Increased Demand for Asphalt across the Globe
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Transcript of Increased Demand for Asphalt across the Globe
Admaterials Technologies
58 Sungei Kadut Loop
SINGAPORE - 729501
Tel: (65) 6362 9066
Fax (65) 6362 2080
Email: [email protected]
Website: www.admaterials.com.sg.
Global Consumption to Rise 4.1%Yearly through 2015
Consumption of asphalt is expected to rise by 4.1% annually all around the globe to 119.5 million metric tons by the end of 2015, according to Freedonia market research.
6.5%
2012 2013
6.5%
2014
6.5%
2015
Maximum growth of the asphalt market will be registered in the US, where it is expected to grow by 6.5% yearly through 2015, from the same source.
The US will turn out to be theLargest Market
China55%
20%
25%IndiaASIA
Japan
Strong demand for asphalt will be felt in the Asia Pacific region particularly in India, China and Japan. China alone will account for nearly one-fifth of global asphalt demand in 2015.
Increased Demand across theAsia Pacific Region
Asphalt materials are tested to ensure compliance with regulatory and industry standards, including ISO, ASTM and EN and other industry requirements. Pavement products will be the major segment, and testing and analyses are done to ensure our roads are safe.
Paving Products Dominate WorldAsphalt Demand
Global Consumption to Rise 4.1%Yearly through 2015
Consumption of asphalt is expected to rise by 4.1% annually all around the globe to 119.5 million metric tons by the end of 2015, according to Freedonia market research.
INCREASED DEMAND FOR ASPHALTACROSS THE GLOBE
