Aggregates Market Escalating At A CAGR Of 6.5% For The Forecast Period From 2019 To 2025 : Grand View Research Inc.
San Francisco, 10 October 2019: The Report Aggregates Market Size, Share & Trends Analysis Report By Type (Crushed Stone, Sand, Gravel), By Application (Concrete), By Region, And Segment Forecasts, 2019 – 2025 The global aggregates market size is expected to reach USD 671.1 billion by 2025, escalating at a CAGR of 6.5% over the forecast period, according to a new report by Grand View Research, Inc. Aging of infrastructure and expanding construction sector are anticipated to drive the growth of construction aggregates market over the forecast period. Infrastructure investment is anticipated to remain a key focus area over the coming years. Both developed and developing economies are concentrating on the expansion of infrastructure sector. For instance, as per the 2019 economic survey of India, the country will have a huge requirement for investment amounting to USD 4.5 trillion by 2040. India spends around USD 200 billion per year, which is around 7% to 8% of its gross