Asphalt Pavers Market Size, Share, Growth, Global Trends, Industry Analysis and Forecast to 2027

Price: 3200/- USD | Published Date: January 25, 2021 |

The global asphalt pavers market size is expected to register a significant CAGR of ~ 4% during the forecast period 2021 to 2027. The increasing infrastructure of paved road and continuously growing road network in developing economies is a primary factor to drive the market growth. Furthermore, increasing investment and growing demand for energy-efficient construction equipment are some other factors to propel the market. Moreover, the rising demand for maintenance of highways and roads is expected to some opportunities for market growth. Rapid growth in road traffic across the globe, the continuous construction and improvement of roads will be required in both rural and urban areas which is expected to support the market growth.

Market Segment Insights:

The global asphalt pavers market is bifurcated into type, screed type, paving width, and region. On the basis of type, the market is segmented into tracked and wheeled pavers. The tracked pavers segment is accounted to hold a major market share due to its high efficiency compared to wheeled pavers. Due to the ability to turn in a tighter place, high traction, and flotation, tracked pavers are preferred over wheeled. By screed type, the market is divided into mechanical and hydrostatic. The hydrostatic segment held the largest market share and expected to maintain its dominance over the forecast period. the segment growth is attributed to its low operating cost and higher efficiency.

Asphalt Pavers Market Size & Forecast

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The asphalt pavers comprehensive study offers an in-depth analysis of industry trends, market size, competitive analysis, and market forecast – 2020 to 2027. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

The asphalt pavers market research report presents the analysis of each segment from 2018 to 2027 considering 2020 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2021 to 2027.

Historical & Forecast Period

  • 2018-19 – Historical Year
  • 2020 – Base Year
  • 2021-2027 – Forecast Period

Global Asphalt Pavers Market Segmentation:

By Type:

  • Tracked Pavers
  • Wheeled Pavers

By Screed Type:

  • Hydrostatic
  • Mechanical

By Paving Width:

  • Up to 1.5 m
  • 5–2.5 m
  • 5–5 m
  • Over 5 m

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Geographic Coverage:

Geographically, the asphalt pavers market report comprises dedicated sections centering on the regional market revenue and trends. The asphalt pavers market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific, and Rest of the World (RoW). The RoW segment consists of Latin America and the Middle East & Africa. The asphalt pavers market has been extensively analyzed on the basis of various regional factors such as demographics, gross domestic product (GDP), inflation rate, acceptance, and others. Asphalt pavers market estimates have also been provided for the historical years 2018 & 2019 along with forecasts for the period from 2021 – 2027.

Report Coverage:

  • Research Methodology
  • Research Scope
  • Executive Market Summary: Industry Snapshot
  • Industry Outlook
  • Critical Success Factors (CSFs) for the Market
  • Market Dynamics
  • Key Opportunities
  • Market Porters Five Force Analysis
  • Market Value Chain/Ecosystem Analysis
  • Market Attractive Investment Proposition
  • Market PESTEL Analysis
  • Market Positioning of Key Vendors
  • Market Segmentation Outlook
  • Regional Outlook
  • Company Profiles of Key Vendors

Market Competition Assessment:

Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Key players operating in the global asphalt pavers market are Volvo Construction Equipment Corporation, Caterpillar Inc., Fayat Group, and Ammann Group. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

List of Key Companies:

  • Volvo Construction Equipment Corporation
  • Caterpillar Inc.
  • Fayat Group
  • Ammann Group
  • Astec Industry
  • Zoomlion
  • AUNG HEIN MIN CO., LTD.
  • SANY GROUP
  • Deere & Company
  • Vogele (Wirtgen Group)

Key Questions Answered by Asphalt Pavers Market Report:

  • Global asphalt pavers market forecasts from 2021-2027
  • Regional asphalt pavers market forecasts from 2021-2027 covering Asia-Pacific, North America, Europe, Middle East and Africa, and Latin America
  • Country-level forecasts from 2021-2027 covering 15 major countries from the aforementioned regions
  • Asphalt pavers submarket forecasts from 2021-2027 covering the market by type, by screed type, by paving width, and geography
  • Various industry models such as SWOT analysis, Value Chain Analysis pertaining to asphalt pavers market
  • Analysis of the key factors driving and restraining the growth of the global, regional and country-level asphalt pavers markets from 2021-2027
  • Competitive Landscape and market positioning of top 10 players operating in the asphalt pavers market
Table of Content:

1. Preface


1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions

 

2. Executive Summary


2.1. Global Asphalt Pavers Market Portraiture
2.2. Global Asphalt Pavers Market, by Type, 2020 (USD Mn)
2.3. Global Asphalt Pavers Market, by Screed Type, 2020 (USD Mn)
2.4. Global Asphalt Pavers Market, by Paving Width, 2020 (USD Mn)
2.5. Global Asphalt Pavers Market, by Geography, 2020 (USD Mn)

 

3. Global Asphalt Pavers Market Analysis


3.1. Asphalt Pavers Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis

 

4. Global Asphalt Pavers Market By Type, 2018 – 2027 (USD Mn)


4.1. Overview
4.2. Tracked Pavers
4.3. Wheeled Pavers

 

5. Global Asphalt Pavers Market By Screed Type, 2018 – 2027 (USD Mn)


5.1. Overview
5.2. Hydrostatic
5.3. Mechanical

 

6. Global Asphalt Pavers Market By Paving Width, 2018 – 2027 (USD Mn)


6.1. Overview
6.2. Up to 1.5 m
6.3. 1.5–2.5 m
6.4. 2.5–5 m
6.5. Over 5 m

 

7. Global Asphalt Pavers Market, By Geography, 2018 – 2027 (USD Mn)


7.1. Introduction
7.2. North America
7.2.1. Overview
7.2.2. North America Asphalt Pavers Market by Type (2018-2027 USD Mn)
7.2.3. North America Asphalt Pavers Market by Screed Type (2018-2027 USD Mn)
7.2.4. North America Asphalt Pavers Market by Paving Width (2018-2027 USD Mn)
7.2.5. North America Asphalt Pavers Market by Country (2018-2027 USD Mn)
7.2.5.1. U.S.
7.2.5.2. Canada
7.3. Europe
7.3.1. Overview
7.3.2. Europe Asphalt Pavers Market by Type (2018-2027 USD Mn)
7.3.3. Europe Asphalt Pavers Market by Screed Type (2018-2027 USD Mn)
7.3.4. Europe Asphalt Pavers Market by Paving Width (2018-2027 USD Mn)
7.3.5. Europe Asphalt Pavers Market by Country (2018-2027 USD Mn)
7.3.5.1. Germany
7.3.5.2. U.K.
7.3.5.3. France
7.3.5.4. Italy
7.3.5.5. Rest of Europe
7.4. Asia Pacific
7.4.1. Overview
7.4.2. Asia Pacific Asphalt Pavers Market by Type (2018-2027 USD Mn)
7.4.3. Asia Pacific Asphalt Pavers Market by Screed Type (2018-2027 USD Mn)
7.4.4. Asia Pacific Asphalt Pavers Market by Paving Width (2018-2027 USD Mn)
7.4.5. Asia Pacific Asphalt Pavers Market by Country (2018-2027 USD Mn)
7.4.5.1. China.
7.4.5.2. Japan
7.4.5.3. Rest of Asia Pacific
7.5. Latin America (LATAM)
7.5.1. Overview
7.5.2. Latin America Asphalt Pavers Market by Type (2018-2027 USD Mn)
7.5.3. Latin America Asphalt Pavers Market by Screed Type (2018-2027 USD Mn)
7.5.4. Latin America Asphalt Pavers Market by Paving Width (2018-2027 USD Mn)
7.5.5. Latin America Asphalt Pavers Market by Country (2018-2027 USD Mn)
7.5.5.1. Brazil
7.5.5.2. Mexico
7.5.5.3. Rest of Latin America
7.6. Middle East and Africa
7.6.1. Overview
7.6.2. MEA Asphalt Pavers Market by Type (2018-2027 USD Mn)
7.6.3. MEA Asphalt Pavers Market by Screed Type (2018-2027 USD Mn)
7.6.4. MEA Asphalt Pavers Market by Paving Width (2018-2027 USD Mn)
7.6.5. Middle East and Africa Asphalt Pavers Market, by Country (2018-2027 USD Mn)
7.6.5.1. GCC
7.6.5.2. Rest of MEA

 

8. Company Profiles


8.1. Volvo Construction Equipment Corporation
8.1.1. Business Description
8.1.2. Financial Health and Budget Allocation
8.1.3. Product Positions/Portfolio
8.1.4. Recent Development
8.1.5. SWOT Analysis
8.2. Caterpillar Inc.
8.2.1. Business Description
8.2.2. Financial Health and Budget Allocation
8.2.3. Product Positions/Portfolio
8.2.4. Recent Development
8.2.5. SWOT Analysis
8.3. Fayat Group
8.3.1. Business Description
8.3.2. Financial Health and Budget Allocation
8.3.3. Product Positions/Portfolio
8.3.4. Recent Development
8.3.5. SWOT Analysis
8.4. Ammann Group
8.4.1. Business Description
8.4.2. Financial Health and Budget Allocation
8.4.3. Product Positions/Portfolio
8.4.4. Recent Development
8.4.5. SWOT Analysis
8.5. Astec Industry
8.5.1. Business Description
8.5.2. Financial Health and Budget Allocation
8.5.3. Product Positions/Portfolio
8.5.4. Recent Development
8.5.5. SWOT Analysis
8.6. Zoomlion
8.6.1. Business Description
8.6.2. Financial Health and Budget Allocation
8.6.3. Product Positions/Portfolio
8.6.4. Recent Development
8.6.5. SWOT Analysis
8.7. AUNG HEIN MIN CO., LTD.
8.7.1. Business Description
8.7.2. Financial Health and Budget Allocation
8.7.3. Product Positions/Portfolio
8.7.4. Recent Development
8.7.5. SWOT Analysis
8.8. SANY GROUP
8.8.1. Business Description
8.8.2. Financial Health and Budget Allocation
8.8.3. Product Positions/Portfolio
8.8.4. Recent Development
8.8.5. SWOT Analysis
8.9. Deere & Company
8.9.1. Business Description
8.9.2. Financial Health and Budget Allocation
8.9.3. Product Positions/Portfolio
8.9.4. Recent Development
8.9.5. SWOT Analysis
8.10. Vogele (Wirtgen Group)
8.10.1. Business Description
8.10.2. Financial Health and Budget Allocation
8.10.3. Product Positions/Portfolio
8.10.4. Recent Development
8.10.5. SWOT Analysis

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List of Tables:

TABLE 1 Market Snapshot: Global Asphalt Pavers Market

TABLE 2 Impact Indicators

TABLE 3 Impact Analysis of Drivers and Challenges

TABLE 4 Global Asphalt Pavers Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 5 Global Asphalt Pavers Market Value, by Screed Type, 2018 - 2027 (US$ Mn)

TABLE 6 Global Asphalt Pavers Market Value, by Paving Width, 2018 - 2027 (US$ Mn)

TABLE 7 North America Asphalt Pavers Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 8 North America Asphalt Pavers Market Value, by Screed Type, 2018 - 2027 (US$ Mn)

TABLE 9 North America Asphalt Pavers Market Value, by Paving Width, 2018 - 2027 (US$ Mn)

TABLE 10 North America Asphalt Pavers Market Value, By Country, 2018 - 2027 (US$ Mn)

TABLE 11 U.S. Asphalt Pavers Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 12 U.S. Asphalt Pavers Market Value, by Screed Type, 2018 - 2027 (US$ Mn)

TABLE 13 U.S. Asphalt Pavers Market Value, by Paving Width, 2018 - 2027 (US$ Mn)

TABLE 14 Canada Asphalt Pavers Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 15 Canada Asphalt Pavers Market Value, by Screed Type, 2018 - 2027 (US$ Mn)

TABLE 16 Canada Asphalt Pavers Market Value, by Paving Width, 2018 - 2027 (US$ Mn)

TABLE 17 Europe Asphalt Pavers Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 18 Europe Asphalt Pavers Market Value, by Screed Type, 2018 - 2027 (US$ Mn)

TABLE 19 Europe Asphalt Pavers Market Value, by Paving Width, 2018 - 2027 (US$ Mn)

TABLE 20 Europe Asphalt Pavers Market Value, by Country, 2018 - 2027 (US$ Mn)

TABLE 21 Germany Asphalt Pavers Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 22 Germany Asphalt Pavers Market Value, by Screed Type, 2018 - 2027 (US$ Mn)

TABLE 23 Germany Asphalt Pavers Market Value, by Paving Width, 2018 - 2027 (US$ Mn)

TABLE 24 U.K. Asphalt Pavers Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 25 U.K. Asphalt Pavers Market Value, by Screed Type, 2018 - 2027 (US$ Mn)

TABLE 26 U.K. Asphalt Pavers Market Value, by Paving Width, 2018 - 2027 (US$ Mn)

TABLE 27 France Asphalt Pavers Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 28 France Asphalt Pavers Market Value, by Screed Type, 2018 - 2027 (US$ Mn)

TABLE 29 France Asphalt Pavers Market Value, by Paving Width, 2018 - 2027 (US$ Mn)

TABLE 30 Italy Asphalt Pavers Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 31 Italy Asphalt Pavers Market Value, by Screed Type, 2018 - 2027 (US$ Mn)

TABLE 32 Italy Asphalt Pavers Market Value, by Paving Width, 2018 - 2027 (US$ Mn)

TABLE 33 Rest of Europe Asphalt Pavers Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 34 Rest of Europe Asphalt Pavers Market Value, by Screed Type, 2018 - 2027 (US$ Mn)

TABLE 35 Rest of Europe Asphalt Pavers Market Value, by Paving Width, 2018 - 2027 (US$ Mn)

TABLE 36 Asia Pacific Asphalt Pavers Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 37 Asia Pacific Asphalt Pavers Market Value, by Screed Type, 2018 - 2027 (US$ Mn)

TABLE 38 Asia Pacific Asphalt Pavers Market Value, by Paving Width, 2018 - 2027 (US$ Mn)

TABLE 39 Asia Pacific Asphalt Pavers Market Value, by Country, 2018 - 2027 (US$ Mn)

TABLE 40 Japan Asphalt Pavers Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 41 Japan Asphalt Pavers Market Value, by Screed Type, 2018 - 2027 (US$ Mn)

TABLE 42 Japan Asphalt Pavers Market Value, by Paving Width, 2018 - 2027 (US$ Mn)

TABLE 43 China Asphalt Pavers Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 44 China Asphalt Pavers Market Value, by Screed Type, 2018 - 2027 (US$ Mn)

TABLE 45 China Asphalt Pavers Market Value, by Paving Width, 2018 - 2027 (US$ Mn)

TABLE 46 Rest of Asia Pacific Asphalt Pavers Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 47 Rest of Asia Pacific Asphalt Pavers Market Value, by Screed Type, 2018 - 2027 (US$ Mn)

TABLE 48 Rest of Asia Pacific Asphalt Pavers Market Value, by Paving Width, 2018 - 2027 (US$ Mn)

TABLE 49 Latin America Asphalt Pavers Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 50 Latin America Asphalt Pavers Market Value, by Screed Type, 2018 - 2027 (US$ Mn)

TABLE 51 Latin America Asphalt Pavers Market Value, by Paving Width, 2018 - 2027 (US$ Mn)

TABLE 52 Latin America Asphalt Pavers Market Value, by Country, 2018 - 2027 (US$ Mn)

TABLE 53 Brazil Asphalt Pavers Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 54 Brazil Asphalt Pavers Market Value, by Screed Type, 2018 - 2027 (US$ Mn)

TABLE 55 Brazil Asphalt Pavers Market Value, by Paving Width, 2018 - 2027 (US$ Mn)

TABLE 56 Mexico Asphalt Pavers Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 57 Mexico Asphalt Pavers Market Value, by Screed Type, 2018 - 2027 (US$ Mn)

TABLE 58 Mexico Asphalt Pavers Market Value, by Paving Width, 2018 - 2027 (US$ Mn)

TABLE 59 Rest of Latin America Asphalt Pavers Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 60 Rest of Latin America Asphalt Pavers Market Value, by Screed Type, 2018 - 2027 (US$ Mn)

TABLE 61 Rest of Latin America Asphalt Pavers Market Value, by Paving Width, 2018 - 2027 (US$ Mn)

TABLE 62 Middle East & Africa Asphalt Pavers Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 63 Middle East & Africa Asphalt Pavers Market Value, by Screed Type, 2018 - 2027 (US$ Mn)

TABLE 64 Middle East & Africa Asphalt Pavers Market Value, by Paving Width, 2018 - 2027 (US$ Mn)

TABLE 65 Middle East & Africa Asphalt Pavers Market Value, by Country, 2018 - 2027 (US$ Mn)

TABLE 66 GCC Asphalt Pavers Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 67 GCC Asphalt Pavers Market Value, by Screed Type, 2018 - 2027 (US$ Mn)

TABLE 68 GCC Asphalt Pavers Market Value, by Paving Width, 2018 - 2027 (US$ Mn)

TABLE 69 Rest of MEA Asphalt Pavers Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 70 Rest of MEA Asphalt Pavers Market Value, by Screed Type, 2018 - 2027 (US$ Mn)

TABLE 71 Rest of MEA Asphalt Pavers Market Value, by Paving Width, 2018 - 2027 (US$ Mn)

TABLE 72 Volvo Construction Equipment Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 73 Caterpillar Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 74 Fayat Group: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 75 Ammann Group: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 76 Astec Industry: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 77 Zoomlion: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 78 AUNG HEIN MIN CO., LTD.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 79 SANY GROUP: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 80 Deere & Company: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 81 Vogele (Wirtgen Group): Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

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List of Figures:

FIG. 1 Global Asphalt Pavers: Market Segmentation

FIG. 2 Global Asphalt Pavers Market: Research Methodology

FIG. 3 Top-Down and Bottom-up Approach

FIG. 4 Global Asphalt Pavers Market, by Type, 2019 (US$ Mn)

FIG. 5 Global Asphalt Pavers Market, by Screed Type, 2019 (US$ Mn)

FIG. 6 Global Asphalt Pavers Market, by Paving Width, 2019 (US$ Mn)

FIG. 7 Global Asphalt Pavers Market, by Geography, 2019 (US$ Mn)

FIG. 8 Global Asphalt Pavers Market Value and Growth, 2018 – 2027, (US$ Mn) (Y-o-Y %)

FIG. 9 Attractive Investment Proposition, by Geography, 2017

FIG. 10  Market Positioning of Key Asphalt Pavers Providers, 2019

FIG. 11 Global Asphalt Pavers Market Value Share, by Type, 2018 & 2027 (%)

FIG. 12 Global Asphalt Pavers Market Value for Tracked Pavers, 2018 - 2027, (US$ Mn)

FIG. 13 Global Asphalt Pavers Market Value for Wheeled Pavers, 2018 - 2027, (US$ Mn)

FIG. 14 Global Asphalt Pavers Market Value Share, by Screed Type, 2018 & 2027 (Value %)

FIG. 15 Global Asphalt Pavers Market Value for Hydrostatic, 2018 - 2027, (US$ Mn)

FIG. 16 Global Asphalt Pavers Market Value for Mechanical, 2018 - 2027, (US$ Mn)

FIG. 17 Global Asphalt Pavers Market Value Share, by Paving Width, 2018 & 2027 (Value %)

FIG. 18 Global Asphalt Pavers Market Value for Up to 1.5 m, 2018 - 2027 (US$ Mn)

FIG. 19 Global Asphalt Pavers Market Value for 1.5 to 2.5 m, 2018 - 2027 (US$ Mn)

FIG. 20 Global Asphalt Pavers Market Value for 2.5 to 5 m, 2018 - 2027 (US$ Mn)

FIG. 21 Global Asphalt Pavers Market Value for Over 5 m, 2018 - 2027 (US$ Mn)

FIG. 22 North America Asphalt Pavers Market Value, 2018 - 2027, (US$ Mn)

FIG. 23 Europe Asphalt Pavers Market Value, 2018 - 2027, (US$ Mn)

FIG. 24 Asia Pacific Asphalt Pavers Market Value, 2018 - 2027, (US$ Mn)

FIG. 25 LATIN America Asphalt Pavers Market Value, 2018 - 2027, (US$ Mn)

FIG. 26 Middle East & Africa Asphalt Pavers Market Value, 2018 - 2027, (US$ Mn)
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