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Asphalt Manufacturing in Michigan

Author.Name IBISWorld United States Last Updated: August 2025 NAICS MI32412

Asphalt Manufacturing in Michigan industry analysis

The Asphalt Manufacturing industry in Michigan is expected to grow an annualized 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 stagnated an annualized x% to xx locations. Industry employment has decreased an annualized -x.x% to xxx workers, while industry wages have increased 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 Michigan Market Research Report

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

Definition of the Asphalt Manufacturing in Michigan?

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 Michigan?

The Asphalt Manufacturing in Michigan 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 Michigan 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 Michigan

Benchmark the Asphalt Manufacturing in Michigan industry performance with all MI county and national performance.

Asphalt Manufacturing in Michigan

#24 in Highest Revenue 1.4% 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 Michigan

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

Michigan Economic Indicators

Population
Net Migration

View more economic information in MI 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 Michigan

Access proprietary data on county in the Asphalt Manufacturing in Michigan, such as Wayne County, Oakland County and Kent County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Asphalt Manufacturing industry in Michigan

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 Michigan in 2025?

The market size of the Asphalt Manufacturing industry in Michigan is $531.3m in 2025.

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

There are 33 businesses in the Asphalt Manufacturing industry in Michigan, which has been declining at an average annual rate of 0.0% from 2020 to 2025.

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

The market size of the Asphalt Manufacturing industry in Michigan has been growing at an average annual rate of 3.0% from 2020 to 2025.

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

There are 353 employees in the Asphalt Manufacturing industry in Michigan, which has been declining at an average annual rate of -0.2% from 2020 to 2025.