Tag: The Freedonia Group

Roadbuilding

U.S. asphalt in pavements to reach 13.7 million tons by 2021

A report by The Freedonia Group forecasts asphalt used in highways and streets could increase 3.3 percent per year to reach 13.7 million tons by 2021, citing expectations of increased construction activity and more government funding. The report, “Paving Asphalt Market in the U.S.,” expects total “paving asphalt products” used in total applications to reach […]

July 24, 2017

Home

Annual China construction spending up 9 percent

Construction expenditures in China are expected to rise 9.1 percent per annum in real terms through 2014, moderating significantly from the pace of the 2004-2009 period. Notwithstanding its deceleration in growth, China still represents the fastest growing major national market in the world, according to the report. Increases will be bolstered by a growing domestic […]

May 21, 2010

Roadbuilding

U.S. demand for asphalt to approach 31 million tons in 2013

U.S. consumption of asphalt products is projected to increase 1.7 percent annually to 30.8 million tons in 2013, according to the report, Asphalt, recently released by The Freedonia Group. This is equivalent to 169 million barrels of primary asphalt, the vast majority of which is refined petroleum asphalt. The expected growth represents a rebound from […]

November 9, 2009