Global Asphalt Market (2021-2026) – Industry Trends, Share, Size, Growth, Opportunities, and Forecast – ResearchAndMarkets.com

DUBLIN – (COMMERCIAL THREAD) – The report “Asphalt Market: Global Industry Trends, Share, Size, Growth, Opportunities and Forecast 2021-2026” has been added to ResearchAndMarkets.com offer.

The global asphalt market has shown moderate growth during the period 2015-2020. Going forward, the publisher expects the market to grow at a CAGR of around 5% during 2021-2026.

Companies mentioned

  • Aggregate Industries Ltd.

  • Anglo American Plc

  • Roofing company Atlas

  • BP Plc

  • Cemex

  • Chevron Corporation

  • Exxon Mobil Corporation

  • Imperial Oil Limited

  • Owens Corning

  • Petroleos de Venezuela SA

  • Royal Dutch Shell plc

  • Shell International

  • Total SA

  • United Refining Inc.

Bearing in mind the uncertainties of COVID-19, we are continuously monitoring and evaluating the direct and indirect influence of the pandemic on different end-use sectors. This information is included in the report as a major contributor to the market.

Asphalt is a black, semi-solid binder obtained from petroleum distillation residues. Manufactured at an average temperature of 150 to 180 ° C, asphalt is very durable and crack resistant. It is mainly used in the construction of roads, parking lots and driveways as it binds crushed stone and aggregate in firm and concrete surfaces such as roads and sidewalks. The smooth laid asphalt helps to minimize fuel consumption and emissions in vehicles and adds safety by providing better grip on the wheels.

Rapid urbanization across the world is one of the key factors driving the growth of the market. With the increase in population, there is a huge demand for asphalt shingles used for waterproofing roofs. In addition, asphalt is a more profitable and durable alternative to concrete conventionally used in the construction industry. Additionally, the increasing use of Reclaimed Asphalt Pavements (RAP) in residential and commercial driveways, parking lots, schools and playgrounds is catalyzing the growth of the market. It is also used as an emulsion to reconstruct road surfaces and old sidewalks. In addition, the growing industrial sector demand for low slope roofing products such as modified bitumen membranes, mop asphalts and roll roofing is further driving the market growth. Other factors such as the growing demand from the oil and gas industry, the growing need for industrial upgrading, and the growing adoption of emulsified asphalt as well as polymer modified asphalt are also creating a positive outlook for the market. .

Key questions addressed in this report:

  • How has the global asphalt market performed so far and how will it perform in the years to come?

  • What has been the impact of COVID-19 on the global asphalt market?

  • What are the main regional markets?

  • What is the distribution of the market according to the product?

  • What is the market breakdown according to the type of asphalt?

  • What is the market split depending on the application?

  • What is the distribution of the market according to the end-use sector?

  • What are the different stages of the industry value chain?

  • What are the main factors and challenges for the industry?

  • What is the structure of the global asphalt market and who are the major players?

  • How competitive is the industry?

Main topics covered:

1 Preface

2 Scope and methodology

3 Executive summary

4 Presentation

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

6 Market breakdown by product

6.1 Asphalt paving mixes and blocks

6.1.1 Market trends

6.1.2 Market Forecast

6.2 Prepared Asphalt and Tarred Roofing and Siding Products

6.2.1 Market trends

6.2.2 Market Forecast

6.3 Asphalt and roof slopes, plaster and cement

6.3.1 Market trends

6.3.2 Market Forecast

7 Market breakdown by type of asphalt

7.1 Hot mix asphalt

7.1.1 Market trends

7.1.2 Market Forecast

7.2 Warm asphalt

7.2.1 Market trends

7.2.2 Market Forecast

7.3 Cold asphalt

7.3.1 Market trends

7.3.2 Market Forecast

8 Market breakdown by application

8.1 Routes

8.1.1 Market trends

8.1.2 Market Forecast

8.2 Waterproofing

8.2.1 Market trends

8.2.2 Market Forecast

8.3 Leisure

8.3.1 Market trends

8.3.2 Market Forecast

8.4 Others

8.4.1 Market trends

8.4.2 Market Forecast

9 Market breakdown by end-use sector

9.1 Non-residential

9.1.1 Market trends

9.1.2 Market Forecast

9.2 Residential

9.2.1 Market trends

9.2.2 Market Forecast

9.3 Others

9.3.1 Market trends

9.3.2 Market Forecast

10 Market breakdown by region

11 SWOT Analysis

12 Value chain analysis

13 Porters Five Forces Analysis

14 Price indicators

15 Competitive landscape

15.1 Market structure

15.2 Key players

15.3 Profiles of key players

For more information on this report, visit https://www.researchandmarkets.com/r/xyqf9u

About Joshua M. Osborne

Check Also

In first debate, Michigan GOP gubernatorial candidates pass abortion ban, Trump

HOWELL — Michigan’s Republican gubernatorial candidates found common ground in their first debate on Thursday, …