Press release
Europe Asphalt Additives Market Size, Revenue, Regional Share and Trends Research Report by 2031
Transparency Market Research delivers key insights on the globalย asphalt additives market. In terms of revenue, the global asphalt additives market is estimated to expand at a CAGR ofย 6%ย 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.
๐๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:ย https://www.transparencymarketresearch.com/asphalt-additives-market.html
Asphalt Additives Market: Dynamics
Hot Mix Asphalt (HMA) is a mixture of approximatelyย 95%ย of stones with sand or gravel bound together by asphalt binder. The asphalt binder is heated to more than 150ยฐC. 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 90ยฐC, 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.
๐๐๐ญ ๐๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ซ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ง๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐ง๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ง๐๐:ย https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3238ย
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.
Asphalt Additives Market: Prominent Regions
Asia Pacific was a leading region of the global asphalt additives market inย 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.
๐๐๐ญ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ :ย https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=3238ย
In terms of consumption, Asia Pacific is followed by Europe and North America. Europe accounted for moderate share of the global asphalt additives market inย 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.
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)
๐๐ฅ๐ข๐๐ค ๐ ๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ:ย https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=3238ย
Asphalt Additives Market, by Application
Road Construction & Paving
Roofing
Airport Construction
Others (including Railway Beds and Playgrounds)
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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.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
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