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Global Asphalt Chemical Additive Market Research Report 2025
Synopsis
Asphalt chemical additive refers to a substance that is added to asphalt mixtures to improve their performance and durability. These additives can enhance the properties of asphalt such as its adhesion, elasticity, resistance to cracking and weathering, and reduce the amount of rutting and oxidation. These additives are typically organic or inorganic materials, polymers, or chemicals dissolved in a solvent. The type and amount of chemical additives used depend on the specific application and the properties desired in the asphalt mixture.
The global Asphalt Chemical Additive market was valued at US$ 3647 million in 2023 and is anticipated to reach US$ 4443.1 million by 2030, witnessing a CAGR of 3.3% during the forecast period 2024-2030.
Global 5 largest manufacturers of Asphalt Chemical Additive are LCY, Ingevity, Arkema, Sinopec and Kraton, which make up about 30%. Among them, LCY is the leader with about 9% market share.
Asia-Pacific is the largest market, with a share about 57%, followed by Americas and Europe, with share about 23% and 16%. In terms of product type, Polymer Modifiers occupy the largest share of the total market, about 62%. And in terms of product application, the largest application is Road Paving, followed by Roofing.
This report aims to provide a comprehensive presentation of the global market for Asphalt Chemical Additive, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Asphalt Chemical Additive.
Report Scope
The Asphalt Chemical Additive market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Asphalt Chemical Additive market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Asphalt Chemical Additive manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
LCY
Sinopec
Kraton
Dynasol
Sibur
Evonik
Arkema
Cargill
Nouryon
Ingevity
Kao Corporation
Sasol
BASF
Honeywell
LUCOBIT
Dow
Segment by Type
Polymer Modifiers
Anti-Stripping Agents
Emulsifiers
Warm Mix Additives
Others
Segment by Application
Road Paving
Asphalt Concrete Repair
Roofing
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Asphalt Chemical Additive manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Asphalt Chemical Additive by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Asphalt Chemical Additive in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Asphalt chemical additive refers to a substance that is added to asphalt mixtures to improve their performance and durability. These additives can enhance the properties of asphalt such as its adhesion, elasticity, resistance to cracking and weathering, and reduce the amount of rutting and oxidation. These additives are typically organic or inorganic materials, polymers, or chemicals dissolved in a solvent. The type and amount of chemical additives used depend on the specific application and the properties desired in the asphalt mixture.
The global Asphalt Chemical Additive market was valued at US$ 3647 million in 2023 and is anticipated to reach US$ 4443.1 million by 2030, witnessing a CAGR of 3.3% during the forecast period 2024-2030.
Global 5 largest manufacturers of Asphalt Chemical Additive are LCY, Ingevity, Arkema, Sinopec and Kraton, which make up about 30%. Among them, LCY is the leader with about 9% market share.
Asia-Pacific is the largest market, with a share about 57%, followed by Americas and Europe, with share about 23% and 16%. In terms of product type, Polymer Modifiers occupy the largest share of the total market, about 62%. And in terms of product application, the largest application is Road Paving, followed by Roofing.
This report aims to provide a comprehensive presentation of the global market for Asphalt Chemical Additive, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Asphalt Chemical Additive.
Report Scope
The Asphalt Chemical Additive market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Asphalt Chemical Additive market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Asphalt Chemical Additive manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
LCY
Sinopec
Kraton
Dynasol
Sibur
Evonik
Arkema
Cargill
Nouryon
Ingevity
Kao Corporation
Sasol
BASF
Honeywell
LUCOBIT
Dow
Segment by Type
Polymer Modifiers
Anti-Stripping Agents
Emulsifiers
Warm Mix Additives
Others
Segment by Application
Road Paving
Asphalt Concrete Repair
Roofing
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Asphalt Chemical Additive manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Asphalt Chemical Additive by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Asphalt Chemical Additive in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Index1 Asphalt Chemical Additive Market Overview
1.1 Product Definition
1.2 Asphalt Chemical Additive Segment by Type
1.2.1 Global Asphalt Chemical Additive Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Polymer Modifiers
1.2.3 Anti-Stripping Agents
1.2.4 Emulsifiers
1.2.5 Warm Mix Additives
1.2.6 Others
1.3 Asphalt Chemical Additive Segment by Application
1.3.1 Global Asphalt Chemical Additive Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Road Paving
1.3.3 Asphalt Concrete Repair
1.3.4 Roofing
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Asphalt Chemical Additive Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Asphalt Chemical Additive Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Asphalt Chemical Additive Production Estimates and Forecasts (2019-2030)
1.4.4 Global Asphalt Chemical Additive Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Asphalt Chemical Additive Production Market Share by Manufacturers (2019-2024)
2.2 Global Asphalt Chemical Additive Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Asphalt Chemical Additive, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Asphalt Chemical Additive Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Asphalt Chemical Additive Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Asphalt Chemical Additive, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Asphalt Chemical Additive, Product Offered and Application
2.8 Global Key Manufacturers of Asphalt Chemical Additive, Date of Enter into This Industry
2.9 Asphalt Chemical Additive Market Competitive Situation and Trends
2.9.1 Asphalt Chemical Additive Market Concentration Rate
2.9.2 Global 5 and 10 Largest Asphalt Chemical Additive Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Asphalt Chemical Additive Production by Region
3.1 Global Asphalt Chemical Additive Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Asphalt Chemical Additive Production Value by Region (2019-2030)
3.2.1 Global Asphalt Chemical Additive Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Asphalt Chemical Additive by Region (2025-2030)
3.3 Global Asphalt Chemical Additive Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Asphalt Chemical Additive Production by Region (2019-2030)
3.4.1 Global Asphalt Chemical Additive Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Asphalt Chemical Additive by Region (2025-2030)
3.5 Global Asphalt Chemical Additive Market Price Analysis by Region (2019-2024)
3.6 Global Asphalt Chemical Additive Production and Value, Year-over-Year Growth
3.6.1 North America Asphalt Chemical Additive Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Asphalt Chemical Additive Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Asphalt Chemical Additive Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Asphalt Chemical Additive Production Value Estimates and Forecasts (2019-2030)
4 Asphalt Chemical Additive Consumption by Region
4.1 Global Asphalt Chemical Additive Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Asphalt Chemical Additive Consumption by Region (2019-2030)
4.2.1 Global Asphalt Chemical Additive Consumption by Region (2019-2024)
4.2.2 Global Asphalt Chemical Additive Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Asphalt Chemical Additive Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Asphalt Chemical Additive Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Asphalt Chemical Additive Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Asphalt Chemical Additive Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Asphalt Chemical Additive Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Asphalt Chemical Additive Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Asphalt Chemical Additive Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Asphalt Chemical Additive Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Asphalt Chemical Additive Production by Type (2019-2030)
5.1.1 Global Asphalt Chemical Additive Production by Type (2019-2024)
5.1.2 Global Asphalt Chemical Additive Production by Type (2025-2030)
5.1.3 Global Asphalt Chemical Additive Production Market Share by Type (2019-2030)
5.2 Global Asphalt Chemical Additive Production Value by Type (2019-2030)
5.2.1 Global Asphalt Chemical Additive Production Value by Type (2019-2024)
5.2.2 Global Asphalt Chemical Additive Production Value by Type (2025-2030)
5.2.3 Global Asphalt Chemical Additive Production Value Market Share by Type (2019-2030)
5.3 Global Asphalt Chemical Additive Price by Type (2019-2030)
6 Segment by Application
6.1 Global Asphalt Chemical Additive Production by Application (2019-2030)
6.1.1 Global Asphalt Chemical Additive Production by Application (2019-2024)
6.1.2 Global Asphalt Chemical Additive Production by Application (2025-2030)
6.1.3 Global Asphalt Chemical Additive Production Market Share by Application (2019-2030)
6.2 Global Asphalt Chemical Additive Production Value by Application (2019-2030)
6.2.1 Global Asphalt Chemical Additive Production Value by Application (2019-2024)
6.2.2 Global Asphalt Chemical Additive Production Value by Application (2025-2030)
6.2.3 Global Asphalt Chemical Additive Production Value Market Share by Application (2019-2030)
6.3 Global Asphalt Chemical Additive Price by Application (2019-2030)
7 Key Companies Profiled
7.1 LCY
7.1.1 LCY Asphalt Chemical Additive Corporation Information
7.1.2 LCY Asphalt Chemical Additive Product Portfolio
7.1.3 LCY Asphalt Chemical Additive Production, Value, Price and Gross Margin (2019-2024)
7.1.4 LCY Main Business and Markets Served
7.1.5 LCY Recent Developments/Updates
7.2 Sinopec
7.2.1 Sinopec Asphalt Chemical Additive Corporation Information
7.2.2 Sinopec Asphalt Chemical Additive Product Portfolio
7.2.3 Sinopec Asphalt Chemical Additive Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Sinopec Main Business and Markets Served
7.2.5 Sinopec Recent Developments/Updates
7.3 Kraton
7.3.1 Kraton Asphalt Chemical Additive Corporation Information
7.3.2 Kraton Asphalt Chemical Additive Product Portfolio
7.3.3 Kraton Asphalt Chemical Additive Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Kraton Main Business and Markets Served
7.3.5 Kraton Recent Developments/Updates
7.4 Dynasol
7.4.1 Dynasol Asphalt Chemical Additive Corporation Information
7.4.2 Dynasol Asphalt Chemical Additive Product Portfolio
7.4.3 Dynasol Asphalt Chemical Additive Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Dynasol Main Business and Markets Served
7.4.5 Dynasol Recent Developments/Updates
7.5 Sibur
7.5.1 Sibur Asphalt Chemical Additive Corporation Information
7.5.2 Sibur Asphalt Chemical Additive Product Portfolio
7.5.3 Sibur Asphalt Chemical Additive Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Sibur Main Business and Markets Served
7.5.5 Sibur Recent Developments/Updates
7.6 Evonik
7.6.1 Evonik Asphalt Chemical Additive Corporation Information
7.6.2 Evonik Asphalt Chemical Additive Product Portfolio
7.6.3 Evonik Asphalt Chemical Additive Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Evonik Main Business and Markets Served
7.6.5 Evonik Recent Developments/Updates
7.7 Arkema
7.7.1 Arkema Asphalt Chemical Additive Corporation Information
7.7.2 Arkema Asphalt Chemical Additive Product Portfolio
7.7.3 Arkema Asphalt Chemical Additive Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Arkema Main Business and Markets Served
7.7.5 Arkema Recent Developments/Updates
7.8 Cargill
7.8.1 Cargill Asphalt Chemical Additive Corporation Information
7.8.2 Cargill Asphalt Chemical Additive Product Portfolio
7.8.3 Cargill Asphalt Chemical Additive Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Cargill Main Business and Markets Served
7.7.5 Cargill Recent Developments/Updates
7.9 Nouryon
7.9.1 Nouryon Asphalt Chemical Additive Corporation Information
7.9.2 Nouryon Asphalt Chemical Additive Product Portfolio
7.9.3 Nouryon Asphalt Chemical Additive Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Nouryon Main Business and Markets Served
7.9.5 Nouryon Recent Developments/Updates
7.10 Ingevity
7.10.1 Ingevity Asphalt Chemical Additive Corporation Information
7.10.2 Ingevity Asphalt Chemical Additive Product Portfolio
7.10.3 Ingevity Asphalt Chemical Additive Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Ingevity Main Business and Markets Served
7.10.5 Ingevity Recent Developments/Updates
7.11 Kao Corporation
7.11.1 Kao Corporation Asphalt Chemical Additive Corporation Information
7.11.2 Kao Corporation Asphalt Chemical Additive Product Portfolio
7.11.3 Kao Corporation Asphalt Chemical Additive Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Kao Corporation Main Business and Markets Served
7.11.5 Kao Corporation Recent Developments/Updates
7.12 Sasol
7.12.1 Sasol Asphalt Chemical Additive Corporation Information
7.12.2 Sasol Asphalt Chemical Additive Product Portfolio
7.12.3 Sasol Asphalt Chemical Additive Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Sasol Main Business and Markets Served
7.12.5 Sasol Recent Developments/Updates
7.13 BASF
7.13.1 BASF Asphalt Chemical Additive Corporation Information
7.13.2 BASF Asphalt Chemical Additive Product Portfolio
7.13.3 BASF Asphalt Chemical Additive Production, Value, Price and Gross Margin (2019-2024)
7.13.4 BASF Main Business and Markets Served
7.13.5 BASF Recent Developments/Updates
7.14 Honeywell
7.14.1 Honeywell Asphalt Chemical Additive Corporation Information
7.14.2 Honeywell Asphalt Chemical Additive Product Portfolio
7.14.3 Honeywell Asphalt Chemical Additive Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Honeywell Main Business and Markets Served
7.14.5 Honeywell Recent Developments/Updates
7.15 LUCOBIT
7.15.1 LUCOBIT Asphalt Chemical Additive Corporation Information
7.15.2 LUCOBIT Asphalt Chemical Additive Product Portfolio
7.15.3 LUCOBIT Asphalt Chemical Additive Production, Value, Price and Gross Margin (2019-2024)
7.15.4 LUCOBIT Main Business and Markets Served
7.15.5 LUCOBIT Recent Developments/Updates
7.16 Dow
7.16.1 Dow Asphalt Chemical Additive Corporation Information
7.16.2 Dow Asphalt Chemical Additive Product Portfolio
7.16.3 Dow Asphalt Chemical Additive Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Dow Main Business and Markets Served
7.16.5 Dow Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Asphalt Chemical Additive Industry Chain Analysis
8.2 Asphalt Chemical Additive Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Asphalt Chemical Additive Production Mode & Process
8.4 Asphalt Chemical Additive Sales and Marketing
8.4.1 Asphalt Chemical Additive Sales Channels
8.4.2 Asphalt Chemical Additive Distributors
8.5 Asphalt Chemical Additive Customers
9 Asphalt Chemical Additive Market Dynamics
9.1 Asphalt Chemical Additive Industry Trends
9.2 Asphalt Chemical Additive Market Drivers
9.3 Asphalt Chemical Additive Market Challenges
9.4 Asphalt Chemical Additive Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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