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?

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