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Global Asphalt Concrete Market Research Report 2025(Status and Outlook)

Publisher Bosson Research
Published Aug 26, 2025
Length 136 Pages
SKU # BOSS20357426

Description

Report Overview

Asphalt concrete, commonly referred to as asphalt or blacktop, is a composite material used extensively in road construction, parking lots, and other paved surfaces. It consists of mineral aggregates (such as crushed stone, sand, or gravel) bound together with bitumen, a viscous petroleum-based binder. The material is prized for its durability, weather resistance, and ability to withstand heavy traffic loads, making it the preferred choice for infrastructure projects worldwide. Its composition can be adjusted to meet specific performance requirements, including varying load capacities, climate conditions, and noise reduction needs. The production process involves heating and mixing the aggregates with bitumen before laying and compacting the mixture to form a smooth, long-lasting surface. Recent innovations include warm-mix asphalt (reducing energy consumption) and recycled asphalt pavement (RAP), which enhance sustainability. The market demand for asphalt concrete is closely tied to infrastructure development, urbanization trends, and government spending on transportation networks.

The global Asphalt Concrete market size was estimated at USD 2002.2 million in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 3.50% during the forecast period.

This report offers a comprehensive and in-depth analysis of the global Asphalt Concrete market, covering all critical facets from a broad macroeconomic overview to detailed micro-level insights. It examines market size, competitive landscape, emerging development trends, niche segments, key drivers and challenges, as well as conducts SWOT and value chain analyses.

The insights provided enable readers to understand the competitive dynamics within the industry and formulate effective strategies to enhance profitability and market positioning. Additionally, the report presents a clear framework for evaluating the current status and future outlook of business organizations operating in this sector.

A significant focus of this report lies in the competitive landscape of the global Asphalt Concrete market. It offers detailed profiles of major players, including their market shares, performance metrics, product portfolios, and operational status. This enables stakeholders to identify leading competitors and gain a nuanced understanding of market rivalry and structure.

In summary, this report serves as an essential resource for industry participants, investors, researchers, consultants, and business strategists, as well as anyone planning to enter or expand their presence in the Asphalt Concrete market.

Global Asphalt Concrete Market: Market Segmentation Analysis

This research report provides a detailed segmentation of the market by region (country), key manufacturers, product type, and application. Market segmentation divides the overall market into distinct subsets based on factors such as product categories, end-user industries, geographic locations, and other relevant criteria.

A clear understanding of these market segments enables decision-makers to tailor their product development, sales, and marketing strategies more effectively to meet the unique needs of each segment. Leveraging market segmentation insights can significantly enhance targeted approaches, optimize resource allocation, and accelerate product innovation cycles by aligning offerings with the specific demands of diverse customer groups.

Key Company

McAsphalt

CEMEX

Kilsaran

Lagan Group

Coldec Group

The Gorman Group

Zeon Corporation

Teichert

Market Segmentation (by Type)

Engineered Asphalt Concrete

Hot-mixed Asphalt Concrete

Specialty Asphalt Concrete

Market Segmentation (by Application)

Surface for Roads

Streets

Airport Runways

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Asphalt Concrete Market

Overview of the regional outlook of the Asphalt Concrete Market:

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Asphalt Concrete Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 shares the main producing countries of Asphalt Concrete, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.

Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.

Chapter 13 is the main points and conclusions of the report.

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

Table of Contents

136 Pages
1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Asphalt Concrete
1.2 Key Market Segments
1.2.1 Asphalt Concrete Segment by Type
1.2.2 Asphalt Concrete Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Asphalt Concrete Market Overview
2.1 Global Market Overview
2.1.1 Global Asphalt Concrete Market Size (M USD) Estimates and Forecasts (2020-2033)
2.1.2 Global Asphalt Concrete Sales Estimates and Forecasts (2020-2033)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Asphalt Concrete Market Competitive Landscape
3.1 Company Assessment Quadrant
3.2 Global Asphalt Concrete Product Life Cycle
3.3 Global Asphalt Concrete Sales by Manufacturers (2020-2025)
3.4 Global Asphalt Concrete Revenue Market Share by Manufacturers (2020-2025)
3.5 Asphalt Concrete Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.6 Global Asphalt Concrete Average Price by Manufacturers (2020-2025)
3.7 Manufacturers’ Manufacturing Sites, Areas Served, and Product Types
3.8 Asphalt Concrete Market Competitive Situation and Trends
3.8.1 Asphalt Concrete Market Concentration Rate
3.8.2 Global 5 and 10 Largest Asphalt Concrete Players Market Share by Revenue
3.8.3 Mergers & Acquisitions, Expansion
4 Asphalt Concrete Industry Chain Analysis
4.1 Asphalt Concrete Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Asphalt Concrete Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Industry News
5.4.1 New Product Developments
5.4.2 Mergers & Acquisitions
5.4.3 Expansions
5.4.4 Collaboration/Supply Contracts
5.5 PEST Analysis
5.5.1 Industry Policies Analysis
5.5.2 Economic Environment Analysis
5.5.3 Social Environment Analysis
5.5.4 Technological Environment Analysis
5.6 Global Asphalt Concrete Market Porter's Five Forces Analysis
5.6.1 Global Trade Frictions
5.6.2 U.S. Tariff Policy – April 2025
5.6.3 Global Trade Frictions and Their Impacts to Asphalt Concrete Market
5.7 ESG Ratings of Leading Companies
6 Asphalt Concrete Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Asphalt Concrete Sales Market Share by Type (2020-2025)
6.3 Global Asphalt Concrete Market Size Market Share by Type (2020-2025)
6.4 Global Asphalt Concrete Price by Type (2020-2025)
7 Asphalt Concrete Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Asphalt Concrete Market Sales by Application (2020-2025)
7.3 Global Asphalt Concrete Market Size (M USD) by Application (2020-2025)
7.4 Global Asphalt Concrete Sales Growth Rate by Application (2020-2025)
8 Asphalt Concrete Market Sales by Region
8.1 Global Asphalt Concrete Sales by Region
8.1.1 Global Asphalt Concrete Sales by Region
8.1.2 Global Asphalt Concrete Sales Market Share by Region
8.2 Global Asphalt Concrete Market Size by Region
8.2.1 Global Asphalt Concrete Market Size by Region
8.2.2 Global Asphalt Concrete Market Size Market Share by Region
8.3 North America
8.3.1 North America Asphalt Concrete Sales by Country
8.3.2 North America Asphalt Concrete Market Size by Country
8.3.3 U.S. Market Overview
8.3.4 Canada Market Overview
8.3.5 Mexico Market Overview
8.4 Europe
8.4.1 Europe Asphalt Concrete Sales by Country
8.4.2 Europe Asphalt Concrete Market Size by Country
8.4.3 Germany Market Overview
8.4.4 France Market Overview
8.4.5 U.K. Market Overview
8.4.6 Italy Market Overview
8.4.7 Spain Market Overview
8.5 Asia Pacific
8.5.1 Asia Pacific Asphalt Concrete Sales by Region
8.5.2 Asia Pacific Asphalt Concrete Market Size by Region
8.5.3 China Market Overview
8.5.4 Japan Market Overview
8.5.5 South Korea Market Overview
8.5.6 India Market Overview
8.5.7 Southeast Asia Market Overview
8.6 South America
8.6.1 South America Asphalt Concrete Sales by Country
8.6.2 South America Asphalt Concrete Market Size by Country
8.6.3 Brazil Market Overview
8.6.4 Argentina Market Overview
8.6.5 Columbia Market Overview
8.7 Middle East and Africa
8.7.1 Middle East and Africa Asphalt Concrete Sales by Region
8.7.2 Middle East and Africa Asphalt Concrete Market Size by Region
8.7.3 Saudi Arabia Market Overview
8.7.4 UAE Market Overview
8.7.5 Egypt Market Overview
8.7.6 Nigeria Market Overview
8.7.7 South Africa Market Overview
9 Asphalt Concrete Market Production by Region
9.1 Global Production of Asphalt Concrete by Region(2020-2025)
9.2 Global Asphalt Concrete Revenue Market Share by Region (2020-2025)
9.3 Global Asphalt Concrete Production, Revenue, Price and Gross Margin (2020-2025)
9.4 North America Asphalt Concrete Production
9.4.1 North America Asphalt Concrete Production Growth Rate (2020-2025)
9.4.2 North America Asphalt Concrete Production, Revenue, Price and Gross Margin (2020-2025)
9.5 Europe Asphalt Concrete Production
9.5.1 Europe Asphalt Concrete Production Growth Rate (2020-2025)
9.5.2 Europe Asphalt Concrete Production, Revenue, Price and Gross Margin (2020-2025)
9.6 Japan Asphalt Concrete Production (2020-2025)
9.6.1 Japan Asphalt Concrete Production Growth Rate (2020-2025)
9.6.2 Japan Asphalt Concrete Production, Revenue, Price and Gross Margin (2020-2025)
9.7 China Asphalt Concrete Production (2020-2025)
9.7.1 China Asphalt Concrete Production Growth Rate (2020-2025)
9.7.2 China Asphalt Concrete Production, Revenue, Price and Gross Margin (2020-2025)
10 Key Companies Profile
10.1 McAsphalt
10.1.1 McAsphalt Basic Information
10.1.2 McAsphalt Asphalt Concrete Product Overview
10.1.3 McAsphalt Asphalt Concrete Product Market Performance
10.1.4 McAsphalt Business Overview
10.1.5 McAsphalt SWOT Analysis
10.1.6 McAsphalt Recent Developments
10.2 CEMEX
10.2.1 CEMEX Basic Information
10.2.2 CEMEX Asphalt Concrete Product Overview
10.2.3 CEMEX Asphalt Concrete Product Market Performance
10.2.4 CEMEX Business Overview
10.2.5 CEMEX SWOT Analysis
10.2.6 CEMEX Recent Developments
10.3 Kilsaran
10.3.1 Kilsaran Basic Information
10.3.2 Kilsaran Asphalt Concrete Product Overview
10.3.3 Kilsaran Asphalt Concrete Product Market Performance
10.3.4 Kilsaran Business Overview
10.3.5 Kilsaran SWOT Analysis
10.3.6 Kilsaran Recent Developments
10.4 Lagan Group
10.4.1 Lagan Group Basic Information
10.4.2 Lagan Group Asphalt Concrete Product Overview
10.4.3 Lagan Group Asphalt Concrete Product Market Performance
10.4.4 Lagan Group Business Overview
10.4.5 Lagan Group Recent Developments
10.5 Coldec Group
10.5.1 Coldec Group Basic Information
10.5.2 Coldec Group Asphalt Concrete Product Overview
10.5.3 Coldec Group Asphalt Concrete Product Market Performance
10.5.4 Coldec Group Business Overview
10.5.5 Coldec Group Recent Developments
10.6 The Gorman Group
10.6.1 The Gorman Group Basic Information
10.6.2 The Gorman Group Asphalt Concrete Product Overview
10.6.3 The Gorman Group Asphalt Concrete Product Market Performance
10.6.4 The Gorman Group Business Overview
10.6.5 The Gorman Group Recent Developments
10.7 Zeon Corporation
10.7.1 Zeon Corporation Basic Information
10.7.2 Zeon Corporation Asphalt Concrete Product Overview
10.7.3 Zeon Corporation Asphalt Concrete Product Market Performance
10.7.4 Zeon Corporation Business Overview
10.7.5 Zeon Corporation Recent Developments
10.8 Teichert
10.8.1 Teichert Basic Information
10.8.2 Teichert Asphalt Concrete Product Overview
10.8.3 Teichert Asphalt Concrete Product Market Performance
10.8.4 Teichert Business Overview
10.8.5 Teichert Recent Developments
11 Asphalt Concrete Market Forecast by Region
11.1 Global Asphalt Concrete Market Size Forecast
11.2 Global Asphalt Concrete Market Forecast by Region
11.2.1 North America Market Size Forecast by Country
11.2.2 Europe Asphalt Concrete Market Size Forecast by Country
11.2.3 Asia Pacific Asphalt Concrete Market Size Forecast by Region
11.2.4 South America Asphalt Concrete Market Size Forecast by Country
11.2.5 Middle East and Africa Forecasted Sales of Asphalt Concrete by Country
12 Forecast Market by Type and by Application (2026-2033)
12.1 Global Asphalt Concrete Market Forecast by Type (2026-2033)
12.1.1 Global Forecasted Sales of Asphalt Concrete by Type (2026-2033)
12.1.2 Global Asphalt Concrete Market Size Forecast by Type (2026-2033)
12.1.3 Global Forecasted Price of Asphalt Concrete by Type (2026-2033)
12.2 Global Asphalt Concrete Market Forecast by Application (2026-2033)
12.2.1 Global Asphalt Concrete Sales (K MT) Forecast by Application
12.2.2 Global Asphalt Concrete Market Size (M USD) Forecast by Application (2026-2033)
13 Conclusion and Key Findings
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