Industry Analysis & Industry Trends
Industry revenue growth has steadily recovered since the recession, driven by strong government investments in road and highway construction. Industry profitability also rose on the back of the recovery from the recession and lower domestic crude oil prices. Over the next five years, the industry is projected to grow strongly as downstream demand, particularly from residential construction, picks up... purchase to read more
Industry Report - Industry Products Chapter
Industry products are primarily separated into paving material for roads and roofing material for houses.
Asphalt paving mixtures
This product segment is comprised of asphalt paving blocks, asphalt concrete and other non-liquid asphaltic paving material. Asphalt paving blocks and concrete are manufactured by mixing bitumen and crushed rocks. Asphalt concrete and paving material are mostly commonly used in road and highway construction, as well as other heavy infrastructure projects. Over the past five years, demand for asphalt paving mixtures have increased, due to strengthened government funding for infrastructure construction. In 2014, asphalt paving mixtures are expected to account for 36.5% of industry revenue... purchase to read more