Global Asphalt Plants (Asphalt Mixing Plants) market cagr 9.7%

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Asphalt Plants (Asphalt Mixing Plants) Market

Asphalt Plants (Asphalt Mixing Plants) Market

Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

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Asphalt Plants (Asphalt Mixing Plants) Market Size and Growth

The global Asphalt Plants market is projected to reach a value of $2.5 billion by 2026, growing at a CAGR of 4.5% during the forecast period. Factors driving market growth include infrastructure development and increasing demand for roads and highways. Key players in the market include Astec Industries, MARINI, and Ammann Group.

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Companies Covered

(Covid 19 Impact Covered)

◍ MARINI

◍ Ammann

◍ Lintec

◍ WIRTGEN

◍ Astec

◍ Nikko

◍ Sany

◍ Tietuo Machinery

◍ XRMC

◍ Roady

◍ GP Günter Papenburg

◍ Yalong

The Asphalt Plants Market is highly competitive with key players such as MARINI, Ammann, Astec, WIRTGEN, and others dominating the market. These companies manufacture and supply high-quality asphalt plants globally, catering to the growing demand for road construction projects. Some of the companies' sales revenue figures: Ammann - $800 million, Astec - $1.1 billion, WIRTGEN - $2.4 billion.

◍ Liaoyang Road Construction Machinery

◍ Luda

◍ Xinhai

◍ Tanaka Iron Works

◍ SPECO

◍ Huatong Kinetics

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Market Segmentation

By Application

Road Construction

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By Product

Below 240t/h

240t/h-320t/h

Above 320t/h

Market Growth

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$ X Billion USD

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