Asphalt Additives Market On Global And Regional Level From 2017 - 2023

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Asphalt additives are substances added to asphalt to modify characteristic properties of asphalt binder. Primary reason for adding additives to asphalt is to increase the functional temperature range of asphalt. Viscosity of asphalt decreases at high temperature and increases drastically at low temperature. This hinders the usage of asphalt in roads, pavements, airfields, and parking lots made of asphalt. Usage of additives helps overcome this shortcoming. Additives are also used to enhance the binding property of asphalt by strengthening the asphalt aggregate bond. Furthermore, additives improve the film thickness of asphalt, thus preventing cracking, raveling, and deformation. This, in turn, reduces maintenance cost of asphalt-constructed structures. There are different types of asphalt additives. However, varieties that are primarily used include asphalt rubber, polymers, and chemical modifiers. Fibers and fillers are also used as additives in asphalt.

This report provides detailed analysis and forecast of the asphalt additives market on a global and regional level from 2015 to 2023. On the global level, the market has been segmented based on volume (kilo tons) and revenue (US$ Mn) from 2015 to 2023.Demand for asphalt additives has been forecast in terms of volume (kilo tons) and revenue (US$ Mn) from 2015 to 2023 to provide in-depth understanding of the market at the regional level. The report includes drivers and restraints coupled with their impact on the market growth during the forecast period. Furthermore, the study encompasses various opportunities for growth of the market at the global and regional level.

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The report thoroughly analyzes the value chain to provide detailed understanding of the market. Additionally, it covers Porter

Table of Content

Chapter 1 Preface
1.1 Report Description
1.2 Research Scope & Assumptions
1.3 Market Segmentation
1.4 Research Methodology

Chapter 2 Executive Summary
2.1 Global Asphalt Additives Market, 2014 - 2023, (Kilo Tons) (US$ Mn)
2.2 Global Asphalt Additives: Market Snapshot

Chapter 3 Asphalt Additives Market– Industry Analysis
3.1 Introduction
3.2 Value Chain Analysis
3.3 Market Drivers
3.3.1 Increasing expenditure on construction in MEA to augment demand for asphalt additives
3.3.2 Increase road construction activities to boost demand for asphalt additives during the forecast period

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