The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The worldwide asphalt additives market will rise from $3.62 billion in 2022 to $3.91 billion in 2023, with an 8.1% CAGR. By 2027, it’s projected to reach $5.57 billion, growing at a 9.2% CAGR.

An increase in road construction projects is expected to propel the growth of the asphalt additives market.

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Major Market Players in the asphalt additives market include Arkema SA, Arrmaz, BASF SE, Evonik Industries, Huntsman Corporation, Nouryon, Sasol Limited, Sinopec Corporation, Solvay SA.

Bio-based asphalt additives are shaping the asphalt additives market. The use of rubber in the asphalt business has shown several benefits in the pavement sector such as improved workability.

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Global Asphalt Additives Market Segments Include:

• By Type:Polymeric Modifiers, Anti-strip And Adhesion Promoters, Emulsifiers, Chemical Modifiers, Rejuvenators, Fibers, Flux Oil, Colored Asphalt
• By Technology:Hot Mix, Cold Mix, Warm Mix
• By Application:Road Construction, Road Paving, Airport Runway, Parking Lots, Roofing
• By Geography:The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global asphalt additives market in 2021.

The Asphalt Additives Global Market Report 2023  provides an overview of the asphalt additives market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The asphalt additives market forecast analyzes asphalt additives market size, asphalt additives market share, leading competitor and their market positions.

The asphalt additives refer to chemicals or substances that are added to asphalt to change the result of the asphalt binder. Asphalt additives are materials that improve the adhesive force between aggregates and asphalt cement preventing cracking, unravelling, and deformation. Asphalt additives include ethylene vinyl acetate, latex, styrene-butadiene styrene-block (SBS) copolymer, and manganese organic complex, SBS vulcanized with asphalt, polyethylene, and carbon black.

The Table Of Content For The Asphalt Additives Market Include:
1. Asphalt Additives Market Executive Summary
2. Asphalt Additives Market Segments
3. Asphalt Additives Market Size And Asphalt Additives Market Growth Rate
4. Key Asphalt Additives Market Trends
5. Major Asphalt Additives Market Drivers
……
25. Key Mergers And Acquisitions In The Asphalt Additives Market
26. Top Asphalt Additives Companies
27. Asphalt Additives Market Opportunities And Strategies
28. Asphalt Additives Market, Conclusions And Recommendations
29. Appendix

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