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. According to our (Global Info Research) latest study, the global Asphalt Additives market size was valued at USD 4826 million in 2022 and is forecast to a readjusted size of USD 6400 million by 2029 with a CAGR of 4.1% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. Evonik, Kraton, DuPont, Arkema and Dow Chemical are the top five of global Asphalt Additives industry, with about 35% market share. This report is a detailed and comprehensive analysis for global Asphalt Additives market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided. Key Features: Global Asphalt Additives market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029 Global Asphalt Additives market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029 Global Asphalt Additives market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029 Global Asphalt Additives market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2018-2023 The Primary Objectives in This Report Are: To determine the size of the total market opportunity of global and key countries To assess the growth potential for Asphalt Additives To forecast future growth in each product and end-use market To assess competitive factors affecting the marketplace This report profiles key players in the global Asphalt Additives market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Evonik, Kraton, DuPont, Arkema and Dow Chemical, etc. This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence. Market Segmentation Asphalt Additives market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets. Market segment by Type Asphalt Modifier Antistripping Agent Asphalt Emulsifier Surfactant Additives Foam Stabilizer Others Market segment by Application Road Construction & Paving Roofing Others Major players covered 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 Market segment by region, regional analysis covers North America (United States, Canada and Mexico) Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe) Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia) South America (Brazil, Argentina, Colombia, and Rest of South America) Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa) The content of the study subjects, includes a total of 15 chapters: Chapter 1, to describe Asphalt Additives product scope, market overview, market estimation caveats and base year. Chapter 2, to profile the top manufacturers of Asphalt Additives, with price, sales, revenue and global market share of Asphalt Additives from 2018 to 2023. Chapter 3, the Asphalt Additives competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast. Chapter 4, the Asphalt Additives breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029. Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029. Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Asphalt Additives market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029. Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War. Chapter 13, the key raw materials and key suppliers, and industry chain of Asphalt Additives. Chapter 14 and 15, to describe Asphalt Additives sales channel, distributors, customers, research findings and conclusion.
1 Market Overview 1.1 Product Overview and Scope of Asphalt Additives 1.2 Market Estimation Caveats and Base Year 1.3 Market Analysis by Type 1.3.1 Overview: Global Asphalt Additives Consumption Value by Type: 2018 Versus 2022 Versus 2029 1.3.2 Asphalt Modifier 1.3.3 Antistripping Agent 1.3.4 Asphalt Emulsifier 1.3.5 Surfactant Additives
