The global asphalt market is estimated to be valued at USD 4 billion in 2022 and is expected to exhibit a CAGR of 5.1% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.
A) Market Overview:
Asphalt, also known as bitumen, is a sticky, black, and highly viscous liquid or semi-solid form of petroleum. It is used predominantly in the construction of roads and highways due to its excellent binding properties. ... Read more
