In 2023, the sold production of bituminous mixtures in Italy was recorded at a substantial volume, setting the stage for future growth. From 2024, forecasts indicate a progressive increase in production volume, from 17.799 billion kilograms, reaching 19.375 billion by 2028. The year-on-year growth rate starts at approximately 2.24% from 2024 to 2025, and slightly accelerates to 2.11% in subsequent years. The compound annual growth rate (CAGR) over the five years is projected at around 1.68%, illustrating steady growth potential. This indicates a stable demand for bituminous mixtures used in construction and infrastructure projects.
Future trends to watch for:
- Impact of sustainable construction practices on material demand.
- Technological advancements in material efficiency and production.
- Government infrastructure investments and policy changes.
- Global economic conditions affecting raw material costs.