U.S. Market for Advanced Infrastructure Materials to Reach 2022

The market for advanced infrastructure materials and subassemblies was worth $11.5 billion in 2017 and is forecast to increase to $17.1 billion in 2022, reaching a compound annual growth rate (CAGR) of 8.2%. Public works are construction or engineering projects executed by governments or other agencies on behalf of the community, including bridges, tunnels, highways, roads, railroads, airports, canals, dams, dikes, artificial harbors and some pipelines. The term “advanced materials” is relative and applies to the current generation of innovative materials and technologies.


Source: Global Newswire

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