Asphalt Plant Market Outlook with Thrilling Growth by Key Players Capious Roadtech Pvt. Ltd., Fayat SAS, JSC Kredmash, NFLG INC., Nikko Co. Ltd, Sany Heavy Industry Co., Ltd., Speedcrafts Limited and Others
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The global asphalt plant market was valued US$ 1.93 Bn in 2018 and is expected to reach US$ 2.47 Bn by 2027 with a CAGR growth rate of 2.8% in the forecast period from 2019 to 2027.
Asphalt is a sticky black or brown, highly viscous liquid or semi-solid form of petroleum and is a residue produced by crude oil refineries. Asphalt is primarily used for paving roads and has applications in transportation (roads, railway beds or airport runways, taxiways, etc.), recreation (playgrounds, bicycle paths, running tracks, and tennis court), agriculture (barn floors and greenhouse floor), industrial (ports, landfill caps, worksites), and building construction (floorings), among others. The construction activities across the world are increasing owing to growing urbanization and infrastructure projects in developing and developed economies. The road and highway construction activities across the world are increasing, and the government bodies are focusing on the speed and quality of the roads built, which is supporting the growth of the asphalt plant market. Currently, asphalt plant manufacturers are focusing on offering advanced asphalt plants that are easy to install and offer greater flexibility.
Top Companies:- Ammann Group Holding AG (Marini Marini-Ermont SAE), Astec Industries, INC., Benninghoven GmbH & CO.KG, Capious Roadtech Pvt. Ltd., Fayat SAS, JSC Kredmash, NFLG INC., Nikko Co. Ltd, Sany Heavy Industry Co., Ltd., Speedcrafts Limited
The state-of-the-art research on Asphalt Plant market, which is a detailed analysis of business space inclusive of the current market trends, competitive background, and size of the market. Encircling one or more parameters among analysis of the product, application potential, and global and regional growth strategies.
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Table of Contents:
2. Key Takeaways
3. Research Methodology
4. Asphalt Plant Market Landscape
5. Asphalt Plant Market - Key Market Dynamics
6. Asphalt Plant Market - Global Market Analysis
7. Asphalt Plant Market - Revenue and Forecasts to 2027 - Product Type
8. Asphalt Plant Market - Revenue and Forecasts to 2027 - Application
9. Asphalt Plant Market - Revenue and Forecasts to 2027 - Compound
10. Asphalt Plant Market Revenue and Forecasts to 2027 - Geographical Analysis
11. Industry Landscape
12. Asphalt Plant Market, Key Company Profiles
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