Prismane
Asphalt Market...

Asphalt Market Demand & Forecast Analysis, 2018-2034

Report Type: Market Reports
   Category: Petrochemicals
Last Updated: 2023-05-09
Report Details
  • GMB - 995251
  • 125
  • Report License Type :
  • 4500 (USD)
  • 5500(USD)
  • 6500 (USD)

Scope of Report 

The Asphalt report describes the global Asphalt market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand Analysis
•  Demand Composition, by Types and Applications
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Demand Balance 
•  Asphalt Market data in terms of volume and value for each end-use 
   at regional and country level
•  Asphalt Market analysis for demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment


Frequently Asked Questions

1. What is Asphalt?
Asphalt is a sticky, black composite derived from crude oil or found naturally. It is used as a binder in road construction, roofing and waterproofing applications due to its excellent adhesion, high load stability and good weatherability.
2. What are the key types of asphalt?
The main types of asphalts include paving grade, modified and others which include industrial asphalt, oxidized asphalt and cutback or emulsified asphalts. These are widely used in waterproofing and roofing applications.
3. What are the major restraints in the global asphalt market?
A key restraint is the volatility in crude oil prices, because bitumen the primary material for asphalt is a by product of the crude oil refining industry. Price fluctuations impact production costs and profit margins.
4. Who are some leading manufacturers of asphalt?
Shell, Exxon Mobil, Phillips 66, Valero Energy, Marathon Petroleum, Koch Industries are some of the major manufacturers operating in the global asphalt market.
5. Which region has the highest demand for asphalts?
Asia-Pacific region has the highest demand for asphalt. Countries like China and India lead the market due to growing population and growth in the construction and infrastructure sector.