Asphalt Modifiers Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2021 - 2026 - PowerPoint PPT Presentation

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Asphalt Modifiers Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2021 - 2026

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Asphalt modifiers market size is forecast to reach US$4.8 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. – PowerPoint PPT presentation

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Title: Asphalt Modifiers Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2021 - 2026


1
Asphalt Modifiers Market Market size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021 - 2026
Contact Venkat Reddy sales_at_industryarc.com
(1) 970-236-3677
2
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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.
  • Increased use of the bio asphalt mixture and
    concrete as a replacement, however, is expected
    to impede the development of the demand for
    adhesion promoters, flux oil, crumb rubber,
    polyurethane resin, and phenolic resin based
    asphalt

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3
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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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4
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By Distribution Channel- Segment Analysis The
warm mix asphalt segment held a significant share
in the asphalt modifiers market in 2020 and is
growing at a CAGR of 6.1 during 2021-2026. Due
to growing concern about environmental issues
such as global warming and carbon footprint, the
asphalt industry's incentive to minimize
greenhouse gas emissions has increased. This has
prompted the development of Warm Mix Asphalt
(WMA) and related technologies, which aim to
reduce greenhouse gas emissions by lowering
asphalt mix mixing and compaction temperatures.
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5
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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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6
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Asphalt Modifiers Market - Industry Analysis,
Market Size, Share, Trends, Application Analysis,
Growth And Forecast 2021 - 2026 Learn More About
the Report _at_ https//www.industryarc.com/Resear
ch/Asphalt-Modifiers-Market-Research-503038
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7
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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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8
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
_at_ http//www.linkedin.com/company/industryarc
Contact (1) 970-236-3677
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