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The three most common types of asphalt are hot asphalt, MC cold mix, and UPM asphalt. Hot asphalt is used most often for paving and patching roadways while it’s hot and workable. MC cold mix asphalt cures more slowly than hot asphalt, but it can be used for temporary patches and repairs in low-traffic areas. UPM is also used cold, but it can be used as a longer-term fix, usable in almost any conditions at almost any temperature.

A driveway's lifespan varies by material. Asphalt driveways typically last 15 to 30 years, while concrete driveways last longer, between 20 and 50 years. The longevity of any driveway is affected by factors like extreme temperatures, heavy traffic, and the quality of maintenance. Regular upkeep, such as filling cracks, resealing the surface, and ensuring proper drainage, can help extend its life. For gravel driveways, regrading to fill in uneven areas every year or two is recommended.

Sometimes, when people talk about asphalt driveways, they’re actually referring to asphalt concrete, which is a completely different compound. Asphalt concrete is asphaltic cement combined with sand or grit. It is significantly more lasting and durable than regular asphalt but also much more expensive. If you’re considering using asphalt concrete, ask an asphalt company for their expert opinions.

The choice between asphalt and concrete depends on your priorities, budget, and climate.

Concrete is generally more durable, lasting up to 50 years with minimal upkeep, and offers more customization options like staining and stamping, which can add more to a home's value. However, it is more expensive upfront and can be prone to cracking in cold climates where water can freeze and expand.

Asphalt is typically cheaper and quicker to install and is easier to repair. It performs better in colder climates. However, it requires more maintenance, including regular resealing, has a shorter lifespan, and can get hot and sticky in intense sunlight.

Ultimately, if durability and long-term value are key, concrete is often the better choice. If upfront cost and performance in cold weather are more important, asphalt may be preferable.