is one important market driver.The need for construction aggregates like sand, gravel, and crushed stone is growing as Indian cities grow and new infrastructure projects are developed.

    The use of recycled aggregates to lessen the environmental impact of building is becoming more and more important as the trend toward sustainable construction methods gains momentum.This change not only gives the sector a chance to innovate, but it also supports India's waste management and sustainability initiatives. Additionally, investments in technology and automation for extraction and processing are rapidly being made to take advantage of prospects in the Indian construction aggregate market.Growth opportunities are also presented by better supply chain management and logistics, particularly when new technologies facilitate the distribution of aggregates across different locations.

    In order to lessen their reliance on imported aggregates, local companies are increasingly taking advantage of government initiatives to promote domestic manufacture.The use of environmentally friendly products and procedures has been increasingly popular in recent years, which is indicative of a larger trend in consumer preferences toward sustainability.

    The need for better building materials, which are necessary for contemporary urban infrastructure, is being further accelerated by the growth of smart cities in India.All things considered, these trends set up the Indian construction aggregate market for a revolutionary stage propelled by technology breakthroughs, legislative backing, and a shifting consumer attitude toward sustainability.

    India Construction Aggregate Market Drivers

    Market Segment Insights

    Construction Aggregate Market Material Insights

    The Material segment of the India Construction Aggregate Market has gained considerable attention due to the vital role it plays in infrastructural development. Crushed stones stand out as a core component due to their durability and versatile application in roads, bridges, and building foundations. The demand for crushed stone is particularly evident in urban areas experiencing rapid growth.Gravel is also significant, often utilized in the construction of driveways, pathways, and as a filtration medium, contributing to the overall strength of concrete. Sand, being a primary ingredient in concrete production, is indispensable in construction activities.

    With India's ongoing urbanization and increasing population, the demand for available quality sand is pressing.M-Sand, or Manufactured Sand, has risen in prominence as an alternative solution for natural sand due to depleting local sources. It provides an effective way to maintain supply while adhering to environmental regulations.

    Additionally, the presence of other minor materials like aggregates from recycled products illustrates a growing trend towards sustainability in construction practices.Overall, the diversity in the Material segment reflects the multifaceted nature of the India Construction Aggregate Market, driven by a blend of economic growth, technological advances, and environmental awareness in building processes.Each material serves a distinct yet interconnected purpose, contributing to the market's robustness in response to India's vast construction needs. As urban centers continue to expand, the significance of these materials will only increase, fostering opportunities for innovation and improved efficiency throughout the industry.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Construction Aggregate Market Application Insights

    The Application segment of the India Construction Aggregate Market is essential for understanding the diverse needs in various sectors. The Residential sector significantly contributes to market dynamics, driven by urbanization and a growing population seeking housing solutions.Commercial applications further add value through construction projects like shopping malls and office buildings, which are ramping up as economic activities surge. Infrastructure development remains a cornerstone of India’s growth strategy, with government initiatives focusing on roads, bridges, and airports, thereby driving demand for aggregates.The Industrial segment encompasses the construction of factories and warehouses, vital for India’s manufacturing aspirations.

    As the nation seeks to enhance its infrastructure, the demand across these application areas is expected to witness substantial growth, reflecting India's commitment to urban development and industrialization.Enhanced regulatory frameworks and investments in public infrastructure are predicted to support the overall demand within these segments long-term, highlighting their significance in the broader India Construction Aggregate Market revenue landscape.

    Get more detailed insights about India Construction Aggregate Market Research Report - Forecast Report 2035

    Regional Insights

    Key Players and Competitive Insights

    The India Construction Aggregate Market is characterized by intense competition and rapid growth, driven by increasing urbanization, infrastructural development, and the rising demand for housing and commercial structures.As one of the key components in the construction sector, aggregates play a crucial role in the production of concrete and asphalt, which are fundamental to road, bridge, and building projects.This market is populated with several players ranging from large corporations to local suppliers, each vying for market share by offering a diverse range of products and services tailored to meet the varying needs of contractors and builders.

    The competitive landscape is marked by technological advancements, price competition, and strategic partnerships, which collectively shape the market dynamics.JSW Cement has established a prominent presence within the India Construction Aggregate Market, leveraging its extensive distribution network and strong brand reputation. The company is recognized for its quality offerings and innovative solutions that cater specifically to the demands of the Indian market, such as environmentally friendly products that promote sustainability in construction practices.JSW Cement's strengths lie in its robust production capacity, strategic positioning across key geographical regions, and investments in research and development to enhance product quality and performance.

    The company has successfully built alliances within the construction industry through strategic projects and initiatives, ensuring a solid foothold in the competitive landscape while continually adapting to changing consumer preferences and market needs.Deccan Cements also plays a significant role in the India Construction Aggregate Market, focusing on the production of high-quality aggregates essential for construction.

    The company’s product range includes various types of crushed stones and gravels that serve multiple purposes throughout the construction sector.With a solid market presence primarily in southern India, Deccan Cements' strengths include its operational efficiencies and strong customer relationships, which have been cultivated over years of reliable service.The organization has pursued strategic mergers and acquisitions to enhance its market reach and production capabilities, thereby reinforcing its competitive edge. The emphasis on quality control and meeting regulatory standards further establishes the company's reputation, making it a trusted supplier in India’s burgeoning construction aggregate market.

    Key Companies in the India Construction Aggregate Market market include

    Industry Developments

    The India Construction Aggregate Market has recently witnessed significant developments, including the ongoing expansion efforts by major players such as JSW Cement and Shree Cement, which aim to cater to the rising demand for infrastructure projects across the country.In September 2023, UltraTech Cement announced plans to increase its production capacity to meet the growing needs for construction materials driven by government initiatives like the National Infrastructure Pipeline.

    In terms of mergers and acquisitions, Dalmia Bharat acquired a controlling stake in a regional player in August 2023, aligning with its strategy to enhance its market presence.ACC and Ambuja Cements, both part of the Adani Group, have focused on sustainability measures, expecting to reduce carbon footprints significantly by 2030, which remains a critical aspect as the market shifts towards eco-friendly alternatives.The market has seen growth in company valuations, supported by robust governmental spending on infrastructure and housing, which has positioned companies like Ramco Cements and Birla Corporation favorably.In the last 2-3 years, notable projects have been launched, receiving substantial investments that are preparing the Indian Construction Aggregate Market for a paradigm shift in conjunction with the broader economic growth perspectives of the nation.

    Market Segmentation

    Outlook

    • Residential
    • Commercial
    • Industrial
    • Infrastructure

    Construction Aggregate Market Material Outlook

    • Crushed Stones
    • Gravel
    • Sand
    • M-Sand
    • Others

    Construction Aggregate Market Application Outlook

    • Residential
    • Commercial
    • Industrial
    • Infrastructure

    Report Scope

    Report Attribute/Metric Source: Details
    MARKET SIZE 2018 33.85(USD Billion)
    MARKET SIZE 2024 36.32(USD Billion)
    MARKET SIZE 2035 81.65(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 7.642% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Billion
    KEY COMPANIES PROFILED JSW Cement, Deccan Cements, ACC, HeidelbergCement, Birla Corporation, Shree Cement, Ambuja Cements, UltraTech Cement, India Cements, Ramco Cements, Dalmia Bharat, Sagar Cements, JK Cement, Pioneer Cement
    SEGMENTS COVERED Material, Application
    KEY MARKET OPPORTUNITIES Rising urbanization demand, Infrastructure development projects, Eco-friendly aggregate adoption, Government investment initiatives, Technological advancements in extraction
    KEY MARKET DYNAMICS Infrastructure development projects, Urbanization and population growth, Regulatory compliance and sustainability, Availability of raw materials, Price fluctuations and competition
    COUNTRIES COVERED India

    Market Highlights

    Author
    Snehal Singh
    Assistant Manager - Research

    High acumen in analyzing complex macro & micro markets with more than 6 years of work experience in the field of market research. By implementing her analytical skills in forecasting and estimation into market research reports, she has expertise in Packaging, Construction, and Equipment domains. She handles a team size of 20-25 resources and ensures smooth running of the projects, associated marketing activities, and client servicing.

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    FAQs

    What is the expected market size of the India Construction Aggregate Market in 2024?

    The India Construction Aggregate Market is expected to be valued at 36.32 USD Billion in 2024.

    What is the projected market size for the India Construction Aggregate Market by 2035?

    By 2035, the market is projected to reach a valuation of 81.65 USD Billion.

    What is the expected CAGR for the India Construction Aggregate Market from 2025 to 2035?

    The expected compound annual growth rate for the market from 2025 to 2035 is 7.642%.

    Which material segment is expected to dominate the India Construction Aggregate Market in 2024?

    The Crushed Stones segment is expected to dominate the market, valued at 14.5 USD Billion in 2024.

    What is the projected market value for the Gravel segment in 2035?

    The Gravel segment is projected to be valued at 19.5 USD Billion by 2035.

    Who are some key players in the India Construction Aggregate Market?

    Key players include JSW Cement, ACC, UltraTech Cement, and Ambuja Cements among others.

    What is the expected market size for M-Sand in 2024?

    The M-Sand segment is expected to be valued at 4.0 USD Billion in 2024.

    What is the expected market size of the Sand segment in 2035?

    The Sand segment is expected to reach a valuation of 15.5 USD Billion in 2035.

    How does the growth rate vary across different materials in the market?

    Each material segment shows growth, with Crushed Stones and Gravel leading in market value and growth potential.

    What challenges are currently impacting the India Construction Aggregate Market?

    The market is facing challenges such as rising raw material costs and regulations affecting supply chains.

    1. EXECUTIVE
    2. SUMMARY
    3. Market Overview
    4. Key Findings
    5. Market Segmentation
    6. Competitive Landscape
    7. Challenges and Opportunities
    8. Future Outlook
    9. MARKET INTRODUCTION
    10. Definition
    11. Scope of the study
    12. Research Objective
    13. Assumption
    14. Limitations
    15. RESEARCH
    16. METHODOLOGY
    17. Overview
    18. Data
    19. Mining
    20. Secondary Research
    21. Primary
    22. Research
    23. Primary Interviews and Information Gathering
    24. Process
    25. Breakdown of Primary Respondents
    26. Forecasting
    27. Model
    28. Market Size Estimation
    29. Bottom-Up
    30. Approach
    31. Top-Down Approach
    32. Data
    33. Triangulation
    34. Validation
    35. MARKET
    36. DYNAMICS
    37. Overview
    38. Drivers
    39. Restraints
    40. Opportunities
    41. MARKET FACTOR ANALYSIS
    42. Value chain Analysis
    43. Porter's
    44. Five Forces Analysis
    45. Bargaining Power of Suppliers
    46. Bargaining
    47. Power of Buyers
    48. Threat of New Entrants
    49. Threat
    50. of Substitutes
    51. Intensity of Rivalry
    52. COVID-19
    53. Impact Analysis
    54. Market Impact Analysis
    55. Regional
    56. Impact
    57. Opportunity and Threat Analysis
    58. India
    59. Construction Aggregate Market, BY Material (USD Billion)
    60. Crushed
    61. Stones
    62. Gravel
    63. Sand
    64. M-Sand
    65. Others
    66. India
    67. Construction Aggregate Market, BY Application (USD Billion)
    68. Residential
    69. Commerical
    70. Industrial
    71. Infrastructure
    72. Competitive Landscape
    73. Overview
    74. Competitive
    75. Analysis
    76. Market share Analysis
    77. Major
    78. Growth Strategy in the Construction Aggregate Market
    79. Competitive
    80. Benchmarking
    81. Leading Players in Terms of Number of Developments
    82. in the Construction Aggregate Market
    83. Key developments
    84. and growth strategies
    85. New Product Launch/Service Deployment
    86. Merger
    87. & Acquisitions
    88. Joint Ventures
    89. Major
    90. Players Financial Matrix
    91. Sales and Operating Income
    92. Major
    93. Players R&D Expenditure. 2023
    94. Company
    95. Profiles
    96. JSW Cement
    97. Financial
    98. Overview
    99. Products Offered
    100. Key
    101. Developments
    102. SWOT Analysis
    103. Key
    104. Strategies
    105. Deccan Cements
    106. Financial
    107. Overview
    108. Products Offered
    109. Key
    110. Developments
    111. SWOT Analysis
    112. Key
    113. Strategies
    114. ACC
    115. Financial
    116. Overview
    117. Products Offered
    118. Key
    119. Developments
    120. SWOT Analysis
    121. Key
    122. Strategies
    123. HeidelbergCement
    124. Financial
    125. Overview
    126. Products Offered
    127. Key
    128. Developments
    129. SWOT Analysis
    130. Key
    131. Strategies
    132. Birla Corporation
    133. Financial
    134. Overview
    135. Products Offered
    136. Key
    137. Developments
    138. SWOT Analysis
    139. Key
    140. Strategies
    141. Shree Cement
    142. Financial
    143. Overview
    144. Products Offered
    145. Key
    146. Developments
    147. SWOT Analysis
    148. Key
    149. Strategies
    150. Ambuja Cements
    151. Financial
    152. Overview
    153. Products Offered
    154. Key
    155. Developments
    156. SWOT Analysis
    157. Key
    158. Strategies
    159. UltraTech Cement
    160. Financial
    161. Overview
    162. Products Offered
    163. Key
    164. Developments
    165. SWOT Analysis
    166. Key
    167. Strategies
    168. India Cements
    169. Financial
    170. Overview
    171. Products Offered
    172. Key
    173. Developments
    174. SWOT Analysis
    175. Key
    176. Strategies
    177. Ramco Cements
    178. Financial
    179. Overview
    180. Products Offered
    181. Key
    182. Developments
    183. SWOT Analysis
    184. Key
    185. Strategies
    186. Dalmia Bharat
    187. Financial
    188. Overview
    189. Products Offered
    190. Key
    191. Developments
    192. SWOT Analysis
    193. Key
    194. Strategies
    195. Sagar Cements
    196. Financial
    197. Overview
    198. Products Offered
    199. Key
    200. Developments
    201. SWOT Analysis
    202. Key
    203. Strategies
    204. JK Cement
    205. Financial
    206. Overview
    207. Products Offered
    208. Key
    209. Developments
    210. SWOT Analysis
    211. Key
    212. Strategies
    213. Pioneer Cement
    214. Financial
    215. Overview
    216. Products Offered
    217. Key
    218. Developments
    219. SWOT Analysis
    220. Key
    221. Strategies
    222. References
    223. Related
    224. Reports
    225. LIST
    226. OF ASSUMPTIONS
    227. India Construction Aggregate Market SIZE
    228. ESTIMATES & FORECAST, BY MATERIAL, 2019-2035 (USD Billions)
    229. India
    230. Construction Aggregate Market SIZE ESTIMATES & FORECAST, BY APPLICATION, 2019-2035
    231. (USD Billions)
    232. PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
    233. ACQUISITION/PARTNERSHIP
    234. LIST
    235. Of figures
    236. MARKET SYNOPSIS
    237. INDIA
    238. CONSTRUCTION AGGREGATE MARKET ANALYSIS BY MATERIAL
    239. INDIA
    240. CONSTRUCTION AGGREGATE MARKET ANALYSIS BY APPLICATION
    241. KEY
    242. BUYING CRITERIA OF CONSTRUCTION AGGREGATE MARKET
    243. RESEARCH
    244. PROCESS OF MRFR
    245. DRO ANALYSIS OF CONSTRUCTION AGGREGATE
    246. MARKET
    247. DRIVERS IMPACT ANALYSIS: CONSTRUCTION AGGREGATE
    248. MARKET
    249. RESTRAINTS IMPACT ANALYSIS: CONSTRUCTION AGGREGATE
    250. MARKET
    251. SUPPLY / VALUE CHAIN: CONSTRUCTION AGGREGATE MARKET
    252. CONSTRUCTION
    253. AGGREGATE MARKET, BY MATERIAL, 2025 (% SHARE)
    254. CONSTRUCTION
    255. AGGREGATE MARKET, BY MATERIAL, 2019 TO 2035 (USD Billions)
    256. CONSTRUCTION
    257. AGGREGATE MARKET, BY APPLICATION, 2025 (% SHARE)
    258. CONSTRUCTION
    259. AGGREGATE MARKET, BY APPLICATION, 2019 TO 2035 (USD Billions)
    260. BENCHMARKING
    261. OF MAJOR COMPETITORS

    India Construction Aggregate Market Segmentation

     

     

     

    • Construction Aggregate Market By Material (USD Billion, 2019-2035)

      • Crushed Stones
      • Gravel
      • Sand
      • M-Sand
      • Others

     

    • Construction Aggregate Market By Application (USD Billion, 2019-2035)

      • Residential
      • Commerical
      • Industrial
      • Infrastructure

     

     

     

     

     

     

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