An asphalt paver is a construction equipment machinery generally used to place asphalt on roads, parking lots, bridges and other such places. It surfaces the asphalt flat and provides minor compaction before it is further compacted by heavy road rollers. It is usually termed as an asphalt paving machine. Some asphalt pavers are dragged by the dump truck laying the asphalt, but most of these are now self-propelled machines.
With growth in industrial and infrastructural sector in the fast pace economies globally, there has been heavy expenditure on the road maintenance and infrastructural projects, creating demand for asphalt pavers globally. According to Energy Technology Perspectives (ETP) it is estimated that the world will need to add nearly 25 million paved road lane kilometres as only up to 60 % of roads are paved globally. The enhancement and establishment of modern roads and development in emerging economies such as India and China are major growth drivers of global asphalt pavers market. Understanding the importance of road maintenance globally is proving to be very effective to reduce the number of accidents, ultimately driving global asphalt pavers market during the forecast period. Reuse and rental market for road machinery and asphalt pavers are trends prevailing in the global asphalt pavers market which also is a restraint for new equipment sales for major players and manufacturers existing in this market. Increasing demand from road traffic will require continuous construction and improvement of roads, in both urban and rural areas and is likely to fuel the global asphalt pavers market by the end of 2023.
The Asphalt Paver Market report analyses the impact of COVID-19 on this industry. COVID-19 can affect the global market in 3 ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on enterprises and financial markets.

The report offers detailed coverage of Asphalt Paver industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Asphalt Paver by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Asphalt Paver market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.

First, this report covers the present status and the future prospects of the global Asphalt Paver market for 2015-2027.

Key Companies
Volvo
Caterpillar
Weiler
Zoomlion
Dynapac
Bomag
XCMG Construction Machinery Company
Sany Heavy Industries

Asphalt Paver Market by Type
Wheeled Asphalt Pavers
Tracked Asphalt Pavers
Asphalt Paver Market by Application
Highway
Urban Road

At the same time, we classify Asphalt Paver according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
The report conveys the entirety of current realities about market definition, orders, applications, and commitment for the Asphalt Paver market that are basic to be victorious inside the market. The principle motivation behind this report is to give a development map with respect to the activities taken by central participants of the Asphalt Paver market like item dispatches, joint endeavors, propensities, consolidations, and acquisitions which is influencing the Asphalt Paver market undertaking in general and furthermore influencing the business, import, fare, income and CAGR values.

Regional Analysis
North America, Latin America, Asia-Pacific countries, Europe, India, China, and over twenty countries have been analyzed based on the different marketing elements such as manufacturing capacity, consumer base, productivity, and profit margin, and ease of business. It is observed that North America, in particular, will show impressive development during the estimated time frame in marketing development. Administration organizations and outsider managers are channelizing their efforts to make client-driven items that will add to the development of an efficient marketing scenario in these regions. As the significant parts of the market business would be all around the globe, Middle East, Africa, North America along with other Asia-Pacific nations shows a great prospect of developing a good market favorable environment.

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Asphalt Paver market for the forecast period 2021 - 2027?
• What are the driving forces in the Asphalt Paver market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Asphalt Paver industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

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