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Asphalt Manufacturing in Maine

Author.Name IBISWorld United States Last Updated: April 2025 NAICS ME32412

Asphalt Manufacturing in Maine industry analysis

The Asphalt Manufacturing industry in Maine is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments increased an annualized x.x% to xx locations. Industry employment has increased an annualized x.x% to xxx workers, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, the industry is expected to grow an annualized x.x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to stagnate x% to xx locations. Industry employment is expected to increase an annualized x.x% to xxx workers, while industry wages are forecast to increase x% to $x.x million.

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About the Asphalt Manufacturing in Maine Market Research Report

What’s Included in the Asphalt Manufacturing in Maine Market Research Report

Definition of the Asphalt Manufacturing in Maine?

Industry businesses manufacture paving and roofing materials, including asphalt and tar-paving mixtures and blocks, shingles, roofing cement and coatings. These products are produced from purchased asphaltic materials, paper mats and felts. Producers don't refine the crude petroleum or produce the paper mats and felts that comprise industry products. Companies that conduct such services are included in the Petroleum Refining (IBISWorld report 32411) and Paper Mills (32212) industries.

What’s included in the Asphalt Manufacturing in Maine?

The Asphalt Manufacturing in Maine includes asphalt paving block manufacturing, asphalt paving mixtures manufacturing, asphalt road compounds manufacturing, coal tar paving materials manufacturing, asphalt roofing coatings and cement manufacturing, asphalt shingle, board and mat manufacturing, asphalt sheathing and siding manufacturing, tar paper manufacturing and tar roofing cement and coating manufacturing. Related terms covered in the Asphalt Manufacturing in Maine industry report includes a viscous, semisolid byproduct of oil refining. also known as bitumen, a mixture of asphalt and aggregates used to construct and maintain roads, crushed stone, gravel or sand; aggregates usually comprise between 90.0% and 95.0% of paving asphalt, shingles that are manufactured from saturated roofing felts and coated with asphalt to protect from weather exposure, horizontal or nearly horizontal roofs, as opposed to more sloped roofs. commonly covered in asphalt or tar-coated shingles, most used paving asphalt mixture, which is typically heated to high temperatures and laid on a roadbed to dry, paving asphalt that is diluted with wax, water or other liquids and doesn't require as high temperatures when being laid on a roadbed and recycled asphalt that can be used as a low-cost input for asphalt manufacturers.

Industry Performance of the Asphalt Manufacturing industry in Maine

Benchmark the Asphalt Manufacturing in Maine industry performance with all ME county and national performance.

Asphalt Manufacturing in Maine

#35 in Highest Revenue 0.5% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Asphalt Manufacturing in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Asphalt Manufacturing industry in Maine

See how key industry drivers, such as are impacting Asphalt Manufacturing in Maine

Maine Economic Indicators

Population
Total Jobs

View more economic information in ME State Economic profile

US Key External Drivers

Government funding for highways
Value of private nonresidential construction
Price of cement

For the full list of industry drivers, see report purchase options.

County Data of the Asphalt Manufacturing industry in Maine

Access proprietary data on county in the Asphalt Manufacturing in Maine, such as York County, Penobscot County and Androscoggin County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Asphalt Manufacturing industry in Maine

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Asphalt Manufacturing industry in Maine in 2025?

The market size of the Asphalt Manufacturing industry in Maine is $174.7m in 2025.

How many businesses are there in the Asphalt Manufacturing industry in Maine in 2025?

There are 19 businesses in the Asphalt Manufacturing industry in Maine, which has been growing at an average annual rate of 1.1% from 2020 to 2025.

Has the Asphalt Manufacturing industry in Maine grown or declined over the past 5 years?

The market size of the Asphalt Manufacturing industry in Maine has been growing at an average annual rate of 6.6% from 2020 to 2025.

How many employees in the Asphalt Manufacturing industry in Maine in 2025?

There are 191 employees in the Asphalt Manufacturing industry in Maine, which has been growing at an average annual rate of 0.7% from 2020 to 2025.