Asphalt recycling, also known as reclaimed asphalt pavement, or RAP, is a process that involves repurposing pavement containing asphalt and aggregates. The process includes milling and full-depth removal of the pavement, which are the two primary ways of creating reclaimed asphalt. Contractors often use milling equipment to remove up to two inches of thickness each pass over the underlying pavement. The use of reclaimed asphalt material is on the rise due to the efficient use of resources by local, state, and federal agencies. The market is expected to grow in the coming years due to increased government initiatives to reduce carbon emissions. The impact of the COVID-19 pandemic on the market is addressed in the report. The report analyzes various business approaches used by companies to gain success in the market, and technical barriers and cost-effectiveness affecting the market growth.
The global asphalt recycling market is segmented by type, application, and region. The regional scope of the market includes North America, Europe, Asia-Pacific, South America, and the Middle East and Africa. The report offers case studies on the various countries involved in the market, aimed at giving readers a closer look at the opportunities and threats in the market. It also evaluates the risk for new entrants and the intensity of competitive rivalry.
The companies competing in the asphalt recycling market include … (company names to be inserted).
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