Global ASPHALT Market Research Report 2017 to 2021 studies the ASPHALT market status and outlook of global and major regions, from angles of manufacturers, regions, product types and end industries. The report covers the present scenario and the growth prospects of the global ASPHALT market for 2017-2021. To calculate the market size, the report includes segmentation of the market on the basis of product category and geography. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure of the ASPHALT Market.
Companies discussed are BP, CEMEX, Exxon Mobil, Imperial Oil, Royal Dutch Shell, Aggregate Industries, Akzo Nobel, Anglo American, Atlas Roofing, China Petrochemical Corporation (Sinopec), El Dorado Chemical, Inland Asphalt, and United Refining.
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The global asphalt market is moderately fragmented due to the presence of prominent international vendors holding major shares in the global market. The performance of vendors in the global asphalt market is influenced by the funding patterns and the feasibility of operations from a local and a global market standpoint. To gain a competitive advantage, an increasing number of vendors are using modern technologies, such as Warm Mix Asphalt, to reduce cost and to facilitate ease of operations. Also, an increasing number of vendors are focusing on the production of asphalt used for waterproofing and agricultural applications.
Segmentation by application and analysis of the asphalt market
During 2016, the roadways sector dominated the asphalt market and accounted for a major part of the overall market share. The high participation of the World Bank and other donor agencies in road development programs is the major contributor to the dominance of this segment in the global market.
Segmentation by end-users and analysis of the asphalt market
- Non-residential construction
- Residential construction
In this market study, analysts have estimated the non-residential segment to dominate the asphalt market during the forecast period. The high demand for asphalt market from the non-residential paving sector is the major attributor to the growth of this segment in the asphalt market. Asian countries, such as India and China, are expected to be the major asphalt consuming nations in this segment.
Major points covered in Global ASPHALT Market 2017 Research are:-
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global asphalt market?
- What are the key market trends impacting the growth of the global asphalt market?
- What are the challenges to market growth?
- Who are the key vendors in the global asphalt market?
- What are the market opportunities and threats faced by the vendors in the global asphalt market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global asphalt market?
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of ASPHALT in these regions, from 2012 to 2021 (forecast), covering Americas, APAC and EMEA.
The report provides a basic overview of the ASPHALT industry including definitions, classifications, applications and industry chain structure. And development policies and plans are discussed as well as manufacturing processes and cost structures.
Then, the report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share and contact information. What’s more, the ASPHALT industry development trends and marketing channels are analyzed.
The research includes historic data from 2012 to 2016 and forecasts until 2021 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of ASPHALT on the basis of stating current situation of the industry in 2017 so as to make comprehensive organization and judgment on the competition situation and development trend of ASPHALT Market and assist manufacturers and investment organization to better grasp the development course of ASPHALT Market.