Understanding the Asphalt Economy for the Roofing Industry
Understanding the Asphalt Economy for the Roofing Industry
Abstract
Asphalt is the most recycled material on Earth and can be used for roadways, parking lots, roof shingles, and more. In 2019, the U.S. produced 420 million tons of asphalt, housed more than 3,600 asphalt production sites, and owned 36 billion barrels of bitumen deposits. The asphalt recycling industry has both environmental and financial benefits. The asphalt recovery market is a $7.1 billion industry. Recycled asphalt saves American taxpayers $1.8 billion.
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