Asphalt Modifiers Market - Forecast (2021 - 2026)

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Asphalt Modifiers Market - Forecast 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.

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• Key Takeaways
• To promote ride-sharing or car-pooling, highways
  will need to be gradually retrofitted or expanded
  with lanes for high-occupancy vehicles. The
  market for road and pavement construction is
  expected to be driven by this development, in
  turn, fueling the demand for asphalt modifiers. 
• The market growth is likely to be impeded by high
  initial costs for the use of modified asphalt
  cement and occupational health hazards concerning
  asphalt.

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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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• Asphalt Modifiers Market Industry Outlook 
• Arrmaz, Arkema
• BASF Corporation
• Honeywell International
• Huntsman Corporation
• Kao Corporation
• Ingevity Corporation
• Kraton Corporation
• Nouryon

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Asphalt Modifiers Market - Forecast 2021 -
2026 Learn More About the Report _at_
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iers-Market-Research-503038
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  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
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