|
Mumbai,
March 5, 2007:
According to a new report distributed by Mumbai based
consultants Bharat Book Bureau titled “Asphalt
in China forecasts to 2010 & 2015” ,
the asphalt market in China has expanded to around 12.5 per
cent per year during the last decade and has topped 12.3
million metric tones in the year 2005.
The report says that demand increases will continue to
outspace the world asphalt market, rising 6.0 per cent
annually through 2010 to over 16 million metric tones. This
is due to the robust growth in the booming construction
industry in
China.
Accordingly, the demand for asphalt in paving applications is
projected to register robust gains through the future years.
Among the different types of asphalt paving products, the
demand for emulsified asphalt will benefit from increasing
use in maintenance and repair applications, and will post
the best gains through the years 2010.
The report also mentions that non-building construction will
remain the largest as well as the fastest growing market for
asphalt products, benefiting from the country’s ambitious
road construction plan, which reflects the government’s
efforts to improve the country’s infrastructure.
As the construction activities post strong gains, asphalt
demand will increase, particularly in the office, commercial
and industrial segments, and non-residential building
activity will boost the demand for asphaltic roofing, like
built-up roofing and modified bitumen membranes, as well as
for asphalt paving products used in driveways and parking
lots.
Although
China is a
single nation, it is further sub-divided into regional
markets, which is characterized by different economies,
cultures and languages. The regions of Central-East as well
as Central-South will remain home for the major population
and will continue to be the biggest regional asphalt markets
in China through the years 2010.China offers tremendous
potential in asphalt products and international producers
and distributors
recognize this potential that
China
offers. This particular study on the Chinese asphalt
industry presents historical data pertaining to asphalt
demand including forecasts to 2010 and 2015 by product type
and market. In addition, it also includes regional
breakouts for major market categories, presents the company
market share data and profiles leading players in the
Chinese asphalt industry.
For more information kindly visit: http://www.bharatbook.com/bookdetail.asp?bookid=8058
About
Bharat Book Bureau:
Bharat Book
Bureau, leading information aggregator based in India ,
facilitates and supports the business information needs by
providing with the relevant information materials generated
and published by global agencies on
all the
major industries like Banking
and
Finance,
Insurance,
Automotive,
Energy,
Shipping
and
Marine,
Metals
and
Minerals,
Oil
and
Gas,
Textiles
etc., including country info, technical and management
subjects, both in print and electronic format. These include
reports, newsletters, country and company profile and online
databases.
Kindly visit our website
http://www.bharatbook.com to know more about the
publications we handle. |
|
