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Paving Asphalt-Global Market Insights and Sales Trends 2025
Synopsis
The first person in the paving team, however, is the truck driver who fills the asphalt into the paver's hopper. Two mutually independent conveyors transport the material through the machine to the rear, where it is uniformly distributed between paver and screed by two individually controlled rotating screw conveyors. When paving a standard mix, the temperature should always remain above 110 °C in order to ensure sufficient time for compaction.
The global Paving Asphalt market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Paving Asphalt in various end use industries. The expanding demands from the Road and Other, are propelling Paving Asphalt market. Mix Type, 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 Perpetual Type segment is estimated at % CAGR for the next seven-year period.
All paving units need to be heated prior to commencing the paving operation to prevent the mix from sticking to sensitive parts of the machine. On modern pavers, the compacting systems in the screed can be actuated separately. Particularly the high compaction screeds achieve very good compaction. As a result, the rollers behind the paver require fewer passes to achieve the specified final degree of compaction.
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 Paving 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 Paving 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 Paving Asphalt market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Paving 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 Paving Asphalt covered in this report include Oldcastle Materials, Vulcan Materials, Summit Materials, Delek(Alon), Calumet Specialty Products, HeidelbergCement, Lemminkainen, Ergon and HollyFrontier, etc.
The global Paving 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:
Oldcastle Materials
Vulcan Materials
Summit Materials
Delek(Alon)
Calumet Specialty Products
HeidelbergCement
Lemminkainen
Ergon
HollyFrontier
British Petroleum
Joseph McCormick
Wirtgen Group
Topcon Positioning System
ExxonMobil
Wolf Paving
Global Paving 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 Paving Asphalt market, Segment by Type:
Mix Type
Perpetual Type
Porous Type
Quiet Type
Warm-Mix Type
Global Paving Asphalt market, by Application
Road
Other
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 Paving Asphalt manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Paving 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.
The first person in the paving team, however, is the truck driver who fills the asphalt into the paver's hopper. Two mutually independent conveyors transport the material through the machine to the rear, where it is uniformly distributed between paver and screed by two individually controlled rotating screw conveyors. When paving a standard mix, the temperature should always remain above 110 °C in order to ensure sufficient time for compaction.
The global Paving Asphalt market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Paving Asphalt in various end use industries. The expanding demands from the Road and Other, are propelling Paving Asphalt market. Mix Type, 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 Perpetual Type segment is estimated at % CAGR for the next seven-year period.
All paving units need to be heated prior to commencing the paving operation to prevent the mix from sticking to sensitive parts of the machine. On modern pavers, the compacting systems in the screed can be actuated separately. Particularly the high compaction screeds achieve very good compaction. As a result, the rollers behind the paver require fewer passes to achieve the specified final degree of compaction.
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 Paving 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 Paving 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 Paving Asphalt market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Paving 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 Paving Asphalt covered in this report include Oldcastle Materials, Vulcan Materials, Summit Materials, Delek(Alon), Calumet Specialty Products, HeidelbergCement, Lemminkainen, Ergon and HollyFrontier, etc.
The global Paving 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:
Oldcastle Materials
Vulcan Materials
Summit Materials
Delek(Alon)
Calumet Specialty Products
HeidelbergCement
Lemminkainen
Ergon
HollyFrontier
British Petroleum
Joseph McCormick
Wirtgen Group
Topcon Positioning System
ExxonMobil
Wolf Paving
Global Paving 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 Paving Asphalt market, Segment by Type:
Mix Type
Perpetual Type
Porous Type
Quiet Type
Warm-Mix Type
Global Paving Asphalt market, by Application
Road
Other
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 Paving Asphalt manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Paving 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 Paving Asphalt Market Overview
1.1 Paving Asphalt Product Overview
1.2 Paving Asphalt Market Segment by Type
1.2.1 Mix Type
1.2.2 Perpetual Type
1.2.3 Porous Type
1.2.4 Quiet Type
1.2.5 Warm-Mix Type
1.3 Global Paving Asphalt Market Size by Type
1.3.1 Global Paving Asphalt Market Size Overview by Type (2018-2029)
1.3.2 Global Paving Asphalt Historic Market Size Review by Type (2018-2023)
1.3.3 Global Paving Asphalt Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Paving Asphalt Sales Breakdown by Type (2018-2023)
1.4.2 Europe Paving Asphalt Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Paving Asphalt Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Paving Asphalt Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Paving Asphalt Sales Breakdown by Type (2018-2023)
2 Global Paving Asphalt Market Competition by Company
2.1 Global Top Players by Paving Asphalt Sales (2018-2023)
2.2 Global Top Players by Paving Asphalt Revenue (2018-2023)
2.3 Global Top Players by Paving Asphalt Price (2018-2023)
2.4 Global Top Manufacturers Paving Asphalt Manufacturing Base Distribution, Sales Area, Product Type
2.5 Paving Asphalt Market Competitive Situation and Trends
2.5.1 Paving Asphalt Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Paving 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 Paving Asphalt as of 2022)
2.7 Date of Key Manufacturers Enter into Paving Asphalt Market
2.8 Key Manufacturers Paving Asphalt Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Paving Asphalt Status and Outlook by Region
3.1 Global Paving Asphalt Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Paving Asphalt Historic Market Size by Region
3.2.1 Global Paving Asphalt Sales in Volume by Region (2018-2023)
3.2.2 Global Paving Asphalt Sales in Value by Region (2018-2023)
3.2.3 Global Paving Asphalt Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Paving Asphalt Forecasted Market Size by Region
3.3.1 Global Paving Asphalt Sales in Volume by Region (2024-2029)
3.3.2 Global Paving Asphalt Sales in Value by Region (2024-2029)
3.3.3 Global Paving Asphalt Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Paving Asphalt by Application
4.1 Paving Asphalt Market Segment by Application
4.1.1 Road
4.1.2 Other
4.2 Global Paving Asphalt Market Size by Application
4.2.1 Global Paving Asphalt Market Size Overview by Application (2018-2029)
4.2.2 Global Paving Asphalt Historic Market Size Review by Application (2018-2023)
4.2.3 Global Paving Asphalt Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Paving Asphalt Sales Breakdown by Application (2018-2023)
4.3.2 Europe Paving Asphalt Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Paving Asphalt Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Paving Asphalt Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Paving Asphalt Sales Breakdown by Application (2018-2023)
5 North America Paving Asphalt by Country
5.1 North America Paving Asphalt Historic Market Size by Country
5.1.1 North America Paving Asphalt Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Paving Asphalt Sales in Volume by Country (2018-2023)
5.1.3 North America Paving Asphalt Sales in Value by Country (2018-2023)
5.2 North America Paving Asphalt Forecasted Market Size by Country
5.2.1 North America Paving Asphalt Sales in Volume by Country (2024-2029)
5.2.2 North America Paving Asphalt Sales in Value by Country (2024-2029)
6 Europe Paving Asphalt by Country
6.1 Europe Paving Asphalt Historic Market Size by Country
6.1.1 Europe Paving Asphalt Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Paving Asphalt Sales in Volume by Country (2018-2023)
6.1.3 Europe Paving Asphalt Sales in Value by Country (2018-2023)
6.2 Europe Paving Asphalt Forecasted Market Size by Country
6.2.1 Europe Paving Asphalt Sales in Volume by Country (2024-2029)
6.2.2 Europe Paving Asphalt Sales in Value by Country (2024-2029)
7 Asia-Pacific Paving Asphalt by Region
7.1 Asia-Pacific Paving Asphalt Historic Market Size by Region
7.1.1 Asia-Pacific Paving Asphalt Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Paving Asphalt Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Paving Asphalt Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Paving Asphalt Forecasted Market Size by Region
7.2.1 Asia-Pacific Paving Asphalt Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Paving Asphalt Sales in Value by Region (2024-2029)
8 Latin America Paving Asphalt by Country
8.1 Latin America Paving Asphalt Historic Market Size by Country
8.1.1 Latin America Paving Asphalt Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Paving Asphalt Sales in Volume by Country (2018-2023)
8.1.3 Latin America Paving Asphalt Sales in Value by Country (2018-2023)
8.2 Latin America Paving Asphalt Forecasted Market Size by Country
8.2.1 Latin America Paving Asphalt Sales in Volume by Country (2024-2029)
8.2.2 Latin America Paving Asphalt Sales in Value by Country (2024-2029)
9 Middle East and Africa Paving Asphalt by Country
9.1 Middle East and Africa Paving Asphalt Historic Market Size by Country
9.1.1 Middle East and Africa Paving Asphalt Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Paving Asphalt Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Paving Asphalt Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Paving Asphalt Forecasted Market Size by Country
9.2.1 Middle East and Africa Paving Asphalt Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Paving Asphalt Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Oldcastle Materials
10.1.1 Oldcastle Materials Company Information
10.1.2 Oldcastle Materials Introduction and Business Overview
10.1.3 Oldcastle Materials Paving Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Oldcastle Materials Paving Asphalt Products Offered
10.1.5 Oldcastle Materials Recent Development
10.2 Vulcan Materials
10.2.1 Vulcan Materials Company Information
10.2.2 Vulcan Materials Introduction and Business Overview
10.2.3 Vulcan Materials Paving Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Vulcan Materials Paving Asphalt Products Offered
10.2.5 Vulcan Materials Recent Development
10.3 Summit Materials
10.3.1 Summit Materials Company Information
10.3.2 Summit Materials Introduction and Business Overview
10.3.3 Summit Materials Paving Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Summit Materials Paving Asphalt Products Offered
10.3.5 Summit Materials Recent Development
10.4 Delek(Alon)
10.4.1 Delek(Alon) Company Information
10.4.2 Delek(Alon) Introduction and Business Overview
10.4.3 Delek(Alon) Paving Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Delek(Alon) Paving Asphalt Products Offered
10.4.5 Delek(Alon) Recent Development
10.5 Calumet Specialty Products
10.5.1 Calumet Specialty Products Company Information
10.5.2 Calumet Specialty Products Introduction and Business Overview
10.5.3 Calumet Specialty Products Paving Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Calumet Specialty Products Paving Asphalt Products Offered
10.5.5 Calumet Specialty Products Recent Development
10.6 HeidelbergCement
10.6.1 HeidelbergCement Company Information
10.6.2 HeidelbergCement Introduction and Business Overview
10.6.3 HeidelbergCement Paving Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.6.4 HeidelbergCement Paving Asphalt Products Offered
10.6.5 HeidelbergCement Recent Development
10.7 Lemminkainen
10.7.1 Lemminkainen Company Information
10.7.2 Lemminkainen Introduction and Business Overview
10.7.3 Lemminkainen Paving Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Lemminkainen Paving Asphalt Products Offered
10.7.5 Lemminkainen Recent Development
10.8 Ergon
10.8.1 Ergon Company Information
10.8.2 Ergon Introduction and Business Overview
10.8.3 Ergon Paving Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Ergon Paving Asphalt Products Offered
10.8.5 Ergon Recent Development
10.9 HollyFrontier
10.9.1 HollyFrontier Company Information
10.9.2 HollyFrontier Introduction and Business Overview
10.9.3 HollyFrontier Paving Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.9.4 HollyFrontier Paving Asphalt Products Offered
10.9.5 HollyFrontier Recent Development
10.10 British Petroleum
10.10.1 British Petroleum Company Information
10.10.2 British Petroleum Introduction and Business Overview
10.10.3 British Petroleum Paving Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.10.4 British Petroleum Paving Asphalt Products Offered
10.10.5 British Petroleum Recent Development
10.11 Joseph McCormick
10.11.1 Joseph McCormick Company Information
10.11.2 Joseph McCormick Introduction and Business Overview
10.11.3 Joseph McCormick Paving Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Joseph McCormick Paving Asphalt Products Offered
10.11.5 Joseph McCormick Recent Development
10.12 Wirtgen Group
10.12.1 Wirtgen Group Company Information
10.12.2 Wirtgen Group Introduction and Business Overview
10.12.3 Wirtgen Group Paving Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Wirtgen Group Paving Asphalt Products Offered
10.12.5 Wirtgen Group Recent Development
10.13 Topcon Positioning System
10.13.1 Topcon Positioning System Company Information
10.13.2 Topcon Positioning System Introduction and Business Overview
10.13.3 Topcon Positioning System Paving Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Topcon Positioning System Paving Asphalt Products Offered
10.13.5 Topcon Positioning System Recent Development
10.14 ExxonMobil
10.14.1 ExxonMobil Company Information
10.14.2 ExxonMobil Introduction and Business Overview
10.14.3 ExxonMobil Paving Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.14.4 ExxonMobil Paving Asphalt Products Offered
10.14.5 ExxonMobil Recent Development
10.15 Wolf Paving
10.15.1 Wolf Paving Company Information
10.15.2 Wolf Paving Introduction and Business Overview
10.15.3 Wolf Paving Paving Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Wolf Paving Paving Asphalt Products Offered
10.15.5 Wolf Paving Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Paving 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 Paving Asphalt Industrial Chain Analysis
11.4 Paving Asphalt Market Dynamics
11.4.1 Paving Asphalt Industry Trends
11.4.2 Paving Asphalt Market Drivers
11.4.3 Paving Asphalt Market Challenges
11.4.4 Paving Asphalt Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Paving Asphalt Distributors
12.3 Paving 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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