Asphalt Additives Global Market 2024 - Latest Technology, Industry Trends, Future Demand And Outlook By 2033

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Asphalt Additives Global Market Report 2024
Market Size, Trends and Global Forecast 2024-2033
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Asphalt Additives Segments
The Business Research Company segments its
Asphalt Additives report as
Polymeric Modifiers, Anti-strip And Adhesion
Promoters, Emulsifiers, Chemical Modifiers,
Rejuvenators, Fibers, Flux Oil, Colored Asphalt
By Type
Hot Mix, Cold Mix, Warm Mix
By Technology
Road Construction, Road Paving, Airport Runway,
Parking Lots, Roofing
By Application
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Market Statistics
The asphalt additives market size has grown
rapidly in recent years. It will grow from 3.98
billion in 2023 to 4.38 billion in 2024 at a
compound annual growth rate (CAGR) of 10.1. The
asphalt additives market size is expected to see
strong growth in the next few years. It will grow
to 6.3 billion in 2028 at a compound annual
growth rate (CAGR) of 9.5.
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Key Market Drivers And Trends
Drivers
An increase in road construction projects is
expected to propel the growth of the asphalt
additives market.
Trends
Bio-based asphalt additives are shaping the
asphalt additives market.
Region
Asia-Pacific was the largest region in the
asphalt additives market in 2023. The regions
covered in the asphalt additives market report
include Asia-Pacific, Western Europe, Eastern
Europe, North America, South America, Middle East
and Africa.
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Key Market Players

• Major players in the Asphalt Additives are
• Arkema S.A.
• ArrMaz Products Inc.
• BASF SE
• Evonik Industries AG
• Huntsman Corporation
• And more.

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