The global Asphalt Additives market was valued at USD 17.40 billion in 2016 and is projected to reach USD 24.77 billion by 2025, growing at a CAGR of 4.0% from 2017 to 2025.
Asphalt additives belong to the class of chemical compounds that are added to asphalt binder to alter the physical characteristics of the final product. The increasing number of highway projects worldwide is expected to boost market demand for asphalt additives. The growing usage of bitumen is expected to be a major threat to market growth.
Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Growing consumption in the construction industry
1.2 Recyclability of asphalt
2. Market Restraints
2.1 Presence of large number of substitutes
2.2 Price volatility of asphalt
Market Segmentation:
The global Asphalt Additives marketis segmented on the basis ofproduct, application, technology, and region.
1. By Product:
1.1 Anti-strip and Adhesion Promoters
1.2 Polymeric Modifiers
1.3 Chemical Modifiers
1.4 Emulsifiers
1.5 Others
2. By Application:
2.1 Roofing
2.2 Airport Construction
2.3 Roofing,
2.4 Paving & Road Construction
2.5 Others
3. By Technology:
3.1 Warm Mix
3.2 Cold Mix
3.3 Hot Mix
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. EI Du Pont De Nemours
2. AkzoNobel NV
3. Arkema SA
4. Evonik
5. Honeywell International
6. Sasol Limited
7. DOW Chemical Company
8. Ingevity Corporation
9. Arrmaz
10. Kraton Corporation
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Asphalt Additives marketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.
1 INTRODUCTION OF GLOBAL ASPHALT ADDITIVES MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL ASPHALT ADDITIVES MARKETOUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
4.5 Regulatory Framework
5 GLOBAL ASPHALT ADDITIVES MARKET, BY PRODUCT
5.1 Overview
5.2 Anti-strip and Adhesion Promoters
5.3 Polymeric Modifiers
5.4 Chemical Modifiers
5.5 Emulsifiers
5.6 Others
6 GLOBAL ASPHALT ADDITIVES MARKET, BY APPLICATION
6.1 Overview
6.2 Roofing
6.3 Airport Construction
6.4 Roofing,
6.5 Paving & Road Construction
6.6 Others
7 GLOBAL ASPHALT ADDITIVES MARKET, BY TECHNOLOGY
7.1 Overview
7.2 Warm Mix
7.3 Cold Mix
7.4 Hot Mix
8 GLOBAL ASPHALT ADDITIVES MARKET, BY GEOGRAPHY
8.1 Overview
8.2 North AmericaRegional Market Estimates and Forecasts, 2012 - 2025
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 EuropeRegional Market Estimates and Forecasts, 2012 - 2025
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Rest of Europe
8.4 Asia PacificRegional Market Estimates and Forecasts, 2012 - 2025
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
8.5 Latin AmericaRegional Market Estimates and Forecasts, 2012 - 2025
8.5.1 Brazil
8.5.2 Argentina
8.6 Rest of the WorldRegional Market Estimates and Forecasts, 2012 â€" 2025
9 GLOBAL ASPHALT ADDITIVES MARKETCOMPETITIVE LANDSCAPE
9.1 Overview
9.2 Company Market Share
9.3 Vendor Landscape
9.4 Key Development Strategies
10 COMPANY PROFILES
10.1 EI Du Pont De Nemours
10.1.1 Overview
10.1.2 Financial Performance
10.1.3 Product Outlook
10.1.4 Key Developments
10.2 AkzoNobel NV
10.2.1 Overview
10.2.2 Financial Performance
10.2.3 Product Outlook
10.2.4 Key Developments
10.3 Arkema SA
10.3.1 Overview
10.3.2 Financial Performance
10.3.3 Product Outlook
10.3.4 Key Developments
10.4 Evonik
10.4.1 Overview
10.4.2 Financial Performance
10.4.3 Product Outlook
10.4.4 Key Developments
10.5 Honeywell International
10.5.1 Overview
10.5.2 Financial Performance
10.5.3 Product Outlook
10.5.4 Key Developments
10.6 Sasol Limited
10.6.1 Overview
10.6.2 Financial Performance
10.6.3 Product Outlook
10.6.4 Key Developments
10.7 DOW Chemical Company
10.7.1 Overview
10.7.2 Financial Performance
10.7.3 Product Outlook
10.7.4 Key Developments
10.8 Ingevity Corporation
10.8.1 Overview
10.8.2 Financial Performance
10.8.3 Product Outlook
10.8.4 Key Developments
10.9 Arrmaz
10.9.1 Overview
10.9.2 Financial Performance
10.9.3 Product Outlook
10.9.4 Key Developments
10.10 Kraton Corporation
10.10.1 Overview
10.10.2 Financial Performance
10.10.3 Product Outlook
10.10.4 Key Developments
11 Appendix
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