Recycled Asphalt Market

Recycled Asphalt Market Study by Hot and Cold Recycling Asphalt for Patch Material, Hot Mix Asphalt, Temporary Driveways & Roads, Road Aggregates, and Interlocking Bricks from 2023 to 2033

Analysis of Recycled Asphalt Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Japan, Korea, Nordics, GCC countries and many more

Recycled Asphalt Market Growth Outlook (2023 to 2033)

Based on the analysis by Fact.MR, the global recycled asphalt market is estimated to be valued at US$ 7.6 billion in 2023 and it is forecasted to grow at a CAGR of 4.7% to reach US$ 12.0 billion by the end of 2033.

Recycled asphalt has gained tremendous popularity in the infrastructure development and construction industry. Other uses of recycled asphalt include roofing and waterproofing.

Report Attributes

Details

Recycled Asphalt Market Size (2022A)

US$ 7.2 Billion

Estimated Market Value (2023E)

US$ 7.6 Billion

Forecasted Market Value (2033F)

US$ 12.0 Billion

Global Market Growth Rate (2023-2033)

4.7% CAGR

North America Market Share (2023)

37.2%

Key Companies Profiled

  • Bodean Company
  • Cherry Companies
  • Pavement Recycling System, Inc.
  • The Kraemer Company LLC
  • Wirtgen Group

Don't Need a Global Report?

save 40%! on Country & Region specific reports

Historic and Future Pathway Analysis for the Recycled Asphalt Market

Recycled asphalt is made of high-quality graded aggregates coated with asphalt cement which can be used to produce hot asphalt mixes, cold asphalt mixes, and asphalt concrete for subgrade construction. Most recycled asphalt is usually destined to return to street construction. This is due to the recycled asphalt grading curve.

Recycled asphalt is less expensive than traditional new asphalt because it is made from existing pavement. Further, it is an eco-friendly alternative to virgin asphalt which is made from a petroleum product, hence, using recycled material help to lower the carbon footprint.

  • Short Term (2023-2026): Adopting sustainable construction practices is stimulating the demand for recycled asphalts.
  • Medium Term (2026-2029): The Asia-Pacific recycled asphalt market is expected to witness remarkable growth owing to increasing infrastructure development and growing demand for sustainable building materials.
  • Long Term (2029-2033): Government expenditures on road development, promoting recycling initiatives, and others to create an opportunity for market growth.

According to the Fact.MR, a market research and competitive intelligence provider, the market is projected to exhibit growth at 4.7% CAGR between 2023 and 2033.

Market Dynamics Overview

“Consistent Increase in Highway/Roads Constructions to Supplement Growth”

Growth in the road and construction industry is having a positive impact on the recycled asphalt market. Using recycled asphalt for rebuilding roads, paving patches, and building small trails drives the market growth.

Recycled asphalt also plays an important role in improving the durability and surface of gravel roads. Adding recycled asphalt to gravel, minimizes gravel road noise, dust emissions, and gravel displacement from the road. Recycled asphalt is highly functional while constructing temporary driveways and roads.

Road pavements constructed from virgin asphalt tend to exhibit the urban heat island effect. The materials used absorb heat from the sun into the ground, keeping the area warm. However, pavers made from recycled asphalt are light in color and less susceptible to heat absorption. Therefore, the consumption of recycled asphalt in pavements will lead to a reduced urban heat island effect and increase the growth prospects of the global recycled asphalt market.

In recent years, the asphalt recycling market has developed rapidly. The main reason behind the growth and use of recycled asphalt is the recent rise in petroleum prices.

“Factors Affecting Market Growth”

Asphalt is a petrochemical product, and fluctuations in oil prices directly hampered the price of asphalt, so it is highly volatile. One of the biggest concerns is that the quality of the material may not be as high as new asphalt.

Asphalt is an important raw material for pavement construction, so fluctuating petrochemical prices can affect the supply and demand of construction projects by the government and road construction companies. As a result, road substitutes such as concrete, gypsum, and bio-asphalt are being used more and more.

The recycled asphalt market cannot be separated from the asphalt market. Therefore, fluctuations in asphalt price and supply during the forecast period are impacting the global reclaimed asphalt market.

More Insights, Lesser Cost (-50% off)

Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR

Country-wise Insights

Why is the U.S. increasing the demand for Recycled Asphalt Market?

Advanced recycling technology plays a key role in the development and demand of the recycled asphalt market. Additionally, government policies in countries such as the United States focus on zero-emission practices for construction purposes further increasing the use of recycled asphalt.

For instance, more than 15 U.S. states have signed a memorandum of understanding (MOU) to work together to replace fossil fuel-powered dirt vehicles with zero-emission electric vehicles. Therefore, North America is expected to capture a 37.2% market share by accumulating over US$ 1.2 billion in absolute dollar opportunities over the forecast period.

Will China Present a Lucrative Market for Recycled Asphalt During the Forecast Period?

Governments in countries such as China are investing in infrastructure development. Additionally, increased demand from road repairs and construction sites is boosting sales of recycled asphalt in the country.

Large-scale road infrastructure projects such as China's Belt and Road Initiative (BRI) have provided significant impetus to the expansion of the recycled asphalt industry. BRI's total funding is between $50 billion and $100 billion annually which includes the cost of carrying out road repairs. Thus, creating immense growth opportunities for the market players.

Category-wise Insights

Will Reconstruction Boost Demand for Hot Recycled Asphalt?

The demand for hot asphalt recycling processes is growing as it offers more advantages compared to cold asphalt recycling processes. Hot asphalt or warm mix reclaimed asphalt can help speed up road repair. This, lead to saving energy and resource.

Therefore, the hot recycling asphalt process is expected to grow at a CAGR of 4.1% during the forecast period. Additionally, hot recycled asphalt ensures optimal manual laying and is easy to handle, store, and other.

Will Patch Material Application Generate Maximum Recycled Asphalt Demand?

On the basis of application, patch material I estimated to grow at a CAGR of 4.0% during the forecast period. Patch materials repair surfaces such as potholes, roads, bridges, parking lots, driveways, and sidewalks.

The use of recycled asphalt is economical as well as they are effective in all weather conditions, reducing the chance of potholes and other damage in the road, eliminating the need for expensive repairs, and requiring no priming.

There are several manufacturers in the global market that offer recycled asphalt for paving applications. For instance, AS Systems offers a range of cold patch asphalts suitable for repairing dangerous potholes and large cracks in minutes. It is widely used in parking lots, driveways, roads, and others.

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

Eminent Players Key Stratagems

Prominent recycled asphalt manufacturers are Bodean Company, Cherry Companies, Pavement Recycling System, Inc., The Kraemer Company LLC, and Wirtgen Group

The majority of the companies are focusing on establishing partnerships with road construction companies, introducing workshops to aware people of benefits, and continuously investing in research and development. Manufacturers use mineral materials such as gravel, sand, crushed stone, slag, or other materials to process aggregates.

Government guidelines on the usage of recycling material favor market growth. For instance,

  • The Federal Highway Administration (FHWA) has taken a particular interest in promoting asphalt recycling because using asphalt in new road projects saves taxpayers money and is more environmentally friendly than using virgin materials. National Asphalt Pavement Association to track the amount consumed and stored nationwide at the end of each calendar year.

Fact.MR has provided detailed information about the price points of key manufacturers of recycled asphalt positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.

Segmentation of Recycled Asphalt Industry Research

  • By Type :

    • Hot
    • Cold
  • By Application :

    • Patch Material
    • Hot Mix Asphalt
    • Temporary Driveways and Roads
    • Road Aggregate
    • Interlocking Bricks
    • New Asphalt Shingles
    • Energy Recovery
  • By Region :

    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • Middle East & Africa

Table of Content

1. Market - Executive Summary

2. Market Overview

    2.1. Market Definition and Introduction

    2.2. Market Taxonomy/ Research Scope

3. Market Background and Foundation Data

    3.1. Global Construction Industry Outlook

    3.2. Global Construction Material Market Analysis

    3.3. Global Asphalt Market Overview

    3.4. Recycled Asphalt: Application Mapping

    3.5. Production Method Overview: Recycled Asphalt

    3.6. Recycled Asphalt: Apparent Production & Consumption Analysis

        3.6.1. Production Capacity (Kilo Tons)

            3.6.1.1. By Key Regions

            3.6.1.2. By Key Companies

        3.6.2. Consumption Statistics

        3.6.3. Apparent Trade Analysis

    3.7. Market Opportunity Assessment

        3.7.1. Total Available Market (US$ million)

        3.7.2. Serviceable Addressable Market (US$ million)

        3.7.3. Serviceable Obtainable Market (US$ million)

    3.8. Market Dynamics

        3.8.1. Market Growth Drivers

        3.8.2. Market Restraints

        3.8.3. Market Opportunity

        3.8.4. Market Trends

    3.9. Industry Value and Supply Chain Analysis

        3.9.1. Value Added at Each Node of Supply Chain

        3.9.2. Gross Profitability Margins (at Every Level)

        3.9.3. List of Key Participants

            3.9.3.1. Key Raw material suppliers

            3.9.3.2. Key Manufacturers

            3.9.3.3. Key Distributor/Traders / Mid-Level Agents

            3.9.3.4. Key Brands

            3.9.3.5. Key End-use Industries

    3.10. Forecast Factors – Relevance and Impact

    3.11. PESTLE Analysis

    3.12. Porter’s Five Force Analysis

    3.13. Investment Feasibility Analysis

4. Global Demand (Tons) Analysis and Forecast

    4.1. Historical Market Volume (Tons) Analysis, 2018-2022

    4.2. Current and Future Market Volume (Tons) Projections, 2023-2033

    4.3. Y-o-Y Volume Growth Trend Analysis

5. Global Market - Pricing Analysis

    5.1. Type and Country-Level Pricing Analysis

    5.2. Global Average Pricing Analysis Benchmark

    5.3. Factors Influencing Pricing

6. Global Market Value (US$ million) Analysis and Forecast

    6.1. Historical Market Value (US$ million) Analysis, 2018-2022

    6.2. Current and Future Market Value (US$ million) Projections, 2023-2033

        6.2.1. Y-o-Y Growth Trend Analysis

        6.2.2. Absolute $ Opportunity Analysis

7. Global Market Analysis and Forecast, By Type

    7.1. Introduction / Key Findings

    7.2. Historical Market Size (US$ million) and Volume (Tons) Analysis By Type, 2018-2022

    7.3. Current and Future Market Size (US$ million) Analysis and Volume (Tons) Forecast By Type, 2023-2033

        7.3.1. Hot

        7.3.2. Cold

    7.4. Market Attractiveness Analysis By Type

8. Global Market Analysis and Forecast, By Application

    8.1. Introduction / Key Findings

    8.2. Historical Market Size (US$ million) and Volume (Tons) Analysis By Application, 2018-2022

    8.3. Current and Future Market Size (US$ million) Analysis and Volume (Tons) Forecast By Application, 2023-2033

        8.3.1. Patch Material

        8.3.2. Hot Mix Asphalt

        8.3.3. Temporary Driveways and Roads

        8.3.4. Road Aggregate

        8.3.5. Interlocking Bricks

        8.3.6. New Asphalt Shingles

        8.3.7. Energy Recovery

    8.4. Market Attractiveness Analysis By Application

9. Global Market Analysis and Forecast, By Region

    9.1. Introduction / Key Findings

    9.2. Historical Market Size (US$ million) and Volume (Tons) Analysis By Region, 2018-2022

    9.3. Current Market Size (US$ million) Analysis and Volume (Tons) Forecast By Region, 2023-2033

        9.3.1. North America

        9.3.2. Latin America

        9.3.3. Europe

        9.3.4. East Asia

        9.3.5. South Asia & Oceania

        9.3.6. Middle East & Africa

    9.4. Market Attractiveness Analysis By Region

10. North America Market Analysis and Forecast

    10.1. Introduction / Key Findings

    10.2. Pricing Analysis

    10.3. Historical Market Size (US$ million) and Volume (Tons) Trend Analysis By Market Taxonomy, 2018-2022

    10.4. Market Size (US$ million) and Volume (Tons) Forecast By Market Taxonomy, 2023-2033

        10.4.1. By Country

            10.4.1.1. U.S.

            10.4.1.2. Canada

        10.4.2. By Type

        10.4.3. By Application

    10.5. Market Attractiveness Analysis

        10.5.1. By Country

        10.5.2. By Type

        10.5.3. By Application

11. Latin America Market Analysis and Forecast

    11.1. Introduction / Key Findings

    11.2. Pricing Analysis

    11.3. Historical Market Size (US$ million) and Volume (Tons) Trend Analysis By Market Taxonomy, 2018-2022

    11.4. Market Size (US$ million) and Volume (Tons) Forecast By Market Taxonomy, 2023-2033

        11.4.1. By Country

            11.4.1.1. Brazil

            11.4.1.2. Mexico

            11.4.1.3. Argentina

            11.4.1.4. Rest of Latin America

        11.4.2. By Type

        11.4.3. By Application

    11.5. Market Attractiveness Analysis

        11.5.1. By Country

        11.5.2. By Type

        11.5.3. By Application

12. Europe Market Analysis and Forecast

    12.1. Introduction / Key Findings

    12.2. Pricing Analysis

    12.3. Historical Market Size (US$ million) and Volume (Tons) Trend Analysis By Market Taxonomy, 2018-2022

    12.4. Market Size (US$ million) and Volume (Tons) Forecast By Market Taxonomy, 2023-2033

        12.4.1. By Country

            12.4.1.1. Germany

            12.4.1.2. France

            12.4.1.3. Italy

            12.4.1.4. Spain

            12.4.1.5. U.K.

            12.4.1.6. BENELUX

            12.4.1.7. Russia

            12.4.1.8. Rest of Europe

        12.4.2. By Type

        12.4.3. By Application

    12.5. Market Attractiveness Analysis

        12.5.1. By Country

        12.5.2. By Type

        12.5.3. By Application

13. East Asia Market Analysis and Forecast

    13.1. Introduction / Key Findings

    13.2. Pricing Analysis

    13.3. Historical Market Size (US$ million) and Volume (Tons) Trend Analysis By Market Taxonomy, 2018-2022

    13.4. Market Size (US$ million) and Volume (Tons) Forecast By Market Taxonomy, 2023-2033

        13.4.1. By Country

            13.4.1.1. China

            13.4.1.2. Japan

            13.4.1.3. South Korea

        13.4.2. By Type

        13.4.3. By Application

    13.5. Market Attractiveness Analysis

        13.5.1. By Country

        13.5.2. By Type

        13.5.3. By Application

14. South Asia & Oceania Market Analysis and Forecast

    14.1. Introduction / Key Findings

    14.2. Pricing Analysis

    14.3. Historical Market Size (US$ million) and Volume (Tons) Trend Analysis By Market Taxonomy, 2018-2022

    14.4. Market Size (US$ million) and Volume (Tons) Forecast By Market Taxonomy, 2023-2033

        14.4.1. By Country

            14.4.1.1. India

            14.4.1.2. Thailand

            14.4.1.3. Indonesia

            14.4.1.4. Malaysia

            14.4.1.5. Australia & New Zealand

            14.4.1.6. Rest of South Asia & Oceania

        14.4.2. By Type

        14.4.3. By Application

    14.5. Market Attractiveness Analysis

        14.5.1. By Country

        14.5.2. By Type

        14.5.3. By Application

15. Middle East & Africa Market Analysis and Forecast

    15.1. Introduction / Key Findings

    15.2. Pricing Analysis

    15.3. Historical Market Size (US$ million) and Volume (Tons) Trend Analysis By Market Taxonomy, 2018-2022

    15.4. Market Size (US$ million) and Volume (Tons) Forecast By Market Taxonomy, 2023-2033

        15.4.1. By Country

            15.4.1.1. GCC Countries

            15.4.1.2. South Africa

            15.4.1.3. Northern Africa

            15.4.1.4. Turkiye

            15.4.1.5. Rest of Middle East & Africa

        15.4.2. By Type

        15.4.3. By Application

    15.5. Market Attractiveness Analysis

        15.5.1. By Country

        15.5.2. By Type

        15.5.3. By Application

16. Country-level Market Analysis and Forecast

    16.1. Introduction / Key Findings

        16.1.1. Market Value Proportion Analysis, By Key Countries

        16.1.2. Global Vs. Country Growth Comparison

    16.2. US Market Analysis

        16.2.1. Value Proportion Analysis by Market Taxonomy

        16.2.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            16.2.2.1. By Type

            16.2.2.2. By Application

    16.3. Canada Market Analysis

        16.3.1. Value Proportion Analysis by Market Taxonomy

        16.3.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            16.3.2.1. By Type

            16.3.2.2. By Application

    16.4. Brazil Market Analysis

        16.4.1. Value Proportion Analysis by Market Taxonomy

        16.4.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            16.4.2.1. By Type

            16.4.2.2. By Application

    16.5. Mexico Market Analysis

        16.5.1. Value Proportion Analysis by Market Taxonomy

        16.5.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            16.5.2.1. By Type

            16.5.2.2. By Application

    16.6. Argentina Market Analysis

        16.6.1. Value Proportion Analysis by Market Taxonomy

        16.6.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            16.6.2.1. By Type

            16.6.2.2. By Application

    16.7. Germany Market Analysis

        16.7.1. Value Proportion Analysis by Market Taxonomy

        16.7.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            16.7.2.1. By Type

            16.7.2.2. By Application

    16.8. France Market Analysis

        16.8.1. Value Proportion Analysis by Market Taxonomy

        16.8.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            16.8.2.1. By Type

            16.8.2.2. By Application

    16.9. Italy Market Analysis

        16.9.1. Value Proportion Analysis by Market Taxonomy

        16.9.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            16.9.2.1. By Type

            16.9.2.2. By Application

    16.10. Spain Market Analysis

        16.10.1. Value Proportion Analysis by Market Taxonomy

        16.10.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            16.10.2.1. By Type

            16.10.2.2. By Application

    16.11. BENELUX Market Analysis

        16.11.1. Value Proportion Analysis by Market Taxonomy

        16.11.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            16.11.2.1. By Type

            16.11.2.2. By Application

    16.12. Russia Market Analysis

        16.12.1. Value Proportion Analysis by Market Taxonomy

        16.12.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            16.12.2.1. By Type

            16.12.2.2. By Application

    16.13. U.K. Market Analysis

        16.13.1. Value Proportion Analysis by Market Taxonomy

        16.13.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            16.13.2.1. By Type

            16.13.2.2. By Application

    16.14. China Market Analysis

        16.14.1. Value Proportion Analysis by Market Taxonomy

        16.14.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            16.14.2.1. By Type

            16.14.2.2. By Application

    16.15. Japan Market Analysis

        16.15.1. Value Proportion Analysis by Market Taxonomy

        16.15.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            16.15.2.1. By Type

            16.15.2.2. By Application

    16.16. South Korea Market Analysis

        16.16.1. Value Proportion Analysis by Market Taxonomy

        16.16.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            16.16.2.1. By Type

            16.16.2.2. By Application

    16.17. India Market Analysis

        16.17.1. Value Proportion Analysis by Market Taxonomy

        16.17.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            16.17.2.1. By Type

            16.17.2.2. By Application

    16.18. ASEAN Countries Market Analysis

        16.18.1. Value Proportion Analysis by Market Taxonomy

        16.18.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            16.18.2.1. By Type

            16.18.2.2. By Application

    16.19. Australia Market Analysis

        16.19.1. Value Proportion Analysis by Market Taxonomy

        16.19.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            16.19.2.1. By Type

            16.19.2.2. By Application

    16.20. GCC Countries Market Analysis

        16.20.1. Value Proportion Analysis by Market Taxonomy

        16.20.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            16.20.2.1. By Type

            16.20.2.2. By Application

    16.21. Turkiye Market Analysis

        16.21.1. Value Proportion Analysis by Market Taxonomy

        16.21.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            16.21.2.1. By Type

            16.21.2.2. By Application

    16.22. South Africa Market Analysis

        16.22.1. Value Proportion Analysis by Market Taxonomy

        16.22.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            16.22.2.1. By Type

            16.22.2.2. By Application

17. Market Structure Analysis

    17.1. Market Analysis by Tier of Companies

    17.2. Market Concentration of Players

    17.3. Market Share Analysis of Top Players

    17.4. Market Presence Analysis

18. Competition Analysis

    18.1. Competition Dashboard

    18.2. Competition Benchmarking of Products

    18.3. Competition Deep Dive:

        18.3.1. Bodean Company

            18.3.1.1. Overview

            18.3.1.2. Product Portfolio

            18.3.1.3. Key Financials

            18.3.1.4. Sales Footprint

            18.3.1.5. SWOT Analysis

            18.3.1.6. Key Developments

            18.3.1.7. Strategy Overview

        18.3.2. CertainTeed

            18.3.2.1. Overview

            18.3.2.2. Product Portfolio

            18.3.2.3. Key Financials

            18.3.2.4. Sales Footprint

            18.3.2.5. SWOT Analysis

            18.3.2.6. Key Developments

            18.3.2.7. Strategy Overview

        18.3.3. Cherry Companies

            18.3.3.1. Overview

            18.3.3.2. Product Portfolio

            18.3.3.3. Key Financials

            18.3.3.4. Sales Footprint

            18.3.3.5. SWOT Analysis

            18.3.3.6. Key Developments

            18.3.3.7. Strategy Overview

        18.3.4. Downer Group

            18.3.4.1. Overview

            18.3.4.2. Product Portfolio

            18.3.4.3. Key Financials

            18.3.4.4. Sales Footprint

            18.3.4.5. SWOT Analysis

            18.3.4.6. Key Developments

            18.3.4.7. Strategy Overview

        18.3.5. GAF Materials

            18.3.5.1. Overview

            18.3.5.2. Product Portfolio

            18.3.5.3. Key Financials

            18.3.5.4. Sales Footprint

            18.3.5.5. SWOT Analysis

            18.3.5.6. Key Developments

            18.3.5.7. Strategy Overview

        18.3.6. Lone Star Paving

            18.3.6.1. Overview

            18.3.6.2. Product Portfolio

            18.3.6.3. Key Financials

            18.3.6.4. Sales Footprint

            18.3.6.5. SWOT Analysis

            18.3.6.6. Key Developments

            18.3.6.7. Strategy Overview

        18.3.7. Owens Corning

            18.3.7.1. Overview

            18.3.7.2. Product Portfolio

            18.3.7.3. Key Financials

            18.3.7.4. Sales Footprint

            18.3.7.5. SWOT Analysis

            18.3.7.6. Key Developments

            18.3.7.7. Strategy Overview

        18.3.8. Pavement Recycling System, Inc.

            18.3.8.1. Overview

            18.3.8.2. Product Portfolio

            18.3.8.3. Key Financials

            18.3.8.4. Sales Footprint

            18.3.8.5. SWOT Analysis

            18.3.8.6. Key Developments

            18.3.8.7. Strategy Overview

        18.3.9. The Kraemer Company LLC

            18.3.9.1. Overview

            18.3.9.2. Product Portfolio

            18.3.9.3. Key Financials

            18.3.9.4. Sales Footprint

            18.3.9.5. SWOT Analysis

            18.3.9.6. Key Developments

            18.3.9.7. Strategy Overview

        18.3.10. Wirtgen Group

            18.3.10.1. Overview

            18.3.10.2. Product Portfolio

            18.3.10.3. Key Financials

            18.3.10.4. Sales Footprint

            18.3.10.5. SWOT Analysis

            18.3.10.6. Key Developments

            18.3.10.7. Strategy Overview

        18.3.11. Other Prominent Players

            18.3.11.1. Overview

            18.3.11.2. Product Portfolio

            18.3.11.3. Key Financials

            18.3.11.4. Sales Footprint

            18.3.11.5. SWOT Analysis

            18.3.11.6. Key Developments

            18.3.11.7. Strategy Overview

19. Assumptions & Acronyms Used

20. Research Methodology

Don't Need a Global Report?

save 40%! on Country & Region specific reports

List Of Table

Table 1: Global Market Value (US$ million) by Region, 2018-2022

Table 2: Global Market Value (US$ million) and Forecast by Region, 2023-2033

Table 3: Global Market Volume (Tons) by Region, 2018-2022

Table 4: Global Market Volume (Tons) and Forecast by Region, 2023-2033

Table 5: Global Market Value (US$ million), By Type, 2018-2022

Table 6: Global Market Value (US$ million) and Forecast By Type, 2023-2033

Table 7: Global Market Volume (Tons), By Type, 2018-2022

Table 8: Global Market Volume (Tons) and Forecast By Type, 2023-2033

Table 9: Global Market Value (US$ million), By Application, 2018-2022

Table 10: Global Market Value (US$ million) and Forecast By Application, 2023-2033

Table 11: Global Market Volume (Tons), By Application, 2018-2022

Table 12: Global Market Volume (Tons) and Forecast By Application, 2023-2033

Table 13: North America Market Value (US$ million), by Country, 2018-2022

Table 14: North America Market Value (US$ million) and Forecast by Country, 2023-2033

Table 15: North America Market Volume (Tons), by Country, 2018-2022

Table 16: North America Market Volume (Tons) and Forecast by Country, 2023-2033

Table 17: North America Market Value (US$ million), By Type, 2018-2022

Table 18: North America Market Value (US$ million) and Forecast By Type, 2023-2033

Table 19: North America Market Volume (Tons), By Type, 2018-2022

Table 20: North America Market Volume (Tons) and Forecast By Type, 2023-2033

Table 21: North America Market Value (US$ million), By Application, 2018-2022

Table 22: North America Market Value (US$ million) and Forecast By Application, 2023-2033

Table 23: North America Market Volume (Tons), By Application, 2018-2022

Table 24: North America Market Volume (Tons) and Forecast By Application, 2023-2033

Table 25: Latin America Market Value (US$ million), by Country, 2018-2022

Table 26: Latin America Market Value (US$ million) and Forecast by Country, 2023-2033

Table 27: Latin America Market Volume (Tons), by Country, 2018-2022

Table 28: Latin America Market Volume (Tons) and Forecast by Country, 2023-2033

Table 29: Latin America Market Value (US$ million), By Type, 2018-2022

Table 30: Latin America Market Value (US$ million) and Forecast By Type, 2023-2033

Table 31: Latin America Market Volume (Tons), By Type, 2018-2022

Table 32: Latin America Market Volume (Tons) and Forecast By Type, 2023-2033

Table 33: Latin America Market Value (US$ million), By Application, 2018-2022

Table 34: Latin America Market Value (US$ million) and Forecast By Application, 2023-2033

Table 35: Latin America Market Volume (Tons), By Application, 2018-2022

Table 36: Latin America Market Volume (Tons) and Forecast By Application, 2023-2033

Table 37: Europe Market Value (US$ million), by Country, 2018-2022

Table 38: Europe Market Value (US$ million) and Forecast by Country, 2023-2033

Table 39: Europe Market Volume (Tons), by Country, 2018-2022

Table 40: Europe Market Volume (Tons) and Forecast by Country, 2023-2033

Table 41: Europe Market Value (US$ million), By Type, 2018-2022

Table 42: Europe Market Value (US$ million) and Forecast By Type, 2023-2033

Table 43: Europe Market Volume (Tons), By Type, 2018-2022

Table 44: Europe Market Volume (Tons) and Forecast By Type, 2023-2033

Table 45: Europe Market Value (US$ million), By Application, 2018-2022

Table 46: Europe Market Value (US$ million) and Forecast By Application, 2023-2033

Table 47: Europe Market Volume (Tons), By Application, 2018-2022

Table 48: Europe Market Volume (Tons) and Forecast By Application, 2023-2033

Table 49: East Asia Market Value (US$ million), by Country, 2018-2022

Table 50: East Asia Market Value (US$ million) and Forecast by Country, 2023-2033

Table 51: East Asia Market Volume (Tons), by Country, 2018-2022

Table 52: East Asia Market Volume (Tons) and Forecast by Country, 2023-2033

Table 53: East Asia Market Value (US$ million), By Type, 2018-2022

Table 54: East Asia Market Value (US$ million) and Forecast By Type, 2023-2033

Table 55: East Asia Market Volume (Tons), By Type, 2018-2022

Table 56: East Asia Market Volume (Tons) and Forecast By Type, 2023-2033

Table 57: East Asia Market Value (US$ million), By Application, 2018-2022

Table 58: East Asia Market Value (US$ million) and Forecast By Application, 2023-2033

Table 59: East Asia Market Volume (Tons), By Application, 2018-2022

Table 60: East Asia Market Volume (Tons) and Forecast By Application, 2023-2033

Table 61: South Asia & Oceania Market Value (US$ million), by Country, 2018-2022

Table 62: South Asia & Oceania Market Value (US$ million) and Forecast by Country, 2023-2033

Table 63: South Asia & Oceania Market Volume (Tons), by Country, 2018-2022

Table 64: South Asia & Oceania Market Volume (Tons) and Forecast by Country, 2023-2033

Table 65: South Asia & Oceania Market Value (US$ million), By Type, 2018-2022

Table 66: South Asia & Oceania Market Value (US$ million) and Forecast By Type, 2023-2033

Table 67: South Asia & Oceania Market Volume (Tons), By Type, 2018-2022

Table 68: South Asia & Oceania Market Volume (Tons) and Forecast By Type, 2023-2033

Table 69: South Asia & Oceania Market Value (US$ million), By Application, 2018-2022

Table 70: South Asia & Oceania Market Value (US$ million) and Forecast By Application, 2023-2033

Table 71: South Asia & Oceania Market Volume (Tons), By Application, 2018-2022

Table 72: South Asia & Oceania Market Volume (Tons) and Forecast By Application, 2023-2033

Table 73: MEA Market Value (US$ million), by Country, 2018-2022

Table 74: MEA Market Value (US$ million) and Forecast by Country, 2023-2033

Table 75: MEA Market Volume (Tons), by Country, 2018-2022

Table 76: MEA Market Volume (Tons) and Forecast by Country, 2023-2033

Table 77: MEA Market Value (US$ million), By Type, 2018-2022

Table 78: MEA Market Value (US$ million) and Forecast By Type, 2023-2033

Table 79: MEA Market Volume (Tons), By Type, 2018-2022

Table 80: MEA Market Volume (Tons) and Forecast By Type, 2023-2033

Table 81: MEA Market Value (US$ million), By Application, 2018-2022

Table 82: MEA Market Value (US$ million) and Forecast By Application, 2023-2033

Table 83: MEA Market Volume (Tons), By Application, 2018-2022

Table 84: MEA Market Volume (Tons) and Forecast By Application, 2023-2033

More Insights, Lesser Cost (-50% off)

Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR

List Of Figures

Figure 1: Global Market Value (US$ million) and Volume (Tons) Forecast, 2023-2033

Figure 2: Global Market Absolute $ Opportunity (US$ million), 2023-2033

Figure 3: Global Market Value (US$ million) and Volume (Tons) by Region, 2023 & 2033

Figure 4: Global Market Y-o-Y Growth Rate by Region, 2023-2033

Figure 5: Global Market Value (US$ million) and Volume (Tons) By Type, 2023 & 2033

Figure 6: Global Market Y-o-Y Growth Rate By Type, 2023-2033

Figure 7: Global Market Value (US$ million) and Volume (Tons) By Application, 2023 & 2033

Figure 8: Global Market Y-o-Y Growth Rate By Application, 2023-2033

Figure 9: North America Market Value (US$ million) and Volume (Tons) Forecast, 2023-2033

Figure 10: North America Market Absolute $ Opportunity (US$ million), 2023-2033

Figure 11: North America Market Value (US$ million) and Volume (Tons), by Country, 2023 & 2033

Figure 12: North America Market Y-o-Y Growth Rate by Country, 2023-2033

Figure 13: North America Market Value (US$ million) and Volume (Tons) By Type, 2023 & 2033

Figure 14: North America Market Y-o-Y Growth Rate By Type, 2023-2033

Figure 15: North America Market Value (US$ million) and Volume (Tons) By Application, 2023 & 2033

Figure 16: North America Market Y-o-Y Growth Rate By Application, 2023-2033

Figure 17: North America Market Attractiveness Analysis by Country, 2023-2033

Figure 18: North America Market Attractiveness Analysis By Type, 2023-2033

Figure 19: North America Market Attractiveness Analysis By Application, 2023-2033

Figure 20: Latin America Market Value (US$ million) and Volume (Tons) Forecast, 2023-2033

Figure 21: Latin America Market Absolute $ Opportunity (US$ million), 2023-2033

Figure 22: Latin America Market Value (US$ million) and Volume (Tons), by Country, 2023 & 2033

Figure 23: Latin America Market Y-o-Y Growth Rate by Country, 2023-2033

Figure 24: Latin America Market Value (US$ million) and Volume (Tons) By Type, 2023 & 2033

Figure 25: Latin America Market Y-o-Y Growth Rate By Type, 2023-2033

Figure 26: Latin America Market Value (US$ million) and Volume (Tons) By Application, 2023 & 2033

Figure 27: Latin America Market Y-o-Y Growth Rate By Application, 2023-2033

Figure 28: Latin America Market Attractiveness Analysis by Country, 2023-2033

Figure 29: Latin America Market Attractiveness Analysis By Type, 2023-2033

Figure 30: Latin America Market Attractiveness Analysis By Application, 2023-2033

Figure 31: Europe Market Value (US$ million) and Volume (Tons) Forecast, 2023-2033

Figure 32: Europe Market Absolute $ Opportunity (US$ million), 2023-2033

Figure 33: Europe Market Value (US$ million) and Volume (Tons), by Country, 2023 & 2033

Figure 34: Europe Market Y-o-Y Growth Rate by Country, 2023-2033

Figure 35: Europe Market Value (US$ million) and Volume (Tons) By Type, 2023 & 2033

Figure 36: Europe Market Y-o-Y Growth Rate By Type, 2023-2033

Figure 37: Europe Market Value (US$ million) and Volume (Tons) By Application, 2023 & 2033

Figure 38: Europe Market Y-o-Y Growth Rate By Application, 2023-2033

Figure 39: Europe Market Attractiveness Analysis by Country, 2023-2033

Figure 40: Europe Market Attractiveness Analysis By Type, 2023-2033

Figure 41: Europe Market Attractiveness Analysis By Application, 2023-2033

Figure 42: East Asia Market Value (US$ million) and Volume (Tons) Forecast, 2023-2033

Figure 43: East Asia Market Absolute $ Opportunity (US$ million), 2023-2033

Figure 44: East Asia Market Value (US$ million) and Volume (Tons), by Country, 2023 & 2033

Figure 45: East Asia Market Y-o-Y Growth Rate by Country, 2023-2033

Figure 46: East Asia Market Value (US$ million) and Volume (Tons) By Type, 2023 & 2033

Figure 47: East Asia Market Y-o-Y Growth Rate By Type, 2023-2033

Figure 48: East Asia Market Value (US$ million) and Volume (Tons) By Application, 2023 & 2033

Figure 49: East Asia Market Y-o-Y Growth Rate By Application, 2023-2033

Figure 50: East Asia Market Attractiveness Analysis by Country, 2023-2033

Figure 51: East Asia Market Attractiveness Analysis By Type, 2023-2033

Figure 52: East Asia Market Attractiveness Analysis By Application, 2023-2033

Figure 53: South Asia & Oceania Market Value (US$ million) and Volume (Tons) Forecast, 2023-2033

Figure 54: South Asia & Oceania Market Absolute $ Opportunity (US$ million), 2023-2033

Figure 55: South Asia & Oceania Market Value (US$ million) and Volume (Tons), by Country, 2023 & 2033

Figure 56: South Asia & Oceania Market Y-o-Y Growth Rate by Country, 2023-2033

Figure 57: South Asia & Oceania Market Value (US$ million) and Volume (Tons) By Type, 2023 & 2033

Figure 58: South Asia & Oceania Market Y-o-Y Growth Rate By Type, 2023-2033

Figure 59: South Asia & Oceania Market Value (US$ million) and Volume (Tons) By Application, 2023 & 2033

Figure 60: South Asia & Oceania Market Y-o-Y Growth Rate By Application, 2023-2033

Figure 61: South Asia & Oceania Market Attractiveness Analysis by Country, 2023-2033

Figure 62: South Asia & Oceania Market Attractiveness Analysis By Type, 2023-2033

Figure 63: South Asia & Oceania Market Attractiveness Analysis By Application, 2023-2033

Figure 64: MEA Market Value (US$ million) and Volume (Tons) Forecast, 2023-2033

Figure 65: MEA Market Absolute $ Opportunity (US$ million), 2023-2033

Figure 66: MEA Market Value (US$ million) and Volume (Tons), by Country, 2023 & 2033

Figure 67: MEA Market Y-o-Y Growth Rate by Country, 2023-2033

Figure 68: MEA Market Value (US$ million) and Volume (Tons) By Type, 2023 & 2033

Figure 69: MEA Market Y-o-Y Growth Rate By Type, 2023-2033

Figure 70: MEA Market Value (US$ million) and Volume (Tons) By Application, 2023 & 2033

Figure 71: MEA Market Y-o-Y Growth Rate By Application, 2023-2033

Figure 72: MEA Market Attractiveness Analysis by Country, 2023-2033

Figure 73: MEA Market Attractiveness Analysis By Type, 2023-2033

Figure 74: MEA Market Attractiveness Analysis By Application, 2023-2033

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

- FAQs -

What was the Global Recycled Asphalt Market Size Reported by Fact.MR for 2022?

The global recycled asphalt market size reported by Fact.MR for 2022 was US$ 7.2 billion.

What is the Estimated Value of the Recycled Asphalt Market by the end of 2033?

The recycled asphalt market size is projected to reach US$ 12.0 billion in 2033.

What is the Projected CAGR for the Recycled Asphalt Market from 2023 to 2033?

The projected CAGR for the recycled asphalt market from 2023 to 2033 will be 4.7%.

Which Regional Recycled Asphalt Market Accounts for a Leading Market Share?

North America in the region leading the global recycled asphalt market and is expected to account for 37.2% market share in 2023.

Who are the Major Players in the Recycled Asphalt Market?

Market players include Bodean Company, Cherry Companies, and Pavement Recycling System, Inc. are majorly operating and dominating in the market.

Recycled Asphalt Market

Schedule a Call