Global Bituminous Concrete Paver Market is expected to grow at a significant
CAGR in the years to come as the scope and its application are rising
enormously across the globe. Bituminous Concrete Paver Market is segmented
based on product type, technology, application, and regions.
Bituminous concrete is also known as asphalt. Bituminous
concrete is a type of construction material used for paving driveways, roads,
and parking lots. It is usually made from a mixture of stone and other forms of
cumulative material bind together using biding agent. The binding agent is
known as bitumen a by-product of petroleum refining. On heating bitumen forms
thick sticky structure like tar, on drying forms a dense solid surface that
appears black in color.
The Bituminous Concrete Paver is composed of a mixture of
mineral filler, mineral aggregates, and bituminous material such as fine
aggregate, coarse aggregate, and mineral. There is no cement in the mixture.
Large paving machines are used by installers to even and solidify the surface
after dispensing bituminous concrete onto the roadway. Bituminous materials
consist of both petroleum asphalt and coal tar. Practically, petroleum asphalt
is totally composed of bitumen, whereas in coal tar bitumen content is very
low.
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Bituminous Concrete Paver Market is classified, by product
type into Tire Asphalt Concrete Paver, Crawler Asphalt Concrete Paver, and
others. Bituminous Concrete Paver Market is classified, by technology into
Hydrostatic and Mechanical. Bituminous Concrete Paver Market is classified, by
applications into Railway, Highway, Airport, and others. Bituminous Concrete
Paver Industry is segmented, geographically into North America, Europe (Eastern
Europe, Western Europe), Asia Pacific, Latin America, Middle East and Africa.
Asia Pacific accounted for the largest market share of the
Bituminous Concrete Paver Industry in terms of revenue and is projected to grow
at highest CAGR over the forecast period. The reason being, growing demand for
road maintenance in developing countries such as India, Japan, and China,
government initiative towards road construction.
On the other hand,
Western Europe and Latin American regions are expected to grow at fixed CAGR
over forecast period with growing activities for road safety development.
Bituminous Concrete Paver Industry key players are SANY, CAT, Hanta, CMI
Roadbuilding, Volvo, ACE Asphalt, and Wirtgen Group.
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