Global Asphalt Additives and Modifiers Supply, Demand and Key Producers, 2023-2029

Global Asphalt Additives and Modifiers Supply, Demand and Key Producers, 2023-2029

The global Asphalt Additives and Modifiers market size is expected to reach $ 4360.9 million by 2029, rising at a market growth of 3.1% CAGR during the forecast period (2023-2029).

Global key players of Asphalt Additives and Modifiers include LCY, Ingevity, Arkema, Sinopec and Kraton, etc. The top five players hold a share over30%. China is the largest market, has a share about 50%. In terms of product type, Asphalt Modifier is the largest segment, occupied for a share of about 60%, and in terms of application, Road has a share about 80 percent.

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.

This report studies the global Asphalt Additives and Modifiers production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Asphalt Additives and Modifiers, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Asphalt Additives and Modifiers that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Asphalt Additives and Modifiers total production and demand, 2018-2029, (K MT)

Global Asphalt Additives and Modifiers total production value, 2018-2029, (USD Million)

Global Asphalt Additives and Modifiers production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (K MT)

Global Asphalt Additives and Modifiers consumption by region & country, CAGR, 2018-2029 & (K MT)

U.S. VS China: Asphalt Additives and Modifiers domestic production, consumption, key domestic manufacturers and share

Global Asphalt Additives and Modifiers production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (K MT)

Global Asphalt Additives and Modifiers production by Type, production, value, CAGR, 2018-2029, (USD Million) & (K MT)

Global Asphalt Additives and Modifiers production by Application production, value, CAGR, 2018-2029, (USD Million) & (K MT).

This reports profiles key players in the global Asphalt Additives and Modifiers market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include LCY, Sinopec, Kraton, Dynasol, Sibur, Evonik, Arkema, Cargill and Nouryon, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Asphalt Additives and Modifiers market.

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K MT) and average price (US$/MT) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Asphalt Additives and Modifiers Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Asphalt Additives and Modifiers Market, Segmentation by Type
Asphalt Modifier
Antistripping Agent
Asphalt Emulsifier
Recycled Additives
Medium Temperature Modifiers
Others

Global Asphalt Additives and Modifiers Market, Segmentation by Application
Road Paving
Asphalt Concrete Repair
Roofing
Other

Companies Profiled:
LCY
Sinopec
Kraton
Dynasol
Sibur
Evonik
Arkema
Cargill
Nouryon
Ingevity
Kao Corporation
Sasol
BASF
Honeywell
LUCOBIT
Dow

Key Questions Answered

1. How big is the global Asphalt Additives and Modifiers market?

2. What is the demand of the global Asphalt Additives and Modifiers market?

3. What is the year over year growth of the global Asphalt Additives and Modifiers market?

4. What is the production and production value of the global Asphalt Additives and Modifiers market?

5. Who are the key producers in the global Asphalt Additives and Modifiers market?