ASPHALT TECHNOLOGY ASSESSMENT, MAY 2016
Many factors determine market share and its movement. Based on previous research, cost effectiveness of asphalt versus concrete plays an important role in the material paving decision. To this end, PCA estimates the initial bid and life cycle bid for both asphalt and concrete paved roads that are designed for urban use.
Some have suggested that new asphalt mixes and processes may reduce asphalt paving costs. The asphalt industry has put forth several products aimed at alleviating the high material costs of traditional hot-mix asphalt (HMA). Two in particular are rubberized asphalt and warm-mix asphalt (WMA). These materials exhibit several benefits over traditional HMA, including cost. They are worth tracking as both could pose a more intense competitive threat to concrete pavement.