Asphalt

US demand for asphalt will increase 3.3 percent annually to 26.8 million tons in 2019. Roofing and other building construction products will outpace the dominant paving sector. Asphalt emulsions will pace gains among paving products. Residential buildings will be the fastest growing market, while nonbuilding uses remain the largest segment.This study analyzes the 22.8 million ton US asphalt industry. It presents historical demand data (2004, 2009 and 2014) and forecasts (2019 and 2024) by use (e.g., paving, roofing), product (e.g., asphalt cement, asphalt emulsions, cutback asphalt, asphalt shingles, modified bitumen roofing membranes, mopping asphalts, standard asphaltic roofing felts), market (construction, nonconstruction), and US region.The study also considers market environment factors, details industry structure, evaluates company market share, and profiles 43 industry players, including GAFMC, Owens Corning, and CertainTeed.