Major Group SIC 2951 - Asphalt Paving Mixtures And Blocks

SIC 2951 - Asphalt Paving Mixtures And Blocks

SIC 29 - Petroleum Refining And Related Industries
SIC 01 - Agricultural Production Crops SIC 02 - Agricultural Production Livestock And Animal Specialties SIC 07 - Agricultural Services SIC 08 - Forestry SIC 09 - Fishing, Hunting, And Trapping SIC 10 - Metal Mining SIC 12 - Coal Mining SIC 13 - Oil And Gas Extraction SIC 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels SIC 15 - Building Construction General Contractors And Operative Builders SIC 16 - Heavy Construction Other Than Building Construction Contractors SIC 17 - Construction Special Trade Contractors SIC 20 - Food And Kindred Products SIC 21 - Tobacco Products SIC 22 - Textile Mill Products SIC 23 - Apparel And Other Finished Products Made From Fabrics And Similar Materials SIC 24 - Lumber And Wood Products, Except Furniture SIC 25 - Furniture And Fixtures SIC 26 - Paper And Allied Products SIC 27 - Printing, Publishing, And Allied Industries SIC 28 - Chemicals And Allied Products SIC 29 - Petroleum Refining And Related Industries SIC 30 - Rubber And Miscellaneous Plastics Products SIC 31 - Leather And Leather Products SIC 32 - Stone, Clay, Glass, And Concrete Products SIC 33 - Primary Metal Industries SIC 34 - Fabricated Metal Products, Except Machinery And Transportation Equipment SIC 35 - Industrial And Commercial Machinery And Computer Equipment SIC 36 - Electronic And Other Electrical Equipment And Components, Except Computer Equipment SIC 37 - Transportation Equipment SIC 38 - Measuring, Analyzing, And Controlling Instruments Photographic, Medical And Optical Good SIC 39 - Miscellaneous Manufacturing Industries SIC 40 - Railroad Transportation SIC 41 - Local And Suburban Transit And Interurban Highway Passenger Transportation SIC 42 - Motor Freight Transportation And Warehousing SIC 44 - Water Transportation SIC 45 - Transportation By Air SIC 46 - Pipelines, Except Natural Gas SIC 47 - Transportation Services SIC 48 - Communications SIC 49 - Electric, Gas, And Sanitary Services SIC 50 - Wholesale Trade-durable Goods SIC 51 - Wholesale Trade-non-durable Goods SIC 52 - Building Materials, Hardware, Garden Supply, And Mobile Home Dealers SIC 53 - General Merchandise Stores SIC 54 - Food Stores SIC 55 - Automotive Dealers And Gasoline Service Stations SIC 56 - Apparel And Accessory Stores SIC 57 - Home Furniture, Furnishings, And Equipment Stores SIC 58 - Eating And Drinking Places SIC 59 - Miscellaneous Retail SIC 60 - Depository Institutions SIC 61 - Non-depository Credit Institutions SIC 62 - Security And Commodity Brokers, Dealers, Exchanges, And Services SIC 63 - Insurance Carriers SIC 64 - Insurance Agents, Brokers, And Service SIC 65 - Real Estate SIC 67 - Holding And Other Investment Offices SIC 70 - Hotels, Rooming Houses, Camps, And Other Lodging Places SIC 72 - Personal Services SIC 73 - Business Services SIC 75 - Automotive Repair, Services, And Parking SIC 76 - Miscellaneous Repair Services SIC 78 - Motion Pictures SIC 79 - Amusement And Recreation Services SIC 80 - Health Services SIC 81 - Legal Services SIC 82 - Educational Services SIC 83 - Social Services SIC 84 - Museums, Art Galleries, And Botanical And Zoological Gardens SIC 86 - Membership Organizations or Unions And Similar Labor Organizations SIC 87 - Engineering, Accounting, Research, Management, And Related Services SIC 89 - Services, Not Elsewhere Classified SIC 96 - Administration Of Economic Programs
- SIC 295 - Asphalt Paving And Roofing Materials
  SIC 291 - Petroleum Refining SIC 295 - Asphalt Paving And Roofing Materials SIC 299 - Miscellaneous Products Of Petroleum And Coal
  - SIC 2951 - Asphalt Paving Mixtures And Blocks
    SIC 2951 - Asphalt Paving Mixtures And Blocks SIC 2952 - Asphalt Felts And Coatings

Establishments primarily engaged in manufacturing asphalt and tar paving mixtures; and paving blocks made of asphalt and various compositions of asphalt or tar with other materials. Establishments primarily engaged in manufacturing brick, concrete, granite, and stone paving blocks are classified in Major Group 32.

Industry trends:

In the NAICS 2951 industry, which covers Asphalt Paving Mixtures and Blocks, several qualitative trends and forecasts are emerging. One significant trend is the increasing demand for sustainable and eco-friendly asphalt paving solutions. Companies in this sector are investing in developing recycled asphalt pavement (RAP) and warm-mix asphalt (WMA) technologies. These innovations contribute to reducing carbon emissions and conserving natural resources, addressing the growing environmental concerns among consumers and regulatory bodies.Another trend is the integration of smart technology and IoT (Internet of Things) in paving operations. Advanced equipment and real-time data analytics are being used to enhance the precision and quality of pavement projects. This technological integration is expected to improve efficiency and reduce costs over time.Moreover, the industry is witnessing a shift towards greater use of polymer-modified asphalts, which offer superior performance and durability compared to traditional materials. This transition is driven by the need for longer-lasting and more resilient infrastructure that can withstand extreme weather conditions and heavy traffic.Looking ahead, the market for asphalt paving mixtures and blocks is forecasted to experience steady growth, supported by significant infrastructure investments by governments worldwide. The emphasis on rehabilitating and expanding road networks in both developed and developing regions will continue to propel demand in the near future. Companies that adopt sustainable practices and innovative technologies are likely to gain a competitive edge in this evolving landscape.

This industry is comprised of:

Asphalt and asphaltic mixtures for paving, not made in refineries

Asphalt paving blocks, not made in petroleum refineries

Asphaltic concrete, not made in petroleum refineries

Coal tar paving materials, not made in petroleum refineries

Composition blocks for paving

Concrete, bituminous

Mastic floor composition, hot and cold

Road materials, bituminous: not made in petroleum refineries

Tar and asphalt mixtures for paving, not made in petroleum refineries

Explore related industries:

SIC 1459 - Clay, Ceramic, And Refractory Minerals, Not Elsewhere Classified SIC 3271 - Concrete Block And Brick SIC 5032 - Brick, Stone, And Related Construction Materials

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