Published by Coherent Market Insights
Posted on October 10, 2021
3 min readLast updated: January 29, 2026
The Asphalt Additives Market is set to grow from USD 3.4 billion in 2021 to USD 4.7 billion by 2026, driven by infrastructure needs and regulatory support.
The asphalt additive market is projected to grow from USD 3.4 billion in 2021 to USD 4.7 billion by 2026, at a CAGR of 6.8% from 2021 to 2026
Asphalt additives are chemicals or substances that are added to asphalt to modify the final outcome of asphalt binder. Asphalt additives are materials that enhance the adhesive force between aggregates and asphalt cements preventing cracking, unraveling and deformation. Asphalt additives offers various advantages such as improved pavement performance, rutting resistance, reduced thermal cracking, reduced moisture damage and stripping resistance.
Coherent Market Insights have included a latest addition of global market research report titled Asphalt Additives Market to its expansive repository. The report studies primary and secondary research in order to analyze the data effectively.
Top Key Players in Asphalt Additives market: Evonik, Tr Chem Industries, DuPont Evalay, MeadWestvaco Corporation, Akzo Nobel, Kao Corporation, Delta Companies and Arr. Maz CalPortland, AkzoNobel N.V., Tri-Chem Industries, Ingevity, E. I. du Pont de Nemours and Company, Evonik Industries AG, Huntsman International LLC, Kao Corporation, Honeywell International Inc.
The scope of the Report:
The report segments the global Asphalt Additives Market based on application, type, service, technology, and region. Each chapter under this segmentation allows readers to grasp the nitty-gritty of the market. A magnified look at the segment-based analysis is aimed at giving the readers a closer look at the opportunities and threats in the market. It also addresses political scenarios that are expected to impact the market in both small and big ways. The report on the global Asphalt Additives Market examines changing regulatory scenarios to make accurate projections about potential investments. It also evaluates the risk for new entrants and the intensity of the competitive rivalry.
Asphalt Additives Market Outlook – Need for Increasing Road Infrastructure to be the Major Market Driver.
Advances in bio-based additives such as bio asphalt binder and lignifame are expected to create opportunities for global asphalt additives market. Global market growth is assisted by rules and regulations implemented by Government agencies such as Environmental Protection Agency, which are favoring these additives. Harsh environmental factors such as rain or heat and excessive traffic load are hampering the global asphalt additives market growth. Poor quality of material used for construction and low awareness of performance enhancing asphalt additives are predicated to slow down the global market growth.
Key Development
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The post Asphalt Additives market with the coming Next 5 Years To Witness An Upswing appeared first on Gatorledger.
The article discusses the growth and trends in the Asphalt Additives Market from 2021 to 2026.
Increasing road infrastructure needs and government regulations are major drivers.
Challenges include harsh environmental factors and poor material quality.
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