Synthetic Aggregates Market to Observe Strong Development by 2026
Synthetic
aggregates are lightweight aggregates composed of recycled plastics
and coal fly ash. They are typically used as construction materials.
These aggregates weigh less than 70 lbs/ft3 and are 30%-70% lighter
than mineral aggregates. Synthetic aggregates are produced by
utilizing waste from blast furnace or rotary kilns such as sewage
sludge, incinerated sewage sludge, pulverized fuel ash, oil sands,
and slag. They are heated at around 1000°F to 4500°F. Synthetic
aggregates can also be produced from non-cementitious fly ash through
coal burning process, recycled plastics, and recycled glass.
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Synthetic
Aggregates Market: Key Segments
Based
on product type, the global synthetic aggregates market can be
segmented into pyro-processed ceramic aggregates and plastic
aggregates. Pyro-process aggregates are manufactured by heating
natural materials such as shale and clay, while plastic aggregates
are formed by heating industrial by-products and consumer plastics.
Ceramic aggregates are widely used in the construction industry in
the production of Portland cement for bridge deck applications. They
are also used in concrete for high rise construction. Concrete
produced by mixing synthetic aggregates is strong with less weight
vis-Ã -vis that produced by traditional aggregates. Synthetic
aggregates are also employed in seal chips, which are used in traffic
areas. These aggregates offer superior skid-resistance and bonding
with asphalt emulsion due to their porous structure.
Synthetic
Aggregates Market: Trends & Demands
Rise
in demand for sustainable construction materials with low CO2
emission, typically for the building & construction industry, is
driving the global synthetic aggregates market. Increase in
construction activities, such as highways and pavements, across the
globe and growth in usage of concrete in buildings are boosting the
synthetic aggregates market. Stiff competition from natural
aggregates derived from sand, gravel, rocks, etc. is expected to
hamper the market during the forecast period. Rise in demand for
concrete products such as concrete roof shingles, ultra-light weight
concrete, culvert pipe, concrete underground vessels, and
pre-stressed or tilt-up concrete is anticipated to provide lucrative
opportunities to manufacturers of synthetic aggregates during the
forecast period.
Synthetic
Aggregates Market: Regional Outlook
In
terms of region, the global synthetic aggregates market can be
segregated into North America, Latin America, Europe, Asia Pacific,
and Middle East & Africa. North America is the leading consumer
of synthetic aggregates, followed by Europe and Asia Pacific. Rise in
demand for aggregates derived from recycled waste to curb carbon
emissions is boosting the synthetic aggregates market in North
America. Increase in demand for lightweight concrete in the U.K.
Germany, France, and countries in Eastern Europe is anticipated to
drive the demand for synthetic aggregates in Europe during the
forecast period. Concrete mixed with synthetic aggregates produces
lightweight concrete, which offers benefits such as improved
structural efficiency, ease of transport, less labor force, reduced
dead load of a structure, ease of renovation and repair, and better
thermal insulation.
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This
is augmenting the demand for synthetic aggregates in Europe. Asia
Pacific is projected to provide lucrative opportunities to
manufacturers of synthetic aggregates in near future due to the rise
in urbanization and growth in disposable income of consumers.
Expansion in the building & construction industry in developing
economies of Asia Pacific such as China, India, and Vietnam is likely
to propel the demand for synthetic aggregates in the near future. The
market in Latin America and Middle East & Africa is estimated to
expand at a moderate pace during the forecast period. Increase in
adoption of green construction materials and green and energy
efficient buildings is expected to drive the synthetic aggregate
market in Latin America and Middle East & Africa. Growth in
construction activities in the UAE, Qatar, and South Africa is
anticipated to boost the market in Middle East & Africa during
the forecast period.
Synthetic
Aggregates Market: Key Players
Key
players operating in the global synthetic aggregates market are
Melvin Stone Company, Urbana Materials, Northern Kentucky Aggregates,
and Wooster Materials.
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