Global Asphalt Paver Market Insights and Forecast to 2026

In this report, the Global Asphalt Paver market is valued at USD XX million in 2019 and is expected to reach USD XX million by the end of 2026, growing at a CAGR of XX% between 2019 and 2026. Global Asphalt Paver market has been broken down by major regions, with complete market estimates on the basis of products/applications on a regional basis.

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An asphalt paver is a construction equipment machinery generally used to place asphalt on roads, parking lots, bridges and other such places. It surfaces the asphalt flat and provides minor compaction before it is further compacted by heavy road rollers. It is usually termed as an asphalt paving machine. Some asphalt pavers are dragged by the dump truck laying the asphalt, but most of these are now self-propelled machines.
With growth in industrial and infrastructural sector in the fast pace economies globally, there has been heavy expenditure on the road maintenance and infrastructural projects, creating demand for asphalt pavers globally. According to Energy Technology Perspectives (ETP) it is estimated that the world will need to add nearly 25 million paved road lane kilometres as only up to 60 % of roads are paved globally. The enhancement and establishment of modern roads and development in emerging economies such as India and China are major growth drivers of global asphalt pavers market. Understanding the importance of road maintenance globally is proving to be very effective to reduce the number of accidents, ultimately driving global asphalt pavers market during the forecast period. Reuse and rental market for road machinery and asphalt pavers are trends prevailing in the global asphalt pavers market which also is a restraint for new equipment sales for major players and manufacturers existing in this market. Increasing demand from road traffic will require continuous construction and improvement of roads, in both urban and rural areas and is likely to fuel the global asphalt pavers market by the end of 2023.
Market Analysis and Insights: Global Asphalt Paver Market
The global Asphalt Paver market size is projected to reach US$ XX million by 2026, from US$ XX million in 2020, at a CAGR of XX%% during 2021-2026.
Global Asphalt Paver Scope and Segment
Asphalt Paver market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Asphalt Paver market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2015-2026.
The following manufacturers are covered in this report:
Volvo
Caterpillar
Weiler
Zoomlion
Dynapac
Bomag
XCMG Construction Machinery Company
Sany Heavy Industries
Asphalt Paver Breakdown Data by Type
Wheeled Asphalt Pavers
Tracked Asphalt Pavers
Asphalt Paver Breakdown Data by Application
Highway
Urban Road
Others
Regional and Country-level Analysis
The Asphalt Paver market is analysed and market size information is provided by regions (countries).
The key regions covered in the Asphalt Paver market report are North America, Europe, China and Japan. It also covers key regions (countries), viz, the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of production capacity, price and revenue for the period 2015-2026.
Competitive Landscape and Asphalt Paver Market Share Analysis

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