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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Asphalt Mixing Plants Market to hit $7bn by 2024: Fractovia.org.

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Presentation on theme: "© 2016 Global Market Insights, Inc. USA. All Rights Reserved Asphalt Mixing Plants Market to hit $7bn by 2024: Fractovia.org."— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Asphalt Mixing Plants Market to hit $7bn by 2024: Fractovia.org

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Increasing road construction development across the globe is one of key factors that may positively favor asphalt mixing plants market. To fulfil the increasing demand for superior roads, players in Asphalt Mixing Plants Market are continuously engaged in developing new and more sophisticated products, while simultaneously upgrading their existing plants with the incorporation of new systems. The use of innovative technology on existing plants is likely to enhance their working efficiency. Growing developments in asphalt plant technology are thus, slated to provide benefits to the user in terms of energy efficiency, which may favor the asphalt mixing plants industry growth over the years ahead. Asphalt mixing plants market having had a revenue of USD 6.6 billion in 2016, will exhibit an annual growth rate of 1.4% over the period of 2017-2024.  The deployment of strict environmental norms for emission control has directed manufacturers to design new technologies for meeting the upgraded emission control regulations. For instance, ADM has designed a new counterflow system to redirect the generated gases to the combustion zone of the drum. Key Insights of Asphalt Mixing Plants Market:

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Asphalt Drum Mixers Inc. (ADM), has also developed EX120 asphalt plant to accomplish the rising demand for portable counterflow plants pertaining to their capability to process a significantly large percentage of recycled asphalt pavement (RAP). As per a research study, portable asphalt mixing plants market will register an annual growth rate of 1.5% over the coming seven years.  Key market players are planning to expand their business space across North America, since contractors across this region have been intensely looking out for opportunities to increase the percentage of RAP in plant mixes.  Ammann, one of the global leaders in asphalt mixing plants market has been continuously demonstrating its energy efficient advancements in asphalt plants, which has proved to substantially impel U.S. industry. The increasing infrastructure development across the U.S., is likely to propel North America asphalt mixing plants industry share, pertaining to the expanding construction market. Continued…

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com U.S. asphalt mixing plants market size, by process, 2013 - 2024 (USD Million)

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse Full Market Research Report Of Asphalt Mixing Plants Market @ http://bit.ly/2z6O5ek http://bit.ly/2z6O5ek Request for a Sample of this Research report @ https://www.fractovia.org/request-sample/608

6 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Manufacturers are mainly focusing on plant mobility, issues related to the use of RAP, and improved mix control to develop advanced plants. On one hand, the participants in asphalt mixing plants market are continuously involved in the development of material quality and new grades of mixes.  On the other hand, upgradation of plants is likely to enhance safety features for the operator, which will, in turn, boost the demand for next generation asphalt mixing plants.  The prominent players in asphalt mixing plants industry are Speedcrafts Limited, Benninghoven, LINTEC Corporation, AMMANN Group, DELTA Group, ASTEC, MARINI S.p.A, and Nikko Company Ltd. Globally, asphalt mixing plants market is slated to surpass a revenue collection of USD 7 billion by the end of 2024. Continued….

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