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Asphalt Additives Market by Type (Polymerized Asphalt Cement, Novophalt, Multigrade Asphalt Cement, Polyester Modifier and Others) and Application (Road Construction, Road Paving, Airport Runway, Parking Lots, Roofing and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027

A00481
Pages: 314
May 2020 | 7885 Views
 
Author(s) : Anil Chaudhary , Eswara Prasad
Tables: 171
Charts: 70
 

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Asphalt Additives Market Outlook - 2027

The global asphalt additives market was valued at $3.6 billion in 2019, and is projected to reach $5.3 billion by 2027, growing at a CAGR of 5.1% from 2020 to 2027.

Asphalt mixed together with concrete elements to obtain asphalt concrete is known as asphalt additive. Asphalt additive is used as an adhesive in road construction. The asphalt additives are also used as waterproofing materials. Asphalt additives help in reducing life cycle costs, stripping, cracking, permanent deformation, raveling, and pavement thickness.

Infographics_Asphalt Additives Market 2020-2027

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The growth of the asphalt additives market is majorly driven by increase in road and building construction activities across the developing countries such as India and China. Construction of various national highways, expressways, and airport runways boosts the demand for asphalt additives across these countries. In addition, rise in investments by the government of these countries for the development of national highways and expressways across the countryand development of road network in rural areas for providing last mile connectivity, is anticipated to drive the growth of the asphalt additives market. Furthermore, bitumen is widely used in the construction industry for roofs, owing to its physical properties such as adhesion, resistance to water, hardness, ductility, and higher softening point. Therefore, rise in the construction industry due to growth in population across the cities and demand for new houses led to increase in demand across the developing economies. In addition, government initiatives such as Pradhan MantriAwasYojana (PMAY) launched by Government of India that includes construction of houses for poor people living in both rural and urban areas is expected to increase the demand for asphalt additives; thereby, driving the growth of the global market.

However, changing regulatory environment coupled with low consumer awareness can hamper the growth of market. On the contrary, increase in demand for asphalt additives from the emerging economies as well as rise in awareness about energy conservation and sustainable infrastructure are expected to offer remunerative opportunities for asphalt additives market growth in the near future.

The global asphalt additives market size is segmented into type, application, and region. On the basis of type, the market is categorized into polymerized asphalt cement, novophalt, multigrade asphalt cement, polyester modifier and others. The applications covered in the study comprise road construction, road paving, airport runway, parking lots, roofing and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific and LAMEA. 

The major key players operating in the global asphalt additives industry include Arkema Group, Akzo Nobel N.V., Evonik Industries AG, Honeywell International Inc, Huntsman International LLC, Ingevity, KAO Corporation, Nouryon, Sasol, and Tri-Chem Specialty Chemicals, LLC. Other players operating in this market include Bershire Engineering Supplies, Kraton, BASF SE, Engineered Addtives LLC and Delta Companies Inc.These major key players are adopting different strategies such as joint venture, agreement, and business expansion to stay competitive in the global market.

Global Asphalt Additives Market, By Region

Asia-Pacific accounted for a major market share in 2019 in the global asphalt additives market, owing togrowth of the real estate sector in China and India. This is a key factor driving the Asia-Pacific asphalt additives market. Road construction, road paving, and roofing are the main segments dominating the other segments due to unremitting growth of urban demographic and better infrastructure. The growing construction industry along with government initiatives for improvement of roads in various economies such as India and China in the region drives the demand for asphalt additives in Asia-Pacific. In addition, huge investments from multinational companies in the high growth potential economies of the region is also a major factor posing bright opportunities for the Asia-Pacific asphalt additives market. Increasing ownership of automobiles coupled with increasing government investment in the infrastructural development drives the growth of the market.

Asphalt Additives Market
By Region

2027
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific would exhibit an CAGR of 5.6% during 2019-2027.

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Global Asphalt Additives Market, By Type

Polymerized Asphalt Cement segment accounted for amajor share in 2019 in the asphalt additives market.Addition of polymerized asphalt cement to the paving-grade asphalt is carried out during the first stage of road construction. Mixing is achieved by using a mechanical impeller or mixer. CRS-2P is the most commonly used polymerized asphalt cement grade. In addition, various companies use polymerized asphalt cement in road maintenance and repair activities to renovate previously constructed roads. During the analysis period, Asia-Pacific is expected to havethe highest utilization rate for polymerized asphalt cement,owing to the presence of large number of infrastructure projects.The increasing importance of polymerized asphalt cement in providing strength, durability, finishing, and workability to the final road block is expected to provide growth opportunity in the global asphalt additives market. Moreover, availability of various grades with a wide price range helps consumers to choose their products accordingly.    

Asphalt Additives Market
By Type

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Polymerized Asphalt Cement is projected as the most lucrative segment.

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Global Asphalt Additives Market, By Application

Depending on application, theroad construction segment accounted for a major asphalt additivesmarket share in 2019.Owing to perennial urbanization, efficient roads are currently in high demand across the globe. Construction firms have initiated road development projects using high grade construction materials including asphalt additives, to provide improved structural integrity and sustainability of roads. Asia-Pacific and LAMEA regions are forerunners in these ventures, due to the high urban displacement. Construction of new roads along with road maintenance and repair projects in emerging economies provides promising opportunities for the growth of market. Rapid urbanization and demographic shifts are some of the driving factors of the market and are anticipated to drive the growth of asphalt additives market during the forecast period 2020-2027.

Asphalt Additives Market
By Application

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Road Construction is projected as the most lucrative segment.

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Key Benefits For Stakeholders

  • The global asphalt additives market analysis covers in-depth information of major industry participants.

  • Porter’s five forces analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.

  • Majorcountries have been mapped according to their individual revenue contribution to the regional market.

  • The report provides an in-depth analysis of the global asphalt additives market forecast for the period 2020–2027.

  • The report outlines the current global asphalt additives market trends and future estimations of the global asphalt additives market from 2019 to 2027 to understand the prevailing opportunities and potential investment pockets. 

  • The key drivers, restraints, and global asphalt additives market opportunity and their detailed impact analysis is elucidated in the study.

Key Market Segments

By Type

  • Polymerized Asphalt Cement
  • Novophalt
  • Multigrade Asphalt Cement
  • Polyester Modifier
  • Others

By Application

  • Road Construction
  • Road Paving
  • Airport Runway
  • Parking Lots
  • Roofing
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Russia
    • Germany
    • France
    • Turkey
    • UK
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Secondary research
1.4.2.Primary research

1.5.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top investment pockets

3.3.Porter’s five forces analysis
3.4.Patent analysis
3.5.Impact of government regulations on global asphalt additives market
3.6.Market dynamics

3.6.1.Drivers

3.6.1.1.Rising demand for asphalt from road construction industry
3.6.1.2.Growing conformity with latest manufacturing standards
3.6.1.3.Rapid urbanization

3.6.2.Restraints

3.6.2.1.Low consumer awareness
3.6.2.2.Changing regulatory environment

3.6.3.Opportunities

3.6.3.1.Increase in demand from emerging economies
3.6.3.2.Growing awareness regarding energy conservation & sustainable infrastructure

CHAPTER 4:ASPHALT ADDITIVES MARKET, BY TYPE

4.1.Overview

4.1.1.Market size and forecast

4.2.Polymerized Asphalt Cement

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market share analysis, by country

4.3.Novophalt

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market share analysis, by country

4.4.Multigrade Asphalt Cement

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market share analysis, by country

4.5.Polyester Modifier

4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast, by region
4.5.3.Market share analysis, by country

4.6.Others

4.6.1.Key market trends, growth factors, and opportunities
4.6.2.Market size and forecast, by region
4.6.3.Market share analysis, by country

CHAPTER 5:ASPHALT ADDITIVES MARKET, BY APPLICATION

5.1.Overview

5.1.1.Market size and forecast

5.2.Road Construction

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market share analysis, by country

5.3.Road Paving

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market share analysis, by country

5.4.Airport Runway

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market share analysis, by country

5.5.Parking Lots

5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by region
5.5.3.Market share analysis, by country

5.6.Roofing

5.6.1.Key market trends, growth factors, and opportunities
5.6.2.Market size and forecast, by region

5.6.3.Market share analysis, by country

5.7.Others

5.7.1.Key market trends, growth factors, and opportunities
5.7.2.Market size and forecast, by region
5.7.3.Market share analysis, by country

CHAPTER 6:ASPHALT ADDITIVES MARKET, BY REGION

6.1.Overview

6.1.1.Market size and forecast

6.2.North America

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by type
6.2.3.Market size and forecast, by application
6.2.4.Market share analysis, by country
6.2.5.U.S.

6.2.5.1.Market size and forecast, by type
6.2.5.2.Market size and forecast, by application

6.2.6.Canada

6.2.6.1.Market size and forecast, by type
6.2.6.2.Market size and forecast, by application

6.2.7.Mexico

6.2.7.1.Market size and forecast, by type
6.2.7.2.Market size and forecast, by application

6.3.Europe

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by type
6.3.3.Market size and forecast, by application
6.3.4.Market share analysis, by country
6.3.5.Russia

6.3.5.1.Market size and forecast, by type
6.3.5.2.Market size and forecast, by application

6.3.6.Germany

6.3.6.1.Market size and forecast, by type
6.3.6.2.Market size and forecast, by application

6.3.7.France

6.3.7.1.Market size and forecast, by type
6.3.7.2.Market size and forecast, by application

6.3.8.Turkey

6.3.8.1.Market size and forecast, by type
6.3.8.2.Market size and forecast, by application

6.3.9.UK

6.3.9.1.Market size and forecast, by type
6.3.9.2.Market size and forecast, by application

6.3.10.Rest of Europe

6.3.10.1.Market size and forecast, by type
6.3.10.2.Market size and forecast, by application

6.4.Asia-Pacific

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by type
6.4.3.Market size and forecast, by application
6.4.4.Market share analysis, by country
6.4.5.China

6.4.5.1.Market size and forecast, by type
6.4.5.2.Market size and forecast, by application

6.4.6.Japan

6.4.6.1.Market size and forecast, by type
6.4.6.2.Market size and forecast, by application

6.4.7.South Korea

6.4.7.1.Market size and forecast, by type
6.4.7.2.Market size and forecast, by application

6.4.8.India

6.4.8.1.Market size and forecast, by type
6.4.8.2.Market size and forecast, by application

6.4.9.Australia

6.4.9.1.Market size and forecast, by type
6.4.9.2.Market size and forecast, by application

6.4.10.Rest of Asia-Pacific

6.4.10.1.Market size and forecast, by type
6.4.10.2.Market size and forecast, by application

6.5.LAMEA

6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by type
6.5.3.Market size and forecast, by application
6.5.4.Market share analysis, by country
6.5.5.Brazil

6.5.5.1.Market size and forecast, by type
6.5.5.2.Market size and forecast, by application

6.5.6.Saudi Arabia

6.5.6.1.Market size and forecast, by type
6.5.6.2.Market size and forecast, by application

6.5.7.South Africa

6.5.7.1.Market size and forecast, by type
6.5.7.2.Market size and forecast, by application

6.5.8.Rest of LAMEA

6.5.8.1.Market size and forecast, by type
6.5.8.2.Market size and forecast, by application

CHAPTER 7:COMPETITIVE LANDSCAPE

7.1.Introduction

7.1.1.Market player positioning, 2019

7.2.Product mapping of top 10 player
7.3.Competitive heatmap
7.4.Key developments

7.4.1.Product Launch
7.4.2.Acquisition
7.4.3.Business Expansion

CHAPTER 8:COMPANY PROFILES:

8.1.ARKEMA GROUP

8.1.1.Company overview
8.1.2.Company snapshot
8.1.3.Operating business segments

8.1.4.Product portfolio
8.1.5.Business performance
8.1.6.Key strategic moves and developments

8.2.Akzo Nobel N.V.

8.2.1.Company overview
8.2.2.Company snapshot
8.2.3.Operating business segments
8.2.4.Product portfolio
8.2.5.Business performance

8.3.Evonik Industries AG

8.3.1.Company overview
8.3.2.Company snapshot
8.3.3.Operating business segments
8.3.4.Product portfolio
8.3.5.Business performance

8.4.Honeywell International Inc.

8.4.1.Company overview
8.4.2.Company snapshot
8.4.3.Operating business segments
8.4.4.Product portfolio
8.4.5.Business performance

8.5.Huntsman International LLC

8.5.1.Company overview
8.5.2.Company snapshot
8.5.3.Operating business segments
8.5.4.Product portfolio
8.5.5.Business performance

8.6.Ingevity

8.6.1.Company overview
8.6.2.Company snapshot
8.6.3.Operating business segments
8.6.4.Product portfolio
8.6.5.Business performance
8.6.6.Key strategic moves and developments

8.7.KAO Corporation

8.7.1.Company overview
8.7.2.Company snapshot
8.7.3.Operating business segments
8.7.4.Product portfolio
8.7.5.Business performance

8.8.Nouryon

8.8.1.Company overview
8.8.2.Company snapshot
8.8.3.Operating business segments
8.8.4.Product portfolio
8.8.5.Key strategic moves and developments

8.9.SASOL

8.9.1.Company overview
8.9.2.Company snapshot
8.9.3.Operating business segments
8.9.4.Product portfolio
8.9.5.Business performance
8.9.6.Key strategic moves and developments

8.10.Tri-Chem Specialty Chemicals, LLC

8.10.1.Company overview
8.10.2.Company snapshot
8.10.3.Product portfolio

8.11.Other key players profile

8.11.1.Key player competitive heat map

LIST OF TABLES

TABLE 01.GLOBAL ASPHALT ADDITIVES MARKET, BY TYPE, 2019–2027 (KILOTONS)
TABLE 02.GLOBAL ASPHALT ADDITIVES MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 03.ASPHALT ADDTIVES MARKET FOR POLYMERIZED ASPHALT CEMENT, BY REGION, 2019–2027 (KILOTONS)
TABLE 04.ASPHALT ADDTIVES MARKET FOR POLYMERIZED ASPHALT CEMENT, BY REGION, 2019–2027 ($MILLION)
TABLE 05.ASPHALT ADDTIVES MARKET FOR NOVOPHALT, BY REGION, 2019–2027 (KILOTONS)
TABLE 06.ASPHALT ADDTIVES MARKET FOR NOVOPHALT, BY REGION, 2019–2027 ($MILLION)
TABLE 07.ASPHALT ADDTIVES MARKET FOR MULTIGRADE ASPHALT CEMENT, BY REGION, 2019–2027 (KILOTONS)
TABLE 08.ASPHALT ADDTIVES MARKET FOR MULTIGRADE ASPHALT CEMENT, BY REGION, 2019–2027 ($MILLION)
TABLE 09.ASPHALT ADDTIVES MARKET FOR POLYESTER MODIFIER, BY REGION, 2019–2027 (KILOTONS)
TABLE 10.ASPHALT ADDTIVES MARKET FOR POLYESTER MODIFIER, BY REGION, 2019–2027 ($MILLION)
TABLE 11.ASPHALT ADDTIVES MARKET FOR OTHERS, BY REGION, 2019–2027 (KILOTONS)
TABLE 12.ASPHALT ADDTIVES MARKET FOR OTHERS, BY REGION, 2019–2027 ($MILLION)
TABLE 13.GLOBAL ASPHALT ADDITIVES MARKET, BY APPLICATION, 2019–2027 (KILOTONS)
TABLE 14.GLOBAL ASPHALT ADDITIVES MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 15.ASPHALT ADDTIVES MARKET FOR ROAD CONSTRUCTION, BY REGION, 2019–2027 (KILOTONS)
TABLE 16.ASPHALT ADDTIVES MARKET FOR ROAD CONSTRUCTION, BY REGION, 2019–2027 ($MILLION)
TABLE 17.ASPHALT ADDTIVES MARKET FOR ROAD PAVING, BY REGION, 2019–2027 (KILOTONS)
TABLE 18.ASPHALT ADDTIVES MARKET FOR ROAD PAVING, BY REGION, 2019–2027 ($MILLION)
TABLE 19.ASPHALT ADDTIVES MARKET FOR AIRPORT RUNWAY, BY REGION, 2019–2027 (KILOTONS)
TABLE 20.ASPHALT ADDTIVES MARKET FOR AIRPORT RUNWAY, BY REGION, 2019–2027 ($MILLION)
TABLE 21.ASPHALT ADDTIVES MARKET FOR PARKING LOTS, BY REGION, 2019–2027 (KILOTONS)
TABLE 22.ASPHALT ADDTIVES MARKET FOR PARKING LOTS, BY REGION, 2019–2027 ($MILLION)
TABLE 23.ASPHALT ADDTIVES MARKET FOR ROOFING, BY REGION, 2019–2027 (KILOTONS)
TABLE 24.ASPHALT ADDTIVES MARKET FOR ROOFING, BY REGION, 2019–2027 ($MILLION)
TABLE 25.ASPHALT ADDTIVES MARKET FOR OTHERS, BY REGION, 2019–2027 (KILOTONS)
TABLE 26.ASPHALT ADDTIVES MARKET FOR OTHERS, BY REGION, 2019–2027 ($MILLION)
TABLE 27.ASPHALT ADDITIVES MARKET, BY REGION, 2019-2027 (KILOTONS)
TABLE 28.ASPHALT ADDITIVES MARKET, BY REGION, 2019-2027 ($MILLION)
TABLE 29.NORTH AMERICA ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 (KILOTONS)
TABLE 30.NORTH AMERICA ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 31.NORTH AMERICA ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 (KILOTONS)
TABLE 32.NORTH AMERICA ASPHALT ADDITIVES MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 33.NORTH AMERICA ASPHALT ADDITIVES MARKET, BY COUNTRY, 2019-2027 (KILOTONS)
TABLE 34.NORTH AMERICA ASPHALT ADDITIVES MARKET, BY COUNTRY, 2019-2027 ($MILLION)
TABLE 35.U.S. ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 (KILOTONS)
TABLE 36.U.S. ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 ($MILLIONS)
TABLE 37.U.S. ASPHALT ADDITIVES MARKET, BY APPLICATION, 2019-2027 (KILOTONS)
TABLE 38.U.S. ASPHALT ADDITIVES MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 39.CANADA ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 (KILOTONS)
TABLE 40.CANADA ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 ($MILLIONS)
TABLE 41.CANADA ASPHALT ADDITIVES MARKET, BY APPLICATION, 2019-2027 (KILOTONS)
TABLE 42.CANADA ASPHALT ADDITIVES MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 43.MEXICO ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 (KILOTONS)
TABLE 44.MEXICO ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 ($MILLION))
TABLE 45.MEXICO ASPHALT ADDITIVES MARKET, BY APPLICATION, 2019-2027 (KILOTONS)
TABLE 46.MEXICO ASPHALT ADDITIVES MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 47.EUROPE ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 (KILOTONS)
TABLE 48.EUROPE ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 49.EUROPE ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 (KILOTONS)
TABLE 50.EUROPE ASPHALT ADDITIVES MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 51.EUROPE ASPHALT ADDITIVES MARKET, BY COUNTRY, 2019-2027 (KILOTONS)
TABLE 52.EUROPE ASPHALT ADDITIVES MARKET, BY COUNTRY, 2019-2027 ($MILLION)
TABLE 53.RUSSIA ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 (KILOTONS)
TABLE 54.RUSSIA ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 ($MILLIONS)
TABLE 55.RUSSIA ASPHALT ADDITIVES MARKET, BY APPLICATION, 2019-2027 (KILOTONS)
TABLE 56.RUSSIA ASPHALT ADDITIVES MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 57.GERMANY ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 (KILOTONS)
TABLE 58.GERMANY ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 ($MILLIONS)
TABLE 59.GERMANY ASPHALT ADDITIVES MARKET, BY APPLICATION, 2019-2027 (KILOTONS)
TABLE 60.GERMANY ASPHALT ADDITIVES MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 61.FRANCE ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 (KILOTONS)
TABLE 62.FRANCE ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 ($MILLIONS)
TABLE 63.FRANCE ASPHALT ADDITIVES MARKET, BY APPLICATION, 2019-2027 (KILOTONS)
TABLE 64.FRANCE ASPHALT ADDITIVES MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 65.TURKEY ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 (KILOTONS)
TABLE 66.TURKEY ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 ($MILLIONS)
TABLE 67.TURKEY ASPHALT ADDITIVES MARKET, BY APPLICATION, 2019-2027 (KILOTONS)
TABLE 68.TURKEY ASPHALT ADDITIVES MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 69.UK ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 (KILOTONS)
TABLE 70.UK ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 ($MILLIONS)
TABLE 71.UK ASPHALT ADDITIVES MARKET, BY APPLICATION, 2019-2027 (KILOTONS)
TABLE 72.UK ASPHALT ADDITIVES MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 73.REST OF EUROPE ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 (KILOTONS)
TABLE 74.REST OF EUROPE ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 ($MILLIONS)
TABLE 75.REST OF EUROPE ASPHALT ADDITIVES MARKET, BY APPLICATION, 2019-2027 (KILOTONS)
TABLE 76.REST OF EUROPE ASPHALT ADDITIVES MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 77.ASIA-PACIFIC ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 (KILOTONS)
TABLE 78.ASIA-PACIFIC ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 79.ASIA-PACIFIC ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 (KILOTONS)
TABLE 80.ASIA-PACIFIC ASPHALT ADDITIVES MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 81.ASIA-PACIFIC ASPHALT ADDITIVES MARKET, BY COUNTRY, 2019-2027 (KILOTONS)
TABLE 82.ASIA-PACIFIC ASPHALT ADDITIVES MARKET, BY COUNTRY, 2019-2027 ($MILLION)
TABLE 83.CHINA ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 (KILOTONS)
TABLE 84.CHINA ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 ($MILLIONS)
TABLE 85.CHINAASPHALT ADDITIVES MARKET, BY APPLICATION, 2019-2027 (KILOTONS)
TABLE 86.CHINA ASPHALT ADDITIVES MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 87.JAPAN ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 (KILOTONS)
TABLE 88.JAPAN ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 ($MILLIONS)
TABLE 89.JAPAN ASPHALT ADDITIVES MARKET, BY APPLICATION, 2019-2027 (KILOTONS)
TABLE 90.JAPAN ASPHALT ADDITIVES MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 91.SOUTH KOREA ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 (KILOTONS)
TABLE 92.SOUTH KOREA ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 ($MILLIONS)
TABLE 93.SOUTH KOREA ASPHALT ADDITIVES MARKET, BY APPLICATION, 2019-2027 (KILOTONS)
TABLE 94.SOUTH KOREA ASPHALT ADDITIVES MARKET, BY APPLICATION, 2019-2027 ($MILLIONS)
TABLE 95.INDIA ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 (KILOTONS)
TABLE 96.INDIA ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 ($MILLIONS)
TABLE 97.INDIA ASPHALT ADDITIVES MARKET, BY APPLICATION, 2019-2027 (KILOTONS)
TABLE 98.INDIA ASPHALT ADDITIVES MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 99.AUSTRALIA ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 (KILOTONS)
TABLE 100.AUSTRALIA ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 ($MILLIONS)
TABLE 101.AUSTRALIA ASPHALT ADDITIVES MARKET, BY APPLICATION, 2019-2027 (KILOTONS)
TABLE 102.AUSTRALIA ASPHALT ADDITIVES MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 103.REST OF ASIA-PACIFIC ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 (KILOTONS)
TABLE 104.REST OF ASIA-PACIFIC ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 ($MILLIONS)
TABLE 105.REST OF ASIA-PACIFIC ASPHALT ADDITIVES MARKET, BY APPLICATION, 2019-2027 (KILOTONS)
TABLE 106.REST OF ASIA-PACIFIC ASPHALT ADDITIVES MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 107.LAMEA ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 (KILOTONS)
TABLE 108.LAMEA ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 109.LAMEA ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 (KILOTONS)
TABLE 110.LAMEA ASPHALT ADDITIVES MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 111.LAMEA ASPHALT ADDITIVES MARKET, BY COUNTRY, 2019-2027 (KILOTONS)
TABLE 112.LAMEA ASPHALT ADDITIVES MARKET, BY COUNTRY, 2019-2027 ($MILLION)
TABLE 113.BRAZIL ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 (KILOTONS)
TABLE 114.BRAZIL ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 ($MILLIONS)
TABLE 115.BRAZIL ASPHALT ADDITIVES MARKET, BY APPLICATION, 2019-2027 (KILOTONS)
TABLE 116.BRAZIL ASPHALT ADDITIVES MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 117.SAUDI ARABIA ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 (KILOTONS)
TABLE 118.SAUDI ARABIA ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 ($MILLIONS)
TABLE 119.SAUDI ARABIA ASPHALT ADDITIVES MARKET, BY APPLICATION, 2019-2027 (KILOTONS)
TABLE 120.SAUDI ARABIA ASPHALT ADDITIVES MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 121.SOUTH AFRICA ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 (KILOTONS)
TABLE 122.SOUTH AFRICA ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 ($MILLIONS)
TABLE 123.SOUTH AFRICA ASPHALT ADDITIVES MARKET, BY APPLICATION, 2019-2027 (KILOTONS)
TABLE 124.SOUTH AFRICA ASPHALT ADDITIVES MARKET, BY APPLICATION, 2019-2027 ($MILLIONS)
TABLE 125.REST OF LAMEA ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 (KILOTONS)
TABLE 126.REST OF LAMEA ASPHALT ADDITIVES MARKET, BY TYPE, 2019-2027 ($MILLIONS)
TABLE 127.REST OF LAMEA ASPHALT ADDITIVES MARKET, BY APPLICATION, 2019-2027 (KILOTONS)
TABLE 128.REST OF LAMEA ASPHALT ADDITIVES MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 129.KEY PRODUCT LAUNCH (2016-2019)
TABLE 130.KEY ACQUISITION (2016-2019)
TABLE 131.KEY BUSINESS EXPANSION (2016-2019)
TABLE 132.ARKEMA GROUP: COMPANY SNAPSHOT
TABLE 133.ARKEMA GROUP: OPERATING SEGMENTS
TABLE 134.ARKEMA GROUP: PRODUCT PORTFOLIO
TABLE 135.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 136.ARKEMA GROUP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 137.AKZO NOBEL: COMPANY SNAPSHOT
TABLE 138.AKZO NOBEL: OPERATING SEGMENTS
TABLE 139.AKZO NOBEL: PRODUCT PORTFOLIO
TABLE 140.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 141.EVONIK INDUSTRIES AG: COMPANY SNAPSHOT
TABLE 142.EVONIK: OPERATING SEGMENTS
TABLE 143.EVONIK: PRODUCT PORTFOLIO
TABLE 144.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 145.HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT
TABLE 146.HONEYWELL INTERNATIONAL INC.: OPERATING SEGMENTS
TABLE 147.HONEYWELL INTERNATIONAL INC.: PRODUCT PORTFOLIO
TABLE 148.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 149.HUNTSMAN: COMPANY SNAPSHOT
TABLE 150.HUNTSMAN: OPERATING SEGMENTS
TABLE 151.HUNTSMAN: PRODUCT PORTFOLIO
TABLE 152.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 153.INGEVITY: COMPANY SNAPSHOT
TABLE 154.INGEVITY: OPERATING SEGMENTS
TABLE 155.INGEVITY: PRODUCT PORTFOLIO
TABLE 156.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 157.INGEVITY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 158.KAO: COMPANY SNAPSHOT
TABLE 159.KAO CORPORATION: OPERATING SEGMENTS
TABLE 160.KAO: PRODUCT PORTFOLIO
TABLE 161.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 162.NOURYON: COMPANY SNAPSHOT
TABLE 163.NOURYON: OPERATING SEGMENTS
TABLE 164.NOURYON: PRODUCT PORTFOLIO
TABLE 165.NOURYON: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 166.SASOL: COMPANY SNAPSHOT
TABLE 167.SASOL: OPERATING SEGMENTS
TABLE 168.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 169.SASOL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 170.TRI-CHEM: COMPANY SNAPSHOT
TABLE 171.TRI-CHEM: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.EXECUTIVE SUMMARY
FIGURE 02.GLOBAL ASPHALT ADDITIVES MARKET SEGMENTATION
FIGURE 03.TOP INVESTMENT POCKETS, BY COUNTRY, 2019
FIGURE 04.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 05.MODERATE BARGAINING POWER OF BUYERS
FIGURE 06.MODERATE THREAT OF NEW ENTRANTS
FIGURE 07.MODERATE THREAT OF SUBSTITUTES
FIGURE 08.MODERATE INTENSITY OF COMPETITIVE RIVALRY
FIGURE 09.PATENT ANALYSIS, BY COUNTRY
FIGURE 10.GLOBAL ASPHALT ADDITIVES MARKET DYNAMICS
FIGURE 11.GLOBAL ASPHALT ADDITIVES MARKET, BY TYPE, 2019 VS 2027
FIGURE 12.COMPARATIVE ANALYSIS OF ASPHALT ADDTIVES MARKET FOR POLYMERIZED ASPHALT CEMENT, BY COUNTRY, 2019 VS 2027 ($MILLION)
FIGURE 13.COMPARATIVE ANALYSIS OF ASPHALT ADDTIVES MARKET FOR NOVOPHALT, BY COUNTRY, 2019 VS 2027 ($MILLION)
FIGURE 14.COMPARATIVE ANALYSIS OF ASPHALT ADDTIVES MARKET FOR MULTIGRADE ASPHALT CEMENT, BY COUNTRY, 2019 VS 2027 ($MILLION)
FIGURE 15.COMPARATIVE ANALYSIS OF ASPHALT ADDTIVES MARKET FOR POLYESTER MODIFIER, BY COUNTRY, 2019 VS 2027 ($MILLION)
FIGURE 16.COMPARATIVE ANALYSIS OF ASPHALT ADDTIVES MARKET FOR OTHERS, BY COUNTRY, 2019 VS 2027 ($MILLION)
FIGURE 17.GLOBAL ASPHALT ADDITIVES MARKET, BY APPLICATION, 2019 VS 2027
FIGURE 18.COMPARATIVE ANALYSIS OF ASPHALT ADDTIVES MARKET FOR ROAD CONSTRUCTION, BY COUNTRY, 2019 VS 2027 ($MILLION)
FIGURE 19.COMPARATIVE ANALYSIS OF ASPHALT ADDTIVES MARKET FOR ROAD PAVING, BY COUNTRY, 2019 VS 2027 ($MILLION)
FIGURE 20.COMPARATIVE ANALYSIS OF ASPHALT ADDTIVES MARKET FOR AIRPORT RUNWAY, BY COUNTRY, 2019 VS 2027 ($MILLION)
FIGURE 21.COMPARATIVE ANALYSIS OF ASPHALT ADDTIVES MARKET FOR PARKING LOTS, BY COUNTRY, 2019 VS 2027 ($MILLION)
FIGURE 22.COMPARATIVE ANALYSIS OF ASPHALT ADDTIVES MARKET FOR ROOFING, BY COUNTRY, 2019 VS 2027 ($MILLION)
FIGURE 23.COMPARATIVE ANALYSIS OF ASPHALT ADDTIVES MARKET FOR OTHERS, BY COUNTRY, 2019 VS 2027 ($MILLION)
FIGURE 24.U.S. ASPHALT ADDITIVES MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 25.CANADA ASPHALT ADDITIVES MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 26.MEXICO ASPHALT ADDITIVES MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 27.RUSSIA ASPHALT ADDITIVES MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 28.GERMANY ASPHALT ADDITIVES MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 29.FRANCE ASPHALT ADDITIVES MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 30.TURKEY ASPHALT ADDITIVES MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 31.UK ASPHALT ADDITIVES MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 32.REST OF EUROPE ASPHALT ADDITIVES MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 33.CHINA ASPHALT ADDITIVES MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 34.JAPAN ASPHALT ADDITIVES MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 35.SOUTH KOREA ASPHALT ADDITIVES MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 36.INDIA ASPHALT ADDITIVES MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 37.AUSTRALIA ASPHALT ADDITIVES MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 38.REST OF ASIA-PACIFICASPHALT ADDITIVES MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 39.BRAZIL ASPHALT ADDITIVES MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 40.SAUDI ARABIA ASPHALT ADDITIVES MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 41.SOUTH AFRICA ASPHALT ADDITIVES MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 42.REST OF LAMEA ASPHALT ADDITIVES MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 43.MARKET PLAYER POSITIONING, 2019
FIGURE 44.PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 45.COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 46.ARKEMA GROUP: REVENUE, 2016–2018 ($MILLION)
FIGURE 47.ARKEMA GROUP : REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 48.ARKEMA GROUP: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 49.AKZO NOBEL: NET SALES, 2016–2018 ($MILLION)
FIGURE 50.AKZO NOBEL: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 51.AKZO NOBEL: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 52.EVONIK: REVENUE, 2016–2018 ($MILLION)
FIGURE 53.EVONIK: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 54.EVONIK: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 55.HONEYWELL INTERNATIONAL INC.: REVENUE, 2016–2018 ($MILLION)
FIGURE 56.HONEYWELL INTERNATIONAL INC.: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 57.HONEYWELL INTERNATIONAL INC.: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 58.HUNTSMAN: REVENUE, 2016–2018 ($MILLION)
FIGURE 59.HUNTSMAN: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 60.HUNTSMAN: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 61.INGEVITY: NET SALES, 2016–2018 ($MILLION)
FIGURE 62.INGEVITY: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 63.INGEVITY: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 64.KAO: REVENUE, 2016–2018 ($MILLION)
FIGURE 65.KAO: REVENUE SHARE BY SEGMENT, 2018 (%)

FIGURE 66.KAO: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 67.SASOL: REVENUE, 2016–2018 ($MILLION)
FIGURE 68.SASOL: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 69.SASOL: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 70.COMPETITIVE HEAT MAP OF OTHER KEY PLAYERS

 
 

According to the analyst, significant factors that drive the market growth are rising demand of asphalt from the construction industry, growing conformity with latest manufacturing standards, and rapid urbanization globally. Polymerized asphalt cement is the leading segment, and is expected to maintain its lead throughout the analysis period. According to the analyst, Asia-Pacific is the fastest growing region due to increasing ownership of automobiles coupled with rising government investment in infrastructural development. Furthermore, adoption of asphalt additives in the road construction application is anticipated to increase during the forecast period. As per the analyst, China occupies more than half of the Asia-Pacific asphalt additives market; however, India is the fastest growing segment.

 

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FREQUENTLY ASKED QUESTIONS?
 

A. Asphalt additives market is likely to grow during the forecast period owing to growth in building and construction industry across the Asia-Pacific and LAMEA region.

A. Road construction application and Polymerized asphalt cement type holds the maximum market share of the Asphalt Additives Market.

A. Inceased usage of asphalt additives in rising infrasturctural and building & construction activities across the developing economies likel Brazil, China and India is one of the major trend in the Asphalt Additives Market.

A. The market size of the Asphalt Additives in 2019 is $3.6 billion.

A. You can get company profile by analysing their product portfolio, segment revenue, recent strategies, and also those who responded for primary research.

A. Company profile has been selected based on companies having global presence and are majorly involved in manufacturing of asphalt additives.

A. Rising demand for asphalt additves from road construction industry, growing demand for new houses due to rapid urbanization, and growing conformity with latest manufacturing standards are the factors affecting the global asphalt additives market.

 

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