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Asphalt Mixing Plants Market Share

Report ID: GMI1998
Published Date: Dec 2022
Report Format: PDF

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Asphalt Mixing Plants Market Share

Global Company Market Share Analysis, 2023, (%)

Asphalt Mixing Plants industry seem to be highly fragmented in nature due to presence of numerous local and global players across the globe. In 2023, the combined revenue share of the listed players collectively held around 15%-20% of the market. These players are proactively involved in strategic endeavors, such as mergers & acquisitions, facility expansions & collaborations, to expand their product portfolios, extend their reach to a broader customer base, and strengthen their market position.

Asphalt Mixing Plants Market Companies

Major players operating in the asphalt mixing plants industry are:

Ammann Group Holding AG
Astec Industries, Inc
BENNINGHOVEN GmbH & Co. KG
CMI Roadbuilding Limited
Fayat Group
Gencor Industries, Inc.
LINTEC & LINNHOFF Holdings Pte Ltd
MARINI S.p.A.
NFLG Inc.
Nikko Co., Ltd.
Parker Plant Limited
Tietuo Machinery Co., Ltd.
WIRTGEN GROUP
XCMG Group
Zoomlion Heavy Industry Science & Technology Co., Ltd.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market valuation of the asphalt mixing plants was reached USD 3.5 billion in 2023 and is set to expand at over 4.3% CAGR between 2024 and 2032, attributed to the ongoing infrastructure development initiatives undertaken by governments and private entities.

Stationary asphalt mixing plants market size crossed USD 1 billion in 2023 and is poised to generate USD 2.16 billion by 2032, owing to the high production capacity and continuous operation, making them suitable for large-scale projects and long-term production requirements.

North America asphalt mixing plants market recorded USD 1 billion in revenue in 2023 and is projected to be worth USD 1.9 billion by 2032, owing to the increasing government investments in infrastructure development projects, including roadways, highways, bridges, and airports.

Leading asphalt mixing plants industry players are Ammann Group Holding AG, Astec Industries, Inc, BENNINGHOVEN GmbH & Co. KG, CMI Roadbuilding Limited, Fayat Group, Gencor Industries, Inc., LINTEC & LINNHOFF Holdings Pte Ltd., MARINI S.p.A., NFLG Inc., Nikko Co., Ltd., Parker Plant Limited, Tietuo Machinery Co., Ltd., WIRTGEN GROUP, and XCMG Group