Demand for asphalt in China will rise six percent annually through 2010, driven by strong gains in road and building construction. Paving applications will outpace roofing and remain dominant. Asphalt shingles and modified bitumen membranes will gain market share in roofing while asphalt built-up and roll types will lose ground.
This study analyzes the 23.3 billion Chinese asphalt market. It presents historical demand data for 1995, 2000 and 2005 and forecasts to 2010 and 2015 by product (e.g., primary asphalt, asphalt cement, asphalt emulsions, cutback asphalts, build-up and roll roofing, modified bitumen roofing, asphalt shingles); by market (e.g., nonbuilding construction, nonresidential building construction, residential building construction); and by geographic region.
The study also considers market environment factors, details industry structure, evaluates company market share and profiles 33 leading competitors including China Petroleum & Chemical, PetroChina, China National Offshore Oil, Qingdao Guangyuanfa Group, Shandong Befar Group, and Panjin Northern Asphalt.