Quarrying aggregate and producing fresh binder both carry a cost. Putting old pavement back into service reduces that burden, and the idea is gaining ground in the Recycled Asphalt Market. Its 2025 value of US$ 11.37 Billion is set to grow to US$ 18.69 Billion by 2034, a 5.68% CAGR between 2026 and 2034.
What Is Driving the Market?
Environmental awareness is the first driver. Asphalt is one...