Global Asphalt Cement Binder Market Growth 2025-2031

The global Asphalt Cement Binder market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

Asphalt Cement Binder is a viscous bituminous liquid that provides the “glue” material that combines with well-graded aggregates to produce an HMA pavement.Asphalt Binder is an anionic asphalt emulsion designed for use as a tack coat for patching, paving, and coating processes.asphalt binder also called asphalt cement binder, is a binder to keep the aggregates together like paste in asphalt mixes. In each asphalt cement there are several ingredients including sands and gravels which are applied in several layers. Asphalt Binder keeps these layers intact individually and also binds the layers together. Asphalt Binder promotes adhesion of bituminous concrete products and coatings. 

According to the Japan Cement Association, Japan"s cement industry emitted about 40 million tons of carbon dioxide in 2020. And the cement industry became the fourth largest source of carbon dioxide emissions in the industrial sector after electricity, steel and chemicals. 60% of the cement industry"s carbon emissions come from process emissions, 35% from combustion emissions and 5% from indirect emissions from electricity. According to our “Building Materials Research Institute”, the global clinker capacity in 2022 was about 3.55 billion tons, and the global cement production was about 4.0 billion tons. According to the National Bureau of Statistics, China"s cumulative cement output reached 2.118 billion tons in 2022.

LP Information, Inc. (LPI) ' newest research report, the “Asphalt Cement Binder Industry Forecast” looks at past sales and reviews total world Asphalt Cement Binder sales in 2024, providing a comprehensive analysis by region and market sector of projected Asphalt Cement Binder sales for 2025 through 2031. With Asphalt Cement Binder sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Asphalt Cement Binder industry.

This Insight Report provides a comprehensive analysis of the global Asphalt Cement Binder landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Asphalt Cement Binder portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Asphalt Cement Binder market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Asphalt Cement Binder and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Asphalt Cement Binder.

This report presents a comprehensive overview, market shares, and growth opportunities of Asphalt Cement Binder market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Biological Basis
Abiotic Basis

Segmentation by Application:
Construction Industry
Chemical Industry

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Arkema
SealMaster
Peckham Industries
Sami Bitumen Technologies
JT Russell & Sons
Avello Bioenergy

Key Questions Addressed in this Report

What is the 10-year outlook for the global Asphalt Cement Binder market?

What factors are driving Asphalt Cement Binder market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Asphalt Cement Binder market opportunities vary by end market size?

How does Asphalt Cement Binder break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.