Asphalt Modifiers Market

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Asphalt Modifiers Market  Market size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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• Asphalt modifiers market size is forecast to
  reach US4.8 billion by 2026, after growing at a
  CAGR of 5.7 during 2021-2026. This growth is
  attributed to the accelerating demand of adhesion
  promoters, flux oil, crumb rubber, polyurethane
  resin, and phenolic resin based asphalt modifiers
  from the boosting infrastructure sector due to
  its rigid properties.
• In addition, the increased use of asphalt
  modifiers in roofing applications is also
  expected to drive the need for asphalt modifiers
  during the forecast period. 

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• Key Takeaways
• Asia-Pacific dominates the asphalt modifiers
  market, owing to the increasing road construction
  activities in APAC countries. For instance, road
  work worth Rs. 30000 crore (US4.0 billion) is
  under construction in Bihar, India. A total of
  Rs. 4600 crore (US621.8 million) has been set
  aside as reimbursement for land acquisitions. 
• During the forecast period, high traffic volume
  and heavier loads on roadways, deferred
  infrastructure maintenance, emphasis on meeting
  super-save design specifications, enhanced
  pavement work-life, and decreased MRO cost
  benefits are expected to drive market demand. 

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By Distribution Channel- Segment Analysis The
road construction segment held the largest share
in the asphalt modifiers market in 2020 and is
growing at a CAGR of 8.6 during 2021-2026. To
improve the durability of road construction,
modifiers such as adhesion promoters, flux oil,
crumb rubber, polyurethane resin, and phenolic
resin are used to increase resistance to pavement
discomfort, such as thermal cracking, rutting,
stripping, and more, thus prolonging the service
life. 
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• Asphalt Modifiers Market Industry Outlook 
• Arrmaz,
• Arkema SA,
• BASF Corporation,
• Honeywell International Inc.,
• Huntsman Corporation,
• Kao Corporation,
• Ingevity Corporation,
• Kraton Corporation,
• Nouryon,
• Dupont De Nemours Inc.

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Asphalt Modifiers Market - Forecast(2021 -
2026) Learn More About the Report _at_
https//www.industryarc.com/Research/Asphalt-Modi
fiers-Market-Research-503038
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• You Can Customize the Report as Per Your Need.
  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
• Purchase Full Report _at_ https//www.industryarc.com
  /purchasereport.php?id503038

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Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
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