Global Paving Asphalt market cagr 10.0%

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Paving

Market

Asphalt
Paving Asphalt Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031 Request Sample Report

Paving Asphalt Market Size and Growth

The global paving asphalt market is projected to reach a market size of $77.7 billion by 2025, with a CAGR of 3.5% from 2020 to 2025. This growth is driven by increasing infrastructure development projects and the rising demand for durable and cost-effective road surfacing materials. Key players in the market include ExxonMobil, Royal Dutch Shell, and BP.

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Companies Covered (Covid 19 Impact Covered)

◍ Oldcastle Materials

◍ Vulcan Materials

◍ Summit Materials

◍ Delek(Alon)

◍ Calumet Specialty Products

◍ HeidelbergCement

◍ Lemminkainen

◍ Ergon

◍ HollyFrontier

◍ British Petroleum

◍ Joseph McCormick

◍ Wirtgen Group

◍ Topcon Positioning System

◍ ExxonMobil

◍ Wolf Paving

The Paving Asphalt market is highly competitive with companies like Oldcastle Materials, Vulcan Materials, and Summit Materials leading the industry. These companies provide a wide range of products and services related to paving asphalt, helping to grow the market through their innovative solutions.

- Oldcastle Materials sales revenue: $15 billion

- Vulcan Materials sales revenue: $3.6 billion

- Summit Materials sales revenue: $2 billion

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Market Segmentation

By Application

◍ Road

◍ Other

By Product

◍ Mix Type

◍ Perpetual Type

◍ Porous Type

◍ Quiet Type

◍ Warm-Mix Type

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$ X Billion USD
Market Growth
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