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The aggregates market size is forecast to increase by USD 51.86 billion at a CAGR of 5.2% between 2023 and 2028. The market is experiencing significant growth due to the increasing investments in infrastructure development and urbanization in cities worldwide. With the United Nations projecting a global population rise, the demand for construction sector materials, including natural sand and gravel, is expected to increase. Industrialization is another driving factor, as industries require large quantities of aggregates for various applications. However, challenges persist, such as infrastructure problems and illegal mining activities. Pea gravel is gaining preference over crushed stone due to its environmental benefits and superior performance in certain applications. The World Bank and other international organizations are promoting sustainable mining practices to mitigate the negative impacts of illegal activities.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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