Asphalt Mixing Plant Market
Asphalt Mixing Plant Market Study by Drum Plants and Batch Plants in Below 50 TPH, 50 to 150 TPH, 151 to 300 TPH, and Above 300 TPH Capacity from 2024 to 2034
Analysis of Asphalt Mixing Plant Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Asphalt Mixing Plant Market Outlook (2024 to 2034)
Worldwide revenue from the asphalt mixing plant market size is expected to reach US$ 1.99 billion in 2024. The market has been studied in detail and is projected to expand at a CAGR of 3.1% to reach US$ 2.69 billion by the end of 2034.
Asphalt mixing plants blend dry, warm aggregate padding with asphalt to produce the material essential for road construction. Large highway projects demand significant quantities of asphalt, making manual mixing impractical. Adequate transportation infrastructure, such as roads, plays a crucial role in economic development.
Good roads drive socio-economic growth by enhancing mobility for people, goods, and services. Asphalt-built roads have several advantages, including a smooth surface due to the absence of construction joints. Asphalt is affordable, easy, and quick to work with, and it is also entirely recyclable. Its advanced benefits make it the most popular paving material for large-scale projects like motorways and airport runways.
Key Market Growth Drivers
- Key manufacturers have introduced various innovations to enhance operator convenience. They focus on improving plant performance and integrating advanced technological solutions.
- Manufacturers are employing robust materials and structures to enhance the performance capacity of asphalt mixing plants. The development of new technologies is expected to drive the adoption of these plants across different applications.
- Emphasis on improving functionality through advanced technological solutions has significantly boosted the efficiency of asphalt mixing plants. This, in turn, is expected to expand the market size for asphalt mixing plants.
- Asphalt mixing plant market growth during the forecast period is projected to be driven by increased government focus on developing new roads to enhance national connectivity. Large investments by key players are forecasted to drive demand in the coming years.
- Infrastructure investment, real estate construction investment, and industrial construction investment constitute the three components of construction investment.
- Construction equipment manufacturers are investing in research and development (R&D) for product innovation and new product development, aiming to increase their presence in a competitive market.
| Report Attribute | Detail |
|---|---|
| Asphalt Mixing Plant Market Size (2024E) | US$ 1.99 Billion |
| Forecasted Market Value (2034F) | US$ 2.69 Billion |
| Global Market Growth Rate (2024 to 2034) | 3.1% CAGR |
| East Asia Market Share (2024E) | 29.5% |
| North American Market Share (2024E) | 21.5% |
| Sales of Drum Plants (2024E) | US$ 1.13 Billion |
| Key Companies Profiled | Astec Industries Inc.; Gencor Industries, Inc.; NIKKO Co., Ltd.; FAYAT Group; Aimix Group; Ammann Group; Asphalt Drum Mixers, Inc.; Benninghoven GmbH & Co. KG; NFLG Inc.; Sany Group; Gongyi Santai Machinery Co., Ltd. |
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Why are Asphalt Mixing Plants Critical to Transportation Infrastructure Development?
“Growing Population in Developing Countries Generating Substantial Mobility Demand”
Adequate transportation and mobility infrastructure is crucial in both developed and developing countries as it directly influences imports and exports across all sectors. Consequently, there has been an unprecedented demand for road infrastructure in recent years. Additionally, the growing population in developing countries is leading to mobility demands that exceed current capacity.
Asphalt mixing plants produce the final material for road construction by mixing dry, warm aggregate padding with asphalt. Large highway projects require vast quantities of asphalt, making manual mixing impractical. These are key asphalt mixing plant market trends that manufacturers are capitalizing on.
What are the Major Impediments Faced by Manufacturers of Asphalt Mixing Plants?
“Rising Emphasis on Greener Technologies and High Cost & Complexity of Maintenance”
Asphalt mixing plants are massive and involve complex, heavy-duty manufacturing processes. Consequently, the initial cost of these plants is very high. The design of asphalt plants has continuously evolved to meet changing consumer requirements. However, improving equipment design demands significant investments, leading to higher expenses and making the equipment more costly. Therefore, manufacturers face the challenge of making their products cost-effective while enhancing efficiency and productivity. Maintaining an asphalt mixing plant is a difficult, costly, and time-consuming process, which can deter consumers from owning one.
Toxic emissions produced during asphalt mixing pose serious environmental risks, such as increased pollution levels, which are expected to lead to limited use. As global warming effects worsen, the manufacturing sector is expected to implement greener technologies to reduce the environmental impact of its operations, which may restrict the expansion of the asphalt mixing plant market size.
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Country-wise Insights
Increasing asphalt production around the world is a key factor expected to drive demand in India, Vietnam, and the Philippines as these countries are projected to invest heavily in road construction and improvements in the next decade to improve their infrastructure. Over the last few years, urban centers have experienced tremendous growth as people relocated from the countryside to cities to live and work. As more people own private vehicles, there is an increasing demand for roads and eventually funding road construction projects, particularly in China and India.
What is Driving Adoption of Asphalt Mixing Plants in the United States?
“Substantial Asphalt Production Capacity and Increasing Infrastructure Investments”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 347.6 Million |
| Growth Rate (2024 to 2034) | 3.1% CAGR |
| Projected Value (2034F) | US$ 472.2 Million |
The United States has a vast network of roads, highways, and infrastructure that requires ongoing maintenance, repair, and expansion. The country is expected to account for 81.4% of the asphalt mixing plant market share in North America in 2024.
Asphalt mixing plants are essential for producing the asphalt needed for road construction and maintenance projects, driving demand for these facilities. Federal, state, and local government funding and infrastructure investment initiatives contribute to the demand for asphalt mixing plants. Infrastructure spending programs aimed at improving transportation networks, addressing deferred maintenance, and enhancing road safety all contribute to increased asphalt production capacity.
Technological advancements in asphalt mixing plant technology have boosted efficiency, productivity, and sustainability in the asphalt industry. Modern asphalt plants in the United States feature cutting-edge technologies such as computerized process controls, recycled asphalt pavement (RAP) processing capabilities, energy-efficient heating systems, and emissions control technologies, increasing their appeal to contractors and governments.
Which Initiatives are Contributing to High Revenue Streams in Japan?
“Strict Environmental Regulations and Emphasis on Sustainability in Infrastructure Development”
| Attribute | Japan |
|---|---|
| Market Value (2024E) | US$ 113.7 Million |
| Growth Rate (2024 to 2034) | 3.5% CAGR |
| Projected Value (2034F) | US$ 160.6 Million |
Japan's ongoing infrastructure projects, including road construction, maintenance, and rehabilitation, are driving demand for asphalt mixing plants. Government initiatives aimed at improving transportation networks and infrastructure resilience are enhancing the sales outlook for these plants.
Stringent environmental regulations and the growing emphasis on sustainability in infrastructure development in Japan are also significant factors. Asphalt mixing plants equipped with advanced emissions control, energy-efficient systems, and the capability to use recycled materials are gaining popularity for meeting environmental standards and addressing sustainability concerns.
Category-wise Insights
Road construction is a key target application of asphalt mixing plants. The asphalt is very durable and performs well in high-traffic areas. Increased demand for improved road conditions and the construction of new ones in several countries around the world is driving market growth.
Drum plants are set to account for 56.9% of the global market share in 2024, while batch plants are poised to hold 43.1% share. By capacity, the 50 to 150 TPH segment is set to account for a significant share of 37.5% followed by the below 50 TPH segment, which is set to occupy a share of 28.5% in 2024.
Why are Batch Plants Preferred in Transportation Work?
“Space Efficiency, Cost-effectiveness, and Low Carbon Footprint of Batch Plants”
| Attribute | Batch Plants |
|---|---|
| Segment Value (2024E) | US$ 856.1 Million |
| Growth Rate (2024 to 2034) | 3.1% CAGR |
| Projected Value (2034F) | US$ 1.15 Billion |
Batch plants provide numerous advantages, including space efficiency, cost-effectiveness, accuracy, adaptability, and the ability to mix various mixtures as required. The equipment features a modular structure that can be retrofitted at any time. In batch plants, asphalt is produced in batches within specific timeframes, depending on the plant's capacity and mixture specifications. Newer models with counterflow technology are setting new standards in the market. These products offer benefits such as a low carbon footprint, the facility to add RAP, fuel efficiency, and environmental friendliness.
How Does Stationary Mixture Production Simplify Asphalt Mixing Processes?
“Stationary Plants Offer Consistency in Mix Quality and User-Friendly Machinery Integration”
Asphalt mixtures are utilized to produce hot mix asphalt, blending aggregates and bitumen to form hot mixtures. The mixture comprises components like a drum dryer, coal feeder, coal burner, dust collector, bitumen supply system, and asphalt storage. The stationary type of mixture production generates asphalt mixture in bulk, equipped with a comprehensive set of machinery that streamlines the mixing procedures into a single unit, making it user-friendly.
This equipment is ideal for blending modified asphalt mixtures, colored asphalt mixtures, and standard asphalt mixtures, rendering it perfect for various construction projects, including highway construction, airport construction, classified highway construction, port construction, and urban road construction. The stationary batch plant ensures consistency in crucial mix quality, with its processor ensuring seamless blending of heating, feeding, screening, drying, and mixing components.
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Competition Analysis
Key players in the asphalt mixing plant market are introducing portable asphalt mixing facilities that are easily relocated. Other developments, such as asphalt mixing units capable of using up to 100% recycled asphalt, have reduced the overall cost of the project. As customer preferences shift toward customizable products, there is a lot of innovation and development going on to ensure maximum customer satisfaction.
- In August 2022, Construction Partners, Inc. (ROAD), a vertically integrated civil infrastructure company specializing in road construction and maintenance across five southeastern states, announced the purchase of Southern Asphalt, Inc. Based in Conway, South Carolina, this acquisition added two hot-mix asphalt plants and over 200 employees to the Company's operations in the Myrtle Beach metropolitan area.
- Astec Industries entered into an agreement to acquire MINDS Automation Group (MINDS) in March 2022. MINDS is renowned for its expertise in plant automation control systems and cloud-based data management solutions tailored for the asphalt industry.
Fact.MR provides detailed information about the price points of leading manufacturers of asphalt mixing plants positioned across the world, sales growth, production capacity, and speculative technological expansion, in this recently updated market report.
Segmentation of Asphalt Mixing Plant Market Research
-
By Mobility :
- Stationary
- Portable
-
By Type :
- Drum Plants
- Batch Plants
-
By Capacity :
- Below 50 TPH
- 50 to 150 TPH
- 151 to 300 TPH
- Above 300 TPH
-
By Region :
- North America
- Western Europe
- Eastern Europe
- Latin America
- East Asia
- South Asia & Pacific
- Middle East & Africa
Table of Content
- 1. Executive Summary
- 2. Industry Introduction, including Taxonomy and Market Definition
- 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
- 4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections
- 5. Pricing Analysis
- 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034
- 6.1. Mobility
- 6.2. Type
- 6.3. Capacity
- 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Mobility
- 7.1. Stationary
- 7.2. Portable
- 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Type
- 8.1. Drum Plants
- 8.2. Batch Plants
- 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Capacity
- 9.1. Below 50 TPH
- 9.2. 50 to 150 TPH
- 9.3. 151 to 300 TPH
- 9.4. Above 300 TPH
- 10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region
- 10.1. North America
- 10.2. Latin America
- 10.3. Western Europe
- 10.4. Eastern Europe
- 10.5. East Asia
- 10.6. South Asia & Pacific
- 10.7. Middle East & Africa
- 11. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 12. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 13. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 14. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 15. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 16. South Asia & Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 17. Middle East & Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 18. Sales Forecast 2024 to 2034 by Mobility, Type, Capacity, and Region for 30 Countries
- 19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
- 20. Company Profile
- 20.1. Astec Industries Inc.
- 20.2. Gencor Industries, Inc.
- 20.3. NIKKO Co., Ltd.
- 20.4. FAYAT Group
- 20.5. Aimix Group
- 20.6. Ammann Group
- 20.7. Asphalt Drum Mixers, Inc.
- 20.8. Benninghoven GmbH & Co. KG
- 20.9. NFLG Inc.
- 20.10. Sany Group
- 20.11. Gongyi Santai Machinery Co., Ltd.
- 21. Assumptions and Acronyms Mobilityd
- 22. Research Methodology
List Of Table
Table 01: Global Market Value (US$ Mn) Analysis, by Mobility, 2019 to 2023
Table 02: Global Market Value (US$ Mn) Analysis, by Mobility, 2024 to 2034
Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Mobility, 2024 to 2034
Table 04: Global Market Value (US$ Mn) Analysis, by Type, 2019 to 2023
Table 05: Global Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 07: Global Market Value (US$ Mn) Analysis, by Capacity, 2019 to 2023
Table 08: Global Market Value (US$ Mn) Analysis, by Capacity, 2024 to 2034
Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by Capacity, 2024 to 2034
Table 10: Global Market Value (US$ Mn) Analysis, by Region, 2019 to 2023
Table 11: Global Market Value (US$ Mn) Analysis, by Region, 2024 to 2034
Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2024 to 2034
Table 13: North America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 14: North America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 16: North America Market Value (US$ Mn) Analysis, by Mobility, 2019 to 2023
Table 17: North America Market Value (US$ Mn) Analysis, by Mobility, 2024 to 2034
Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Mobility, 2024 to 2034
Table 19: North America Market Value (US$ Mn) Analysis, by Type, 2019 to 2023
Table 20: North America Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 22: North America Market Value (US$ Mn) Analysis, by Capacity, 2019 to 2023
Table 23: North America Market Value (US$ Mn) Analysis, by Capacity, 2024 to 2034
Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by Capacity, 2024 to 2034
Table 25: Latin America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 26: Latin America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 28: Latin America Market Value (US$ Mn) Analysis, by Mobility, 2019 to 2023
Table 29: Latin America Market Value (US$ Mn) Analysis, by Mobility, 2024 to 2034
Table 30: Latin America Market Value (US$ Mn) Opportunity Analysis, by Mobility, 2024 to 2034
Table 31: Latin America Market Value (US$ Mn) Analysis, by Type, 2019 to 2023
Table 32: Latin America Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 34: Latin America Market Value (US$ Mn) Analysis, by Capacity, 2019 to 2023
Table 35: Latin America Market Value (US$ Mn) Analysis, by Capacity, 2024 to 2034
Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by Capacity, 2024 to 2034
Table 37: Western Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 38: Western Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 39: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 40: Western Europe Market Value (US$ Mn) Analysis, by Mobility, 2019 to 2023
Table 41: Western Europe Market Value (US$ Mn) Analysis, by Mobility, 2024 to 2034
Table 42: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Mobility, 2024 to 2034
Table 43: Western Europe Market Value (US$ Mn) Analysis, by Type, 2019 to 2023
Table 44: Western Europe Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 45: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 46: Western Europe Market Value (US$ Mn) Analysis, by Capacity, 2019 to 2023
Table 47: Western Europe Market Value (US$ Mn) Analysis, by Capacity, 2024 to 2034
Table 48: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Capacity, 2024 to 2034
Table 49: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 50: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 51: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 52: Eastern Europe Market Value (US$ Mn) Analysis, by Mobility, 2019 to 2023
Table 53: Eastern Europe Market Value (US$ Mn) Analysis, by Mobility, 2024 to 2034
Table 54: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Mobility, 2024 to 2034
Table 55: Eastern Europe Market Value (US$ Mn) Analysis, by Type, 2019 to 2023
Table 56: Eastern Europe Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 57: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 58: Eastern Europe Market Value (US$ Mn) Analysis, by Capacity, 2019 to 2023
Table 59: Eastern Europe Market Value (US$ Mn) Analysis, by Capacity, 2024 to 2034
Table 60: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Capacity, 2024 to 2034
Table 61: East Asia Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 62: East Asia Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 63: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 64: East Asia Market Value (US$ Mn) Analysis, by Mobility, 2019 to 2023
Table 65: East Asia Market Value (US$ Mn) Analysis, by Mobility, 2024 to 2034
Table 66: East Asia Market Value (US$ Mn) Opportunity Analysis, by Mobility, 2024 to 2034
Table 67: East Asia Market Value (US$ Mn) Analysis, by Type, 2019 to 2023
Table 68: East Asia Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 69: East Asia Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 70: East Asia Market Value (US$ Mn) Analysis, by Capacity, 2019 to 2023
Table 71: East Asia Market Value (US$ Mn) Analysis, by Capacity, 2024 to 2034
Table 72: East Asia Market Value (US$ Mn) Opportunity Analysis, by Capacity, 2024 to 2034
Table 73: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 74: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 75: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 76: South Asia & Pacific Market Value (US$ Mn) Analysis, by Mobility, 2019 to 2023
Table 77: South Asia & Pacific Market Value (US$ Mn) Analysis, by Mobility, 2024 to 2034
Table 78: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Mobility, 2024 to 2034
Table 79: South Asia & Pacific Market Value (US$ Mn) Analysis, by Type, 2019 to 2023
Table 80: South Asia & Pacific Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 81: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 82: South Asia & Pacific Market Value (US$ Mn) Analysis, by Capacity, 2019 to 2023
Table 83: South Asia & Pacific Market Value (US$ Mn) Analysis, by Capacity, 2024 to 2034
Table 84: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Capacity, 2024 to 2034
Table 85: MEA Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 86: MEA Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 87: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 88: MEA Market Value (US$ Mn) Analysis, by Mobility, 2019 to 2023
Table 89: MEA Market Value (US$ Mn) Analysis, by Mobility, 2024 to 2034
Table 90: MEA Market Value (US$ Mn) Opportunity Analysis, by Mobility, 2024 to 2034
Table 91: MEA Market Value (US$ Mn) Analysis, by Type, 2019 to 2023
Table 92: MEA Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 93: MEA Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 94: MEA Market Value (US$ Mn) Analysis, by Capacity, 2019 to 2023
Table 95: MEA Market Value (US$ Mn) Analysis, by Capacity, 2024 to 2034
Table 96: MEA Market Value (US$ Mn) Opportunity Analysis, by Capacity, 2024 to 2034
List Of Figures
Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 04: Global Market Incremental $ Opportunity, 2024 to 2034
Figure 05: Global Market Share and BPS Analysis by Mobility, 2024 & 2034
Figure 06: Global Market Y-o-Y Growth Projections by Mobility, 2024 to 2034
Figure 07: Global Market Attractiveness Analysis by Mobility, 2024 to 2034
Figure 08: Global Market Share and BPS Analysis by Type, 2024 & 2034
Figure 09: Global Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 10: Global Market Attractiveness Analysis by Type, 2024 to 2034
Figure 11: Global Market Share and BPS Analysis by Capacity, 2024 & 2034
Figure 12: Global Market Y-o-Y Growth Projections by Capacity, 2024 to 2034
Figure 13: Global Market Attractiveness Analysis by Capacity, 2024 to 2034
Figure 14: Global Market Share and BPS Analysis by Region, 2024 & 2034
Figure 15: Global Market Y-o-Y Growth Projections by Region, 2024 to 2034
Figure 16: Global Market Attractiveness Analysis by Region, 2024 to 2034
Figure 17: North America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 18: North America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 19: North America Market Value Y-o-Y Growth and Forecast, 2034
Figure 20: North America Market Incremental $ Opportunity, 2024 to 2034
Figure 21: North America Market Share Analysis by Country, 2024 & 2034
Figure 22: North America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 23: North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 24: North America Market Share and BPS Analysis by Mobility, 2024 & 2034
Figure 25: North America Market Y-o-Y Growth Projections by Mobility, 2024 to 2034
Figure 26: North America Market Attractiveness Analysis by Mobility, 2024 to 2034
Figure 27: North America Market Share and BPS Analysis by Type, 2024 & 2034
Figure 28: North America Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 29: North America Market Attractiveness Analysis by Type, 2024 to 2034
Figure 30: North America Market Share and BPS Analysis by Capacity, 2024 & 2034
Figure 31: North America Market Y-o-Y Growth Projections by Capacity, 2024 to 2034
Figure 32: North America Market Attractiveness Analysis by Capacity, 2024 to 2034
Figure 33: Latin America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 34: Latin America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 35: Latin America Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 36: Latin America Market Incremental $ Opportunity, 2024 to 2034
Figure 37: Latin America Market Share Analysis by Country, 2024 & 2034
Figure 38: Latin America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 39: Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 40: Latin America Market Share and BPS Analysis by Mobility, 2024 & 2034
Figure 41: Latin America Market Y-o-Y Growth Projections by Mobility, 2024 to 2034
Figure 42: Latin America Market Attractiveness Analysis by Mobility, 2024 to 2034
Figure 43: Latin America Market Share and BPS Analysis by Type, 2024 & 2034
Figure 44: Latin America Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 45: Latin America Market Attractiveness Analysis by Type, 2024 to 2034
Figure 46: Latin America Market Share and BPS Analysis by Capacity, 2024 & 2034
Figure 47: Latin America Market Y-o-Y Growth Projections by Capacity, 2024 to 2034
Figure 48: Latin America Market Attractiveness Analysis by Capacity, 2024 to 2034
Figure 49: Western Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 50: Western Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 51: Western Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 52: Western Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 53: Western Europe Market Share Analysis by Country, 2024 & 2034
Figure 54: Western Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 55: Western Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 56: Western Europe Market Share and BPS Analysis by Mobility, 2024 & 2034
Figure 57: Western Europe Market Y-o-Y Growth Projections by Mobility, 2024 to 2034
Figure 58: Western Europe Market Attractiveness Analysis by Mobility, 2024 to 2034
Figure 59: Western Europe Market Share and BPS Analysis by Type, 2024 & 2034
Figure 60: Western Europe Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 61: Western Europe Market Attractiveness Analysis by Type, 2024 to 2034
Figure 62: Western Europe Market Share and BPS Analysis by Capacity, 2024 & 2034
Figure 63: Western Europe Market Y-o-Y Growth Projections by Capacity, 2024 to 2034
Figure 64: Western Europe Market Attractiveness Analysis by Capacity, 2024 to 2034
Figure 66: Eastern Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 67: Eastern Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 68: Eastern Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 69: Eastern Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 70: Eastern Europe Market Share Analysis by Country, 2024 & 2034
Figure 71: Eastern Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 72: Eastern Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 73: Eastern Europe Market Share and BPS Analysis by Mobility, 2024 & 2034
Figure 74: Eastern Europe Market Y-o-Y Growth Projections by Mobility, 2024 to 2034
Figure 75: Eastern Europe Market Attractiveness Analysis by Mobility, 2024 to 2034
Figure 76: Eastern Europe Market Share and BPS Analysis by Type, 2024 & 2034
Figure 77: Eastern Europe Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 78: Eastern Europe Market Attractiveness Analysis by Type, 2024 to 2034
Figure 79: Eastern Europe Market Share and BPS Analysis by Capacity, 2024 & 2034
Figure 80: Eastern Europe Market Y-o-Y Growth Projections by Capacity, 2024 to 2034
Figure 81: Eastern Europe Market Attractiveness Analysis by Capacity, 2024 to 2034
Figure 82: East Asia Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 83: East Asia Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 84: East Asia Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 85: East Asia Market Incremental $ Opportunity, 2024 to 2034
Figure 86: East Asia Market Share Analysis by Country, 2024 & 2034
Figure 87: East Asia Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 88: East Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 89: East Asia Market Share and BPS Analysis by Mobility, 2024 & 2034
Figure 90: East Asia Market Y-o-Y Growth Projections by Mobility, 2024 to 2034
Figure 91: East Asia Market Attractiveness Analysis by Mobility, 2024 to 2034
Figure 92: East Asia Market Share and BPS Analysis by Type, 2024 & 2034
Figure 93: East Asia Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 94: East Asia Market Attractiveness Analysis by Type, 2024 to 2034
Figure 95: East Asia Market Share and BPS Analysis by Capacity, 2024 & 2034
Figure 96: East Asia Market Y-o-Y Growth Projections by Capacity, 2024 to 2034
Figure 97: East Asia Market Attractiveness Analysis by Capacity, 2024 to 2034
Figure 98: South Asia & Pacific Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 99: South Asia & Pacific Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 100: South Asia & Pacific Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 101: South Asia & Pacific Market Incremental $ Opportunity, 2024 to 2034
Figure 102: South Asia & Pacific Market Share Analysis by Country, 2024 & 2034
Figure 103: South Asia & Pacific Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 104: South Asia & Pacific Market Attractiveness Analysis by Country, 2024 to 2034
Figure 105: South Asia & Pacific Market Share and BPS Analysis by Mobility, 2024 & 2034
Figure 106: South Asia & Pacific Market Y-o-Y Growth Projections by Mobility, 2024 to 2034
Figure 107: South Asia & Pacific Market Attractiveness Analysis by Mobility, 2024 to 2034
Figure 108: South Asia & Pacific Market Share and BPS Analysis by Type, 2024 & 2034
Figure 109: South Asia & Pacific Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 110: South Asia & Pacific Market Attractiveness Analysis by Type, 2024 to 2034
Figure 111: South Asia & Pacific Market Share and BPS Analysis by Capacity, 2024 & 2034
Figure 112: South Asia & Pacific Market Y-o-Y Growth Projections by Capacity, 2024 to 2034
Figure 113: South Asia & Pacific Market Attractiveness Analysis by Capacity, 2024 to 2034
Figure 114: MEA Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 115: MEA Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 116: MEA Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 117: MEA Market Incremental $ Opportunity, 2024 to 2034
Figure 118: MEA Market Share Analysis by Country, 2024 & 2034
Figure 119: MEA Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 120: MEA Market Attractiveness Analysis by Country, 2024 to 2034
Figure 121: MEA Market Share and BPS Analysis by Mobility, 2024 & 2034
Figure 122: MEA Market Y-o-Y Growth Projections by Mobility, 2024 to 2034
Figure 123: MEA Market Attractiveness Analysis by Mobility, 2024 to 2034
Figure 124: MEA Market Share and BPS Analysis by Type, 2024 & 2034
Figure 125: MEA Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 126: MEA Market Attractiveness Analysis by Type, 2024 to 2034
Figure 127: MEA Market Share and BPS Analysis by Capacity, 2024 & 2034
Figure 128: MEA Market Y-o-Y Growth Projections by Capacity, 2024 to 2034
Figure 129: MEA Market Attractiveness Analysis by Capacity, 2024 to 2034
- FAQs -
How big is the asphalt mixing plant market in 2024?
The global market for asphalt mixing plants is estimated at US$ 1.99 billion in 2024.
What are the projected sales of asphalt mixing plants by 2034?
Worldwide sales of asphalt mixing plants are forecasted to reach US$ 2.69 billion by the end of 2034.
What is the demand growth outlook for asphalt mixing plants?
Demand for asphalt mixing plants is calculated to increase at a CAGR of 3.1% from 2024 to 2034.
Which country accounts for high sales of asphalt mixing plants?
The market for asphalt mixing plants in the United States is projected to reach US$ 347.6 million in 2024.
What is the market value for asphalt mixing plants in Japan?
The market in Japan is forecasted to reach US$ 113.7 million in 2024.
What is the market value of drum plants in this industry?
Sales of drum plants are set to reach US$ 1.13 billion in 2024.
Who are the top producers of asphalt mixing plants?
Leading manufacturers of asphalt mixing plants are NIKKO Co. Ltd, FAYAT Group, Aimix Group, Ammann Group, and Asphalt Drum Mixers Inc.
Asphalt Mixing Plant Market