How Big is the Road Construction Market | Trends & Opportunities 2025

Code: MTA8795 Publication Date: Sep 2025

How Big is the Road Construction Market?

According to 6Wresearch internal database and industry insights, the Road Construction Market was estimated at USD 1,065 billion in 2024 and is projected to reach USD 1,675 billion by 2031, expanding at a CAGR of 6.7% during the forecast period 2025–2031.

The market growth is driven by infrastructure modernization, rising urbanization, government investments in smart road projects, and increasing demand for sustainable and durable construction materials.

Key Growth Drivers of the Road Construction Market

  • Government support for sustainable projects and smart roads
  • The requirement for durable and eco-friendly building materials
  • Technological advancements in construction equipment and roads
  • Initiatives for infrastructure development and urbanization are growing
  • Increasing highway and motorway construction costs

Road Construction Market Trends

The Road Construction Market is experiencing growth driven by urbanization, rising vehicle ownership, and government-backed infrastructure programs. Smart road technologies and digital project management tools are increasingly adopted to optimize road construction efficiency. The demand of green construction materials and recycling techniques is also reflecting sustainability-focused initiatives in the sector.

Emerging Developments in the Road Construction Market

The Road Construction Market is witnessing large-scale investments in smart highways and connected infrastructure. Modern construction equipment is being introduced by businesses to complete projects more quickly. Long-term infrastructure financing is made possible by the expansion of public-private partnerships. Furthermore, low-carbon materials and cold recycling are two sustainable road-building methods that are becoming more popular in large-scale projects.

List of Leading Companies in the Road Construction Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Vinci SA

Company NameVinci SA
Established Year1899
HeadquartersRueil-Malmaison, France
Official WebsiteClick Here

This company develops large-scale road and highway projects, focusing on sustainable construction and long-term infrastructure development. It delivers efficient and durable transportation solutions worldwide.

2. China Communications Construction Company (CCCC)

Company NameChina Communications Construction Company (CCCC)
Established Year2005
HeadquartersBeijing, China
Official WebsiteClick Here

This company undertakes road, bridge, and highway construction projects, leveraging advanced civil engineering technologies. It provides large-scale infrastructure solutions with high efficiency and long-lasting performance.

3. ACS Group

Company NameACS Group
Established Year1997
HeadquartersMadrid, Spain
Official WebsiteClick Here

This company provides road construction and civil engineering services, specializing in infrastructure modernization. It focuses on sustainable road projects with innovative engineering.

4. Strabag SE

Company NameStrabag SE
Established Year1835
HeadquartersVienna, Austria
Official WebsiteClick Here

This company delivers highway, expressway, and urban road construction projects, emphasizing efficiency, safety, and innovative construction methods for long-lasting transportation infrastructure.

5. Bechtel Corporation

Company NameBechtel Corporation
Established Year1898
HeadquartersReston, Virginia, United States
Official WebsiteClick Here

This company executes major road and transport infrastructure projects, focusing on sustainable construction, design excellence, and advanced engineering solutions for highways and urban roads.

6. Skanska AB

Company NameSkanska AB
Established Year1887
HeadquartersStockholm, Sweden
Official WebsiteClick Here

This company constructs highways and urban transport systems, focusing on eco-friendly building, smart infrastructure, and innovative solutions for efficient and sustainable road networks.

7. Kiewit Corporation

Company NameKiewit Corporation
Established Year1884
HeadquartersOmaha, Nebraska, United States
Official WebsiteClick Here

This company specializes in highway and roadway development, delivering innovative construction, advanced project management, and durable, high-performance infrastructure solutions.

8. Bouygues Construction

Company NameBouygues Construction
Established Year1952
HeadquartersParis, France
Official WebsiteClick Here

This company delivers sustainable road infrastructure projects, integrating digital construction technologies and advanced materials. It focuses on efficiency, safety, and long-lasting transportation solutions.

9. Larsen & Toubro (L&T)

Company NameLarsen & Toubro (L&T)
Established Year1938
HeadquartersMumbai, India
Official WebsiteClick Here

This company undertakes large-scale road and expressway projects, focusing on smart construction technologies, sustainability, and efficient engineering solutions for durable infrastructure development.

10. Ferrovial S.A.

Company NameFerrovial S.A.
Established Year1952
HeadquartersMadrid, Spain
Official WebsiteClick Here

This company develops highway and toll road projects, emphasizing modern engineering solutions, sustainable construction practices, and long-term infrastructure management for safe, efficient transport networks.

How Big is the Road Construction Market : FAQs

The Road Construction Market is projected to reach USD 1,675 billion by 2031.
The Road Construction Market is expected to expand at a CAGR of 6.7% during 2025-2031.
High project costs, land acquisition delays, regulatory approvals, and environmental concerns are major challenges affecting the market.
Highway expansion, expressways, and urban road infrastructure projects account for the largest share of road construction activities.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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