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This concrete pavement analyst examines market trends, life-cycle costs, and the potential for concrete parking lots. It compares concrete and asphalt, providing insights and data for informed decision-making.
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Concrete Pavement Analyst1 ADTT / 2.25 SN $36.90 $33.12 $30.69 $30.78
Project A750,000 ft2 / 600 ADTT / 4.0 SN $43.92 $33.93
Project B75,000 ft2 / 50 ADTT / 3.25 SN $36.99 $32.22
Project C35,000 ft2 / 25 ADTT $34.07 $32.90 $30.08 3.5 SN 3.45 SN 3.96 SN
Shift in Market Trend – Initial Paving & Life-Cycle Costs* Concrete / Asphalt Comparison 2003 – 2008 *Estimated for 100,000 ft2 parking lot
Shift in Market Trend – Initial Paving & Life-Cycle Costs* Concrete / Asphalt Comparison 2008 – 2013 *Estimated for 100,000 ft2 parking lot 5% annual increase for concrete / 20% annual increase for asphalt
Annual Potential for Concrete Parking Lots* • Concrete potential yearly: 88 M. CY concrete • Concrete parking lot market share in 2005: 9.1% (new construction) • Concrete parking lot market share in 2006: 9.6% • Concrete parking lot market share in 2007: 9.7% (preliminary estimate) *According to Portland Cement Association and Reed Construction Data
Current market share 9.6% • 260,190,000 ft2 • 4.8 million yd3* • 10% gain in parking areas equals • 9.98% market share • 286,380,000 ft2 • 5.3 million yd3* *Based on 6” thick concrete pavement
Current market share 9.6% • 260,190,000 ft2 • 4.8 million yd3* • 10% gain in market share equals • 19.6% market share • 562,520,000 ft2 • 10.4 million yd3* *Based on 6” thick concrete pavement