Market Monitor: Aggregate, concrete & Asphalt
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Market Monitor: Aggregate, Concrete & Asphalt
Making the right decisions for your business starts with having the most accurate and current information available. Our Market Monitor keeps you up to date on the events, trends, and market forces that shape and guide the industry.
- Over the past six years, the aggregate market has demonstrated notable growth, with both total aggregate production and the average selling price per metric ton steadily increasing. Future growth will be propelled by substantial federal and state infrastructure funding.
- EV/EBITDA multiples of publicly traded companies remain high, and transaction activity has largely been dominated by strategic buyers.
- We expect government-funded infrastructure initiatives to speed up the consolidation process in the highly fragmented aggregate industry.