Asphalt Paver Market Sales

Asphalt Paver Market to Grow Rapidly at a CAGR of 3.7% by 2029

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The global market for asphalt pavers is anticipated to grow at a value CAGR of 3.7%, during the forecast period, to reach a market size of ~USD 1.6 Bn by the end of 2029 from an estimated USD ~1.1 Bn in 2019, according to a new Fact.MR study. Rising developments in road infrastructure across the world would fuel the demand for asphalt pavers. Despites its ensuing complexities for suppliers and manufacturers, the expansion of more efficient and durable machines is considered to be a boon for the growth of the asphalt paver market.

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Development in Road Infrastructure to Boost the Demand for Asphalt Pavers