The asia-Pacific roads and highways infrastructure construction market size is projected to be USD 0.92 trillion in 2025, USD 0.98 trillion in 2026, and reach USD 1.37 trillion by 2031, growing at a CAGR of 6.93% from 2026 to 2031. This report is Segmented by Component (Road, Bridges/Overpass, Tunnels, and Others), Construction Type (New Construction and Renovation), Investment Source (Public, Private, and Public-Private Partnership), Type (National, State, and Local), and Country (China, Japan, India, Australia, and More). The Market Forecasts are Provided in Terms of Value (USD).
Bridges/overpasses are set to grow at a 7.80% CAGR through 2031, making them the fastest-growing component group. This rise comes from a mix of new corridor bridges in Southeast Asia and large renewal programs in Japan, South Korea, and Australia. Japan’s Ministry of Land, Infrastructure, Transport and Tourism operates a statutory inspection cycle for more than 730,000 road bridges, and 70% of them are on municipal roads where deterioration risk is most acute. Japan’s expressway operators also allocated 70% of a USD 27 billion budget for highway structure renewal to bridge rehabilitation, with bridge deck replacement alone accounting for 60% of total spending. That shift shows that the Asia-Pacific roads and highways infrastructure construction market is moving toward more engineering-intensive work, even as road building still accounts for the largest share of value.
New construction accounted for 78.60% of the Asia-Pacific roads and highways infrastructure construction market in 2025, which reflects the region’s continued focus on greenfield corridors and controlled-access expressways. India’s Bharatmala Pariyojana Phase 1 continues to support this flow through economic corridors, ring roads, and port connectivity projects delivered across build-operate-transfer, hybrid annuity, and engineering-procurement-construction models. Vietnam also crossed 3,800 km of built expressways during the 2021-2025 period, exceeding the 3,000 km national target and demonstrating that the government maintained momentum in new corridor development. These programs retained the largest share of new infrastructure assets because many parts of the Asia-Pacific still need first-round network expansion before they fully shift to mature renewal cycles.
Renovation is forecast to grow at a 7.20% CAGR through 2031, faster than the pace of new construction. That increase follows the aging profile of roads and related assets built during earlier infrastructure booms in Japan, Australia, and South Korea. It also reflects a practical choice in Southeast Asia, where widening and upgrading existing routes can sometimes meet freight and logistics needs more quickly than securing new alignments. This split between current value and future growth is important because it favors contractors that can manage resurfacing, widening, bridge replacement, and structural repair alongside traditional greenfield work. For the Asia-Pacific roads and highways infrastructure construction market, the balance is no longer only about adding kilometers, but also about extending the useful life of assets already in service.
Asia-Pacific Roads and Highways Infrastructure Construction Market Trends and Insights
Accelerated National Highway Expansion Programs Drive Infrastructure Investment
National highway programs are now moving at a stronger execution pace across major Asia-Pacific economies. India identified a 13,400 km public-private partnership pipeline valued at USD 98.3 billion for development over the next 3 years, while the Ministry of Road Transport and Highways budget for fiscal 2026-27 reached USD 34.8 billion, up from USD 32.2 billion in fiscal 2025-26. China also committed USD 112 billion to support 1,417 major projects under its 2026 Two Priorities program, with transport infrastructure among the central allocations. As route density improves, more feeder links and connector roads become financially viable, extending future project pipelines beyond the current list of headline corridors. This keeps the Asia-Pacific roads and highways infrastructure construction market closely tied to long-range transport agendas rather than short-cycle spending alone.Rising Public Capital Allocation Supports Transport Corridor Development
Public funding still sets the tone for most road and highway construction decisions across the region. China reported transportation fixed-asset investment of USD 550.5 billion in 2025, indicating that transport remains a major policy tool even as other parts of the economy remain under pressure. Australia also maintained a large multi-year pipeline, with USD 9.6 billion committed to state infrastructure projects in fiscal 2025-26 and a rolling 10-year program above USD 75.6 billion. In India, the National Highways Authority of India spent USD 29.0 billion in fiscal 2025-26, and part of that funding came from its own resources rather than only from direct budget support. That shift matters because it expands the Asia-Pacific roads and highways infrastructure construction market by broadening the financing base to include sovereign budgets, debt, and asset recycling.Right-of-Way Acquisition Delays Slow Infrastructure Project Execution
Land acquisition remains one of the clearest execution barriers across the Asia-Pacific roads and highways infrastructure construction market. In India, 489 road projects scheduled for completion by March 2025 remained unfinished as of July 2025, with land acquisition, forest clearance, wildlife clearance, and railway approvals cited as the main reasons for the delays. In the Philippines, the signing of the Accelerated and Reformed Right-of-Way law in September 2025 underscored how serious this bottleneck had become for official development assistance-backed infrastructure projects. Delays are often hardest to solve in peri-urban and rural corridors, where social resistance is stronger and local delivery capacity is weaker than at the national policy level. This is why construction awards can rise faster than physical progress in the Asia-Pacific roads and highways infrastructure construction market.Other drivers and restraints analyzed in the detailed report include:
- Urban Congestion Relief Projects Increase Bypass Road Construction
- Freight Corridor Modernization Strengthens Regional Logistics Networks
- Bitumen, Steel, and Fuel Price Volatility Increases Construction Costs
Segment Analysis
Road works held a 71.50% share of the Asia-Pacific roads and highways infrastructure construction market in 2025, keeping this segment clearly ahead of bridges, tunnels, and other asset classes. The lead position reflects the region’s long-running need for earthworks, pavement construction, drainage, and related civil work across major highway and feeder road systems. China remained central to that pattern, with its highway mileage exceeding 5.5 million km in 2025 and still leaving room for more secondary and rural feeder road construction in western and central provinces. The largest share, therefore, stayed with standard road building because network coverage needs still outweigh the value of more specialized structures in most national programs.Bridges/overpasses are set to grow at a 7.80% CAGR through 2031, making them the fastest-growing component group. This rise comes from a mix of new corridor bridges in Southeast Asia and large renewal programs in Japan, South Korea, and Australia. Japan’s Ministry of Land, Infrastructure, Transport and Tourism operates a statutory inspection cycle for more than 730,000 road bridges, and 70% of them are on municipal roads where deterioration risk is most acute. Japan’s expressway operators also allocated 70% of a USD 27 billion budget for highway structure renewal to bridge rehabilitation, with bridge deck replacement alone accounting for 60% of total spending. That shift shows that the Asia-Pacific roads and highways infrastructure construction market is moving toward more engineering-intensive work, even as road building still accounts for the largest share of value.
New construction accounted for 78.60% of the Asia-Pacific roads and highways infrastructure construction market in 2025, which reflects the region’s continued focus on greenfield corridors and controlled-access expressways. India’s Bharatmala Pariyojana Phase 1 continues to support this flow through economic corridors, ring roads, and port connectivity projects delivered across build-operate-transfer, hybrid annuity, and engineering-procurement-construction models. Vietnam also crossed 3,800 km of built expressways during the 2021-2025 period, exceeding the 3,000 km national target and demonstrating that the government maintained momentum in new corridor development. These programs retained the largest share of new infrastructure assets because many parts of the Asia-Pacific still need first-round network expansion before they fully shift to mature renewal cycles.
Renovation is forecast to grow at a 7.20% CAGR through 2031, faster than the pace of new construction. That increase follows the aging profile of roads and related assets built during earlier infrastructure booms in Japan, Australia, and South Korea. It also reflects a practical choice in Southeast Asia, where widening and upgrading existing routes can sometimes meet freight and logistics needs more quickly than securing new alignments. This split between current value and future growth is important because it favors contractors that can manage resurfacing, widening, bridge replacement, and structural repair alongside traditional greenfield work. For the Asia-Pacific roads and highways infrastructure construction market, the balance is no longer only about adding kilometers, but also about extending the useful life of assets already in service.
Complete Report Scope:
- By Component
- Road
- Bridges/Overpass
- Tunnels
- Others
- By Construction Type
- New Construction
- Renovation
- By Investment Source
- Public
- Private
- Public-Private Partnership
- By Type
- National
- State
- Local
- By Country
- China
- Japan
- India
- Australia
- Rest of Asia-Pacific
List of Companies Covered in this Report:
- China Communications Construction Company Limited
- China Railway Group Limited
- China State Construction Engineering Corporation Limited
- Larsen & Toubro Limited
- Hyundai Engineering & Construction Co., Ltd.
- Gamuda Berhad
- HOCHTIEF AG
- VINCI Construction
- China Railway Construction Corporation Limited
- Penta-Ocean Construction Co., Ltd.
- Obayashi Corporation
- Kajima Corporation
- Shimizu Corporation
- Taisei Corporation
- Maeda Corporation
- Sinohydro Corporation Limited
- Tata Projects Limited
- PT Wijaya Karya (Persero) Tbk
- PT PP (Persero) Tbk
- HEB Construction
Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
Table of Contents
1 Introduction
4 Market Landscape
5 Market Size & Growth Forecasts (Value, USD)
6 Competitive Landscape
7 Market Opportunities & Future Outlook
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- China Communications Construction Company Limited
- China Railway Group Limited
- China State Construction Engineering Corporation Limited
- Larsen & Toubro Limited
- Hyundai Engineering & Construction Co., Ltd.
- Gamuda Berhad
- HOCHTIEF AG
- VINCI Construction
- China Railway Construction Corporation Limited
- Penta-Ocean Construction Co., Ltd.
- Obayashi Corporation
- Kajima Corporation
- Shimizu Corporation
- Taisei Corporation
- Maeda Corporation
- Sinohydro Corporation Limited
- Tata Projects Limited
- PT Wijaya Karya (Persero) Tbk
- PT PP (Persero) Tbk
- HEB Construction
