Table of Contents
Chapter 1: Executive Summary
- Scope of the Report
- Methodology
- A Note on Measures Used
- Asphalt Production
- Asphalt Consumption
- Asphalt Applications
- Asphalt Supply
- Asphalt Demand
- Asphalt Economics
- Asphalt Distribution and Seasonality
- The U.S. Liquid Asphalt Cement Market
- U.S. Market Nears $12 Billion
- Table 1-1: U.S. Liquid Asphalt Cement Value of Apparent Consumption
and Year-over-Year Percentage Change, 1999-2008 (in millions of dollars)
- 2008 Production Drops 14%
- Table 1-2: U.S. Liquid Asphalt Cement Apparent Consumption by Volume,
Average Price per Barrel, and Year-over-Year Percentage Changes, 1999-2008
(in millions of barrels)
- Liquid Asphalt Cement Market Forecast
- Crude Costs to Remain Below 2008 Levels
- Obama Administration Likely to Spend on Infrastructure
- Coker Unit Investments Slow
- 2009 Production Increases Modest, Price Drops Significant
- Table 1-3: U.S. Liquid Asphalt Cement Value of Apparent Consumption
Forecast and Year-over-Year Percentage Change, 2008-2013 (in millions of
dollars)
- Consumption Growth at 8%, Prices Fluctuate
- Table 1-4: U.S. Liquid Asphalt Cement Apparent Consumption by Volume,
Average Price per Barrel Forecasts, and Year-over-Year Percentage Changes,
2008-2013 (in millions of barrels)
- The U.S. Asphalt Products Market
- Asphalt Products Market Reaches $24 Billion
- Table 1-5: U.S. Asphalt Products' Value of Apparent Consumption and
Yearover- Year Percentage Change, 1999-2008 (in millions of dollars)
- Total Quantities on the Decline
- Prices on the Move Upward
- Table 1-6: U.S. Asphalt Products' Apparent Consumption by Quantity,
Average Price per Metric Ton, and Year-over-Year Percentage Changes,
1999-2008 (in thousand metric tons)
- Asphalt Products Market to Top $38 billion by 2013
- Paving Mixtures CAGR 14% by 2013
- Table 1-7: U.S. Asphalt Products' Market Forecast by Segment and
Yearover- Year Percentage Changes: Asphalt Paving Mixtures and Shingle and
Coating Materials, 2008-2013 (in millions of dollars)
- Competitive Overview: Refiner Focus
- Fragmented and Regional Business Landscape
- Marathon Is Largest Refiner with 12% Share of Production Capacity
- Low Refiner Capacity Utilization
- Producers/Pavers Highly Fragmented
- Economic & Marketplace Trends
- Real GDP Growth Projected at Negative 0.8% for 2009
- Figure 1-1: Percentage Changes in U.S. Current-Dollar GDP, Real GDP
and the GDP Price Index, 2002-2008 (percentage)
- Asphalt Product Producer Prices Skyrocket
- Price Increases by Product
- Paving Products: Mixtures See 17% Gain in 2008
- Roofing Products See Relatively Modest Price Increases in 2008
- Asphalt Input Prices: Crude Up 75%+
- Coker Projects May Further Reduce Asphalt Supply
- Pavement Input Prices: Liquid Asphalt and Aggregate Up Overall 7%
- Other Asphalt Pavement Input Costs
- Higher Prices on Input Materials for Concrete
- Prices and Supply Jeopardizing Road Maintenance Budgets
- Warming Weather Trends Benefit Marketplace
- Re-Defining as a Green Industry
- Labor Shortages and Immigration to Hamper Road Building
- Warm Mix Asphalt Positioned to Usurp Hot Mix
- End User Markets
- Paving Industry Consumes 93% Asphalt Plus
- Asphalt Roofing No Growth in Sight
- Total Construction Spending Declines
- Table 1-8: Total U.S. Construction Spending and Year-over-Year Percent
Change, 2002-2008 (in millions of dollars)
- Highway & Street Construction Down from Mid-Decade
- Table 1-9: Total Highway & Street Construction Spending and Year-over-
Year Percent Change, 2002-2008 (in billions of dollars)
- State & Local Pavement Spending at $50 Billion for 2008
- Table 1-10: Total State & Local Pavement Spending and Year-over-Year
Percent Change, 2002-2008 (in billions of dollars)
- Federal Spending and SAFETEA-LU
- Table 1-11: Safe, Accountable, Flexible, Efficient Transportation
Equity Act: A Legacy for Users (SAFETEA-LU) Total Highway Spending
(Excluding Transportation Research) and Year-over-Year Percent Change,
2005-2009 (in billions of dollars)
- Non-Residential Pavement Contractor Revenue Affected by Price
Fluctuations
- Table 1-12: Total Non-Residential Pavement Contractor Revenues and
Yearover- Year Percent Change, 2002-2008 (in billions of dollars)
- “Residential” Pavement Contractor Revenue Arcs Downward
- Table 1-13: Total “Residential” Pavement Contractor
Revenues and Yearover- Year Percent Change, 2002-2008 (in billions of
dollars)
- Roofing Contractor Revenues Decline 16% in 2008
- Table 1-14: Total Roofing Contractor Revenues and Year-over-Year
Percent Change, 2002-2008 (in billions of dollars)
Chapter 2: Introduction
- Scope of the Report
- Market Data Provided
- Competitive Landscape
- Economic and Market Trends
- End User Markets
- Methodology
- Terms
- A Note on Measures Used
- Asphalt Primer
- Production
- Consumption
- Applications
- Supply
- Demand
- Asphalt Economics
- Distribution and Seasonality
Chapter 3: The U.S. Liquid Asphalt Cement Market
- U.S. Market Nears $12 Billion
- Figure 3-1: U.S. Liquid Asphalt Cement Value of Apparent Consumption,
1999-2008 (in billions of dollars)
- Table 3-1: U.S. Liquid Asphalt Cement Value of Apparent Consumption and
Year-over-Year Percentage Change, 1999-2008 (in millions of dollars)
- Real Consumption Lower, Prices Higher
- Figure 3-2: U.S. Liquid Asphalt Cement Apparent Consumption by Volume
and Average Price per Barrel, 1999-2008 (in millions of barrels)
- 2008 Production Drops 14%
- Table 3-2: U.S. Liquid Asphalt Cement Apparent Consumption by Volume,
Average Price per Barrel, and Year-over-Year Percentage Changes, 1999-2008
(in millions of barrels)
- Components of Trade
- Table 3-3: U.S. Liquid Asphalt Cement Value of Components of Trade,
1999-2008 (in millions of dollars)
- Table 3-4: U.S. Liquid Asphalt and Road Oil Supply and Disposition,
1999-2008 (in millions of barrels)
- Value of Net Shipments
- Figure 3-3: U.S. Liquid Asphalt Cement Value of Net shipments
(Shipments Less Exports) and Percent of U.S. Apparent Consumption,
1999-2008 (in billions of dollars)
- Table 3-5: U.S. Liquid Asphalt Cement Value of Net Shipments and
Yearover- Year Percentage Change, 1999-2008 (in millions of dollars)
- Net Shipment Volume, Prices
- Figure 3-4: U.S. Liquid Asphalt Cement Net Shipments (Shipments Less
Exports) by Volume and Average Net Shipment Prices per Barrel, 1999-2008
(in billions of dollars)
- Table 3-6: U.S. Liquid Asphalt Cement Net Shipments by Volume, Average
Price per Barrel, and Year-over-Year Percentage Changes, 1999-2008 (in
millions of barrels)
- Value of Imports Volatile
- Figure 3-5: U.S. Liquid Asphalt Cement Imports and Percent of U.S.
Value of Apparent Consumption, 1999-2008 (in millions of dollars)
- Table 3-7: U.S. Liquid Asphalt Cement Value of Imports and
Year-over-Year Percentage Change, 1999-2008 (in millions of dollars)
- Import Volume Growth at 4%, Prices at 25% in Ten-Year Period
- Figure 3-6: U.S. Liquid Asphalt Cement Imports by Volume and Average
Price per Barrel, 1999-2008 (in millions of barrels)
- Table 3-8: U.S. Liquid Asphalt Cement Imports by Volume, Average Price
per Barrel, and Year-over-Year Percentage Changes, 1999-2008 (in millions
of barrels)
- Export Share Improves
- Figure 3-7: U.S. Liquid Asphalt Cement Value of Exports and Percent of
U.S. Value of Shipments, 1999-2008 (in millions of dollars)
- Table 3-9: U.S. Liquid Asphalt Cement Value of Exports and
Year-over-Year Percentage Change, 1999-2008 (in millions of dollars)
- Export Volume Growth at 20%, Prices at 11% in Ten-Year Period
- Figure 3-8: U.S. Liquid Asphalt Cement Imports by Volume and Average
Price per Barrel, 1999-2008 (in millions of barrels)
- Table 3-10: U.S. Liquid Asphalt Cement Exports by Volume, Average
Price per Barrel, and Year-over-Year Percentage Changes, 1999-2008 (in
millions of barrels)
- Market Forecast
- Asphalt Cement Market Impacted by Supply, Demand and Commodity
Pricing
- Crude Costs to Remain Below 2008 Levels
- Obama Administration Likely to Spend on Infrastructure
- Coker Unit Projects Further Shift Refiner Interests Away from Asphalt
- Figure 3-9: U.S. Liquid Asphalt Cement Value of Apparent Consumption
Forecast, 1999-2008 (in billions of dollars)
- 2009 Production Increases Modest, Price Drops Significant
- Table 3-11: U.S. Liquid Asphalt Cement Value of Apparent Consumption
Forecast and Year-over-Year Percentage Change, 2008-2013 (in millions of
dollars)
- Consumption Growth at 8%, Price Fluctuates
- Figure 3-10: U.S. Liquid Asphalt Cement Apparent Consumption by Volume
and Average Price per Barrel Forecasts, 2008-2013 (in millions of barrels).
- Table 3-12: U.S. Liquid Asphalt Cement Apparent Consumption by Volume,
Average Price per Barrel Forecasts, and Year-over-Year Percentage Changes,
2008-2013 (in millions of barrels)
Chapter 4: The U.S. Asphalt Products Market
- Asphalt Products Market Reaches $24 Billion
- Figure 4-1: U.S. Asphalt Products' Value of Apparent Consumption,
1999-2008 (in billions of dollars)
- Table 4-1: U.S. Asphalt Products' Value of Apparent Consumption and
Year-over-Year Percentage Change, 1999-2008 (in millions of dollars)
- Figure 4-2: Share of U.S. Asphalt Products' Value of Apparent
Consumption by Segment: Asphalt Paving Mixtures and Asphalt Shingle and
Coatings, 2008 (percentage)
- Total Quantities on the Decline
- Figure 4-3: U.S. Asphalt Products' Apparent Consumption by Quantity
and Average Price per Metric Ton, 1999-2008 (in million metric tons)
- Prices on the Rise
- Table 4-2: U.S. Asphalt Products' Apparent Consumption by Quantity,
Average Price per Metric Ton, and Year-over-Year Percentage Changes,
1999-2008 (in thousand metric tons)
- Figure 4-4: Share of U.S. Asphalt Products' Quantity of Apparent
Consumption by Segment: Asphalt Paving Mixtures and Asphalt Shingle and
Coatings, 2008 (percentage)
- Asphalt Paving Mixtures Market
- Paving Mixtures Reaches $17 Billion
- Figure 4-5: U.S. Asphalt Paving Mixtures Apparent Consumption and
Percent of Total U.S. Asphalt Products' Market, 1999-2008 (in billions of
dollars)
- Table 4-3: U.S. Asphalt Paving Mixtures Apparent Consumption Value and
Year-over-Year Percentage Change, 1999-2008 (in millions of dollars)
- Asphalt Paving Mixtures Quantity and Price
- Figure 4-6: U.S. Asphalt Paving Mixtures Apparent Consumption by
Quantity and Average Price per Metric Ton, 1999-2008 (in millions of
metric tons)
- Table 4-4: U.S. Asphalt Paving Mixtures Apparent Consumption by
Quantity, Average Price per Metric Ton, and Year-over-Year Percentage
Changes, 1999-2008 (in thousand metric tons)
- Components of Trade
- Table 4-5: U.S. Asphalt Paving Mixtures Components of Trade Value, 1999-
2008 (in millions of dollars)
- Net Shipment Value, Quantity and Price
- Figure 4-7: U.S. Asphalt Paving Mixtures Net Shipments Value (Shipments
Less Exports) and Percent of U.S. Apparent Consumption, 1999-2008 (in
billions of dollars)
- Table 4-6: U.S. Asphalt Paving Mixtures Net Shipments Value (Shipments
Less Exports) and Year-over-Year Percentage Changes, 1999-2008 (in millions
of dollars)
- Figure 4-8: U.S. Asphalt Paving Mixtures Net Shipments (Shipments Less
Exports) by Quantity and Average Prices per Metric Ton, 1999-2008 (in
million metric tons)
- Table 4-7: U.S. Asphalt Paving Mixtures Net Shipments (Shipments Less
Exports) by Quantity, Average Prices per Metric Ton, and Year-over-Year
Percentage Changes, 1999-2008 (in million metric tons)
- Import Value, Quantity, and Price
- Figure 4-9: U.S. Asphalt Paving Mixtures Import Value and Percent of
U.S. Apparent Consumption, 1999-2008 (in millions of dollars)
- Table 4-8: U.S. Asphalt Paving Mixtures Import Value and
Year-over-Year Percentage Changes, 1999-2008 (in millions of dollars)
- Figure 4-10: U.S. Asphalt Paving Mixtures' Imports by Quantity and
Average Import Prices per Metric Ton, 1999-2008 (in thousand metric tons)
- Table 4-9: U.S. Asphalt Paving Mixtures' Imports by Quantity and
Average Import Prices per Metric Ton, and Year-over-Year Percentage
Changes, 1999-2008 (in thousand metric tons)
- Export Value, Quantities and Prices
- Figure 4-11: U.S. Asphalt Paving Mixtures' Export Value and Percent of
Total U.S. Shipment Value, 1999-2008 (in millions of dollars)
- Table 4-10: U.S. Asphalt Paving Mixtures' Export Value and
Year-over-Year Percentage Changes, 1999-2008 (in millions of dollars)
- Figure 4-12: U.S. Asphalt Paving Mixtures Exports by Quantity and
Average Export Prices per Metric Ton, 1999-2008 (in thousand metric tons)
- Table 4-11: U.S. Asphalt Paving Mixtures Exports by Quantity and
Average Export Prices per Metric Ton, 1999-2008 (in thousand metric tons)
- Asphalt Shingle and Coating Materials Market
- Shingle and Coating Materials Slides to $7 billion
- Figure 4-13: U.S. Asphalt Shingle and Coating Materials Apparent
Consumption and Percent of Total U.S. Asphalt Products' Market, 1999-2008
(in billions of dollars)
- Table 4-12: U.S. Asphalt Shingle and Coating Materials Apparent
Consumption and Year-over-Year Percentage Changes, 1999-2008 (in millions
of dollars)
- Asphalt Shingle & Coating Materials Quantity and Price
- Figure 4-14: U.S. Asphalt Shingle and Coating Materials Apparent
Consumption by Quantity and Average Price per Metric Ton, 1999-2008 (in
millions of metric tons)
- Table 4-13: U.S. Asphalt Shingle and Coating Materials Apparent
Consumption by Quantity and Average Price per Metric Ton, and Yearover-
Year Percentage Changes, 1999-2008 (in thousand metric tons)
- Components of Trade
- Table 4-14: U.S. Asphalt Shingle & Coating Materials Value of Components
of Trade, 1999-2008 (in millions of dollars)
- Net Shipment Value, Quantity and Price
- Figure 4-15: U.S. Asphalt Shingle & Coating Materials Net Shipment
Value (Shipments Less Exports) and Percent of U.S. Apparent Consumption,
1999-2008 (in billions of dollars)
- Table 4-15: U.S. Asphalt Shingle & Coating Materials Net Shipment
Value (Shipments Less Exports) and Year-over-Year Percentage Changes,
1999-2008 (in millions of dollars)
- Figure 4-16: U.S. Asphalt Paving Mixtures Net Shipments (Shipments
Less Exports) by Quantity and Average Net Shipment Prices per Metric Ton,
1999-2008 (in millions metric tons)
- Table 4-16: U.S. Asphalt Paving Mixtures Net Shipments (Shipments Less
Exports) by Quantity, Average Net Shipment Prices per Metric Ton, and
Year-over-Year Percentage Changes, 1999-2008 (in millions metric tons) ..
- Import Value, Quantity and Prices
- Figure 4-17: U.S. Asphalt Shingle & Coating Materials Import Value and
Percent of U.S. Apparent Consumption, 1999-2008 (in millions of dollars) ..
- Table 4-17: U.S. Asphalt Shingle & Coating Materials Imports Value and
Year-over-Year Percentage Changes, 1999-2008 (in millions of dollars)
- Figure 4-18: U.S. Asphalt Shingle & Coating Materials Imports by
Quantity and Average Import Prices per Metric Ton, 1999-2008 (in thousand
metric tons)
- Table 4-18: U.S. Asphalt Shingle & Coating Materials Imports by
Quantity, Average Import Prices per Metric Ton, and Year-over-Year
Percentage Changes, 1999-2008 (in thousand metric tons)
- Export Value, Quantity and Prices
- Figure 4-19: U.S. Asphalt Shingle & Coating Materials Value of Exports
and Percent of Total U.S. Shipment Value, 1999-2008 (in millions of
dollars)
- Table 4-19: U.S. Asphalt Shingle & Coating Materials Exports and
Yearover- Year percentage Changes, 1999-2008 (in millions of dollars)
- Figure 4-20: U.S. Asphalt Shingle & Coating Materials Exports by
Quantity and Average Export Prices per Metric Ton, 1999-2008 (in thousand
metric tons)
- Table 4-20: U.S. Asphalt Shingle & Coating Materials Exports by
Quantity, Average Export Prices per Metric Ton, and Year-over-Year
Percentage Changes, 1999-2008 (in thousand metric tons)
- Market Forecast
- Asphalt Products Market to Top $38 billion by 2013
- Figure 4-21: U.S. Asphalt Products' Market Forecast by Segment:
Asphalt Paving Mixtures and Shingle and Coating Materials, 2008-2013 (in
billions of dollars)
- Paving Mixtures to Grow at 14% CAGR
- Table 4-21: U.S. Asphalt Products' Market Forecast by Segment and
Yearover- Year Percentage Changes: Asphalt Paving Mixtures and Shingle and
Coating Materials, 2008-2013 (in millions of dollars)
- Figure 4-22: U.S. Asphalt Paving Mixtures Forecast by Quantity and
Average Price per Metric Ton, 2008-2013 (in millions of metric tons)
- Government Spending to Bolster Market
- Table 4-22: U.S. Asphalt Paving Mixtures Forecast by Quantity, Average
Price per Metric Ton, and Year-over-Year Percentage Changes, 2008-2013 (in
millions of metric tons)
- Roofing Products Will Soften in 2009
- Figure 4-23: U.S. Asphalt Shingle and Coating Materials Forecast by
Quantity and Average Price per Metric Ton, 2008-2013 (in millions of metric
tons)
- Slow Improvement by 2013
- Table 4-23: U.S. Asphalt Shingle and Coating Materials Forecast by
Quantity, Average Price per Metric Ton, and Year-over-Year Percentage
Changes, 2008-2013 (in millions of metric tons)
Chapter 5: Competitive Overview
- Introduction
- Competitive Landscape Consists of Three Stages
- Fragmented and Regional Business Landscape
- Figure 5-1: Top 10 U.S. Asphalt Refiners by Production Capacity, 2008
(percentage)
- Marathon Is Largest Refiner with 12% Share of Production Capacity
- Table 5-1: U.S. Asphalt Production Capacity by Company, 2008 (barrels
per day)
- Low Refiner Capacity Utilization
- Figure 5-2: Total Asphalt Refiner Net Production Yield and Excess
Capacity, 1999-2008 (in thousand barrels per day)
- Asphalt Considered Secondary and Low Value
- Change in Perception on the Horizon?
- Producers/Pavers Highly Fragmented
- The U.S. Market Consists of Many Local Mini-Markets
- Regional Supply Shortages
- Asphalt Producer Profiles
- Ergon, Inc.
- Overview
- Performance
- Products
- Table 5-2: Selected Ergon Companies and Brands
- Significant Events
- Marathon Oil Corporation
- Overview
- Performance
- Figure 5-3: Total Marathon Oil Corporation Revenue, 2004-2008 (in
billions of dollars)
- Figure 5-4: Marathon Oil Corporation Total Asphalt Yield and Percent
of Total Refined Product Yield, 2004-2008 (thousand barrels per day)
- Figure 5-5: Marathon Oil Corporation Total Asphalt Sales and Percent
of Total Refined Product Sales, 2004-2008 (thousand barrels per day)
- Products
- Table 5-3: Selected Marathon Asphalt Products
- Significant Events
- NuStar Energy L.P.
- Overview
- Performance
- Figure 5-6: NuStar Energy LP Total Sales by Segment: Product Marketing
versus Service, 2005-2008 (in millions of dollars)
- Figure 5-7: Share of NuStar Energy LP Refining Yield in Thousands of
Barrels per Day by Major Product: Asphalt versus Other (Naptha, Marine
Fuel Oil, etc), Q1-Q3 2008 (percent)
- Products
- Significant Events
- SemMaterials (SemGroup L.P.)
- Overview
- Performance
- Products
- Table 5-4: Selected SemMaterials Products
- Significant Events
- Valero Energy Corporation
- Overview
- Performance
- Figure 5-8: Total Valero Energy Corporation Revenue, 2004-2008 (in
billions of dollars)
- Figure 5-9: Valero Energy Corporation Total Lube & Asphalt Sales and
Percent of Total Refined Product Sales, 2004-2008 (in billions of dollars)
.
- Figure 5-10: Valero Energy Corporation Total Asphalt Yield and Percent
of Total Refined Product Yield, 2004-2008 (thousand barrels per day)
- Products
- Table 5-5: Selected Valero Products
- Significant Events
- Paving Companies
- Oldcastle Materials (Oldcastle Inc./CRH Plc)
- Overview
- Performance
- Figure 5-11: Total Oldcastle Materials Revenue, 2004-2008 (in billions
of dollars)
- Products
- Vulcan Materials Company
- Overview
- Performance
- Figure 5-12: Total Vulcan Materials Revenue, 2004-2008 (in billions of
dollars)
- Figure 5-13: Vulcan Materials' Asphalt Mix and Concrete Revenue and
Asphalt Mix Share of Total Operating Segment, 2004-2008 (in millions of
dollars)
- Figure 5-14: Vulcan Materials Company Asphalt Mix Price and Volume
Performance, 2004-2008 (in dollars and thousand short tons)
- Products
- Significant Events
Chapter 6: Economic & Marketplace Trends
- Economic Crisis Peaks
- Real GDP Growth Projected at Negative 0.8% for 2009
- Figure 6-1: U.S. Current-Dollar GDP vs. Real GDP, 2000-2009 (in
trillions of dollars)
- Inflation Rears Its Ugly Head
- Figure 6-2: Percentage Changes in U.S. Current-Dollar GDP, Real GDP
and the GDP Price Index, 2001-2009 (percentage)
- Economic Future Uncertain
- Asphalt Product Producer Prices Skyrocket
- Figure 6-3: Estimated Share of Total Material Cost, 1999-2008
(percentage)
- Sharp Increase in Liquid Asphalt in 2008
- Figure 6-4: Asphalt Paving Mixture & Block Manufacturing Producer Price
Index and the Asphalt Shingle & Coating Materials Manufacturing Producer
Price Index, 1999-2008 (index)
- By Contrast, Asphalt Roofing Slower Growth
- Figure 6-5: Year-over-Year Percentage Change in Asphalt Paving Mixture
& Block Manufacturing Producer Price Index and the Asphalt Shingle &
Coating Materials Manufacturing Producer Price Index, 1999-2008
(percentage)
- Price Increases by Product
- Paving Products: Mixtures See 17% Gain in 2008
- Figure 6-6: Asphalt Paving Product Manufacturing Producer Price
Indexes: Emulsified Asphalt, Other Liquid Asphalt and Tar Paving
Materials, Asphalt and Tar Paving Mixtures (excluding liquid), 2005-2008
(index)
- Figure 6-7: Year-over-Year Percentage Change in Asphalt Paving Product
Manufacturing Producer Price Indexes: Emulsified Asphalt, Other Liquid
Asphalt and Tar Paving Materials, Asphalt and Tar Paving Mixtures
(excluding liquid), 2006-2008 (percentage)
- Roofing Products See Relatively Modest Price Increases in 2008
- Figure 6-8: Asphalt Roofing Product Manufacturing Producer Price
Indexes: Roofing Asphalts & Pitches, Coatings, and Cements; Prepared
Asphalt & Tar Roofing & Siding Products, 1999-2008 (index)
- Figure 6-9: Year-over-Year Percentage Change in Asphalt Roofing
Product Manufacturing Producer Price Indexes: Roofing Asphalts & Pitches,
Coatings, and Cements; Prepared Asphalt & Tar Roofing & Siding Products,
1999-2008 (percentage)
- Asphalt Input Prices: Crude Up 75%+
- Figure 6-10: Crude Petroleum Price Indexes: Domestic Production and
Imports, 1999-2008 (index)
- Figure 6-11: Year-over-Year Percentage Change in Crude Petroleum Price
Indexes: Domestic Production and Imports, 1999-2008 (percentage)
- Coker Projects May Further Reduce Asphalt Supply
- Pavement Input Prices: Liquid Asphalt and Aggregate Up 7%
- Figure 6-12: Primary Asphalt Pavement Commodity Input Price Indexes:
Asphalt and Construction Aggregates, 1999-2008 (index)
- Figure 6-13: Year-over-Year Percentage Change in Primary Asphalt
Pavement Commodity Input Price Indexes: Asphalt and Construction
Aggregates, 1999-2008 (percentage)
- Other Asphalt Pavement Input Costs
- Figure 6-14: Secondary Asphalt Pavement Commodity Input Price Indexes:
Natural Gas and No. 2 Diesel Fuel, 1999-2008 (index)
- Figure 6-15: Year-over-Year Percentage Change in Asphalt Pavement
Secondary Commodity Input Price Indexes: Natural Gas and No. 2 Diesel
Fuel, 1999-2008 (percentage)
- Concrete Construction Input Prices High
- Figure 6-16: Concrete Construction Primary Commodity Price Indexes:
Portland Cement, Construction Aggregates and Carbon Steel, 1999-2008 (index)
- Figure 6-17: Year-over-Year Percentage Change in Concrete Construction
Primary Commodity Price Indexes: Portland Cement, Construction Aggregates
and Carbon Steel, 1999-2008 (percentage)
- Concrete May Benefit
- Less Road Travel Not Easing Pressure on Aging Roads
- Figure 6-18: Total 12-Month Total Vehicle Distance Traveled versus
Gasoline Producer Price Index, January 1998-August 2008 (billion miles)
- Prices and Supply Jeopardizing Road Maintenance Asphalt Paving Budgets
- Figure 6-19: Monthly Asphalt Prices by Selected State, January 2005-
November 2008 (in dollars)
- Summer Delays and Postponements
- Administrations Get Creative
- Warming Weather Trends Benefit Marketplace
- Weather Disasters Prompt Government Emergency Financial Response
- Asphalt as a Green Industry
- Reclaimed Road Surfaces The Future of Municipal Paving
- RAP Highest Recycling Rate Among Recycled Industrial Products
- Industry Leadership in Use of Other Waste Products
- Table 6-1: Asphalt Industry Recycling' s Report Card versus Other
Industries, 2008
- Labor Shortages and Immigration to Hamper Road Building
- Illegal Immigrants May Not Fill the Ranks
- Industry Unattractive to Younger Work Force
- Warm Mix Asphalt Positioned to Usurp Hot Mix
Chapter 7: End User Markets
- Paving Industry Consumes 93%
- Asphalt Roofing Suffers with Residential Construction Downturn
- Asphalt Roofing No Rebound in Sight
- Paving Has A Friend in Obama
- Figure 7-1: Estimated Share of U.S. Asphalt Consumption by End-User
Market, 2008 (percentage)
- Total Construction Spending Declines
- Figure 7-2: Total U.S. Construction Spending, 2002-2008 (in billions of
dollars)
- Table 7-1: Total U.S. Construction Spending and Year-over-Year Percent
Change, 2002-2008 (in billions of dollars)
- Non-Residential Spending Starts to Slow in 2008
- Figure 7-3: Total Non-Residential Construction Spending and Percent of
Total Construction Spending, 2002-2008 (in billions of dollars)
- Table 7-2: Total U.S. Non-Residential Construction Spending and
Yearover- Year Percent Change, 2002-2008 (in billions of dollars)
- Residential Spending Nosedives
- Figure 7-4: Total Residential Construction Spending and Percent of Total
Construction Spending, 2002-2008 (in billions of dollars)
- Table 7-3: Total U.S. Residential Construction Spending and Year-over-
Year Percent Change, 2002-2008 (in billions of dollars)
- Highway & Street Construction Down from Mid-Decade Growth Rates
- But Growth Curtailed Somewhat by Delays and Other Constraints
- Figure 7-5: Total Highway & Street Construction Spending and Percent
of Total Non-Residential Construction Spending, 2002-2008 (in billions of
dollars)
- Table 7-4: Total Highway & Street Construction Spending and Year-over-
Year Percent Change (in billions of dollars)
- State & Local Pavement Spending at $50 Billion for 2008
- Figure 7-6: Total State & Local Pavement Spending and Percent of Total
Highway & Street Construction Spending, 2002-2008 (in billions of dollars)
175
- Table 7-5: Total State & Local Pavement Spending and Year-over-Year
Percent Change, 2002-2008 (in billions of dollars)
- Figure 7-7: Share of U.S. State & Local Highway & Street Construction
Spending by Type of Construction, 2007 (percentage)
- Federal Spending and SAFETEA-LU
- Figure 7-8: Safe, Accountable, Flexible, Efficient Transportation
Equity Act: A Legacy for Users (SAFETEA-LU) Total Highway Spending
(Excluding Transportation Research), 2005-2009 (in billions of dollars)
- Table 7-6: Safe, Accountable, Flexible, Efficient Transportation
Equity Act: A Legacy for Users (SAFETEA-LU) Total Highway Spending
(Excluding Transportation Research) and Year-over-Year Percent Change,
2005-2009 (in billions of dollars)
- New Administration Could Mean Boon for Asphalt
- Non-Residential Pavement Contractor Revenue Affected by Price
Fluctuations
- Figure 7-9: Total Non-Residential Pavement Contractor Revenues and
Percent of Total Highway & Street Construction Spending, 2002-2008 (in
billions of dollars)
- Table 7-7: Total Non-Residential Pavement Contractor Revenues and
Year-over Year Percent Change, 2002-2008 (in billions of dollars)
- “Residential” Pavement Contractor Revenue Arcs Downward
- Figure 7-10: Estimated Total “Residential” Pavement
Contractor Revenues and Percent of Total Highway & Street Construction
Spending, 2002-2008 (in billions of dollars)
- Table 7-8: Total “Residential” Pavement Contractor Revenues
and Yearover- Year Percent Change, 2002-2008 (in billions of dollars)
- Roofing Contractor Revenues Decline 16% in 2008
- Figure 7-11: Total Roofing Contractor Revenues and Percent of Total
Construction Spending, 2002-2008 (in billions of dollars)
- Table 7-9: Total Roofing Contractor Revenues and Year-over-Year Percent
Change, 2002-2008 (in billions of dollars)
Appendix: Selected Corporate Addresses
Appendix: Selected Associations Addresses
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Related Report
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