Press release
Asphalt Anti-Strip Market Insights by Key Players - Akzonobel NV, Dupont, Arkema SA, Honeywell International Inc., Evonik Industries, Kraton Corporation, Huntsman Corporation, Sasol Limited, Ingevity Corporation, ArrMaz, and DOW Chemical Company
Leading asphalt anti-strip manufacturers are offering technical support according to the availability of local raw materials and specifications to gain a competitive edge in the asphalt anti-strip market. Furthermore, by providing global coverage with state-of-the-art laboratories for research across the world, asphalt anti-strip market leaders are offering customized technical support for industrial end-users across different geographical regions.
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Moisture damage is one of the key challenges for manufacturers of asphalt anti-strip additives, which may hamper the growth of the asphalt anti-strip market in the near future. Top tier companies in the asphalt anti-strip market are shifting their efforts to developing more effective ways to improve the resistance of asphalt anti-strip additives against the damage caused due to moisture. Rapidly increasing investments in research & development by asphalt anti-strip manufacturers is likely to emerge as one of the most popular trend in the asphalt anti-strip market in the upcoming years.
Demand for Higher Operational Efficiency and Development of Efficient Additives to Drive the Global Asphalt Anti-Strip Market
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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This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on
Market Dynamics
Market Size
Market Segments
Demand & Supply Trends
Current Issues and Challenges
Companies and Competitor Landscape
Value Chain
Technology
Regional Segments Analyzed Include
North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, N. Africa)
Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.
Highlights from the Report
Elaborated scenario of the parent market
Transformations in the market dynamics
Detailed segmentation of the target market
Historical, current and forecast market size based on value and volume
Latest industry developments and trends
Competition landscape
Strategies adopted by the market players and product developments made
Potential and niche segments, along with their regional analysis
Unbiased analysis on performance of the market
Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness
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