Through 2019, global demand for asphalt is projected to expand 2.8 percent per year to 122.5 million metric tons. The Asia/Pacific region has overtaken North America as the largest regional market, and will continue to record the fastest advances. Asphalt roofing products will outpace the dominant paving products segment.This study analyzes the 107 million metric ton world asphalt (bitumen) industry. It presents historical demand data (2004, 2009 and 2014) and forecasts (2019 and 2024) by product type (e.g., paving, roofing) for six world regions and 18 major countries.The study also considers market environment factors, details industry structure, evaluates company market share and profiles 44 industry players, including Sinopec, Shell Bitumen, and GAF Materials Corporation.
Freedonia Market Research—Reports provide industry insights targeting market size, product and market segmentation, product and market forecasts, industry composition, market leaders and business trends.
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