Asphalt Mixing Plants Market Report 2026

The asphalt mixing plants market size has grown steadily in recent years. It will grow from $6.75 billion in 2025 to $6.93 billion in 2026 at a compound annual growth rate (CAGR) of 2.6%. The growth in the historic period can be attributed to expansion of road infrastructure development, growth in urbanization-driven paving projects, increased government spending on highways, rising demand for durable road surfaces, improvements in asphalt plant engineering.

The asphalt mixing plants market size is expected to see steady growth in the next few years. It will grow to $7.92 billion in 2030 at a compound annual growth rate (CAGR) of 3.4%. The growth in the forecast period can be attributed to increasing investments in smart road infrastructure, rising demand for low-emission asphalt plants, expansion of public-private partnership road projects, growing adoption of recycling technologies in asphalt production, increasing use of digital plant optimization. Major trends in the forecast period include increasing adoption of warm mix asphalt technologies, rising integration of automated plant control systems, growing use of recycled asphalt pavement, expansion of mobile and modular mixing plants, enhanced focus on energy-efficient asphalt production.

The rise in infrastructure investments is anticipated to drive the growth of the asphalt mixing plants market in the coming years. Infrastructure investment involves allocating financial resources for the construction, maintenance, and enhancement of physical structures that support social and economic activities. Asphalt mixing plants play a critical role in infrastructure projects by supplying materials for building and maintaining roads, highways, airports, and other transportation systems. For example, in July 2024, the UK’s Office for National Statistics reported that total infrastructure sector investment reached $18 billion (£13.8 billion) in constant prices in 2023, marking a 3.9% increase from 2022. The estimated net stocks of infrastructure were $456.9 billion (£350.2 billion) in constant prices for 2023, reflecting a 0.3% rise compared to the previous year. Additionally, total general government investment in infrastructure grew by 9.6%, reaching $34.1 billion (£26 billion) in current prices in 2022, compared to 2021. Consequently, the increase in infrastructure investments is fueling the expansion of the asphalt mixing plants market.

The asphalt mixing plant market is being influenced by infrastructure development, urbanization, and economic growth. These factors directly affect the demand for asphalt. By concentrating on these areas, companies in the market can leverage opportunities in the construction and infrastructure sectors. For instance, in March 2024, Aggregate Industries, a UK-based building materials supplier, inaugurated a new asphalt plant to serve Staffordshire and nearby regions as part of a £9 million investment. The Cauldon Low plant in the Staffordshire Moorlands is situated adjacent to the company’s existing Cauldon Low Quarry, which will supply materials to the plant. This investment marks the first new asphalt plant built by the company since 2013 and will provide asphalt for ongoing road maintenance and infrastructure projects across Staffordshire, Derbyshire, Cheshire, and the M6 corridor.

In July 2025, Astec Industries Inc., a US-based construction and machinery company, acquired TerraSource Holdings, LLC for $245 million in cash. This acquisition aims to strengthen Astec’s asphalt plant operations by leveraging TerraSource’s expertise in supplying equipment, parts, and aftermarket services, which is expected to enhance gross profit margins, adjusted EBITDA, and earnings per share. TerraSource Holdings, LLC is a US-based company that provides equipment, parts, and services for asphalt mixing and related construction machinery.

Major companies operating in the asphalt mixing plants market are Zoomlion Heavy Industry Science & Technology Co. Ltd., Marini s.p.a, Sany Heavy Industry Co. Ltd., Terex Corporation, Astec Industries Inc., Aimix Group Co. Ltd., Ammann Group Holding AG, Nikko Company Limited, The Benninghoven GmbH & Co. KG, Gencor Industries Inc., Speed Crafts Limited, Speco Limited., Atlas Technologies Pvt. Ltd, Kaushik Engineering Works, Fujian Tietio Machinery Co. Ltd, Capious Roadtech Pvt Ltd., Atlas Industries, ADM Asphalt Drum Mixers Inc., Parker Plant Ltd., Stepp Manufacturing Co. Inc., Lintec & Linnhoff Holdings Pte Ltd, Stansteel and Hotmix Parts & Service, Kredmash Ltd, NFLG Inc, ALmix Asia, Fabhind Private Limited, D&G Machinery, DMI Asphalt Equipment LLC.

North America was the largest region in the asphalt mixing plants market in 2025. It is expected to be the fastest-growing region in the forecast period. The regions covered in the asphalt mixing plants market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the asphalt mixing plants market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The asphalt mixing plant market consists of sales of cold aggregate supply system, drum dryer, coal burner, coal feeder, dust collector, hot aggregate elevator, vibrating screen, filler supply system, weighing and mixing system, asphalt storage, and bitumen supply system. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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