Feb 22, 2018   SOURCE: BusinessWire

Global Asphalt, Lubricating Oil and Grease Manufacturing Market Briefing 2018 - ResearchAndMarkets.com

The "Asphalt, Lubricating Oil and Grease Manufacturing Market Global Briefing 2018" report has been added to ResearchAndMarkets.com's offering.

Asphalt, Lubricating Oil and Grease Manufacturing market global briefing provides strategists, marketers and senior management with the critical information they need to assess the global asphalt, lubricating oil and grease manufacturing sector.

The asphalt, lubricating oil and grease manufacturing market includes establishments manufacturing block, asphalt paving mixture, asphalt shingle, coating materials, petroleum lubricating oil and grease. Asphalt is a sticky, black and highly viscous liquid or semi-solid form of petroleum used for surfacing roads, flooring, and roofing.

Asia Pacific was the largest region in the asphalt, lubricating oil and grease manufacturing market in 2017, accounting for around 42% market share. This is mainly attributed to large demand for petroleum products such as lubrication oil and coal products by developing Asian countries. North America was the second largest region accounting for around 14% market share. Africa was the smallest region accounting for around 2% market share.

Modified Asphalt Strengthens Roofing shingles - Polymer modified asphalt (PMA),which is variation of traditional asphalt has been gaining popularity as it can be fixed at comparatively low temperatures and retains surface granules better compared to standard granules. Asphalts are mixed with elastomers to produce PMA which has higher rutting resistance and durability.

Styrene-butadiene-styrene (SBS) and Styrene-butadiene rubber (SBR) are the most commonly used elastomers to produce PMA. for instance, the global PMA market grew by 7% during 2015-22, thus indicating high demand for PMA.

Scope:

  • Markets Covered: Asphalt, Other Petroleum Products
  • Time Series: Five years historic (2013-17) and forecast (2017-21).
  • Data: Market value in $ billions.
  • Data Segmentations: Regional breakdowns, market share of competitors, key sub segments.
  • Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Companies Mentioned

  • Royal Dutch Shell
  • BP P.L.C.
  • Gazprom Neft
  • CRH Plc
  • Owens Corning Sales LLC
  • Lafargeholcim Ltd
  • Valero
  • Imperial Oil Ltd
  • Vulcan Materials Co

For more information about this report visit https://www.researchandmarkets.com/research/g9863w/global_asphalt?w=4