Los Angeles, CA -- (SBWire) -- 11/02/2018 --New report published by QY Research which offers insights on the global Asphalt Mixing Plants market. The Asphalt Mixing Plants market has been experiencing steady growth graph since past years. The Global Asphalt Mixing Plants market sales was 2.1 billion USD in 2017, and it is projected to reach 2.4 billion USD in 2023, with a CAGR (Compounded Annual Growth Rate) of 2.3% from 2017 to 2023.
This report studies the Asphalt Mixing Plants market status and outlook of global and major regions, from angles of players, regions, product types and end industries; this report analyses the top players in global and major regions, and splits the Asphalt Mixing Plants market by product type and applications/end industries.
Global Asphalt Mixing Plants Market: Market Driver and Restraint
Increasing demand of downstream industrials, such as Road Construction, Other Applications
Global Asphalt Mixing Plants Market: Forecast by Type
On the basis of product, market is primarily split into –Below 240t/h, 240t/h-320t/h, Above 320t/h. 240t/h-320t/h is dominated type in terms of volume in 2017.
Global Asphalt Mixing Plants Market: Forecast by Application
Application segment consists of Road Construction, Other Applications. Dominated application is Road Construction
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Global Asphalt Mixing Plants Market: Forecast by Region
Geographically, this report is segmented into several key Regions, with revenue, market share and growth rate of Asphalt Mixing Plants in these regions, from 2013 to 2023 (forecast), covering –North America, Europe, China, India, Asia-Pacific, South America and ROW. China is the largest region. The Asia-Pacific market is expected to expand at a robust rate of 2.5% in terms of revenue over the forecast period.
Global Asphalt Mixing Plants Market: Key Players
MARINI, Ammann, Lintec, WIRTGEN, Astec, Nikko, Sany, Tietuo Machinery, XRMC, Roady, GP Günter Papenburg, Yalong, Liaoyang Road Construction Machinery, Luda, Xinhai, Tanaka Iron Works Co.,Ltd., SPECO, Huatong Kinetics, NFLG, Southeast Construction Machinery, Yima, Jilin Road Construction Machinery, Zoomlion, D&G Machinery, Speedcrafts, Capious Roadtech Pvt, Atlas Industries, SHITLA Road Equipment are the key vendors included in this report. The leading companies own the advantages on better performance, more abundant product's types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.
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Global Asphalt Mixing Plants Market Is Projected to Exhibit a CAGR of 2.3% Between 2017 and 2023
This report presents the worldwide Asphalt Plants (Asphalt Mixing Plants) market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.