The Europe construction aggregates market is predicted to expand by a CAGR (compound annual growth rate) of 4.2% from 2020 to reach a value of US$23,327.3m by 2027.
The market size stood at US$17,788.1m in 2019 according to the report, which covers the construction aggregates market in Europe (including crushed stones, sand & gravel, and recycled aggregates).
"The increasing demand for high-rise buildings in urban areas can have a tremendous impact on the global market," the report states. "The expansion of buildings and infrastructure such as schools, colleges, industries, and transportation structures can simultaneously improve the market prospects. Moreover, urban hubs such as London and Paris have increasingly used Europe construction aggregates prior to industrialisation. Besides, the demand for high-quality construction materials, including aggregates, will foster the market’s growth."