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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 2016

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

IBISWorld’s Asphalt Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 11-16
-0.5%
Annual Growth 16-21
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Profit
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Employment
4,608
Businesses
103
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 Analysis Chapter

The Asphalt Manufacturing industry is composed of road and construction material manufacturers. Industry operators manufacture asphalt paving blocks, mixtures and emulsions, which are used to construct roads and highways. Additionally, industry operators manufacture asphalt shingles, mats, roofing cement and coating for residential and commercial building construction. Demand for industry products is highly dependent on construction expenditures, which experienced mixed performance over the past five years. In particular, the US housing crisis and subsequent recession dragged down the domestic housing market, leading to lower demand for construction materials manufactured by industry operators... 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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