Asphalt is a type of advanced material used in a variety of applications, including road construction, roofing, and waterproofing. It is a composite material composed of a binder, such as bitumen, and an aggregate, such as sand, gravel, or crushed stone. Asphalt is a durable material that is resistant to weathering and can be used in a variety of climates. It is also relatively easy to install and maintain.
The asphalt material market is driven by the increasing demand for road construction and maintenance, as well as the need for waterproofing and roofing solutions. The market is expected to grow in the coming years due to the increasing demand for asphalt-based products in the construction industry.
Some of the major companies in the asphalt material market include BASF, Shell, ExxonMobil, Sika, and Dow. These companies are involved in the production and distribution of asphalt-based products, as well as the development of new technologies for asphalt production. Show Less Read more
