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Growth Spurt for Aggregates

Published Tuesday, July 01, 2003

Never mind the stunted 2002 production figures, say industry prognosticators. Aggregate demand still has a lot of growing to do in the coming years. The Freedonia group's recent study, World Construction Aggregates, predicts worldwide demand for aggregate products will increase 4.7% annualy through 2007. This sum includes crushed stone, sand and gravel, clay and recycled debris. The study indicates the United States should experience a 2.1% annual increase through 2007 — nearly an 11% increase at the end of the five years. The United States should produce 3.1 billion metric tons in 2007 compared with the 2.8 billion ...

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