
UK Asphalt Market Research Report Information By Product Type (Paving, Roofing, and Others) By Mixture Type (Hot Mix Asphalt (HMA), Warm Mix Asphalt (WMA), Cold Mix Asphalt (CMA)) By Application (Roadways, Waterproofing, Recreation, and Others) UK Industr
Description
The size of the UK asphalt market was estimated at USD 8,902.3 million in 2024, up from USD 8,742.0 million in 2023. The asphalt market is expected to expand at a compound annual growth rate (CAGR) of 6.3% from 2024 to 2032, reaching USD 14,565.4 million.
Roads, highways, and other infrastructure are paved with asphalt, a composite material. It is a blend of bitumen, which makes up around 5% of the content, and aggregates, which usually make up 95%. While bitumen is a thick, black liquid made from petroleum, the aggregates are usually crushed stone, gravel, or sand. To make mixing easier and enhance the asphalt's overall performance, the mixture of these two ingredients is heated to about 120 degrees Celsius (248 degrees Fahrenheit).
While bitumen serves as a binding agent, keeping the aggregates together and enabling the asphalt to stick to the underlying surface, the aggregates in asphalt give the material solidity and structural integrity. Additionally, the bitumen keeps the pebbles from moving or separating, guaranteeing a level and long-lasting surface. In order to keep asphalt from cooling and hardening too soon, it is usually transported to building sites in insulated vans. This guarantees effective asphalt laying and compacting, producing a high-quality finish. To get the required thickness and density, the asphalt is next spread and compacted using specialized tools like pavers and rollers.
Population growth, urbanization, and government measures to upgrade infrastructure have all contributed to the construction industry's steady expansion in the UK in recent years. Road, rail, harbor, tunnel, airport runway, and other infrastructure projects are receiving increasing amounts of government investment. In order to handle growing traffic volumes and maintain safety, the UK's vast road network needs to be regularly maintained and upgraded.
Perspectives on Market Segments
Based on product type, the UK asphalt market is divided into three segments: paving, roofing, and others. With a revenue share of 92.03% in 2023, the Paving segment led the market and is anticipated to expand at a compound annual growth rate (CAGR) of 6.5% during the forecast period.
The most popular kind of asphalt in the UK is called hot mix asphalt (HMA), and it is renowned for its remarkable strength and resilience to large loads. To prepare HMA, the aggregate and asphalt cement are heated in a mixing facility to high temperatures, usually between 150°C and 180°C.
The demand for asphalt is also influenced by the growing usage of eco-friendly and sustainable building techniques, which place greater emphasis on recycled resources and less environmental impact.
Key Players
Aggregate Industries, Tarmac, Breedon Group, Heidelberg Materials, CEMEX S.A.B de C.V, Eurovia, FM Conway, Newlay Asphalt, and Others are some of the leading companies in the market.
Roads, highways, and other infrastructure are paved with asphalt, a composite material. It is a blend of bitumen, which makes up around 5% of the content, and aggregates, which usually make up 95%. While bitumen is a thick, black liquid made from petroleum, the aggregates are usually crushed stone, gravel, or sand. To make mixing easier and enhance the asphalt's overall performance, the mixture of these two ingredients is heated to about 120 degrees Celsius (248 degrees Fahrenheit).
While bitumen serves as a binding agent, keeping the aggregates together and enabling the asphalt to stick to the underlying surface, the aggregates in asphalt give the material solidity and structural integrity. Additionally, the bitumen keeps the pebbles from moving or separating, guaranteeing a level and long-lasting surface. In order to keep asphalt from cooling and hardening too soon, it is usually transported to building sites in insulated vans. This guarantees effective asphalt laying and compacting, producing a high-quality finish. To get the required thickness and density, the asphalt is next spread and compacted using specialized tools like pavers and rollers.
Population growth, urbanization, and government measures to upgrade infrastructure have all contributed to the construction industry's steady expansion in the UK in recent years. Road, rail, harbor, tunnel, airport runway, and other infrastructure projects are receiving increasing amounts of government investment. In order to handle growing traffic volumes and maintain safety, the UK's vast road network needs to be regularly maintained and upgraded.
Perspectives on Market Segments
Based on product type, the UK asphalt market is divided into three segments: paving, roofing, and others. With a revenue share of 92.03% in 2023, the Paving segment led the market and is anticipated to expand at a compound annual growth rate (CAGR) of 6.5% during the forecast period.
The most popular kind of asphalt in the UK is called hot mix asphalt (HMA), and it is renowned for its remarkable strength and resilience to large loads. To prepare HMA, the aggregate and asphalt cement are heated in a mixing facility to high temperatures, usually between 150°C and 180°C.
The demand for asphalt is also influenced by the growing usage of eco-friendly and sustainable building techniques, which place greater emphasis on recycled resources and less environmental impact.
Key Players
Aggregate Industries, Tarmac, Breedon Group, Heidelberg Materials, CEMEX S.A.B de C.V, Eurovia, FM Conway, Newlay Asphalt, and Others are some of the leading companies in the market.
Table of Contents
145 Pages
- 1 Executive Summary
- 2 Market Introduction
- 2.1 Definition
- 2.2 Scope Of The Study
- 2.3 Research Objective
- 2.4 Market Structure
- 3 Research Methodology
- 3.1 Overview
- 3.2 Data Flow
- 3.2.1 Data Mining Process
- 3.3 Purchased Database:
- 3.4 Secondary Sources:
- 3.4.1 Secondary Research Data Flow:
- 3.5 Primary Research:
- 3.5.1 Primary Research Data Flow:
- 3.5.2 Primary Research: Number Of Interviews Conducted
- 3.6 Approaches For Market Size Estimation:
- 3.6.1 Consumption & Net Trade Approach
- 3.6.2 Revenue Analysis Approach
- 3.7 Data Forecasting
- 3.7.1 Data Forecasting Technique
- 3.8 Data Modeling
- 3.8.1 Microeconomic Factor Analysis:
- 3.8.2 Data Modeling:
- 3.9 Teams And Analyst Contribution
- 4 Market Dynamics
- 4.1 Introduction
- 4.2 Drivers
- 4.2.1 Growing Construction Activities In Uk
- 4.2.2 Increasing Demand From Recreation Sector
- 4.3 Restraints
- 4.3.1 Environmental Concerns Associated With Production And Use Of Asphalt
- 4.4 Opportunity
- 4.4.1 Increasing Funding In Maintenance And Rehabilitation Of Existing Roads
- 4.4.2 Growing Trend Towards The Use Of Reclaimed Asphalt Pavement (Rap) In Asphalt Mixtures
- 4.5 Impact Analysis Of Covid-19
- 4.5.1 Impact On Overall Chemicals & Materials Industry
- 4.5.1.1 Economic Impact
- 4.5.2 Impact On United Kingdom Asphalt Market
- 4.5.3 Impact On The Supply Chain Of The Uk Asphalt Market
- 4.5.4 Impact On Market Demand Of Asphalt Market
- 4.6 Overview Of Cement Bound Granular Mixture (Cbgm) / Hydraulically Bound Materials (Hbm) In Roadmaking
- 5 Market Factor Analysis
- 5.1 Supply Chain Analysis
- 5.1.1 Participants
- 5.1.1.1 Raw Materials Supply
- 5.1.1.1.1 Raw Material Selection & Procurement
- 5.1.1.1.2 Quality And Purity Standards
- 5.1.1.2 Manufacturing
- 5.1.1.2.1 Processing & Production
- 5.1.1.2.2 Product Development And Innovation
- 5.1.1.3 Sales & Distribution
- 5.1.1.3.1 Logistics
- 5.1.1.3.2 Sales And Marketing Strategies
- 5.1.1.4 End-user
- 5.1.1.4.1 Customer Needs, Preferences, Pain Points & Applications
- 5.2 Porter’s Five Forces Model
- 5.2.1 Bargaining Power Of Suppliers
- 5.2.2 Bargaining Power Of Buyers
- 5.2.3 Threat Of New Entrants
- 5.2.4 Threat Of Substitutes
- 5.2.5 Intensity Of Rivalry
- 5.3 Pricing Overview, 2018-2032, (Usd/Ton)
- 5.4 Supply-demand Analysis
- 5.5 Trade Analysis Of Asphalt Under Hs Code – 2714 (Bitumen And Asphalt, Natural; Bituminous Or Oil-shale And Tar Sands; Asphaltites And Asphaltic
- 5.5.1 Import Analysis
- 5.5.2 Export Analysis (Bitumen And Asphalt, Natural; Bituminous Or Oil-shale And Tar Sands; Asphaltites And Asphaltic)
- 5.6 Technology Advancements In Uk Asphalt Market
- 5.6.1 Technology Roadmap
- 5.6.2 Compatibility With Materials
- 5.6.3 Advanced Testing And Analysis
- 5.7 Regulatory Framework
- 5.7.1 Overview On Environmental & Safety Issues
- 5.7.2 Government Policies
- 5.7.3 Certification And Standards
- 5.7.3.1 Astm Standards
- 5.7.3.2 Environmental Certifications
- 5.8 Research And Development Review
- 5.8.1 Patent Filing Trend
- 5.9 Adjacent Market Analysis
- 5.9.1 Global Construction Materials Market
- 5.9.2 Global Road Construction Materials Market
- 6 United Kingdom Asphalt Market, By Product Type
- 6.1 Overview
- 6.1.1 Paving
- 6.1.2 Roofing
- 6.1.3 Others
- 7 United Kingdom Asphalt Market, By Mixture Type
- 7.1 Overview
- 7.1.1 Hot Mix Asphalt (Hma)
- 7.1.2 Warm Mix Asphalt (Wma)
- 7.1.3 Cold Mix Asphalt (Cma)
- 8 United Kingdom Asphalt Market, By Application
- 8.1 Overview
- 8.2 United Kingdom Asphalt Market, By Application, 2018-2032 (Usd Millions)
- 8.2.1 Roadways
- 8.2.2 Waterproofing
- 8.2.3 Recreation
- 8.2.4 Others
- 8.3 England
- 8.4 Scotland
- 8.5 Wales
- 8.6 Northern Ireland
- 9 Competitive Landscape
- 9.1 Introduction
- 9.2 Competition Dashboard
- 9.3 Market Share Analysis, 2023
- 9.4 Comparative Analysis: Key Players Financial, 2023
- 9.5 Key Developments & Growth Strategies
- 9.5.1 App Launch
- 9.5.2 Product Launch
- 9.5.3 Capacity Expansion
- 9.5.4 Acquisition
- 9.5.5 Partnership
- 10 Company Profiles
- 10.1 Heidelberg Materials
- 10.1.1 Company Overview
- 10.1.2 Financial Overview
- 10.1.3 Products Offered
- 10.1.4 Key Developments
- 10.1.5 Swot Analysis
- 10.1.6 Key Strategy
- 10.2 Aggregate Industries
- 10.2.1 Company Overview
- 10.2.2 Financial Overview
- 10.2.3 Products Offered
- 10.2.4 Key Developments
- 10.2.5 Swot Analysis
- 10.2.6 Key Strategy
- 10.3 Tarmac
- 10.3.1 Company Overview
- 10.3.2 Financial Overview
- 10.3.3 Products Offered
- 10.3.4 Key Developments
- 10.3.5 Swot Analysis
- 10.3.6 Key Strategy
- 10.4 Cemex S.A.B De C.V
- 10.4.1 Company Overview
- 10.4.2 Financial Overview
- 10.4.3 Products Offered
- 10.4.4 Key Developments
- 10.4.5 Swot Analysis
- 10.4.6 Key Strategy
- 10.5 Breedon Group Plc
- 10.5.1 Company Overview
- 10.5.2 Financial Overview
- 10.5.3 Products Offered
- 10.5.4 Key Developments
- 10.5.5 Swot Analysis
- 10.5.6 Key Strategy
- 10.6 Eurovia
- 10.6.1 Company Overview
- 10.6.2 Financial Overview
- 10.6.3 Products Offered
- 10.6.4 Key Developments
- 10.6.5 Swot Analysis
- 10.6.6 Key Strategy
- 10.7 Fm Conway
- 10.7.1 Company Overview
- 10.7.2 Financial Overview
- 10.7.3 Products Offered
- 10.7.4 Key Developments
- 10.7.5 Swot Analysis
- 10.7.6 Key Strategy
- 10.8 Newlay Asphalt
- 10.8.1 Company Overview
- 10.8.2 Financial Overview
- 10.8.3 Products Offered
- 10.8.4 Key Developments
- 10.8.5 Swot Analysis
- 10.8.6 Key Strategy
- 11 Data Citations
- List Of Tables
- Table 1 Qfd Modeling For Market Share Assessment
- Table 1 Percentage Change In Chemical Production Due To Covid-19 (Dec 2019 - July 2020)
- Table 2 Uk Asphalt Market, Pricing Analysis By Region, 2018-2032 (Usd/Ton)
- Table 3 List Of Supplying Markets For An Asphalt Imported By United Kingdom (Import Quantity In Tons)
- Table 4 List Of Supplying Markets For A An Asphalt Imported By United Kingdom (Value In Usd Thousand)
- Table 5 List Of Importing Markets For A Asphalt Exported By United Kingdom (Export Quantity In Tons)
- Table 6 List Of Importing Markets For An Asphalt Exported By United Kingdom (Value In Usd Thousands)
- Table 7 United Kingdom Asphalt Market, By Product Type, 2018-2032 (Usd Millions)
- Table 8 United Kingdom Asphalt Market, By Product Type, 2018-2032 (Kilo Tons)
- Table 9 United Kingdom Asphalt Market, By Mixture Type, 2018-2032 (Usd Millions)
- Table 10 United Kingdom Asphalt Market, By Mixture Type, 2018-2032 (Kilo Tons)
- Table 11 United Kingdom Asphalt Market, By Application, 2018-2032 (Kilo Tons)
- Table 12 United Kingdom: Asphalt Market, By Country, 2018-2032 (Usd Million)
- Table 13 United Kingdom: Asphalt Market, By Country, 2018-2032 (Kilo Tons)
- Table 14 England Asphalt Market, By Product Type, 2018-2032 (Usd Million)
- Table 15 England Asphalt Market, By Product Type, 2018-2032 (Kilo Tons)
- Table 16 England Asphalt Market, By Mixture Type, 2018-2032 (Usd Million)
- Table 17 England Asphalt Market, By Mixture Type, 2018-2032 (Kilo Tons)
- Table 18 England Asphalt Market, By Application, 2018-2032 (Usd Million)
- Table 19 England Asphalt Market, By Application, 2018-2032 (Kilo Tons)
- Table 20 Scotland Asphalt Market, By Product Type, 2018-2032 (Usd Million)
- Table 21 Scotland Asphalt Market, By Product Type, 2018-2032 (Kilo Tons)
- Table 22 Scotland Asphalt Market, By Process, 2018-2032 (Usd Million)
- Table 23 Scotland Asphalt Market, By Process, 2018-2032 (Kilo Tons)
- Table 24 Scotland Asphalt Market, By Application, 2018-2032 (Usd Million)
- Table 25 Scotland Asphalt Market, By Application, 2018-2032 (Kilo Tons)
- Table 26 Wales Asphalt Market, By Product Type, 2018-2032 (Usd Million)
- Table 27 Wales Asphalt Market, By Product Type, 2018-2032 (Kilo Tons)
- Table 28 Wales Asphalt Market, By Process, 2018-2032 (Usd Million)
- Table 29 Wales Asphalt Market, By Process, 2018-2032 (Kilo Tons)
- Table 30 Wales Asphalt Market, By Application, 2018-2032 (Usd Million)
- Table 31 Wales Asphalt Market, By Application, 2018-2032 (Kilo Tons)
- Table 32 Northern Ireland Asphalt Market, By Product Type, 2018-2032 (Usd Million)
- Table 33 Northern Ireland Asphalt Market, By Product Type, 2018-2032 (Kilo Tons)
- Table 34 Northern Ireland Asphalt Market, By Process, 2018-2032 (Usd Million)
- Table 35 Northern Ireland Asphalt Market, By Process, 2018-2032 (Kilo Tons)
- Table 36 Northern Ireland Asphalt Market, By Application, 2018-2032 (Usd Million)
- Table 37 Northern Ireland Asphalt Market, By Application, 2018-2032 (Kilo Tons)
- Table 38 Competition Dashboard: Asphalt Market
- Table 39 App Launch
- Table 40 Product Launch
- Table
- Table 42 Acquisition
- Table 43 Partnership
- Table 44 Heidelberg Materials: Products Offered
- Table 45 Heidelberg Materials.: Key Developments
- Table 46 Aggregate Industries: Products Offered
- Table 47 Aggregate Industries.: Key Developments
- Table 48 Tarmac: Products Offered
- Table 49 Tarmac.: Key Developments
- Table 50 Cemex S.A.B De C.V:products Offered
- Table 51 Cemex S.A.B De C.V.: Key Developments
- Table 52 Breedon Group Plc.: Products Offered
- Table 53 Breedon Group Plc.: Key Developments
- Table 54 Eurovia: Products Offered
- Table 55 Fm Conway.: Products Offered
- Table 56 Fm Conway.: Key Developments
- Table 57 Newlay Asphalt.: Products Offered
- List Of Figures
- Figure 1 Distribution Of Road Length By Region In The Uk
- Figure 2 Uk Asphalt Market Snapshot, 2023
- Figure 3 Uk Asphalt Market: Structure
- Figure 4 Uk Asphalt Market: Market Growth Factor Analysis (2024-2032)
- Figure 5 Breakdown Of Road Length (Thousand Miles) By Country And Road Type In 2022
- Figure 6 Construction Output Value Of Roads, Railways, And Harbors In England, Scotland And Wales 2022 (In Million Gbp)
- Figure 7 Driver Impact Analysis (2024-2032)
- Figure 8 Restraint Impact Analysis (2024-2032)
- Figure 9 Highway Maintenance Budgets Average Per Authority 2023/24 (Budget Value In Euro Million)
- Figure 10 Overall, Road Condition Index In Uk- Actual Vs Target
- Figure 11 Estimated Asphalt Production Cost Categories
- Figure 12 Supply Chain Analysis: Uk Asphalt Market
- Figure 13 Porter’s Five Forces Model: Uk Asphalt Market
- Figure 14 Supply-demand Analysis (Kilo Tons)
- Figure 15 Asphalt Patent Filing Trend In Europe (2018-2023)
- Figure 16 Global Construction Materials Market, 2022-2032 (Value In Usd Billion)
- Figure 1 United Kingdom Asphalt Market, By Product Type, 2023 (% Share)
- Figure 2 United Kingdom Asphalt Market, By Mixture Type, 2023 (% Share)
- Figure 3 United Kingdom Asphalt Market, By Application, 2023 (% Share)
- Figure 4 United Kingdom Market: Swot Analysis
- Figure 5 United Kingdom: Asphalt Market Share, By Region, 2023 (% Share)
- Figure 6 Asphalt Major Players Market Share Analysis, 2023 (%)
- Figure 7 Comparative Analysis: Key Players Financial, 2023
- Figure 8 Heidelberg Materials: Financial Overview Snapshot
- Figure 9 Heidelberg Materials: Swot Analysis
- Figure 10 Aggregate Industries.: Swot Analysis
- Figure 11 Tarmac: Swot Analysis
- Figure 12 Cemex S.A.B De C.V: Swot Analysis
- Figure 13 Breedon Group Plc: Financial Overview Snapshot
- Figure 14 Breedon Group Plc.: Swot Analysis
- Figure 15 Eurovia: Swot Analysis
- Figure 16 Fm Conway: Swot Analysis
- Figure 17 Newlay Asphalt: Swot Analysis
Pricing
Currency Rates
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