Demand for recycled asphalt increased by approximately 4.7% CAGR by 2033

The sales of recycled asphalt market surpassed US$ 6.9 Bn by the end of 2021. The market is expected to accumulate US$ 10.7 Bn by 2031, expected to surge 1.5x throughout the forthcoming decade. Also, demand for hot recycled asphalt will likely reign supreme, accumulating over 60% market revenue.

Offering in this portion accompanies many open doors including item making, appropriation, retail, and show administrations. Extensive rounds of far-reaching essential and optional exploration were used by Fact.MR examiners to present different assessments and projections for the recycled asphalt market demand at both the global and provincial levels.

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The examiners used various large and substantial business knowledge devices to combine facts, figures and market information in their income assessments and market projections.

Key partners in the marketplace, including industry players, policy makers and financiers in several countries, have constantly realigned their systems and the ways to manage them to take advantage of the newly opened doors. Many have recently updated their procedures to stay coordinated in the context of the general unrest caused by the COVID-19 pandemic.

Key segments covered

  • Type

    • Hot recycling of asphalt
    • Cold recycling of asphalt
  • Application

    • Patch material
    • Hot mixed asphalt
    • Walkways and temporary roads
    • Road aggregate
    • Interlocking bricks
    • New asphalt shingles
    • Energy recovery

What do you get in a Fact.MR study?

  • Factors influencing the overall development of the global Recycled Asphalt market
  • Factor that could restrain the growth of the global market in the coming years of the forecast period.
  • What is the current competitive scenario of the global Recycled Asphalt market and its intricate details regarding the potential business prospects of the key market players
  • Pricing strategies of different market players in the global Recycled Asphalt market

Market Players: –

  • Bodeana Company
  • Cherry companies
  • lowest group
  • GAF materials
  • Lone star pavement
  • Owen Corning
  • Pavement Recycling System, Inc.
  • The company Kraemer LLC
  • Wirtgen Group
  • Sure Teed

Regional analysis includes

  • North America (USA, Canada)
  • Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
  • EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
  • CIS and Russia
  • Japan
  • Asia Pacific Ex-Japan (Greater China, India, South Korea, ASEAN Countries, Rest of EPAJ)

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