The global asphalt market is estimated to be valued at USD 222.0 million in 2019 and is expected to reach a value of USD (insert market value for 2022) million by 2022, growing at a CAGR of (insert CAGR)% during the forecast period, according to 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 primarily used in road construction and ... Read more

Asphalt is a widely used construction material for pavement and roofing applications owing to its durability, flexibility, and resistance to water damage. It is made by mixing mineral aggregate and liquid asphalt cement binder. Asphalt is used in the construction of roads, bridges, parking lots, airports, and footpaths due to its load-bearing capacity and resistance to abrasion. The increasing construction of roads, highways, bridges driven by growing urbanization and industrialization has ... Read more