Asphalt Manufacturing in Canada - Industry Market Research Report

Asphalt Manufacturing in Canada

Downstream construction markets and government spending on infrastructure greatly impact asphalt manufacturers. Over the current period, asphalt manufacturers have enjoyed modest growth spurred by government investment and favorable trade conditions. Industry-wide revenue has been growing at a CAGR of 0.4% over the past five years and is expected to total $5.4 billion in 2023, when revenue will drop an estimated 0.7%. Profit is set to climb to 13.8% in 2023.

This industry manufactures paving and roofing materials, including asphalt and tar-paving mixtures, blocks, roofing cements, coatings and shingles produced from purchased asphaltic materials and coal tar. This industry excludes asphalt paving products directly produced from petroleum refineries.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares."