The US asphalt market will reach 38.8 million tons in 2009 based on new highway and road spending and a recovery in nonresidential building activity. Modified bitumen and built-up roofing will pace gains in the higher value roofing segment. Emulsified asphalt will benefit from the use of in-place recycling, microsurfacing and chip seal paving.
This study analyzes the $11.4 billion US asphalt industry. It presents historical demand data for 1994, 1999 and 2004 and forecasts to 2009 and 2014 by asphalt product (e.g., asphalt cement, asphalt emulsions, cutback asphalt, shingles, built-up roofing, modified bitumen roofing, roll roofing, construction products); by market (e.g., residential building, nonresidential building, nonbuilding construction); and by US geographic region.
The study also considers market environment trends and indicators, evaluates company market share and profiles 40 major players including CITGO Petroleum, Marathon Oil, Chevron, Valero Energy, BP, Oldcastle, APAC, Colas, Vulcan Materials, SemMaterials, GAFMC, CertainTeed, Owens Corning, ElkCorp, TAMKO, and Johns Manville.