It may be hard to believe, but asphalt is the most recycled material on Earth. Asphalt is a refined solid-state petroleum made from distilling crude oil and is used in creating shingles, roadwats, parking lots, and many other things we see in our daily lives. Recycling asphalt in construction projects benefits everyone and saves taxpayers billions of dollars! The asphalt recovery market is booming, let’s take a closer look.
Recycling asphalt saves taxpayers more than $1.8 billion and prevents 11 tons of waste from entering landfills. When recycling shingles and asphalt used in roadways, the US becomes less dependent on foreign oil sources which saves the country billions. Dependence costs in 2014 alone ran up to $116 billion! Recycling cuts processing cuts to only $25 per batch which means that producers are spending less money in creating asphalt and customers are paying less for that recycled material.
Overall, recycling asphalt is beneficial for the planet, the country, and individual customers who need asphalt to shingle their homes. The asphalt economy is booming, learn more about it in the infographic below: