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Asphalt-Global Market Insights and Sales Trends 2024
Synopsis
Asphalt is a sticky, black, and highly viscous liquid or semi-solid form of petroleum. It may be found in natural deposits or may be a refined product, and is classed as a pitch.
The global Asphalt market size is expected to reach US$ 208.2 million by 2029, growing at a CAGR of 4.4% from 2023 to 2029. The market is mainly driven by the significant applications of Asphalt in various end use industries. The expanding demands from the Roadways, Waterproofing and Others,, are propelling Asphalt market. Additives, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Mixtures segment is estimated at % CAGR for the next seven-year period.
In terms of geographic regions, APAC accounted for the major share in the asphalt paving market in 2017. The development in the roadways sector in emerging countries such as China and India will propel the growth of the market during the forecast period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Asphalt, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Asphalt market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Asphalt market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Asphalt sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Asphalt covered in this report include BP, CEMEX, Exxon Mobil Corporation, Imperial Oil, Owens Corning, Shell International and Total, etc.
The global Asphalt market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BP
CEMEX
Exxon Mobil Corporation
Imperial Oil
Owens Corning
Shell International
Total
Global Asphalt market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Asphalt market, Segment by Type:
Additives
Mixtures
Others
Global Asphalt market, by Application
Roadways
Waterproofing
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Asphalt manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Asphalt in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Asphalt is a sticky, black, and highly viscous liquid or semi-solid form of petroleum. It may be found in natural deposits or may be a refined product, and is classed as a pitch.
The global Asphalt market size is expected to reach US$ 208.2 million by 2029, growing at a CAGR of 4.4% from 2023 to 2029. The market is mainly driven by the significant applications of Asphalt in various end use industries. The expanding demands from the Roadways, Waterproofing and Others,, are propelling Asphalt market. Additives, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Mixtures segment is estimated at % CAGR for the next seven-year period.
In terms of geographic regions, APAC accounted for the major share in the asphalt paving market in 2017. The development in the roadways sector in emerging countries such as China and India will propel the growth of the market during the forecast period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Asphalt, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Asphalt market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Asphalt market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Asphalt sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Asphalt covered in this report include BP, CEMEX, Exxon Mobil Corporation, Imperial Oil, Owens Corning, Shell International and Total, etc.
The global Asphalt market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BP
CEMEX
Exxon Mobil Corporation
Imperial Oil
Owens Corning
Shell International
Total
Global Asphalt market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Asphalt market, Segment by Type:
Additives
Mixtures
Others
Global Asphalt market, by Application
Roadways
Waterproofing
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Asphalt manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Asphalt in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Asphalt Market Overview
1.1 Asphalt Product Overview
1.2 Asphalt Market Segment by Type
1.2.1 Additives
1.2.2 Mixtures
1.2.3 Others
1.3 Global Asphalt Market Size by Type
1.3.1 Global Asphalt Market Size Overview by Type (2018-2029)
1.3.2 Global Asphalt Historic Market Size Review by Type (2018-2023)
1.3.3 Global Asphalt Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Asphalt Sales Breakdown by Type (2018-2023)
1.4.2 Europe Asphalt Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Asphalt Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Asphalt Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Asphalt Sales Breakdown by Type (2018-2023)
2 Global Asphalt Market Competition by Company
2.1 Global Top Players by Asphalt Sales (2018-2023)
2.2 Global Top Players by Asphalt Revenue (2018-2023)
2.3 Global Top Players by Asphalt Price (2018-2023)
2.4 Global Top Manufacturers Asphalt Manufacturing Base Distribution, Sales Area, Product Type
2.5 Asphalt Market Competitive Situation and Trends
2.5.1 Asphalt Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Asphalt Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Asphalt as of 2022)
2.7 Date of Key Manufacturers Enter into Asphalt Market
2.8 Key Manufacturers Asphalt Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Asphalt Status and Outlook by Region
3.1 Global Asphalt Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Asphalt Historic Market Size by Region
3.2.1 Global Asphalt Sales in Volume by Region (2018-2023)
3.2.2 Global Asphalt Sales in Value by Region (2018-2023)
3.2.3 Global Asphalt Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Asphalt Forecasted Market Size by Region
3.3.1 Global Asphalt Sales in Volume by Region (2024-2029)
3.3.2 Global Asphalt Sales in Value by Region (2024-2029)
3.3.3 Global Asphalt Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Asphalt by Application
4.1 Asphalt Market Segment by Application
4.1.1 Roadways
4.1.2 Waterproofing
4.1.3 Others
4.2 Global Asphalt Market Size by Application
4.2.1 Global Asphalt Market Size Overview by Application (2018-2029)
4.2.2 Global Asphalt Historic Market Size Review by Application (2018-2023)
4.2.3 Global Asphalt Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Asphalt Sales Breakdown by Application (2018-2023)
4.3.2 Europe Asphalt Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Asphalt Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Asphalt Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Asphalt Sales Breakdown by Application (2018-2023)
5 North America Asphalt by Country
5.1 North America Asphalt Historic Market Size by Country
5.1.1 North America Asphalt Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Asphalt Sales in Volume by Country (2018-2023)
5.1.3 North America Asphalt Sales in Value by Country (2018-2023)
5.2 North America Asphalt Forecasted Market Size by Country
5.2.1 North America Asphalt Sales in Volume by Country (2024-2029)
5.2.2 North America Asphalt Sales in Value by Country (2024-2029)
6 Europe Asphalt by Country
6.1 Europe Asphalt Historic Market Size by Country
6.1.1 Europe Asphalt Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Asphalt Sales in Volume by Country (2018-2023)
6.1.3 Europe Asphalt Sales in Value by Country (2018-2023)
6.2 Europe Asphalt Forecasted Market Size by Country
6.2.1 Europe Asphalt Sales in Volume by Country (2024-2029)
6.2.2 Europe Asphalt Sales in Value by Country (2024-2029)
7 Asia-Pacific Asphalt by Region
7.1 Asia-Pacific Asphalt Historic Market Size by Region
7.1.1 Asia-Pacific Asphalt Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Asphalt Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Asphalt Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Asphalt Forecasted Market Size by Region
7.2.1 Asia-Pacific Asphalt Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Asphalt Sales in Value by Region (2024-2029)
8 Latin America Asphalt by Country
8.1 Latin America Asphalt Historic Market Size by Country
8.1.1 Latin America Asphalt Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Asphalt Sales in Volume by Country (2018-2023)
8.1.3 Latin America Asphalt Sales in Value by Country (2018-2023)
8.2 Latin America Asphalt Forecasted Market Size by Country
8.2.1 Latin America Asphalt Sales in Volume by Country (2024-2029)
8.2.2 Latin America Asphalt Sales in Value by Country (2024-2029)
9 Middle East and Africa Asphalt by Country
9.1 Middle East and Africa Asphalt Historic Market Size by Country
9.1.1 Middle East and Africa Asphalt Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Asphalt Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Asphalt Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Asphalt Forecasted Market Size by Country
9.2.1 Middle East and Africa Asphalt Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Asphalt Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 BP
10.1.1 BP Company Information
10.1.2 BP Introduction and Business Overview
10.1.3 BP Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.1.4 BP Asphalt Products Offered
10.1.5 BP Recent Development
10.2 CEMEX
10.2.1 CEMEX Company Information
10.2.2 CEMEX Introduction and Business Overview
10.2.3 CEMEX Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.2.4 CEMEX Asphalt Products Offered
10.2.5 CEMEX Recent Development
10.3 Exxon Mobil Corporation
10.3.1 Exxon Mobil Corporation Company Information
10.3.2 Exxon Mobil Corporation Introduction and Business Overview
10.3.3 Exxon Mobil Corporation Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Exxon Mobil Corporation Asphalt Products Offered
10.3.5 Exxon Mobil Corporation Recent Development
10.4 Imperial Oil
10.4.1 Imperial Oil Company Information
10.4.2 Imperial Oil Introduction and Business Overview
10.4.3 Imperial Oil Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Imperial Oil Asphalt Products Offered
10.4.5 Imperial Oil Recent Development
10.5 Owens Corning
10.5.1 Owens Corning Company Information
10.5.2 Owens Corning Introduction and Business Overview
10.5.3 Owens Corning Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Owens Corning Asphalt Products Offered
10.5.5 Owens Corning Recent Development
10.6 Shell International
10.6.1 Shell International Company Information
10.6.2 Shell International Introduction and Business Overview
10.6.3 Shell International Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Shell International Asphalt Products Offered
10.6.5 Shell International Recent Development
10.7 Total
10.7.1 Total Company Information
10.7.2 Total Introduction and Business Overview
10.7.3 Total Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Total Asphalt Products Offered
10.7.5 Total Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Asphalt Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Asphalt Industrial Chain Analysis
11.4 Asphalt Market Dynamics
11.4.1 Asphalt Industry Trends
11.4.2 Asphalt Market Drivers
11.4.3 Asphalt Market Challenges
11.4.4 Asphalt Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Asphalt Distributors
12.3 Asphalt Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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