Home > HVAC & Construction > Asphalt Mixing Plants Market

Asphalt Mixing Plants Market Size By Process (Batch, Continuous [Counter, Parallel]), By Product (Portable, Stationary), By Capacity (Below 50T/H, 50-150T/H, 151-300T/H, Above 300T/H), By Application (Road Construction), COVID-19 Impact Analysis, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2022 - 2028

  • Report ID: GMI1998
  • Published Date: Jul 2022
  • Report Format: PDF

Industry Trends

Asphalt Mixing Plants Market volume stood at around 19,540 units in 2021 and will exhibit a growth rate of over 2.3% from 2022 to 2028. The increasing road construction activities coupled with growing infrastructural development in countries are likely to propel the industry growth.
 

Asphalt Mixing Plants Market

Get more details on this report - Request Free Sample PDF
 

Increasing asphalt production across the globe is a prime factor that will drive market demand. Countries, including India, Vietnam, and the Philippines, will be investing heavily in road constructions & improvements in the coming decades to enhance their ranking. Over the past few years, tremendous growth in urban centers were witnessed as people moved from countryside to cities to live and work. Increased disposable incomes will drive up private vehicle ownership, placing greater demands on roads and eventually augmenting road construction projects, particularly in China and India.
 

High adoption of batch processing plants

The batch process segment from asphalt mixing plants market is anticipated to reach about 15,900 units by 2028. The high growth rate is mainly attributed to the rapidly increasing demand in different road construction applications. Bins in the top section of the tower hold dried aggregates of numerous sizes. They automatically dispense the correct amount of the required aggregate depending on the mix. Batch plants guarantee maximum flexibility and are suitable for urban areas, where they are necessary to satisfy a range of different product specifications and promptly respond to the diverse needs of customers.
 

Rising demand for stationary plants to boost the market statistics

Global Asphalt Mixing Plants Market, by Product

Get more details on this report - Request Free Sample PDF
 

The stationary asphalt mixing plants market is poised to witness nearly 2.5% CAGR through 2028 led by the new & ongoing large-scale construction projects requiring a huge amount of asphalt aggregates. Stationary mixing plants have several different components, which consist of an aggregate elevator, a coal feeder, a drum dryer, and an asphalt storage unit. They work together to create the required type of material in a heated drum, where it is processed. These plants are ideal for manufacturers producing high volumes of asphalt without frequently shifting from one place to another.
 

Surging demand for below 50T/H plants

The below 50T/H segment is set to hold above 30% of the asphalt mixing plants market volume share by 2028. The segment establishes new standards for producing asphalt batch mixes in output classes with rates below 50 t/h. Its goal is to make it simpler to create a quality asphalt mix for constructing roads in challenging terrains. Additionally, this batch mixing facility is convenient to access and has been optimized to reduce wear and maintenance.
 

A rapid surge in road construction activities globally

Global Asphalt Mixing Plants Market, by Application

Get more details on this report - Request Free Sample PDF
 

The asphalt mixing plants market from road construction application is projected to witness 2.3% gains till 2028. Rising demand to improve road conditions and construct new ones in several countries across the globe is propelling the industry revenue. Increasing government investments for infrastructure improvement in their countries will fuel the demand in road construction activities. Asphalt is a cost-effective means compared to other road construction materials. The rising population in Asia Pacific and the Middle East has resulted in the increased demand for infrastructural development.
 

Asia Pacific to observe significant growth

Global Asphalt Mixing Plants Market, by Region

Get more details on this report - Request Free Sample PDF
 

Asia Pacific asphalt mixing plants market size is likely to reach over 12,430 units by 2028. APAC is expected to see the highest growth, majorly due to high product manufacturing in countries including China and India. Furthermore, the booming automobile industry, particularly in China and India, is placing a greater product demand, which will eventually increase the road construction projects in the region.
 

Product expansion is one of the major strategic outlooks

The asphalt mixing plants market players are constantly upgrading their technologies and adopting aggressive marketing strategies. Companies, including Ammann and Benninghoven, follow strategies, such as acquisitions, product innovations, and regional expansion, to stay ahead in the market and broaden their customer base.
 

This market research report on asphalt mixing plants includes in-depth coverage of the industry with estimates & forecast in terms of volume in units from 2018 to 2028, for the following segments

Market, By Process

  • Batch
  • Continuous

Market, By Product

  • Portable
  • Stationary

Market, By Application

  • Road construction
  • Others

Market, By Capacity

  • Below 50T/H
  • 50-150T/H
  • 151-300T/H
  • Above 300T/H

The above information is provided on a regional and country basis for the following:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • New Zealand
    • RO Australasia
    • Indonesia
    • Malaysia
    • Thailand
    • RO SEA
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa
    • Middle East
      • GCC
      • RO ME
    • Africa

 

Authors: Kiran Pulidindi, Akshay Prakash

Frequently Asked Questions (FAQ) :

The market size of asphalt mixing plants crossed 19,540 units in 2021 and will record 2.3% CAGR during 2022-2028, says this GMI report.

Global asphalt mixing plants industry from the batch process segment is predicted to surpass 15,900 units by 2028 due to the strong demand for the product in road construction applications.

The stationary asphalt mixing plants demand is expected to register a 2.5% CAGR through 2028 with consistent demand from large-scale construction activities which need massive quantities of asphalt aggregates.

APAC asphalt mixing plants industry volume is expected to be over 12,430 units by 2028 with continuous demand from countries like India and China where road construction projects are on the rise.

Speco Limited, Nikko Co. Ltd., Ammann Group Holding AG, GP Gunter Papenburg AG, and Lintec & Linnhoff Germany GmbH, among many others, are the top industry participants.

Buy Now

Access to only 1 person; cannot be shared; cannot be printed
Access for 2 to 5 users only within same department of one company
Access to a company wide audience; includes subsidiary companies or other companies within a group of companies
Immediate Delivery Available

Premium Report Details

  • Base Year: 2021
  • Companies covered: 26
  • Tables & Figures: 396
  • Countries covered: 22
  • Pages: 250

Get a report that explains COVID-19 impact on this market

 Request Free Sample

Budget constraints? Get in touch with us for special pricing

Request Discount