Asphalt is the refined residue from the distillation process of specific crude oils. It is primarily used in road construction as a glue or binder and is mixed with aggregate particles for creating asphalt concrete. The other main applications of asphalt include production of roofing felt, bituminous waterproofing products and sealing flat roofs among others. The global demand for asphalt is increasing owing to the growth in the construction industry especially in the emerging economies such as China, India and Brazil. The application that are driving the demand for asphalt include paving products such as asphalt cement, asphalt emulsions and cutback asphalt, roofing products such as asphalt shingles, modified bitumen, roofing membranes, mopping asphalts and standard asphaltic roofing felts and among others.
The global asphalt market mainly comprises of construction market segments such as residential buildings, new improvement and repair and nonresidential buildings. At present, paving products account for more than half the consumption of asphalt and will remain the dominant application for asphalt in the coming years. The demand for asphalt in roofing products is expected to grow consistently owing to the rise in building construction expenditures. The residential market will record the fastest growth as substantial gains in single-family housing completions will trigger the demand for asphalt shingles.
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The global asphalt market mainly comprises of construction market segments such as residential buildings, new improvement and repair and nonresidential buildings. At present, paving products account for more than half the consumption of asphalt and will remain the dominant application for asphalt in the coming years. The demand for asphalt in roofing products is expected to grow consistently owing to the rise in building construction expenditures. The residential market will record the fastest growth as substantial gains in single-family housing completions will trigger the demand for asphalt shingles.
Browse Full Report With TOC: http://www.marketresearchreports.biz/analysis-details/asphalt-market-global-industry-analysis-size-share-growth-trends-and-forecast-2013-2019
This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
Reasons for Buying this Report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a technological growth map over time to understand the industry growth rate
- It provides a seven-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
To Get Download Full Reports With TOC on Discounted Price: http://www.marketresearchreports.biz/sample/toc/177450
About Us
Marketresearchreports.biz is the most comprehensive collection of market research reports. Marketresearchreports.biz services are especially designed to save time and money of our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.
Contact
M/s Sheela
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-997-4948
Email: sales@marketresearchreports.biz
Blog: http://mrrbiz.blogspot.com/
Site: http://www.marketresearchreports.biz/
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