Asphalt Price Trends

Procurement Resource provides latest prices of Asphalt. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

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Chart Description

Procurement Resource provides prices of Asphalt for several regions around the globe, which are as follows:

  • North America
  • South America
  • Europe
  • Asia Pacific
  • Middle East
  • Africa

About Asphalt

Asphalt refers to a semi-solid form of petroleum that is sticky, black, and highly viscous in nature. It is classified as a pitch. It may be found in natural deposits, like the Pitch Lake, or may be obtained as a refined product. It is most widely used for road construction, where it is used as a binder to create asphalt concrete upon its combination with aggregate particles. Its other significant application involves its use in the production of bituminous waterproofing products, like roofing felt, flat roofs sealant, etc.

Synonyms:

  • Bitumen 

Industrial Uses

  • Binder
  • Construction and roofing applications
  • Pipe and cable coatings
  • Paints
  • Tile underlying waterproofing
  • Newspaper ink production
  • Airport runways
  • Footways and pedestrian ways

Production Processes

  • Production of Asphalt via Vacuum Distillation

Asphalt is produced by separating it from other components in crude oil including naphtha, gasoline and diesel, through the process of vacuum distillation. In this process, it is obtained as the "heavy" fraction with a boiling point greater than 500 °C.

Supplier Database

  • China Petroleum & Chemical Corporation (or Sinopec)
  • Elead Ingoton Mobil Corporation
  • Nynas AB
  • Royal Dutch Shell Plc 

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Contact us for any specific request related to Asphalt

Methodology

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).