Allied Market Research

2024

Asphalt Mixing Plants Market

Asphalt Mixing Plants Market Size, Share, Competitive Landscape and Trend Analysis Report, by Product Type, by Application, by Production Capacity and, by End User : Global Opportunity Analysis and Industry Forecast, 2023-2032

CM : Engineering, Equipment and Machinery

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Author's: | Sonia Mutreja
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Asphalt plants are also known as asphalt mixing plantsformed by mixing dry warm material, padding, and hydrocarbons formed by petrol oil factories and coal distillation.. Asphalt is prepared using raw materials such as sand, aggregates, stone dust, and bitumen.These plants areused in different applications, such as road construction, parking lots, and airport construction. Asphalt mixing plants arecombination of electronic and mechanical machinery, where asphalt is produced as a hot mixture. Asphalt storage, carbon burner, dust collector, vibrating screen filter supply system, hot aggregate collector, coal feeder, weighing & mixing system, cold aggregate supply system, and drum dryer are different machineries used in asphalt mixing plants.

Drum mix, batch mix and continuous mix are different types of asphalt mixing plants. Drum mix asphalt are used for constructing roadsand usually has a capacity of 240t/h - 320t/h. It is a combination of cement, gravel, tar, and homogeneous mixture of sand that finds its application in road construction, parking lots, and infrastructure. This boosts the demand for asphalt mixing plants in the market. Batch mix combines different ingredients to form concrete such as water, air, sand, silica, cement, and slag and has capacity of below 240t/h. This type of asphalt is used for road construction and pedestrian paths. Continuous mix plant blends the ingredients in the dryer drum, which is elongated, as it dries and mixes the material at the same time and has capacity ofabove 320t/h. 

Over the pastfew years, the construction and transportation sector has experienced rapid growth, which in turn is expected to drive the growth of the global asphalt mixing plants market. Surge in demand for the asphalt mixing plants market in various sectors such as building, tunnel construction, highway, and bridge is expected to drive the growth of the global asphalt mixing plants market. In addition, rise in infrastructure investments in developing countries is expected to foster the growth of the global asphalt mixing plants market during the forecast period. This in turn holds potential growth for infrastructure construction projects at a global scale.

Asphalt mixing plants are used for road construction. Therefore, increase in investment in the development of roads and infrastructure is expected to drive the growth of the global asphalt mixing plants market. In addition, surge in sales of commercial and passenger vehicle is anticipated to boost the market growth. Further, rise in demand for these plants in China, the U.S., the UAE, Germany, India, and Japan boost the market growth. However, environmental risk factors, such as increase in pollution levels from asphalt mixing plants restrain the market growth. To overcome this risk, manufacturers are focusing on investment in R&D. In addition, continuous amendments in the government budgets related to residential and commercial construction industries create growth opportunities for the global asphalt mixing plants market. Credit availability is another significant market challenge, as the asphalt mixing industry is a part of the infrastructure segment, which needs huge funding, along with considerable working capital.

The asphalt mixing plants market is segmented intoproduct type, application, production capacity, end user, and region. By product type, it is differentiated into batch mix, drum mix, and continuous mix. By application, it is categorized into road construction, pedestrian paths, bridge, and parking lots. By production capacity, it is classified intobelow 240t/h, 240t/h-320t/h and above 320t/h. By end user, it is differentiated as residential and non-residential. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Some of the key players operating in the global asphalt mixing plants market include Speedcrafts Limited, Simge Group, CEI Enterprise, Atlas Industries, DELTA Group, BSS Heavy Machinery GMBH, CIBER, Parker Plant Limited, FAB-INDIA Industries, and Beston Machinery Company Limited.

Key Benefits for Stakeholders

  • The study provides an in-depth analysis of the current & future trends of the global asphalt mixing plantsmarket to elucidate imminent investment pockets.

  • Information about key drivers, restraints, opportunities, and their impact analysis on the market has been provided.

  • Porter’s five forces analysis illustrates the potency of buyers & suppliers that operate in the industry.

  • The quantitative analysis of the global asphalt mixing plants market has been provided to determine the market potential.

Asphalt Mixing Plants Market Report Highlights

Aspects Details
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By Product Type
  • Batch Mix
  • Drum Mix
  • Continuous Mix
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By Application
  • Road Construction
  • Parking Lots
  • Pedestrian Paths
  • Bridge
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By Production Capacity
  • Below 240t/h
  • 240t/h-320t/h
  • Above 320t/h
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By End User
  • Residential
  • Non-residential
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By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, Spain, UK, Russia, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)
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Key Market Players

Benninghoven, 4B Construction Corporation, Speed Crafts, Arky Construction, AMMANN Group, MARINI S.p.A, ASTEC, Atlas industries, Nikko Company Limited, Solmec Earthmovers Pvt. Ltd

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Asphalt Mixing Plants Market

Global Opportunity Analysis and Industry Forecast, 2023-2032