Recycled Asphalt Market to Exhibit a Remarkable CAGR of 5.10% by 2029, Size, Share, Trends, Key Drivers, Demand, Opportunity Analysis and Competitive Outlook

Global Recycled Asphalt Market was valued at USD 7.84 billion in 2021 and is expected to reach USD 11.68 billion by 2029, registering a CAGR of 5.10% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.

Recycled asphalt or reclaimed asphalt is processed pavement containing asphalt and aggregates. Production of virgin asphalt propels CO2 emissions as it requires the burning of fossil fuels, but recycled production of asphalt magnifies environmental pollution and endangers frugal nature of natural resources in the process. Therefore, recycled asphalt is the effective method to reduce the overall production of toxins.

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Some of the major players operating in the recycled asphalt market are:

• BASF SE (Germany)
• Dupont (U.S.)
• SOLVAY (Belgium)
• 3M (U.S.)
• Honeywell International Inc. (U.S.)
• Corporate.Evonik (Germany)
• Huntsman International LLC (U.S.)
• GCP Applied Technologies Inc. (U.S.)
• RPM International (U.S.)
• Fosroc Inc., (U.K.)
• Dow (U.S.)
• Saint-Gobain (France)
• Arkem S.A. (France)
• Ashland Inc (U.S.)
• Mapei S.p.A (Italy),
• MUHU (China)

Competitive Landscape and Recycled Asphalt Market Share Analysis:

The recycled asphalt market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to recycled asphalt market.

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