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Regional Perspectives: Asphalt Additive Market Insights


The Asphalt Additive Market Research report provides a comprehensive analysis of the global asphalt additive market. It covers key market trends, growth drivers, challenges, and opportunities for both existing and new players in the industry. – PowerPoint PPT presentation

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Date added: 12 July 2023
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Provided by: industryresearch


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Title: Regional Perspectives: Asphalt Additive Market Insights

  • Driving Efficiency in Road Construction with
    Asphalt Additives
  • Asphalt Additive Market report recently published
    by MNM is the best overview about market
    industry perspective, comprehensive analysis,
    size, share, growth, segment, trends, and
    forecast. The report is a handy resource for
    managers, analysts, industry experts, and other
    key people to get ready-to-access and
    self-analysed study. The asphalt additive market
    is projected to grow from USD 3.4 billion in 2021
    to USD 4.7 billion by 2026, at a CAGR of 6.8
    from 2021 to 2026. This report also contains
    helpful recommendations for both established and
    new global players. In addition, the research
    report provides a detailed analysis of the
    business strategies of the leading market
    players' expansion efforts. The report study
    provides an outline of company market shares to
    provide a more comprehensive summary of the
    market's major players.
  • The asphalt additive market is growing steadily
    due to the increasing demand for improved
    asphalt performance in construction and
    infrastructure projects. Asphalt additives are
    chemical compounds added to asphalt to enhance
    its properties such as durability, flexibility,
    and resistance to temperature and weathering. The
    demand for asphalt additives is driven by the
    growing need for sustainable and eco-friendly
    construction practices. Asphalt additives can
    help reduce the number of raw materials needed
    for construction and can also extend the
    lifespan of infrastructure, reducing the need for
    frequent repairs and replacements.
  • Global Asphalt Additive Market Executive Summary
  • Market Revenue and Key Trends
  • Key trends by Product
  • Key trends by Distribution Channel
  • Key trends by Geography
  • The report concentrates on the foremost
    competitors of the worldwide Asphalt Additive
    market and delivers information about the
    corporate overview including contacts, product
    portfolio, key developments, price, cost, value,
    volume, revenue, capacity, and production.
  • Request Sample
  • Pages https//
  • Who are the key players in the Asphalt Additives

  • Nouryon (Netherlands),
  • DowDuPont (US),
  • Arkema SA (France),
  • Honeywell International Inc. (US),
  • Evonik Industries (Germany),
  • Huntsman Corporation (US),
  • Kraton Corporation (US),
  • Ingevity Corporation(US), and BASF SE (Germany)
  • Kraton Corporation is a leading specialty
    chemical company that manufactures styrene block
    copolymers and other engineered polymers. Kraton
    Performance Polymer
  • Inc. changed its name to Kraton Corporation. The
    company has operations in performance products,
    performance chemicals, specialty polymers,
    adhesives, cariflex, and tires.
  • Ingevity Corporation is a manufacturer of
    specialty chemicals and high-performance carbon
    materials. The specialty chemical products are
    used in a range of high-performance
    applications, such as pavement technologies, oil
    field technologies, and industrial specialties.
  • What are the key trends in the Asphalt Additives
  • The asphalt additive market is a rapidly growing
    industry, driven by the increasing demand for
    high-quality roads and pavements. Here are some
    of the latest trends in the asphalt additive
  • Growing demand for warm mix asphalt (WMA)WMA is
    a relatively new technology that allows for the
    production of asphalt at lower temperatures,
    which saves energy and reduces greenhouse gas
    emissions. The demand for WMA is increasing as
    governments and private companies seek to reduce
    their carbon footprint.
  • Increased use of recycled materials The use of
    recycled materials in asphalt mixtures is
    becoming more common as governments and companies
    seek to reduce waste and promote sustainability.
    Materials such as reclaimed asphalt pavement
    (RAP) and recycled tire rubber are often used as
    additives in asphalt mixtures.

  • Technological advancements Advances in asphalt
    additive technology are enabling the production
    of stronger and more durable pavements. For
    example, additives that improve resistance to
    cracking, rutting, and fatigue are now widely
  • Increasing investment in infrastructure
    Governments around the world are investing in
    infrastructure projects, which is driving demand
    for asphalt additives. The trend is particularly
    evident in developing countries, where rapid
    urbanization is leading to the construction of
    new roads and pavements.
  • Growing focus on safety With safety being a top
    priority in the construction
  • industry, asphalt additives that improve skid
    resistance and reduce noise levels are becoming
    increasingly popular.
  • Expansion of the construction industry The
    construction industry is expanding, driven by
    population growth, urbanization, and economic
    development. This growth is increasing demand
    for asphalt additives, particularly in developing
  • Download PDF
  • Brochure https//
  • Asphalt Additive Market Segmentation
  • By type, polymeric modifiers is estimated to be
    the leading segment of asphalt additives market
    from 2021 to 2026, in terms of value and volume.
  • Based on type, the asphalt additives market has
    been segmented into Polymeric Modifiers,
    Anti-strip adhesion promoters, Emulsifiers,
    Chemical Modifiers, Rejuvenators, Fibers, Flux
    Oil, Colored Asphalt, and others. The polymeric
    modifier segment of asphalt additives market
    accounts for the largest share during the
    forecast period.
  • By application, roofing is estimated to be the
    fastest-growing segment of asphalt additives
  • Based on application, the roofing segment is
    expected to lead the asphalt additives market in
    coming years. Roofs are subject to environmental
    damage due to excess heat, cold, or rain. The
    addition of additives to asphalt prevents this
    damage. Chemical, vegetable oil, or
    petroleum-based additives are added to asphalt to
    improve the functionality and viscosity of
    asphalt, while polymer-based additives are used
    to improve its Functionality. This creates the
    demand for asphalt additives in the future.

  • Asphalt Additive Market Regional Growth
  • The asphalt additive market is expected to
    experience regional growth in various parts of
    the world. Some of the key regions that are
    expected to show significant growth in the
    asphalt additive market include
  • North America The North American region is
    expected to witness significant growth in the
    asphalt additive market. The growth in this
    region is primarily attributed to the increasing
    demand for asphalt additives in road
    construction, renovation, and maintenance
    projects. Additionally, the presence of major
    market players and the availability of advanced
    technologies in this region are expected to
    further drive the growth of the asphalt additive
  • Asia Pacific The asphalt additive market in the
    Asia Pacific region is expected to experience
    significant growth in the coming years. One of
    the key drivers of this growth is the increasing
    demand for infrastructure development and
    construction activities in the region. As
    countries like China, India, and Japan continue
    to invest in improving their infrastructure, the
    demand for asphalt additives is expected to
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