openPR Logo
Press release

Hot/Warm Mix Additives to Increase Asphalt Additives Demand by 1.6x Through 2027

05-24-2021 07:03 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Fact.MR

The global asphalt additives market is projected to grow at a healthy CAGR of over 5% till 2027, says Fact.MR.

Click here to Get Complete Synopsis of the Report – https://www.factmr.com/report/4413/asphalt-additives-market

Out of every hundred kilometers of newly paved roads constructed worldwide - an estimated 40 kilometers of roads are asphalt based. Road infrastructure is one of the key priorities of governments, and close to 35% of worldwide infrastructure investment is likely to be allocated towards this. Asphalt additives have a concrete role to play in order to improve the performance and sustainability of roads.

For detailed insights on enhancing your product footprint, request for a sample here – https://www.factmr.com/connectus/sample?flag=S&rep_id=4413

Sustainable surfaces are an important attribute in the road construction industry, and present a prime opportunity for government departments as well as contractors to use additives in asphalt paved roads. Construction industry trends have asserted the need for eco-friendly additives in road construction, wherein preference for non-petroleum based additives has gained momentum. This, has encouraged industry participants to shift toward bio-based additives.

For critical insights on this market, request for methodology here – https://www.factmr.com/connectus/sample?flag=RM&rep_id=4413

Key Takeaways of the Asphalt Additives Market

• Warm/hot mix segment led the asphalt additives market in 2018. It is likely to maintain its hegemony during the forecast period. The warm/hot mix segment is also anticipated to expand at a rapid pace in the asphalt additives market during the forecast period.
• Polyester modifiers accounted for more than one third of the asphalt additives market in 2018. It is likely to decline during the forecast period on the back of increasing penetration of other additives such as bitumen emulsifiers and rejuvenators.

For in-depth competitive analysis, buy now – https://www.factmr.com/checkout/4413/S

• Fact.MR says demand for road construction is expected to grow 1.5X over the next decade owing to an increased demand for sustainable roads
• Middle East & Africa are anticipated to witness a significant growth of around 6% through the forecast period. Asphalt additives market in the Middle East and Africa is highly influenced by new road network projects which promotes the use of asphalt additives. The project is part of its efforts to achieve sustainability, promote innovation, encourage recycling and create a national green road network.

Read More Trending and Similar Reports from Fact.MR – https://www.globenewswire.com/en/news-release/2020/03/26/2007072/0/en/Demand-for-Pharmaceutical-Packaging-to-Double-Through-2029-High-Preference-for-Sustainable-Packaging-to-Drive-Market-Growth-Says-a-New-Fact-MR-study.html

“Asphalt additives demand is focused on advances in bio-based, recycled materials that can be used to minimize harmful emissions and save the world from their negative effects.” according to a Fact.MR analyst

Product Innovations Strengthening the Foothold of Key Manufacturers

The increasing number of construction projects and smart city developments are creating a way ahead for key manufacturers as well as new entrants in the landscape of asphalt additives.

For comprehensive insights on this market adoption, ask an analyst here – https://www.factmr.com/connectus/sample?flag=AE&rep_id=4413

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
E: sales@factmr.com
Website: https://www.factmr.com
Content Source: https://www.factmr.com/media-release/1199/asphalt-additives-demand

About Us:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Hot/Warm Mix Additives to Increase Asphalt Additives Demand by 1.6x Through 2027 here

News-ID: 2289460 • Views:

More Releases from Fact.MR

E-Beam Wafer Inspection System Market is Expected to Progress at a CAGR of 18.3% to Reach US$ 4,630.3 Million by 2035
E-Beam Wafer Inspection System Market is Expected to Progress at a CAGR of 18.3% …
The global e-beam wafer inspection system market is projected to increase from USD 862.5 million in 2025 to USD 4,630.3 million by 2035, with a CAGR of 18.3% during the forecast period. Growth is driven by rising demand for high-quality semiconductor wafers fueled by advanced electronic devices and emerging technologies. E-beam wafer inspection systems are ideal for their ability to provide ultra-high-resolution nanoscale defect detection, down to 1-2 nanometers, enabling precise
Fire Pits Market is Poised to Grow at a CAGR of 3.5% to Reach US$ 217.1 Million by 2035
Fire Pits Market is Poised to Grow at a CAGR of 3.5% to Reach US$ 217.1 Million …
The global fire pits market is forecast to reach USD 217.1 million by 2035, up from USD 153.9 million in 2025. During the forecast period, the industry is projected to register a CAGR of 3.5%. Increasing outdoor living investments as homeowners seek better leisure spaces are driving the fire pits market. Consumers are increasingly incorporating fire pits into gardens, patios, and backyard spaces to create inviting, cozy environments for social gatherings
Drone Battery Industry Analysis in Europe is Predicted to Reach US$ 4.31 Billion by 2034, Expanding at a CAGR of 7.8% | Fact.MR
Drone Battery Industry Analysis in Europe is Predicted to Reach US$ 4.31 Billion …
According to the latest study published by Fact.MR, demand for drone batteries in Europe is estimated at a market value of US$ 2.03 billion in 2024. The European market is projected to expand at a CAGR of 7.8% and reach US$ 4.31 billion by the end of 2034. Increasing demand for drones in several use cases, including photography, construction, agriculture, delivery, and surveillance, is set to drive the sales of long-lasting
North America Cosmetic Dropper Market to Reach 4.1% CAGR by 2035, Driven by Premium Skincare Demand
North America Cosmetic Dropper Market to Reach 4.1% CAGR by 2035, Driven by Prem …
The global cosmetic dropper market is poised for significant growth, driven by evolving consumer preferences and advancements in packaging technologies. The market is projected to expand from USD 98.6 million in 2025 to USD 185.1 million by 2035, registering a compound annual growth rate (CAGR) of 6.5% during this period. This growth reflects an increasing demand for cosmetic products that combine functionality, aesthetics, and convenience. For More Insights into the Market,

All 5 Releases


More Releases for Asphalt

Advance Asphalt Expands Premium Asphalt Services in Pembroke, MA
Image: https://www.getnews.info/wp-content/uploads/2024/09/1727111601.png Pembroke, MA - September 24, 2024 - Advance Asphalt, a leader in high-quality asphalt services, proudly announces the expansion of its offerings in Pembroke, MA. Known for exceptional craftsmanship and reliable service, Advance Asphalt continues to deliver top-tier solutions for both residential and commercial clients. Among the premier services now available is seal coating in Pembroke, MA. [https://www.google.com/maps?cid=11586809525069397860]This service ensures protection against the damaging effects of weather, oil, and traffic
Tullahoma Asphalt Paving: Professional Paving Company For All Asphalt Needs
Image: https://www.getnews.info/wp-content/uploads/2024/09/1724949979.png Tullahoma Asphalt Paving is a top company that offers a wide array of quality paving services, excellent customer service, and expertise. Its professional and knowledgeable paving contractors look for ways to find the best value for their clients' commercial or home projects. Tullahoma, TN - Tullahoma Asphalt Paving is a leading provider of high-quality asphalt services in Tullahoma, TN, and nearby regions. The Asphalt Company Tullahoma [https://www.google.com/maps?cid=10079490256593890372] has established
Dickson Asphalt Paving Shares Common Mistakes to Avoid in Asphalt Paving
Image: https://www.getnews.info/wp-content/uploads/2024/07/1720789699.jpeg Dickson Asphalt Paving is a top-rated asphalt paving company. In a recent update, the company shared common mistakes to avoid in asphalt paving. Dickson, TN - In a website post, Dickson Asphalt Paving shared common mistakes to avoid in asphalt paving. The technicians mentioned that inadequate surface preparation is a frequent oversight in asphalt paving Dickson [https://maps.app.goo.gl/q5zz1UUdZ13ZvnAa8]. Skipping essential steps such as proper grading and compacting of the base can lead
Professional and Quality Asphalt Paving Services by Licensed Asphalt Contractors
Image: https://www.getnews.info/wp-content/uploads/2024/07/1720802632.jpeg Asphalt paving requires the services of a professional in the field for the installation and repair processes to get done well without hitches. Asphalt paving has numerous benefits, like improved driving experience and aesthetic appeal when properly installed. There are different asphalt paving companies in the industry, and selecting the best-qualified one improves one's chances of getting a remarkable service. Brentwood, TN - Brentwood Asphalt Paving is a professional
Apopka Asphalt Paving Shares Common Mistakes to Avoid in Asphalt Paving
Apopka Asphalt Paving is a premier asphalt paving company. In a recent update, the company shared common mistakes to avoid in asphalt paving. Apopka, FL - In a website post, Apopka Asphalt Paving shared common mistakes to avoid in asphalt paving. The experts noted that one frequent mistake in asphalt paving Apopka [https://apopkaasphaltpaving.com/kit-land-nelson-park-a-community-gem-in-apopka-fl/] is inadequate site preparation. Skipping or rushing through this step can result in an unstable foundation, leading to
RSH Asphalt Rebrands as Hardtop Asphalt, Continues Serving Murfreesboro & Nashvi …
RSH Asphalt Maintenance continues to offer high-quality asphalt paving and repair services under their new name: Hardtop Asphalt. The rebrand was to ensure their name embodied the quality of work they focus on bringing to every client throughout Murfreesboro TN, Nashville TN, and the surrounding counties. Murfreesboro, TN - Hardtop Asphalt, formerly known as RSH Asphalt, is excited to announce its rebranding and expansion of services in Murfreesboro and Nashville, TN.