Asphalt Additives Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2016–2024
Cold mix asphalt is manufactured by adding a special category of emulsified asphalt with aggregates. The emulsion used reduces the viscosity of the asphalt, thus making it workable even at cold temperatures. Cold mix asphalt is premixed and stored for a long duration, thus making it an ideal product for road repairs and various other low-volume uses and is mixed and applied at lower temperatures as compared to conventional hot mix. Cold mix asphalt also has various environmental benefits such as low-temperature mixing resulting in reduced fuel consumption and resulting fumes. The production of cold mix asphalt is relatively eco-friendly, with very low associated emissions.
To know more about the key players in this market, get in Touch With us for a FREE sample of this report: https://www.coherentmarketinsights.com/insight/request-sample/287
Asphalt Additives Market Taxonomy
On the basis of product type, the global market is segmented into:
On the basis of function, the global market is classified into:
On the basis of application, the global market is classified into:
Roads and Infrastructure
In construction industry, asphalt derivatives are used in formulating mortar admixtures and concrete. They also find application in manufacturing of gypsum, cement plasterboard and asphalt emulsions. Various asphalt additives used in the construction industry include foaming agents, dispersants, defoamers, grinding aids, accelerators and air entrainers. Asphalt additives are used for both, new construction as well as maintenance activities, with the former being the largest application area.
Asphalt Additives Market Outlook – Need for Increasing Road Infrastructure to be the Major Market Driver
Asia Pacific and North America are expected to be the most potential markets for plastic additives manufacturers. Asia Pacific is projected to witness relatively high growth in terms of value over the forecast period. Development of roads and infrastructure is one of the major factors contributing to the growth of geotextile market. Asia Pacific is one of the major contributors in the geotextile market globally. Rapidly flourishing urbanization has led to the increase in the requirement of new roads and modern infrastructure. This trend is expected to be followed over the forecast period. According to IBEF India has the second largest road network in the world and is expected to reach total revenue of USD 6.9 billion by the end of 2017. India Brand Equity Foundation (IBEF) is a Trust established by the Ministry of Commerce and Industry, Department of Commerce in collaboration with the Government of India with the purpose of promoting and creating international awareness of goods manufactured in India. This mainly attributed to various government initiatives such as Pradhan Mantri Gram Sadak Yojana (PMGSY), during which 133-km roads per day was constructed in 2016-17 and others.
Reusable applications of asphalt additives are fueling the demand for asphalt additives, especially in Asia Pacific and Middle East regions. Expansion in various geographies is a key strategy adopted by the major players in the asphalt additives market. IN September 2015, CalPortland completed expansion of the business in California which will add to the manufacturing capacity of the company. Some of the major companies operating in the global asphalt additives industry include CalPortland, AkzoNobel N.V., Tri-Chem Industries, Ingevity, E. I. du Pont de Nemours and Company, Evonik Industries AG, Huntsman International LLC, Kao Corporation, Honeywell International Inc., ArrMaz, and The Arkema Group.
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Coherent Market Insights
1001 4th Ave,
Seattle, WA 98154
Visit Coherent Market Insights Blog @ https://blog.coherentmarketinsights.com/
Connect with us on LinkedIn @ https://www.linkedin.com/company/coherent-market-insights
This release was published on openPR.
Permanent link to this press release:
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 Asphalt Additives Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2016–2024 here
News-ID: 543834 • Views: 213
More Releases from Asphalt Additives Market
Global Asphalt Additives Market Growing Popularity and Emerging Trends By Top Pl …
Researchmoz added Most up-to-date research on "Global Asphalt Additives Market Growing Popularity and Emerging Trends By Top Players - ArrMaz, Arkema Group, Kao Corporation, Honeywell International Inc. and The Dow Chemical Company" to its huge collection of research reports. Asphalt additives are materials incorporated into the asphalt binder inorder to enhance the performance characteristics of the asphalt product. Asphalt additives can added to the binder through hot mix, warm mix or
New Market Research Report : Global Asphalt Additives Market to Grow at a CAGR o …
Albany, NY, 14th September : Recent research and the current scenario as well as future market potential of "Global Asphalt Additives Market 2017-2021" globally. Asphalt additives are ingredients that are added to asphalt binders to improve the overall performance of asphalt in road constructions, waterproofing solutions, recreational activities, and other applications. The global asphalt additives market is on the rise backed by increasing environmental concerns and the need to maintain asphalt
ASPHALT ADDITIVES MARKET - GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORT …
Asphalt additives are materials that enhance the adhesive force between aggregates and asphalt cements. They are also used for improving pavement performance through reduced moisture-induced damage and pavement rutting. Hot mix asphalt is a mixture of approximately 95% stone, sand bound together with the help of asphalt cement. The asphalt cement used for binding is a heated aggregate, combined, and mixed with the aggregate at a hot mix asphalt facility. For
Asphalt Additives Market - Global Industry Insights, Trends, Outlook, and Opport …
Asphalt additives are materials that enhance the adhesive force between aggregates and asphalt cements. They are also used for improving pavement performance through reduced moisture-induced damage and pavement rutting. Hot mix asphalt is a mixture of approximately 95% stone, sand bound together with the help of asphalt cement. The asphalt cement used for binding is a heated aggregate, combined, and mixed with the aggregate at a hot mix asphalt facility. A
More Releases for Cold
Cold Pain Therapy Market
Allied Market Research (USA, Oregon, Portland) Published Latest Report titled, ‘Cold Pain Therapy Market: Global Opportunity Analysis and Industry Forecast 2020-2027’. The Cold Pain Therapy Market is expected to witness growth in upcoming years due to factors such as increase in target patient population, which mostly includes patients suffering from cancer, tuberculosis and cardiovascular diseases. This market research study determines the increase in changes and the aspects which are likely to have
COLD ROOM CONSTRUCTION
How to get an official quotation from Akpo Oyegwa Refrigeration Company? For clarification kindly visit the official website as various sizes of cold rooms have been published with the costs included. As soon as you have made your final decision about the exact size of cold room you need then you can proceed further by filling the quotation request form online and an official quotation will be sent to you via e-mail. https://www.nigeriacontractor.com/get-a-quote/
COLD CHAIN BUSINESS
The Cold Chain Industry is developing at a faster rate in India due to a shift in focus to better storage and transportation facility of the commodity from increasing the production. A cold chain is a temperature-controlled supply chain that involves the storage and transportation of perishable goods. The cold chain helps to preserve and increase the shelf life of various products including agricultural produce, frozen food, pharmaceuticals, etc. Food
Cold coffee cannibalizing cold drinks
The price of coffee is set to reach a record high by 2018, which is why coffee shops are hoarding coffee beans to meet consumer demand. While sales of hot coffee fell by 3% due to rising summer temperatures, cold coffee market sales were up by 80% over the previous year. It takes about 0.2 kilograms of beans to brew a gallon of hot coffee, while cold coffee takes only a pound.
Cold Chain Packaging Market -
The quality of service in “Cold Chain” is largely dependent on the growing investments in latest technology as well as equipment, particularly the cold chain packaging solution. Over the last decade or two, highly competitive market are facing economic hardships, and hence, pharmaceutical companies were looking for different methods to minimize cost of product packaging. One of the ways thought of to achieve cost cutting was the use of inexpensive
DAVOS - COLD OR HOT?
Davos – Cold or Hot? Check out on 9-10 February, 2012! - Prepare for a heated debate on who to run Employee Comms - HR or PR, with Paul Holmes, a seasoned PR and communications professional, founder of The Holmes Report and the SABRE awards, and an indisputable authority worldwide. -Join the round table on communicating scientific breakthrough with James Gillies, head of communications at CERN, as moderator. -Come to hear Daniel Holtgen’s solutions