글로벌 재활용 아스팔트 시장 – 2029년까지의 산업 동향 및 예측

시장 분석 및 규모

지난 몇 년 동안 건설 산업은 엄청난 성장을 이루었습니다. 또한 재활용 아스팔트는 도로 건설을 위한 최종 사용 산업 전반에서 엄청난 인기를 얻었으며 재활용 아스팔트의 다른 용도로는 평평한 지붕 밀봉 및 지붕 생산과 같은 방수 제품이 있습니다. 도로 건설 및 포장과 지붕에 대한 사용이 꾸준히 증가함에 따라 시장은 예상 기간 동안 수익성 있게 성장할 것으로 추산됩니다.

글로벌 재활용 아스팔트 시장은 2021년에 78억 4천만 달러로 평가되었으며, 2029년까지 116억 8천만 달러에 도달할 것으로 예상되며, 2022-2029년 예측 기간 동안 5.10%의 CAGR을 기록할 것입니다. Data Bridge Market Research 팀이 큐레이팅한 시장 보고서에는 시장 가치, 성장률, 시장 세그먼트, 지리적 범위, 시장 참여자, 시장 시나리오와 같은 시장 통찰력 외에도 심층적인 전문가 분석, 수입/수출 분석, 가격 분석, 생산 소비 분석, 기후 사슬 시나리오가 포함되어 있습니다.

보고 범위 및 시장 세분화

Market Definition

Recycled asphalt or reclaimed asphalt is processed pavement containing asphalt and aggregates. Production of virgin asphalt propels CO2 emissions as it requires the burning of fossil fuels, but recycled production of asphalt magnifies environmental pollution and endangers frugal nature of natural resources in the process. Therefore recycled asphalt is the effective method to reduce the overall production of toxins.

Recycled Asphalt Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

• High Usage for Roofing Applications

The recycled asphalt is primarily used for waterproofing in roofing applications. As a result, demand for recycled asphalt is expected to rise as they are highly adopted for the roofing applications across the globe.

• Surging Inclination towards the Environmentally-Friendly Asphalts

Globally, increased global warming and energy consumption have prompted the use of recycled asphalt. Recycling asphalt for road reconstruction, patching, and small pathway construction is sustainable. As a result of these various environmentally friendly factors, the recycled asphalt demand is increasing, largely favoring the market.

Furthermore, the factors such as the increasing need for industrial modernization, rapid urbanization and the increasing adoption of emulsified asphalt as well as polymer-modified asphalt are also contributing to the market's positive outlook. Furthermore, asphalt is a more cost-effective and long-lasting alternative to concrete, which is commonly used in the construction industry.

Opportunities

• Developments and Initiatives by Government

Furthermore, the market players are developing custom-made solutions and modern plant technologies to offer high-quality asphalt using recycling processes, extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Additionally, the government's emphasis on recycling initiatives and investments in recycled asphalt (RAP) can be used to reconstruct worn highway surfaces and repair damaged roads will further expand the future growth of the recycled asphalt market.

Restraints/Challenges

• Asphalt Price and Supply Volatility

The prices of asphalt are highly volatile because it is a petrochemical, and fluctuations in the price of petroleum are reflected in the price of asphalt. As asphalt is a primary raw material used in the construction of road pavements, fluctuating petrochemical prices result in an inconsistent supply, affecting construction projects undertaken by governments and road contractors. As a result, there is a growing preference for the use of substitutes for road pavements, such as concrete, gypsum, and bio asphalt. The recycled asphalt market is inextricably linked with the asphalt market. Therefore, volatility in asphalt prices and supply has an impact on the global recycled asphalt market over the forecast period.

• Dearth of Awareness

There is a lack of awareness among road builders and contractors in several emerging economies about the use and benefits of recycled asphalt. The advantages of using recycled asphalt in the construction of road pavements outweigh the costs. However, contractors and road builders in emerging economies do not consider these factors because they are concerned with lowering the cost of materials and construction. This factor is estimated to challenge the market growth.

This recycled asphalt market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the recycled asphalt market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Recycled Asphalt Market

The recent outbreak of coronavirus had a negative impact on the recycled asphalt market as the pandemic disrupted supply chains and delayed construction projects all over the world. To halt the spread of the coronavirus, most countries imposed strict lockdowns and curfews. This resulted in an economic downturn, with construction being one of the most severely impacted sectors due to a lack of raw materials, labor, and government regulations putting ongoing projects on hold. Over the forecast period, the aforementioned determinants will weigh the market's revenue trajectory over the forecast period.

On the brighter side, many local governments took initiatives in the third quarter of 2020 to resume construction work on roads, highways, and buildings. Since April 2020, Germany's Federal Ministry of Transport and Digital Infrastructure (BMVI) has resumed building and road construction. Countries such as Romania and India have resumed highway and road construction since the second half of 2020. Moreover, the market has recovered as a result of the resumption of production and manufacturing activities following the lockdowns. The market quickly recovered to its pre-COVID-19 state and began to grow by the end of 2020. This rapid growth is expected to continue throughout the forecast period.

Recent Development

• In February 2021, MnDOT's Twin Ports Interchange Project in Duluth has been accelerated by Ames-Kraemer Company LLC (Minnesota Department of Transportation). This project will improve safety by eliminating blind merges and left exits, replacing ageing infrastructure, and better-accommodating freight movements near the Clure Public Terminal.

Global Recycled Asphalt Market Scope

The recycled asphalt market is segmented on the basis of application, product type, end-use and type. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Application

• Path Material
• Hot-mix Asphalt
• Temporary Driveways and Roads
• Road Aggregate for Unpaved Roadways
• Interlocking Bricks
• New Asphalt Shingles
• Energy Recovery

Product Type

• Hot Recycling
• Cold Recycling

End-Use

• Commercial
• Industry
• Municipal

Type

• Black
• White
• Brown
• Gray
• White

Recycled Asphalt Market Regional Analysis/Insights

The recycled asphalt market is analyzed and market size insights and trends are provided by country, application, product type, end-use and type as referenced above.

The countries covered in the recycled asphalt market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the recycled asphalt market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the fact that recycled asphalt in paving mixes is permitted in several states in the United States, including Minnesota, Missouri, North Carolina, Ohio, Oregon, Texas, and Georgia.

반면 아시아 태평양 지역은 지속 가능한 건축 자재에 대한 수요가 증가하고 지역 내 신흥 경제권에서 인프라 개발이 확대되면서 2022~2029년 예측 기간 동안 수익성 있는 성장을 보일 것으로 추산됩니다.

보고서의 국가 섹션은 또한 현재 및 미래 시장 추세에 영향을 미치는 개별 시장 영향 요인과 시장 규제의 변화를 제공합니다. 다운스트림 및 업스트림 가치 사슬 분석, 기술 추세 및 포터의 5가지 힘 분석, 사례 연구와 같은 데이터 포인트는 개별 국가의 시장 시나리오를 예측하는 데 사용되는 몇 가지 포인터입니다. 또한 글로벌 브랜드의 존재 및 가용성과 지역 및 국내 브랜드와의 대규모 또는 희소한 경쟁으로 인해 직면한 과제, 국내 관세 및 무역 경로의 영향은 국가 데이터에 대한 예측 분석을 제공하는 동안 고려됩니다.   

경쟁 환경 및 재활용 아스팔트 시장 점유율 분석

재활용 아스팔트 시장 경쟁 구도는 경쟁자별 세부 정보를 제공합니다. 포함된 세부 정보는 회사 개요, 회사 재무, 창출된 수익, 시장 잠재력, 연구 개발 투자, 새로운 시장 이니셔티브, 글로벌 입지, 생산 현장 및 시설, 생산 용량, 회사의 강점과 약점, 제품 출시, 제품 폭과 범위, 응용 분야 우세입니다. 위에 제공된 데이터 포인트는 재활용 아스팔트 시장과 관련된 회사의 초점에만 관련이 있습니다.

재활용 아스팔트 시장에서 운영되는 주요 업체 중 일부는 다음과 같습니다.

• BASF SE(독일)
• 듀폰(미국)
• SOLVAY(벨기에)
• 3M(미국)
• 허니웰 인터내셔널 주식회사(미국)
• Corporate.Evonik(독일)
• 헌츠먼 인터내셔널 LLC(미국)
• GCP 응용 기술 주식회사(미국)
• RPM 인터내셔널(미국)
• Fosroc Inc.(영국)
• 다우(미국)
• 생고뱅(프랑스)
• Arkem SA(프랑스)
• 애슐랜드 주식회사(미국)
• Mapei SpA(이탈리아),
• 무후(중국)
• 건축자재유한공사(중국)
• 홀심(스위스)
• 누리온(네덜란드)
• 크레이튼 코퍼레이션(미국)
• 인지비티(미국)

SKU-56064