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2026-02-23 05:29:29 -

Asphalt Market Overview: Infrastructure Expansion Shaping Industry Dynamics

The global asphalt market size was estimated at USD 65.91 billion in 2024 and is anticipated to reach USD 83.35 billion by 2030, growing at a CAGR of 4.0% from 2025 to 2030. This steady growth reflects the increasing need for durable and cost-efficient construction materials driven by expanding transportation networks and infrastructure modernization initiatives worldwide. One of the...

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