Automotive Industry Today

Asphalt Pavers Market to Reach USD 4.15 billion by 2031 - Mordor Intelligence

Asphalt pavers market to grow from USD 3.23 B in 2026 to USD 4.15 B by 2031 at 5.13% CAGR, driven by road construction, urbanization, and infrastructure upgrades.
Published 06 February 2026

Introduction 

The Asphalt Pavers industry plays a critical role in road construction and infrastructure development by enabling efficient and uniform paving of highways, urban roads, airports, and industrial surfaces. According to Mordor Intelligence, the Asphalt Pavers Market is supported by rising public infrastructure investments, ongoing road rehabilitation programs, and increasing demand for durable pavement solutions across developed and emerging economies. 

The Asphalt Pavers Market analysis indicates steady adoption of advanced paving equipment as contractors focus on productivity, fuel efficiency, and surface quality. Technological improvements in screed control, automation, and material handling continue to support the expansion of the Asphalt Pavers Market size across construction applications. 

Key Market Trends 

  • Rising Infrastructure and Road Construction Activities 
  • Growing Adoption of Automation and Smart Paving Technologies 
  • Demand for Fuel-Efficient and Low-Emission Equipment 
  • Shift Toward Compact and Versatile Pavers 

 Market Segmentation 

As outlined by Mordor Intelligence, the Asphalt Pavers Market is segmented across the following categories: 

By Type 

  • Tracked Asphalt Pavers 
  • Wheeled Asphalt Pavers 

By Screed Type 

  • Hydraulic Screed 
  • Vibratory Screed 

By Paving Width 

  • Below Medium Width 
  • Medium Width 
  • Large Width 

By Application 

  • Road Construction 
  • Highway Projects 
  • Airport Runways 
  • Parking Areas and Industrial Surfaces 

By Geography 

  • North America 
  • Europe 
  • Asia-Pacific 
  • Latin America 
  • Middle East and Africa 

This segmentation highlights a diversified Asphalt Pavers Market share across equipment types, applications, and regional construction activity. 

Major Players 

  • Caterpillar Inc. 
  • AB Volvo 
  • Wirtgen Group 
  • Ammann Group 
  • Fayat Group 

These companies compete through advanced paving technologies, fuel-efficient designs, and strong dealer networks, strengthening their position within the Asphalt Pavers industry

Conclusion 

The Asphalt Pavers Market forecast remains positive, supported by sustained infrastructure spending, road maintenance requirements, and growing adoption of advanced paving solutions. Continued emphasis on automation, sustainability, and operational efficiency is expected to drive equipment upgrades and new investments. Overall, the Asphalt Pavers Market is well positioned to benefit from long-term infrastructure development and modernization initiatives worldwide. 

Industry Related Reports 

Europe Construction Equipment Rental Market: https://www.mordorintelligence.com/industry-reports/europe-construction-equipment-rental-market?utm_source=Industrytoday.co.uk 

Electric Off Highway Equipment Machinery Market: https://www.mordorintelligence.com/industry-reports/electric-off-highway-equipment-machinery-market?utm_source=Industrytoday.co.uk 

Container Handling Equipment Market: https://www.mordorintelligence.com/industry-reports/container-handling-equipment-market?utm_source=Industrytoday.co.uk 

About Mordor Intelligence 

Mordor Intelligence is a trusted partner for businesses seeking actionable market insights. With 550+ domain experts and specialists across 150+ countries, we deliver comprehensive syndicated and custom research across industries such as aerospace, agriculture, chemicals, consumer goods, energy, healthcare, and many more, helping organizations make informed decisions and achieve strategic goals. 

For any inquiries or to access the full report, please contact: 

media@mordorintelligence.com 

https://www.mordorintelligence.com/ 

Other Industry News

Ready to start publishing

Sign Up today!