Asphalt is a sustainable paving solution made from a mixture of aggregates, binder, and filler. Aggregates are processed mineral materials such as crushed rock, sand, gravel, slags, or various recycled materials.
This report contains market size and forecasts of Asphalt Paving Material in global, including the following market information:
Global Asphalt Paving Material Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Asphalt Paving Material Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Asphalt Paving Material companies in 2021 (%)
The global Asphalt Paving Material market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Hot Mix Asphalt Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Asphalt Paving Material include CRH, Owens Corning, Vulcan Materials, Saint-Gobain Corporation, Martin Marietta Material, Summit, Heidelberg, ExxonMobil and Michigan Paving & Materials, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Asphalt Paving Material manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Asphalt Paving Material Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Asphalt Paving Material Market Segment Percentages, by Type, 2021 (%)
Hot Mix Asphalt
Warm Mix Asphalt
Cold Mix Asphalt
Others
Global Asphalt Paving Material Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Asphalt Paving Material Market Segment Percentages, by Application, 2021 (%)
Commercial Paving
Industrial Paving
Residential Paving
Municipal Paving
Global Asphalt Paving Material Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Asphalt Paving Material Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Asphalt Paving Material revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Asphalt Paving Material revenues share in global market, 2021 (%)
Key companies Asphalt Paving Material sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Asphalt Paving Material sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
CRH
Owens Corning
Vulcan Materials
Saint-Gobain Corporation
Martin Marietta Material
Summit
Heidelberg
ExxonMobil
Michigan Paving & Materials
Eaton Asphalt
Allied Asphalt
Maymead
H&K Group
LafargeHolcim
Virginia Paving Company
WILK Paving
Asphalt Materials