Rubberized Asphalt Concrete (RAC) Market
Rubberized Asphalt Concrete (RAC) Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Rubberized Asphalt Concrete (RAC) Market Size and Growth
The Rubberized Asphalt Concrete (RAC) market is experiencing significant growth due to rising demand for sustainable paving solutions. The global market size is projected to reach approximately $4 billion by 2025. Increased awareness of environmental benefits and improved road performance contribute to RAC's adoption across various infrastructure projects.
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Companies Covered
(Covid 19 Impact Covered)
◍ Graniterock
◍ HUBEI GUOCHUANG HI-TECH MATERIAL
◍ American Tire Recycling
◍ Hengshui Zehao
◍ Caltrans
The Rubberized Asphalt Concrete (RAC) market is fueled by companies like Graniterock, HUBEI GUOCHUANG HITECH MATERIAL, American Tire Recycling, Hengshui Zehao, and Caltrans, which innovate in eco-friendly road construction. These firms utilize RAC to enhance durability, promote sustainability, and drive market growth. Sales figures vary by company.
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Market Segmentation
By Application
Road Construction
Bridge Construction
Others
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By Product
Asphalt-rubber
Terminal Blend
Market Growth
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$ X Billion USD
