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Huge growth in recycled asphalt market
| 题名： | Huge growth in recycled asphalt market |
| 正文语种： | eng |
| 摘要： | The demand for recycled asphalt has witnessed a big increase due to rising petroleum prices across the globe, according to new analysis from Fact.MR.The research company predicts that the global recycled asphalt market will be worth more than US$6.97 billion this year, and is expected to expand at an impressive compound annual growth rate (CAGR) of around 4.5% between 2021 and 2031.North America dominates recycled asphalt consumption as the transport departments in several US states (including Minnesota, Missouri, North Carolina, Ohio, Oregon, Texas and Georgia) have authorised its use in paving mixes. North America had a share of around 37.2% of the global market in 2020, followed by Europe. In 2020, North America and Europe together accounted for 65% of the global recycled asphalt market. According to Fact.MR, the European market is expected to offer a $323.2 million opportunity over the next 10 years. |
| 出版年： | 2021 |
| 期刊名称： | World highways |
| 卷： | 30 |
| 期： | 6 |
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