The projected values for construction sand and gravel stationary plants in Illinois exhibit a decreasing trend from 2024 to 2028. In 2023, the market stood at 38.9 units. From 2024 to 2025, there is a predicted decline of 2.91%, continuing with a 3% drop annually till 2028. Over the five-year forecast period, the compound annual growth rate (CAGR) is expected to decrease by approximately 3.2% annually.
Future trends to watch for:
- Potential regulatory changes impacting construction materials usage.
- Evolving construction techniques diminishing traditional raw material needs.
- Rising demand for eco-friendly alternatives potentially reducing reliance on sand and gravel.
- Technological advancements in recycling existing materials impacting raw material demand.