Road Aggregates Market Present Scenario and Growth Prospects 2032
The global road aggregates market share is set to experience substantial growth, with a projected compound annual growth rate (CAGR) of 6.8% over the forecast period. According to the latest analysis by Future Market Insights (FMI), the market, currently valued at USD 367.70 billion in 2022, is expected to soar to USD 709.91 billion by 2032 . This growth is driven by increasing demand from the construction sector and significant investments in highway expansion. Road aggregates are granular materials such as gravel, limestone, and crushed rock used primarily as a base layer in road construction. They are combined with water and cement for their final application on roads, providing strength, toughness, and stiffness. These materials are crucial in the construction of roads, bridges, tunnels, and other infrastructure projects. Read more: https://www.futuremarketinsights.com/reports/road-aggregates-market The surge in demand for road aggregates is closely lin...