Report highlights fresh US demand for asphalt

A report from the US-based research firm Freedonia suggests that demand for asphalt in the country looks set to increase 3.7%/year to 25.17 million tonnes in 2017. US demand for asphalt is expected to grow from the low levels in 2012 due to an increase in spending on highway and road construction, as well as building. However, the report suggests that asphalt demand in 2017 will not reach the levels seen in 2007. Rising use of recycled asphalt pavement (RAP) and a growth in the market for rehabilitating
September 3, 2013 Read time: 1 min
A report from the US-based research firm Freedonia suggests that demand for asphalt in the country looks set to increase 3.7%/year to 25.17 million tonnes in 2017.  US demand for asphalt is expected to grow from the low levels in 2012 due to an increase in spending on highway and road construction, as well as building.  However, the report suggests that asphalt demand in 2017 will not reach the levels seen in 2007.  Rising use of recycled asphalt pavement (RAP) and a growth in the market for rehabilitating and repairing older or worn surfaces, instead of laying new surfaces, will restrict asphalt demand. The 2821 Freedonia Group has a complete study, titled Asphalt, on the subject.

For more information on companies in this article

Related Content

  • Resilient roads: sector cooperation is the key
    March 11, 2021
    Now is the time for national road agencies and the private sector to cooperate on building more climate resilient roads, urges Dr Erik Denneman*.
    Read More
  • Innovative asphalt production solutions from Marini
    May 24, 2019
    Marini has developed an innovative solution for asphalt production, able to use up to 100% RAP in the mix - Mike Woof writes Italian firm Marini has long been one of the leaders in the field of asphalt plant design and development, competing against other key companies in the segment based in the US, Switzerland and Germany. Marini is expanding its range, with what it claims will be a revolutionary system for using recycled asphalt pavement (RAP) in asphalt mixes, as well as further additions to its mobi
    Read More
  • High production asphalt pavers deliver performance
    February 28, 2012
    US style high production pavers are seeing key performance gains - Mike Woof reports. Exhaust emissions regulations and ever tougher safety requirements have pushed manufacturers to develop new and improved pavers aimed at the US market. The rivalry between manufacturers of these machines has also intensified. European manufacturers have developed their own US style pavers in recent years. BOMAG, Dynapac and Vögele have all designed machines using the benefit of their US engineering input in a bid to target
    Read More
  • Efficient asset management to trim maintenance budgets
    January 22, 2014
    Transport infrastructure is taken for granted in many, if not most, developed countries. This has resulted in a shortage of investment in maintenance, posing potential long term cost issues. In many developing nations transport networks are expanding fast, but insufficient thought is also being given to how these will be maintained.
    Read More

Highlighted Content