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Asphalt Manufacturing in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Asphalt Manufacturing in Canada Market Research Report | NAICS 32412CA | Mar 2015

Through the roof: Housing rebound fuels revenue, but fears of bubble may constrain growth

The Asphalt Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 10-15
2.5%
Annual Growth 15-20
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Profit
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Employment
4,688
Businesses
104
Industry Analysis & Industry Trends

The Asphalt Manufacturing industry has experienced volatile demand over the past five years. As the housing market declined in the wake of the recession, industry manufacturers experienced weakened demand for asphalt products used in construction. Nevertheless, government stimulus spending on infrastructure, including roads and highways, provided short-term relief to the industry. Revenue is expected to grow in 2015, and profit will spike as falling oil prices lower the cost of petroleum-based inputs used in asphalt manufacturing. In the five years to 2015, revenue is expected to continue growing, but will be constrained by fears of a Canadian housing bubble and a slowdown in government spending... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Asphalt Manufacturing industry has a low level of market share concentration. For the most part, high transportation costs make it difficult for firms to ship products across the country, thereby limiting each company's market share. High transportation costs typically make acquisitions costly. Husky Energy is the only dominant asphalt producer in Canada. However, the company produces asphalt through its petroleum refinery and is not included in this industry (see IBISWorld report 32411CA). Over the past five years, market share concentration has remained relatively steady. A moderate influx of new operators was matched by revenue growth... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Asphalt Manufacturing Industry?

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.

Industry Products
Asphalt paving emulsionsAsphalt paving mixturesAsphalt shingles Asphalt roof coatings
 
Industry Activities
Manufacturing asphalt paving blocksManufacturing asphalt paving mixturesManufacturing asphalt roofing coatingsManufacturing asphalt shinglesManufacturing asphalt saturated mats and feltsManufacturing asphalt roofing cementsManufacturing undercoating for motor vehicles


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