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Synopsis
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.
The global Asphalt Additives market size is expected to reach US$ 6319.8 million by 2029, growing at a CAGR of 4.3% from 2023 to 2029. The market is mainly driven by the significant applications of Asphalt Additives in various end use industries. The expanding demands from the Road Construction & Paving, Roofing and Others,, are propelling Asphalt Additives market. Asphalt Modifier, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Antistripping Agent segment is estimated at % CAGR for the next seven-year period.
Evonik, Kraton, DuPont, Arkema and Dow Chemical are the top five of global Asphalt Additives industry, with about 35% market share.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Asphalt Additives, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Asphalt Additives market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Asphalt Additives market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Asphalt Additives sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Asphalt Additives covered in this report include Evonik, Kraton, DuPont, Arkema, Dow Chemical, Akzo Nobel, Huntsman, Berkshire Engineering Supplies and ArrMaz, etc.
The global Asphalt Additives market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
- 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
Global Asphalt Additives market, by region:
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, UK, Italy, etc.)
- Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
- South America (Brazil, etc.)
- Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Asphalt Additives market, Segment by Type:
- Asphalt Modifier
- Antistripping Agent
- Asphalt Emulsifier
- Surfactant Additives
- Foam Stabilizer
- Others
Global Asphalt Additives market, by Application:
- Road Construction & Paving
- Roofing
- Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Asphalt Additives manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Asphalt Additives in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Asphalt Additives Market Overview
1.1 Asphalt Additives Product Overview
1.2 Asphalt Additives Market Segment by Type
1.2.1 Asphalt Modifier
1.2.2 Antistripping Agent
1.2.3 Asphalt Emulsifier
1.2.4 Surfactant Additives
1.2.5 Foam Stabilizer
1.2.6 Others
1.3 Global Asphalt Additives Market Size by Type
1.3.1 Global Asphalt Additives Market Size Overview by Type (2018-2029)
1.3.2 Global Asphalt Additives Historic Market Size Review by Type (2018-2023)
1.3.3 Global Asphalt Additives Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Asphalt Additives Sales Breakdown by Type (2018-2023)
1.4.2 Europe Asphalt Additives Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Asphalt Additives Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Asphalt Additives Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Asphalt Additives Sales Breakdown by Type (2018-2023)
2 Global Asphalt Additives Market Competition by Company
2.1 Global Top Players by Asphalt Additives Sales (2018-2023)
2.2 Global Top Players by Asphalt Additives Revenue (2018-2023)
2.3 Global Top Players by Asphalt Additives Price (2018-2023)
2.4 Global Top Manufacturers Asphalt Additives Manufacturing Base Distribution, Sales Area, Product Type
2.5 Asphalt Additives Market Competitive Situation and Trends
2.5.1 Asphalt Additives Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Asphalt Additives Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Asphalt Additives as of 2022)
2.7 Date of Key Manufacturers Enter into Asphalt Additives Market
2.8 Key Manufacturers Asphalt Additives Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Asphalt Additives Status and Outlook by Region
3.1 Global Asphalt Additives Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Asphalt Additives Historic Market Size by Region
3.2.1 Global Asphalt Additives Sales in Volume by Region (2018-2023)
3.2.2 Global Asphalt Additives Sales in Value by Region (2018-2023)
3.2.3 Global Asphalt Additives Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Asphalt Additives Forecasted Market Size by Region
3.3.1 Global Asphalt Additives Sales in Volume by Region (2024-2029)
3.3.2 Global Asphalt Additives Sales in Value by Region (2024-2029)
3.3.3 Global Asphalt Additives Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Asphalt Additives by Application
4.1 Asphalt Additives Market Segment by Application
4.1.1 Road Construction & Paving
4.1.2 Roofing
4.1.3 Others
4.2 Global Asphalt Additives Market Size by Application
4.2.1 Global Asphalt Additives Market Size Overview by Application (2018-2029)
4.2.2 Global Asphalt Additives Historic Market Size Review by Application (2018-2023)
4.2.3 Global Asphalt Additives Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Asphalt Additives Sales Breakdown by Application (2018-2023)
4.3.2 Europe Asphalt Additives Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Asphalt Additives Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Asphalt Additives Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Asphalt Additives Sales Breakdown by Application (2018-2023)
5 North America Asphalt Additives by Country
5.1 North America Asphalt Additives Historic Market Size by Country
5.1.1 North America Asphalt Additives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Asphalt Additives Sales in Volume by Country (2018-2023)
5.1.3 North America Asphalt Additives Sales in Value by Country (2018-2023)
5.2 North America Asphalt Additives Forecasted Market Size by Country
5.2.1 North America Asphalt Additives Sales in Volume by Country (2024-2029)
5.2.2 North America Asphalt Additives Sales in Value by Country (2024-2029)
6 Europe Asphalt Additives by Country
6.1 Europe Asphalt Additives Historic Market Size by Country
6.1.1 Europe Asphalt Additives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Asphalt Additives Sales in Volume by Country (2018-2023)
6.1.3 Europe Asphalt Additives Sales in Value by Country (2018-2023)
6.2 Europe Asphalt Additives Forecasted Market Size by Country
6.2.1 Europe Asphalt Additives Sales in Volume by Country (2024-2029)
6.2.2 Europe Asphalt Additives Sales in Value by Country (2024-2029)
7 Asia-Pacific Asphalt Additives by Region
7.1 Asia-Pacific Asphalt Additives Historic Market Size by Region
7.1.1 Asia-Pacific Asphalt Additives Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Asphalt Additives Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Asphalt Additives Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Asphalt Additives Forecasted Market Size by Region
7.2.1 Asia-Pacific Asphalt Additives Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Asphalt Additives Sales in Value by Region (2024-2029)
8 Latin America Asphalt Additives by Country
8.1 Latin America Asphalt Additives Historic Market Size by Country
8.1.1 Latin America Asphalt Additives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Asphalt Additives Sales in Volume by Country (2018-2023)
8.1.3 Latin America Asphalt Additives Sales in Value by Country (2018-2023)
8.2 Latin America Asphalt Additives Forecasted Market Size by Country
8.2.1 Latin America Asphalt Additives Sales in Volume by Country (2024-2029)
8.2.2 Latin America Asphalt Additives Sales in Value by Country (2024-2029)
9 Middle East and Africa Asphalt Additives by Country
9.1 Middle East and Africa Asphalt Additives Historic Market Size by Country
9.1.1 Middle East and Africa Asphalt Additives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Asphalt Additives Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Asphalt Additives Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Asphalt Additives Forecasted Market Size by Country
9.2.1 Middle East and Africa Asphalt Additives Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Asphalt Additives Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Evonik
10.1.1 Evonik Company Information
10.1.2 Evonik Introduction and Business Overview
10.1.3 Evonik Asphalt Additives Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Evonik Asphalt Additives Products Offered
10.1.5 Evonik Recent Development
10.2 Kraton
10.2.1 Kraton Company Information
10.2.2 Kraton Introduction and Business Overview
10.2.3 Kraton Asphalt Additives Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Kraton Asphalt Additives Products Offered
10.2.5 Kraton Recent Development
10.3 DuPont
10.3.1 DuPont Company Information
10.3.2 DuPont Introduction and Business Overview
10.3.3 DuPont Asphalt Additives Sales, Revenue and Gross Margin (2018-2023)
10.3.4 DuPont Asphalt Additives Products Offered
10.3.5 DuPont Recent Development
10.4 Arkema
10.4.1 Arkema Company Information
10.4.2 Arkema Introduction and Business Overview
10.4.3 Arkema Asphalt Additives Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Arkema Asphalt Additives Products Offered
10.4.5 Arkema Recent Development
10.5 Dow Chemical
10.5.1 Dow Chemical Company Information
10.5.2 Dow Chemical Introduction and Business Overview
10.5.3 Dow Chemical Asphalt Additives Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Dow Chemical Asphalt Additives Products Offered
10.5.5 Dow Chemical Recent Development
10.6 Akzo Nobel
10.6.1 Akzo Nobel Company Information
10.6.2 Akzo Nobel Introduction and Business Overview
10.6.3 Akzo Nobel Asphalt Additives Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Akzo Nobel Asphalt Additives Products Offered
10.6.5 Akzo Nobel Recent Development
10.7 Huntsman
10.7.1 Huntsman Company Information
10.7.2 Huntsman Introduction and Business Overview
10.7.3 Huntsman Asphalt Additives Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Huntsman Asphalt Additives Products Offered
10.7.5 Huntsman Recent Development
10.8 Berkshire Engineering Supplies
10.8.1 Berkshire Engineering Supplies Company Information
10.8.2 Berkshire Engineering Supplies Introduction and Business Overview
10.8.3 Berkshire Engineering Supplies Asphalt Additives Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Berkshire Engineering Supplies Asphalt Additives Products Offered
10.8.5 Berkshire Engineering Supplies Recent Development
10.9 ArrMaz
10.9.1 ArrMaz Company Information
10.9.2 ArrMaz Introduction and Business Overview
10.9.3 ArrMaz Asphalt Additives Sales, Revenue and Gross Margin (2018-2023)
10.9.4 ArrMaz Asphalt Additives Products Offered
10.9.5 ArrMaz Recent Development
10.10 Kao Corporation
10.10.1 Kao Corporation Company Information
10.10.2 Kao Corporation Introduction and Business Overview
10.10.3 Kao Corporation Asphalt Additives Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Kao Corporation Asphalt Additives Products Offered
10.10.5 Kao Corporation Recent Development
10.11 Engineered Additives
10.11.1 Engineered Additives Company Information
10.11.2 Engineered Additives Introduction and Business Overview
10.11.3 Engineered Additives Asphalt Additives Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Engineered Additives Asphalt Additives Products Offered
10.11.5 Engineered Additives Recent Development
10.12 BASF
10.12.1 BASF Company Information
10.12.2 BASF Introduction and Business Overview
10.12.3 BASF Asphalt Additives Sales, Revenue and Gross Margin (2018-2023)
10.12.4 BASF Asphalt Additives Products Offered
10.12.5 BASF Recent Development
10.13 Sonneborn
10.13.1 Sonneborn Company Information
10.13.2 Sonneborn Introduction and Business Overview
10.13.3 Sonneborn Asphalt Additives Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Sonneborn Asphalt Additives Products Offered
10.13.5 Sonneborn Recent Development
10.14 Honeywell
10.14.1 Honeywell Company Information
10.14.2 Honeywell Introduction and Business Overview
10.14.3 Honeywell Asphalt Additives Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Honeywell Asphalt Additives Products Offered
10.14.5 Honeywell Recent Development
10.15 Ingevity
10.15.1 Ingevity Company Information
10.15.2 Ingevity Introduction and Business Overview
10.15.3 Ingevity Asphalt Additives Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Ingevity Asphalt Additives Products Offered
10.15.5 Ingevity Recent Development
10.16 LUCOBIT
10.16.1 LUCOBIT Company Information
10.16.2 LUCOBIT Introduction and Business Overview
10.16.3 LUCOBIT Asphalt Additives Sales, Revenue and Gross Margin (2018-2023)
10.16.4 LUCOBIT Asphalt Additives Products Offered
10.16.5 LUCOBIT Recent Development
10.17 Sinopec
10.17.1 Sinopec Company Information
10.17.2 Sinopec Introduction and Business Overview
10.17.3 Sinopec Asphalt Additives Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Sinopec Asphalt Additives Products Offered
10.17.5 Sinopec Recent Development
10.18 LCY CHEMICAL CORP
10.18.1 LCY CHEMICAL CORP Company Information
10.18.2 LCY CHEMICAL CORP Introduction and Business Overview
10.18.3 LCY CHEMICAL CORP Asphalt Additives Sales, Revenue and Gross Margin (2018-2023)
10.18.4 LCY CHEMICAL CORP Asphalt Additives Products Offered
10.18.5 LCY CHEMICAL CORP Recent Development
10.19 Jiangsu Jinyang
10.19.1 Jiangsu Jinyang Company Information
10.19.2 Jiangsu Jinyang Introduction and Business Overview
10.19.3 Jiangsu Jinyang Asphalt Additives Sales, Revenue and Gross Margin (2018-2023)
10.19.4 Jiangsu Jinyang Asphalt Additives Products Offered
10.19.5 Jiangsu Jinyang Recent Development
10.20 Zibo bridge lung
10.20.1 Zibo bridge lung Company Information
10.20.2 Zibo bridge lung Introduction and Business Overview
10.20.3 Zibo bridge lung Asphalt Additives Sales, Revenue and Gross Margin (2018-2023)
10.20.4 Zibo bridge lung Asphalt Additives Products Offered
10.20.5 Zibo bridge lung Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Asphalt Additives Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Asphalt Additives Industrial Chain Analysis
11.4 Asphalt Additives Market Dynamics
11.4.1 Asphalt Additives Industry Trends
11.4.2 Asphalt Additives Market Drivers
11.4.3 Asphalt Additives Market Challenges
11.4.4 Asphalt Additives Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Asphalt Additives Distributors
12.3 Asphalt Additives Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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