The global asphalt market was valued at USD 222.0 million in 2019 and is predicted to grow to USD 321.5 million by 2027, with a CAGR of 4.8 percent during that time period.
The worldwide asphalt market grew at a moderate rate. The market is expected to increase at a CAGR of roughly 5% between 2021 and 2026, according to the publisher.
We're constantly watching and evaluating the direct and indirect effects of COVID-19 on various end-use industries, keeping in mind the pandemic's uncertainty. As a prominent market contributor, these insights are incorporated in the research.
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