Asphalt Anti-Strip Market to Reap Excessive Revenues by 2018 to 2027
The global market for asphalt anti-strip is estimated to remain under the influence of various micro- and macro-economic factors. Growth of the transportation industry, urbanization, increased road and highway construction, as well as rising industrial trade activities are few of the major factors responsible for the growth of the global asphalt anti-strip market.
Intense R&D in the chemical sector to alleviate the toxicity of asphalt anti-strip additives is an important factor driving the demand for asphalt anti-strip in the global market. Stringent regulations and changing international standards regarding the utilization of asphalt anti-strip additives are important milestones to be achieved by manufacturers.
Asphalt anti-stripping agents are chemicals that provide adhesion between asphalt and aggregates. These additives increase asphalt concrete mixture performance against moisture. Hydrated lime and liquid anti-stripping agents are majorly used asphalt additives to reduce moisture sensitivity and resist the stripping of asphalt. Although liquid anti-strip agents are cost-effective and highly preferred additives, studies have observed higher operational efficiency and service time of pavements with the use of hydrated lime in the asphalt concrete mixture.
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Increased Load on Roads and Highways Demands Higher Efficiency
The transportation industry is growing exponentially, especially in emerging markets such as China and India. The reasons behind this growth is attributed to increasing global population, growing GDP, and rising vehicle ownership. With increased vehicle ownership, high traffic volumes and heavy loads on the roads and highways have become a common concern for transportation maintenance authorities. While moisture is the most common factor affecting the longevity of asphalt concrete, the use of anti-stripping agents has been generally ignored. However, with the intent to avoid higher investment as well as maintenance costs, construction engineers are actively adopting asphalt anti-stripping agents in maintenance as well as new construction projects.
Green Additives to Gain Traction in the Global Market
Stringent environmental regulations to reduce pollutant emission during asphalt production for road pavements has led to the development of greener and bio-based asphalt anti-strip agents by manufacturers. These new anti-strip agents are manufactured by 100% green chemistry. Further, these agents are non-corrosive, odor-free, and safe for workers as well as the environment. As the adoption of sustainable and greener production methods have increased, green asphalt anti-strip agents are likely to witness steady adoption in future.
Implementation of Nanotechnology to Improve Operational Efficiency
Nanotechnology is a latest breakthrough in the field of asphalt anti-strip agents. A handful of manufacturers, including Zydex Industries, have introduced a nano-material approach to increase the efficiency of anti-strip agents and overall binding performance in asphalt concrete mixture. Nano modifications in the anti-strip agent leads to the formation of non-polar hydrophobic aggregates at the processing temperature of hot mix asphalt (HMA). This new approach enhances the bonding capacity of asphalt concrete mixture by 10-20 fold as compared to normal asphalt anti-strip agents.
Key Company Developments
Manufacturers are focusing on delivering safer, worker-friendly, and agents with improved qualities to enhance the operational efficiency as well as service time of road pavements.
Road Science, a subsidiary of ArrMaz, had entered into an agreement with Cargill’s Industrial Specialties Business in 2017. The agreement has provided Road Science limited exclusivity of Cargill’s unique, bio-based Anova™ anti-strip and emulsifiers.
ArrMaz Road Science Division acquired MaxxChem in 2017. MaxxChem is a leading chemical giant that manufactures asphalt additives, and this acquisition complemented the existing asphalt additive portfolio of ArrMaz.
Ascend Performance Materials has introduced new grades of specialty amines, of which, FlexaTram-BHM-220 is an amine designed for use in asphalt anti-strip applications.
Key companies in the global asphalt anti-strip market include Akzonobel NV, Dupont, Arkema SA, Honeywell International Inc., Evonik Industries, Kraton Corporation, Huntsman Corporation, Sasol Limited, Ingevity Corporation, ArrMaz, and DOW Chemical Company, among others.
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