Asphalt Market Size, Share, Industry Analysis, Trends, Growth, Forecasts, 2030
Asphalt Market By Type (Hot Mix Asphalt, Warm Mix Asphalt, and Cold Mix Asphalt), By End-Use Industry (Infrastructure, Residential, Construction, and Non-Residential Construction), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2023 - 2030
Category: Chemical & Materials Report Format : PDF
Pages: 228 Report Code: ZMR-8013
Published Date: Jan-2024 Status : Published
| Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 240 Million | USD 350 Million | 3.1% | 2022 |
Table Of Content
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market research methodology
- Chapter 2. Executive Summary
- 2.1 Global Asphalt Market, (2023 - 2030) (USD Million)
- 2.2 Global Asphalt Market : snapshot
- Chapter 3. Global Asphalt Market - Industry Analysis
- 3.1 Asphalt Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Increasing demand for road infrastructure development to propel the market growth.
- 3.3 Market Restraints
- 3.3.1. Environmental concerns associated with traditional asphalt production processes may halt the market.
- 3.4 Market Opportunities
- 3.4.1. Ongoing advancements toward more sustainable and environmentally friendly practices to provide growth opportunities.
- 3.5 Market Challenges
- 3.5.1. Susceptibility to the fluctuating prices of raw materials to challenge market growth.
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market attractiveness analysis By Type
- 3.7.2 Market attractiveness analysis By End-Use Industry
- Chapter 4. Global Asphalt Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Asphalt Market: company market share, 2022
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Asphalt Market - Type Analysis
- 5.1 Global Asphalt Market overview: By Type
- 5.1.1 Global Asphalt Market share, By Type, 2022 and 2030
- 5.2 Hot Mix Asphalt
- 5.2.1 Global Asphalt Market by Hot Mix Asphalt, 2023 - 2030 (USD Million)
- 5.3 Warm Mix Asphalt
- 5.3.1 Global Asphalt Market by Warm Mix Asphalt, 2023 - 2030 (USD Million)
- 5.4 Cold Mix Asphalt
- 5.4.1 Global Asphalt Market by Cold Mix Asphalt, 2023 - 2030 (USD Million)
- 5.1 Global Asphalt Market overview: By Type
- Chapter 6. Global Asphalt Market - End-Use Industry Analysis
- 6.1 Global Asphalt Market overview: By End-Use Industry
- 6.1.1 Global Asphalt Market share, By End-Use Industry, 2022 and 2030
- 6.2 Infrastructure
- 6.2.1 Global Asphalt Market by Infrastructure, 2023 - 2030 (USD Million)
- 6.3 Residential
- 6.3.1 Global Asphalt Market by Residential, 2023 - 2030 (USD Million)
- 6.4 Construction
- 6.4.1 Global Asphalt Market by Construction, 2023 - 2030 (USD Million)
- 6.5 Non-Residential Construction
- 6.5.1 Global Asphalt Market by Non-Residential Construction, 2023 - 2030 (USD Million)
- 6.1 Global Asphalt Market overview: By End-Use Industry
- Chapter 7. Asphalt Market - Regional Analysis
- 7.1 Global Asphalt Market Regional Overview
- 7.2 Global Asphalt Market Share, by Region, 2022 & 2030 (USD Million)
- 7.3. North America
- 7.3.1 North America Asphalt Market, 2023 - 2030 (USD Million)
- 7.3.1.1 North America Asphalt Market, by Country, 2023 - 2030 (USD Million)
- 7.3.1 North America Asphalt Market, 2023 - 2030 (USD Million)
- 7.4 North America Asphalt Market, by Type, 2023 - 2030
- 7.4.1 North America Asphalt Market, by Type, 2023 - 2030 (USD Million)
- 7.5 North America Asphalt Market, by End-Use Industry, 2023 - 2030
- 7.5.1 North America Asphalt Market, by End-Use Industry, 2023 - 2030 (USD Million)
- 7.4. Europe
- 7.4.2 Europe Asphalt Market, 2023 - 2030 (USD Million)
- 7.4.2.1 Europe Asphalt Market, by Country, 2023 - 2030 (USD Million)
- 7.4.2 Europe Asphalt Market, 2023 - 2030 (USD Million)
- 7.4 Europe Asphalt Market, by Type, 2023 - 2030
- 7.4.1 Europe Asphalt Market, by Type, 2023 - 2030 (USD Million)
- 7.5 Europe Asphalt Market, by End-Use Industry, 2023 - 2030
- 7.5.1 Europe Asphalt Market, by End-Use Industry, 2023 - 2030 (USD Million)
- 7.5. Asia Pacific
- 7.5.3 Asia Pacific Asphalt Market, 2023 - 2030 (USD Million)
- 7.5.3.1 Asia Pacific Asphalt Market, by Country, 2023 - 2030 (USD Million)
- 7.5.3 Asia Pacific Asphalt Market, 2023 - 2030 (USD Million)
- 7.4 Asia Pacific Asphalt Market, by Type, 2023 - 2030
- 7.4.1 Asia Pacific Asphalt Market, by Type, 2023 - 2030 (USD Million)
- 7.5 Asia Pacific Asphalt Market, by End-Use Industry, 2023 - 2030
- 7.5.1 Asia Pacific Asphalt Market, by End-Use Industry, 2023 - 2030 (USD Million)
- 7.6. Latin America
- 7.6.4 Latin America Asphalt Market, 2023 - 2030 (USD Million)
- 7.6.4.1 Latin America Asphalt Market, by Country, 2023 - 2030 (USD Million)
- 7.6.4 Latin America Asphalt Market, 2023 - 2030 (USD Million)
- 7.4 Latin America Asphalt Market, by Type, 2023 - 2030
- 7.4.1 Latin America Asphalt Market, by Type, 2023 - 2030 (USD Million)
- 7.5 Latin America Asphalt Market, by End-Use Industry, 2023 - 2030
- 7.5.1 Latin America Asphalt Market, by End-Use Industry, 2023 - 2030 (USD Million)
- 7.7. The Middle-East and Africa
- 7.7.5 The Middle-East and Africa Asphalt Market, 2023 - 2030 (USD Million)
- 7.7.5.1 The Middle-East and Africa Asphalt Market, by Country, 2023 - 2030 (USD Million)
- 7.7.5 The Middle-East and Africa Asphalt Market, 2023 - 2030 (USD Million)
- 7.4 The Middle-East and Africa Asphalt Market, by Type, 2023 - 2030
- 7.4.1 The Middle-East and Africa Asphalt Market, by Type, 2023 - 2030 (USD Million)
- 7.5 The Middle-East and Africa Asphalt Market, by End-Use Industry, 2023 - 2030
- 7.5.1 The Middle-East and Africa Asphalt Market, by End-Use Industry, 2023 - 2030 (USD Million)
- Chapter 8. Company Profiles
- 8.1 ExxonMobil
- 8.1.1 Overview
- 8.1.2 Financials
- 8.1.3 Product Portfolio
- 8.1.4 Business Strategy
- 8.1.5 Recent Developments
- 8.2 Royal Dutch Shell
- 8.2.1 Overview
- 8.2.2 Financials
- 8.2.3 Product Portfolio
- 8.2.4 Business Strategy
- 8.2.5 Recent Developments
- 8.3 BP
- 8.3.1 Overview
- 8.3.2 Financials
- 8.3.3 Product Portfolio
- 8.3.4 Business Strategy
- 8.3.5 Recent Developments
- 8.4 Total S.A.
- 8.4.1 Overview
- 8.4.2 Financials
- 8.4.3 Product Portfolio
- 8.4.4 Business Strategy
- 8.4.5 Recent Developments
- 8.5 Chevron
- 8.5.1 Overview
- 8.5.2 Financials
- 8.5.3 Product Portfolio
- 8.5.4 Business Strategy
- 8.5.5 Recent Developments
- 8.6 CRH plc
- 8.6.1 Overview
- 8.6.2 Financials
- 8.6.3 Product Portfolio
- 8.6.4 Business Strategy
- 8.6.5 Recent Developments
- 8.7 Colas Group
- 8.7.1 Overview
- 8.7.2 Financials
- 8.7.3 Product Portfolio
- 8.7.4 Business Strategy
- 8.7.5 Recent Developments
- 8.8 Aggregate Industries
- 8.8.1 Overview
- 8.8.2 Financials
- 8.8.3 Product Portfolio
- 8.8.4 Business Strategy
- 8.8.5 Recent Developments
- 8.9 Astec Industries
- 8.9.1 Overview
- 8.9.2 Financials
- 8.9.3 Product Portfolio
- 8.9.4 Business Strategy
- 8.9.5 Recent Developments
- 8.10 CEMEX
- 8.10.1 Overview
- 8.10.2 Financials
- 8.10.3 Product Portfolio
- 8.10.4 Business Strategy
- 8.10.5 Recent Developments
- 8.11 and others.
- 8.11.1 Overview
- 8.11.2 Financials
- 8.11.3 Product Portfolio
- 8.11.4 Business Strategy
- 8.11.5 Recent Developments
- 8.1 ExxonMobil
Table Of Figures
- 1. Market research Type
- 2. Market research methodology
- 3. Global Asphalt Market, 2023 - 2030 (USD Million)
- 4. Porter’s Five Forces Analysis
- 5. Global Asphalt Market attractiveness, By Type
- 6. Global Asphalt Market attractiveness, By End-Use Industry
- 7. Global Asphalt Market share by Type, 2023 and 2030 (USD Million)
- 8. Global Asphalt Market by Hot Mix Asphalt, 2023 - 2030 (USD Million)
- 9. Global Asphalt Market by Warm Mix Asphalt, 2023 - 2030 (USD Million)
- 10. Global Asphalt Market by Cold Mix Asphalt, 2023 - 2030 (USD Million)
- 11. Global Asphalt Market share by End-Use Industry, 2023 and 2030 (USD Million)
- 12. Global Asphalt Market by Infrastructure, 2023 - 2030 (USD Million)
- 13. Global Asphalt Market by Residential, 2023 - 2030 (USD Million)
- 14. Global Asphalt Market by Construction, 2023 - 2030 (USD Million)
- 15. Global Asphalt Market by Non-Residential Construction, 2023 - 2030 (USD Million)
- 16. Global Asphalt Market share, by Region, 2023 and 2030
- 17. North America Asphalt Market, 2023 - 2030 (USD Million)
- 18. Europe Asphalt Market, 2023 - 2030 (USD Million)
- 19. Asia Pacific Asphalt Market, 2023 - 2030 (USD Million)
- 20. Latin America Asphalt Market, 2023 - 2030 (USD Million)
- 21. The Middle-East and Africa Asphalt Market, 2023 - 2030 (USD Million)
Table Of Tables
- 1. Global Asphalt Market: Snapshot
- 2. Drivers of the Asphalt Market: impact analysis
- 3. North America Asphalt Market revenue, By Type, 2023 - 2030 (USD Million)
- 4. North America Asphalt Market revenue, By End-Use Industry, 2023 - 2030 (USD Million)
- 5. U.S. Asphalt Market revenue, By Type, 2023 - 2030 (USD Million)
- 6. U.S. Asphalt Market revenue, By End-Use Industry, 2023 - 2030 (USD Million)
- 7. Canada Asphalt Market revenue, By Type, 2023 - 2030 (USD Million)
- 8. Canada Asphalt Market revenue, By End-Use Industry, 2023 - 2030 (USD Million)
- 9. Europe Asphalt Market revenue, By Type, 2023 - 2030 (USD Million)
- 10. Europe Asphalt Market revenue, By End-Use Industry, 2023 - 2030 (USD Million)
- 11. Germany Asphalt Market revenue, By Type, 2023 - 2030 (USD Million)
- 12. Germany Asphalt Market revenue, By End-Use Industry, 2023 - 2030 (USD Million)
- 13. France Asphalt Market revenue, By Type, 2023 - 2030 (USD Million)
- 14. France Asphalt Market revenue, By End-Use Industry, 2023 - 2030 (USD Million)
- 15. U.K. Asphalt Market revenue, By Type, 2023 - 2030 (USD Million)
- 16. U.K. Asphalt Market revenue, By End-Use Industry, 2023 - 2030 (USD Million)
- 17. Italy Asphalt Market revenue, By Type, 2023 - 2030 (USD Million)
- 18. Italy Asphalt Market revenue, By End-Use Industry, 2023 - 2030 (USD Million)
- 19. Spain Asphalt Market revenue, By Type, 2023 - 2030 (USD Million)
- 20. Spain Asphalt Market revenue, By End-Use Industry, 2023 - 2030 (USD Million)
- 21. Rest of Europe Asphalt Market revenue, By Type, 2023 - 2030 (USD Million)
- 22. Rest of Europe Asphalt Market revenue, By End-Use Industry, 2023 - 2030 (USD Million)
- 23. Asia Pacific Asphalt Market revenue, By Type, 2023 - 2030 (USD Million)
- 24. Asia Pacific Asphalt Market revenue, By End-Use Industry, 2023 - 2030 (USD Million)
- 25. China Asphalt Market revenue, By Type, 2023 - 2030 (USD Million)
- 26. China Asphalt Market revenue, By End-Use Industry, 2023 - 2030 (USD Million)
- 27. Japan Asphalt Market revenue, By Type, 2023 - 2030 (USD Million)
- 28. Japan Asphalt Market revenue, By End-Use Industry, 2023 - 2030 (USD Million)
- 29. India Asphalt Market revenue, By Type, 2023 - 2030 (USD Million)
- 30. India Asphalt Market revenue, By End-Use Industry, 2023 - 2030 (USD Million)
- 31. South Korea Asphalt Market revenue, By Type, 2023 - 2030 (USD Million)
- 32. South Korea Asphalt Market revenue, By End-Use Industry, 2023 - 2030 (USD Million)
- 33. South-East Asia Asphalt Market revenue, By Type, 2023 - 2030 (USD Million)
- 34. South-East Asia Asphalt Market revenue, By End-Use Industry, 2023 - 2030 (USD Million)
- 35. Rest of Asia Pacific Asphalt Market revenue, By Type, 2023 - 2030 (USD Million)
- 36. Rest of Asia Pacific Asphalt Market revenue, By End-Use Industry, 2023 - 2030 (USD Million)
- 37. Latin America Asphalt Market revenue, By Type, 2023 - 2030 (USD Million)
- 38. Latin America Asphalt Market revenue, By End-Use Industry, 2023 - 2030 (USD Million)
- 39. Brazil Asphalt Market revenue, By Type, 2023 - 2030 (USD Million)
- 40. Brazil Asphalt Market revenue, By End-Use Industry, 2023 - 2030 (USD Million)
- 41. Mexico Asphalt Market revenue, By Type, 2023 - 2030 (USD Million)
- 42. Mexico Asphalt Market revenue, By End-Use Industry, 2023 - 2030 (USD Million)
- 43. Rest of Latin America Asphalt Market revenue, By Type, 2023 - 2030 (USD Million)
- 44. Rest of Latin America Asphalt Market revenue, By End-Use Industry, 2023 - 2030 (USD Million)
- 45. The Middle-East and Africa Asphalt Market revenue, By Type, 2023 - 2030 (USD Million)
- 46. The Middle-East and Africa Asphalt Market revenue, By End-Use Industry, 2023 - 2030 (USD Million)
- 47. GCC Countries Asphalt Market revenue, By Type, 2023 - 2030 (USD Million)
- 48. GCC Countries Asphalt Market revenue, By End-Use Industry, 2023 - 2030 (USD Million)
- 49. South Africa Asphalt Market revenue, By Type, 2023 - 2030 (USD Million)
- 50. South Africa Asphalt Market revenue, By End-Use Industry, 2023 - 2030 (USD Million)
- 51. Rest of Middle-East Africa Asphalt Market revenue, By Type, 2023 - 2030 (USD Million)
- 52. Rest of Middle-East Africa Asphalt Market revenue, By End-Use Industry, 2023 - 2030 (USD Million)
Methodology
FrequentlyAsked Questions
Asphalt is a flexible and widely utilized material in the construction industry, typically employed as a binder in the production of asphalt concrete for roadway construction. Asphalt, which is made up of aggregates, bitumen, and various components, provides a long-lasting and flexible floor ideal for a variety of climates and traffic circumstances.
The global asphalt market cap may grow owing to the due to the due to growing demand for road infrastructure development.
According to study, the global asphalt market size was worth around USD 240 million in 2022 and is predicted to grow to around USD 350 million by 2030.
The CAGR value of the asphalt market is expected to be around 3.1% during 2023-2030.
The global asphalt market growth is expected to be driven by Asia Pacific. It is world's most profitable market pushed by a rising extensive infrastructure development, urbanization, and increased construction activities across the region.
The global asphalt market is led by players like ExxonMobil, Royal Dutch Shell, BP, Total S.A., Chevron, CRH plc, Colas Group, Aggregate Industries, Astec Industries, and CEMEX.
The report analyzes the global asphalt market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the asphalt industry.
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