Asphalt Additives Market to Reach Valuation of US$ 7.79 Bn by 2031

𝐀𝐬𝐩𝐡𝐚𝐥𝐭 𝐀𝐝𝐝𝐢𝐭𝐢𝐯𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧

Transparency Market Research delivers key insights on the global asphalt additives market. In terms of revenue, the global asphalt additives market is estimated to expand at a CAGR of 6% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in its report on the global asphalt additives market.
The global asphalt additives market is broadly affected by several factors, including rise in usage of asphalt additives in Reclaimed Asphalt Pavement (RAP). Thus, increase in applications of asphalt additives in RAP is propelling the global asphalt additives market.

𝐑𝐞𝐚𝐝 𝐫𝐞𝐩𝐨𝐫𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰 - https://www.transparencymarketresearch.com/asphalt-additives-market.html

𝐀𝐬𝐩𝐡𝐚𝐥𝐭 𝐀𝐝𝐝𝐢𝐭𝐢𝐯𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬

Hot Mix Asphalt (HMA) is a mixture of approximately 95% of stones with sand or gravel bound together by asphalt binder. The asphalt binder is heated to more than 150°C. It is then mixed and combined in an HMA facility. The hot mix asphalt is a widely used type of asphalt across the world, due to its flexibility and resistance to weather conditions and water.

Warm Mix Asphalt (WMA) is manufactured at temperatures more than 90°C, but below HMA temperatures. This involves the use of additional binding materials and additives, including emulsions and zeolites, for easier pouring and spreading at low temperatures. WMA is more eco-friendly and less costly than HMA.
Cold Mix Asphalt (CMA) is produced by emulsifying the asphalt in water with surfactants, prior to mixing it with the aggregate. The emulsified asphalt mixture is easy to work and compact in nature due to its lower viscosity. The asphalt sets as soon as enough water evaporates and the emulsion breaks.

𝐆𝐞𝐭 𝐏𝐃𝐅 𝐬𝐚𝐦𝐩𝐥𝐞 𝐟𝐨𝐫 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐚𝐧𝐝 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐈𝐧𝐭𝐞𝐥𝐥𝐢𝐠𝐞𝐧𝐜𝐞 -
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3238

Asphalt is the most extensively used road construction & paving material, followed by concrete. Asphalt roads and pavements are known for their durability and resilience. Asphalt road construction projects can be completed in a shorter time as compared to projects with other materials.
Bricks, pavers, cobblestone, concrete, permeable paving, gravel and cement are some substitutes that are being increasingly employed in place of bitumen. Concrete is the highest consumed product for construction and maintenance of roads.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 -
https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=3238

𝐀𝐬𝐩𝐡𝐚𝐥𝐭 𝐀𝐝𝐝𝐢𝐭𝐢𝐯𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐏𝐫𝐨𝐦𝐢𝐧𝐞𝐧𝐭 𝐑𝐞𝐠𝐢𝐨𝐧𝐬

Asia Pacific was a leading region of the global asphalt additives market in 2020. The region is estimated to continue to dominate the global asphalt additives market during the forecast period. Rise in investments in road construction due to the growth in population and increase in road traffic in developing countries such as China and India is likely to drive the asphalt additives market in the region.

In terms of consumption, Asia Pacific is followed by Europe and North America. Europe accounted for moderate share of the global asphalt additives market in 2020. The road building industry in Europe is expected to expand due to the strengthening economy of countries in the region. This is leading to an increase in construction activities and investments and jobs in Europe. Thus, Europe accounts for key share of the global asphalt additives market. Increase in demand for export of products containing asphalt additives, especially for making pulp and paper, is propelling the asphalt additives market in the region.
Asphalt Additives Market: Key Players

The global asphalt additives market is fragmented with the presence of a large number of players. Key players operating in the global asphalt additives market are Nouryon, Arkema, BASF SE, Arrmaz, Grupo Dynasol, Ingevity, Iterchimica, MCASPHALT, China Petroleum and Chemical Corporation, ATDM Co., Cargill, Inc., Birkshire Engineering Supplies, Engineered Additive LLC, Kao Corporation, Honeywell International Inc., Petrochem Specialties, Huntsman International LLC, Evonik Industries AG, Sasol Ltd., Dupont De Nemours, Inc., Dow, and Kraton Corporation.

𝐌𝐚𝐤𝐞 𝐚𝐧 𝐄𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 -https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=3238

𝐆𝐥𝐨𝐛𝐚𝐥 𝐀𝐬𝐩𝐡𝐚𝐥𝐭 𝐀𝐝𝐝𝐢𝐭𝐢𝐯𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧

Asphalt Additives Market, by Technology
• Warm/Hot Mix
• Cold Mix
Asphalt Additives Market, by Type
• Polymer Additives
• Fiber
• Antioxidants
• Anti-stripping Agents/Adhesion Promoters
• Emulsifiers
• Anti-icing Agents
• Additives Enhanced with Graphene
• Others (Including Powders, Oil, and Wax)
Asphalt Additives Market, by Application
• Road Construction & Paving
• Roofing
• Airport Construction
• Others (including Railway Beds and Playgrounds)
Asphalt Additives Market, by Region
• North America
o U.S.
o Canada
• Europe
o Germany
o France
o U.K.
o Italy
o Spain
o Russia & CIS
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o ASEAN
o Rest of Asia Pacific
• Latin America
o Brazil
o Mexico
o Rest of Latin America
• Middle East & Africa
o GCC Countries
o South Africa
o Rest of Middle East & Africa

𝐀𝐛𝐨𝐮𝐭 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
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𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬:

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Transparency Market Research Inc.
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