Global Asphalt Market to grow at a CAGR of 4.12% during 2017-2021 - BP, CEMEX, Exxon Mobil, Imperial Oil, Royal Dutch Shell
Asphalt (also known as bitumen) is a strong, versatile, weather-resistant, and chemical-resistant material, which adapts itself to a variety of uses. Asphalt binds gravel and crushed stone (commonly known as aggregate) into firm and tough surfaces for roads, streets, and airport runways.The global asphalt market to grow at a CAGR of 4.12% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global asphalt market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price for the product.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
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Technavio's report, Global Asphalt Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Browse more details at: http://www.researchmoz.us/global-asphalt-market-2017-2021-report.html
Key vendors
- BP
- CEMEX
- Exxon Mobil
- Imperial Oil
- Royal Dutch Shell
Other prominent vendors
- Aggregate Industries
- Akzo Nobel
- Anglo American
- Atlas Roofing
- China Petrochemical Corporation (Sinopec)
- El Dorado Chemical
- Inland Asphalt
- United Refining
Market driver
- Furtherance of transport sector and infrastructural development
- For a full, detailed list, view our report
Market challenge
- Sustainability and environmental concerns
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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