Asphalt Mixing Plants Market

Asphalt Mixing Plants Market Size By Product (Stationary and Portable), and By Application (Road Construction and Others), Regions, Global Industry Analysis, Share, Growth, Trends, and Forecast 2023 to 2032

Base Year: 2022 Historical Data: 2019-21
  • Report ID: TBI-14007
  • Published Date: Jan, 2024
  • Pages: 237
  • Category: Machinery & Equipment
  • Format: PDF
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The global asphalt mixing plants market was valued at USD 7.2 billion in 2022, growing at a CAGR of 2.1% from 2023 to 2032. The market is expected to reach USD 8.8 billion by 2032. The market is expected to grow due to increased road construction projects and international infrastructure expansion. The increase in asphalt production worldwide will be the main factor driving demand for the material. Urban areas have grown significantly over the past few years as people have moved from rural to urban areas to live and work.

Market Introduction:

Asphalt plants create asphalt by mixing dry, warm material, padding, and hydrocarbons from petroleum refineries and coal distillation. They are also known as asphalt mixing plants. Basic materials for asphalt production include bitumen, sand, aggregates, and stone dust. Airports, parking lots, and road construction are just a few of the projects that these plants work on. In asphalt mixing plants, where mechanical and electronic equipment are combined, hot mixtures are created to produce asphalt. Asphalt mixing plants include various equipment, such as dust collectors, hot aggregate collectors, coal feeders, vibrating screen filter supply systems, drum dryers, weighing & mixing systems, and carbon burners. Three primary types of asphalt mixing plants are drum, continuous, and batch. Road construction uses drum mix asphalt, which normally has a 240t/h 320th capacity. A mixture of cement, gravel, tar, and uniform sand is used to build roads, parking lots, and other infrastructure. As a result, the market requires more asphalt mixing plants. Batch mixes various materials, such as water, air, sand, silica, cement, and slag, to create concrete with less than 240 tonnes per hour capacity. This kind of asphalt is used for both building roadways and pedestrian walkways. The components are combined in a continuous mix machine capable of producing more than 320 tonnes of product per hour. The mixture is further mixed and dried in an elongated, drier drum.

Asphalt Mixing Plants Market Size

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Recent Development

In Aug 2022, Partners in Construction, Inc. The Conway, South Carolina-based Southern Asphalt, Inc. will be acquired by ROAD (the Company), a vertically integrated civil infrastructure business specialising in building and maintaining roads throughout five states in the Southeast. The acquisition resulted in adding two hot-mix asphalt plants and over 200 new employees for the Company in the Myrtle Beach, South Carolina, metro region.

In Aug 2021, With the help of R&G Cooper (RGC) and Berkshire Engineering Supplies (BES), Bulldog Plant & Equipment Ltd was established. It is believed to be the only Company in Britain. It is expected to rise to the top of the market for large-scale production plants in the engineering, energy, and construction materials industries.

In March 2022, MINDS Automation Group (MINDS) is set to be acquired by Astec Industries. The Company pioneered cloud-based data management and plant automation control systems in the asphalt business.

Market Dynamics:


Several benefits offered- Most roads worldwide are paved with asphalt, and asphalt mixing plants are extensively employed in constructing roads and highways. Because asphalt performs well under traffic circumstances and has high durability, it is widely used in road building. Both hot mix and cold mix asphalt can be used to pave roads. Bitumen, gravel, and filler are the main ingredients in asphalt. One essential equipment for building roads is the asphalt mixing plant, which produces the asphalt needed for building projects. Numerous governments emphasize both the quality and speed of the planned road construction. For instance, the Indian departments of MoRTH, NHAI, and others stress that road quality needs to meet international standards. Because of this, it is anticipated that the players in the asphalt mixing plant market will have plenty of growth prospects throughout the projection period.


Increased pollution- It is anticipated that the organic and inorganic pollutants produced during the mixing process will hinder the expansion of asphalt mixing plants. Operators of asphalt mixing plants may need help in the upcoming years due to the strict restrictions that the government and many international organisations fighting for environmental protection have created.

Regional segmentation analysis:

The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. Asia Pacific emerged as the largest global asphalt mixing plants market, with a 36.7% market revenue share in 2022.

APAC is expected to grow quickly because of the region's substantial product production in nations like China and India. In addition, the growing budget for highway expansion and the ongoing building of airports in major cities have raised demand for asphalt mixing plants in the area. Furthermore, as the region's automobile industries grow—especially in China and India—the demand for their products will eventually rise, leading to increased road development projects. One Belt One Road, for example, is an effort by China to improve cooperation and communication across several countries in Asia, Africa, and Europe.

Asia Pacific Region Asphalt Mixing Plants Market Share in 2022 - 36.7%

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Product Segment Analysis

The product segment is divided into stationary and portable. The stationary segment dominated the market, with a market share of around 59% in 2022. Stationary asphalt mixing plants are usually used for construction projects that require the continuous production of large amounts of asphalt batch mix.

Application Segment Analysis

The application segment is divided into road construction and others. The road construction segment dominated the market, with a market share of around 54% in 2022. The application for road construction is the main factor driving the growth of the asphalt mixing plant market worldwide. The asphalt provides exceptional performance and remarkable durability in the most intensively frequented areas. There is anticipated to be a considerable increase in demand for asphalt mixing plants by 2032. The growing need for better road conditions and the construction of new ones in various countries worldwide drives revenue in the business.

Some of the Key Market Players:
  • Nikko Company Limited
  • AMMANN Group
  • Speed Crafts
  • 4B Construction Corporation
  • Solmec Earthmovers Pvt. Ltd
  • MARINI S.p.A
  • Benninghoven
  • Atlas Industries
  • Arky Construction

Report Description:

Attribute Description
Market Size Revenue (USD Billion)
Market size value in 2022 USD 7.2 Billion
Market size value in 2032 USD 8.8 Billion
CAGR (2023 to 2032) 2.1%
Historical data 2019-2021
Base Year 2022
Forecast 2023-2032
Region The regions analyzed for the market are Asia Pacific, Europe, South America, North America, and Middle East & Africa. Furthermore, the regions are further analyzed at the country level.
Segments Product, Application

Frequesntly Asked Questions

As per The Brainy Insights, the size of the asphalt mixing plants market was valued at USD 7.2 billion in 2022 to USD 8.8 billion by 2032.

The global asphalt mixing plants market is growing at a CAGR of 2.1% during the forecast period 2023-2032.

Asia Pacific emerged as the largest asphalt mixing plants market.

Key players in the asphalt mixing plants market are Nikko Company Limited, AMMANN Group, Speed Crafts, 4B Construction Corporation, Solmec Earthmovers Pvt. Ltd, MARINI S.p.A, ASTEC, Benninghoven, Atlas Industries, and Arky Construction.

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This study forecasts global, regional, and country revenue from 2019 to 2032. The Brainy Insights has segmented the global asphalt mixing plants market based on the below-mentioned segments:

Global Asphalt Mixing Plants Market By Product:

  • Stationary
  • Portable 

Global Asphalt Mixing Plants Market By Application:

  • Road Construction
  • Others 

Global Asphalt Mixing Plants Market By Region:                       

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
  • Asia-Pacific
    • Japan
    • China
    • India
  • South America
    • Brazil
  • Middle East and Africa  
    • UAE
    • South Africa


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