Asphalt Pavers Global Market Report 2026

An asphalt paver is a specialized machine designed to distribute, shape, and partially compact asphalt layers onto roadways and other surfaces. It effectively spreads partially compacted asphalt over flat surfaces during construction projects at various locations. Asphalt pavers play a crucial role in the construction of roads, parking lots, bridges, and similar infrastructure, ensuring the proper laying and initial compaction of asphalt for durable and smooth surfaces.

Asphalt pavers come in several main types, including track pavers, wheel pavers, and screeds. Track-equipped pavers are specifically designed with tracks to enhance traction, making them suitable for challenging projects involving poor underfoot conditions or the need to maneuver large transport units up steep inclines. These pavers cater to different paving widths categorized as less than 2.5 meters, 2.5-5 meters, and more than 5 meters. Various technologies, such as mechanical and hydrostatic systems, are utilized in these pavers to achieve different paving widths efficiently and effectively.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs are affecting the asphalt pavers market by increasing costs of imported engines, hydraulic systems, electronic controls, steel frames, and precision screed components. Construction equipment demand in North America and Europe is most impacted due to reliance on imported assemblies, while Asia-Pacific manufacturers face higher export-related cost pressures. These tariffs are increasing equipment prices and influencing fleet replacement decisions. At the same time, they are driving localized assembly, regional component sourcing, and innovation in cost-optimized and fuel-efficient asphalt paver designs.

The asphalt pavers market research report is one of a series of new reports from The Business Research Company that provides asphalt pavers market statistics, including asphalt pavers industry global market size, regional shares, competitors with an asphalt pavers market share, detailed asphalt pavers market segments, market trends and opportunities, and any further data you may need to thrive in the asphalt pavers industry. This asphalt pavers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The asphalt pavers market size has grown rapidly in recent years. It will grow from $2.62 billion in 2025 to $2.89 billion in 2026 at a compound annual growth rate (CAGR) of 10.2%. The growth in the historic period can be attributed to expansion of highway and urban road construction, growth in commercial paving projects, increased mechanization of road construction activities, rising demand for high-quality pavement finishes, improvements in paver durability and performance.

The asphalt pavers market size is expected to see strong growth in the next few years. It will grow to $4.23 billion in 2030 at a compound annual growth rate (CAGR) of 10.0%. The growth in the forecast period can be attributed to increasing adoption of smart paving technologies, rising investments in urban infrastructure modernization, expansion of electric and hybrid construction equipment, growing demand for high-productivity paving solutions, increased focus on emission reduction in construction machinery. Major trends in the forecast period include increasing adoption of automated and sensor-based paving systems, rising demand for high-precision screed technologies, growing use of fuel-efficient asphalt pavers, expansion of compact pavers for urban projects, enhanced focus on surface quality and uniform compaction.

The rising investments in the infrastructure sector are expected to drive the growth of the asphalt paver market in the coming years. Investments in this sector encompass financing and development initiatives targeting essential physical structures such as roads, bridges, utilities, and telecommunications to support economic development and societal needs. These investments create demand for road construction and maintenance projects, thereby increasing opportunities for asphalt paver products and services. For example, in July 2024, the UK's Office for National Statistics reported that total infrastructure sector investment reached $18.0 billion (£13.8 billion) in constant prices in 2023, marking a 3.9% increase from 2022. The estimated net stocks of infrastructure were $456.9 billion (£350.2 billion) in constant prices for 2023, reflecting a 0.3% rise compared to the previous year. Consequently, the growing infrastructure investments are fueling the expansion of the asphalt paver market.

Companies in the asphalt paver market are focusing on technological innovations to enhance precision, operational efficiency, and sustainability. 3D paving technology, for instance, is an automated construction solution that uses remote sensing and milling control systems to optimize paving operations. In September 2024, Roos Groep, a Netherlands-based road construction company, launched a fully electric slipform paver aimed at reducing fossil fuel dependence and lowering carbon emissions. Equipped with Leica Geosystems' MC1 3D machine control solution, which utilizes dual GNSS for heading and a total station for precise height control, the paver achieves millimeter-level accuracy. This technology integration enables Roos Groep to optimize energy efficiency, reduce operational downtime, and improve overall paving performance.

In January 2025, SMT, an Africa-based road construction solutions provider, entered into a strategic partnership with Dynapac to strengthen its asphalt paver offerings across 17 markets in West and Central Africa. Through this collaboration, SMT aims to enhance its road construction capabilities by leveraging Dynapac's expertise in asphalt pavers, rollers, and milling equipment. Dynapac is a Germany-based company specializing in road construction machinery, including asphalt pavers, rollers, and milling equipment.

Major companies operating in the asphalt pavers market are Caterpillar Inc. (CAT), Joseph Vogele AG (Wirtgen Group / John Deere), ABG Maschinenfabrik GmbH, Volvo Construction Equipment, Dynapac, Bomag GmbH (Fayat Group), Roadtec (Astec Industries Inc.), Weiler Corporation, VT LeeBoy Inc., Ammann Group, XCMG Construction Machinery Co. Ltd., SANY Heavy Industry Co. Ltd., Zoomlion Company Limited, Guangxi LiuGong Machinery Co. Ltd., Sumitomo Construction Machinery Co. Ltd., Shantui Construction Machinery Co. Ltd., Sakai Heavy Industries Ltd., CMI Roadbuilding, Hanta Machinery Co. Ltd., Mauldin Paving Products (L.B. Performance), Phoenix Engineering, MARINI (Fayat Group), UNITER Engineering Products

Asia-Pacific was the largest region in the asphalt pavers market in 2025. The regions covered in the asphalt pavers market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the asphalt pavers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The asphalt pavers market consists of sales of asphalt mixing plant machine, motor grader, road roller, compactor, hydraulic controller, drive tracks, hopper, feeding conveyor, and wheel tractor-scraper. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Asphalt Pavers Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses asphalt pavers market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

• Gain a truly global perspective with the most comprehensive report available on this market covering 16 geographies.
• Assess the impact of key macro factors such as geopolitical conflicts, trade policies and tariffs, inflation and interest rate fluctuations, and evolving regulatory landscapes.
• Create regional and country strategies on the basis of local data and analysis.
• Identify growth segments for investment.
• Outperform competitors using forecast data and the drivers and trends shaping the market.
• Understand customers based on end user analysis.
• Benchmark performance against key competitors based on market share, innovation, and brand strength.
• Evaluate the total addressable market (TAM) and market attractiveness scoring to measure market potential.
• Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
• Report will be updated with the latest data and delivered to you within 2-3 working days of order along with an Excel data sheet for easy data extraction and analysis.
• All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for asphalt pavers ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The asphalt pavers market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Type: Track Pavers; Wheel Pavers; Screeds
• 2) By Paving Width: Less Than 2.5 Meters; 2.5 - 5 Meters; More Than 5 Meters
• 3) By Technology: Hydrostatic; Mechanical
• Subsegments:
• 1) By Track Pavers: Compact Track Pavers; Full-Size Track Pavers
• 2) By Wheel Pavers: Compact Wheel Pavers; Large Wheel Pavers
• 3) By Screeds: Vibratory Screeds; Tamper Screeds; Hydraulic Screeds
• Companies Mentioned: Caterpillar Inc. (CAT); Joseph Vogele AG (Wirtgen Group / John Deere); ABG Maschinenfabrik GmbH; Volvo Construction Equipment; Dynapac; Bomag GmbH (Fayat Group); Roadtec (Astec Industries Inc.); Weiler Corporation; VT LeeBoy Inc.; Ammann Group; XCMG Construction Machinery Co. Ltd.; SANY Heavy Industry Co. Ltd.; Zoomlion Company Limited; Guangxi LiuGong Machinery Co. Ltd.; Sumitomo Construction Machinery Co. Ltd.; Shantui Construction Machinery Co. Ltd.; Sakai Heavy Industries Ltd.; CMI Roadbuilding; Hanta Machinery Co. Ltd.; Mauldin Paving Products (L.B. Performance); Phoenix Engineering; MARINI (Fayat Group); UNITER Engineering Products
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
• Delivery Format: Word, PDF or Interactive Report
• + Excel Dashboard
• Added Benefits
• Bi-Annual Data Update
• Customisation
• Expert Consultant Support

Added Benefits available all on all list-price licence purchases, to be claimed at time of purchase. Customisations within report scope and limited to 20% of content and consultant support time limited to 8 hours.