The Global Asphalt Additives Market Report is prepared to club all the essential market details such as market size, share, value, growth, restraints, challenges, and opportunities during the study period of 2019-2025. The data presented in this report has been gathered on the basis of historical data, primary interviews and expert’s estimation of future trends. The report also covers regional assessment which has been conducted globally. The detailed content of the market study ensures intellectual insights given a better understanding of the untapped opportunities in the market.
Asphalt additives are substances added to asphalt to modify characteristic properties of asphalt binder. Primary reason for adding additives to asphalt is to increase the functional temperature range of asphalt. Viscosity of asphalt decreases at high temperature and increases drastically at low temperature. This hinders the usage of asphalt in roads, pavements, airfields, and parking lots made of asphalt. Usage of additives helps overcome this shortcoming. Additives are also used to enhance the binding property of asphalt by strengthening the asphalt aggregate bond. Furthermore, additives improve the film thickness of asphalt, thus preventing cracking, raveling, and deformation. This, in turn, reduces maintenance cost of asphalt-constructed structures. There are different types of asphalt additives. However, varieties that are primarily used include asphalt rubber, polymers, and chemical modifiers. Fibers and fillers are also used as additives in asphalt.
Global Asphalt Additives market size will increase to 5420 Million US$ by 2025, from 4010 Million US$ in 2017, at a CAGR of 3.8% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Asphalt Additives.
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The following manufacturers are covered in this report:
- Evonik
- Kraton
- DuPont
- Arkema
- Dow Chemical
- Akzo Nobel
- Huntsman
- Berkshire Engineering Supplies
- ArrMaz
- Kao Corporation
- Engineered Additives
- BASF
- Sonneborn
- Honeywell
- Ingevity
- LUCOBIT
- Sinopec
- LCY CHEMICAL CORP
- Jiangsu Jinyang
- Zibo bridge lung
Asphalt Additives Breakdown Data by Type
- Asphalt Modifier
- Antistripping agent
- Asphalt emulsifier
- Surfactant additives
- Foam stabilizer
- Others
Asphalt Additives Breakdown Data by Application
- Road construction & paving
- Roofing
- Others (Including airfields, parking lots, drinking water enclosures, waste disposal sites, and bridge decks)
Asphalt Additives Production Breakdown Data by Region
- United States
- Europe
- China
- Japan
- Other Regions
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The study objectives are:
- To analyze and research the global Asphalt Additives capacity, production, value, consumption, status and forecast;
- To focus on the key Asphalt Additives manufacturers and study the capacity, production, value, market share and development plans in next few years.
- To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
- To define, describe and forecast the market by type, application and region.
- To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends and factors driving or inhibiting the market growth.
- To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
- To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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