Table of Content

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview
4.1. Introduction
4.2. Asphalt Market, by Region

5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing investments in the construction and manufacturing industry
5.1.1.2. Emphasis on maintenance of canal and reservoir linings, dam facings, and harbor & sea works
5.1.1.3. Environmental consciousness and development of bio-asphalts
5.1.2. Restraints
5.1.2.1. Performance limitations of asphalts at extreme temperatures and fluctuating prices of petroleum products
5.1.3. Opportunities
5.1.3.1. Technological advancements to produce high-performing asphalt
5.1.3.2. Growing investments in asphalt production facilities
5.1.4. Challenges
5.1.4.1. Environmental concerns associated with the manufacturing and recycling of asphalt
5.2. Market Segmentation Analysis
5.2.1. Manufacturing Method: Growing infrastructural development and need for an excellent choice for surface treatments in maintenance projects.
5.2.2. Application: Significant applications are tailored to meet specific needs and requirements
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework

6. Asphalt Market, by Manufacturing Method
6.1. Introduction
6.2. Cold Mix Asphalt
6.3. Hot Mix Asphalt

7. Asphalt Market, by Application
7.1. Introduction
7.2. Coating
7.3. Paving Roadways
7.4. Water Roofing

8. Americas Asphalt Market
8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States

9. Asia-Pacific Asphalt Market
9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam

10. Europe, Middle East & Africa Asphalt Market
10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom

11. Competitive Landscape
11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player
11.3.1. Merger & Acquisition
11.3.1.1. Saint-Gobain Acquires Asphalt Shingle Recycling Technology, Advancing Its Commitment to Waste Reduction
11.3.2. New Product Launch & Enhancement
11.3.2.1. NAPA and XBE Launch AI Powered Tool For Asphalt Professionals
11.3.2.2. CEMEX Launch Rubbermix Asphalt

12. Competitive Portfolio
12.1. Key Company Profiles
12.1.1. Alltech Group
12.1.2. Boral Limited
12.1.3. BP PLC
12.1.4. Cement Roadstone Holdings PLC
12.1.5. CEPSA Comercial Petroleo, S.A.
12.1.6. Chevron Corporation
12.1.7. Ergon, Inc.
12.1.8. Exxon Mobil Corporation
12.1.9. Grupa LOTOS
12.1.10. HollyFrontier Corporation
12.1.11. Indian Oil Corporation Ltd.
12.1.12. Lukoil
12.1.13. Marathon Petroleum Corporation
12.1.14. NuStar Energy L.P.
12.1.15. OMV AG
12.1.16. PT Pertamina International EP
12.1.17. Puma Energy
12.1.18. Repsol S.A.
12.1.19. Royal Dutch Shell PLC
12.1.20. Sasol Germany GmbH
12.1.21. SK Energy Co., Ltd.
12.1.22. Sonatrach Petroleum Corporation
12.1.23. Thai Oil Group
12.1.24. Tipco Asphalt Public Company Limited
12.1.25. TotalEnergies SE
12.1.26. Valero Energy Corporation
12.1.27. Wolf Paving
12.2. Key Product Portfolio

13. Appendix
13.1. Discussion Guide
13.2. License & Pricing



List of Figures

FIGURE 1. ASPHALT MARKET RESEARCH PROCESS
FIGURE 2. ASPHALT MARKET SIZE, 2023 VS 2030
FIGURE 3. ASPHALT MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. ASPHALT MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. ASPHALT MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. ASPHALT MARKET DYNAMICS
FIGURE 7. ASPHALT MARKET SIZE, BY MANUFACTURING METHOD, 2023 VS 2030 (%)
FIGURE 8. ASPHALT MARKET SIZE, BY MANUFACTURING METHOD, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. ASPHALT MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 10. ASPHALT MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. AMERICAS ASPHALT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 12. AMERICAS ASPHALT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. UNITED STATES ASPHALT MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 14. UNITED STATES ASPHALT MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. ASIA-PACIFIC ASPHALT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. ASIA-PACIFIC ASPHALT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. EUROPE, MIDDLE EAST & AFRICA ASPHALT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. EUROPE, MIDDLE EAST & AFRICA ASPHALT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. ASPHALT MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 20. ASPHALT MARKET SHARE, BY KEY PLAYER, 2023

List of Tables

TABLE 1. ASPHALT MARKET SEGMENTATION & COVERAGE
TABLE 2. UNITED STATES DOLLAR EXCHANGE RATE, 2018–2023
TABLE 3. ASPHALT MARKET SIZE, 2018-2030 (USD MILLION)
TABLE 4. GLOBAL ASPHALT MARKET SIZE, BY REGION, 2018-2030 (USD MILLION)
TABLE 5. ASPHALT MARKET SIZE, BY MANUFACTURING METHOD, 2018-2030 (USD MILLION)
TABLE 6. ASPHALT MARKET SIZE, BY COLD MIX ASPHALT, BY REGION, 2018-2030 (USD MILLION)
TABLE 7. ASPHALT MARKET SIZE, BY HOT MIX ASPHALT, BY REGION, 2018-2030 (USD MILLION)
TABLE 8. ASPHALT MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 9. ASPHALT MARKET SIZE, BY COATING, BY REGION, 2018-2030 (USD MILLION)
TABLE 10. ASPHALT MARKET SIZE, BY PAVING ROADWAYS, BY REGION, 2018-2030 (USD MILLION)
TABLE 11. ASPHALT MARKET SIZE, BY WATER ROOFING, BY REGION, 2018-2030 (USD MILLION)
TABLE 12. AMERICAS ASPHALT MARKET SIZE, BY MANUFACTURING METHOD, 2018-2030 (USD MILLION)
TABLE 13. AMERICAS ASPHALT MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 14. AMERICAS ASPHALT MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
TABLE 15. ARGENTINA ASPHALT MARKET SIZE, BY MANUFACTURING METHOD, 2018-2030 (USD MILLION)
TABLE 16. ARGENTINA ASPHALT MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 17. BRAZIL ASPHALT MARKET SIZE, BY MANUFACTURING METHOD, 2018-2030 (USD MILLION)
TABLE 18. BRAZIL ASPHALT MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 19. CANADA ASPHALT MARKET SIZE, BY MANUFACTURING METHOD, 2018-2030 (USD MILLION)
TABLE 20. CANADA ASPHALT MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 21. MEXICO ASPHALT MARKET SIZE, BY MANUFACTURING METHOD, 2018-2030 (USD MILLION)
TABLE 22. MEXICO ASPHALT MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 23. UNITED STATES ASPHALT MARKET SIZE, BY MANUFACTURING METHOD, 2018-2030 (USD MILLION)
TABLE 24. UNITED STATES ASPHALT MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 25. UNITED STATES ASPHALT MARKET SIZE, BY STATE, 2018-2030 (USD MILLION)
TABLE 26. ASIA-PACIFIC ASPHALT MARKET SIZE, BY MANUFACTURING METHOD, 2018-2030 (USD MILLION)
TABLE 27. ASIA-PACIFIC ASPHALT MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 28. ASIA-PACIFIC ASPHALT MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
TABLE 29. AUSTRALIA ASPHALT MARKET SIZE, BY MANUFACTURING METHOD, 2018-2030 (USD MILLION)
TABLE 30. AUSTRALIA ASPHALT MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 31. CHINA ASPHALT MARKET SIZE, BY MANUFACTURING METHOD, 2018-2030 (USD MILLION)
TABLE 32. CHINA ASPHALT MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 33. INDIA ASPHALT MARKET SIZE, BY MANUFACTURING METHOD, 2018-2030 (USD MILLION)
TABLE 34. INDIA ASPHALT MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 35. INDONESIA ASPHALT MARKET SIZE, BY MANUFACTURING METHOD, 2018-2030 (USD MILLION)
TABLE 36. INDONESIA ASPHALT MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 37. JAPAN ASPHALT MARKET SIZE, BY MANUFACTURING METHOD, 2018-2030 (USD MILLION)
TABLE 38. JAPAN ASPHALT MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 39. MALAYSIA ASPHALT MARKET SIZE, BY MANUFACTURING METHOD, 2018-2030 (USD MILLION)
TABLE 40. MALAYSIA ASPHALT MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 41. PHILIPPINES ASPHALT MARKET SIZE, BY MANUFACTURING METHOD, 2018-2030 (USD MILLION)
TABLE 42. PHILIPPINES ASPHALT MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 43. SINGAPORE ASPHALT MARKET SIZE, BY MANUFACTURING METHOD, 2018-2030 (USD MILLION)
TABLE 44. SINGAPORE ASPHALT MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 45. SOUTH KOREA ASPHALT MARKET SIZE, BY MANUFACTURING METHOD, 2018-2030 (USD MILLION)
TABLE 46. SOUTH KOREA ASPHALT MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 47. TAIWAN ASPHALT MARKET SIZE, BY MANUFACTURING METHOD, 2018-2030 (USD MILLION)
TABLE 48. TAIWAN ASPHALT MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 49. THAILAND ASPHALT MARKET SIZE, BY MANUFACTURING METHOD, 2018-2030 (USD MILLION)
TABLE 50. THAILAND ASPHALT MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 51. VIETNAM ASPHALT MARKET SIZE, BY MANUFACTURING METHOD, 2018-2030 (USD MILLION)
TABLE 52. VIETNAM ASPHALT MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 53. EUROPE, MIDDLE EAST & AFRICA ASPHALT MARKET SIZE, BY MANUFACTURING METHOD, 2018-2030 (USD MILLION)
TABLE 54. EUROPE, MIDDLE EAST & AFRICA ASPHALT MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 55. EUROPE, MIDDLE EAST & AFRICA ASPHALT MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
TABLE 56. DENMARK ASPHALT MARKET SIZE, BY MANUFACTURING METHOD, 2018-2030 (USD MILLION)
TABLE 57. DENMARK ASPHALT MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 58. EGYPT ASPHALT MARKET SIZE, BY MANUFACTURING METHOD, 2018-2030 (USD MILLION)
TABLE 59. EGYPT ASPHALT MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 60. FINLAND ASPHALT MARKET SIZE, BY MANUFACTURING METHOD, 2018-2030 (USD MILLION)
TABLE 61. FINLAND ASPHALT MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 62. FRANCE ASPHALT MARKET SIZE, BY MANUFACTURING METHOD, 2018-2030 (USD MILLION)
TABLE 63. FRANCE ASPHALT MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 64. GERMANY ASPHALT MARKET SIZE, BY MANUFACTURING METHOD, 2018-2030 (USD MILLION)
TABLE 65. GERMANY ASPHALT MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 66. ISRAEL ASPHALT MARKET SIZE, BY MANUFACTURING METHOD, 2018-2030 (USD MILLION)
TABLE 67. ISRAEL ASPHALT MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 68. ITALY ASPHALT MARKET SIZE, BY MANUFACTURING METHOD, 2018-2030 (USD MILLION)
TABLE 69. ITALY ASPHALT MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 70. NETHERLANDS ASPHALT MARKET SIZE, BY MANUFACTURING METHOD, 2018-2030 (USD MILLION)
TABLE 71. NETHERLANDS ASPHALT MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 72. NIGERIA ASPHALT MARKET SIZE, BY MANUFACTURING METHOD, 2018-2030 (USD MILLION)
TABLE 73. NIGERIA ASPHALT MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 74. NORWAY ASPHALT MARKET SIZE, BY MANUFACTURING METHOD, 2018-2030 (USD MILLION)
TABLE 75. NORWAY ASPHALT MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 76. POLAND ASPHALT MARKET SIZE, BY MANUFACTURING METHOD, 2018-2030 (USD MILLION)
TABLE 77. POLAND ASPHALT MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 78. QATAR ASPHALT MARKET SIZE, BY MANUFACTURING METHOD, 2018-2030 (USD MILLION)
TABLE 79. QATAR ASPHALT MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 80. RUSSIA ASPHALT MARKET SIZE, BY MANUFACTURING METHOD, 2018-2030 (USD MILLION)
TABLE 81. RUSSIA ASPHALT MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 82. SAUDI ARABIA ASPHALT MARKET SIZE, BY MANUFACTURING METHOD, 2018-2030 (USD MILLION)
TABLE 83. SAUDI ARABIA ASPHALT MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 84. SOUTH AFRICA ASPHALT MARKET SIZE, BY MANUFACTURING METHOD, 2018-2030 (USD MILLION)
TABLE 85. SOUTH AFRICA ASPHALT MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 86. SPAIN ASPHALT MARKET SIZE, BY MANUFACTURING METHOD, 2018-2030 (USD MILLION)
TABLE 87. SPAIN ASPHALT MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 88. SWEDEN ASPHALT MARKET SIZE, BY MANUFACTURING METHOD, 2018-2030 (USD MILLION)
TABLE 89. SWEDEN ASPHALT MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 90. SWITZERLAND ASPHALT MARKET SIZE, BY MANUFACTURING METHOD, 2018-2030 (USD MILLION)
TABLE 91. SWITZERLAND ASPHALT MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 92. TURKEY ASPHALT MARKET SIZE, BY MANUFACTURING METHOD, 2018-2030 (USD MILLION)
TABLE 93. TURKEY ASPHALT MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 94. UNITED ARAB EMIRATES ASPHALT MARKET SIZE, BY MANUFACTURING METHOD, 2018-2030 (USD MILLION)
TABLE 95. UNITED ARAB EMIRATES ASPHALT MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 96. UNITED KINGDOM ASPHALT MARKET SIZE, BY MANUFACTURING METHOD, 2018-2030 (USD MILLION)
TABLE 97. UNITED KINGDOM ASPHALT MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 98. ASPHALT MARKET, FPNV POSITIONING MATRIX, 2023
TABLE 99. ASPHALT MARKET SHARE, BY KEY PLAYER, 2023
TABLE 100. ASPHALT MARKET LICENSE & PRICING