What is the Market Size of Construction Aggregates in US?
The global construction aggregates market has demonstrated robust growth, with sales reaching approximately USD 310.9 billion in 2018 and growing to USD 392.4 billion in 2023. This upward trend is projected to continue, driven by a 6.5% CAGR, leading to an estimated market value of USD 738.2 billion by 2033. The demand for construction aggregates, which include crushed stones, sand, and gravel, is bolstered by the resurgence of the construction industry in developed regions, emerging opportunities in developing economies, and a growing focus on sustainable construction practices. Additionally, urbanization and population growth are increasing the need for infrastructure and housing, further fueling the market's expansion.