Freedonia In The News

Article Title: Asphalt market to rebound
By: Sarah Ann McCay
Publication: International Construction, 2/28/2012
Freedonia Study: World Asphalt (2847)

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The world market for asphalt is forecast to grow +4.1% annually over the next five years to 119.5 million tonnes by 2015. According to figures from research company Freedonia, 2010 to 2015 will see resurgence in the use of asphalt, following weak demand in 2005 to 2010. High petroleum prices combined with economic weakness and declining construction activity resulted in a drop in consumption in many of the world's most developed asphalt markets over the 2005 to 2010 period.
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