About Asphalt
Asphalt is a black, sticky, and highly viscous material obtained during the fractional distillation of crude oil. It is mainly used for road construction, waterproofing, and recreation.
Technavio’s analysts forecast the Global Asphalt Market to grow at a CAGR of 4.22% during the period 2018-2022.

Covered in this report
The report covers the present scenario and the growth prospects of the asphalt market. To calculate the market size, the report considers the revenue generated from the sales of asphalt.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, asphalt market 2018-2022, 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.

Key vendors
• BP
• CEMEX
• Exxon Mobil Corporation
• Imperial Oil
• Owens Corning
• Shell International
• Total


Market driver
• Developments in the roadways sector in China and India
• For a full, detailed list, view our report
Market challenge
• Volatility in raw material prices
• For a full, detailed list, view our report

Market trend
• Emergence of new bitumen refinery plants
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2022 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?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.