Facility Maintenance Products & Services · Indirect
Monitoring · monthly
Procurement Category Intelligence

Asphalt Paving Services

Overview
Market size
$6.0B
global, USD
CAGR
4.7%
base to forecast
Buyer power
-1.8
supplier-favoured
Suppliers
8
tracked players
Signals
12
2 high severity

Market outlook

2031$7.5B

What changed

Demand by region

North America demand32%
Asia Pacific demand38%
Europe demand18%
Rest of world demand12%
share of global demandtotal 100%

Cost drivers

Bitumen binder35%
Aggregates and stone matrix20%
Labor and specialized equipment25%
Energy and plant operations12%
Inbound and outbound logistics8%
share of delivered cost (analyst estimate)

Supplier watchlist

8 tracked