The global Reclaimed Asphalt Pavement Material market was valued at USD 7,528 million in 2023 and is projected to reach USD 9,577.72 million by 2032. This signifies a compound annual growth rate (CAGR) of 3.50% over the forecast period. The market's steady growth is driven by rising urbanization, increasing road construction activities, and government policies promoting sustainable building practices, all of which favor the adoption of recycled materials in infrastructure development.
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