Press release
Recycled Asphalt Market 2027 Comprehensive Analysis, Industry Survey, Growth and Major Key Players
Recycled Asphalt Market
Drivers, restraints, and opportunities-
Several environmental and economic benefits from using recycled asphalt drive the growth of the global recycled asphalt market. On the other hand, limitations in the usage of the material impede the growth to some extent. However, development in custom solutions and technologies is expected to create lucrative opportunities in the industry.
Request PDF Brochure: https://www.alliedmarketresearch.com/request-sample/9820
Covid-19 scenario-
The outbreak of the pandemic led to sharp decline in the infrastructural and construction activities across the world, which in turn set off an overall deceased demand for recycled asphalt from several industry verticals. This factor impacted the global market negatively.
However, with several government bodies coming along with relaxations on the existing regulations, the global recycled asphalt market is expected to revive its position soon.
The hot recycling segment to dominate by 2027-
Based on type, the hot recycling segment accounted for more than three-fifths of the global recycled asphalt market share in 2019, and is projected to lead the trail by the end of 2027. The same segment would also register the fastest CAGR of 6.0% during the forecast period, owing to ease of handling and processing.
The patch material segment to maintain the dominant share-
Based on application, the patch material segment contributed to nearly one-third of the global recycled asphalt market revenue in 2019, and is expected to retain its dominance till 2027, due to wide use of recycled asphalt in re-surfacing and potholes. Simultaneously, the road aggregate for unpaved roadways segment would grow at the fastest CAGR of 6.4% from 2020 to 2027.
Get Detailed COVID-19 Impact Analysis on the Recycled Asphalt Market @ https://www.alliedmarketresearch.com/request-for-customization/9820?reqfor=covid
North America to rule the roost-
Based on region, North America generated the major share in 2019, holding more than two-fifths of the global recycled asphalt market, owing to rising application of recycled asphalt in reconstruction, resurfacing, and base development activities in the continent. The region across Asia-Pacific, on the other hand, would exhibit the fastest CAGR of 6.4% throughout the forecast period.
Key players in the industry-
Tokuyama Corporation
EK Industries AG
Merck Millipore Limited
Nippon Chemical Industrial Co. Ltd.
PQ Group Holdings Inc.
Occidental Petroleum Corporation
CIECH S.A.
Sinchem Silica Gel Co. Ltd.
Shijiazhuang Shuanglian Chemical Industry Co. Ltd.
Kiran Global Chem Limited.
Interested in Procuring This Report? Visit Here: https://www.alliedmarketresearch.com/recycled-asphalt-market/purchase-options
Contact:
David Correa
Portland, OR, United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022,
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research
About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
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 Recycled Asphalt Market 2027 Comprehensive Analysis, Industry Survey, Growth and Major Key Players here
News-ID: 2395640 • Views: …
More Releases from Allied Market Research.
Nanotechnology Drug Delivery Market to Reach $209.5 billion by 2032!! And Health …
Allied Market Research published a report, titled, Nanotechnology Drug Delivery Market by Formulation (Lipid-based nanomedicine, Polymer-based nanomedicine, Nanocrystals, Others), by Application (Oncology and Hematology, Infectious diseases, Orthopedics, Neurology, Urology, Immunology, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032" According to the report, the global Nanotechnology Drug Delivery Market Size was Valued at size was valued at $87.5 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 2022 and is Projected to surpass around $209.5 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 2032,…
Floor Coatings Market Size, Share, Floor Structure, End User, Coating Component, …
As per the report, the global floor coatings industry was accounted for $3.1 billion in 2020, and is expected to reach $5.5 billion by 2030, growing at a CAGR of 6.0% from 2021 to 2030. Increase in demand for floor coatings from end users such as commercial, residential, and industrial and surge in demand for interior decoration have boosted the growth of the global floor coatings market. However, slippery characteristic…
Automotive Camera Market Growing Trade Among Emerging Economies Opening New Oppo …
According to a recent report published by Allied Market Research, titled, Global Automotive Camera Market by Application, Technology, and Vehicle Type: Global Opportunity Analysis and Industry Forecast, 2018-2025, the global automotive camera market was valued at $11,401.6 million in 2017, and is projected to reach $24,092.1 million by 2025, growing at a CAGR of 9.70% from 2018 to 2025.
Download Report (PDF with Insights, Charts, Tables, Figures) at https://www.alliedmarketresearch.com/request-sample/
Leading players of the…
Aerospace Maintenance Chemical Market - Detailed Information Regarding the Impor …
The global aerospace maintenance chemical market generated $7.8 billion in 2021, and is projected to reach $13.7 billion by 2030, growing at a CAGR of 6.2% from 2022 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Rise in demand for the maintenance of aircraft surface, increase in flight frequency among…
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.…
