Asphalt Paving Mixture Market Overview in the USA
In value terms, asphalt paving mixture production declined slightly to $ in 2019. In general, production saw a mild contraction. The pace of growth appeared the most rapid in 2015 with an increase of % y-o-y. As a result, production reached the peak level of $. From 2016 to 2019, production growth failed to regain the momentum.
The revenue of the asphalt paving mixture market in the U.S. contracted to $ in 2019, leveling off at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a mild contraction. The growth pace was the most rapid in 2015 with an increase of % year-to-year. As a result, consumption attained the peak level of $. From 2016 to 2019, the growth of the market remained at a lower figure.