Asphalt Market Top Companies, Trends and Future Details for Business Opportunity 2023-2028

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Global Asphalt Market Research and Forecast
Report 2023-2028




Author Elena Anderson Marketing Manager IMARC
Group
2022 IMARC All Rights Reserved
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
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About IMARC Group
Report Description
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Report Description and Highlights
Report Description
Global Asphalt Market Research Report
2023-2028 According to the latest report by
IMARC Group, titled "Asphalt Market Global
Industry Trends, Share, Size, Growth, Opportunity
and Forecast 2023-2028," the global asphalt
market reached a value of US 234.4 Million in
2022. Asphalt is a sticky, black and semi-solid
binding material that is obtained from natural
deposits or refining the residue from the crude
oil distillation process. Also known as bitumen,
it is a highly viscous liquid or semi-solid form
of petroleum that comprises hydrogen and carbon
with minor proportions of sulfur, nitrogen, and
oxygen. It is extremely durable in nature with
excellent resistance to crack and temperature
variations. It is majorly used as a glue or
binder with aggregate particles for creating
asphalt concrete, which is widely used in the
construction of roads, waterproofing and sealing
flat roofs. Request for a PDF sample of this
report https//www.imarcgroup.com/asphalt-market
/requestsample

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Report Description and Highlights
Report Description

Global Asphalt Market Trends The global
market is primarily driven by considerable growth
in the construction sector. With rapid
urbanization and increasing population, there has
been an escalating need for the construction of
residential spaces as well as infrastructural
development. Asphalt is commonly used for the
construction of highways and pavements that
provides vehicles with better grip and improved
safety. It is also utilized as a preferred
roofing material due to its affordable nature and
exceptional waterproofing property, thereby
providing an impetus to the market growth. The
market is further driven by the favorable
initiatives undertaken by the government of
various countries to promote the usage of
recycled asphalt pavement (RAP) across the
residential and commercial segments. RAP involves
the emulsion being blended with old pavements to
be utilized for repairing damaged roads and the
reconstruction of worn highway surfaces. Some of
the other factors contributing to the market
growth include the growing preference for
sustainable construction and the rising
popularity of polymerized asphalt cement for
building activities. On account of the
aforementioned factors, the market is expected to
reach a value of US 328.8 Million by 2028,
expanding at a CAGR of 5.2 during
2023-2028. View Report TOC, Figures and Tables
https//www.imarcgroup.com/asphalt-market
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Report Description and Highlights
Report Description

• Key Market Segmentation
• The research report includes the following
  segments
• Breakup by Product
• Asphalt Paving Mixtures and Blocks
• Prepared Asphalt and Tar Roofing and Siding
  Products
• Roofing Asphalts and Pitches, Coatings and Cement
• Breakup by Asphalt Type
• Hot Mix Asphalt
• Warm Mix Asphalt
• Cold Mix Asphalt
• Breakup by Application
• Roadways
• Waterproofing
• Recreation
• Others

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Report Description and Highlights
Report Description

•  
• Breakup by End-Use Sector
• Non-Residential
• Residential
• Others
• Breakup by Region
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa

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Report Description and Highlights
Report Description

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• Competitive Landscape with Key Players
• Aggregate Industries Ltd.
• Anglo American Plc
• Atlas Roofing Corporation
• BP Plc
• Cemex
• Chevron Corporation
• Exxon Mobil Corporation
• Imperial Oil Limited
• Owens Corning
• Petroleos de Venezuela S.A
• Royal Dutch Shell plc
• Shell International
• Total SA
• United Refining Inc.

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Key Questions Answered in the Report
Report Description

1. What was the size of the global asphalt market
in 2022? 2. What is the expected growth rate of
the global asphalt market during 2023-2028? 3.
What has been the impact of COVID-19 on the
global asphalt market? 4. What are the key
factors driving the global asphalt market? 5.
What is the breakup of the global asphalt market
based on the product? 6. What is the breakup of
the global asphalt market based on the asphalt
type? 7. What is the breakup of the global
asphalt market based on the application? 8. What
are the key regions in the global asphalt
market? 9. Who are the key players/companies in
the global asphalt market?
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Table of Contents
Report Description

1 Preface 2 Scope and Methodology 2.1
Objectives of the Study 2.2 Stakeholders
2.3 Data Sources 2.3.1 Primary
Sources 2.3.2 Secondary Sources
2.4 Market Estimation 2.4.1
Bottom-Up Approach 2.4.2 Top-Down
Approach 2.5 Forecasting Methodology 3
Executive Summary 4 Introduction 4.1
Overview 4.2 Key Industry Trends 5
Global Asphalt Market 5.1 Market Overview
5.2 Market Performance 5.3 Impact of
COVID-19 5.4 Market Forecast
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Table of Contents
Report Description
6 Market Breakup by Product 6.1
Asphalt Paving Mixtures and Blocks 6.1.1
Market Trends 6.1.2 Market Forecast
6.2 Prepared Asphalt and Tar Roofing and
Siding Products 6.2.1 Market Trends
6.2.2 Market Forecast 6.3 Roofing
Asphalts and Pitches, Coatings and Cement
6.3.1 Market Trends 6.3.2 Market
Forecast 7 Market Breakup by Asphalt Type
7.1 Hot Mix Asphalt 7.1.1 Market
Trends 7.1.2 Market Forecast 7.2
Warm Mix Asphalt 7.2.1 Market Trends
7.2.2 Market Forecast Click here to visit
the complete table of content with list of
figures and tables https//www.imarcgroup.com/as
phalt-market/toc

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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Report Description and Highlights
Report Description

2022 IMARC All Rights Reserved This
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