It is estimated for the Asphalt Mixing Plant Market to reach USD 7 billion by 2024 from that of USD 6.8 billion in 2016 witnessing the growth at a CAGR of 1.2% during the forecast period of 2014 to 2024. A residue produced by crude oil refineries and through the destructive distillation of coal, asphalt is a dark brown to a black, thick mixture of heavy hydrocarbons. Waterproofing solutions and construction of parking lots and pedestrian paths are the other applications of asphalt. Hot mix asphalt is produced in asphalt machines consisting of a cluster of electronic and mechanical gears. Iron and steel are the raw materials used in the manufacturing of asphalt mixing plants.

Plant type, end-user and region are the segmentation for the asphalt mixing plant market. Batch mix, drum mix and continuous mix are the segmentation for the market based on plant type. Based on the end-user segment, government sector and private construction companies are the categories for the asphalt mixing plant market. North America, South America, Europe, Asia Pacific and Middle East & Africa are the categories for the market based on geography. Lucrative opportunities are estimated to be developing in the developing countries of these regions.

 

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There are 3 key segments covered in this report: competitor segment, product type segment, end use/application segment.For competitor segment, the report includes global key players of Asphalt Mixing Plant as well as some small players. At least 18 companies are included:

•  MARINI
•  Ammann
•  Lintec
•  WIRTGEN
• Nikko
• Sany

For product type segment, this report listed main product type of Asphalt Mixing Plant market in global and china.

•  Below 240t/h
•  240t/h-320t/h
•  Above 320t/h

For end use/application segment, this report focuses on the status and outlook for key applications. End users are also listed.

•  Road Construction
•  Other Application

Infrastructure and construction sectors to drive the growth for the market during the forecast period.

The increase in the market for infrastructure and construction sector is fuelling the growth for the asphalt mixing plants market. The fluctuations in the infrastructure sector are driving the growth for the global asphalt mixing plants market during the forecast period. Fluctuations in road construction, repair, and maintenance sector impact the growth in the demand for the asphalt mixing plants. Increasing investments in the infrastructure of the developing countries are propelling the growth for the market during the forecast period.

Public infrastructure is the major end-use industry that is drawing the majority of the growth for the asphalt mixing plant market.

Growth in the economy of the countries is leading to the improvement of the public infrastructure which is boosting the growth of the market during the forecast period. The use of these machines in public infrastructure is also a major end-use application for the market. The growth in the market is also driven by the increasing sale of commercial and passenger vehicles.

Increase in global warming around the world to hinder the growth of the market during the forecast period.

The rise in the production of crude oil will increase the growth in the asphalt mixing plant market as petroleum refinery industry is the source of raw material for asphalt mixing plants. However, the market is estimated to be hindered by factors such as the rising level of pollution from asphalt mixing plants which is considered to be hazardous to the environment. To lessen the impacts on the environment which is leading to global warming it is becoming important for the manufacturing industry to adopt a greener method of technology. This factor may also play a major role in restricting the growth of the market during the forecast period.

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The following are the major objectives of the study:

• To define, describe, and forecast the asphalt mixing plant market on the basis of product, application and region.
• To provide detailed information regarding major factors influencing growth of the market (drivers, restraints, and opportunities).
• To strategically analyze micromarkets with respect to individual growth trends, future prospects, and contributions to the overall market.
• To analyze the opportunities in the market for key stakeholders and provide details of the competitive landscape for leading market players.
• To forecast the size of the market segments with respect to four main regions, namely, North America, Europe, Asia-Pacific, and the Rest of the World (RoW).
• To strategically profile the key market players and comprehensively analyze their market shares and core competencies.
• To track and analyze competitive developments such as acquisitions, expansions, new product launches, agreements, and collaborations in the asphalt mixing plant market.

Critical Questions which the report answers:

 

• What are the major vendor/manufacturers in the market? What is their growth potential during next decade?
• What are the key revenue generating pockets for asphalt mixing plant market and their future potential during next decade?
• How competitive landscape is evolving in asphalt mixing plant market?

Table of content

Chapter One Introduction of Asphalt Mixing Plant Industry
1.1 Brief Introduction of Asphalt Mixing Plant
1.2 Development of Asphalt Mixing Plant Industry
1.3 Status of Asphalt Mixing Plant Industry

Chapter Two Manufacturing Technology of Asphalt Mixing Plant
2.1 Development of Asphalt Mixing Plant Manufacturing Technology
2.2 Analysis of Asphalt Mixing Plant Manufacturing Technology
2.3 Trends of Asphalt Mixing Plant Manufacturing Technology

 

Chapter Three Analysis of Global Key Manufacturers
3.1 MARINI
3.1.1 Company Profile
3.1.2 Product Information
3.1.3 2014–2019 Production Information

Key Que Answered in this report:

1. What will the Global Asphalt Mixing Plant Market?
2. What are the key factors Asphalt Mixing Plant Market?
3. What are the key market trends in the Asphalt Mixing Plant Market?
4. improve pasting the growth of this Asphalt Mixing Plant market?
5. What are the market opportunities and threats faced by the Asphalt Mixing Plant Market?
6. What are the key outcomes of the five forces analysis of the Asphalt Mixing Plant market?

What is our report offers:

Strategic suggestions and proposals for the beginners to understand
Assessments of the market share from different countries and regions were conducted
Top key market players, market share analysis included.
The market observations such as constraints, drivers, threats, opportunities, investment opportunities, challenges, and recommendations are added.
The competitive landscaping mappings of the ongoing trends are discussed.
Based on the market estimations, the strategic recommendations are made in the business segments

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