DUBLIN, Feb. 6, 2024 /PRNewswire/ -- The "Asphalt Mixing Plant Market Report: Trends, Forecast and Competitive Analysis to 2030" report has been added to ResearchAndMarkets.com's offering.
The global asphalt mixing plant market is expected to reach an estimated $6.68 billion by 2030 with a CAGR of 1.5% from 2024 to 2030.
The future of the global asphalt mixing plant market looks promising with opportunities in the road construction, parking lot, pedestrian path, and bridge markets. The major drivers for this market are rise in investment in the development of roads and infrastructure and significant upswing in the demand for asphalt mixing plants across diverse sectors, including building construction and tunnel.
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies asphalt mixing plant companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base.
Asphalt Mixing Plant Market Insights
- Drum mix is expected to witness the highest growth over the forecast period due to their exceptional production capacity, efficiency, and reliability.
- Within this market, road construction will remain the largest segment due to rising investment in the development of roads and infrastructure.
- APAC will remain the largest region over the forecast period due to increasing urbanization and rising government initiatives promoting road construction projects in the region.
Features of the Global Asphalt Mixing Plant Market
- Market Size Estimates: Asphalt mixing plant market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Asphalt mixing plant market size by various segments, such as by product type, production capacity, application, end use, and region in terms of value ($B).
- Regional Analysis: Asphalt mixing plant market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different product types, production capacities, applications, end uses, and regions for the asphalt mixing plant market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the asphalt mixing plant market.
- Analysis of competitive intensity of the industry based on Porter's Five Forces model.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the asphalt mixing plant market?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
Key Topics Covered:
1. Executive Summary
2. Global Asphalt Mixing Plant Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Asphalt Mixing Plant Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Asphalt Mixing Plant Market by Product Type
3.3.1: Batch Mix
3.3.2: Drum Mix
3.3.3: Continuous Mix
3.4: Global Asphalt Mixing Plant Market by Production Capacity
3.4.1: Below 240t/h
3.4.2: 240t/h-320t/h
3.4.3: Above 320t/h
3.5: Global Asphalt Mixing Plant Market by Application
3.5.1: Road Construction
3.5.2: Parking Lots
3.5.3: Pedestrian Paths
3.5.4: Bridge
3.6: Global Asphalt Mixing Plant Market by End Use
3.6.1: Residential
3.6.2: Non-residential
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Asphalt Mixing Plant Market by Region
4.2: North American Asphalt Mixing Plant Market
4.2.2: North American Asphalt Mixing Plant Market by Application: Road Construction, Parking Lots, Pedestrian Paths, and Bridge
4.3: European Asphalt Mixing Plant Market
4.3.1: European Asphalt Mixing Plant Market by Product Type: Batch Mix, Drum Mix, and Continuous Mix
4.3.2: European Asphalt Mixing Plant Market by Application: Road Construction, Parking Lots, Pedestrian Paths, and Bridge
4.4: APAC Asphalt Mixing Plant Market
4.4.1: APAC Asphalt Mixing Plant Market by Product Type: Batch Mix, Drum Mix, and Continuous Mix
4.4.2: APAC Asphalt Mixing Plant Market by Application: Road Construction, Parking Lots, Pedestrian Paths, and Bridge
4.5: ROW Asphalt Mixing Plant Market
4.5.1: ROW Asphalt Mixing Plant Market by Product Type: Batch Mix, Drum Mix, and Continuous Mix
4.5.2: ROW Asphalt Mixing Plant Market by Application: Road Construction, Parking Lots, Pedestrian Paths, and Bridge
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter's Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Asphalt Mixing Plant Market by Product Type
6.1.2: Growth Opportunities for the Global Asphalt Mixing Plant Market by Production Capacity
6.1.3: Growth Opportunities for the Global Asphalt Mixing Plant Market by Application
6.1.4: Growth Opportunities for the Global Asphalt Mixing Plant Market by End Use
6.1.5: Growth Opportunities for the Global Asphalt Mixing Plant Market by Region
6.2: Emerging Trends in the Global Asphalt Mixing Plant Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Asphalt Mixing Plant Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Asphalt Mixing Plant Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: 4B Construction
7.2: AMMANN
7.3: Nikko
7.4: Benninghoven
7.5: Atlas industries
7.6: MARINI
7.7: ASTEC
For more information about this report visit https://www.researchandmarkets.com/r/lubi9g
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Media Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Logo - https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
SOURCE Research and Markets
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article