DecisionDatabases.com offers Asphalt Additives Market Research Report. This Report covers the complete Industry Outlook, Growth, Size, Share and Forecast Till 2021.
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Asphalt additives are those substances which when added to asphalt help to modify characteristic of asphalt. The reason for adding additives to asphalt is to increase the functional temperature range and enhance the binding property of asphalt. The additives also help in improving the thickness of asphalt film. This helps to prevent cracking, raveling and deformation of the asphalt film. Overall, additives help to reduce the maintenance of asphalt constructions.
Asphalt additives are classified according to technology by hot/warm mix and cold mix. Hot/Warm mix technology helps to produce superior-quality asphalt concrete, which is utilized in the construction of highways and freeways. So, this technology is widely used. Asphalt additives are segmented according to application as road construction & paving, roofing and others (including airfields, parking lots, drinking water enclosures, waste disposal sites and bridge decks). Road construction and paving is the largest growing segment and is expected to rise during the forecast period.
The key drivers for the asphalt additives is growing demand in construction industry and growing consumer inclination towards asphalt additives for roofing applications. The huge investments in construction sector to meet industrial and residential infrastructure demand in developing nations is expected to boost the market. Rise in government projects for road construction in developing economies is expected to fuel the market growth. The key constraint of this market is the availability of cheaper alternatives such as concrete and gypsum.
Asia Pacific is the largest market of the asphalt additives and is expected to grow during the forecast period. The growth of infrastructural development in developing economies such as China and India is estimated to boost demand for asphalt additives. Middle East & Africa is expected to be the fastest growing market for asphalt additives due to rising expenditure on construction projects. The key manufacturers of asphalt additives are Arkema Group, Kao Corporation, Honeywell International Inc., The Dow Chemical Company, E. I. du Pont de Nemours and Company, Berkshire Engineering Supplies, Engineered Additives and Huntsman Corporation.
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DecisionDatabases is involved in providing research reports and company profiles in the global asphalt additives market in terms of revenue and output/volume. Market drivers, opportunities and restraints are thoroughly studied which influences the market. This study is further utilized for the overall analysis of the market. The asphalt additives market is segmented based on the global applications, geographic presence, by products and ingredients. We offer an inclusive category-specific market outlook. We provide access to a comprehensive collection of companies in the industry. The companies can strategize and execute business operations through our competitor analysis. Find the global industry analysis, market size, share, growth, and trends information in our asphalt additives profiles.
Major Table Of Contents:
2. EXECUTIVE SUMMARY
3. MARKET ANALYSIS OF ASPHALT ADDITIVES
4. ASPHALT ADDITIVES MARKET ANALYSIS BY TECHNOLOGY
5. ASPHALT ADDITIVES MARKET ANALYSIS BY APPLICATION
6. ASPHALT ADDITIVES MARKET ANALYSIS BY GEOGRAPHY
7. COMPETITIVE LANDSCAPE OF ASPHALT ADDITIVES COMPANIES
8. COMPANY PROFILES OF ASPHALT ADDITIVES INDUSTRY
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