I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
Recent Market Activity
Prelude
Outlook
Paving: The Dominant End-Use Application
Roofing: A Fast Growth End-Use Application
Asphalt Shingles Maintain the Lead in Residential Roofing
Emulsified Asphalt and Polymer Modified Asphalt to Record
Fastest Growth
Production of Asphalt
Occupational Hazards Continue to Haunt Asphalt Manufacturing
Making Asphalt More Cost-Effective
Substitutes to Asphalt
Global Competitor Market Shares
Asphalt Competitor Market Share Scenario Worldwide (in %):
2020 & 2029
Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS
BP America (USA)
Exxon Mobil Corporation (USA)
Gulf Petrochem Group (UAE)
Petroleos de Venezuela SA (Venezuela)
Royal Dutch Shell plc (The Netherlands)
Total S.A. (France)
Aggregate Industries Limited (UK)
Atlas Roofing Corporation (USA)
CEMEX UK Operations Limited (UK)
CertainTeed Corporation (USA)
Colas Danmark A/S (Denmark)
CRH Plc (Ireland)
Dehtochema Bitumat, S.r.o. (Czech Republic)
GAF Materials Corporation (USA)
Hanson UK (UK)
Husky Energy Inc. (Canada)
Nynas AB (Sweden)
Owens Corning (USA)
Sinopec (China)

3. MARKET TRENDS & DRIVERS
Rapidly Expanding Road Infrastructure: A Strong Growth Driver
Rising Investments in Infrastructure Projects Strengthen Market
Prospects
Developing Countries Drive Future Market Growth
Surge in Infrastructure Development Powers Demand Growth
Increasing Urbanization Worldwide Spur Demand for Improved Road
Infrastructure
Opportunity Indicators
Rising Global Population Propels Demand for Housing Units and
Infrastructure
Burgeoning Road Construction Projects Signals Growth
Roofing Industry Fortunes Intrinsically Tied to Construction
Industry Dynamics
The US and Europe: Steady Growth Projected for the Matured Markets
Developing Countries Spearhead Current and Future Market Growth
Asphalt Advancements in Roofing & Pavement: Spearheading Growth
Paving Asphalt Advancements
Improved Safety and Sustainability Drive Innovations in
Pavement Application
Nano Materials to ’Pave’ the Future
Stiffer Pavements to Save Costs
Asphalt Rubber Technology: The ’Road’ to Safety?
Porous Asphalt Pavement to Improve Storm-water Management
Advanced Emulsions Translates into Low Maintenance Costs
Improved Equipment to Improve Productivity
Perpetual Pavements - New HMA Technology
European Warm HMA
Superpave
Polymer-Modified Paving Asphalts
Other Paving Asphalt Advancements
Total Ecosolutions Develops ECO2 Warm-Mix Bitumen Products
Ingevity Introduces Evotherm Warm-Mix Asphalt
Roofing Asphalt Advancements
Green Trend Drives Roofing Innovations
Cool Roof Asphalts
Healthy Outlook for the Oil & Gas Industry Bodes Well for the
Asphalt Market
Global Oil Demand & Supply Scenario: Opportunity Indicators
Sustainability: Need of the Hour
Innovative Additions to Asphalt
With Confluence of Factors Affecting Growth of Major Economies,
the Fluctuating Global GDP Offers a Mixed Bag of Opportunities &
Challenges for the Asphalt Market
Recycling on the Rise
Asphalt Roll Roofing: Faces Threat from Elastomeric Roofing
Advanced Processing Techniques: A Drawback?
Market Implications of Pricing Fluctuations
Supply-Chain Scenario
Green Revolution Spurs Eco-Friendly Manufacturing Systems
Soy-Based Asphalt Products to Improve Cost-Efficiency
Computer Technology Aids Manufacturers in Customization

4. GLOBAL MARKET PERSPECTIVE
Table 1: Asphalt Global Market Estimates and Forecasts in
Thousand Tons by Region/Country: 2020-2027

Table 2: Asphalt Global Retrospective Market Scenario in
Thousand Tons by Region/Country: 2012-2019

Table 3: Asphalt Market Share Shift across Key Geographies
Worldwide: 2012 VS 2020 VS 2027

Table 4: Paving (Application) Global Opportunity Assessment in
Thousand Tons by Region/Country: 2020-2027

Table 5: Paving (Application) Historic Sales Analysis in
Thousand Tons by Region/Country: 2012-2019

Table 6: Paving (Application) Percentage Share Breakdown of
Global Sales by Region/Country: 2012 VS 2020 VS 2027

Table 7: Roofing (Application) Worldwide Sales in Thousand Tons
by Region/Country: 2020-2027

Table 8: Roofing (Application) Historic Demand Patterns in
Thousand Tons by Region/Country: 2012-2019

Table 9: Roofing (Application) Market Share Shift across Key
Geographies: 2012 VS 2020 VS 2027

Table 10: Other Applications (Application) Global Market
Estimates & Forecasts in Thousand Tons by Region/Country:
2020-2027

Table 11: Other Applications (Application) Retrospective Demand
Analysis in Thousand Tons by Region/Country: 2012-2019

Table 12: Other Applications (Application) Market Share
Breakdown by Region/Country: 2012 VS 2020 VS 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES
Market Facts & Figures
US Asphalt Market Share (in %) by Company: 2020 & 2025
Market Analytics
Table 13: United States Asphalt Latent Demand Forecasts in
Thousand Tons by Application: 2020 to 2027

Table 14: Asphalt Historic Demand Patterns in the United States
by Application in Thousand Tons for 2012-2019

Table 15: Asphalt Market Share Breakdown in the United States
by Application: 2012 VS 2020 VS 2027

CANADA
Table 16: Canadian Asphalt Market Quantitative Demand Analysis
in Thousand Tons by Application: 2020 to 2027

Table 17: Asphalt Market in Canada: Summarization of Historic
Demand Patterns in Thousand Tons by Application for 2012-2019

Table 18: Canadian Asphalt Market Share Analysis by
Application: 2012 VS 2020 VS 2027

JAPAN
Table 19: Japanese Demand Estimates and Forecasts for Asphalt
in Thousand Tons by Application: 2020 to 2027

Table 20: Japanese Asphalt Market in Thousand Tons by
Application: 2012-2019

Table 21: Asphalt Market Share Shift in Japan by Application:
2012 VS 2020 VS 2027

CHINA
Table 22: Chinese Demand for Asphalt in Thousand Tons by
Application: 2020 to 2027

Table 23: Asphalt Market Review in China in Thousand Tons by
Application: 2012-2019

Table 24: Chinese Asphalt Market Share Breakdown by
Application: 2012 VS 2020 VS 2027

EUROPE
Market Facts & Figures
European Asphalt Market: Competitor Market Share Scenario
(in %) for 2020 & 2025
Market Analytics
Table 25: European Asphalt Market Demand Scenario in Thousand
Tons by Region/Country: 2020-2027

Table 26: Asphalt Market in Europe: A Historic Market
Perspective in Thousand Tons by Region/Country for the Period
2012-2019

Table 27: European Asphalt Market Share Shift by
Region/Country: 2012 VS 2020 VS 2027

Table 28: European Asphalt Addressable Market Opportunity in
Thousand Tons by Application: 2020-2027

Table 29: Asphalt Market in Europe: Summarization of Historic
Demand in Thousand Tons by Application for the Period 2012-2019

Table 30: European Asphalt Market Share Analysis by
Application: 2012 VS 2020 VS 2027

FRANCE
Table 31: Asphalt Quantitative Demand Analysis in France in
Thousand Tons by Application: 2020-2027

Table 32: French Asphalt Historic Market Review in Thousand
Tons by Application: 2012-2019

Table 33: French Asphalt Market Share Analysis: A 17-Year
Perspective by Application for 2012, 2020, and 2027

GERMANY
Table 34: Asphalt Market in Germany: Annual Sales Estimates and
Forecasts in Thousand Tons by Application for the Period
2020-2027

Table 35: German Asphalt Market in Retrospect in Thousand Tons
by Application: 2012-2019

Table 36: Asphalt Market Share Distribution in Germany by
Application: 2012 VS 2020 VS 2027

ITALY
Table 37: Italian Demand for Asphalt in Thousand Tons by
Application: 2020 to 2027

Table 38: Asphalt Market Review in Italy in Thousand Tons by
Application: 2012-2019

Table 39: Italian Asphalt Market Share Breakdown by
Application: 2012 VS 2020 VS 2027

UNITED KINGDOM
Table 40: United Kingdom Demand Estimates and Forecasts for
Asphalt in Thousand Tons by Application: 2020 to 2027

Table 41: United Kingdom Asphalt Market in Thousand Tons by
Application: 2012-2019

Table 42: Asphalt Market Share Shift in the United Kingdom by
Application: 2012 VS 2020 VS 2027

SPAIN
Table 43: Spanish Asphalt Market Quantitative Demand Analysis
in Thousand Tons by Application: 2020 to 2027

Table 44: Asphalt Market in Spain: Summarization of Historic
Demand Patterns in Thousand Tons by Application for 2012-2019

Table 45: Spanish Asphalt Market Share Analysis by Application:
2012 VS 2020 VS 2027

RUSSIA
Table 46: Russian Asphalt Latent Demand Forecasts in Thousand
Tons by Application: 2020 to 2027

Table 47: Asphalt Historic Demand Patterns in Russia by
Application in Thousand Tons for 2012-2019

Table 48: Asphalt Market Share Breakdown in Russia by
Application: 2012 VS 2020 VS 2027

REST OF EUROPE
Table 49: Rest of Europe Asphalt Addressable Market Opportunity
in Thousand Tons by Application: 2020-2027

Table 50: Asphalt Market in Rest of Europe: Summarization of
Historic Demand in Thousand Tons by Application for the Period
2012-2019

Table 51: Rest of Europe Asphalt Market Share Analysis by
Application: 2012 VS 2020 VS 2027

ASIA-PACIFIC
Table 52: Asia-Pacific Asphalt Market Estimates and Forecasts
in Thousand Tons by Region/Country: 2020-2027

Table 53: Asphalt Market in Asia-Pacific: Historic Market
Analysis in Thousand Tons by Region/Country for the Period
2012-2019

Table 54: Asia-Pacific Asphalt Market Share Analysis by
Region/Country: 2012 VS 2020 VS 2027

Table 55: Asphalt Quantitative Demand Analysis in Asia-Pacific
in Thousand Tons by Application: 2020-2027

Table 56: Asia-Pacific Asphalt Historic Market Review in
Thousand Tons by Application: 2012-2019

Table 57: Asia-Pacific Asphalt Market Share Analysis: A 17-Year
Perspective by Application for 2012, 2020, and 2027

AUSTRALIA
Table 58: Asphalt Market in Australia: Annual Sales Estimates
and Forecasts in Thousand Tons by Application for the Period
2020-2027

Table 59: Australian Asphalt Market in Retrospect in Thousand
Tons by Application: 2012-2019

Table 60: Asphalt Market Share Distribution in Australia by
Application: 2012 VS 2020 VS 2027

INDIA
Table 61: Indian Asphalt Market Quantitative Demand Analysis in
Thousand Tons by Application: 2020 to 2027

Table 62: Asphalt Market in India: Summarization of Historic
Demand Patterns in Thousand Tons by Application for 2012-2019

Table 63: Indian Asphalt Market Share Analysis by Application:
2012 VS 2020 VS 2027

SOUTH KOREA
Table 64: Asphalt Market in South Korea: Recent Past, Current
and Future Analysis in Thousand Tons by Application for the
Period 2018-2027

Table 65: South Korean Asphalt Historic Market Analysis in
Thousand Tons by Application: 2012-2019

Table 66: Asphalt Market Share Distribution in South Korea by
Application: 2012 VS 2020 VS 2027

REST OF ASIA-PACIFIC
Table 67: Rest of Asia-Pacific Demand Estimates and Forecasts
for Asphalt in Thousand Tons by Application: 2020 to 2027

Table 68: Rest of Asia-Pacific Asphalt Market in Thousand Tons
by Application: 2012-2019

Table 69: Asphalt Market Share Shift in Rest of Asia-Pacific by
Application: 2012 VS 2020 VS 2027

LATIN AMERICA
Table 70: Latin American Asphalt Market Trends by
Region/Country in Thousand Tons: 2020-2027

Table 71: Asphalt Market in Latin America in Thousand Tons by
Region/Country: A Historic Perspective for the Period 2012-2019

Table 72: Latin American Asphalt Market Percentage Breakdown of
Sales by Region/Country: 2012, 2020, and 2027

Table 73: Latin American Demand for Asphalt in Thousand Tons by
Application: 2020 to 2027

Table 74: Asphalt Market Review in Latin America in Thousand
Tons by Application: 2012-2019

Table 75: Latin American Asphalt Market Share Breakdown by
Application: 2012 VS 2020 VS 2027

ARGENTINA
Table 76: Argentinean Asphalt Addressable Market Opportunity in
Thousand Tons by Application: 2020-2027

Table 77: Asphalt Market in Argentina: Summarization of
Historic Demand in Thousand Tons by Application for the Period
2012-2019

Table 78: Argentinean Asphalt Market Share Analysis by
Application: 2012 VS 2020 VS 2027

BRAZIL
Table 79: Asphalt Quantitative Demand Analysis in Brazil in
Thousand Tons by Application: 2020-2027

Table 80: Brazilian Asphalt Historic Market Review in Thousand
Tons by Application: 2012-2019

Table 81: Brazilian Asphalt Market Share Analysis: A 17-Year
Perspective by Application for 2012, 2020, and 2027

MEXICO
Table 82: Asphalt Market in Mexico: Annual Sales Estimates and
Forecasts in Thousand Tons by Application for the Period
2020-2027

Table 83: Mexican Asphalt Market in Retrospect in Thousand Tons
by Application: 2012-2019

Table 84: Asphalt Market Share Distribution in Mexico by
Application: 2012 VS 2020 VS 2027

REST OF LATIN AMERICA
Table 85: Rest of Latin America Asphalt Latent Demand Forecasts
in Thousand Tons by Application: 2020 to 2027

Table 86: Asphalt Historic Demand Patterns in Rest of Latin
America by Application in Thousand Tons for 2012-2019

Table 87: Asphalt Market Share Breakdown in Rest of Latin
America by Application: 2012 VS 2020 VS 2027

MIDDLE EAST
Table 88: The Middle East Asphalt Market Estimates and
Forecasts in Thousand Tons by Region/Country: 2020-2027

Table 89: Asphalt Market in the Middle East by Region/Country
in Thousand Tons: 2012-2019

Table 90: The Middle East Asphalt Market Share Breakdown by
Region/Country: 2012, 2020, and 2027

Table 91: The Middle East Asphalt Market Quantitative Demand
Analysis in Thousand Tons by Application: 2020 to 2027

Table 92: Asphalt Market in the Middle East: Summarization of
Historic Demand Patterns in Thousand Tons by Application for
2012-2019

Table 93: The Middle East Asphalt Market Share Analysis by
Application: 2012 VS 2020 VS 2027

IRAN
Table 94: Iranian Demand Estimates and Forecasts for Asphalt in
Thousand Tons by Application: 2020 to 2027

Table 95: Iranian Asphalt Market in Thousand Tons by
Application: 2012-2019

Table 96: Asphalt Market Share Shift in Iran by Application:
2012 VS 2020 VS 2027

ISRAEL
Table 97: Israeli Asphalt Addressable Market Opportunity in
Thousand Tons by Application: 2020-2027

Table 98: Asphalt Market in Israel: Summarization of Historic
Demand in Thousand Tons by Application for the Period 2012-2019

Table 99: Israeli Asphalt Market Share Analysis by Application:
2012 VS 2020 VS 2027

SAUDI ARABIA
Table 100: Saudi Arabian Demand for Asphalt in Thousand Tons by
Application: 2020 to 2027

Table 101: Asphalt Market Review in Saudi Arabia in Thousand
Tons by Application: 2012-2019

Table 102: Saudi Arabian Asphalt Market Share Breakdown by
Application: 2012 VS 2020 VS 2027

UNITED ARAB EMIRATES
Table 103: Asphalt Market in the United Arab Emirates: Recent
Past, Current and Future Analysis in Thousand Tons by
Application for the Period 2018-2027

Table 104: United Arab Emirates Asphalt Historic Market
Analysis in Thousand Tons by Application: 2012-2019

Table 105: Asphalt Market Share Distribution in United Arab
Emirates by Application: 2012 VS 2020 VS 2027

REST OF MIDDLE EAST
Table 106: Asphalt Market in Rest of Middle East: Annual Sales
Estimates and Forecasts in Thousand Tons by Application for the
Period 2020-2027

Table 107: Rest of Middle East Asphalt Market in Retrospect in
Thousand Tons by Application: 2012-2019

Table 108: Asphalt Market Share Distribution in Rest of Middle
East by Application: 2012 VS 2020 VS 2027

AFRICA
Table 109: African Asphalt Latent Demand Forecasts in Thousand
Tons by Application: 2020 to 2027

Table 110: Asphalt Historic Demand Patterns in Africa by
Application in Thousand Tons for 2012-2019

Table 111: Asphalt Market Share Breakdown in Africa by
Application: 2012 VS 2020 VS 2027

IV. COMPETITION
Total Companies Profiled: 89