Published by IMARC Services Private Limited
Posted on October 12, 2021
According to the latest report by IMARC Group, titled ” South Africa Asphalt Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the south africa asphalt market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 6% during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Request Free Report Sample: https://www.imarcgroup.com/south-africa-asphalt-market/requestsample
Asphalt is a sticky, black-colored semi-solid material obtained from the residue of distilled petroleum. It is commonly available in cutback, modified, emulsions and penetration grades. Asphalt is widely used as a mixture of aggregates, binder and filler for the construction of roads, highways, footways and car parking. In comparison to the traditionally used coal tar, asphalt provides a smoother and skid-resistant surface that aids in reducing wear and tear of vehicles, enhancing the vehicle performance and road safety and minimizing the fuel consumption.
The South Africa asphalt market is primarily being driven by the extensive infrastructural development activities across the country. Asphalt is widely used in the construction of dams, roads, parks and pavements due to its enhanced crack resistance, binding and durability properties. Moreover, various product innovations, such as the development of warm-mix asphalt (WMA), that aids in reducing the overall fuel consumption, thermal aging and vehicular emissions, are providing a thrust to the market growth. Other factors, including significant growth in the construction industry, along with the increasing utilization of environment-friendly recycled asphalt, are anticipated to create a positive outlook for the market.
South Africa Asphalt Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the south africa asphalt market has been studied in the report with the detailed profiles of the key players operating in the market.
Competitive Landscape with Key Players:
Key Market Segmentation:
The report has segmented the south africa asphalt market on the basis of product, application and type.
Breakup by Product:
Breakup by Application:
Breakup by Type:
Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/south-africa-asphalt-market
Key highlights of the report:
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800
According to the latest report by IMARC Group, titled ” South Africa Asphalt Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the south africa asphalt market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 6% during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Request Free Report Sample: https://www.imarcgroup.com/south-africa-asphalt-market/requestsample
Asphalt is a sticky, black-colored semi-solid material obtained from the residue of distilled petroleum. It is commonly available in cutback, modified, emulsions and penetration grades. Asphalt is widely used as a mixture of aggregates, binder and filler for the construction of roads, highways, footways and car parking. In comparison to the traditionally used coal tar, asphalt provides a smoother and skid-resistant surface that aids in reducing wear and tear of vehicles, enhancing the vehicle performance and road safety and minimizing the fuel consumption.
The South Africa asphalt market is primarily being driven by the extensive infrastructural development activities across the country. Asphalt is widely used in the construction of dams, roads, parks and pavements due to its enhanced crack resistance, binding and durability properties. Moreover, various product innovations, such as the development of warm-mix asphalt (WMA), that aids in reducing the overall fuel consumption, thermal aging and vehicular emissions, are providing a thrust to the market growth. Other factors, including significant growth in the construction industry, along with the increasing utilization of environment-friendly recycled asphalt, are anticipated to create a positive outlook for the market.
South Africa Asphalt Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the south africa asphalt market has been studied in the report with the detailed profiles of the key players operating in the market.
Competitive Landscape with Key Players:
Key Market Segmentation:
The report has segmented the south africa asphalt market on the basis of product, application and type.
Breakup by Product:
Breakup by Application:
Breakup by Type:
Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/south-africa-asphalt-market
Key highlights of the report:
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Browse Related Reports:
Latin America Biostimulants Market Share: Industry Trends, Size, Growth, Opportunity and Forecast 2021-2026
West Africa Biostimulants Market Price Trends: Industry Share, Size, Growth, Opportunity and Forecast 2021-2026
Cable Drum Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026
Global Fluoropolymers Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026
Modular Construction Market Size: Global Industry Trends, Share, Growth, Opportunity and Forecast 2021-2026
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800
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