May 11, 2020

Asphalt Additive Market Shows Strong Growth with Leading Players | KRATON CORPORATION, Sasol

Asphalt Additive Market Asphalt is the thick black brown coloured substance made up of heavy hydrocarbons. It is derived from crude after application of refining processes. Additives are the constituents which are added in order to change the composition or properties of a substance. Asphalt additives consist of wide applications including improving the heat stability, increases elasticity, decreases viscosity and others. Moreover, factors such as adoption of asphalt additives for the development of infrastructure and reduction in damage caused by environment enhancing the asphalt additive market.

Market Drivers:

Government initiatives and funding for infrastructure projects in developed and developing countries is driving the market growth

Rising global construction industry is the major factor driving the growth of the market

Growing demand for asphalt additives for roofing applications is boosting the market growth

Market Restraints:

Concrete and bioasphalt are used as a substitute for asphalt which is hindering the market growth

Fluctuation in prices may act as a restraint to this market

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Some of the leading key players profiled in this study:

Few of the major competitors currently working in the global asphalt additive market are Nouryon, DowDuPont de Nemours Inc, Arkema, Honeywell International Inc, Evonik Industries, Huntsman International LLC, KRATON CORPORATION, Sasol, Ingevity, ArrMaz, BASF SE, KAO CORPORATION, Akzo Nobel N.V., Berkshire Engineering, Engineered Additives LLC, Royal Dutch Shell, Owens Corning and others.

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Key Pointers Covered in the Asphalt Additive Market Trends and Forecast to 2026

•                    Asphalt Additive Market New Sales Volumes

•                    Asphalt Additive Market Replacement Sales Volumes

•                    Asphalt Additive Market Installed Base

•                    Asphalt Additive Market By Brands

•                    Asphalt Additive Market Size

•                    Asphalt Additive Market Procedure Volumes

•                    Asphalt Additive Market Product Price Analysis

•                    Asphalt Additive Market Healthcare Outcomes

•                    Asphalt Additive Market Cost of Care Analysis

•                    Asphalt Additive Market Regulatory Framework and Changes

•                    Asphalt Additive Market Prices and Reimbursement Analysis

•                    Asphalt Additive Market Shares in Different Regions

•                    Recent Developments for Asphalt Additive Market Competitors

•                    Asphalt Additive Market Upcoming Applications

•                    Asphalt Additive Market Innovators Study

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Scope of the Asphalt Additive Market

·         Current and future of Asphalt Additive Market outlook in the developed and emerging markets

·         The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period

·         Regions/Countries that are expected to witness the fastest growth rates during the forecast period

·         The latest developments, market shares, and strategies that are employed by the major market players

Global Asphalt Additive Market By Type (Polymeric Modifiers, Anti-Strip & Adhesion Promoters, Emulsifiers, Rejuvenators, Chemical Modifiers , Fibers, Flux Oil, Colored Asphalt and Others), Applications (Road Construction & Paving, Roofing, Airport Construction and Others), Technology (Hot Mix, Cold Mix, Warm Mix), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

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