Asphalt Manufacturing in the US - Industry Market Research Report

Asphalt Manufacturing in the US - Industry Market Research Report

Asphalt Manufacturing in the US

The Asphalt Manufacturing industry's performance closely follows developments in construction and road infrastructure building. The construction section has recovered over the five years to 2019. However, volatile input prices have caused top-line selling prices to remain inconsistent over the past five years. This trend has led to revenue declines for industry operators during the first half of the current period. The industry is expected to expand over the five years to 2024. Government funding for highways is anticipated to increase as improvements in state and local government budgets expand tax revenue available for investment in road infrastructure. At the same time, residential and nonresidential construction activity are both projected to grow.

Industry operators manufacture paving and roofing materials, including asphalt and tar-paving mixtures and blocks, shingles, roofing cements and coatings. These products are produced from purchased asphaltic materials, paper mats and felts. Operators do not refine the crude petroleum or produce the paper mats and felts that comprise industry products. Companies that conduct such services are included in the Petroleum Refining (IBISWorld report 32411) and Paper Mills (32212) industries.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.


TABLE OF CONTENTS

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

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