Asphalt Additives Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Description

The Global Asphalt Additives Market is poised for significant growth, driven by the increasing demand for enhanced road construction materials. Asphalt additives are specialized compounds that modify the properties of asphalt binders, allowing for improved performance in hot mix, cold mix, and warm mix asphalts. These additives play a crucial role in reducing stripping, cracking, deformation, and overall pavement thickness, thereby extending the lifespan of asphalt surfaces. They are widely used in various applications, including roadways, parking lots, sidewalks, and airports.Valued at $5.36 billion in 2024, the market is expected to reach $7.34 billion by 2031, reflecting a CAGR of 4.60% over the forecast period.

Growth Trends: In recent years, the market for asphalt additives has experienced steady growth. The demand for these additives surged due to the need for asphalt pavements that offer high-temperature resistance and improved durability. However, the COVID-19 pandemic caused disruptions across the construction sector, leading to a temporary decline in market activity. Despite this setback, the market is expected to recover, with a strong growth trajectory anticipated in the coming years.

Market Dynamics:

1. Warm Mix Asphalt (WMA) Technology: The adoption of Warm Mix Asphalt (WMA) technology is a significant driver of growth in the asphalt additives market. This innovative technology allows for the production and application of asphalt at lower temperatures, reducing greenhouse gas emissions and fuel consumption. The use of additives in WMA lowers the viscosity of asphalt binders, enabling better mixing and layering at reduced temperatures. Various types of additives, including water-based, organic, and chemical, are employed to produce high-performance warm mix asphalt. As environmental concerns grow, the shift towards WMA technology is expected to accelerate, driving demand for asphalt additives.

2. Shift Towards Bio-based Additives: The asphalt additives market is witnessing a shift towards bio-based additives, driven by increasing environmental awareness and regulatory guidelines. Bio-based additives are derived from renewable raw materials, making them safer and more eco-friendly compared to traditional petroleum-based products. These additives do not release harmful components during production or application and can significantly reduce energy consumption. Key industry players are increasingly adopting bio-based products to meet the rising demand for sustainable solutions. For example, Kraton Corporation's SYLVAROAD RP1000 and CECA's Cecabase RT are leading bio-based additives that contribute to lower energy use and reduced carbon footprints.

Challenges and Opportunities: While the asphalt additives market is on a growth trajectory, it faces certain challenges. The volatility of petrochemical prices directly impacts the cost of asphalt additives, creating uncertainty in the supply chain. Additionally, asphalt faces competition from alternative materials such as concrete, gravel, permeable pavement, and pavers. These substitutes offer benefits like durability, low maintenance, and resilience to weather changes, which can hinder the growth of asphalt additives.

Despite these challenges, the market presents substantial opportunities, particularly in the development of bio-based additives and the adoption of WMA technology. Investments in infrastructure development, especially in emerging economies, are expected to drive demand for asphalt additives. The global push for sustainable construction practices will further boost the market as governments and industries seek eco-friendly solutions.

Regional Insights:

1. China: China is expected to play a pivotal role in the growth of the asphalt additives market. The country's significant investment in infrastructure projects, including road and belt construction, is driving demand for various asphalt additives. The Chinese government's commitment to enhancing its infrastructure, along with increased investment in road construction, positions China as a key market for asphalt additives.

2. United States: In the United States, the need for improved infrastructure, particularly roads and highways, is a major driver of the asphalt additives market. The U.S. government's investment in transportation infrastructure, including roads, bridges, and parking lots, is expected to boost demand for asphalt additives. As traffic congestion increases and roads deteriorate, the need for durable, high-performance asphalt becomes more critical, fueling market growth.

Category Insights:

1. Polymeric Modifiers: The polymeric modifiers segment dominates the asphalt additives market, particularly in road construction and airport runways. These additives enhance the viscosity and stiffness of asphalt at high temperatures, making them ideal for use in high-traffic areas. The increasing volume of traffic and the trend towards heavier loads on roadways are driving demand for polymeric modifiers, which are essential for maintaining pavement integrity.

2. Road Construction and Paving: Road construction and paving are significant applications of asphalt additives. These additives improve the durability and performance of road surfaces, making them more resistant to temperature fluctuations and heavy traffic. As governments invest in infrastructure projects, particularly in developing regions, the demand for asphalt additives in road construction is expected to rise.

Competitive Analysis: The asphalt additives market is highly fragmented, with numerous key players competing for market share. Leading companies are investing in research and development to create innovative products, reduce costs, and explore new market opportunities. The shift towards bio-based additives and the adoption of WMA technology are key trends that are expected to shape the competitive Analysis. Companies like Kraton Corporation and Nouryon are at the forefront of these developments, offering sustainable solutions that meet the evolving needs of the market.

Key Companies Profiled

Evonik Industries AG
Kraton Corporation
Arkema S.A
Nouryon Chemicals
Dow Inc.
Honeywell International Inc.
Huntsman Corporation
Ingevity Corporation
BASF SE
Akzo Nobel N.V.
Sasol Limited
Kao Corporation
Tri-Chem Specialty Chemicals,LLC

Asphalt Additives Market Segmentation

By Product type:

Emulsifiers
Rejuvenators
Adhesion Promoters
Rheology and elasticity modifiers
Polymeric Modifiers
Others

By Technology:

Hot Mix
Cold Mix
Warm Mix

By Application:

Road Construction & Paving
Roofing
Airport
Industrial
Others

By Region:

North America
Latin America
Europe
East Asia
South Asia and Pacific
Middle East and Africa

1. Executive Summary

1.1. Global Asphalt Additives Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value and Volume, 2023
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Price Analysis, 2019-2023

3.1. Global Average Price Analysis, by Product Type/ Technology, US$ Per Ton, 2019-2023
3.2. Prominent Factor Affecting Asphalt Additives Prices
3.3. Global Average Price Analysis, by Region, US$ Per Ton

4. Global Asphalt Additives Market Outlook, 2019-2031

4.1. Global Asphalt Additives Market Outlook, by Product Type, Value (US$ Bn) and Volume (Ton), 2019-2031
- 4.1.1. Key Highlights
  - 4.1.1.1. Emulsifiers
  - 4.1.1.2. Rejuvenators
  - 4.1.1.3. Adhesion Promoters
  - 4.1.1.4. Rheology and elasticity modifiers
  - 4.1.1.5. Polymeric Modifiers
  - 4.1.1.6. Others
4.2. Global Asphalt Additives Market Outlook, by Technology, Value (US$ Bn) and Volume (Ton), 2019-2031
- 4.2.1. Key Highlights
  - 4.2.1.1. Hot Mix
  - 4.2.1.2. Cold Mix
  - 4.2.1.3. Warm Mix
4.3. Global Asphalt Additives Market Outlook, by Application, Value (US$ Bn) and Volume (Ton), 2019-2031
- 4.3.1. Key Highlights
  - 4.3.1.1. Road Construction & Paving
  - 4.3.1.2. Roofing
  - 4.3.1.3. Airport
  - 4.3.1.4. Industrial
  - 4.3.1.5. Others
4.4. Global Asphalt Additives Market Outlook, by Region, Value (US$ Bn) and Volume (Ton), 2019-2031
- 4.4.1. Key Highlights
  - 4.4.1.1. North America
  - 4.4.1.2. Europe
  - 4.4.1.3. Asia Pacific
  - 4.4.1.4. Latin America
  - 4.4.1.5. Middle East & Africa

5. North America Asphalt Additives Market Outlook, 2019-2031

5.1. North America Asphalt Additives Market Outlook, by Product Type, Value (US$ Bn) and Volume (Ton), 2019-2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Emulsifiers
  - 5.1.1.2. Rejuvenators
  - 5.1.1.3. Adhesion Promoters
  - 5.1.1.4. Rheology and elasticity modifiers
  - 5.1.1.5. Polymeric Modifiers
  - 5.1.1.6. Others
5.2. North America Asphalt Additives Market Outlook, by Technology, Value (US$ Bn) and Volume (Ton), 2019-2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Hot Mix
  - 5.2.1.2. Cold Mix
  - 5.2.1.3. Warm Mix
5.3. North America Asphalt Additives Market Outlook, by Application, Value (US$ Bn) and Volume (Ton), 2019-2031
- 5.3.1. Key Highlights
  - 5.3.1.1. Road Construction & Paving
  - 5.3.1.2. Roofing
  - 5.3.1.3. Airport
  - 5.3.1.4. Industrial
  - 5.3.1.5. Others
5.4. North America Asphalt Additives Market Outlook, by Country, Value (US$ Bn) and Volume (Ton), 2019-2031
- 5.4.1. Key Highlights
  - 5.4.1.1. U.S. Asphalt Additives Market by Product Type, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 5.4.1.2. U.S. Asphalt Additives Market by Technology, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 5.4.1.3. U.S. Asphalt Additives Market by Application, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 5.4.1.4. Canada Asphalt Additives Market by Product Type, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 5.4.1.5. Canada Asphalt Additives Market by Technology, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 5.4.1.6. Canada Asphalt Additives Market by Application, Value (US$ Bn) and Volume (Ton), 2019-2031
- 5.4.2. BPS Analysis/Market Attractiveness Analysis

6. Europe Asphalt Additives Market Outlook, 2019-2031

6.1. Europe Asphalt Additives Market Outlook, by Product Type, Value (US$ Bn) and Volume (Ton), 2019-2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Emulsifiers
  - 6.1.1.2. Rejuvenators
  - 6.1.1.3. Adhesion Promoters
  - 6.1.1.4. Rheology and elasticity modifiers
  - 6.1.1.5. Polymeric Modifiers
  - 6.1.1.6. Others
6.2. Europe Asphalt Additives Market Outlook, by Technology, Value (US$ Bn) and Volume (Ton), 2019-2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Hot Mix
  - 6.2.1.2. Cold Mix
  - 6.2.1.3. Warm Mix
6.3. Europe Asphalt Additives Market Outlook, by Application, Value (US$ Bn) and Volume (Ton), 2019-2031
- 6.3.1. Key Highlights
  - 6.3.1.1. Road Construction & Paving
  - 6.3.1.2. Roofing
  - 6.3.1.3. Airport
  - 6.3.1.4. Industrial
  - 6.3.1.5. Others
6.4. Europe Asphalt Additives Market Outlook, by Country, Value (US$ Bn) and Volume (Ton), 2019-2031
- 6.4.1. Key Highlights
  - 6.4.1.1. Germany Asphalt Additives Market by Product Type, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 6.4.1.2. Germany Asphalt Additives Market by Technology, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 6.4.1.3. Germany Asphalt Additives Market by Application, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 6.4.1.4. U.K. Asphalt Additives Market by Product Type, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 6.4.1.5. U.K. Asphalt Additives Market by Technology, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 6.4.1.6. U.K. Asphalt Additives Market by Application, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 6.4.1.7. France Asphalt Additives Market by Product Type, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 6.4.1.8. France Asphalt Additives Market by Technology, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 6.4.1.9. France Asphalt Additives Market by Application, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 6.4.1.10. Italy Asphalt Additives Market by Product Type, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 6.4.1.11. Italy Asphalt Additives Market by Technology, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 6.4.1.12. Italy Asphalt Additives Market by Application, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 6.4.1.13. Turkey Asphalt Additives Market by Product Type, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 6.4.1.14. Turkey Asphalt Additives Market by Technology, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 6.4.1.15. Turkey Asphalt Additives Market by Application, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 6.4.1.16. Russia Asphalt Additives Market by Product Type, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 6.4.1.17. Russia Asphalt Additives Market by Technology, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 6.4.1.18. Russia Asphalt Additives Market by Application, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 6.4.1.19. Rest of Europe Asphalt Additives Market by Product Type, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 6.4.1.20. Rest of Europe Asphalt Additives Market by Technology, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 6.4.1.21. Rest of Europe Asphalt Additives Market by Application, Value (US$ Bn) and Volume (Ton), 2019-2031
- 6.4.2. BPS Analysis/Market Attractiveness Analysis

7. Asia Pacific Asphalt Additives Market Outlook, 2019-2031

7.1. Asia Pacific Asphalt Additives Market Outlook, by Product Type, Value (US$ Bn) and Volume (Ton), 2019-2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Emulsifiers
  - 7.1.1.2. Rejuvenators
  - 7.1.1.3. Adhesion Promoters
  - 7.1.1.4. Rheology and elasticity modifiers
  - 7.1.1.5. Polymeric Modifiers
  - 7.1.1.6. Others
7.2. Asia Pacific Asphalt Additives Market Outlook, by Technology, Value (US$ Bn) and Volume (Ton), 2019-2031
- 7.2.1. Key Highlights
  - 7.2.1.1. Hot Mix
  - 7.2.1.2. Cold Mix
  - 7.2.1.3. Warm Mix
7.3. Asia Pacific Asphalt Additives Market Outlook, by Application, Value (US$ Bn) and Volume (Ton), 2019-2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Road Construction & Paving
  - 7.3.1.2. Roofing
  - 7.3.1.3. Airport
  - 7.3.1.4. Industrial
  - 7.3.1.5. Others
7.4. Asia Pacific Asphalt Additives Market Outlook, by Country, Value (US$ Bn) and Volume (Ton), 2019-2031
- 7.4.1. Key Highlights
  - 7.4.1.1. China Asphalt Additives Market by Product Type, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 7.4.1.2. China Asphalt Additives Market by Technology, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 7.4.1.3. China Asphalt Additives Market by Application, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 7.4.1.4. Japan Asphalt Additives Market by Product Type, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 7.4.1.5. Japan Asphalt Additives Market by Technology, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 7.4.1.6. Japan Asphalt Additives Market by Application, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 7.4.1.7. South Korea Asphalt Additives Market by Product Type, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 7.4.1.8. South Korea Asphalt Additives Market by Technology, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 7.4.1.9. South Korea Asphalt Additives Market by Application, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 7.4.1.10. India Asphalt Additives Market by Product Type, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 7.4.1.11. India Asphalt Additives Market by Technology, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 7.4.1.12. India Asphalt Additives Market by Application, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 7.4.1.13. Southeast Asia Asphalt Additives Market by Product Type, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 7.4.1.14. Southeast Asia Asphalt Additives Market by Technology, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 7.4.1.15. Southeast Asia Asphalt Additives Market by Application, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 7.4.1.16. Rest of Asia Pacific Asphalt Additives Market by Product Type, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 7.4.1.17. Rest of Asia Pacific Asphalt Additives Market by Technology, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 7.4.1.18. Rest of Asia Pacific Asphalt Additives Market by Application, Value (US$ Bn) and Volume (Ton), 2019-2031
- 7.4.2. BPS Analysis/Market Attractiveness Analysis

8. Latin America Asphalt Additives Market Outlook, 2019-2031

8.1. Latin America Asphalt Additives Market Outlook, by Product Type, Value (US$ Bn) and Volume (Ton), 2019-2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Emulsifiers
  - 8.1.1.2. Rejuvenators
  - 8.1.1.3. Adhesion Promoters
  - 8.1.1.4. Rheology and elasticity modifiers
8.2. Latin America Asphalt Additives Market Outlook, by Technology, Value (US$ Bn) and Volume (Ton), 2019-2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Hot Mix
  - 8.2.1.2. Cold Mix
  - 8.2.1.3. Warm Mix
8.3. Latin America Asphalt Additives Market Outlook, by Application, Value (US$ Bn) and Volume (Ton), 2019-2031
- 8.3.1. Key Highlights
  - 8.3.1.1. Road Construction & Paving
  - 8.3.1.2. Roofing
  - 8.3.1.3. Airport
  - 8.3.1.4. Industrial
  - 8.3.1.5. Others
8.4. Latin America Asphalt Additives Market Outlook, by Country, Value (US$ Bn) and Volume (Ton), 2019-2031
- 8.4.1. Key Highlights
  - 8.4.1.1. Brazil Asphalt Additives Market by Product Type, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 8.4.1.2. Brazil Asphalt Additives Market by Technology, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 8.4.1.3. Brazil Asphalt Additives Market by Application, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 8.4.1.4. Mexico Asphalt Additives Market by Product Type, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 8.4.1.5. Mexico Asphalt Additives Market by Technology, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 8.4.1.6. Mexico Asphalt Additives Market by Application, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 8.4.1.7. Argentina Asphalt Additives Market by Product Type, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 8.4.1.8. Argentina Asphalt Additives Market by Technology, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 8.4.1.9. Argentina Asphalt Additives Market by Application, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 8.4.1.10. Rest of Latin America Asphalt Additives Market by Product Type, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 8.4.1.11. Rest of Latin America Asphalt Additives Market by Technology, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 8.4.1.12. Rest of Latin America Asphalt Additives Market by Application, Value (US$ Bn) and Volume (Ton), 2019-2031
- 8.4.2. BPS Analysis/Market Attractiveness Analysis

9. Middle East & Africa Asphalt Additives Market Outlook, 2019-2031

9.1. Middle East & Africa Asphalt Additives Market Outlook, by Product Type, Value (US$ Bn) and Volume (Ton), 2019-2031
- 9.1.1. Key Highlights
  - 9.1.1.1. Emulsifiers
  - 9.1.1.2. Rejuvenators
  - 9.1.1.3. Adhesion Promoters
  - 9.1.1.4. Rheology and elasticity modifiers
  - 9.1.1.5. Polymeric Modifiers
  - 9.1.1.6. Others
9.2. Middle East & Africa Asphalt Additives Market Outlook, by Technology, Value (US$ Bn) and Volume (Ton), 2019-2031
- 9.2.1. Key Highlights
  - 9.2.1.1. Hot Mix
  - 9.2.1.2. Cold Mix
  - 9.2.1.3. Warm Mix
9.3. Middle East & Africa Asphalt Additives Market Outlook, by Application, Value (US$ Bn) and Volume (Ton), 2019-2031
- 9.3.1. Key Highlights
  - 9.3.1.1. Road Construction & Paving
  - 9.3.1.2. Roofing
  - 9.3.1.3. Airport
  - 9.3.1.4. Industrial
  - 9.3.1.5. Others
9.4. Middle East & Africa Asphalt Additives Market Outlook, by Country, Value (US$ Bn) and Volume (Ton), 2019-2031
- 9.4.1. Key Highlights
  - 9.4.1.1. GCC Asphalt Additives Market by Product Type, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 9.4.1.2. GCC Asphalt Additives Market by Technology, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 9.4.1.3. GCC Asphalt Additives Market by Application, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 9.4.1.4. South Africa Asphalt Additives Market by Product Type, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 9.4.1.5. South Africa Asphalt Additives Market by Technology, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 9.4.1.6. South Africa Asphalt Additives Market by Application, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 9.4.1.7. Egypt Asphalt Additives Market by Product Type, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 9.4.1.8. Egypt Asphalt Additives Market by Technology, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 9.4.1.9. Egypt Asphalt Additives Market by Application, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 9.4.1.10. Nigeria Asphalt Additives Market by Product Type, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 9.4.1.11. Nigeria Asphalt Additives Market by Technology, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 9.4.1.12. Nigeria Asphalt Additives Market by Application, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 9.4.1.13. Rest of Middle East & Africa Asphalt Additives Market by Product Type, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 9.4.1.14. Rest of Middle East & Africa Asphalt Additives Market by Technology, Value (US$ Bn) and Volume (Ton), 2019-2031
  - 9.4.1.15. Rest of Middle East & Africa Asphalt Additives Market by Application, Value (US$ Bn) and Volume (Ton), 2019-2031
- 9.4.2. BPS Analysis/Market Attractiveness Analysis

10. Competitive Landscape

10.1. Product vs Indication Heatmap
10.2. Company Market Share Analysis, 2022
10.3. Competitive Dashboard
10.4. Company Profiles
- 10.4.1. Evonik Industries AG
  - 10.4.1.1. Company Overview
  - 10.4.1.2. Product Portfolio
  - 10.4.1.3. Financial Overview
  - 10.4.1.4. Business Strategies and Development
- 10.4.2. Kraton Corporation
  - 10.4.2.1. Company Overview
  - 10.4.2.2. Product Portfolio
  - 10.4.2.3. Financial Overview
  - 10.4.2.4. Business Strategies and Development
- 10.4.3. Arkema S.A
  - 10.4.3.1. Company Overview
  - 10.4.3.2. Product Portfolio
  - 10.4.3.3. Financial Overview
  - 10.4.3.4. Business Strategies and Development
- 10.4.4. Nouryon Chemicals
  - 10.4.4.1. Company Overview
  - 10.4.4.2. Product Portfolio
  - 10.4.4.3. Financial Overview
  - 10.4.4.4. Business Strategies and Development
- 10.4.5. Dow Inc.
  - 10.4.5.1. Company Overview
  - 10.4.5.2. Product Portfolio
  - 10.4.5.3. Financial Overview
  - 10.4.5.4. Business Strategies and Development
- 10.4.6. Honeywell International Inc.
  - 10.4.6.1. Company Overview
  - 10.4.6.2. Product Portfolio
  - 10.4.6.3. Financial Overview
  - 10.4.6.4. Business Strategies and Development
- 10.4.7. Huntsman Corporation
  - 10.4.7.1. Company Overview
  - 10.4.7.2. Product Portfolio
  - 10.4.7.3. Financial Overview
  - 10.4.7.4. Business Strategies and Development
- 10.4.8. Ingevity Corporation
  - 10.4.8.1. Company Overview
  - 10.4.8.2. Product Portfolio
  - 10.4.8.3. Financial Overview
  - 10.4.8.4. Business Strategies and Development
- 10.4.9. BASF SE
  - 10.4.9.1. Company Overview
  - 10.4.9.2. Product Portfolio
  - 10.4.9.3. Financial Overview
  - 10.4.9.4. Business Strategies and Development
- 10.4.10. Akzo Nobel N.V.
  - 10.4.10.1. Company Overview
  - 10.4.10.2. Product Portfolio
  - 10.4.10.3. Financial Overview
  - 10.4.10.4. Business Strategies and Development
- 10.4.11. Sasol Limited
  - 10.4.11.1. Company Overview
  - 10.4.11.2. Product Portfolio
  - 10.4.11.3. Financial Overview
  - 10.4.11.4. Business Strategies and Development
- 10.4.12. Kao Corporation
  - 10.4.12.1. Company Overview
  - 10.4.12.2. Product Portfolio
  - 10.4.12.3. Financial Overview
  - 10.4.12.4. Business Strategies and Development
- 10.4.13. Tri-Chem Specialty Chemicals,LLC
  - 10.4.13.1. Company Overview
  - 10.4.13.2. Product Portfolio
  - 10.4.13.3. Financial Overview
  - 10.4.13.4. Business Strategies and Development

11. Appendix

11.1. Research Methodology
11.2. Report Assumptions
11.3. Acronyms and Abbreviations