Industry: Chemical & Material
Published Date: 2026-07-14
Pages: 129 Pages
Report ld: 6921323
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Asphalt Cements Market Size(US$)

CAGR 2026-2032
5.6%
Market Size,2032
USD 1,390
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Asphalt Cements was estimated to be worth US$ 954 million in 2025 and is projected to reach US$ 1390 million, growing at a CAGR of 5.6% from 2026 to 2032.
According to the Japan Cement Association, Japan"s cement industry emitted about 40 million tons of carbon dioxide in 2020. And the cement industry became the fourth largest source of carbon dioxide emissions in the industrial sector after electricity, steel and chemicals. 60% of the cement industry"s carbon emissions come from process emissions, 35% from combustion emissions and 5% from indirect emissions from electricity. According to our “Building Materials Research Institute”, the global clinker capacity in 2022 was about 3.55 billion tons, and the global cement production was about 4.0 billion tons. According to the National Bureau of Statistics, China"s cumulative cement output reached 2.118 billion tons in 2022.
This report provides a comprehensive view of the global market for Asphalt Cements, covering total sales volume, sales revenue, pricing, the market share and ranking of key companies, along with analyses by region & country, by Type, and by Application.
The Asphalt Cements market size, estimations, and forecasts are presented in terms of sales volume (K MT) and revenue ($ millions), with 2025 as the base year and historical and forecast data from 2021 to 2032. The report combines quantitative and qualitative analysis to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current marketplace, and make informed business decisions regarding Asphalt Cements.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the scope of the report and the global market size (value, volume, and price). It also summarizes market dynamics and Recent Developments; identifies key drivers and restraints; outlines challenges and risks for manufacturers; reviews relevant industry policies and U.S. tariff implications.
Chapter 2: Provides a detailed analysis of the Asphalt Cements manufacturers' competitive landscape—including pricing, sales and revenue shares, Recent Developments plans, and mergers and acquisitions (M&A).
Chapter 3: Analyzes market segmentation by Type, presenting the size and growth potential of each segment to help readers identify blue-ocean opportunities.
Chapter 4: Analyzes market segmentation by Application, presenting the size and growth potential of each downstream segment to help readers identify blue-ocean opportunities.
Chapter 5: Presents Asphalt Cements sales and revenue at the regional level. It offers a quantitative assessment of market size and growth potential by region and summarizes market development, future prospects, addressable space, and country-level market size worldwide.
Chapter 6: Presents Asphalt Cements sales and revenue at the country level. It provides segmented data by Type and by Application for each country/region.
Chapter 7: Profiles key players, detailing the main companies' product sales, revenue, pricing, gross margin, product portfolios, Recent Developments, etc.
Chapter 8: Analyzes the industry value chain, including upstream suppliers and downstream applications/customers.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Market Overview
1.1 Asphalt Cements Product Introduction
1.2 Global Asphalt Cements Market Size Forecast
1.2.1 Global Asphalt Cements Sales Value (2021–2032)
1.2.2 Global Asphalt Cements Sales Volume (2021–2032)
1.2.3 Global Asphalt Cements Sales Price (2021–2032)
1.3 Asphalt Cements Market Trends & Drivers
1.3.1 Asphalt Cements Industry Trends
1.3.2 Asphalt Cements Market Drivers & Opportunities
1.3.3 Asphalt Cements Market Challenges
1.3.4 Asphalt Cements Market Restraints
1.3.5 Impact of U.S. Tariffs
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Asphalt Cements Players Revenue Ranking (2025)
2.2 Global Asphalt Cements Revenue by Company (2021–2026)
2.3 Global Asphalt Cements Sales Volume Ranking of Players (2025)
2.4 Global Asphalt Cements Sales Volume by Company (2021–2026)
2.5 Global Asphalt Cements Average Price by Company (2021–2026)
2.6 Key Manufacturers Asphalt Cements Manufacturing Base and Headquarters
2.7 Key Manufacturers Asphalt Cements Product Offerings
2.8 Key Manufacturers Start of Mass Production of Asphalt Cements
2.9 Asphalt Cements Market Competitive Analysis
2.9.1 Asphalt Cements Market Concentration Rate (2021–2026)
2.9.2 Global 5 and 10 Largest Manufacturers by Asphalt Cements Revenue in 2025
2.9.3 Global Companies by Tier (Tier 1, Tier 2, Tier 3), based on Asphalt Cements revenue, 2025
2.10 Mergers & Acquisitions and Expansion
3 Segmentation Asphalt Cements Market Classification
3.1 Introduction by Type
3.1.1 Coal Tar Pitch
3.1.2 Asphalt
3.1.3 Natural Asphalt
3.1.4 Global Asphalt Cements Sales Value by Type
3.1.4.1 Global Asphalt Cements Sales Value by Type (2021 vs 2025 vs 2032)
3.1.4.2 Global Asphalt Cements Sales Value, by Type (2021–2032)
3.1.4.3 Global Asphalt Cements Sales Value, by Type (%), 2021–2032
3.1.5 Global Asphalt Cements Sales Volume by Type
3.1.5.1 Global Asphalt Cements Sales Volume by Type (2021 vs 2025 vs 2032)
3.1.5.2 Global Asphalt Cements Sales Volume, by Type (2021–2032)
3.1.5.3 Global Asphalt Cements Sales Volume, by Type (%), 2021–2032
3.1.6 Global Asphalt Cements Average Price by Type (2021–2032)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Surface for Roads
4.1.2 Streets
4.1.3 Airport Runways
4.1.4 Others
4.2 Global Asphalt Cements Sales Value by Application
4.2.1 Global Asphalt Cements Sales Value by Application (2021 vs 2025 vs 2032)
4.2.2 Global Asphalt Cements Sales Value, by Application (2021–2032)
4.2.3 Global Asphalt Cements Sales Value, by Application (%), 2021–2032
4.3 Global Asphalt Cements Sales Volume by Application
4.3.1 Global Asphalt Cements Sales Volume by Application (2021 vs 2025 vs 2032)
4.3.2 Global Asphalt Cements Sales Volume, by Application (2021–2032)
4.3.3 Global Asphalt Cements Sales Volume, by Application (%), 2021–2032
4.4 Global Asphalt Cements Average Price by Application (2021–2032)
5 Segmentation by Region
5.1 Global Asphalt Cements Sales Value by Region
5.1.1 Global Asphalt Cements Sales Value by Region: 2021 vs 2025 vs 2032
5.1.2 Global Asphalt Cements Sales Value by Region (2021–2026)
5.1.3 Global Asphalt Cements Sales Value by Region (2027–2032)
5.1.4 Global Asphalt Cements Sales Value by Region (%), 2021–2032
5.2 Global Asphalt Cements Sales Volume by Region
5.2.1 Global Asphalt Cements Sales Volume by Region: 2021 vs 2025 vs 2032
5.2.2 Global Asphalt Cements Sales Volume by Region (2021–2026)
5.2.3 Global Asphalt Cements Sales Volume by Region (2027–2032)
5.2.4 Global Asphalt Cements Sales Volume by Region (%), 2021–2032
5.3 Global Asphalt Cements Average Price by Region (2021–2032)
5.4 North America
5.4.1 North America Asphalt Cements Sales Value, 2021–2032
5.4.2 North America Asphalt Cements Sales Value by Country (%), 2025 vs 2032
5.5 Europe
5.5.1 Europe Asphalt Cements Sales Value, 2021–2032
5.5.2 Europe Asphalt Cements Sales Value by Country (%), 2025 vs 2032
5.6 Asia Pacific
5.6.1 Asia Pacific Asphalt Cements Sales Value, 2021–2032
5.6.2 Asia Pacific Asphalt Cements Sales Value by Region (%), 2025 vs 2032
5.7 South America
5.7.1 South America Asphalt Cements Sales Value, 2021–2032
5.7.2 South America Asphalt Cements Sales Value by Country (%), 2025 vs 2032
5.8 Middle East & Africa
5.8.1 Middle East & Africa Asphalt Cements Sales Value, 2021–2032
5.8.2 Middle East & Africa Asphalt Cements Sales Value by Country (%), 2025 vs 2032
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Asphalt Cements Sales Value Growth Trends, 2021 vs 2025 vs 2032
6.2 Key Countries/Regions Asphalt Cements Sales Value and Sales Volume
6.2.1 Key Countries/Regions Asphalt Cements Sales Value, 2021–2032
6.2.2 Key Countries/Regions Asphalt Cements Sales Volume, 2021–2032
6.3 United States
6.3.1 United States Asphalt Cements Sales Value, 2021–2032
6.3.2 United States Asphalt Cements Sales Value by Type (%), 2025 vs 2032
6.3.3 United States Asphalt Cements Sales Value by Application, 2025 vs 2032
6.4 Europe
6.4.1 Europe Asphalt Cements Sales Value, 2021–2032
6.4.2 Europe Asphalt Cements Sales Value by Type (%), 2025 vs 2032
6.4.3 Europe Asphalt Cements Sales Value by Application, 2025 vs 2032
6.5 China
6.5.1 China Asphalt Cements Sales Value, 2021–2032
6.5.2 China Asphalt Cements Sales Value by Type (%), 2025 vs 2032
6.5.3 China Asphalt Cements Sales Value by Application, 2025 vs 2032
6.6 Japan
6.6.1 Japan Asphalt Cements Sales Value, 2021–2032
6.6.2 Japan Asphalt Cements Sales Value by Type (%), 2025 vs 2032
6.6.3 Japan Asphalt Cements Sales Value by Application, 2025 vs 2032
6.7 South Korea
6.7.1 South Korea Asphalt Cements Sales Value, 2021–2032
6.7.2 South Korea Asphalt Cements Sales Value by Type (%), 2025 vs 2032
6.7.3 South Korea Asphalt Cements Sales Value by Application, 2025 vs 2032
6.8 Southeast Asia
6.8.1 Southeast Asia Asphalt Cements Sales Value, 2021–2032
6.8.2 Southeast Asia Asphalt Cements Sales Value by Type (%), 2025 vs 2032
6.8.3 Southeast Asia Asphalt Cements Sales Value by Application, 2025 vs 2032
6.9 India
6.9.1 India Asphalt Cements Sales Value, 2021–2032
6.9.2 India Asphalt Cements Sales Value by Type (%), 2025 vs 2032
6.9.3 India Asphalt Cements Sales Value by Application, 2025 vs 2032
7 Company Profiles
7.1 McAsphalt
7.1.1 McAsphalt Company Information
7.1.2 McAsphalt Introduction and Business Overview
7.1.3 McAsphalt Asphalt Cements Sales, Revenue, Price and Gross Margin (2021–2026)
7.1.4 McAsphalt Asphalt Cements Product Offerings
7.1.5 McAsphalt Recent Developments
7.2 CEMEX
7.2.1 CEMEX Company Information
7.2.2 CEMEX Introduction and Business Overview
7.2.3 CEMEX Asphalt Cements Sales, Revenue, Price and Gross Margin (2021–2026)
7.2.4 CEMEX Asphalt Cements Product Offerings
7.2.5 CEMEX Recent Developments
7.3 Kilsaran
7.3.1 Kilsaran Company Information
7.3.2 Kilsaran Introduction and Business Overview
7.3.3 Kilsaran Asphalt Cements Sales, Revenue, Price and Gross Margin (2021–2026)
7.3.4 Kilsaran Asphalt Cements Product Offerings
7.3.5 Kilsaran Recent Developments
7.4 Lagan Group
7.4.1 Lagan Group Company Information
7.4.2 Lagan Group Introduction and Business Overview
7.4.3 Lagan Group Asphalt Cements Sales, Revenue, Price and Gross Margin (2021–2026)
7.4.4 Lagan Group Asphalt Cements Product Offerings
7.4.5 Lagan Group Recent Developments
7.5 Coldec Group
7.5.1 Coldec Group Company Information
7.5.2 Coldec Group Introduction and Business Overview
7.5.3 Coldec Group Asphalt Cements Sales, Revenue, Price and Gross Margin (2021–2026)
7.5.4 Coldec Group Asphalt Cements Product Offerings
7.5.5 Coldec Group Recent Developments
7.6 The Gorman Group
7.6.1 The Gorman Group Company Information
7.6.2 The Gorman Group Introduction and Business Overview
7.6.3 The Gorman Group Asphalt Cements Sales, Revenue, Price and Gross Margin (2021–2026)
7.6.4 The Gorman Group Asphalt Cements Product Offerings
7.6.5 The Gorman Group Recent Developments
7.7 Zeon Corporation
7.7.1 Zeon Corporation Company Information
7.7.2 Zeon Corporation Introduction and Business Overview
7.7.3 Zeon Corporation Asphalt Cements Sales, Revenue, Price and Gross Margin (2021–2026)
7.7.4 Zeon Corporation Asphalt Cements Product Offerings
7.7.5 Zeon Corporation Recent Developments
7.8 Teichert
7.8.1 Teichert Company Information
7.8.2 Teichert Introduction and Business Overview
7.8.3 Teichert Asphalt Cements Sales, Revenue, Price and Gross Margin (2021–2026)
7.8.4 Teichert Asphalt Cements Product Offerings
7.8.5 Teichert Recent Developments
8 Industry Chain Analysis
8.1 Asphalt Cements Industrial Chain
8.2 Asphalt Cements Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Key Suppliers of Raw Materials
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customer Analysis)
8.5 Sales Model and Sales Channelss
8.5.1 Asphalt Cements Sales Model
8.5.2 Sales Channels
8.5.3 Asphalt Cements Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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