The Global Recycled Asphalt Market was valued at USD 4.1 Billion in 2023 and is projected to reach USD 6.2 Billion by 2029, growing at a Compound Annual Growth Rate (CAGR) of 6.8% during the forecast period (2024–2029). This robust growth is driven by stringent government regulations promoting sustainable construction, rising investments in road maintenance and infrastructure development, and the significant cost and environmental advantages of using Recycled Asphalt Pavement (RAP) over virgin materials.

As the global construction industry accelerates its shift toward circular economy principles, the demand for durable, affordable, and eco-friendly paving solutions has never been higher. In this blog, we profile the Top 10 Companies in the Recycled Asphalt Industry—a diverse mix of materials giants, specialized paving contractors, and recycling innovators who are reshaping the future of global infrastructure.

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🔟 1. CertainTeed (Saint-Gobain)

Headquarters: Malvern, Pennsylvania, USA
Key Offering: Asphalt Shingles, Roofing Products, and Post-Consumer Recycled Asphalt Materials

CertainTeed, a subsidiary of the global building materials leader Saint-Gobain, is a major force in asphalt shingle manufacturing and recycling. The company operates dedicated recycling programs that reprocess old shingles into new asphalt products and road construction materials, contributing significantly to waste reduction.

Sustainability Initiatives:

• Shingle waste recycling partnerships with contractors and municipalities

• Development of asphalt mixtures with high RAP content

• Commitment to circular manufacturing processes

Download FREE Sample Report:
Recycled Asphalt Market – View in Detailed Research Report

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9️⃣ 2. GAF Materials Corporation

Headquarters: Parsippany, New Jersey, USA
Key Offering: Residential and Commercial Roofing, Recycled Asphalt Shingles (RAS)

GAF is North America’s largest roofing manufacturer and a pioneer in asphalt shingle recycling. Through its GAF Community Matters initiative and partnership with recycling facilities, the company diverts millions of tons of shingle waste from landfills annually, converting it into valuable RAP for roads.

Sustainability Initiatives:

• National network of shingle recycling collection points

• Investment in technologies to increase RAS incorporation rates in new pavements

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8️⃣ 3. Oldcastle Materials (CRH plc)

Headquarters: Atlanta, Georgia, USA
Key Offering: Hot Mix Asphalt, Construction Aggregates, Asphalt Paving Services with RAP

Oldcastle Materials, a CRH company, is one of the leading asphalt producers and pavement contractors in North America. The company has extensive experience in producing high-quality hot mix asphalt containing recycled materials, serving public and private infrastructure projects.

Sustainability Initiatives:

• Widespread use of RAP in asphalt production across its plants

• Promotion of warm-mix asphalt technologies to reduce energy consumption

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7️⃣ 4. Owens Corning

Headquarters: Toledo, Ohio, USA
Key Offering: Asphalt Shingles, Roofing Systems, and Recycled Asphalt Products

Owens Corning is a global leader in insulation, roofing, and fiberglass composites. Its roofing and asphalt division is heavily involved in shingle recycling, supporting the transformation of tear-off shingles into pavement aggregates and other construction materials.

Sustainability Initiatives:

• Shingle recycling programs that reduce landfill use

• Product innovation focused on durability and recyclability

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6️⃣ 5. Sinopec

Headquarters: Beijing, China
Key Offering: Bitumen, Asphalt Binders, Road Construction Materials

As one of the world’s largest petroleum and chemical companies, Sinopec is a key supplier of bitumen, the essential binder in asphalt. The company is increasingly involved in developing and promoting technologies for recycling asphalt pavements, particularly in the massive Chinese infrastructure market.

Sustainability Initiatives:

• Research into modified bitumen for high-RAP mixes

• Support for national green construction policies in China

Download FREE Sample Report:
Recycled Asphalt Market – View in Detailed Research Report

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5️⃣ 6. Shell Bitumen

Headquarters: London, United Kingdom
Key Offering: Bitumen Binders, Specialty Asphalt Products, Technical Services for Recycling

Shell Bitumen provides advanced bitumen solutions globally, with a strong focus on enhancing the performance of recycled asphalt. TheirShell Bitumen FreshAir, and other specialized binders are designed to allow higher percentages of RAP to be used without compromising pavement quality.

Sustainability Initiatives:

• Development of rejuvenators and additives to restore aged RAP binder

• Global technical support for sustainable pavement design

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4️⃣ 7. Cherry Companies

Headquarters: Houston, Texas, USA
Key Offering: Recycled Asphalt Pavement (RAP), Crushed Concrete, Aggregate Materials

Cherry Companies is a leading recycler of construction and demolition materials in the Southern United States. The company operates large-scale recycling facilities that process concrete and asphalt rubble into high-quality RAP and other aggregates for the construction industry.

Sustainability Initiatives:

• Diverting over 1 million tons of construction debris from landfills annually

• Production of certified RAP for use in state DOT projects

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3️⃣ 8. Lone Star Paving

Headquarters: Austin, Texas, USA
Key Offering: Full-Service Asphalt Paving, Milling, and Recycling Services

Lone Star Paving is a prominent regional paving contractor specializing in asphalt recycling. The company offers in-place recycling techniques like cold planning and full-depth reclamation, which rehabilitate existing roads while reusing 100% of the old pavement material.

Sustainability Initiatives:

• Expertise in cold-in-place and hot-in-place recycling methods

• Reduction of trucking and material costs through on-site recycling

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2️⃣ 9. Bodean Company

Headquarters: Boise, Idaho, USA
Key Offering: Asphalt Production, Paving, and Aggregate Recycling

Bodean Company is a well-established asphalt producer and paver in the Northwestern U.S., known for its commitment to recycling. The company operates asphalt plants capable of producing mixes with high RAP content and provides recycled aggregate materials for various construction applications.

Sustainability Initiatives:

• High-volume RAP processing and incorporation

• Active participation in state-level recycling advocacy groups

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1️⃣ 10. Wirtgen Group (John Deere)

Headquarters: Windhagen, Germany
Key Offering: Cold Milling Machines, Recyclers, and Soil Stabilizers for Asphalt Recycling

The Wirtgen Group, part of John Deere, is the world’s leading manufacturer of machinery for asphalt recycling. Their cold milling machines and cold recyclers are essential for removing old pavement and reprocessing it on-site, making them enablers for the entire recycled asphalt industry.

Sustainability Initiatives:

• Pioneering machinery for efficient in-situ recycling

• Technology that reduces energy use and emissions during pavement rehabilitation

Get Full Report Here:
Recycled Asphalt Market – View in Detailed Research Report

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🌍 Outlook: The Future of Recycled Asphalt is Circular and High-Tech

The recycled asphalt market is undergoing a profound transformation. While traditional methods of using RAP in base courses remain common, the industry is rapidly advancing toward higher-value applications and more sophisticated recycling techniques that close the material loop completely.

📈 Key Trends Shaping the Market:

• Increasing RAP utilization rates in surface courses, driven by improved binder rejuvenators

• Government mandates and green building codes requiring recycled content in public works projects

• Adoption of advanced in-place recycling technologies that minimize transportation and virgin material use

• Growing focus on recycling asphalt shingles (RAS) to address construction and demolition waste

Get Full Report Here:
Recycled Asphalt Market – View in Detailed Research Report

The companies profiled above are not just supplying materials—they are building the foundation for a more sustainable and resilient infrastructure ecosystem worldwide.