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Global Demand For Aggregate To Grow

Global demand for construction aggregates is expected to grow 4.7 percent annually through 2011 to 26.8 billion metric tons, valued at $201 billion. These and other trends are presented in “World Construction Aggregates,“ a study released by The Freedonia Group Inc., a Cleveland-based market-research firm. Some of the strongest sales increases will be registered in India, already one of the largest national markets, as well as in China. Smaller markets such as Indonesia, Thailand, Iran and developing countries in Asia also will record strong gains, spurred by industrialization and continued growth in infrastructure construction. Growing environmental and land-use ...

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