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Posted on August 10, 2021
5 min readLast updated: February 18, 2026
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Sustained environment-friendly attributes and increasing investment in the construction industry continue to boost global asphalt additives market demand According to the award winning market research and consulting firm Fact.MR, sustainability will have a larger impact on the strategies of asphalt additives manufacturers in 2021.
The market received a boost due to the recent shift towards the bio-based and recycled asphalt additives. Government and public agencies are focusing more on sustainable and recycled materials, boosting the sales for asphalt additives. Gulf countries to create ample of opportunities for recycled additives to achieve sustainability.
“The market is moderately consolidated in nature. Prominent players like Evonik and Dow Du Pont are expanding their business in Asia-Pacific to boost the sales for asphalt additives,” says a Fact.MR analyst.
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Asphalt Additives Market
Key Takeaways
Prominent Drivers
Key Restraints
Competitive Landscape
Dow Du Pont Inc., Evonik Industries, Nouryon, BASF-LAWSUIT-95e84a04-e252-4d6e-a752-385822505523>BASF SE, Ingevity Corporation, Huntsman Corporation, Arkema SA, Honeywell International Inc., Kraton Corporation and Sasol Limited are some prominent Asphalt additives manufacturers profiled in Fact.MR’s report.
In 2018, a leading key player, Nouryon invested multi-million in the R&D activities and launched two new eco-friendly products Redicote I-249 and Redicote 75TX, paving its way in construction industry.
Prominent players are expanding their business by maintaining the M&A strategies for instance, In May 2019, Golden Gate announced its acquisition by Arkema Group.
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More Valuable Insights on Asphalt Additives Market
Fact.MR, in its new offering, presents an unbiased analysis of the global Asphalt additives market. The study divulges essential insights on the Asphalt additives market on the basis of type (anti-strip additives, bitumen emulsifiers, asphalt cement, polymer modifier, fillers and fibers, rejuvenators, and others), technology (Warm/Hot mix additives, and cold mix additives), application (road construction, runways and parking lots, roofing sector [asphalt shingles], and others), and across six major regions.
Key Questions Covered in the Report
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For More Insights – https://www.accesswire.com/632629/Sustainability-to-have-a-Bigger-Impact-on-Asphalt-Additives-Sales-in-2021-FactMR
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The growth is driven by sustained environment-friendly attributes and increasing investment in the construction industry, along with a shift towards bio-based and recycled asphalt additives.
Prominent players include Dow Du Pont, Evonik Industries, Nouryon, BASF, and Arkema, among others, who are expanding their business in the Asia-Pacific region.
In 2018, Nouryon launched two new eco-friendly products, Redicote I-249 and Redicote 75TX, and has invested significantly in R&D to enhance its offerings.
The market faces challenges due to its moderately consolidated nature and the need for continuous innovation to meet sustainability demands.
Comprehensive insights can be gained by requesting a report sample from Fact.MR, which provides detailed analysis and market trends.
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