Global Asphalt Additives Market Research Report 2023(Status and Outlook)


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Global Asphalt Additives Market Research Report 2023(Status and Outlook)



Report Overview

Asphalt additives are substances added to asphalt to modify characteristic properties of asphalt binder. Primary reason for adding additives to asphalt is to increase the functional temperature range of asphalt. Viscosity of asphalt decreases at high temperature and increases drastically at low temperature. This hinders the usage of asphalt in roads, pavements, airfields, and parking lots made of asphalt. Usage of additives helps overcome this shortcoming. Additives are also used to enhance the binding property of asphalt by strengthening the asphalt aggregate bond. Furthermore, additives improve the film thickness of asphalt, thus preventing cracking, raveling, and deformation. This, in turn, reduces maintenance cost of asphalt-constructed structures. There are different types of asphalt additives. However, varieties that are primarily used include asphalt rubber, polymers, and chemical modifiers. Fibers and fillers are also used as additives in asphalt.

The Global Asphalt Additives Market Size was estimated at USD 4909 million in 2022 and is projected to reach USD 6591.48 million by 2029, exhibiting a CAGR of 4.30% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Asphalt Additives 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 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 market in any manner.

Global Asphalt Additives 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

Evonik

Kraton

DuPont

Arkema

Dow Chemical

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

Market Segmentation (by Type)

Asphalt Modifier

Antistripping Agent

Asphalt Emulsifier

Surfactant Additives

Foam Stabilizer

Others

Market Segmentation (by Application)

E-commerce

Physical Store

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 Market

Overview of the regional outlook of the Asphalt Additives 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

6-month post-sales analyst support

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 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
1.2 Key Market Segments
1.2.1 Asphalt Additives Segment by Type
1.2.2 Asphalt Additives 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 Market Overview
2.1 Global Market Overview
2.1.1 Global Asphalt Additives Market Size (M USD) Estimates and Forecasts (2018-2029)
2.1.2 Global Asphalt Additives Sales Estimates and Forecasts (2018-2029)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Asphalt Additives Market Competitive Landscape
3.1 Global Asphalt Additives Sales by Manufacturers (2018-2023)
3.2 Global Asphalt Additives Revenue Market Share by Manufacturers (2018-2023)
3.3 Asphalt Additives Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Asphalt Additives Average Price by Manufacturers (2018-2023)
3.5 Manufacturers Asphalt Additives Sales Sites, Area Served, Product Type
3.6 Asphalt Additives Market Competitive Situation and Trends
3.6.1 Asphalt Additives Market Concentration Rate
3.6.2 Global 5 and 10 Largest Asphalt Additives Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Asphalt Additives Industry Chain Analysis
4.1 Asphalt Additives 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 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 Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Asphalt Additives Sales Market Share by Type (2018-2023)
6.3 Global Asphalt Additives Market Size Market Share by Type (2018-2023)
6.4 Global Asphalt Additives Price by Type (2018-2023)
7 Asphalt Additives Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Asphalt Additives Market Sales by Application (2018-2023)
7.3 Global Asphalt Additives Market Size (M USD) by Application (2018-2023)
7.4 Global Asphalt Additives Sales Growth Rate by Application (2018-2023)
8 Asphalt Additives Market Segmentation by Region
8.1 Global Asphalt Additives Sales by Region
8.1.1 Global Asphalt Additives Sales by Region
8.1.2 Global Asphalt Additives Sales Market Share by Region
8.2 North America
8.2.1 North America Asphalt Additives 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 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 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 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 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 Evonik
9.1.1 Evonik Asphalt Additives Basic Information
9.1.2 Evonik Asphalt Additives Product Overview
9.1.3 Evonik Asphalt Additives Product Market Performance
9.1.4 Evonik Business Overview
9.1.5 Evonik Asphalt Additives SWOT Analysis
9.1.6 Evonik Recent Developments
9.2 Kraton
9.2.1 Kraton Asphalt Additives Basic Information
9.2.2 Kraton Asphalt Additives Product Overview
9.2.3 Kraton Asphalt Additives Product Market Performance
9.2.4 Kraton Business Overview
9.2.5 Kraton Asphalt Additives SWOT Analysis
9.2.6 Kraton Recent Developments
9.3 DuPont
9.3.1 DuPont Asphalt Additives Basic Information
9.3.2 DuPont Asphalt Additives Product Overview
9.3.3 DuPont Asphalt Additives Product Market Performance
9.3.4 DuPont Business Overview
9.3.5 DuPont Asphalt Additives SWOT Analysis
9.3.6 DuPont Recent Developments
9.4 Arkema
9.4.1 Arkema Asphalt Additives Basic Information
9.4.2 Arkema Asphalt Additives Product Overview
9.4.3 Arkema Asphalt Additives Product Market Performance
9.4.4 Arkema Business Overview
9.4.5 Arkema Asphalt Additives SWOT Analysis
9.4.6 Arkema Recent Developments
9.5 Dow Chemical
9.5.1 Dow Chemical Asphalt Additives Basic Information
9.5.2 Dow Chemical Asphalt Additives Product Overview
9.5.3 Dow Chemical Asphalt Additives Product Market Performance
9.5.4 Dow Chemical Business Overview
9.5.5 Dow Chemical Asphalt Additives SWOT Analysis
9.5.6 Dow Chemical Recent Developments
9.6 Akzo Nobel
9.6.1 Akzo Nobel Asphalt Additives Basic Information
9.6.2 Akzo Nobel Asphalt Additives Product Overview
9.6.3 Akzo Nobel Asphalt Additives Product Market Performance
9.6.4 Akzo Nobel Business Overview
9.6.5 Akzo Nobel Recent Developments
9.7 Huntsman
9.7.1 Huntsman Asphalt Additives Basic Information
9.7.2 Huntsman Asphalt Additives Product Overview
9.7.3 Huntsman Asphalt Additives Product Market Performance
9.7.4 Huntsman Business Overview
9.7.5 Huntsman Recent Developments
9.8 Berkshire Engineering Supplies
9.8.1 Berkshire Engineering Supplies Asphalt Additives Basic Information
9.8.2 Berkshire Engineering Supplies Asphalt Additives Product Overview
9.8.3 Berkshire Engineering Supplies Asphalt Additives Product Market Performance
9.8.4 Berkshire Engineering Supplies Business Overview
9.8.5 Berkshire Engineering Supplies Recent Developments
9.9 ArrMaz
9.9.1 ArrMaz Asphalt Additives Basic Information
9.9.2 ArrMaz Asphalt Additives Product Overview
9.9.3 ArrMaz Asphalt Additives Product Market Performance
9.9.4 ArrMaz Business Overview
9.9.5 ArrMaz Recent Developments
9.10 Kao Corporation
9.10.1 Kao Corporation Asphalt Additives Basic Information
9.10.2 Kao Corporation Asphalt Additives Product Overview
9.10.3 Kao Corporation Asphalt Additives Product Market Performance
9.10.4 Kao Corporation Business Overview
9.10.5 Kao Corporation Recent Developments
9.11 Engineered Additives
9.11.1 Engineered Additives Asphalt Additives Basic Information
9.11.2 Engineered Additives Asphalt Additives Product Overview
9.11.3 Engineered Additives Asphalt Additives Product Market Performance
9.11.4 Engineered Additives Business Overview
9.11.5 Engineered Additives Recent Developments
9.12 BASF
9.12.1 BASF Asphalt Additives Basic Information
9.12.2 BASF Asphalt Additives Product Overview
9.12.3 BASF Asphalt Additives Product Market Performance
9.12.4 BASF Business Overview
9.12.5 BASF Recent Developments
9.13 Sonneborn
9.13.1 Sonneborn Asphalt Additives Basic Information
9.13.2 Sonneborn Asphalt Additives Product Overview
9.13.3 Sonneborn Asphalt Additives Product Market Performance
9.13.4 Sonneborn Business Overview
9.13.5 Sonneborn Recent Developments
9.14 Honeywell
9.14.1 Honeywell Asphalt Additives Basic Information
9.14.2 Honeywell Asphalt Additives Product Overview
9.14.3 Honeywell Asphalt Additives Product Market Performance
9.14.4 Honeywell Business Overview
9.14.5 Honeywell Recent Developments
9.15 Ingevity
9.15.1 Ingevity Asphalt Additives Basic Information
9.15.2 Ingevity Asphalt Additives Product Overview
9.15.3 Ingevity Asphalt Additives Product Market Performance
9.15.4 Ingevity Business Overview
9.15.5 Ingevity Recent Developments
9.16 LUCOBIT
9.16.1 LUCOBIT Asphalt Additives Basic Information
9.16.2 LUCOBIT Asphalt Additives Product Overview
9.16.3 LUCOBIT Asphalt Additives Product Market Performance
9.16.4 LUCOBIT Business Overview
9.16.5 LUCOBIT Recent Developments
9.17 Sinopec
9.17.1 Sinopec Asphalt Additives Basic Information
9.17.2 Sinopec Asphalt Additives Product Overview
9.17.3 Sinopec Asphalt Additives Product Market Performance
9.17.4 Sinopec Business Overview
9.17.5 Sinopec Recent Developments
9.18 LCY CHEMICAL CORP
9.18.1 LCY CHEMICAL CORP Asphalt Additives Basic Information
9.18.2 LCY CHEMICAL CORP Asphalt Additives Product Overview
9.18.3 LCY CHEMICAL CORP Asphalt Additives Product Market Performance
9.18.4 LCY CHEMICAL CORP Business Overview
9.18.5 LCY CHEMICAL CORP Recent Developments
9.19 Jiangsu Jinyang
9.19.1 Jiangsu Jinyang Asphalt Additives Basic Information
9.19.2 Jiangsu Jinyang Asphalt Additives Product Overview
9.19.3 Jiangsu Jinyang Asphalt Additives Product Market Performance
9.19.4 Jiangsu Jinyang Business Overview
9.19.5 Jiangsu Jinyang Recent Developments
9.20 Zibo bridge lung
9.20.1 Zibo bridge lung Asphalt Additives Basic Information
9.20.2 Zibo bridge lung Asphalt Additives Product Overview
9.20.3 Zibo bridge lung Asphalt Additives Product Market Performance
9.20.4 Zibo bridge lung Business Overview
9.20.5 Zibo bridge lung Recent Developments
10 Asphalt Additives Market Forecast by Region
10.1 Global Asphalt Additives Market Size Forecast
10.2 Global Asphalt Additives Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Asphalt Additives Market Size Forecast by Country
10.2.3 Asia Pacific Asphalt Additives Market Size Forecast by Region
10.2.4 South America Asphalt Additives Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Asphalt Additives by Country
11 Forecast Market by Type and by Application (2024-2029)
11.1 Global Asphalt Additives Market Forecast by Type (2024-2029)
11.1.1 Global Forecasted Sales of Asphalt Additives by Type (2024-2029)
11.1.2 Global Asphalt Additives Market Size Forecast by Type (2024-2029)
11.1.3 Global Forecasted Price of Asphalt Additives by Type (2024-2029)
11.2 Global Asphalt Additives Market Forecast by Application (2024-2029)
11.2.1 Global Asphalt Additives Sales (K MT) Forecast by Application
11.2.2 Global Asphalt Additives Market Size (M USD) Forecast by Application (2024-2029)
12 Conclusion and Key Findings

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