The construction sand and gravel market in the Southern US is forecasted to gradually decline in volume from 2024 to 2028. In 2023, this segment stood at 8.62 million metric tons. Year-on-year variations show a slight decrease of approximately 0.12% annually from 2024 to 2028. The compound annual growth rate (CAGR) over the five-year period is expected to be about -0.12%, indicating a minor contraction.
Trends to watch include:
- Impact of infrastructure investments and government policies on demand.
- Environmental regulations affecting supply chain and extraction processes.
- Technological advancements in alternative materials that could influence sand and gravel usage.