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Asphalt Market, Global Outlook and Forecast 2022-2028

April 2022 | 72 pages | ID: A6576F6E3D96EN
Market Monitor Global

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Asphalt is a sticky, black, and highly viscous liquid or semi-solid form of petroleum. It may be found in natural deposits or may be a refined product, and is classed as a pitch.

This report contains market size and forecasts of Asphalt in global, including the following market information:

Global Asphalt Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Asphalt Market Sales, 2017-2022, 2023-2028, (K MT)

Global top five Asphalt companies in 2021 (%)

The global Asphalt market was valued at 157.9 million in 2021 and is projected to reach US$ 210.5 million by 2028, at a CAGR of 4.2% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Additives Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Asphalt include BP, CEMEX, Exxon Mobil Corporation, Imperial Oil, Owens Corning, Shell International and Total, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Asphalt manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Asphalt Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Asphalt Market Segment Percentages, by Type, 2021 (%)
  • Additives
  • Mixtures
  • Others
Global Asphalt Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Asphalt Market Segment Percentages, by Application, 2021 (%)
  • Roadways
  • Waterproofing
  • Others
Global Asphalt Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Asphalt Market Segment Percentages, By Region and Country, 2021 (%)
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Russia
    • Nordic Countries
    • Benelux
    • Rest of Europe
  • Asia
    • China
    • Japan
    • South Korea
    • Southeast Asia
    • India
    • Rest of Asia
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • Turkey
    • Israel
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Asphalt revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Asphalt revenues share in global market, 2021 (%)

Key companies Asphalt sales in global market, 2017-2022 (Estimated), (K MT)

Key companies Asphalt sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:
  • BP
  • CEMEX
  • Exxon Mobil Corporation
  • Imperial Oil
  • Owens Corning
  • Shell International
  • Total
1 INTRODUCTION TO RESEARCH & ANALYSIS REPORTS

1.1 Asphalt Market Definition
1.2 Market Segments
  1.2.1 Market by Type
  1.2.2 Market by Application
1.3 Global Asphalt Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
  1.5.1 Research Methodology
  1.5.2 Research Process
  1.5.3 Base Year
  1.5.4 Report Assumptions & Caveats

2 GLOBAL ASPHALT OVERALL MARKET SIZE

2.1 Global Asphalt Market Size: 2021 VS 2028
2.2 Global Asphalt Revenue, Prospects & Forecasts: 2017-2028
2.3 Global Asphalt Sales: 2017-2028

3 COMPANY LANDSCAPE

3.1 Top Asphalt Players in Global Market
3.2 Top Global Asphalt Companies Ranked by Revenue
3.3 Global Asphalt Revenue by Companies
3.4 Global Asphalt Sales by Companies
3.5 Global Asphalt Price by Manufacturer (2017-2022)
3.6 Top 3 and Top 5 Asphalt Companies in Global Market, by Revenue in 2021
3.7 Global Manufacturers Asphalt Product Type
3.8 Tier 1, Tier 2 and Tier 3 Asphalt Players in Global Market
  3.8.1 List of Global Tier 1 Asphalt Companies
  3.8.2 List of Global Tier 2 and Tier 3 Asphalt Companies

4 SIGHTS BY PRODUCT

4.1 Overview
  4.1.1 By Type - Global Asphalt Market Size Markets, 2021 & 2028
  4.1.2 Additives
  4.1.3 Mixtures
  4.1.4 Others
4.2 By Type - Global Asphalt Revenue & Forecasts
  4.2.1 By Type - Global Asphalt Revenue, 2017-2022
  4.2.2 By Type - Global Asphalt Revenue, 2023-2028
  4.2.3 By Type - Global Asphalt Revenue Market Share, 2017-2028
4.3 By Type - Global Asphalt Sales & Forecasts
  4.3.1 By Type - Global Asphalt Sales, 2017-2022
  4.3.2 By Type - Global Asphalt Sales, 2023-2028
  4.3.3 By Type - Global Asphalt Sales Market Share, 2017-2028
4.4 By Type - Global Asphalt Price (Manufacturers Selling Prices), 2017-2028

5 SIGHTS BY APPLICATION

5.1 Overview
  5.1.1 By Application - Global Asphalt Market Size, 2021 & 2028
  5.1.2 Roadways
  5.1.3 Waterproofing
  5.1.4 Others
5.2 By Application - Global Asphalt Revenue & Forecasts
  5.2.1 By Application - Global Asphalt Revenue, 2017-2022
  5.2.2 By Application - Global Asphalt Revenue, 2023-2028
  5.2.3 By Application - Global Asphalt Revenue Market Share, 2017-2028
5.3 By Application - Global Asphalt Sales & Forecasts
  5.3.1 By Application - Global Asphalt Sales, 2017-2022
  5.3.2 By Application - Global Asphalt Sales, 2023-2028
  5.3.3 By Application - Global Asphalt Sales Market Share, 2017-2028
5.4 By Application - Global Asphalt Price (Manufacturers Selling Prices), 2017-2028

6 SIGHTS BY REGION

6.1 By Region - Global Asphalt Market Size, 2021 & 2028
6.2 By Region - Global Asphalt Revenue & Forecasts
  6.2.1 By Region - Global Asphalt Revenue, 2017-2022
  6.2.2 By Region - Global Asphalt Revenue, 2023-2028
  6.2.3 By Region - Global Asphalt Revenue Market Share, 2017-2028
6.3 By Region - Global Asphalt Sales & Forecasts
  6.3.1 By Region - Global Asphalt Sales, 2017-2022
  6.3.2 By Region - Global Asphalt Sales, 2023-2028
  6.3.3 By Region - Global Asphalt Sales Market Share, 2017-2028
6.4 North America
  6.4.1 By Country - North America Asphalt Revenue, 2017-2028
  6.4.2 By Country - North America Asphalt Sales, 2017-2028
  6.4.3 US Asphalt Market Size, 2017-2028
  6.4.4 Canada Asphalt Market Size, 2017-2028
  6.4.5 Mexico Asphalt Market Size, 2017-2028
6.5 Europe
  6.5.1 By Country - Europe Asphalt Revenue, 2017-2028
  6.5.2 By Country - Europe Asphalt Sales, 2017-2028
  6.5.3 Germany Asphalt Market Size, 2017-2028
  6.5.4 France Asphalt Market Size, 2017-2028
  6.5.5 U.K. Asphalt Market Size, 2017-2028
  6.5.6 Italy Asphalt Market Size, 2017-2028
  6.5.7 Russia Asphalt Market Size, 2017-2028
  6.5.8 Nordic Countries Asphalt Market Size, 2017-2028
  6.5.9 Benelux Asphalt Market Size, 2017-2028
6.6 Asia
  6.6.1 By Region - Asia Asphalt Revenue, 2017-2028
  6.6.2 By Region - Asia Asphalt Sales, 2017-2028
  6.6.3 China Asphalt Market Size, 2017-2028
  6.6.4 Japan Asphalt Market Size, 2017-2028
  6.6.5 South Korea Asphalt Market Size, 2017-2028
  6.6.6 Southeast Asia Asphalt Market Size, 2017-2028
  6.6.7 India Asphalt Market Size, 2017-2028
6.7 South America
  6.7.1 By Country - South America Asphalt Revenue, 2017-2028
  6.7.2 By Country - South America Asphalt Sales, 2017-2028
  6.7.3 Brazil Asphalt Market Size, 2017-2028
  6.7.4 Argentina Asphalt Market Size, 2017-2028
6.8 Middle East & Africa
  6.8.1 By Country - Middle East & Africa Asphalt Revenue, 2017-2028
  6.8.2 By Country - Middle East & Africa Asphalt Sales, 2017-2028
  6.8.3 Turkey Asphalt Market Size, 2017-2028
  6.8.4 Israel Asphalt Market Size, 2017-2028
  6.8.5 Saudi Arabia Asphalt Market Size, 2017-2028
  6.8.6 UAE Asphalt Market Size, 2017-2028

7 MANUFACTURERS & BRANDS PROFILES

7.1 BP
  7.1.1 BP Corporate Summary
  7.1.2 BP Business Overview
  7.1.3 BP Asphalt Major Product Offerings
  7.1.4 BP Asphalt Sales and Revenue in Global (2017-2022)
  7.1.5 BP Key News
7.2 CEMEX
  7.2.1 CEMEX Corporate Summary
  7.2.2 CEMEX Business Overview
  7.2.3 CEMEX Asphalt Major Product Offerings
  7.2.4 CEMEX Asphalt Sales and Revenue in Global (2017-2022)
  7.2.5 CEMEX Key News
7.3 Exxon Mobil Corporation
  7.3.1 Exxon Mobil Corporation Corporate Summary
  7.3.2 Exxon Mobil Corporation Business Overview
  7.3.3 Exxon Mobil Corporation Asphalt Major Product Offerings
  7.3.4 Exxon Mobil Corporation Asphalt Sales and Revenue in Global (2017-2022)
  7.3.5 Exxon Mobil Corporation Key News
7.4 Imperial Oil
  7.4.1 Imperial Oil Corporate Summary
  7.4.2 Imperial Oil Business Overview
  7.4.3 Imperial Oil Asphalt Major Product Offerings
  7.4.4 Imperial Oil Asphalt Sales and Revenue in Global (2017-2022)
  7.4.5 Imperial Oil Key News
7.5 Owens Corning
  7.5.1 Owens Corning Corporate Summary
  7.5.2 Owens Corning Business Overview
  7.5.3 Owens Corning Asphalt Major Product Offerings
  7.5.4 Owens Corning Asphalt Sales and Revenue in Global (2017-2022)
  7.5.5 Owens Corning Key News
7.6 Shell International
  7.6.1 Shell International Corporate Summary
  7.6.2 Shell International Business Overview
  7.6.3 Shell International Asphalt Major Product Offerings
  7.6.4 Shell International Asphalt Sales and Revenue in Global (2017-2022)
  7.6.5 Shell International Key News
7.7 Total
  7.7.1 Total Corporate Summary
  7.7.2 Total Business Overview
  7.7.3 Total Asphalt Major Product Offerings
  7.7.4 Total Asphalt Sales and Revenue in Global (2017-2022)
  7.7.5 Total Key News

8 GLOBAL ASPHALT PRODUCTION CAPACITY, ANALYSIS

8.1 Global Asphalt Production Capacity, 2017-2028
8.2 Asphalt Production Capacity of Key Manufacturers in Global Market
8.3 Global Asphalt Production by Region

9 KEY MARKET TRENDS, OPPORTUNITY, DRIVERS AND RESTRAINTS

9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints

10 ASPHALT SUPPLY CHAIN ANALYSIS

10.1 Asphalt Industry Value Chain
10.2 Asphalt Upstream Market
10.3 Asphalt Downstream and Clients
10.4 Marketing Channels Analysis
  10.4.1 Marketing Channels
  10.4.2 Asphalt Distributors and Sales Agents in Global

11 CONCLUSION

12 APPENDIX

12.1 Note
12.2 Examples of Clients
12.3 Disclaimer

LIST OF TABLES

Table 1. Key Players of Asphalt in Global Market
Table 2. Top Asphalt Players in Global Market, Ranking by Revenue (2021)
Table 3. Global Asphalt Revenue by Companies, (US$, Mn), 2017-2022
Table 4. Global Asphalt Revenue Share by Companies, 2017-2022
Table 5. Global Asphalt Sales by Companies, (K MT), 2017-2022
Table 6. Global Asphalt Sales Share by Companies, 2017-2022
Table 7. Key Manufacturers Asphalt Price (2017-2022) & (USD/MT)
Table 8. Global Manufacturers Asphalt Product Type
Table 9. List of Global Tier 1 Asphalt Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Asphalt Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type – Global Asphalt Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - Global Asphalt Revenue (US$, Mn), 2017-2022
Table 13. By Type - Global Asphalt Revenue (US$, Mn), 2023-2028
Table 14. By Type - Global Asphalt Sales (K MT), 2017-2022
Table 15. By Type - Global Asphalt Sales (K MT), 2023-2028
Table 16. By Application – Global Asphalt Revenue, (US$, Mn), 2021 & 2028
Table 17. By Application - Global Asphalt Revenue (US$, Mn), 2017-2022
Table 18. By Application - Global Asphalt Revenue (US$, Mn), 2023-2028
Table 19. By Application - Global Asphalt Sales (K MT), 2017-2022
Table 20. By Application - Global Asphalt Sales (K MT), 2023-2028
Table 21. By Region – Global Asphalt Revenue, (US$, Mn), 2021 VS 2028
Table 22. By Region - Global Asphalt Revenue (US$, Mn), 2017-2022
Table 23. By Region - Global Asphalt Revenue (US$, Mn), 2023-2028
Table 24. By Region - Global Asphalt Sales (K MT), 2017-2022
Table 25. By Region - Global Asphalt Sales (K MT), 2023-2028
Table 26. By Country - North America Asphalt Revenue, (US$, Mn), 2017-2022
Table 27. By Country - North America Asphalt Revenue, (US$, Mn), 2023-2028
Table 28. By Country - North America Asphalt Sales, (K MT), 2017-2022
Table 29. By Country - North America Asphalt Sales, (K MT), 2023-2028
Table 30. By Country - Europe Asphalt Revenue, (US$, Mn), 2017-2022
Table 31. By Country - Europe Asphalt Revenue, (US$, Mn), 2023-2028
Table 32. By Country - Europe Asphalt Sales, (K MT), 2017-2022
Table 33. By Country - Europe Asphalt Sales, (K MT), 2023-2028
Table 34. By Region - Asia Asphalt Revenue, (US$, Mn), 2017-2022
Table 35. By Region - Asia Asphalt Revenue, (US$, Mn), 2023-2028
Table 36. By Region - Asia Asphalt Sales, (K MT), 2017-2022
Table 37. By Region - Asia Asphalt Sales, (K MT), 2023-2028
Table 38. By Country - South America Asphalt Revenue, (US$, Mn), 2017-2022
Table 39. By Country - South America Asphalt Revenue, (US$, Mn), 2023-2028
Table 40. By Country - South America Asphalt Sales, (K MT), 2017-2022
Table 41. By Country - South America Asphalt Sales, (K MT), 2023-2028
Table 42. By Country - Middle East & Africa Asphalt Revenue, (US$, Mn), 2017-2022
Table 43. By Country - Middle East & Africa Asphalt Revenue, (US$, Mn), 2023-2028
Table 44. By Country - Middle East & Africa Asphalt Sales, (K MT), 2017-2022
Table 45. By Country - Middle East & Africa Asphalt Sales, (K MT), 2023-2028
Table 46. BP Corporate Summary
Table 47. BP Asphalt Product Offerings
Table 48. BP Asphalt Sales (K MT), Revenue (US$, Mn) and Average Price (USD/MT) (2017-2022)
Table 49. CEMEX Corporate Summary
Table 50. CEMEX Asphalt Product Offerings
Table 51. CEMEX Asphalt Sales (K MT), Revenue (US$, Mn) and Average Price (USD/MT) (2017-2022)
Table 52. Exxon Mobil Corporation Corporate Summary
Table 53. Exxon Mobil Corporation Asphalt Product Offerings
Table 54. Exxon Mobil Corporation Asphalt Sales (K MT), Revenue (US$, Mn) and Average Price (USD/MT) (2017-2022)
Table 55. Imperial Oil Corporate Summary
Table 56. Imperial Oil Asphalt Product Offerings
Table 57. Imperial Oil Asphalt Sales (K MT), Revenue (US$, Mn) and Average Price (USD/MT) (2017-2022)
Table 58. Owens Corning Corporate Summary
Table 59. Owens Corning Asphalt Product Offerings
Table 60. Owens Corning Asphalt Sales (K MT), Revenue (US$, Mn) and Average Price (USD/MT) (2017-2022)
Table 61. Shell International Corporate Summary
Table 62. Shell International Asphalt Product Offerings
Table 63. Shell International Asphalt Sales (K MT), Revenue (US$, Mn) and Average Price (USD/MT) (2017-2022)
Table 64. Total Corporate Summary
Table 65. Total Asphalt Product Offerings
Table 66. Total Asphalt Sales (K MT), Revenue (US$, Mn) and Average Price (USD/MT) (2017-2022)
Table 67. Asphalt Production Capacity (K MT) of Key Manufacturers in Global Market, 2020-2022 (K MT)
Table 68. Global Asphalt Capacity Market Share of Key Manufacturers, 2020-2022
Table 69. Global Asphalt Production by Region, 2017-2022 (K MT)
Table 70. Global Asphalt Production by Region, 2023-2028 (K MT)
Table 71. Asphalt Market Opportunities & Trends in Global Market
Table 72. Asphalt Market Drivers in Global Market
Table 73. Asphalt Market Restraints in Global Market
Table 74. Asphalt Raw Materials
Table 75. Asphalt Raw Materials Suppliers in Global Market
Table 76. Typical Asphalt Downstream
Table 77. Asphalt Downstream Clients in Global Market
Table 78. Asphalt Distributors and Sales Agents in Global Market

LIST OF FIGURES

Figure 1. Asphalt Segment by Type
Figure 2. Asphalt Segment by Application
Figure 3. Global Asphalt Market Overview: 2021
Figure 4. Key Caveats
Figure 5. Global Asphalt Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global Asphalt Revenue, 2017-2028 (US$, Mn)
Figure 7. Asphalt Sales in Global Market: 2017-2028 (K MT)
Figure 8. The Top 3 and 5 Players Market Share by Asphalt Revenue in 2021
Figure 9. By Type - Global Asphalt Sales Market Share, 2017-2028
Figure 10. By Type - Global Asphalt Revenue Market Share, 2017-2028
Figure 11. By Type - Global Asphalt Price (USD/MT), 2017-2028
Figure 12. By Application - Global Asphalt Sales Market Share, 2017-2028
Figure 13. By Application - Global Asphalt Revenue Market Share, 2017-2028
Figure 14. By Application - Global Asphalt Price (USD/MT), 2017-2028
Figure 15. By Region - Global Asphalt Sales Market Share, 2017-2028
Figure 16. By Region - Global Asphalt Revenue Market Share, 2017-2028
Figure 17. By Country - North America Asphalt Revenue Market Share, 2017-2028
Figure 18. By Country - North America Asphalt Sales Market Share, 2017-2028
Figure 19. US Asphalt Revenue, (US$, Mn), 2017-2028
Figure 20. Canada Asphalt Revenue, (US$, Mn), 2017-2028
Figure 21. Mexico Asphalt Revenue, (US$, Mn), 2017-2028
Figure 22. By Country - Europe Asphalt Revenue Market Share, 2017-2028
Figure 23. By Country - Europe Asphalt Sales Market Share, 2017-2028
Figure 24. Germany Asphalt Revenue, (US$, Mn), 2017-2028
Figure 25. France Asphalt Revenue, (US$, Mn), 2017-2028
Figure 26. U.K. Asphalt Revenue, (US$, Mn), 2017-2028
Figure 27. Italy Asphalt Revenue, (US$, Mn), 2017-2028
Figure 28. Russia Asphalt Revenue, (US$, Mn), 2017-2028
Figure 29. Nordic Countries Asphalt Revenue, (US$, Mn), 2017-2028
Figure 30. Benelux Asphalt Revenue, (US$, Mn), 2017-2028
Figure 31. By Region - Asia Asphalt Revenue Market Share, 2017-2028
Figure 32. By Region - Asia Asphalt Sales Market Share, 2017-2028
Figure 33. China Asphalt Revenue, (US$, Mn), 2017-2028
Figure 34. Japan Asphalt Revenue, (US$, Mn), 2017-2028
Figure 35. South Korea Asphalt Revenue, (US$, Mn), 2017-2028
Figure 36. Southeast Asia Asphalt Revenue, (US$, Mn), 2017-2028
Figure 37. India Asphalt Revenue, (US$, Mn), 2017-2028
Figure 38. By Country - South America Asphalt Revenue Market Share, 2017-2028
Figure 39. By Country - South America Asphalt Sales Market Share, 2017-2028
Figure 40. Brazil Asphalt Revenue, (US$, Mn), 2017-2028
Figure 41. Argentina Asphalt Revenue, (US$, Mn), 2017-2028
Figure 42. By Country - Middle East & Africa Asphalt Revenue Market Share, 2017-2028
Figure 43. By Country - Middle East & Africa Asphalt Sales Market Share, 2017-2028
Figure 44. Turkey Asphalt Revenue, (US$, Mn), 2017-2028
Figure 45. Israel Asphalt Revenue, (US$, Mn), 2017-2028
Figure 46. Saudi Arabia Asphalt Revenue, (US$, Mn), 2017-2028
Figure 47. UAE Asphalt Revenue, (US$, Mn), 2017-2028
Figure 48. Global Asphalt Production Capacity (K MT), 2017-2028
Figure 49. The Percentage of Production Asphalt by Region, 2021 VS 2028
Figure 50. Asphalt Industry Value Chain
Figure 51. Marketing Channels


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