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Global Recycled Asphalt Market by Type (Hot Recycling and Cold Recycling) and Application (Patch Material, Hot-Mix Asphalt, Temporary Driveways & Roads, Road Aggregate for Unpaved Roadways, Interlocking Bricks, New Asphalt Shingles, and Energy Recovery): Global Opportunity Analysis and Industry Forecast, 2020–2027

A09455
Pages: 240
Jan 2021 | 1132 Views
 
Author(s) : Yamini Parihar , Eswara Prasad
Tables: 149
Charts: 51
 

COVID-19

Pandemic disrupted the entire world and affected many industries.

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The recycled asphalt market was valued at $7.1 billion in 2019, and is anticipated to generate $10.4 billion by 2027. The market is projected to experience growth at a CAGR of 5.9% from 2020 to 2027.

Recycled asphalt market suffered medium impact during the pandemic outbreak as the infrastructural and construction activities decreased that impacted the demand for the product.

Recycled asphalt processing is done by crushing the surface layer of existing asphalt site. The recycled asphalt is used in reconstruction and resurfacing purposes. They are also used in preparing asphalt shingles for roofing. Moreover, it reduces consumption of natural resources such as water and coal. Shingles and ground tire rubber are able to be integrated into asphalt. This reduces the virgin material need while providing an incredibly useful for home materials that would otherwise be in landfills. 

Recycled-Asphalt-Market-2020-2027

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Just as reclaimed asphalt is integrated into new asphalt, so are shingles. Nearly 10 million tons of shingles are disposed of each year with nearly 1.5 million tons be reused in asphalt. Shingle waste is generated from either manufacturer waste or tear offs from roofs.

The recycled asphalt market is segmented on the basis of type, application, and region. By type, the market is bifurcated into hot recycling and cold recycling. By application, the market is divided into patch material, hot-mix asphalt, temporary driveways & roads, road aggregate for unpaved roadways, interlocking bricks, new asphalt shingles, and energy recovery. 

By region, recycled asphalt market analysis is done across North America, Europe, Asia-Pacific, and LAMEA. The key players operating in the market are Tokuyama Corporation, Evonik Industries AG, Merck Millipore Limited, Nippon Chemical Industrial Co. Ltd., PQ Group Holdings Inc., Occidental Petroleum Corporation, CIECH S.A., Sinchem Silica Gel Co. Ltd., Shijiazhuang Shuanglian Chemical Industry Co. Ltd., and Kiran Global Chem Limited.

Recycled Asphalt Market, by Type 

By type, the recycled asphalt is divided into hot recycling and cold recycling. The hot recycling segment dominated the market share in 2019. This was attributed to benefits such as repaving is performed as either a single or multiple pass operation on-site. As the work is done on-site it reduces logistics cost and drives the market growth. Moreover, it is also expected to grow at a higher CAGR during the forecast period, owing to ease of handling and processing.

Global Recycled Asphalt Market
By Type

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Cold recycling is projected as the most lucrative segment.

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Recycled Asphalt Market, by Application

The application segment is divided into patch material, hot-mix asphalt, temporary driveways & roads, road aggregate for unpaved roadways, interlocking bricks, new asphalt shingles, and energy recovery. The patch material segment dominated the market share in 2019, owing to wide use of recycled asphalt in re-surfacing and potholes. However, the road aggregate for unpaved roadways segment is expected to grow at a higher CAGR during the forecast period, owing to rising applications of recycled asphalt in unpaved roads as they have more fraction of aggregates that reduce use of virgin material for the same. 

Global Recycled Asphalt Market
By Application

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Road aggregate for unpaved roadways is projected as the most lucrative segment.

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Recycled asphalt Market, by Region

By region, the recycled asphalt market analysis is done across North America, Europe, Asia-Pacific, LAMEA (Latin America, Middle East, and Africa). North America dominated the market in 2019, owing to highly developed recycling process technologies. However, Asia-Pacific is projected to grow at a higher CAGR during the forecast period, owing to rising application of recycled asphalt in reconstruction, resurfacing, and base development activities.

Global Recycled Asphalt Market
By Region

2027
North America 
Europe
Asia-pacific
Lamea

Asia-Pacific is projected as the most lucrative market.

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Key Benefits For Stakeholders

  • The report provides an in-depth analysis and recycled asphalt market forecast along with the current and future market trends.
  • This report highlights the key drivers, opportunities, and restraints of the recycled asphalt market along with the impact analyses during the forecast period.
  • Porter’s five forces analysis helps analyze the potential of the buyers & suppliers and the competitive scenario of the recycled asphalt industry for strategy building.
  • A comprehensive analysis of the factors that drive and restrain the recycled asphalt market growth is provided.
  • The qualitative data in this report aims on recycled asphalt market trends, dynamics, and developments.
  • The recycled asphalt market size is provided in terms of revenue.
  • The report provides extensive qualitative insights on the significant segments and regions exhibiting favorable recycled asphalt market share.

Key Market Segments

By Type 

  • Hot Recycling
  • Cold Recycling

By Application 

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

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific 
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific 
  • LAMEA
    • Brazil
    • South Africa
    • Saudi Arabia
    • Rest of LAMEA 

Key Players

  • Bodean Company
  • CertainTeed
  • Cherry Companies
  • Downer Group, 
  • GAF Materials
  • Lone Star Paving
  • Owens Corning
  • Pavement Recycling System, Inc.
  • The Kraemer Company, LLC
  • Wirtgen Group
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO perspective

CHAPTER 3:MARKET LANDSCAPE

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top investment pockets

3.3.Porter's five forces analysis
3.4.Value chain analysis
3.5.Market dynamics

3.5.1.Drivers

3.5.1.1.Environmental benefits
3.5.1.2.Economic benefits from using recycled asphalt

3.5.2.Restraint

3.5.2.1.Limitations in use of recycled asphalt

3.5.3.Opportunity

3.5.3.1.Development in custom solutions and technologies

CHAPTER 4:RECYCLED ASPHALT MARKET, BY TYPE

4.1.Overview

4.1.1.Market size and forecast

4.2.Hot recycling

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region

4.3.Cold recycling

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region

CHAPTER 5:RECYCLED ASPHALT MARKET, BY APPLICATION

5.1.Overview

5.1.1.Market size and forecast

5.2.Patch material

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region

5.3.Hot-mix asphalt

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region

5.4.Temporary driveways & roads

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region

5.5.Road aggregate for unpaved roadways

5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by region

5.6.Interlocking bricks

5.6.1.Key market trends, growth factors, and opportunities
5.6.2.Market size and forecast, by region

5.7.New asphalt shingles

5.7.1.Key market trends, growth factors, and opportunities
5.7.2.Market size and forecast, by region

5.8.Energy recovery

5.8.1.Key market trends, growth factors, and opportunities
5.8.2.Market size and forecast, by region

CHAPTER 6:RECYCLED ASPHALT MARKET, BY REGION

6.1.Overview

6.1.1.Market size and forecast

6.2.North America

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by type
6.2.3.Market size and forecast, by application
6.2.4.Market share analysis, by country
6.2.5.U.S.

6.2.5.1.Market size and forecast, by type
6.2.5.2.Market size and forecast, by application

6.2.6.Canada

6.2.6.1.Market size and forecast, by type
6.2.6.2.Market size and forecast, by application

6.2.7.Mexico

6.2.7.1.Market size and forecast, by type
6.2.7.2.Market size and forecast, by application

6.3.Europe

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by type
6.3.3.Market size and forecast, by application
6.3.4.Market share analysis, by country
6.3.5.Germany

6.3.5.1.Market size and forecast, by type
6.3.5.2.Market size and forecast, by application

6.3.6.UK

6.3.6.1.Market size and forecast, by type
6.3.6.2.Market size and forecast, by application

6.3.7.France

6.3.7.1.Market size and forecast, by type
6.3.7.2.Market size and forecast, by application

6.3.8.Italy

6.3.8.1.Market size and forecast, by type
6.3.8.2.Market size and forecast, by application

6.3.9.Spain

6.3.9.1.Market size and forecast, by type
6.3.9.2.Market size and forecast, by application

6.3.10.Rest of Europe

6.3.10.1.Market size and forecast, by type
6.3.10.2.Market size and forecast, by application

6.4.Asia-Pacific

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by type
6.4.3.Market size and forecast, by application
6.4.4.Market share analysis, by country
6.4.5.China

6.4.5.1.Market size and forecast, by type
6.4.5.2.Market size and forecast, by application

6.4.6.Japan

6.4.6.1.Market size and forecast, by type
6.4.6.2.Market size and forecast, by application

6.4.7.India

6.4.7.1.Market size and forecast, by type
6.4.7.2.Market size and forecast, by application

6.4.8.South Korea

6.4.8.1.Market size and forecast, by type
6.4.8.2.Market size and forecast, by application

6.4.9.Australia

6.4.9.1.Market size and forecast, by type
6.4.9.2.Market size and forecast, by application

6.4.10.Rest of Asia-Pacific

6.4.10.1.Market size and forecast, by type
6.4.10.2.Market size and forecast, by application

6.5.LAMEA

6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by type
6.5.3.Market size and forecast, by application
6.5.4.Market share analysis, by country
6.5.5.Brazil

6.5.5.1.Market size and forecast, by type
6.5.5.2.Market size and forecast, by application

6.5.6.Saudi Arabia

6.5.6.1.Market size and forecast, by type
6.5.6.2.Market size and forecast, by application

6.5.7.South Africa

6.5.7.1.Market size and forecast, by type
6.5.7.2.Market size and forecast, by application

6.5.8.Rest of LAMEA

6.5.8.1.Market size and forecast, by type
6.5.8.2.Market size and forecast, by application

CHAPTER 7:COMPETITIVE LANDSCAPE

7.1.Introduction

7.1.1.Market player positioning, 2019

CHAPTER 8:COMPANY PROFILES

8.1.ASAHI KASEI CORP.

8.1.1.Company overview
8.1.2.Company snapshot
8.1.3.Operating business segments
8.1.4.Product portfolio
8.1.5.Business performance

8.2.CertainTeed Corporation

8.2.1.Company overview
8.2.2.Company snapshot
8.2.3.Product portfolio

8.3.Cherry Companies

8.3.1.Company overview
8.3.2.Company snapshot
8.3.3.Product Portfolio

8.4.Downer EDI Limited

8.4.1.Company overview
8.4.2.Company snapshot
8.4.3.Product Portfolio
8.4.4.Business performance

8.5.GAF

8.5.1.Company overview
8.5.2.Company snapshot
8.5.3.Product portfolio

8.6.Lone Star Paving

8.6.1.Company overview
8.6.2.Company snapshot
8.6.3.Product portfolio

8.7.OWENS CORNING

8.7.1.Company overview
8.7.2.Company snapshot
8.7.3.Operating business segments
8.7.4.Product portfolio
8.7.5.Business performance

8.8.PAVEMENT RECYCLING SYSTEM, INC.

8.8.1.Company overview
8.8.2.Company snapshot
8.8.3.Product Portfolio

8.9.THE KRAEMER COMPANY, LLC

8.9.1.Company overview
8.9.2.Company snapshot
8.9.3.Product portfolio

8.10.WIRTGEN GROUP

8.10.1.Company overview
8.10.2.Company snapshot
8.10.3.Product Portfolio

LIST OF TABLES

TABLE 01.GLOBAL RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 02.GLOBAL RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 (MILLION TONS)
TABLE 03.HOT RECYCLING RECYCLED ASPHALT MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 04.HOT RECYCLING RECYCLED ASPHALT MARKET, BY REGION, 2019–2027 (MILLION TONS)
TABLE 05.COLD RECYCLING RECYCLED ASPHALT MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 06.COLD RECYCLING RECYCLED ASPHALT MARKET, BY REGION, 2019–2027 (MILLION TONS)
TABLE 07.GLOBAL RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 08.GLOBAL RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 (MILLION TONS)
TABLE 09.RECYCLED ASPHALT PATCH MATERIAL MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 10.RECYCLED ASPHALT PATCH MATERIAL MARKET, BY REGION, 2019–2027 (MILLION TONS)
TABLE 11.RECYCLED ASPHALT HOT-MIX ASPHALT MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 12.RECYCLED ASPHALT HOT-MIX ASPHALT MARKET, BY REGION, 2019–2027 (MILLION TONS)
TABLE 13.RECYCLED ASPHALT TEMPORARY DRIVEWAYS & ROADS MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 14.RECYCLED ASPHALT TEMPORARY DRIVEWAYS & ROADS MARKET, BY REGION, 2019–2027 (MILLION TONS)
TABLE 15.RECYCLED ASPHALT ROAD AGGREGATE FOR UNPAVED ROADWAYS MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 16.RECYCLED ASPHALT ROAD AGGREGATE FOR UNPAVED ROADWAYS MARKET, BY REGION, 2019–2027 (MILLION TONS)
TABLE 17.RECYCLED ASPHALT INTERLOCKING BRICKS MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 18.RECYCLED ASPHALT INTERLOCKING BRICKS MARKET, BY REGION, 2019–2027 (MILLION TONS)
TABLE 19.RECYCLED ASPHALT NEW ASPHALT SHINGLES MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 20.RECYCLED ASPHALT NEW ASPHALT SHINGLES MARKET, BY REGION, 2019–2027 (MILLION TONS)
TABLE 21.RECYCLED ASPHALT ENERGY RECOVERY MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 22.RECYCLED ASPHALT ENERGY RECOVERY MARKET, BY REGION, 2019–2027 (MILLION TONS)
TABLE 23.RECYCLED ASPHALT MARKET, BY REGION, 2019-2027 ($MILLION)
TABLE 24.RECYCLED ASPHALT MARKET, BY REGION, 2019-2027 (MILLION TONS)
TABLE 25.NORTH AMERICA RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 26.NORTH AMERICA RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 (MILLION TONS)
TABLE 27.NORTH AMERICA RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 28.NORTH AMERICA RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 (MILLION TONS)
TABLE 29.NORTH AMERICA RECYCLED ASPHALT MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 30.NORTH AMERICA RECYCLED ASPHALT MARKET, BY COUNTRY, 2019–2027 (MILLION TONS)
TABLE 31.U.S. RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 32.U.S. RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 (MILLION TONS)
TABLE 33.U.S. RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 34.U.S. RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 (MILLION TONS)
TABLE 35.CANADA RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 36.CANADA RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 (MILLION TONS)
TABLE 37.CANADA RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 38.CANADA RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 (MILLION TONS)
TABLE 39.MEXICO RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 40.MEXICO RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 (MILLION TONS)
TABLE 41.MEXICO RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 42.MEXICO RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 (MILLION TONS)
TABLE 43.EUROPE RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 44.EUROPE RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 (MILLION TONS)
TABLE 45.EUROPE RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 46.EUROPE RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 (MILLION TONS)
TABLE 47.EUROPE RECYCLED ASPHALT MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 48.EUROPE RECYCLED ASPHALT MARKET, BY COUNTRY, 2019–2027 (MILLION TONS)
TABLE 49.GERMANY RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 50.GERMANY RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 (MILLION TONS)
TABLE 51.GERMANY RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 52.GERMANY RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 (MILLION TONS)
TABLE 53.UK RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 54.UK RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 (MILLION TONS)
TABLE 55.UK RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 56.UK RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 (MILLION TONS)
TABLE 57.FRANCE RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 58.FRANCE RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 (MILLION TONS)
TABLE 59.FRANCE RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 60.FRANCE RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 (MILLION TONS)
TABLE 61.ITALY RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 62.ITALY RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 (MILLION TONS)
TABLE 63.ITALY RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 64.ITALY RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 (MILLION TONS)
TABLE 65.SPAIN RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 66.SPAIN RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 (MILLION TONS)
TABLE 67.SPAIN RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 68.SPAIN RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 (MILLION TONS)
TABLE 69.REST OF EUROPE RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 70.REST OF EUROPE RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 (MILLION TONS)
TABLE 71.REST OF EUROPE RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 72.REST OF EUROPE RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 (MILLION TONS)
TABLE 73.ASIA-PACIFIC RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 74.ASIA-PACIFIC RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 (MILLION TONS)
TABLE 75.ASIA-PACIFIC RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 76.ASIA-PACIFIC RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 (MILLION TONS)
TABLE 77.ASIA-PACIFIC RECYCLED ASPHALT MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 78.ASIA-PACIFIC RECYCLED ASPHALT MARKET, BY COUNTRY, 2019–2027 (MILLION TONS)
TABLE 79.CHINA RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 80.CHINA RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 (MILLION TONS)
TABLE 81.CHINA RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 82.CHINA RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 (MILLION TONS)
TABLE 83.JAPAN RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 84.JAPAN RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 (MILLION TONS)
TABLE 85.JAPAN RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 86.JAPAN RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 (MILLION TONS)
TABLE 87.INDIA RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 88.INDIA RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 (MILLION TONS)
TABLE 89.INDIA RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 90.INDIA RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 (MILLION TONS)
TABLE 91.SOUTH KOREA RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 92.SOUTH KOREA RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 (MILLION TONS)
TABLE 93.SOUTH KOREA RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 94.SOUTH KOREA RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 (MILLION TONS)
TABLE 95.AUSTRALIA RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 96.AUSTRALIA RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 (MILLION TONS)
TABLE 97.AUSTRALIA RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 98.AUSTRALIA RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 (MILLION TONS)
TABLE 99.REST OF ASIA-PACIFIC RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 100.REST OF ASIA-PACIFIC RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 (MILLION TONS)
TABLE 101.REST OF ASIA-PACIFIC RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 102.REST OF ASIA-PACIFIC RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 (MILLION TONS)
TABLE 103.LAMEA RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 104.LAMEA RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 (MILLION TONS)
TABLE 105.LAMEA RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 106.LAMEA RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 (MILLION TONS)
TABLE 107.LAMEA RECYCLED ASPHALT MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 108.LAMEA RECYCLED ASPHALT MARKET, BY COUNTRY, 2019–2027 (MILLION TONS)
TABLE 109.BRAZIL RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 110.BRAZIL RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 (MILLION TONS)
TABLE 111.BRAZIL RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 112.BRAZIL RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 (MILLION TONS)
TABLE 113.SAUDI ARABIA RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 114.SAUDI ARABIA RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 (MILLION TONS)
TABLE 115.SAUDI ARABIA RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 116.SAUDI ARABIA RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 (MILLION TONS)
TABLE 117.SOUTH AFRICA RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 118.SOUTH AFRICA RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 (MILLION TONS)
TABLE 119.SOUTH AFRICA RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 120.SOUTH AFRICA RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 (MILLION TONS)
TABLE 121.REST OF LAMEA RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 122.REST OF LAMEA RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 (MILLION TONS)
TABLE 123.REST OF LAMEA RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 124.REST OF LAMEA RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 (MILLION TONS)
TABLE 125.ASAHI KASEI: COMPANY SNAPSHOT
TABLE 126.ASAHI KASEI: OPERATING SEGMENTS
TABLE 127.ASAHI KASEI: PRODUCT PORTFOLIO
TABLE 128.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 129.CERTAINTEED: COMPANY SNAPSHOT
TABLE 130.CERTAINTEED: PRODUCT PORTFOLIO
TABLE 131.CHERRY: COMPANY SNAPSHOT
TABLE 132.CHERRY: PRODUCT PORTFOLIO
TABLE 133.DOWNER: COMPANY SNAPSHOT
TABLE 134.DOWNER: PRODUCT PORTFOLIO
TABLE 135.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 136.GAF: COMPANY SNAPSHOT
TABLE 137.GAF: PRODUCT PORTFOLIO
TABLE 138.LONE STAR: COMPANY SNAPSHOT
TABLE 139.LONE STAR: PRODUCT PORTFOLIO
TABLE 140.OWENS CORNING: COMPANY SNAPSHOT
TABLE 141.OWENS CORNING: OPERATING SEGMENTS
TABLE 142.OWENS CORNING: PRODUCT PORTFOLIO
TABLE 143.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 144.PAVEMENT RECYCLING: COMPANY SNAPSHOT
TABLE 145.PAVEMENT RECYCLING: PRODUCT PORTFOLIO
TABLE 146.THE KRAEMER: COMPANY SNAPSHOT
TABLE 147.ALFA AESAR: PRODUCT PORTFOLIO
TABLE 148.WIRTGEN: COMPANY SNAPSHOT
TABLE 149.WIRTGEN: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.GLOBAL RECYCLED ASPHALT MARKET SNAPSHOT, BY SEGMENT
FIGURE 03.GLOBAL RECYCLED ASPHALT MARKET SNAPSHOT, BY COUNTRY
FIGURE 04.TOP INVESTMENT POCKETS
FIGURE 05.LOW BARGAINING POWER OF SUPPLIERS
FIGURE 06.HIGH THREAT OF NEW ENTRANTS
FIGURE 07.MODERATE THREAT OF SUBSTITUTES
FIGURE 08.LOW INTENSITY OF RIVALRY
FIGURE 09.HIGH BARGAINING POWER OF BUYERS
FIGURE 10.VALUE CHAIN ANALYSIS FOR RECYCLED ASPHALT MARKET
FIGURE 11.RECYCLED ASPHALT MARKET DYNAMICS
FIGURE 12.GLOBAL RECYCLED ASPHALT MARKET, BY TYPE, 2019–2027 ($MILILION)
FIGURE 13.COMPARATIVE ANALYSIS OF HOT RECYCLING RECYCLED ASPHALT MARKET, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 14.COMPARATIVE ANALYSIS OF COLD RECYCLING RECYCLED ASPHALT MARKET, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 15.GLOBAL RECYCLED ASPHALT MARKET, BY APPLICATION, 2019–2027 ($MILILION)
FIGURE 16.COMPARATIVE ANALYSIS OF RECYCLED ASPHALT PATCH MATERIAL MARKET, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 17.COMPARATIVE ANALYSIS OF RECYCLED ASPHALT HOT-MIX ASPHALT MARKET, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 18.COMPARATIVE ANALYSIS OF RECYCLED ASPHALT TEMPORARY DRIVEWAYS & ROADS MARKET, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 19.COMPARATIVE ANALYSIS OF RECYCLED ASPHALT ROAD AGGREGATE FOR UNPAVED ROADWAYS MARKET, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 20.COMPARATIVE ANALYSIS OF RECYCLED ASPHALT INTERLOCKING BRICKS MARKET, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 21.COMPARATIVE ANALYSIS OF RECYCLED ASPHALT NEW ASPHALT SHINGLES MARKET, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 22.COMPARATIVE ANALYSIS OF RECYCLED ASPHALT ENERGY RECOVERY MARKET, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 23.U.S. RECYCLED ASPHALT MARKET REVENUE, 2019–2027 (MILLION)
FIGURE 24.CANADA RECYCLED ASPHALT MARKET REVENUE, 2019–2027 (MILLION)
FIGURE 25.MEXICO RECYCLED ASPHALT MARKET REVENUE, 2019–2027 (MILLION)
FIGURE 26.GERMANY RECYCLED ASPHALT MARKET REVENUE, 2019–2027 (MILLION)
FIGURE 27.UK RECYCLED ASPHALT MARKET REVENUE, 2019–2027 (MILLION)
FIGURE 28.FRANCE RECYCLED ASPHALT MARKET REVENUE, 2019–2027 (MILLION)
FIGURE 29.ITALY RECYCLED ASPHALT MARKET REVENUE, 2019–2027 (MILLION)
FIGURE 30.SPAIN RECYCLED ASPHALT MARKET REVENUE, 2019–2027 (MILLION)
FIGURE 31.REST OF EUROPE RECYCLED ASPHALT MARKET REVENUE, 2019–2027 (MILLION)
FIGURE 32.CHINA RECYCLED ASPHALT MARKET REVENUE, 2019–2027 (MILLION)
FIGURE 33.JAPAN RECYCLED ASPHALT MARKET REVENUE, 2019–2027 (MILLION)
FIGURE 34.INDIA RECYCLED ASPHALT MARKET REVENUE, 2019–2027 (MILLION)
FIGURE 35.SOUTH KOREA RECYCLED ASPHALT MARKET REVENUE, 2019–2027 (MILLION)
FIGURE 36.AUSTRALIA RECYCLED ASPHALT MARKET REVENUE, 2019–2027 (MILLION)
FIGURE 37.REST OF ASIA-PACIFIC RECYCLED ASPHALT MARKET REVENUE, 2019–2027 (MILLION)
FIGURE 38.BRAZIL RECYCLED ASPHALT MARKET REVENUE, 2019–2027 (MILLION)
FIGURE 39.SAUDI ARABIA RECYCLED ASPHALT MARKET REVENUE, 2019–2027 (MILLION)
FIGURE 40.SOUTH AFRICA RECYCLED ASPHALT MARKET REVENUE, 2019–2027 (MILLION)
FIGURE 41.REST OF LAMEA RECYCLED ASPHALT MARKET REVENUE, 2019–2027 (MILLION)
FIGURE 42.MARKET PLAYER POSITIONING, 2019
FIGURE 43.ASAHI KASEI: REVENUE, 2017–2019 ($MILLION)
FIGURE 44.ASAHI KASEI: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 45.ASAHI KASEI: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 46.DOWNER: REVENUE, 2017–2019 ($MILLION)
FIGURE 47.DOWNER: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 48.DOWNER: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 49.OWENS CORNING: REVENUE, 2017–2019 ($MILLION)
FIGURE 50.OWENS CORNING: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 51.OWENS CORNING: REVENUE SHARE BY REGION, 2019 (%)

 
 

According to the insights from various executives, the recycled asphalt market is expected to grow significantly during the forecast period. The market is witnessing increased demand from last few years as the environmental benefits and cost reduction. In-addition, the usage of water is also decreased in large quantity as recycled asphalt requires less amount of water in preparation in comparison to preparation of virgin asphalt. Recycled asphalt remains cost effective, provides environmental & sustainable impact, and performs well. It is however restrained by limited use of the material as it is prone to fatigue cracks, impartial blending, unbalanced aggregate fractions, and rutting. Recycled asphalt is used in hot & warm mix asphalt production, half warm mix asphalt production, on-site cold reuse, plant cold re-use, unbound road layers, and other civil engineering applications. Meanwhile, development of custom solutions and technologies to create high-quality asphalt through recycling processes is expected to offer lucrative opportunity for the recycled asphalt industry growth. 

 
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A. The total market size of global Recycled asphalt Market is $7.1 billion in 2019.

A. Bodean Company, CertainTeed, Cherry Companies, Downer Group, GAF Materials, Lone Star Paving, Owens Corning, Pavement Recycling System, Inc, The Kraemer Company, LLC, and Wirtgen Group are the emerging players in the industry.

A. Patch material and road aggregate for unpaved roadways industry is the major are of development in the industry followed by hot-mix asphalt and interlocking bricks.

A. Construction industry is projected to increase demand for recycled asphalt market.

A. Growing resurfacing, construction, and increased application in asphalt roof shingles are emerging trend in the market.

A. The most influencing segment is hot recycling segment.

A. North America holds the maximum market share of the Recycled asphalt market in 2019.

A. Resurfacing, re-pavement, potholes, base, shoulders, alleys and others are some of the applications that are expected to drive the adoption of Recycled asphalt.

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