ASPHALT MARKET ANALYSIS

Asphalt Market, by Product Type (Hot Asphalt, Medium Curing (MC) Cold Mix Asphalt, and Unique Paving Materials (UPM) Asphalt), by Application (Asphalt Cement, Emulsion, Paving, Roofing, and Others), by End-use Industry (Residential and Non-residential), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) – Size, Share, Outlook, and Opportunity Analysis, 2022-2028

To Be Published : Dec 2024
Code : CMI2982
Formats :
Excel and PDF
Industry : Bulk Chemicals

Market News

Key players are focusing on strategies such as merger and acquisition, in order to gain market share in the global asphalt market. For instance, in 2011, Tennessee Paving acquired two asphalt plants of Carolina Material Sales Inc. to expand its business in the hot mix asphalt market. Moreover, in February 2019, Construction Partners, Inc. acquired a liquid asphalt terminal, which is located in the Panama City, Florida. The acquisition has been done to supply liquid asphalts in the asphalt market.