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The publisher has been monitoring the asphalt market and it is poised to grow by 32.89 million tons during 2021-2025, progressing at a CAGR of almost 5% during the forecast period. The report on the asphalt market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growth of the construction industry and the increased demand for waterproofing.
The asphalt market analysis includes the end-user and application segments and geographic landscape.
The asphalt market is segmented as below:
By End-user
- Non-residential construction
- Residential construction
- Others
By Application
- Roadways
- Waterproofing
- Recreation
- Others
By Geography
- APAC
- North America
- Europe
- MEA
- South America
This study identifies the increasing investments in road and highway infrastructure projects as one of the prime reasons driving the asphalt market growth during the next few years.
The report on asphalt market covers the following areas:
- Asphalt market sizing
- Asphalt market forecast
- Asphalt market industry analysis
The publisher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading asphalt market vendors that include BP Plc, CEMEX SAB de CV, Chevron Corp., China Petroleum and Chemical Corp., Exxon Mobil Corp., Marathon Petroleum Corp., Owens Corning, Royal Dutch Shell Plc, TotalEnergies SE, and United Refining Co. Also, the asphalt market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Application
Market Segmentation by End-user
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global asphalt market: BP Plc, CEMEX SAB de CV, Chevron Corp., China Petroleum and Chemical Corp., Exxon Mobil Corp., Marathon Petroleum Corp., Owens Corning, Royal Dutch Shell Plc, TotalEnergies SE, and United Refining Co.Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is increasing investments in road and highway infrastructure projects.`
According to the report, one of the major drivers for this market is the growth of the construction industry.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BP Plc
- CEMEX SAB de CV
- Chevron Corp.
- China Petroleum and Chemical Corp.
- Exxon Mobil Corp.
- Marathon Petroleum Corp.
- Owens Corning
- Royal Dutch Shell Plc
- TotalEnergies SE
- United Refining Co.
