Reportlinker Releases U.S. Asphalt Industry Report

Reportlinker.com, a market research company, has announced that it has released a new market research report related to the U.S. Asphalt Industry. The study examines the U.S. market for asphalt and asphalt products using historical data and also includes future forecasts to 2013 and 2018.

According to a company press release, primary asphalt demand in the U.S. is predicted to increase 2.4 percent annually through 2013. The report says that demand will benefit from a renewed growth in highway capital spending and road improvement and repair activity. The release also notes that gains in consumption will be derived from an expected recovery in new home building, sparking increased demand for asphalt shingles and other roofing products.