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Road Asphalt-Global Market Insights and Sales Trends 2025

Road Asphalt-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1820299

No of Pages : 122

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Synopsis
The global Road 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 Road Asphalt in various end use industries. The expanding demands from the Ordinary Road and Highway, are propelling Road Asphalt market. Petroleum Asphalt, 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 Natural Asphalt segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Road Asphalt market, driven by demand from China, the second largest economy with some signs of stabilising, the Road Asphalt market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same 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 Road 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 Road 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 Road Asphalt market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Road 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 Road Asphalt covered in this report include CNPC, SINOPEC, CNOOC, Rosneft Oil, Gazprom Neft, Lukoil, BPCL, IOCL and HPCL, etc.
The global Road 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:
CNPC
SINOPEC
CNOOC
Rosneft Oil
Gazprom Neft
Lukoil
BPCL
IOCL
HPCL
SK
S-Oil
Shell
Exxon Mobil
Pertamina
TIPCO
LOTOS
Marathon Oil
KoçHolding
CRH
Nynas
ConocoPhillips
Suncor Energy
POC
Petrobrás
NuStar Energy
Valero Energy
Pemex
Cepsa
Husky Energy
Total
Global Road 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 Road Asphalt market, Segment by Type:
Petroleum Asphalt
Natural Asphalt
Global Road Asphalt market, by Application
Ordinary Road
Highway
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 Road Asphalt manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Road 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.
Index
1 Road Asphalt Market Overview
1.1 Road Asphalt Product Overview
1.2 Road Asphalt Market Segment by Type
1.2.1 Petroleum Asphalt
1.2.2 Natural Asphalt
1.3 Global Road Asphalt Market Size by Type
1.3.1 Global Road Asphalt Market Size Overview by Type (2018-2029)
1.3.2 Global Road Asphalt Historic Market Size Review by Type (2018-2023)
1.3.3 Global Road Asphalt Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Road Asphalt Sales Breakdown by Type (2018-2023)
1.4.2 Europe Road Asphalt Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Road Asphalt Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Road Asphalt Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Road Asphalt Sales Breakdown by Type (2018-2023)
2 Global Road Asphalt Market Competition by Company
2.1 Global Top Players by Road Asphalt Sales (2018-2023)
2.2 Global Top Players by Road Asphalt Revenue (2018-2023)
2.3 Global Top Players by Road Asphalt Price (2018-2023)
2.4 Global Top Manufacturers Road Asphalt Manufacturing Base Distribution, Sales Area, Product Type
2.5 Road Asphalt Market Competitive Situation and Trends
2.5.1 Road Asphalt Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Road 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 Road Asphalt as of 2022)
2.7 Date of Key Manufacturers Enter into Road Asphalt Market
2.8 Key Manufacturers Road Asphalt Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Road Asphalt Status and Outlook by Region
3.1 Global Road Asphalt Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Road Asphalt Historic Market Size by Region
3.2.1 Global Road Asphalt Sales in Volume by Region (2018-2023)
3.2.2 Global Road Asphalt Sales in Value by Region (2018-2023)
3.2.3 Global Road Asphalt Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Road Asphalt Forecasted Market Size by Region
3.3.1 Global Road Asphalt Sales in Volume by Region (2024-2029)
3.3.2 Global Road Asphalt Sales in Value by Region (2024-2029)
3.3.3 Global Road Asphalt Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Road Asphalt by Application
4.1 Road Asphalt Market Segment by Application
4.1.1 Ordinary Road
4.1.2 Highway
4.2 Global Road Asphalt Market Size by Application
4.2.1 Global Road Asphalt Market Size Overview by Application (2018-2029)
4.2.2 Global Road Asphalt Historic Market Size Review by Application (2018-2023)
4.2.3 Global Road Asphalt Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Road Asphalt Sales Breakdown by Application (2018-2023)
4.3.2 Europe Road Asphalt Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Road Asphalt Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Road Asphalt Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Road Asphalt Sales Breakdown by Application (2018-2023)
5 North America Road Asphalt by Country
5.1 North America Road Asphalt Historic Market Size by Country
5.1.1 North America Road Asphalt Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Road Asphalt Sales in Volume by Country (2018-2023)
5.1.3 North America Road Asphalt Sales in Value by Country (2018-2023)
5.2 North America Road Asphalt Forecasted Market Size by Country
5.2.1 North America Road Asphalt Sales in Volume by Country (2024-2029)
5.2.2 North America Road Asphalt Sales in Value by Country (2024-2029)
6 Europe Road Asphalt by Country
6.1 Europe Road Asphalt Historic Market Size by Country
6.1.1 Europe Road Asphalt Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Road Asphalt Sales in Volume by Country (2018-2023)
6.1.3 Europe Road Asphalt Sales in Value by Country (2018-2023)
6.2 Europe Road Asphalt Forecasted Market Size by Country
6.2.1 Europe Road Asphalt Sales in Volume by Country (2024-2029)
6.2.2 Europe Road Asphalt Sales in Value by Country (2024-2029)
7 Asia-Pacific Road Asphalt by Region
7.1 Asia-Pacific Road Asphalt Historic Market Size by Region
7.1.1 Asia-Pacific Road Asphalt Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Road Asphalt Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Road Asphalt Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Road Asphalt Forecasted Market Size by Region
7.2.1 Asia-Pacific Road Asphalt Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Road Asphalt Sales in Value by Region (2024-2029)
8 Latin America Road Asphalt by Country
8.1 Latin America Road Asphalt Historic Market Size by Country
8.1.1 Latin America Road Asphalt Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Road Asphalt Sales in Volume by Country (2018-2023)
8.1.3 Latin America Road Asphalt Sales in Value by Country (2018-2023)
8.2 Latin America Road Asphalt Forecasted Market Size by Country
8.2.1 Latin America Road Asphalt Sales in Volume by Country (2024-2029)
8.2.2 Latin America Road Asphalt Sales in Value by Country (2024-2029)
9 Middle East and Africa Road Asphalt by Country
9.1 Middle East and Africa Road Asphalt Historic Market Size by Country
9.1.1 Middle East and Africa Road Asphalt Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Road Asphalt Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Road Asphalt Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Road Asphalt Forecasted Market Size by Country
9.2.1 Middle East and Africa Road Asphalt Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Road Asphalt Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 CNPC
10.1.1 CNPC Company Information
10.1.2 CNPC Introduction and Business Overview
10.1.3 CNPC Road Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.1.4 CNPC Road Asphalt Products Offered
10.1.5 CNPC Recent Development
10.2 SINOPEC
10.2.1 SINOPEC Company Information
10.2.2 SINOPEC Introduction and Business Overview
10.2.3 SINOPEC Road Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.2.4 SINOPEC Road Asphalt Products Offered
10.2.5 SINOPEC Recent Development
10.3 CNOOC
10.3.1 CNOOC Company Information
10.3.2 CNOOC Introduction and Business Overview
10.3.3 CNOOC Road Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.3.4 CNOOC Road Asphalt Products Offered
10.3.5 CNOOC Recent Development
10.4 Rosneft Oil
10.4.1 Rosneft Oil Company Information
10.4.2 Rosneft Oil Introduction and Business Overview
10.4.3 Rosneft Oil Road Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Rosneft Oil Road Asphalt Products Offered
10.4.5 Rosneft Oil Recent Development
10.5 Gazprom Neft
10.5.1 Gazprom Neft Company Information
10.5.2 Gazprom Neft Introduction and Business Overview
10.5.3 Gazprom Neft Road Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Gazprom Neft Road Asphalt Products Offered
10.5.5 Gazprom Neft Recent Development
10.6 Lukoil
10.6.1 Lukoil Company Information
10.6.2 Lukoil Introduction and Business Overview
10.6.3 Lukoil Road Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Lukoil Road Asphalt Products Offered
10.6.5 Lukoil Recent Development
10.7 BPCL
10.7.1 BPCL Company Information
10.7.2 BPCL Introduction and Business Overview
10.7.3 BPCL Road Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.7.4 BPCL Road Asphalt Products Offered
10.7.5 BPCL Recent Development
10.8 IOCL
10.8.1 IOCL Company Information
10.8.2 IOCL Introduction and Business Overview
10.8.3 IOCL Road Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.8.4 IOCL Road Asphalt Products Offered
10.8.5 IOCL Recent Development
10.9 HPCL
10.9.1 HPCL Company Information
10.9.2 HPCL Introduction and Business Overview
10.9.3 HPCL Road Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.9.4 HPCL Road Asphalt Products Offered
10.9.5 HPCL Recent Development
10.10 SK
10.10.1 SK Company Information
10.10.2 SK Introduction and Business Overview
10.10.3 SK Road Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.10.4 SK Road Asphalt Products Offered
10.10.5 SK Recent Development
10.11 S-Oil
10.11.1 S-Oil Company Information
10.11.2 S-Oil Introduction and Business Overview
10.11.3 S-Oil Road Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.11.4 S-Oil Road Asphalt Products Offered
10.11.5 S-Oil Recent Development
10.12 Shell
10.12.1 Shell Company Information
10.12.2 Shell Introduction and Business Overview
10.12.3 Shell Road Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Shell Road Asphalt Products Offered
10.12.5 Shell Recent Development
10.13 Exxon Mobil
10.13.1 Exxon Mobil Company Information
10.13.2 Exxon Mobil Introduction and Business Overview
10.13.3 Exxon Mobil Road Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Exxon Mobil Road Asphalt Products Offered
10.13.5 Exxon Mobil Recent Development
10.14 Pertamina
10.14.1 Pertamina Company Information
10.14.2 Pertamina Introduction and Business Overview
10.14.3 Pertamina Road Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Pertamina Road Asphalt Products Offered
10.14.5 Pertamina Recent Development
10.15 TIPCO
10.15.1 TIPCO Company Information
10.15.2 TIPCO Introduction and Business Overview
10.15.3 TIPCO Road Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.15.4 TIPCO Road Asphalt Products Offered
10.15.5 TIPCO Recent Development
10.16 LOTOS
10.16.1 LOTOS Company Information
10.16.2 LOTOS Introduction and Business Overview
10.16.3 LOTOS Road Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.16.4 LOTOS Road Asphalt Products Offered
10.16.5 LOTOS Recent Development
10.17 Marathon Oil
10.17.1 Marathon Oil Company Information
10.17.2 Marathon Oil Introduction and Business Overview
10.17.3 Marathon Oil Road Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Marathon Oil Road Asphalt Products Offered
10.17.5 Marathon Oil Recent Development
10.18 KoçHolding
10.18.1 KoçHolding Company Information
10.18.2 KoçHolding Introduction and Business Overview
10.18.3 KoçHolding Road Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.18.4 KoçHolding Road Asphalt Products Offered
10.18.5 KoçHolding Recent Development
10.19 CRH
10.19.1 CRH Company Information
10.19.2 CRH Introduction and Business Overview
10.19.3 CRH Road Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.19.4 CRH Road Asphalt Products Offered
10.19.5 CRH Recent Development
10.20 Nynas
10.20.1 Nynas Company Information
10.20.2 Nynas Introduction and Business Overview
10.20.3 Nynas Road Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.20.4 Nynas Road Asphalt Products Offered
10.20.5 Nynas Recent Development
10.21 ConocoPhillips
10.21.1 ConocoPhillips Company Information
10.21.2 ConocoPhillips Introduction and Business Overview
10.21.3 ConocoPhillips Road Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.21.4 ConocoPhillips Road Asphalt Products Offered
10.21.5 ConocoPhillips Recent Development
10.22 Suncor Energy
10.22.1 Suncor Energy Company Information
10.22.2 Suncor Energy Introduction and Business Overview
10.22.3 Suncor Energy Road Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.22.4 Suncor Energy Road Asphalt Products Offered
10.22.5 Suncor Energy Recent Development
10.23 POC
10.23.1 POC Company Information
10.23.2 POC Introduction and Business Overview
10.23.3 POC Road Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.23.4 POC Road Asphalt Products Offered
10.23.5 POC Recent Development
10.24 Petrobrás
10.24.1 Petrobrás Company Information
10.24.2 Petrobrás Introduction and Business Overview
10.24.3 Petrobrás Road Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.24.4 Petrobrás Road Asphalt Products Offered
10.24.5 Petrobrás Recent Development
10.25 NuStar Energy
10.25.1 NuStar Energy Company Information
10.25.2 NuStar Energy Introduction and Business Overview
10.25.3 NuStar Energy Road Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.25.4 NuStar Energy Road Asphalt Products Offered
10.25.5 NuStar Energy Recent Development
10.26 Valero Energy
10.26.1 Valero Energy Company Information
10.26.2 Valero Energy Introduction and Business Overview
10.26.3 Valero Energy Road Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.26.4 Valero Energy Road Asphalt Products Offered
10.26.5 Valero Energy Recent Development
10.27 Pemex
10.27.1 Pemex Company Information
10.27.2 Pemex Introduction and Business Overview
10.27.3 Pemex Road Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.27.4 Pemex Road Asphalt Products Offered
10.27.5 Pemex Recent Development
10.28 Cepsa
10.28.1 Cepsa Company Information
10.28.2 Cepsa Introduction and Business Overview
10.28.3 Cepsa Road Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.28.4 Cepsa Road Asphalt Products Offered
10.28.5 Cepsa Recent Development
10.29 Husky Energy
10.29.1 Husky Energy Company Information
10.29.2 Husky Energy Introduction and Business Overview
10.29.3 Husky Energy Road Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.29.4 Husky Energy Road Asphalt Products Offered
10.29.5 Husky Energy Recent Development
10.30 Total
10.30.1 Total Company Information
10.30.2 Total Introduction and Business Overview
10.30.3 Total Road Asphalt Sales, Revenue and Gross Margin (2018-2023)
10.30.4 Total Road Asphalt Products Offered
10.30.5 Total Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Road 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 Road Asphalt Industrial Chain Analysis
11.4 Road Asphalt Market Dynamics
11.4.1 Road Asphalt Industry Trends
11.4.2 Road Asphalt Market Drivers
11.4.3 Road Asphalt Market Challenges
11.4.4 Road Asphalt Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Road Asphalt Distributors
12.3 Road 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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