Asphalt Market Size to Reach US$ 328.8 Million by 2028 | CAGR: 5.2%: IMARC Group
IMARC Group has recently released a new research study titled " Asphalt Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 ", The global asphalt market size reached US$ 234.4 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 328.8 Million by 2028, exhibiting a growth rate (CAGR) of 5.2% during 2023-2028. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form. Asphalt Market Report 2023 Market Outlook: Asphalt, or bitumen, is a sticky, black-colored, semi-solid binding form of fuel that is manufactured with a blend of slags, gravel, and crushed rocks. It is extensively utilized for constructing airport runways, bicycle lanes, sidewalks, tracks, ports, parking areas and railways. It is also used by farmers to line the bottom retention ponds to raise livestock and fish. Asphalt is currently avail...