Asphalt Forecasts by Product, Market and Region

Asphalt Forecasts by Product, Market and Region

US demand for asphalt products is projected to increase 3.0% per year to 27.6 million tons in 2021. A more favorable government funding environment and rising housing starts will boost demand for these products.

This report covers asphalt demand by Product, Market, and Region, along with a discussion of important applications. Data are given in volume (000 tons asphalt content). An overall analysis of market value is also present (dollars).

Asphalt products covered in the study include:
Paving Asphalt
Roofing Asphalt

Markets for fiber cement include:
Residential building construction
Nonresidential building construction
Nonbuilding Construction

New and improvement and repair applications are also discussed for each market.

Demand is broken out for the US Census regions and subregions:
Northeast
Midwest
South
West

Scope of the Report
This report covers the scope, size, and growth of the US asphalt market including key trends in applications and market segmentation. Historical data are proved for 2006, 2011, and 2016 with forecasts for 2021, with year by year historical market volatility also addressed. Data are provided in volume terms (000 tons asphalt content). Additionally, an examination of overall market value is presented (dollars). Also included is an analysis of the industry key players and their market shares.