Saudi Arabia Asphalt Market Size Anticipated to Observe Growth at a Steady Rate of 3.9% for the Study Period 2022-2029

 Rising demand for recycled asphalt and increased government and private sector expenditure on road construction and infrastructure development is expected to drive the demand for the Saudi Arabia asphalt market. However, the high cost of machinery such as asphalt pavers may further restrict the market's growth.


This Saudi Arabia asphalt is primarily used in constructing roads, parking areas and driveways as it binds crushed stone and aggregates into firm and concrete surfaces such as roads and pavements.

Data Bridge Market Research analyses that the Saudi Arabia asphalt market is expected to reach the value of USD 162,164.88 thousand by the year 2029, at a CAGR of 3.9% during the forecast period. The hot mix segment accounts for the most prominent asphalt type in the respective market, owing to the rising demand for recycled asphalt. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis and climate chain scenario.

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