Press release
Asphalt Plants (Asphalt Mixing Plants) Market Projected to Cross 2860 million US$ by 2025
Asphalt Mixing Plant is the plant that is used for mixing warm aggregate, soft materials & asphalt for similar mixture at the required temperature. It is used for construction of highway & city road.
At present, the manufactures of Asphalt Mixing Plants are concentrated in China, USA, Europe, Asia Pacific (Except China) and India. China is the largest production area in the world, which occupied about 40% in 2016. The following areas are Europe and the USA. The global leading players in this market are MARINI, Ammann, Lintec, Nikko, Sany, etc.
There are two types of Asphalt mixing plant, Continuous Asphalt Mixing Plant and Batch Asphalt Mixing Plant. Batch Asphalt Mixing Plant dominated the market, accounting for 86.15% production market in 2016. The asphalt mixing plants are mainly used by road construction, which accounting for 81.06% market share in 2016.
Despite the presence of competition problems, due to the increasing demand of road construction machine and the governments support, investors are still optimistic about this area, the future will still have more new investment enter the field. In the next five years, the consumption volume will keep increasing, as well as the consumption value.
The global Asphalt Plants (Asphalt Mixing Plants) market is valued at 2330 million US$ in 2017 and will reach 2860 million US$ by the end of 2025, growing at a CAGR of 2.6% during 2018-2025.
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The major manufacturers covered in this report
MARINI
Ammann
Lintec
Nikko
Sany
Tietuo Machinery
XRMC
Roady
Astec
GP Günter Papenburg
Yalong
Liaoyang Road Building Machinery
Luda
Xinhai
Tanaka Iron Works
SPECO
Huatong Kinetics
NFLG
Southeast Construction Machinery
Yima
Jilin Road Construction Machinery
Zoomlion
D&G Machinery
XCMG
Hongda
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
North America
Europe
China
Japan
India
Southeast Asia
Other regions (Central & South America, Middle East & Africa)
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Continuous Asphalt Mixing Plant
Batch Asphalt Mixing Plant
By Application, the market can be split into
Road Construction
Other Application
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