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 2016, and profit will spike as falling oil prices lower the cost of petroleum-based inputs used in asphalt manufacturing. In the five years to 2021, revenue is expected to slighty contract, constrained by fears of a Canadian housing bubble and a slowdown in government spending... purchase to read more
Industry Report - Industry Investment Chapter
The Asphalt Manufacturing industry has a moderate to high level of capital intensity. For the most part, capital investments are concentrated on manufacturing plants, machinery and transportation vehicle. Asphalt is manufactured by combining crushed rock, sand and gravel with a binding material, such as bitumen. Rocks and other aggregate material must be heated and combined with hot bitumen. The end-product needs to be heated during storage, because asphalt sets and harden once cooled. As a result, asphalt production plants are primarily composed of storage facilities and heating machinery for asphalt and its intermediary products.
Recent capital investments have targeted more effective measurement tools... purchase to read more