In 2023, the construction sand and gravel operations in the western US reported a baseline volume of 5.0-s. The forecast from 2024 to 2028 shows a consistent decline, beginning at 4.1-s in 2024 and dropping significantly to 0.4-s by 2028. Year-on-year variations indicate substantial declines, with a 24.39% drop from 2024 to 2025 and continuously declining thereafter, ending at a staggering 69.23% decline from 2027 to 2028. The five-year CAGR reflects a notable downward trend in the market.
Future trends to watch for include:
- Potential shifts in infrastructure investments or projects in the western US.
- Technological advancements in construction materials leading to reduced reliance on traditional sand and gravel.
- Possible regulatory changes affecting extraction and supply costs.
- Environmental and sustainability concerns impacting material sourcing and usage.
