Demand for asphalt in China is expected to rise five percent annually through 2012. Asphalt consumed in the manufacture of paving products will outpace roofing uses, driven by extensive infrastructure projects in paved surface construction. The ongoing Flat to Slope roof conversion project will benefit asphalt shingles.
This study analyzes the 13.2 million metric ton asphalt industry in China. It presents historical demand data for the years 1997, 2002 and 2007, and forecasts for 2012 and 2017 by product (e.g., asphalt cement, asphalt emulsions, cutback asphalts, built-up and roll roofing, modified bitumen roofing, asphalt shingles), new construction and maintenance/repairs markets, and geographic region.
The study also considers market environment factors, details industry, evaluates company market share and profiles 19 industry participants, including China Petroleum & Chemical, China National Petroleum, and China National Offshore Oil.