Study #: 3846 | Published: 10/2020 | Pages: 141 | Individual User License: US$ 6,300

Global asphalt demand is dominated by paving asphalt, which accounts for 87% of demand. Gains will therefore be driven by paving applications, such as China’s massive Belt and Road Initiative, India’s rapidly growing paved highway network, and increasing maintenance spending in mature markets such as the US and Western Europe.

Roofing represents the next largest application for asphalt, with demand supported by the large asphalt shingle reroofing market in the US and Canada, as well as by the expanding low-slope bituminous roofing market in nonresidential applications in China.

For more market coverage of asphalt markets, see the following Freedonia Group studies:

Asphalt Market Forecasts

Asphalt Shingles Market in the US

Commercial Roofing

Global Housing

Global Roofing

Low-Slope Roofing

Additional information from Freedonia Focus is available in these reports: Commercial Building Construction: United States, Construction: United States, and more.


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Table of Contents

1. About This Report

2. Executive Summary

3. Global Market Overview

Asphalt Demand by Region

Asphalt Demand by Product

Asphalt Production by Region

Asphalt New Exports by Region

Impact of COVID-19 Pandemic

4. North America

US

Canada

Mexico

5. Central & South America

Brazil

Other Central & South America

6. Western Europe

Germany

France

UK

Italy

Spain

Other Western Europe

7. Eastern Europe

Russia

Poland

Other Eastern Europe

8. Asia/Pacific

China

India

Japan

South Korea

Indonesia

Australia

Other Asia/Pacific

9. Africa/Mideast

Turkey

Other Africa/Mideast

10. Market Share

Paving Asphalt

Roofing Asphalt

11. Additional Information


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