OK Construction World News 08.09.22

This week on our #concrete world news, The Global Concrete Repair Mortars Market size was estimated at USD 2,573.42 million in 2021. That number is expected to grow in 2022 and is projected to at to approximately "USD 4,510.68" million by 2027. On to #Asphalt, two big asphalt producers have joined Napa's net zero initiative. "Teichert Materials" and "Holcim US" has partnered with the National Asphalt Pavement Assocation (NAPA) to "help bring the carbon emissions for its industry down to effectively net-zero by the year 2050." In #construction news, ABC Chief Economist Anirban Basu says " The level of construction activity has begun to fade" due to bigger burrowing cost and home owners refusing to pay for materials due to inflation.

https://sports.yahoo.com/global-concrete-repair-mortars-market-112000739.html

https://www.forconstructionpros.com/asphalt/press-release/22366842/napa-national-asphalt-pavement-association-2-massive-asphalt-producers-join-napas-net-zero-initiative

https://www.constructiondive.com/news/tougher-times-ahead-construction-july-backlogs-fall/629203/