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Global Asphalt Plant Market Size study, by Capacity (Below 240t/h, 240t/h-320t/h, Above320t/h), by Application (Road Construction, Other Application) and Regional Forecasts 2020-2027

ID : 63170 Date : Apr 2021 Pages : 200 Pages Publisher : BRCLLP Industry : Construction and Manufacturing

Global Asphalt Plant Market is valued at approximately USD 2.05 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 2.0% over the forecast period 2020-2027. Asphalt is an essential concrete used in construction of roads, railway tracks, parking areas, ports, sidewalks and others. The material is usually made of various mixtures of aggregates such as binder and filler which is efficiently produced with the help of asphalt plants machineries and equipment. Thus, manufacturers requiring an asphalt plant, which is a sort of machinery that is can produce hot mix asphalt HMA. It uses aggregates, bitumen, sand, and filler material in specific proportion to manufacture HMA, also known as asphalt concrete or blacktop. Preference towards the adoption of the asphalt plant is growing since it is the ideal development hardware used in road development and other construction ventures, as it provides lower installation costs and can be easily ported at construction sites. Therefore, this factor may strengthen the adoption for asphalt plant market across the globe. Moreover, the rise in infrastructural construction projects, along with the growing crude oil production around the world are the few factors responsible for the CAGR of the market during the forecast period. According to the Institution of Civil Engineer ICE has forecasted that the volume of construction output would grow by 85% to USD 15.5 trillion worldwide by 2030. This growth is mainly driven by three countries: China, India and the United States by contributing 57% share to the growth of the construction sector worldwide. This, in turn, is likely to strengthen the demand for Asphalt Plant, thereby contributing to the market growth around the world. However, the growing health concerns due to the emission exposure from asphalt plant is one of the factors that restraining the market growth over the forecast period of 2020-2027.

The regional analysis of the global Asphalt Plant market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia-Pacific is the leading/significant region across the world in terms of market share owing to the rising road construction activities, along with the significant presence of market vendors in the region. Whereas Asia-Pacific is also anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027, owing to the government support for infrastructural activities in the developing nations, such as China and India.

Major market player included in this report are:
Tietuo Machinery

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Capacity:
Below 240t/h

By Application:
Road Construction
Other Application

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Asphalt Plant Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers VARs
Third-party knowledge providers
Investment bankers
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 USD Billion
1.2.1. Asphalt Plant Market, by Region, 2018-2027 USD Billion
1.2.2. Asphalt Plant Market, by Capacity, 2018-2027 USD Billion
1.2.3. Asphalt Plant Market, by Application, 2018-2027 USD Billion
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Asphalt Plant Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Asphalt Plant Market Dynamics
3.1. Asphalt Plant Market Impact Analysis 2018-2027
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Asphalt Plant Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model 2017-2027
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Asphalt Plant Market, by Capacity
5.1. Market Snapshot
5.2. Global Asphalt Plant Market by Capacity, Performance - Potential Analysis
5.3. Global Asphalt Plant Market Estimates & Forecasts by Capacity 2017-2027 USD Billion
5.4. Asphalt Plant Market, Sub Segment Analysis
5.4.1. Below 240t/h
5.4.2. 240t/h-320t/h
5.4.3. Above320t/h
Chapter 6. Global Asphalt Plant Market, by Application
6.1. Market Snapshot
6.2. Global Asphalt Plant Market by Application, Performance - Potential Analysis
6.3. Global Asphalt Plant Market Estimates & Forecasts by Application 2017-2027 USD Billion
6.4. Asphalt Plant Market, Sub Segment Analysis
6.4.1. Road Construction
6.4.2. Other Application
Chapter 7. Global Asphalt Plant Market, Regional Analysis
7.1. Asphalt Plant Market, Regional Market Snapshot
7.2. North America Asphalt Plant Market
7.2.1. U.S. Asphalt Plant Market Capacity breakdown estimates & forecasts, 2017-2027 Application breakdown estimates & forecasts, 2017-2027
7.2.2. Canada Asphalt Plant Market
7.3. Europe Asphalt Plant Market Snapshot
7.3.1. U.K. Asphalt Plant Market
7.3.2. Germany Asphalt Plant Market
7.3.3. France Asphalt Plant Market
7.3.4. Spain Asphalt Plant Market
7.3.5. Italy Asphalt Plant Market
7.3.6. Rest of Europe Asphalt Plant Market
7.4. Asia-Pacific Asphalt Plant Market Snapshot
7.4.1. China Asphalt Plant Market
7.4.2. India Asphalt Plant Market
7.4.3. Japan Asphalt Plant Market
7.4.4. Australia Asphalt Plant Market
7.4.5. South Korea Asphalt Plant Market
7.4.6. Rest of Asia Pacific Asphalt Plant Market
7.5. Latin America Asphalt Plant Market Snapshot
7.5.1. Brazil Asphalt Plant Market
7.5.2. Mexico Asphalt Plant Market
7.6. Rest of The World Asphalt Plant Market
Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. MARINI Key Information Overview Financial Subject to Data Availability Product Summary Recent Developments
8.2.2. Ammann
8.2.3. Lintec
8.2.4. Wirtgen
8.2.5. Astec
8.2.6. Nikko
8.2.7. Sany
8.2.8. Tietuo Machinery
8.2.9. XRMC
8.2.10. Roady
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption
List of figures
FIG 1. Global Asphalt Plant market, research methodology
FIG 2. Global Asphalt Plant market, market estimation techniques
FIG 3. Global market size estimates & forecast methods
FIG 4. Global Asphalt Plant market, key trends 2019
FIG 5. Global Asphalt Plant market, growth prospects 2020-2027
FIG 6. Global Asphalt Plant market, porters 5 force model
FIG 7. Global Asphalt Plant market, pest analysis
FIG 8. Global Asphalt Plant market, value chain analysis
FIG 9. Global Asphalt Plant market by segment, 2017 & 2027 USD Billion
FIG 10. Global Asphalt Plant market by segment, 2017 & 2027 USD Billion
FIG 11. Global Asphalt Plant market by segment, 2017 & 2027 USD Billion
FIG 12. Global Asphalt Plant market by segment, 2017 & 2027 USD Billion
FIG 13. Global Asphalt Plant market by segment, 2017 & 2027 USD Billion
FIG 14. Global Asphalt Plant market by segment, 2017 & 2027 USD Billion
FIG 15. Global Asphalt Plant market by segment, 2017 & 2027 USD Billion
FIG 16. Global Asphalt Plant market by segment, 2017 & 2027 USD Billion
FIG 17. Global Asphalt Plant market, regional snapshot 2017 & 2027
FIG 18. North America Asphalt Plant market 2017 & 2027 USD Billion
FIG 19. Europe Asphalt Plant market 2017 & 2027 USD Billion
FIG 20. Asia-Pacific Asphalt Plant market 2017 & 2027 USD Billion
FIG 21. Latin America Asphalt Plant market 2017 & 2027 USD Billion
FIG 22. Global Asphalt Plant market, company market share analysis 2019



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