Talk about the current market of asphalt industry
March 17th, 2022
At present, the asphalt industry is developing more and more rapidly and widely used. Together with the asphalt mixing equipment industry, we will briefly analyze the current situation of the asphalt industry.

There are many factors that affect the development of the asphalt industry. The upstream industry is one of the factors that have a greater impact. The upstream industries of the asphalt industry include petrochemical industry, coal and modification. People in the downstream are familiar with it, that is, expressway, waterproof building materials and municipal engineering road construction. The fluctuation of crude oil price and the change of crude oil processing capacity of upstream industries will directly affect the output and price of asphalt industry.

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The downstream industry of the asphalt industry will also have a great impact on the asphalt industry. Among all downstream industries, the asphalt consumed in highway construction accounts for almost 80% of the total asphalt consumption in China, and it is not difficult to see that the increase in demand of downstream industries can promote the development of asphalt industry and the increase of price.
The overall development of the asphalt industry is still relatively good. For road construction, due to the long construction period, generally about three to four years, and the application of asphalt is generally at the end of construction, it is normal for the asphalt industry to have a fluctuation period.
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