Asphalt Forecasts by Product, Market and Region

As Quoted In Pit & Quarry

Government Funding & Reroofing Activity Driving US Asphalt Market

Asphalt Market Forecasts

A more favorable funding environment driven by the recent passage of The Fixing America’s Surface Transportation Act, rising housing starts, and increasing home improvement activity will bolster gains.

Key Findings in the Asphalt Market Forecasts Study:

Asphalt Emulsions & Asphalt Cement to Experience Healthy Growth

Paving products are expected to be the fastest growing over the forecast period. Recent legislation has addressed the needs to improve the nation’s roads, bridges, and other infrastructure, which has aided the current uptick in paving asphalt demand. Going forward, this influx of funding and increasing highway and street construction spending will fuel growth.

Highway & Street Repair Will Continue to Drive the Market

The nonbuilding market, which primarily consists of highway and street applications, will enjoy healthy advances through 2021. During the forecast period, efforts to improve and repair crumbling highways will boost demand for paving products used in nonbuilding applications.

Asphalt Shingles & Bitumen Membranes Demand in 2016 Benefiting from Recent Surge in Storm Activity

Demand for roofing asphalt products was at a high level in 2016 as the US experienced a number of severe weather events -- Winter Storm Jonas, severe hailstorms in Texas, and multiple outbreaks of thunderstorms and tornadoes -- that damaged numerous roofs across the nation. Through 2021, demand for roofing asphalt products will be supported by strong growth in housing starts.

Study Coverage

This study presents historical demand data (2006, 2011, and 2016) and forecasts (2021) by product (paving asphalt and roofing asphalt) and market (residential, nonresidential, and nonbuilding). The study also evaluates company market share and competitive analysis on industry competitors including CertainTeed, GAF Materials, Oldcastle Materials, and Owens Corning.

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Purchase Asphalt Forecasts by Product, Market and Region by the Section

  1. Asphalt Forecasts by Product, Market and Region

    $4,900.00

    1. 1 EXECUTIVE SUMMARY

      $201.00

      1. Figure 1-1 | Key Trends in the US Asphalt Market

    2. 2 OVERVIEW

      $1,554.00

      1. 2.1 Key Findings

        $82.00

        1. Figure 2-1 | US Asphalt Market Overview

      2. 2.2 Outlook for Asphalt by Product Type

        $583.00

        1. 2.2.1 Demand Overview

          $82.00

          1. Table | Asphalt Demand by Product, 2006 - 2021

        2. 2.2.2 Paving Asphalt Products

          $176.00

          1. Figure 2-2 | Paving Asphalt Products Demand, 2006 - 2021

        3. 2.2.3 Roofing & Other Asphalt Products

          $161.00

          1. Figure 2-3 | Roofing & Other Asphalt Products Demand, 2006 - 2021

        4. 2.2.4 Foreign Trade

          $170.00

          1. Table | US Asphalt Products Foreign Trade, 2006 - 2021

          2. Figure 2-4 | US Asphalt Products Foreign Trade, 2006 - 2016

      3. 2.3 Historical Market Trends

        $379.00

        1. 2.3.1 Overview

          $124.00

          1. Table | US Asphalt Market, 2006 - 2016

        2. 2.3.2 Paving Asphalt Products

          $154.00

          1. Figure 2-5 | Paving Asphalt Historical Market Trends, 2006 - 2016

        3. 2.3.3 Roofing & Other Asphalt Products

          $98.00

          1. Figure 2-6 | Roofing & Other Asphalt Historical Market Trends, 2006 - 2016

      4. 2.4 Refined Asphalt Pricing

        $97.00

        1. Figure 2-7 | Crude Oil & Refined Asphalt Price Volatility, 2006 - 2016

      5. 2.5 Asphalt Market Seasonality

        $118.00

      6. 2.6 Refined Petroleum Product Trends

        $312.00

        1. Table | Refined Petroleum Products Supply & Demand, 2006 - 2021

    3. 3 MARKETS

      $1,722.00

      1. 3.1 Key Findings

        $82.00

        1. Figure 3-1 | Key Trends in US Asphalt Markets

      2. 3.2 Demand by Market

        $105.00

        1. Table | Asphalt Demand by Market, 2006 - 2021

      3. 3.3 Residential

        $511.00

        1. 3.3.1 Residential Market Definition

          $82.00

        2. 3.3.2 Residential Market Forecasts

          $82.00

          1. Figure 3-2 | Residential Asphalt Demand, 2006 - 2021

        3. 3.3.3 Residential Market: Demand by Application

          $177.00

          1. Table | Residential Asphalt Demand by Application, 2006 - 2021

        4. 3.3.4 Residential Market: Demand by Product

          $246.00

          1. Table | Residential Asphalt Demand by Product, 2006 - 2021

      4. 3.4 Nonresidential

        $565.00

        1. 3.4.1 Nonresidential Market Definition

          $82.00

        2. 3.4.2 Nonresidential Market Forecasts

          $119.00

          1. Figure 3-3 | Nonresidential Building Asphalt Demand, 2006 - 2021

        3. 3.4.3 Nonresidential Market: Demand by Application

          $210.00

          1. Table | Nonresidential Asphalt Demand by Application, 2006 - 2021

        4. 3.4.4 Nonresidential Market: Demand by Product

          $174.00

          1. Table | Nonresidential Asphalt Demand by Product, 2006 - 2021

      5. 3.5 Nonbuilding

        $474.00

        1. 3.5.1 Nonbuilding Market Definition

          $82.00

        2. 3.5.2 Nonbuilding Market Forecasts

          $82.00

          1. Figure 3-4 | Nonbuilding Asphalt Demand, 2006 - 2021

        3. 3.5.3 Nonbuilding Market: Demand by Application

          $209.00

          1. Table | Nonbuilding Asphalt Demand by Application, 2006 - 2021

        4. 3.5.4 Nonbuilding Market: Demand by End Use

          $193.00

          1. Table | Nonbuilding Asphalt Demand by End Use, 2006 - 2021

          2. Figure 3-5 | Highway & Street Asphalt Demand, 2006 - 2021

    4. 4 REGIONS

      $3,209.00

      1. 4.1 Key Findings

        $82.00

        1. Figure 4-1 | Regional Asphalt Market

      2. 4.2 Asphalt Demand by Region

        $184.00

        1. Table | US Asphalt Demand by Region, 2006 - 2021

        2. Figure 4-2 | Regional Asphalt Demand Shares, 2006 - 2021

      3. 4.3 Northeast

        $690.00

        1. 4.3.1 Northeast: Overview

          $82.00

          1. Figure 4-3 | Northeast Asphalt Demand, 2006 - 2021

        2. 4.3.2 Northeast: Demand by Product

          $126.00

          1. Table | Northeast Asphalt Demand by Product, 2006 - 2021

        3. 4.3.3 Northeast: Demand by Subregion

          $514.00

          1. Table | Northeast Asphalt Demand by Subregion, 2006 - 2021

          2. Table | New England Asphalt Demand by Product, 2006 - 2021

          3. Table | Middle Atlantic Asphalt Demand by Product, 2006 - 2021

      4. 4.4 Midwest

        $657.00

        1. 4.4.1 Midwest: Overview

          $82.00

          1. Figure 4-4 | Midwest Asphalt Demand, 2006 - 2021,

        2. 4.4.2 Midwest: Demand by Product

          $194.00

          1. Table | Midwest Asphalt Demand by Product, 2006 - 2021

        3. 4.4.3 Midwest: Demand by Subregion

          $424.00

          1. Table | Midwest Asphalt Demand by Subregion, 2006 - 2021

          2. Table | East North Central Asphalt Demand by Product, 2006 - 2021

          3. Table | West North Central Asphalt Demand by Product, 2006 - 2021

      5. 4.5 South

        $930.00

        1. 4.5.1 South: Overview

          $82.00

          1. Figure 4-5 | South Asphalt Demand, 2006 - 2021

        2. 4.5.2 South: Demand by Product

          $174.00

          1. Table | South Asphalt Demand by Product, 2006 - 2021

        3. 4.5.3 South: Demand by Subregion

          $688.00

          1. Table | South Asphalt Demand by Subregion, 2006 - 2021

          2. Table | South Atlantic Asphalt Demand by Product, 2006 - 2021

          3. Table | East South Central Asphalt Demand by Product, 2006 - 2021

          4. Table | West South Central Asphalt Demand by Product, 2006 - 2021

      6. 4.6 West

        $696.00

        1. 4.6.1 West: Overview

          $82.00

          1. Figure 4-6 | West Asphalt Demand, 2006 - 2021

        2. 4.6.2 West: Demand by Product

          $161.00

          1. Table | West Asphalt Demand by Product, 2006 - 2021

        3. 4.6.3 West: Demand by Subregion

          $491.00

          1. Table | West Asphalt Demand by Subregion, 2006 - 2021

          2. Table | Mountain Asphalt Demand by Product, 2006 - 2021

          3. Table | Pacific Asphalt Demand by Product, 2006 - 2021

    5. 5 INDUSTRY STRUCTURE

      $3,279.00

      1. 5.1 Key Findings & Industry Composition

        $287.00

        1. Table | US Asphalt Market Sales by Company, 2016

      2. 5.2 Market Share

        $524.00

        1. Figure 5-1 | Asphalt Industry Market Share*, 2016

        2. Figure 5-2 | US Asphalt Market: Leading Supplier

        3. Figure 5-3 |US Asphalt Market: Second Leading Supplier

        4. Figure 5-4 | US Asphalt Market: Third Leading Supplier

        5. Figure 5-5 | US Asphalt Market: Fourth Leading Supplier

      3. 5.3 Asphalt Refinery Capacity

        $123.00

        1. Table | US Asphalt Refining Capacity, 2016

      4. 5.4 Refined Asphalt Production

        $457.00

        1. 5.4.1 Output by Region

          $127.00

          1. Table | US Refined Asphalt Production by Region & Subregion, 2016

          2. Figure 5-6 | US Asphalt Production, 2006 - 2016

        2. 5.4.2 South

          $147.00

        3. 5.4.3 Midwest

          $83.00

        4. 5.4.4 West

          $82.00

        5. 5.4.5 Northeast

          $82.00

      5. 5.5 Mergers & Acquisitions

        $299.00

        1. Table | Selected Acquisitions & Divestitures

      6. 5.6 Manufacturing

        $271.00

        1. 5.6.1 Manufacturing Overview

          $82.00

        2. 5.6.2 Paving Asphalt Products

          $134.00

        3. 5.6.3 Roofing Asphalt Products

          $85.00

      7. 5.7 Marketing & Distribution

        $615.00

        1. 5.7.1 Paving Asphalt Products

          $290.00

        2. 5.7.2 Roofing Asphalt Products

          $322.00

      8. 5.8 Cooperative Agreements

        $131.00

        1. Table | Selected Cooperative Agreements

      9. 5.9 List of Industry Participants

        $570.00

    6. 6 APPENDIX

      $3,771.00

      1. 6.1 Scope

        $119.00

        1. Table | 2012 NAICS & SIC Codes for Asphalt Products

      2. 6.2 Methodology

        $92.00

      3. 6.3 Sources

        $107.00

      4. 6.4 Related Freedonia Group Studies

        $82.00

      5. 6.5 Definitions

        $563.00

        1. Table | Paving Asphalt Products Definitions & Applications

        2. Table | Roofing Asphalt Products Definitions & Applications

      6. 6.6 Abbreviations

        $82.00

        1. Table | Abbreviations Used in Study

      7. 6.7 Macroeconomic Assumptions

        $2,337.00

        1. 6.7.1 Economic Environment

          $215.00

          1. Table | Macroeconomic Indicators, 2006 - 2021

          2. Figure 6-1 | Annual Growth in Real GDP, 2000 - 2016, Compared to 1980 - 2005 Average

        2. 6.7.2 Demographic Trends

          $216.00

          1. Table | Population & Households, 2006 - 2021

          2. Figure 6-2 | Annual Population Growth, 2001 - 2016

        3. 6.7.3 Construction Expenditures

          $184.00

          1. Table | Construction Expenditures, 2006 - 2021

        4. 6.7.4 Building Construction

          $144.00

          1. Table | Building Construction Expenditures, 2006 - 2021

        5. 6.7.5 Residential Construction

          $152.00

          1. Table | Residential Construction Expenditures, 2006 - 2021

        6. 6.7.6 Residential Improvements & Repairs

          $120.00

          1. Table | Residential Improvement & Repair Expenditures, 2006 - 2021

        7. 6.7.7 Housing Stock

          $167.00

          1. Table | Housing Stock by Type, 2006 - 2021

          2. Figure 6-3 | Housing Stock by Year of Construction, 2016

        8. 6.7.8 Housing Starts

          $109.00

          1. Table | New Housing Indicators, 2006 - 2021

        9. 6.7.9 Nonresidential Building Construction

          $228.00

          1. Table | Nonresidential Building Construction Expenditures, 2006 - 2021

        10. 6.7.10 Nonresidential Building Improvements & Repairs

          $93.00

          1. Table | Nonresidential Building Improvement & Repair Expenditures, 2006 - 2021

        11. 6.7.11 Nonbuilding Construction Expenditures

          $122.00

          1. Table | Nonbuilding Construction Expenditures, 2006 - 2021

        12. 6.7.12 Consumer Financing

          $278.00

          1. Table | Consumer Financing Environment, 2006 - 2016

        13. 6.7.13 Consumer Spending

          $182.00

          1. Table | Personal Consumption Expenditures, 2006 - 2021

        14. 6.7.14 Highway Mileage

          $82.00

          1. Table | US Public Road Lane Miles, 2006 - 2021

        15. 6.7.15 Highway Spending

          $82.00

          1. Table | US Highway Spending, 2006 - 2021

      8. 6.8 Regional Macroeconomic Assumptions

        $443.00

        1. 6.8.1 Regional Overview

          $82.00

        2. 6.8.2 Regional Population

          $219.00

          1. Table | Population by Region, 2006 - 2021

          2. Figure 6-4 | Share of Population by Region, 2006 - 2021

        3. 6.8.3 Regional Economic Outlook

          $97.00

          1. Table | Gross Domestic Product by Region, 2006 - 2021

        4. 6.8.4 Regional Construction Spending

          $95.00

          1. Table | Construction Expenditures by Region, 2006 - 2021

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