Global Asphalt Additives and Modifiers Market Research Report 2024(Status and Outlook)
Report Overview:
Asphalt additives and modifiers are substances or materials added to asphalt mixes to improve their performance, durability, and characteristics. These additives are used in the construction and maintenance of roads, highways, runways, and other paved surfaces to enhance the properties of the asphalt and make it suitable for specific applications and weather conditions. The use of additives and modifiers can lead to cost-effective and more sustainable pavement solutions.
The Global Asphalt Additives and Modifiers Market Size was estimated at USD 3453.26 million in 2023 and is projected to reach USD 4171.64 million by 2029, exhibiting a CAGR of 3.20% during the forecast period.
This report provides a deep insight into the global Asphalt Additives and Modifiers market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Asphalt Additives and Modifiers Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Asphalt Additives and Modifiers market in any manner.
Global Asphalt Additives and Modifiers Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
LCY
Sinopec
Kraton
Dynasol
Sibur
Evonik
Arkema
Cargill
Nouryon
Ingevity
Kao Corporation
Sasol
BASF
Honeywell
LUCOBIT
Dow
Market Segmentation (by Type)
Asphalt Modifier
Antistripping Agent
Asphalt Emulsifier
Recycled Additives
Medium Temperature Modifiers
Others
Market Segmentation (by Application)
Road Paving
Asphalt Concrete Repair
Roofing
Other
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Asphalt Additives and Modifiers Market
Overview of the regional outlook of the Asphalt Additives and Modifiers Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
Provision of market value (USD Billion) data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
Provides insight into the market through Value Chain
Market dynamics scenario, along with growth opportunities of the market in the years to come
Chapter Outline
Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.
Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Asphalt Additives and Modifiers Market and its likely evolution in the short to mid-term, and long term.
Chapter 3 makes a detailed analysis of the Market's Competitive Landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.
Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.
Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.
Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.
Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.
Chapter 12 is the main points and conclusions of the report.
- 1 Research Methodology and Statistical Scope
- 1.1 Market Definition and Statistical Scope of Asphalt Additives and Modifiers
- 1.2 Key Market Segments
- 1.2.1 Asphalt Additives and Modifiers Segment by Type
- 1.2.2 Asphalt Additives and Modifiers Segment by Application
- 1.3 Methodology & Sources of Information
- 1.3.1 Research Methodology
- 1.3.2 Research Process
- 1.3.3 Market Breakdown and Data Triangulation
- 1.3.4 Base Year
- 1.3.5 Report Assumptions & Caveats
- 2 Asphalt Additives and Modifiers Market Overview
- 2.1 Global Market Overview
- 2.1.1 Global Asphalt Additives and Modifiers Market Size (M USD) Estimates and Forecasts (2019-2030)
- 2.1.2 Global Asphalt Additives and Modifiers Sales Estimates and Forecasts (2019-2030)
- 2.2 Market Segment Executive Summary
- 2.3 Global Market Size by Region
- 3 Asphalt Additives and Modifiers Market Competitive Landscape
- 3.1 Global Asphalt Additives and Modifiers Sales by Manufacturers (2019-2024)
- 3.2 Global Asphalt Additives and Modifiers Revenue Market Share by Manufacturers (2019-2024)
- 3.3 Asphalt Additives and Modifiers Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 3.4 Global Asphalt Additives and Modifiers Average Price by Manufacturers (2019-2024)
- 3.5 Manufacturers Asphalt Additives and Modifiers Sales Sites, Area Served, Product Type
- 3.6 Asphalt Additives and Modifiers Market Competitive Situation and Trends
- 3.6.1 Asphalt Additives and Modifiers Market Concentration Rate
- 3.6.2 Global 5 and 10 Largest Asphalt Additives and Modifiers Players Market Share by Revenue
- 3.6.3 Mergers & Acquisitions, Expansion
- 4 Asphalt Additives and Modifiers Industry Chain Analysis
- 4.1 Asphalt Additives and Modifiers Industry Chain Analysis
- 4.2 Market Overview of Key Raw Materials
- 4.3 Midstream Market Analysis
- 4.4 Downstream Customer Analysis
- 5 The Development and Dynamics of Asphalt Additives and Modifiers Market
- 5.1 Key Development Trends
- 5.2 Driving Factors
- 5.3 Market Challenges
- 5.4 Market Restraints
- 5.5 Industry News
- 5.5.1 New Product Developments
- 5.5.2 Mergers & Acquisitions
- 5.5.3 Expansions
- 5.5.4 Collaboration/Supply Contracts
- 5.6 Industry Policies
- 6 Asphalt Additives and Modifiers Market Segmentation by Type
- 6.1 Evaluation Matrix of Segment Market Development Potential (Type)
- 6.2 Global Asphalt Additives and Modifiers Sales Market Share by Type (2019-2024)
- 6.3 Global Asphalt Additives and Modifiers Market Size Market Share by Type (2019-2024)
- 6.4 Global Asphalt Additives and Modifiers Price by Type (2019-2024)
- 7 Asphalt Additives and Modifiers Market Segmentation by Application
- 7.1 Evaluation Matrix of Segment Market Development Potential (Application)
- 7.2 Global Asphalt Additives and Modifiers Market Sales by Application (2019-2024)
- 7.3 Global Asphalt Additives and Modifiers Market Size (M USD) by Application (2019-2024)
- 7.4 Global Asphalt Additives and Modifiers Sales Growth Rate by Application (2019-2024)
- 8 Asphalt Additives and Modifiers Market Segmentation by Region
- 8.1 Global Asphalt Additives and Modifiers Sales by Region
- 8.1.1 Global Asphalt Additives and Modifiers Sales by Region
- 8.1.2 Global Asphalt Additives and Modifiers Sales Market Share by Region
- 8.2 North America
- 8.2.1 North America Asphalt Additives and Modifiers Sales by Country
- 8.2.2 U.S.
- 8.2.3 Canada
- 8.2.4 Mexico
- 8.3 Europe
- 8.3.1 Europe Asphalt Additives and Modifiers Sales by Country
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 U.K.
- 8.3.5 Italy
- 8.3.6 Russia
- 8.4 Asia Pacific
- 8.4.1 Asia Pacific Asphalt Additives and Modifiers Sales by Region
- 8.4.2 China
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 India
- 8.4.6 Southeast Asia
- 8.5 South America
- 8.5.1 South America Asphalt Additives and Modifiers Sales by Country
- 8.5.2 Brazil
- 8.5.3 Argentina
- 8.5.4 Columbia
- 8.6 Middle East and Africa
- 8.6.1 Middle East and Africa Asphalt Additives and Modifiers Sales by Region
- 8.6.2 Saudi Arabia
- 8.6.3 UAE
- 8.6.4 Egypt
- 8.6.5 Nigeria
- 8.6.6 South Africa
- 9 Key Companies Profile
- 9.1 LCY
- 9.1.1 LCY Asphalt Additives and Modifiers Basic Information
- 9.1.2 LCY Asphalt Additives and Modifiers Product Overview
- 9.1.3 LCY Asphalt Additives and Modifiers Product Market Performance
- 9.1.4 LCY Business Overview
- 9.1.5 LCY Asphalt Additives and Modifiers SWOT Analysis
- 9.1.6 LCY Recent Developments
- 9.2 Sinopec
- 9.2.1 Sinopec Asphalt Additives and Modifiers Basic Information
- 9.2.2 Sinopec Asphalt Additives and Modifiers Product Overview
- 9.2.3 Sinopec Asphalt Additives and Modifiers Product Market Performance
- 9.2.4 Sinopec Business Overview
- 9.2.5 Sinopec Asphalt Additives and Modifiers SWOT Analysis
- 9.2.6 Sinopec Recent Developments
- 9.3 Kraton
- 9.3.1 Kraton Asphalt Additives and Modifiers Basic Information
- 9.3.2 Kraton Asphalt Additives and Modifiers Product Overview
- 9.3.3 Kraton Asphalt Additives and Modifiers Product Market Performance
- 9.3.4 Kraton Asphalt Additives and Modifiers SWOT Analysis
- 9.3.5 Kraton Business Overview
- 9.3.6 Kraton Recent Developments
- 9.4 Dynasol
- 9.4.1 Dynasol Asphalt Additives and Modifiers Basic Information
- 9.4.2 Dynasol Asphalt Additives and Modifiers Product Overview
- 9.4.3 Dynasol Asphalt Additives and Modifiers Product Market Performance
- 9.4.4 Dynasol Business Overview
- 9.4.5 Dynasol Recent Developments
- 9.5 Sibur
- 9.5.1 Sibur Asphalt Additives and Modifiers Basic Information
- 9.5.2 Sibur Asphalt Additives and Modifiers Product Overview
- 9.5.3 Sibur Asphalt Additives and Modifiers Product Market Performance
- 9.5.4 Sibur Business Overview
- 9.5.5 Sibur Recent Developments
- 9.6 Evonik
- 9.6.1 Evonik Asphalt Additives and Modifiers Basic Information
- 9.6.2 Evonik Asphalt Additives and Modifiers Product Overview
- 9.6.3 Evonik Asphalt Additives and Modifiers Product Market Performance
- 9.6.4 Evonik Business Overview
- 9.6.5 Evonik Recent Developments
- 9.7 Arkema
- 9.7.1 Arkema Asphalt Additives and Modifiers Basic Information
- 9.7.2 Arkema Asphalt Additives and Modifiers Product Overview
- 9.7.3 Arkema Asphalt Additives and Modifiers Product Market Performance
- 9.7.4 Arkema Business Overview
- 9.7.5 Arkema Recent Developments
- 9.8 Cargill
- 9.8.1 Cargill Asphalt Additives and Modifiers Basic Information
- 9.8.2 Cargill Asphalt Additives and Modifiers Product Overview
- 9.8.3 Cargill Asphalt Additives and Modifiers Product Market Performance
- 9.8.4 Cargill Business Overview
- 9.8.5 Cargill Recent Developments
- 9.9 Nouryon
- 9.9.1 Nouryon Asphalt Additives and Modifiers Basic Information
- 9.9.2 Nouryon Asphalt Additives and Modifiers Product Overview
- 9.9.3 Nouryon Asphalt Additives and Modifiers Product Market Performance
- 9.9.4 Nouryon Business Overview
- 9.9.5 Nouryon Recent Developments
- 9.10 Ingevity
- 9.10.1 Ingevity Asphalt Additives and Modifiers Basic Information
- 9.10.2 Ingevity Asphalt Additives and Modifiers Product Overview
- 9.10.3 Ingevity Asphalt Additives and Modifiers Product Market Performance
- 9.10.4 Ingevity Business Overview
- 9.10.5 Ingevity Recent Developments
- 9.11 Kao Corporation
- 9.11.1 Kao Corporation Asphalt Additives and Modifiers Basic Information
- 9.11.2 Kao Corporation Asphalt Additives and Modifiers Product Overview
- 9.11.3 Kao Corporation Asphalt Additives and Modifiers Product Market Performance
- 9.11.4 Kao Corporation Business Overview
- 9.11.5 Kao Corporation Recent Developments
- 9.12 Sasol
- 9.12.1 Sasol Asphalt Additives and Modifiers Basic Information
- 9.12.2 Sasol Asphalt Additives and Modifiers Product Overview
- 9.12.3 Sasol Asphalt Additives and Modifiers Product Market Performance
- 9.12.4 Sasol Business Overview
- 9.12.5 Sasol Recent Developments
- 9.13 BASF
- 9.13.1 BASF Asphalt Additives and Modifiers Basic Information
- 9.13.2 BASF Asphalt Additives and Modifiers Product Overview
- 9.13.3 BASF Asphalt Additives and Modifiers Product Market Performance
- 9.13.4 BASF Business Overview
- 9.13.5 BASF Recent Developments
- 9.14 Honeywell
- 9.14.1 Honeywell Asphalt Additives and Modifiers Basic Information
- 9.14.2 Honeywell Asphalt Additives and Modifiers Product Overview
- 9.14.3 Honeywell Asphalt Additives and Modifiers Product Market Performance
- 9.14.4 Honeywell Business Overview
- 9.14.5 Honeywell Recent Developments
- 9.15 LUCOBIT
- 9.15.1 LUCOBIT Asphalt Additives and Modifiers Basic Information
- 9.15.2 LUCOBIT Asphalt Additives and Modifiers Product Overview
- 9.15.3 LUCOBIT Asphalt Additives and Modifiers Product Market Performance
- 9.15.4 LUCOBIT Business Overview
- 9.15.5 LUCOBIT Recent Developments
- 9.16 Dow
- 9.16.1 Dow Asphalt Additives and Modifiers Basic Information
- 9.16.2 Dow Asphalt Additives and Modifiers Product Overview
- 9.16.3 Dow Asphalt Additives and Modifiers Product Market Performance
- 9.16.4 Dow Business Overview
- 9.16.5 Dow Recent Developments
- 10 Asphalt Additives and Modifiers Market Forecast by Region
- 10.1 Global Asphalt Additives and Modifiers Market Size Forecast
- 10.2 Global Asphalt Additives and Modifiers Market Forecast by Region
- 10.2.1 North America Market Size Forecast by Country
- 10.2.2 Europe Asphalt Additives and Modifiers Market Size Forecast by Country
- 10.2.3 Asia Pacific Asphalt Additives and Modifiers Market Size Forecast by Region
- 10.2.4 South America Asphalt Additives and Modifiers Market Size Forecast by Country
- 10.2.5 Middle East and Africa Forecasted Consumption of Asphalt Additives and Modifiers by Country
- 11 Forecast Market by Type and by Application (2025-2030)
- 11.1 Global Asphalt Additives and Modifiers Market Forecast by Type (2025-2030)
- 11.1.1 Global Forecasted Sales of Asphalt Additives and Modifiers by Type (2025-2030)
- 11.1.2 Global Asphalt Additives and Modifiers Market Size Forecast by Type (2025-2030)
- 11.1.3 Global Forecasted Price of Asphalt Additives and Modifiers by Type (2025-2030)
- 11.2 Global Asphalt Additives and Modifiers Market Forecast by Application (2025-2030)
- 11.2.1 Global Asphalt Additives and Modifiers Sales (Kilotons) Forecast by Application
- 11.2.2 Global Asphalt Additives and Modifiers Market Size (M USD) Forecast by Application (2025-2030)
- 12 Conclusion and Key Findings
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