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Download Free sampleThe global Asphalt Plants (Asphalt Mixing Plants) market was valued at 206.28 Million USD in 2021 and will grow with a CAGR of 2.03% from 2021 to 2027, based on newly published report.
The prime objective of Asphalt Plants Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Asphalt Plants Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Asphalt Plants also known as Asphalt Mixing Plant is the plant that is used for mixing warm aggregate, soft materials & asphalt for similar mixture at the required temperature. It is used for construction of highway & city road. The Asphalt Mixing Plants consumption volume was 2864 Units in 2017 and is expected to reach 3572 Units in 2025, growing at a CAGR of 2.80% from 2017 to 2025. China`s sales volume accounted for the highest market share (35.41%) in 2017, followed by the Europe. China is expected to maintain the largest production and consumption status. India will be the fastest growing region with a CAGR of 4.90%. In the past five years from 2013 to 2017, global Asphalt Mixing Plants production revenue market scale was from 2115.22 million US dollars to $ 2073.40 million. It is estimated to reach 2407.85 million dollars by 2025, with the CAGR of 1.89% in terms of revenue over the period 2017-2025.
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