The Future of Paving: Trends and Predictions in the Industry

As the world continues to modernize and become more interconnected, connected pieces of construction, such as paved roads, parking lots, and sidewalks, have shifted from being a luxury to a basic necessity. This change has led to significant growth in the asphalt paving industry over the past several decades.

Based on current data, this pattern of industry growth is predicted to continue. Read below for some of the most significant trends and predictions we have identified that offer insight into the future of the paving market.

Continued Growth in Market Size

A recent report estimated that the worldwide asphalt pavers market was worth $2.4 billion in 2024. Given the ever-increasing global demand for new and improved roads, the compound annual growth rate for the paving market is expected to remain near five percent over the next five years. In 2029, the asphalt pavers market may be valued at $6.9 billion, and further increases are predicted for the industry in the years to follow.

Increased Demand for Tracked Paving Machines

A notable trend in the worldwide asphalt paving industry is the shift away from wheeled to tracked paving machines. The primary factor driving this change is an increased international focus on paving roads for vehicular traffic and other projects that require large mix-delivery vehicles to cover wide areas simultaneously. Paving machines with tracks are much better suited to this market demand than those with wheels.

Advancements in Asphalt Recycling

The use of recycled asphalt pavement (RAP) is expected to transition from a cutting-edge industry advancement to a standard part of many new paving projects. Ongoing research into RAP has led to substantial improvements in how efficiently this material is collected, strengthened, and applied. Additionally, there is a growing trend toward closed-loop recycling operations that can recycle and relay asphalt all in one place.

Wider Spread of Smart Roads

In the next few years, smart roads with embedded sensors that detect traffic loads and automatically identify problems are likely to become increasingly common. The paving industry is also predicted to increase its use of other advanced technologies, such as self-healing asphalt. This is most likely to occur in areas like the United States, where massive infrastructure refurbishment projects are anticipated.

Contact a Team That Understands the Future of Paving

As the asphalt and paving market continues to grow and change, Integrity Paving & Coatings remains dedicated to providing the high-quality paving and repair services you need right now. We offer area-leading value, communication, and logistics at every stage of your project. Call us today to discuss your options.