The global asphalt market is poised for steady growth, projected to increase from USD 248.56 million in 2024 to USD 396.49 million by 2033, registering a compound annual growth rate (CAGR) of 5.1% during the forecast period (2025–2033). The expansion is primarily driven by rising infrastructure development activities and continuous advancements in asphalt technologies.
Asphalt, a...