𝐔𝐧𝐯𝐞𝐢𝐥𝐢𝐧𝐠 𝐭𝐡𝐞 𝐈𝐧𝐭𝐫𝐢𝐜𝐚𝐜𝐢𝐞𝐬: 𝐄𝐱𝐩𝐥𝐨𝐫𝐢𝐧𝐠 𝐭𝐡𝐞 𝐖𝐨𝐫𝐥𝐝 𝐁𝐞𝐧𝐞𝐚𝐭𝐡 𝐀𝐬𝐩𝐡𝐚𝐥𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐞𝐭 𝐚 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞: https://lnkd.in/dvUBy_u9 The global asphalt market size stood at USD 222.0 million in 2019 and is expected to reach USD 321.5 million by 2027, exhibiting a CAGR of 4.8% during the forecast period. Asphalt is also identified as bitumen, which is a black and sticky, highly viscous liquid, or a semi-solid formula of petroleum. It is found in the natural deposit or can be used as a refined product that is classed as a pitch. The major application of this substance is roadways construction, where it is used as a binder that is mixed with aggregate elements to produce concrete. It is used for other paved parts such as airport runways, footways, and car parks. Also, the product is used in bituminous waterproofing, which includes producing roofing felt and sealing of flat roofs. 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬: ExxonMobil Marathon Petroleum Corporation ROYAL DUTCH SHELL PLC TotalEnergies
