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Smooth surface: Industry revenue will increase as funding expands and construction markets grow



Abstract

Asphalt Manufacturing in the US

The Asphalt Manufacturing industry's performance closely follows developments in construction and road infrastructure building. The collapse of the construction sector following the financial crisis greatly eroded demand for industry products, leading to a substantial decline in industry revenue. After recovering strongly, the industry has remained relatively stable in the past five years. The industry is expected to expand over the five years to 2021. Government funding for highways is anticipated to increase, especially 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 is 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.



Related Reports

Paper Mills in the US

Petroleum Refining in the US



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Building Construction in China

Table Of Contents

Asphalt Manufacturing in the US - Industry Market Research Report

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 and MARKETS
Supply Chain
Products and 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 and Systems
Revenue Volatility
Regulation and Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON and GLOSSARY



MAJOR COMPANIES

Owens Corning Sales LLC

CRH PLC

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