Paving Volume Increases Confirmed by Oman Data
Oman paving volume shares finished strong in 2014, closing out the fourth quarter with a share of 18.2 percent. Oman shares serve as an indicator for concrete paving market share. This represents a large increase compared to the third quarter’s share of 10.6 percent. The fourth quarter bump brought the 2014 year-end share to 15.3 percent, an improvement from 14.8 percent in 2013. Total concrete pavement volume for state highway projects is up 5.3 percent from 2013, while asphalt in this market only increased 1.3 percent.
Source: Portland Cement Association
National Ready Mixed Concrete Association