The Asphalt Additives Market is expected to grow significantly by 2027, driven by key players like Evonik and Kraton. The report covers market trends, segmentation, and regional analysis.
Asphalt Additives MarketResearch Report is a Proficient and In-Depth Study on the Existing State of Asphalt Additives Industry. This Report Focuses on the Major Drivers, Restraints, Opportunities and Threats for Key Players. It also Provides Granular Analysis of Market Share, Segmentation, Revenue Forecasts, and Regional Analysis till 2027.
Scope of Global Asphalt Additives Market Report
Asphalt is a black or brown material like petroleum which has a density fluctuating from viscous liquid to glassy solid. It consists of compounds of hydrogen and carbon with minor proportions of sulphur, nitrogen and oxygen.
Global Asphalt Additives Market is valued atUSD 3415.6 Million in 2020and expected to reachUSD 5349.8 Million by 2027with aCAGR of 6.62%overthe forecast period.
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The Asphalt additives are the substances like many other substances that can be added to the asphalt binder to alter the characteristics of the final blend of hot mix asphalt (HMA). These asphalt additives of highest quality are used for increasing the adhesion between asphalt cements & aggregates and improve concrete performance through reduced pavement rutting and moisture-induced damage. These additives are also used as a sprayed, thin membrane, coated with earth for protection against weathering and production damage or thicker surfaces, regularly including crushed rock.
Important years considered in the study are:
Historical year – 2015-2020; Base year – 2020; forecast period – 2021 to 2027
Segmentation Analysis:
By Types:
By Application:
Geographically, this report split global into several key Regions, revenue (Million USD) The geography (North America, Europe, Asia-Pacific, Latin America and Middle East & Africa) focusing on key countries in each region. It also covers market drivers, restraints, opportunities, challenges, and key issues in Global Post-Consumer Asphalt Additives Market.
Some of the key players/Manufacturers involved in the Market are:
The key players of global asphalt additives market are such as Evonik, Kraton, DowDuPont, Arkema, 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 and others.
Key Benefits for Asphalt Additives Market Reports
The analysis provides an exhaustive investigation of the global Post-Consumer Asphalt Additives market together with the future projections to assess the investment feasibility. Furthermore, the report includes both quantitative and qualitative analyses of the Post-Consumer Asphalt Additives market throughout the forecast period. The report also comprehends business opportunities and scope for expansion. Besides this, it provides insights into market threats or barriers and the impact of regulatory framework to give an executive-level blueprint the Post-Consumer Asphalt Additives market. This is done with an aim of helping companies in
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Key Benefits for Industry Participants & Stakeholders
Table of Content
1.1. Research Process
1.2. Primary Research
1.3. Secondary Research
1.4. Market Size Estimates
1.5. Data Triangulation
1.6. Forecast Model
1.7. USP’s of Report
1.8. Report Description
2.1. Market Introduction
2.2. Executive Summary
2.3. Global Asphalt Additives Market Classification
2.4. Market Drivers
2.5. Market Restraints
2.6. Market Opportunity
2.7. Asphalt Additives Market: Trends
2.8. Porter’s Five Forces Analysis
2.9. Market Attractiveness Analysis
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The article focuses on the Asphalt Additives Market, its size, trends, and forecasts from 2021 to 2027.
Key players include Evonik, Kraton, DowDuPont, Arkema, and Akzo Nobel.
The market is expected to reach USD 5349.8 Million by 2027 with a CAGR of 6.62%.
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