Press release
Global Cold Mix Asphalt Additives Market Expected to Witness a Sustainable Growth over 2023
For production of cold asphalt mixes for road repairs, Cold Mix Asphalt Additives make anti-sticking film surrounding bitumen coated aggregate, they can make the asphalt be used at (0–30 °C). Composed of a variety of polymers, at room temperature was liquid, with a slight irritating odor, flash point 290 ℃, freezing point -5 ℃, stable nature.
The global Cold Mix Asphalt Additives production market was 96 K MT in 2016 and is expected to grow at a CAGR of 4.23%from 2013 to 2023. The technical barriers of Cold Mix Asphalt Additives are relatively high, resulting in high level concentration degree. The manufacturing bases scatter around the world, mainly concentrating in Korea, China, Northeast Asia and USA. The key companies in Cold Mix Asphalt Additives market include. Dow, ArrMaz, Colasphalt, Evonik, Arkema Group. In 2016, the demand for Cold Mix Asphalt Additives in all regions is leveling off. The demand for these products will grow steadily.
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Global Cold Mix Asphalt Additives Market: Forecast by Type / Application / Region
In the past few years, the price of Cold Mix Asphalt Additives decreased and we expect the price has pressure to increase in short time with new capacity released. However, the improvement of energy, transportation costs, employee wages, and equipment depreciation will play a significant role in promoting the cost of Cold Mix Asphalt Additives. Therefore, to some extent, the companies face the risk of profit decline.
There are companies adding new capacities and aiming at the cost and quality leadership which shall improve profitability. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs, improve quality and performance for Cold Mix Asphalt Additives product application. The competition in Cold Mix Asphalt Additives market will become more intense.
Over the next five years, LPI(LP Information) projects that Cold Mix Asphalt Additives will register a 3.6% CAGR in terms of revenue, reach US$ 460 million by 2023, from US$ 370 million in 2017.
Global Cold Mix Asphalt Additives Market: Key Players
Dow
ArrMaz
Colasphalt
Evonik
Arkema Group
Engineered Additives
Kraton Performance Polymers
Kao Chemicals
Akzo Nobel
Huntsman
Sinopec
Jiangsu Jinyang
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Related Information:
United States Cold Mix Asphalt Additives Market Research Report 2018
Europe Cold Mix Asphalt Additives Market Research Report 2018
North America Cold Mix Asphalt Additives Market Research Report 2018
Asia-Pacific Cold Mix Asphalt Additives Market Research Report 2018
China Cold Mix Asphalt Additives Market Research Report 2018
EMEA Cold Mix Asphalt Additives Market Research Report 2018
Global Cold Mix Asphalt Additives Market Research Report 2018
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