Results for tag: "Asphalt Production"

The Asphalt Production market is a subset of the Advanced Materials industry. It involves the production of asphalt, a material used in the construction of roads, driveways, and other surfaces. Asphalt is made from a combination of aggregate, bitumen, and other additives. The production process involves heating the aggregate and bitumen, mixing them together, and then cooling the mixture. The resulting asphalt is then used in a variety of applications. The Asphalt Production market is driven by the need for infrastructure development and maintenance. Asphalt is a durable material that is resistant to weathering and wear, making it an ideal choice for road construction and maintenance. Additionally, asphalt is relatively easy to produce and can be produced in large quantities. The Asphalt Production market is highly competitive, with many companies offering a variety of products and services. Some of the major players in the market include Shell, BP, ExxonMobil, Chevron, and Total. Show Less Read more