Abstract
Summary
LPI (LP Information)' newest research report, the “Road Asphalt Industry Forecast” looks at past sales and reviews total world Road Asphalt sales in 2022, providing a comprehensive analysis by region and market sector of projected Road Asphalt sales for 2023 through 2029. With Road Asphalt sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Road Asphalt industry.
This Insight Report provides a comprehensive analysis of the global Road Asphalt landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Road Asphalt portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Road Asphalt market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Road Asphalt and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Road Asphalt.
The global Road Asphalt market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Road Asphalt is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Road Asphalt is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Road Asphalt is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Road Asphalt players cover CNPC, SINOPEC, CNOOC, Rosneft Oil, Gazprom Neft, Lukoil, BPCL, IOCL and HPCL, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Road Asphalt market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Petroleum Asphalt
Natural Asphalt
Segmentation by application
Ordinary Road
Highway
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
CNPC
SINOPEC
CNOOC
Rosneft Oil
Gazprom Neft
Lukoil
BPCL
IOCL
HPCL
SK
S-Oil
Shell
Exxon Mobil
Pertamina
TIPCO
LOTOS
Marathon Oil
KoçHolding
CRH
Nynas
ConocoPhillips
Suncor Energy
POC
Petrobrás
NuStar Energy
Valero Energy
Pemex
Cepsa
Husky Energy
Total
Key Questions Addressed in this Report
What is the 10-year outlook for the global Road Asphalt market?
What factors are driving Road Asphalt market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Road Asphalt market opportunities vary by end market size?
How does Road Asphalt break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
This Insight Report provides a comprehensive analysis of the global Road Asphalt landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Road Asphalt portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Road Asphalt market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Road Asphalt and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Road Asphalt.
The global Road Asphalt market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Road Asphalt is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Road Asphalt is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Road Asphalt is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Road Asphalt players cover CNPC, SINOPEC, CNOOC, Rosneft Oil, Gazprom Neft, Lukoil, BPCL, IOCL and HPCL, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Road Asphalt market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Petroleum Asphalt
Natural Asphalt
Segmentation by application
Ordinary Road
Highway
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
CNPC
SINOPEC
CNOOC
Rosneft Oil
Gazprom Neft
Lukoil
BPCL
IOCL
HPCL
SK
S-Oil
Shell
Exxon Mobil
Pertamina
TIPCO
LOTOS
Marathon Oil
KoçHolding
CRH
Nynas
ConocoPhillips
Suncor Energy
POC
Petrobrás
NuStar Energy
Valero Energy
Pemex
Cepsa
Husky Energy
Total
Key Questions Addressed in this Report
What is the 10-year outlook for the global Road Asphalt market?
What factors are driving Road Asphalt market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Road Asphalt market opportunities vary by end market size?
How does Road Asphalt break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Road Asphalt Annual Sales 2018-2029
2.1.2 World Current & Future Analysis for Road Asphalt by Geographic Region, 2018, 2022 & 2029
2.1.3 World Current & Future Analysis for Road Asphalt by Country/Region, 2018, 2022 & 2029
2.2 Road Asphalt Segment by Type
2.2.1 Petroleum Asphalt
2.2.2 Natural Asphalt
2.3 Road Asphalt Sales by Type
2.3.1 Global Road Asphalt Sales Market Share by Type (2018-2023)
2.3.2 Global Road Asphalt Revenue and Market Share by Type (2018-2023)
2.3.3 Global Road Asphalt Sale Price by Type (2018-2023)
2.4 Road Asphalt Segment by Application
2.4.1 Ordinary Road
2.4.2 Highway
2.5 Road Asphalt Sales by Application
2.5.1 Global Road Asphalt Sale Market Share by Application (2018-2023)
2.5.2 Global Road Asphalt Revenue and Market Share by Application (2018-2023)
2.5.3 Global Road Asphalt Sale Price by Application (2018-2023)
3 Global Road Asphalt by Company
3.1 Global Road Asphalt Breakdown Data by Company
3.1.1 Global Road Asphalt Annual Sales by Company (2018-2023)
3.1.2 Global Road Asphalt Sales Market Share by Company (2018-2023)
3.2 Global Road Asphalt Annual Revenue by Company (2018-2023)
3.2.1 Global Road Asphalt Revenue by Company (2018-2023)
3.2.2 Global Road Asphalt Revenue Market Share by Company (2018-2023)
3.3 Global Road Asphalt Sale Price by Company
3.4 Key Manufacturers Road Asphalt Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Road Asphalt Product Location Distribution
3.4.2 Players Road Asphalt Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2018-2023)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Road Asphalt by Geographic Region
4.1 World Historic Road Asphalt Market Size by Geographic Region (2018-2023)
4.1.1 Global Road Asphalt Annual Sales by Geographic Region (2018-2023)
4.1.2 Global Road Asphalt Annual Revenue by Geographic Region (2018-2023)
4.2 World Historic Road Asphalt Market Size by Country/Region (2018-2023)
4.2.1 Global Road Asphalt Annual Sales by Country/Region (2018-2023)
4.2.2 Global Road Asphalt Annual Revenue by Country/Region (2018-2023)
4.3 Americas Road Asphalt Sales Growth
4.4 APAC Road Asphalt Sales Growth
4.5 Europe Road Asphalt Sales Growth
4.6 Middle East & Africa Road Asphalt Sales Growth
5 Americas
5.1 Americas Road Asphalt Sales by Country
5.1.1 Americas Road Asphalt Sales by Country (2018-2023)
5.1.2 Americas Road Asphalt Revenue by Country (2018-2023)
5.2 Americas Road Asphalt Sales by Type
5.3 Americas Road Asphalt Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Road Asphalt Sales by Region
6.1.1 APAC Road Asphalt Sales by Region (2018-2023)
6.1.2 APAC Road Asphalt Revenue by Region (2018-2023)
6.2 APAC Road Asphalt Sales by Type
6.3 APAC Road Asphalt Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Road Asphalt by Country
7.1.1 Europe Road Asphalt Sales by Country (2018-2023)
7.1.2 Europe Road Asphalt Revenue by Country (2018-2023)
7.2 Europe Road Asphalt Sales by Type
7.3 Europe Road Asphalt Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Road Asphalt by Country
8.1.1 Middle East & Africa Road Asphalt Sales by Country (2018-2023)
8.1.2 Middle East & Africa Road Asphalt Revenue by Country (2018-2023)
8.2 Middle East & Africa Road Asphalt Sales by Type
8.3 Middle East & Africa Road Asphalt Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Road Asphalt
10.3 Manufacturing Process Analysis of Road Asphalt
10.4 Industry Chain Structure of Road Asphalt
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Road Asphalt Distributors
11.3 Road Asphalt Customer
12 World Forecast Review for Road Asphalt by Geographic Region
12.1 Global Road Asphalt Market Size Forecast by Region
12.1.1 Global Road Asphalt Forecast by Region (2024-2029)
12.1.2 Global Road Asphalt Annual Revenue Forecast by Region (2024-2029)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Road Asphalt Forecast by Type
12.7 Global Road Asphalt Forecast by Application
13 Key Players Analysis
13.1 CNPC
13.1.1 CNPC Company Information
13.1.2 CNPC Road Asphalt Product Portfolios and Specifications
13.1.3 CNPC Road Asphalt Sales, Revenue, Price and Gross Margin (2018-2023)
13.1.4 CNPC Main Business Overview
13.1.5 CNPC Latest Developments
13.2 SINOPEC
13.2.1 SINOPEC Company Information
13.2.2 SINOPEC Road Asphalt Product Portfolios and Specifications
13.2.3 SINOPEC Road Asphalt Sales, Revenue, Price and Gross Margin (2018-2023)
13.2.4 SINOPEC Main Business Overview
13.2.5 SINOPEC Latest Developments
13.3 CNOOC
13.3.1 CNOOC Company Information
13.3.2 CNOOC Road Asphalt Product Portfolios and Specifications
13.3.3 CNOOC Road Asphalt Sales, Revenue, Price and Gross Margin (2018-2023)
13.3.4 CNOOC Main Business Overview
13.3.5 CNOOC Latest Developments
13.4 Rosneft Oil
13.4.1 Rosneft Oil Company Information
13.4.2 Rosneft Oil Road Asphalt Product Portfolios and Specifications
13.4.3 Rosneft Oil Road Asphalt Sales, Revenue, Price and Gross Margin (2018-2023)
13.4.4 Rosneft Oil Main Business Overview
13.4.5 Rosneft Oil Latest Developments
13.5 Gazprom Neft
13.5.1 Gazprom Neft Company Information
13.5.2 Gazprom Neft Road Asphalt Product Portfolios and Specifications
13.5.3 Gazprom Neft Road Asphalt Sales, Revenue, Price and Gross Margin (2018-2023)
13.5.4 Gazprom Neft Main Business Overview
13.5.5 Gazprom Neft Latest Developments
13.6 Lukoil
13.6.1 Lukoil Company Information
13.6.2 Lukoil Road Asphalt Product Portfolios and Specifications
13.6.3 Lukoil Road Asphalt Sales, Revenue, Price and Gross Margin (2018-2023)
13.6.4 Lukoil Main Business Overview
13.6.5 Lukoil Latest Developments
13.7 BPCL
13.7.1 BPCL Company Information
13.7.2 BPCL Road Asphalt Product Portfolios and Specifications
13.7.3 BPCL Road Asphalt Sales, Revenue, Price and Gross Margin (2018-2023)
13.7.4 BPCL Main Business Overview
13.7.5 BPCL Latest Developments
13.8 IOCL
13.8.1 IOCL Company Information
13.8.2 IOCL Road Asphalt Product Portfolios and Specifications
13.8.3 IOCL Road Asphalt Sales, Revenue, Price and Gross Margin (2018-2023)
13.8.4 IOCL Main Business Overview
13.8.5 IOCL Latest Developments
13.9 HPCL
13.9.1 HPCL Company Information
13.9.2 HPCL Road Asphalt Product Portfolios and Specifications
13.9.3 HPCL Road Asphalt Sales, Revenue, Price and Gross Margin (2018-2023)
13.9.4 HPCL Main Business Overview
13.9.5 HPCL Latest Developments
13.10 SK
13.10.1 SK Company Information
13.10.2 SK Road Asphalt Product Portfolios and Specifications
13.10.3 SK Road Asphalt Sales, Revenue, Price and Gross Margin (2018-2023)
13.10.4 SK Main Business Overview
13.10.5 SK Latest Developments
13.11 S-Oil
13.11.1 S-Oil Company Information
13.11.2 S-Oil Road Asphalt Product Portfolios and Specifications
13.11.3 S-Oil Road Asphalt Sales, Revenue, Price and Gross Margin (2018-2023)
13.11.4 S-Oil Main Business Overview
13.11.5 S-Oil Latest Developments
13.12 Shell
13.12.1 Shell Company Information
13.12.2 Shell Road Asphalt Product Portfolios and Specifications
13.12.3 Shell Road Asphalt Sales, Revenue, Price and Gross Margin (2018-2023)
13.12.4 Shell Main Business Overview
13.12.5 Shell Latest Developments
13.13 Exxon Mobil
13.13.1 Exxon Mobil Company Information
13.13.2 Exxon Mobil Road Asphalt Product Portfolios and Specifications
13.13.3 Exxon Mobil Road Asphalt Sales, Revenue, Price and Gross Margin (2018-2023)
13.13.4 Exxon Mobil Main Business Overview
13.13.5 Exxon Mobil Latest Developments
13.14 Pertamina
13.14.1 Pertamina Company Information
13.14.2 Pertamina Road Asphalt Product Portfolios and Specifications
13.14.3 Pertamina Road Asphalt Sales, Revenue, Price and Gross Margin (2018-2023)
13.14.4 Pertamina Main Business Overview
13.14.5 Pertamina Latest Developments
13.15 TIPCO
13.15.1 TIPCO Company Information
13.15.2 TIPCO Road Asphalt Product Portfolios and Specifications
13.15.3 TIPCO Road Asphalt Sales, Revenue, Price and Gross Margin (2018-2023)
13.15.4 TIPCO Main Business Overview
13.15.5 TIPCO Latest Developments
13.16 LOTOS
13.16.1 LOTOS Company Information
13.16.2 LOTOS Road Asphalt Product Portfolios and Specifications
13.16.3 LOTOS Road Asphalt Sales, Revenue, Price and Gross Margin (2018-2023)
13.16.4 LOTOS Main Business Overview
13.16.5 LOTOS Latest Developments
13.17 Marathon Oil
13.17.1 Marathon Oil Company Information
13.17.2 Marathon Oil Road Asphalt Product Portfolios and Specifications
13.17.3 Marathon Oil Road Asphalt Sales, Revenue, Price and Gross Margin (2018-2023)
13.17.4 Marathon Oil Main Business Overview
13.17.5 Marathon Oil Latest Developments
13.18 KoçHolding
13.18.1 KoçHolding Company Information
13.18.2 KoçHolding Road Asphalt Product Portfolios and Specifications
13.18.3 KoçHolding Road Asphalt Sales, Revenue, Price and Gross Margin (2018-2023)
13.18.4 KoçHolding Main Business Overview
13.18.5 KoçHolding Latest Developments
13.19 CRH
13.19.1 CRH Company Information
13.19.2 CRH Road Asphalt Product Portfolios and Specifications
13.19.3 CRH Road Asphalt Sales, Revenue, Price and Gross Margin (2018-2023)
13.19.4 CRH Main Business Overview
13.19.5 CRH Latest Developments
13.20 Nynas
13.20.1 Nynas Company Information
13.20.2 Nynas Road Asphalt Product Portfolios and Specifications
13.20.3 Nynas Road Asphalt Sales, Revenue, Price and Gross Margin (2018-2023)
13.20.4 Nynas Main Business Overview
13.20.5 Nynas Latest Developments
13.21 ConocoPhillips
13.21.1 ConocoPhillips Company Information
13.21.2 ConocoPhillips Road Asphalt Product Portfolios and Specifications
13.21.3 ConocoPhillips Road Asphalt Sales, Revenue, Price and Gross Margin (2018-2023)
13.21.4 ConocoPhillips Main Business Overview
13.21.5 ConocoPhillips Latest Developments
13.22 Suncor Energy
13.22.1 Suncor Energy Company Information
13.22.2 Suncor Energy Road Asphalt Product Portfolios and Specifications
13.22.3 Suncor Energy Road Asphalt Sales, Revenue, Price and Gross Margin (2018-2023)
13.22.4 Suncor Energy Main Business Overview
13.22.5 Suncor Energy Latest Developments
13.23 POC
13.23.1 POC Company Information
13.23.2 POC Road Asphalt Product Portfolios and Specifications
13.23.3 POC Road Asphalt Sales, Revenue, Price and Gross Margin (2018-2023)
13.23.4 POC Main Business Overview
13.23.5 POC Latest Developments
13.24 Petrobrás
13.24.1 Petrobrás Company Information
13.24.2 Petrobrás Road Asphalt Product Portfolios and Specifications
13.24.3 Petrobrás Road Asphalt Sales, Revenue, Price and Gross Margin (2018-2023)
13.24.4 Petrobrás Main Business Overview
13.24.5 Petrobrás Latest Developments
13.25 NuStar Energy
13.25.1 NuStar Energy Company Information
13.25.2 NuStar Energy Road Asphalt Product Portfolios and Specifications
13.25.3 NuStar Energy Road Asphalt Sales, Revenue, Price and Gross Margin (2018-2023)
13.25.4 NuStar Energy Main Business Overview
13.25.5 NuStar Energy Latest Developments
13.26 Valero Energy
13.26.1 Valero Energy Company Information
13.26.2 Valero Energy Road Asphalt Product Portfolios and Specifications
13.26.3 Valero Energy Road Asphalt Sales, Revenue, Price and Gross Margin (2018-2023)
13.26.4 Valero Energy Main Business Overview
13.26.5 Valero Energy Latest Developments
13.27 Pemex
13.27.1 Pemex Company Information
13.27.2 Pemex Road Asphalt Product Portfolios and Specifications
13.27.3 Pemex Road Asphalt Sales, Revenue, Price and Gross Margin (2018-2023)
13.27.4 Pemex Main Business Overview
13.27.5 Pemex Latest Developments
13.28 Cepsa
13.28.1 Cepsa Company Information
13.28.2 Cepsa Road Asphalt Product Portfolios and Specifications
13.28.3 Cepsa Road Asphalt Sales, Revenue, Price and Gross Margin (2018-2023)
13.28.4 Cepsa Main Business Overview
13.28.5 Cepsa Latest Developments
13.29 Husky Energy
13.29.1 Husky Energy Company Information
13.29.2 Husky Energy Road Asphalt Product Portfolios and Specifications
13.29.3 Husky Energy Road Asphalt Sales, Revenue, Price and Gross Margin (2018-2023)
13.29.4 Husky Energy Main Business Overview
13.29.5 Husky Energy Latest Developments
13.30 Total
13.30.1 Total Company Information
13.30.2 Total Road Asphalt Product Portfolios and Specifications
13.30.3 Total Road Asphalt Sales, Revenue, Price and Gross Margin (2018-2023)
13.30.4 Total Main Business Overview
13.30.5 Total Latest Developments
14 Research Findings and Conclusion