Global Asphalt Additive Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2024 to 2032

Description

List of Tables

The global demand for Asphalt Additive Market is presumed to reach the market size of nearly USD 9.05 Billion by 2032 from USD 4.42 Billion in 2023 with a CAGR of 8.27% under the study period 2024-2032.

The chemical substances that are added to improve aggregate coating and increase the strength and frequency of chemical bonding between asphalt and aggregate are known as adhesion promotes or asphalt Additives. These adhesion promoters are added in small quantities and can be added in many convenient ways by either the hot mix producer or the asphalt terminal. Asphalt Additives help in improving mix workability for easier handwork. Additionally, these adhesion promoters improve safety and motorist experience. These are non-hazardous and non-regulated for available transport options, offering the highest worker safety while reducing logistics costs. Asphalt Additives are petroleum-like materials that are black or brown in color.

MARKET DYNAMICS

The increasing use of asphalt Additives in the construction sector and the growing construction industry are the main market drivers for the growth of the asphalt Additives market. Polymer additives when added to asphalt, improve the quality and performance of materials used for roofing. This increases demand and drives the market growth of asphalt Additives. Also, the heightened demand for asphalt Additives due to their wide use in canal and reservoir linings, dam facings, and other sea works is expected to elevate the market growth of asphalt Additives. The rising trend of organic warm mix asphalt in eco-friendly projects will further boost the market growth.

The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Asphalt Additive. The growth and trends of Asphalt Additive industry provide a holistic approach to this study.

MARKET SEGMENTATION

This section of the Asphalt Additive market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Type

Polymeric Modifiers
Anti-strip and adhesion promoters
Emulsifiers
Chemical Modifiers
Rejuvenators
Fibers
Flux Oil
Colored Asphalt
Others (Organic Materials, Rubber Modifiers)

By Application

Road Construction & Paving
Roofing
Airport Construction
Others (Parking Lots, Bridges)

By Technology

Hot Mix
Cold Mix
Warm Mix

REGIONAL ANALYSIS

This section covers the regional outlook, which accentuates current and future demand for the Asphalt Additive market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Asphalt Additive market include Nouryon (Netherlands), Dow (US), Arkema SA (France), Honeywell International Inc. (US), Evonik Industries (Germany), Huntsman Corporation (US), Kraton Orporation (US), Ingevity Corporation(US), BASF SE (Germany). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

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Product Code: VMR11215340

1. PREFACE

1.1. Report Description
- 1.1.1 Objective
- 1.1.2 Target Audience
- 1.1.3 Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
- 1.3.1 Market Research Process
- 1.3.2 Market Research Methodology

2. EXECUTIVE SUMMARY

2.1. Highlights of Market
2.2. Global Market Snapshot

3. ASPHALT ADDITIVE - INDUSTRY ANALYSIS

3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter's Five Force Analysis
3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Type
- 3.7.2 Market Attractiveness Analysis By Application
- 3.7.3 Market Attractiveness Analysis By Technology
- 3.7.4 Market Attractiveness Analysis By Region

4. VALUE CHAIN ANALYSIS

4.1. Value Chain Analysis
4.2. Raw Material Analysis
- 4.2.1 List of Raw Materials
- 4.2.2 Raw Material Manufactures List
- 4.2.3 Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
- 4.4.1 Direct Marketing
- 4.4.2 Indirect Marketing
- 4.4.3 Marketing Channel Development Trend

5. GLOBAL ASPHALT ADDITIVE MARKET ANALYSIS BY TYPE

5.1. Overview By Type
5.2. Historical and Forecast Data Analysis By Type
5.3. Polymeric Modifiers Historic and Forecast Sales By Regions
5.4. Anti-strip and adhesion promoters Historic and Forecast Sales By Regions
5.5. Emulsifiers Historic and Forecast Sales By Regions
5.6. Chemical Modifiers Historic and Forecast Sales By Regions
5.7. Rejuvenators Historic and Forecast Sales By Regions
5.8. Fibers Historic and Forecast Sales By Regions
5.9. Flux Oil Historic and Forecast Sales By Regions
5.10. Colored Asphalt Historic and Forecast Sales By Regions
5.11. Others (Organic Materials, Rubber Modifiers) Historic and Forecast Sales By Regions

6. GLOBAL ASPHALT ADDITIVE MARKET ANALYSIS BY APPLICATION

6.1. Overview By Application
6.2. Historical and Forecast Data Analysis By Application
6.3. Road Construction & Paving Historic and Forecast Sales By Regions
6.4. Roofing Historic and Forecast Sales By Regions
6.5. Airport Construction Historic and Forecast Sales By Regions
6.6. Others (Parking Lots, Bridges) Historic and Forecast Sales By Regions

7. GLOBAL ASPHALT ADDITIVE MARKET ANALYSIS BY TECHNOLOGY

7.1. Overview By Technology
7.2. Historical and Forecast Data Analysis By Technology
7.3. Hot Mix Historic and Forecast Sales By Regions
7.4. Cold Mix Historic and Forecast Sales By Regions
7.5. Warm Mix Historic and Forecast Sales By Regions

8. GLOBAL ASPHALT ADDITIVE MARKET ANALYSIS BY GEOGRAPHY

8.1. Regional Outlook
8.2. Introduction
8.3. North America Sales Analysis
- 8.3.1 Overview, Historic and Forecast Data Sales Analysis
- 8.3.2 North America By Segment Sales Analysis
- 8.3.3 North America By Country Sales Analysis
- 8.3.4 United States Sales Analysis
- 8.3.5 Canada Sales Analysis
- 8.3.6 Mexico Sales Analysis
8.4. Europe Sales Analysis
- 8.4.1 Overview, Historic and Forecast Data Sales Analysis
- 8.4.2 Europe By Segment Sales Analysis
- 8.4.3 Europe By Country Sales Analysis
- 8.4.4 United Kingdom Sales Analysis
- 8.4.5 France Sales Analysis
- 8.4.6 Germany Sales Analysis
- 8.4.7 Italy Sales Analysis
- 8.4.8 Russia Sales Analysis
- 8.4.9 Rest Of Europe Sales Analysis
8.5. Asia Pacific Sales Analysis
- 8.5.1 Overview, Historic and Forecast Data Sales Analysis
- 8.5.2 Asia Pacific By Segment Sales Analysis
- 8.5.3 Asia Pacific By Country Sales Analysis
- 8.5.4 China Sales Analysis
- 8.5.5 India Sales Analysis
- 8.5.6 Japan Sales Analysis
- 8.5.7 South Korea Sales Analysis
- 8.5.8 Australia Sales Analysis
- 8.5.9 South East Asia Sales Analysis
- 8.5.10 Rest Of Asia Pacific Sales Analysis
8.6. Latin America Sales Analysis
- 8.6.1 Overview, Historic and Forecast Data Sales Analysis
- 8.6.2 Latin America By Segment Sales Analysis
- 8.6.3 Latin America By Country Sales Analysis
- 8.6.4 Brazil Sales Analysis
- 8.6.5 Argentina Sales Analysis
- 8.6.6 Peru Sales Analysis
- 8.6.7 Chile Sales Analysis
- 8.6.8 Rest of Latin America Sales Analysis
8.7. Middle East & Africa Sales Analysis
- 8.7.1 Overview, Historic and Forecast Data Sales Analysis
- 8.7.2 Middle East & Africa By Segment Sales Analysis
- 8.7.3 Middle East & Africa By Country Sales Analysis
- 8.7.4 Saudi Arabia Sales Analysis
- 8.7.5 UAE Sales Analysis
- 8.7.6 Israel Sales Analysis
- 8.7.7 South Africa Sales Analysis
- 8.7.8 Rest Of Middle East And Africa Sales Analysis

9. COMPETITIVE LANDSCAPE OF THE ASPHALT ADDITIVE COMPANIES

9.1. Asphalt Additive Market Competition
9.2. Partnership/Collaboration/Agreement
9.3. Merger And Acquisitions
9.4. New Product Launch
9.5. Other Developments

10. COMPANY PROFILES OF ASPHALT ADDITIVE INDUSTRY

10.1. Top Companies Market Share Analysis
10.2. Market Concentration Rate
10.3. Nouryon (Netherlands)
- 10.3.1 Company Overview
- 10.3.2 Company Revenue
- 10.3.3 Products
- 10.3.4 Recent Developments
10.4. Dow (US)
- 10.4.1 Company Overview
- 10.4.2 Company Revenue
- 10.4.3 Products
- 10.4.4 Recent Developments
10.5. Arkema SA (France)
- 10.5.1 Company Overview
- 10.5.2 Company Revenue
- 10.5.3 Products
- 10.5.4 Recent Developments
10.6. Honeywell International Inc. (US)
- 10.6.1 Company Overview
- 10.6.2 Company Revenue
- 10.6.3 Products
- 10.6.4 Recent Developments
10.7. Evonik Industries (Germany)
- 10.7.1 Company Overview
- 10.7.2 Company Revenue
- 10.7.3 Products
- 10.7.4 Recent Developments
10.8. Huntsman Corporation (US)
- 10.8.1 Company Overview
- 10.8.2 Company Revenue
- 10.8.3 Products
- 10.8.4 Recent Developments
10.9. Kraton Orporation (US)
- 10.9.1 Company Overview
- 10.9.2 Company Revenue
- 10.9.3 Products
- 10.9.4 Recent Developments
10.10. Ingevity Corporation(US)
- 10.10.1 Company Overview
- 10.10.2 Company Revenue
- 10.10.3 Products
- 10.10.4 Recent Developments
10.11. BASF SE (Germany)
- 10.11.1 Company Overview
- 10.11.2 Company Revenue
- 10.11.3 Products
- 10.11.4 Recent Developments

Note - In company profiling, financial details and recent developments are subject to availability or might not be covered in the case of private companies