2026 Global: Asphalt Pavers Market -Competitive Review (2032) report
Description
The 2026 Global: Asphalt Pavers Market -Competitive Review (2031) report features the global market size and projected growth/decline data for the period 2021 through 2032. The report primarily provides an examination of the business strategies for the ten largest global companies in the market and how their strategies differ.
Perry/Hope Partners' reports provide the most accurate industry forecasts based on our proprietary economic models. Our forecasts project the product market size nationally and by regions for 2021 to 2032 using regression analysis in our modeling. and Perry/Hope is the only market research publisher that utilizes both longitudinal (historical) and vertical (from market section to market division to market class) analysis, since we study every manufactured product in the countries we analyze. The report also provides written analysis on the market definition, market segments, and SWOT analysis (market strengths, weaknesses, opportunities, and threats).
The market study aims at estimating the market size and the growth potential of this market. Topics analyzed within the report include a detailed breakdown of the global markets for asphalt pavers market by geography and historical trend. The scope of the report extends to sizing of the asphalt pavers market market and global market trends with market data for 2024 as the base year, 2025 and 2026 as the estimate years with projection of CAGR from 2027 to 2032.
The report also features a list of the top ten largest global players in the market. A review of each company includes 1) an estimate of the market share, 2) a listing of the products and/or services in the market, and 3) the features of these products and/or services in the market. The report has a chapter on Comparative Business Strategies for the largest four players. An example of the Comparative Business Strategies analysis would be -- How does Netflix's business strategy to expand its market share in the global online streaming compare to Amazon Prime's business strategy through its video products and services?
The ten market players in this report and a brief synopsis of their participation in the market are:
The asphalt pavers market is dominated by a select group of multinational manufacturers specializing in heavy-duty equipment for road construction, highways, and infrastructure projects. Leading companies include Caterpillar Inc., renowned for high-volume models like the AP355F and AP1055 series, which excel in highway and DOT work with exceptional reliability and uptime. Wirtgen Group (Vögele), now under John Deere, commands significant contractor preference at 19.25% in surveys, offering precision pavers with tamper bar screeds for depths up to six inches, ideal for large-scale operations and RCC paving. Volvo Construction Equipment prioritizes fuel efficiency and operator comfort, expanding into Asia with advanced automation features. Dynapac AB (Fayat Group) integrates cutting-edge tech like PaveManager OS for optimized performance, supported by global production in Europe, South America, and Asia. BOMAG, with nearly 65 years of expertise, provides mid-size pavers like the CR820 series that synergize with compaction equipment, holding 3% contractor choice.
Additional major players enhance market fragmentation with specialized offerings. Ammann Group, often paired with ABG technology, secures 3.5% contractor votes and focuses on innovative paving solutions post its Volvo CE integration. LeeBoy dominates compact segments for parking lots and driveways, with models starting at $130,000, making it accessible for smaller contractors. Astec (including Roadtec, Carlson, and Barber Greene) garners 11% preference, providing versatile pavers for all operation sizes and honoring legacy brands since 1986 acquisitions. Weiler, headquartered in the US, innovates with the P395 and P series, emphasizing proven designs for global distribution. These firms, primarily from North America and Europe, drive a market valued at USD 2,228.94 million in 2023, projected to reach USD 3,284 million by 2031 at a 4.4% CAGR, fueled by infrastructure demands.
Regional dynamics further define the top ten, with Chinese manufacturers like Sany, XGMA, Changlin, Liugong, Shantui, XGMC, and Zoomlion rising in cost-effective, high-capacity segments. In the US, LeeBoy, Caterpillar, and Weiler lead, while Europe favors Vögele, Dynapac, Volvo, Ammann, and Ingersoll Rand for premium efficiency. Contractor surveys highlight Caterpillar at 32% top choice, underscoring durability in harsh environments. Overall, these companies navigate a moderately fragmented landscape, investing in R&D for automation and sustainability to meet global needs amid Asia-Pacific growth.
Perry/Hope Partners' reports provide the most accurate industry forecasts based on our proprietary economic models. Our forecasts project the product market size nationally and by regions for 2021 to 2032 using regression analysis in our modeling. and Perry/Hope is the only market research publisher that utilizes both longitudinal (historical) and vertical (from market section to market division to market class) analysis, since we study every manufactured product in the countries we analyze. The report also provides written analysis on the market definition, market segments, and SWOT analysis (market strengths, weaknesses, opportunities, and threats).
The market study aims at estimating the market size and the growth potential of this market. Topics analyzed within the report include a detailed breakdown of the global markets for asphalt pavers market by geography and historical trend. The scope of the report extends to sizing of the asphalt pavers market market and global market trends with market data for 2024 as the base year, 2025 and 2026 as the estimate years with projection of CAGR from 2027 to 2032.
The report also features a list of the top ten largest global players in the market. A review of each company includes 1) an estimate of the market share, 2) a listing of the products and/or services in the market, and 3) the features of these products and/or services in the market. The report has a chapter on Comparative Business Strategies for the largest four players. An example of the Comparative Business Strategies analysis would be -- How does Netflix's business strategy to expand its market share in the global online streaming compare to Amazon Prime's business strategy through its video products and services?
The ten market players in this report and a brief synopsis of their participation in the market are:
The asphalt pavers market is dominated by a select group of multinational manufacturers specializing in heavy-duty equipment for road construction, highways, and infrastructure projects. Leading companies include Caterpillar Inc., renowned for high-volume models like the AP355F and AP1055 series, which excel in highway and DOT work with exceptional reliability and uptime. Wirtgen Group (Vögele), now under John Deere, commands significant contractor preference at 19.25% in surveys, offering precision pavers with tamper bar screeds for depths up to six inches, ideal for large-scale operations and RCC paving. Volvo Construction Equipment prioritizes fuel efficiency and operator comfort, expanding into Asia with advanced automation features. Dynapac AB (Fayat Group) integrates cutting-edge tech like PaveManager OS for optimized performance, supported by global production in Europe, South America, and Asia. BOMAG, with nearly 65 years of expertise, provides mid-size pavers like the CR820 series that synergize with compaction equipment, holding 3% contractor choice.
Additional major players enhance market fragmentation with specialized offerings. Ammann Group, often paired with ABG technology, secures 3.5% contractor votes and focuses on innovative paving solutions post its Volvo CE integration. LeeBoy dominates compact segments for parking lots and driveways, with models starting at $130,000, making it accessible for smaller contractors. Astec (including Roadtec, Carlson, and Barber Greene) garners 11% preference, providing versatile pavers for all operation sizes and honoring legacy brands since 1986 acquisitions. Weiler, headquartered in the US, innovates with the P395 and P series, emphasizing proven designs for global distribution. These firms, primarily from North America and Europe, drive a market valued at USD 2,228.94 million in 2023, projected to reach USD 3,284 million by 2031 at a 4.4% CAGR, fueled by infrastructure demands.
Regional dynamics further define the top ten, with Chinese manufacturers like Sany, XGMA, Changlin, Liugong, Shantui, XGMC, and Zoomlion rising in cost-effective, high-capacity segments. In the US, LeeBoy, Caterpillar, and Weiler lead, while Europe favors Vögele, Dynapac, Volvo, Ammann, and Ingersoll Rand for premium efficiency. Contractor surveys highlight Caterpillar at 32% top choice, underscoring durability in harsh environments. Overall, these companies navigate a moderately fragmented landscape, investing in R&D for automation and sustainability to meet global needs amid Asia-Pacific growth.
Table of Contents
32 Pages
- 1.0 Scope of Report and Methodology
- 2.0 Market SWOT Analysis and Players
- 2.1 Market Definition
- 2.2 Market Segments
- 2.3 Market Strengths
- 2.4 Market Weaknesses
- 2.5 Market Threats
- 2.6 Market Opportunities
- 2.7 Major Players
- 3.0 Competitive Analysis
- 3.1 Market Player 1
- 3.2 Market Player 2
- 3.3 Market Player 3
- 3.4 Market Player 4
- 3.5 Market Player 5
- 3.6 Market Player 6
- 3.7 Market Player 7
- 3.8 Market Player 8
- 3.9 Market Player 9
- 3.10 Market Player 10
- 4.0 Comparative Business Strategies
- 4.1 Comparative Business Strategies of Player 1 and 2
- 4.2 Comparative Business Strategies of Player 1 and 3
- 4.3 Comparative Business Strategies of Player 1 and 4
- 4.4 Comparative Business Strategies of Player 2 and 3
- 4.5 Comparative Business Strategies of Player 2 and 4
- 4.6 Comparative Business Strategies of Player 3 and 4
- 5.0 Appendix
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