Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Recycled construction aggregates are crushed cement concrete or asphalt pavement obtained from construction debris. These aggregates are collected and reused for construction activities. The global recycled construction aggregates market is projected to surpass  6.2 million tons by the end of 2027 in terms of volume, exhibiting a CAGR of 6.0% during the forecast period (2020 to 2027).

Drivers

The expanding construction industry is expected to drive growth of the global recycled construction aggregates market during the forecast period. For instance, according to the Global Construction Perspectives and Oxford Economics, the global construction industry is expected to reach US$ 17.5 trillion by 2030, which is a US$ 8 trillion rise from 2015.

Among regions, Europe held dominant position in the global recycled construction aggregates market in 2019, reporting 35% market share in terms of volume, followed by North America, among others.

Figure 1. Global Recycled Construction Aggregates Market Revenue Share (%), By Region, 2019

Recycled Construction Aggregates  | Coherent Market Insights

Market Restraints

The recycled construction aggregates market is severely affected due to declining construction activities during severe rains and winters, worldwide. These factors are expected to restrain growth of the recycled construction aggregates market during the forecast period.

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Recycled Construction Aggregates Market Report Coverage

Report Coverage Details
Base Year: 2019 Market Size in 2019: 3.9 Mn Tons
Historical Data for: 2016 to 2019 Forecast Period: 2020 to 2027
Forecast Period 2020 to 2027 CAGR: 6.0% 2027 Value Projection: 6.2 Mn Tons
Geographies covered:
  • Regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa
Segments covered:
  • By Product Type: Crushed Stone, Sand & Gravel, Cement Concrete, and Other Aggregates
  • By Application: ??mm?r???l, R???d?nt??l, ?ndu?tr??l, and ?nfr??tru?tur?
Companies covered:

Tarmac, Delta Sand & Gravel Co., LafargeHolcim Ltd., Aggregate Industries Management, Inc., CEMEX, Vulcan Materials Company, CESPA, Green Stone Materials, CRH Plc., and Heidelberg Cement AG

Growth Drivers:
  • The rising number of large-scale infrastructural activities
  • The rising preference for environment friendly and recycled product-based construction materials & components in construction industry
Restraints & Challenges:
  • The growing ??n??rn? r?g?rd?ng ?nv?r?nm?nt ??f?t? ?nd ???ur?t?

Market Opportunities

Key players in the recycled construction aggregates market are focusing on mergers and acquisitions to expand their presence and thereby increase their consumer base. For instance, in 2017, Heidelberg Cement AG’s U.S. subsidiary Cadman Materials, Inc., acquired Cemex’s Pacific Northwest Materials Business consisting of aggregates, asphalt and ready-mixed concrete operations business to cater to demand from the North American market.

Figure 2. Global Recycled Construction Aggregates Market – Opportunity Analysis

Recycled Construction Aggregates  | Coherent Market Insights

Market Trends

The rising awareness regarding the depletion of natural resources has led to an increase in demand for recycled materials for construction activities. Therefore, demand for recycled construction aggregates is expected to increase during the forecast period.

Figure 3. Global Recycled Construction Aggregates Market Revenue Share (%), By Application, 2019

Recycled Construction Aggregates  | Coherent Market Insights

On the basis of application, the recycled construction aggregates market is segmented into commercial, residential, industrial and infrastructure. In 2019, the infrastructure segment accounted for 37% of the volume share.

Global Recycled Construction Aggregates Market - Impact of Coronavirus (Covid-19) Pandemic

The global recycled construction aggregates market is expected to witness significant growth in 2021, post Covid-19 pandemic. The construction industry is expected to grow post pandemic in 2021. Furthermore, various countries such as the U.S., among others, have started their construction activities in the second quarter of 2020. This suggests that demand for recycled construction aggregates has not faced a major decline during the pandemic and is expected to recover by the end of 2020 in developed economies.

Competitive Section

Key players operating in the global recycled construction aggregates market are Tarmac, Delta Sand & Gravel Co., LafargeHolcim Ltd., Aggregate Industries Management, Inc., CEMEX, Vulcan Materials Company, CESPA, Green Stone Materials, CRH Plc., and Heidelberg Cement AG.

The global recycled construction aggregates market is expected to exhibit a CAGR of 6.0% during the forecast period owing to the rising number of large-scale infrastructural activities.

Among application, the infrastructure segment held a significant position in the global recycled construction aggregates market in 2019. Owing to the increasing awareness regarding sustainable living and the growing disposable income, people have started switching to constructing green buildings from conventional office/residential spaces. This trend is expected to boost demand for recycled construction aggregates during the forecast period.

Among regions, Asia Pacific is expected to account for a significant market share during the forecast period (2020-2027) owing to the increasing population in this region. Apart from this, factors such as the increasing disposable income and construction activities are also expected to favor demand for recycled construction aggregates in this region during the forecast period. For instance, as per the World Bank’s data, in 2015, China recorded a population of 1.37 billion, which increased and reached 1.39 billion by 2018. Furthermore, as per the National Bureau of Statistics of China, in 2019, China's per capita disposable income was US$ 4,462 and the per capita disposable income in rural areas was higher than that in urban areas. Moreover, as per the World Resources Institute, China is expected to spend around US$ 13 trillion on buildings by 2030. Therefore, the increasing number of construction activities in Asia Pacific are expected to boost demand for recycled construction aggregates in this region during the forecast period.

Key features of the study:

  • This report provides in-depth analysis of recycled construction aggregates market, and provides market size (US$ Million & Mn Tons) and compound annual growth rate (CAGR %) for the forecast period (2020-2027), considering 2019 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global recycled construction aggregates market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study are Tarmac, Delta Sand & Gravel Co., LafargeHolcim Ltd., Aggregate Industries Management, Inc., CEMEX, Vulcan Materials Company, CESPA, Green Stone Materials, CRH Plc., and Heidelberg Cement AG
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology upgradation, market expansion, and marketing tactics
  • The global recycled construction aggregates market report caters to various stakeholders in this industry including investors, suppliers, recycled construction aggregates manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global recycled construction aggregates market.

Detailed Segmentation:

  • Global Recycled Construction Aggregates Market, By Product Type:
    • Crushed Stone
    • Sand & Gravel
    • Cement Concrete
    • Other Aggregates
  • Global Recycled Construction Aggregates Market, By Application:
    • Соmmеrсіаl
    • Rеѕіdеntіаl
    • Іnduѕtrіаl
    • Іnfrаѕtruсturе
  • Global Recycled Construction Aggregates Market, By Region:
    • North America
      • U.S.
        • By Product Type:
          • Crushed Stone
          • Sand & Gravel
          • Cement Concrete
          • Other Aggregates
        • By Application:
          • Соmmеrсіаl
          • Rеѕіdеntіаl
          • Іnduѕtrіаl
          • Іnfrаѕtruсturе
      • Canada
        • By Product Type:
          • Crushed Stone
          • Sand & Gravel
          • Cement Concrete
          • Other Aggregates
        • By Application:
          • Соmmеrсіаl
          • Rеѕіdеntіаl
          • Іnduѕtrіаl
          • Іnfrаѕtruсturе
    • Europe
      • U.K.
        • By Product Type:
          • Crushed Stone
          • Sand & Gravel
          • Cement Concrete
          • Other Aggregates
        • By Application:
          • Соmmеrсіаl
          • Rеѕіdеntіаl
          • Іnduѕtrіаl
          • Іnfrаѕtruсturе
      • Italy
        • By Product Type:
          • Crushed Stone
          • Sand & Gravel
          • Cement Concrete
          • Other Aggregates
        • By Application:
          • Соmmеrсіаl
          • Rеѕіdеntіаl
          • Іnduѕtrіаl
          • Іnfrаѕtruсturе
      • France
        • By Product Type:
          • Crushed Stone
          • Sand & Gravel
          • Cement Concrete
          • Other Aggregates
        • By Application:
          • Соmmеrсіаl
          • Rеѕіdеntіаl
          • Іnduѕtrіаl
          • Іnfrаѕtruсturе
      • Germany
        • By Product Type:
          • Crushed Stone
          • Sand & Gravel
          • Cement Concrete
          • Other Aggregates
        • By Application:
          • Соmmеrсіаl
          • Rеѕіdеntіаl
          • Іnduѕtrіаl
          • Іnfrаѕtruсturе
      • Spain
        • By Product Type:
          • Crushed Stone
          • Sand & Gravel
          • Cement Concrete
          • Other Aggregates
        • By Application:
          • Соmmеrсіаl
          • Rеѕіdеntіаl
          • Іnduѕtrіаl
          • Іnfrаѕtruсturе
      • Russia
        • By Product Type:
          • Crushed Stone
          • Sand & Gravel
          • Cement Concrete
          • Other Aggregates
        • By Application:
          • Соmmеrсіаl
          • Rеѕіdеntіаl
          • Іnduѕtrіаl
          • Іnfrаѕtruсturе
      • Rest of Europe
        • By Product Type:
          • Crushed Stone
          • Sand & Gravel
          • Cement Concrete
          • Other Aggregates
        • By Application:
          • Соmmеrсіаl
          • Rеѕіdеntіаl
          • Іnduѕtrіаl
          • Іnfrаѕtruсturе
    • Asia Pacific
      • China
        • By Product Type:
          • Crushed Stone
          • Sand & Gravel
          • Cement Concrete
          • Other Aggregates
        • By Application:
          • Соmmеrсіаl
          • Rеѕіdеntіаl
          • Іnduѕtrіаl
          • Іnfrаѕtruсturе
      • India
        • By Product Type:
          • Crushed Stone
          • Sand & Gravel
          • Cement Concrete
          • Other Aggregates
        • By Application:
          • Соmmеrсіаl
          • Rеѕіdеntіаl
          • Іnduѕtrіаl
          • Іnfrаѕtruсturе
      • Japan
        • By Product Type:
          • Crushed Stone
          • Sand & Gravel
          • Cement Concrete
          • Other Aggregates
        • By Application:
          • Соmmеrсіаl
          • Rеѕіdеntіаl
          • Іnduѕtrіаl
          • Іnfrаѕtruсturе
      • ASEAN
        • By Product Type:
          • Crushed Stone
          • Sand & Gravel
          • Cement Concrete
          • Other Aggregates
        • By Application:
          • Соmmеrсіаl
          • Rеѕіdеntіаl
          • Іnduѕtrіаl
          • Іnfrаѕtruсturе
      • Australia
        • By Product Type:
          • Crushed Stone
          • Sand & Gravel
          • Cement Concrete
          • Other Aggregates
        • By Application:
          • Соmmеrсіаl
          • Rеѕіdеntіаl
          • Іnduѕtrіаl
          • Іnfrаѕtruсturе
      • South Korea
        • By Product Type:
          • Crushed Stone
          • Sand & Gravel
          • Cement Concrete
          • Other Aggregates
        • By Application:
          • Соmmеrсіаl
          • Rеѕіdеntіаl
          • Іnduѕtrіаl
          • Іnfrаѕtruсturе
      • Rest of Asia Pacific
        • By Product Type:
          • Crushed Stone
          • Sand & Gravel
          • Cement Concrete
          • Other Aggregates
        • By Application:
          • Соmmеrсіаl
          • Rеѕіdеntіаl
          • Іnduѕtrіаl
          • Іnfrаѕtruсturе
    • Latin America
      • Brazil
        • By Product Type:
          • Crushed Stone
          • Sand & Gravel
          • Cement Concrete
          • Other Aggregates
        • By Application:
          • Соmmеrсіаl
          • Rеѕіdеntіаl
          • Іnduѕtrіаl
          • Іnfrаѕtruсturе
      • Argentina
        • By Product Type:
          • Crushed Stone
          • Sand & Gravel
          • Cement Concrete
          • Other Aggregates
        • By Application:
          • Соmmеrсіаl
          • Rеѕіdеntіаl
          • Іnduѕtrіаl
          • Іnfrаѕtruсturе
      • Mexico
        • By Product Type:
          • Crushed Stone
          • Sand & Gravel
          • Cement Concrete
          • Other Aggregates
        • By Application:
          • Соmmеrсіаl
          • Rеѕіdеntіаl
          • Іnduѕtrіаl
          • Іnfrаѕtruсturе
      • Rest of Latin America
        • By Product Type:
          • Crushed Stone
          • Sand & Gravel
          • Cement Concrete
          • Other Aggregates
        • By Application:
          • Соmmеrсіаl
          • Rеѕіdеntіаl
          • Іnduѕtrіаl
          • Іnfrаѕtruсturе
    • Middle East & Africa
      • Middle East
        • By Product Type:
          • Crushed Stone
          • Sand & Gravel
          • Cement Concrete
          • Other Aggregates
        • By Application:
          • Соmmеrсіаl
          • Rеѕіdеntіаl
          • Іnduѕtrіаl
          • Іnfrаѕtruсturе
      • Africa
        • By Product Type:
          • Crushed Stone
          • Sand & Gravel
          • Cement Concrete
          • Other Aggregates
        • By Application:
          • Соmmеrсіаl
          • Rеѕіdеntіаl
          • Іnduѕtrіаl
          • Іnfrаѕtruсturе        
  • Company Profiles
    • Tarmac *
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Delta Sand & Gravel Co.
    • LafargeHolcim Ltd.
    • Aggregate Industries Management, Inc.
    • CEMEX
    • Vulcan Materials Company
    • CESPA
    • Green Stone Materials
    • CRH Plc.
    • Heidelberg Cement AG

 “*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • Mergers and Acquisitions
  4. Global Recycled Construction Aggregates Market - Impact of Coronavirus (Covid-19) Pandemic
    • Overview
    • Factors Affecting Global Recycled Construction Aggregates Market – COVID-19
    • Impact Analysis
  5. Global Recycled Construction Aggregates Market, By Product Type, 2017- 2027 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2019, 2022 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Crushed Stone    
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn)
    • Sand & Gravel
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn)
    • Cement Concrete
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn)
    • Other Aggregates
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn)
  6. Global Recycled Construction Aggregates Market, By Application, 2017- 2027 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2019, 2022 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Соmmеrсіаl
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn)
    • Rеѕіdеntіаl
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn)
    • Іnduѕtrіаl
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn)
    • Іnfrаѕtruсturе
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn)
  7. Global Recycled Construction Aggregates Market, By Region, 2017- 2027 (US$ Mn)
    • Introduction
      • Market Share Analysis, By Region, 2019, 2022 and 2027 (%)
      • Y-o-Y Growth Analysis, For Regions, 2020 - 2027
    • North America
      • Market Share Analysis, By Country, 2019, 2022 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • U.S.
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
        • Canada
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
    • Latin America
      • Market Share Analysis, By Country, 2019, 2022 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • Brazil
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
        • Argentina
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
        • Mexico
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
        • Rest of Latin America
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
    • Europe
      • Market Share Analysis, By Country, 2019, 2022 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • U.K.
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
        • Germany
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
        • Italy
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
        • France
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
        • Spain
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
        • Russia
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
        • Rest of Europe
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
    • Asia Pacific
      • Market Share Analysis, By Country, 2019, 2022 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • China
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
        • India
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
        • Japan
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
        • ASEAN
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
        • Australia
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
        • South Korea
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
        • Rest of Asia Pacific
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
    • Middle East & Africa
      • Market Share Analysis, By Sub-region, 2019, 2022 and 2027 (%)
      • Y-o-Y Growth Analysis, By Sub-region, 2019 - 2027
        • Middle East
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
        • Africa
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Mn)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn)
  8. Competitive Landscape
    • Heat Map Analysis
    • Market Share Analysis (3x3 Matrix)
    • Company Profiles
      • Tarmac
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Delta Sand & Gravel Co.   
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • LafargeHolcim Ltd.
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Aggregate Industries Management, Inc.    
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • CEMEX
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Vulcan Materials Company
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • CESPA
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Green Stone Materials
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • CRH Plc.
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Heidelberg Cement AG
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
  9. Section
    • References
    • Research Methodology
    • About us and Sales Contact

* Browse 40 market data tables* and 20 figures* on "Recycled Construction Aggregates Market” - Global forecast to 2027.

Frequently Asked Questions

The global recycled construction aggregates market is projected to surpass 6.2 million tons by 2027, and is expected to exhibit a CAGR of 6.0% between 2020 and 2027.
The increasing number of construction activities across the globe are expected to drive the market growth during the forecast period.
The rising awareness regarding use of recycled materials for construction is a major trend that is expected to positively impact growth of the global recycled construction aggregates market during the forecast period.
Extreme climatic conditions such as severe winter and rains can hamper growth of the recycled construction aggregates market during the forecast period.
Major players operating in the global recycled construction aggregates market are Tarmac, Delta Sand & Gravel Co., LafargeHolcim Ltd., Aggregate Industries Management, Inc., CEMEX, Vulcan Materials Company, CESPA, Green Stone Materials, CRH Plc., and Heidelberg Cement AG.
The global recycled construction aggregates market is estimated to be valued over 3.9 million tons in terms of volume in 2019.
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