Asphalt Additive Market Key Opportunities, Revenue Insights and Future Demand by 2026: Shell, Owens Corning, Nouryon, DuPont de Nemours Inc, Arkema, Honeywell, Evonik, Huntsman International LLC, and so on

If you want to make better decisions, generate maximum revenue, and enhance business profit, then asphalt additive market research report is the key. This top-notch market report is generated with the proficient capabilities and excellent resources in research, data collection, development, consulting, evaluation, compliance and regulatory services for chemical and materials industry. Here, the method of SWOT analysis and Porter’s Five Forces analysis are used which are also preferred by businesses. Besides this, market drivers, market restraints, opportunities and challenges are evaluated under market overview which gives valuable insights to businesses for taking right moves.

Leading Key Players of global asphalt additive market are Nouryon, DowDuPont de Nemours Inc, Arkema, Honeywell International Inc, Evonik Industries, Huntsman International LLC, KRATON CORPORATION, Sasol, Ingevity, ArrMaz, BASF SE, KAO CORPORATION, Akzo Nobel N.V., Berkshire Engineering, Engineered Additives LLC, Royal Dutch Shell, Owens Corning and others.

The asphalt additive report focuses on specific stock, currency, commodity and geographic region or country. Market research analysis and data lend a hand to businesses for the planning of strategies related to investment, revenue generation, production, product launches, costing, inventory, purchasing and marketing. This report is a great source of information for the major happenings and industry insights which is very valuable to thrive in this competitive age. The asphalt additive market report intensely analyses the potential of the market with respect to current scenario and the future prospects by considering several industry aspects. Thorough and transparent research studies conducted by a team work of experts in their own domain accomplish this global market research report.

Global asphalt additive market is projecting a rise in estimated value by registering a substantial CAGR of 6.5% in the forecast period of 2019-2026 due to development in infrastructure; recycle Asphalt and rise in demand for various applications.

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Asphalt is the thick black brown coloured substance made up of heavy hydrocarbons. It is derived from crude after application of refining processes. Additives are the constituents which are added in order to change the composition or properties of a substance. Asphalt additives consist of wide applications including improving the heat stability, increases elasticity, decreases viscosity and others. Moreover, factors such as adoption of asphalt additives for the development of infrastructure and reduction in damage caused by environment enhancing the asphalt additive market.

Recent Industry Developments

In April 2019, Nouryon launched Wetfix G400 in order to expand the asphalt market. Wetfix G400 is derived from renewable resources and it is non-amine adhesive in nature. The new Wetfix G400 would meet the demand of the customers for sustainable alternatives in order to maintain asphalt’s durability and mixture performance

In May 2017, Maxxchem which is manufacturer of asphalt additives had been acquired by the ArrMaz. The Maxxchem business would be added into the ArrMaz’s Road Science Divison. The major aim of this acquisition is to provide cost-effective and innovative solutions for long lasting and safe roads

Various features and important queries have been answered in top-notch report

• What are the market tools and techniques on the basis of which the Asphalt additive market is evaluated?

Various market research tools and techniques such as PESTEL analysis, SWOT analysis, Porter’s Five Forces analysis, Primary and secondary research methodologies have utilized to dig deep into this Asphalt additive market.

• What all regions are covered in this Asphalt additive market research report?

The focused regions are basically U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

• How does this report prove to be beneficial for the readers?

The Asphalt additive market report saves crucial time of the readers by providing deep and unbiased insights related to Asphalt additive market under one roof. Additionally, this report can be customized according to the customers’ requirement. Specific regional wise or country wise analysis is also available as per on request.

• Competitors

In this section, various Asphalt additive industry leading players are studied with respect to their company profile, product portfolio, capacity, price, cost, and revenue.

• Sales and Revenue Analysis

Both, sales and revenue are studied for the different regions of the Asphalt additive Market. Another major aspect, price, which plays an important part in the revenue generation, is also assessed in this section for the various regions.

• Market Dynamics

The analysts explore critical influence factors, market drivers, challenges, risk factors, opportunities, and market trends in this section.

• Application Usage

The section provides up-to-date information on the customer experience which can help identify the problems as well as detailed errors in the products. Through these findings, you will be able to provide solutions to it.

Major Highlights of TOC:

Chapter One: Asphalt additive Industry Overview

1.1 Asphalt additive Industry
1.1.1 Overview
1.1.2 Products of Major Companies
1.2 Asphalt additive Segment
1.2.1 Industry Chain
1.2.2 Consumer Distribution
1.3 Price & Cost Overview
Chapter Two: Asphalt additive Demand
2.1 Segment Overview
2.1.1 APPLICATION 1
2.1.2 APPLICATION 2
2.1.3 Other
2.2 Asphalt additive Size by Demand
2.3 Asphalt additive Forecast by Demand
Chapter Three: Asphalt additive by Type
3.1 By Type
3.1.1 TYPE 1
3.1.2 TYPE 2
3.2 Asphalt additive Size by Type
3.3 Asphalt additive Forecast by Type
Chapter Four: Major Region of Asphalt additive Market
4.1 Asphalt additive Sales
4.2 Asphalt additive Revenue & market share
Chapter Five: Major Companies List
Chapter Six: Conclusion

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Market Drivers and Restraints

Government initiatives and funding for infrastructure projects in developed and developing countries is driving the market growth

Rising global construction industry is the major factor driving the growth of the market

Growing demand for asphalt additives for roofing applications is boosting the market growth

Concrete and bioasphalt are used as a substitute for asphalt which is hindering the market growth

Fluctuation in prices may act as a restraint to this market

Key Market Segmentation of Asphalt Additive

By Application

• Road Construction & Paving
• Roofing
• Airport Construction
• Others

By Technology

• Hot Mix
• Cold Mix
• Warm Mix

By Type

• Polymeric Modifiers
• Anti-Strip & Adhesion Promoters
• Emulsifiers
• Rejuvenators
• Chemical Modifiers
• Fibers
• Flux Oil
• Colored Asphalt
• Others

By Geography

• North America
• South America
• Europe
• Asia-Pacific
• Middle East and Africa

Competitive Analysis:

Global asphalt additive market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of asphalt additive market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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