The Global Asphalt Market Was Valued At USD 72 Billion In 2017 According To TBRCPosted by praneeth on July 30th, 2018 Asphalt is a sustainable material for building pavements and roads, made from stones, sand, and gravel which is held together by asphalt cement. It is also called Bitumen. It is smooth and quiet, enabling vehicles on the road to consume less fuel and produce lower emissions. Order the report at https://www.thebusinessresearchcompany.com/report/asphalt-global-market-report-2018 The market was valued at USD 72 billion in 2017, and is expected to be driven by rapid decline in oil and gas prices, being reflected in the price of refined petroleum products. Asia Pacific was the largest geographic region in the market in 2017, accounting for two-fifths of the global market share. The asphalt market in The Business Research Company’s report is split into four segments: asphalt paving mixtures and blocks, prepared asphalt and tar roofing and siding products, roofing asphalts and pitches, and coatings and cement. Download a sample of the report at https://www.thebusinessresearchcompany.com/sample.aspx?id=154&type=smp China was the largest country in the asphalt market in 2017, accounting for less than one-fifth of the global asphalt market. The top five competitors in the market areBP plc, CEMEX S.A.B. de C.V., Exxon Mobil, Royal Dutch Shell, and Marathon Petroleum. BP plc is the largest company in asphalt market with revenues of 0.4 billion. It is a British multinational oil and gas company, headquartered in London, England. The company operates in all areas of the oil and gas industry, including exploration and production, petrochemicals, refining, power generation and trading, distribution, and marketing. About The Business Research Company. The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally. Contact Information. The Business Research Company Europe: +44 207 1930 708 Asia: +91 8897263534 Americas: +1 315 623 0293 Email: info@tbrc.info Like it? Share it! More by this author |