Press release
Asphalt, Lubricating Oil And Grease Manufacturing Market Value is Expected to Reach $249.6 Billion by 2023 | Covid 19 Impact And Recovery
Asphalt, Lubricating Oil And Grease Manufacturing Market
The global asphalt, lubricating oil and grease market is expected to decline from $338 billion in 2019 to $195.9 billion in 2020 at a compound annual growth rate (CAGR) of -42.1%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 9% from 2021 and reach $249.6 billion in 2023.
Place a DIRECT PURCHASE ORDER of The Entire 140+ Pages Report @ https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=2885
The asphalt, lubricating oil and grease market consists of sales of asphalt, lubricating oil and grease by entities (organizations, sole traders or partnerships) that produce block asphalt, asphalt paving mixture, asphalt shingle, coating materials, petroleum lubricating oil and grease. Asphalt is a sticky, black and highly viscous liquid or semi-solid form of petroleum used for surfacing roads, flooring, and roofing.
The use of recycled asphalt shingles (RAS) (a petroleum product which is a variation on traditional asphalt) in asphalt pavement is increasing rapidly as it significantly reduces costs and resources to lay asphalt pavements. Shingle recycling involves collecting asphalt shingles from roof tear-offs and recycling to produce related products. Shingles constitute about 25%-30% asphalt cement, 40%-60% hard aggregate present in 30 to 60 sieves and 3%-12% fiber which are used in asphalt pavements. Recycled shingles reduces the need for landfills and reclaims resources such as asphalt binder and fine aggregate. For instance, according to the US Environmental Protection Agency and the Federal Highway Administration about 100% of asphalt pavement is recycled, thus indicating high levels of asphalt reclamation.
Asphalt, Lubricating Oil And Grease Manufacturing Market Segmentation: -
By Type
Asphalt
Other Petroleum Products
By End Use Industries
Power Generation
Transport
Metallurgy & Metalworking
Food & Beverage
Chemical
Others
Browse Complete Report @ https://www.thebusinessresearchcompany.com/report/asphalt-lubricating-oil-and-grease-global-market-report-2020-30-covid-19-impact-and-recovery
Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Asphalt, Lubricating Oil And Grease Manufacturing Market Characteristics
4. Asphalt, Lubricating Oil And Grease Manufacturing Market Product Analysis
5. Asphalt, Lubricating Oil And Grease Manufacturing Market Supply Chain
.
.
.
21. Key Mergers And Acquisitions In The Asphalt, Lubricating Oil And Grease Manufacturing Market
22. Market Background: Oil Downstream Activities Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer
The report covers the trends and market dynamics of the Asphalt, Lubricating Oil And Grease Manufacturing Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
Request for a Sample Copy of This Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=2885&type=smp
Some of the key players involved in the Asphalt, Lubricating Oil And Grease Manufacturing Market are Royal Dutch Shell; BP PLC; Gazprom Neft; CRH Plc; Owens Corning Sales LLC
Contact Information:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow us on Blog: http://blog.tbrc.info/
About US:
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Asphalt, Lubricating Oil And Grease Manufacturing Market Value is Expected to Reach $249.6 Billion by 2023 | Covid 19 Impact And Recovery here
News-ID: 2083552 • Views: …
More Releases from The Business research company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Asphalt
Advance Asphalt Expands Premium Asphalt Services in Pembroke, MA
Image: https://www.getnews.info/wp-content/uploads/2024/09/1727111601.png
Pembroke, MA - September 24, 2024 - Advance Asphalt, a leader in high-quality asphalt services, proudly announces the expansion of its offerings in Pembroke, MA. Known for exceptional craftsmanship and reliable service, Advance Asphalt continues to deliver top-tier solutions for both residential and commercial clients.
Among the premier services now available is seal coating in Pembroke, MA. [https://www.google.com/maps?cid=11586809525069397860]This service ensures protection against the damaging effects of weather, oil, and traffic…
Tullahoma Asphalt Paving: Professional Paving Company For All Asphalt Needs
Image: https://www.getnews.info/wp-content/uploads/2024/09/1724949979.png
Tullahoma Asphalt Paving is a top company that offers a wide array of quality paving services, excellent customer service, and expertise. Its professional and knowledgeable paving contractors look for ways to find the best value for their clients' commercial or home projects.
Tullahoma, TN - Tullahoma Asphalt Paving is a leading provider of high-quality asphalt services in Tullahoma, TN, and nearby regions. The Asphalt Company Tullahoma [https://www.google.com/maps?cid=10079490256593890372] has established…
Dickson Asphalt Paving Shares Common Mistakes to Avoid in Asphalt Paving
Image: https://www.getnews.info/wp-content/uploads/2024/07/1720789699.jpeg
Dickson Asphalt Paving is a top-rated asphalt paving company. In a recent update, the company shared common mistakes to avoid in asphalt paving.
Dickson, TN - In a website post, Dickson Asphalt Paving shared common mistakes to avoid in asphalt paving.
The technicians mentioned that inadequate surface preparation is a frequent oversight in asphalt paving Dickson [https://maps.app.goo.gl/q5zz1UUdZ13ZvnAa8]. Skipping essential steps such as proper grading and compacting of the base can lead…
Professional and Quality Asphalt Paving Services by Licensed Asphalt Contractors
Image: https://www.getnews.info/wp-content/uploads/2024/07/1720802632.jpeg
Asphalt paving requires the services of a professional in the field for the installation and repair processes to get done well without hitches. Asphalt paving has numerous benefits, like improved driving experience and aesthetic appeal when properly installed. There are different asphalt paving companies in the industry, and selecting the best-qualified one improves one's chances of getting a remarkable service.
Brentwood, TN - Brentwood Asphalt Paving is a professional…
Apopka Asphalt Paving Shares Common Mistakes to Avoid in Asphalt Paving
Apopka Asphalt Paving is a premier asphalt paving company. In a recent update, the company shared common mistakes to avoid in asphalt paving.
Apopka, FL - In a website post, Apopka Asphalt Paving shared common mistakes to avoid in asphalt paving.
The experts noted that one frequent mistake in asphalt paving Apopka [https://apopkaasphaltpaving.com/kit-land-nelson-park-a-community-gem-in-apopka-fl/] is inadequate site preparation. Skipping or rushing through this step can result in an unstable foundation, leading to…
RSH Asphalt Rebrands as Hardtop Asphalt, Continues Serving Murfreesboro & Nashvi …
RSH Asphalt Maintenance continues to offer high-quality asphalt paving and repair services under their new name: Hardtop Asphalt. The rebrand was to ensure their name embodied the quality of work they focus on bringing to every client throughout Murfreesboro TN, Nashville TN, and the surrounding counties.
Murfreesboro, TN - Hardtop Asphalt, formerly known as RSH Asphalt, is excited to announce its rebranding and expansion of services in Murfreesboro and Nashville, TN.…
