Global Asphalt Pavers Market was valued $1.1 Bn in 2019 and is expected to reach $2.77 Bn by 2026, at
a CAGR of 3.5% during the forecast period.
Global Asphalt Pavers Market Introduction
An asphalt paver is a piece of construction machinery that is used to lay asphalt on sidewalks, parking
lots, bridges, and other similar locations. It flattens the asphalt and provides slight compaction until
heavy road rollers compress it further. It's commonly referred to as an asphalt paver. While some
asphalt pavers are pulled by the dump truck, the majority of these machines are now self-propelled.
Growing infrastructure and road development initiatives in developing economies to create smart cities
is a major driving force for the global asphalt pavers sector.
Global Asphalt Pavers Market Dynamics
Different technologies and developments are shaping both future and present asphalt paver
manufacturing in the asphalt paving equipment industry. The trend for electrically heated screeds,
according to market participants, may have the greatest impact on paver output. The rise of electric
screeds coincided with a growing focus on fuel efficiency. Electric screeds eliminate the associated
fumes as well as the use of diesel fuel. These are also easier to manage the heat and are cleaner,
removing some of the maintenance problems that come with diesel heated screeds. Construction
companies all over the world are constantly focused on long-term project development in order to
obtain energy efficiency certifications. Manufacturers are shifting their focus to the production of user-
friendly, energy-efficient, and low-emission construction equipment, and asphalt pavers are no
exception, as these certifications require construction industries to reduce their emissions and emission
footprint across the overall project lifecycle.
With the rising rate of urbanization and the expansion of industrial activities around the world,
especially in developing countries. The need for good roads, highways, and bridges is at the to