Global Recycled Asphalt Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Application;

Patch material, Hot-mix asphalt, Temporary driveways & roads, Road aggregate for unpaved roadways, Interlocking bricks, New asphalt shingles, Energy recovery and Others.

By Product Type;

Hot Recycling and Cold Recycling.

By Type;

Black, White and Brown.

By End-Use;

Commercial, Industry and Municipal.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn479259678 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Recycled Asphalt Market (USD Million), 2021 - 2031

In the year 2024, the Global Recycled Asphalt Market was valued at USD 9,382.73 million. The size of this market is expected to increase to USD 13,922.87 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.8%.

Asphalt, a fundamental component of road construction and maintenance, plays a crucial role in infrastructure development worldwide. Amid increasing environmental concerns and sustainability initiatives, the utilization of recycled asphalt has gained significant traction in recent years. Recycling asphalt not only offers economic benefits but also aligns with environmental objectives by reducing the consumption of natural resources and minimizing waste generation. The Global Recycled Asphalt Market report explores the dynamics and trends shaping this burgeoning industry, providing insights into market size, growth prospects, key players, and technological advancements.

With the escalating demand for road infrastructure coupled with the growing emphasis on sustainable construction practices, the global recycled asphalt market is witnessing robust growth. Recycled asphalt, derived from reclaimed asphalt pavement (RAP) and recycled asphalt shingles (RAS), presents a cost-effective and eco-friendly alternative to traditional asphalt materials. This report delves into the various applications of recycled asphalt across road construction, pavement rehabilitation, and other infrastructure projects, analyzing the factors driving its adoption and market expansion. Additionally, it evaluates regulatory frameworks, technological innovations, and industry collaborations shaping the future trajectory of the global recycled asphalt market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Application
    2. Market Snapshot, By Product Type
    3. Market Snapshot, By Type
    4. Market Snapshot, By End-Use
    5. Market Snapshot, By Region
  4. Global Recycled Asphalt Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Infrastructure Development

        2. Environmental Sustainability

        3. Cost Savings

      2. Restraints
        1. Quality Concerns

        2. Limited Awareness and Education

        3. Regulatory Challenges

      3. Opportunities
        1. Technological Advancements

        2. Increasing Government Initiatives

        3. Growing Construction Industry

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Recycled Asphalt Market, By Application, 2021 - 2031 (USD Million)
      1. Path Material
      2. Hot-mix Asphalt
      3. Temporary Driveways and Roads
      4. Road Aggregate for Unpaved Roadways
      5. Interlocking Bricks
      6. New Asphalt Shingles
    2. Global Recycled Asphalt Market, By Product Type, 2021 - 2031 (USD Million)
      1. Hot Recycling
      2. Cold Recycling
    3. Global Recycled Asphalt Market, By Type, 2021 - 2031 (USD Million)

      1. Black

      2. White

      3. Brown

    4. Global Recycled Asphalt Market, By End-Use, 2021 - 2031 (USD Million)
      1. Commercial
      2. Industry
      3. Municipal
    5. Global Recycled Asphalt Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Yunnuzzi Group Inc,
      2. ACET Recycling
      3. Pavement Recycling System, Inc
      4. Crossroads Asphalt Recycling, inc,
      5. Rubble Master HMN GmbH
      6. Renova Industries,
      7. Asphalt specialities co, inc
      8. Wirtgen Group
      9. API Construction Corp
      10. J-2 Contracting Company, LLC
      11. The Kraemer Company, LLC
  7. Analyst Views
  8. Future Outlook of the Market