Market Study Report adds “Global Asphalt Additives Market Report” new report to its research database. The report spread across 162 pages with table and figures in it. The report provides information on Industry Trends, Demand, Top Manufacturers, Countries, Material and Application.
Delaware, Selbyville – July 27, 2019 /MarketersMedia/ —
The Global Asphalt Additives Market size was at USD 4010 million in 2019 and is projected to reach USD 5060 million by 2024, at a CAGR of 3.9%.
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.
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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.
The technical barriers of asphalt additives are relatively high, resulting in high level concentration degree. The manufacturing bases scatter around the world, mainly concentrating in Korea, China, Japan and USA. The key companies in asphalt additives market include. Evonik, Kratom, DuPont, Arkema, Sinopec, LCY CHEMICAL CORP. In 2015, the demand for asphalt additives in all regions is leveling off. The demand for these products will grow steadily.
In the past few years, the price of asphalt additives decreased, and we expect the price has pressure to increase in short time with new capacity released. However, the improvement of energy, transportation costs, employee wages, and equipment depreciation will play a significant role in promoting the cost of asphalt additives. Therefore, to some extent, the companies face the risk of profit decline.
Research objectives:
• To study and analyze the global Asphalt Additives consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
• To understand the structure of Asphalt Additives market by identifying its various subsegments.
• Focuses on the key global Asphalt Additives manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
• To analyze the Asphalt Additives with respect to individual growth trends, future prospects, and their contribution to the total market.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• To project the consumption of Asphalt Additives submarkets, with respect to key regions (along with their respective key countries).
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
• To strategically profile the key players and comprehensively analyze their growth strategies.
Segments:
Segmentation by product type
• Asphalt Modifier
• Antistripping agent
• Asphalt emulsifier
• Surfactant additives
• Foam stabilizer
• Others
Segmentation by application
• Road construction & paving
• Roofing
• Others (Including airfields, parking lots, drinking water enclosures, waste disposal sites, and bridge decks)
This report also splits the market by region
• Americas [United States, Canada, Mexico, Brazil]
• APAC [China, Japan, Korea, Southeast Asia, India, Australia]
• Europe [Germany, France, UK, Italy, Russia, Spain]
• Middle East & Africa [Egypt, South Africa, Israel, Turkey, GCC Countries]
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report
• Evonik
• Kratom
• DuPont
• Arkema
• Dow Chemical
• Akzo Nobel
• Huntsman
• Berkshire Engineering Supplies
• ArrMaz
• Kao Corporation
• Engineered Additives
• BASF
• Sonneborn
• Honeywell
• Ingevity
• LUCOBIT
• Sinopec
• LCY CHEMICAL CORP
• Jiangsu Jinyang
• Zibo bridge lung
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Table of Contents:
2019-2024 Global Asphalt Additives Consumption Market Report
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Asphalt Additives Consumption 2014-2024
2.1.2 Asphalt Additives Consumption CAGR by Region
2.2 Asphalt Additives Segment by Type
2.2.1 Asphalt Modifier
2.2.2 Antistripping agent
2.2.3 Asphalt emulsifier
2.2.4 Surfactant additives
2.2.5 Foam stabilizer
2.2.6 Others
2.3 Asphalt Additives Consumption by Type
2.3.1 Global Asphalt Additives Consumption Market Share by Type (2014-2019)
2.3.2 Global Asphalt Additives Revenue and Market Share by Type (2014-2019)
2.3.3 Global Asphalt Additives Sale Price by Type (2014-2019)
2.4 Asphalt Additives Segment by Application
2.4.1 Road construction & paving
2.4.2 Roofing
2.4.3 Others (Including airfields, parking lots, drinking water enclosures, waste disposal sites, and bridge decks)
2.5 Asphalt Additives Consumption by Application
2.5.1 Global Asphalt Additives Consumption Market Share by Application (2014-2019)
2.5.2 Global Asphalt Additives Value and Market Share by Application (2014-2019)
2.5.3 Global Asphalt Additives Sale Price by Application (2014-2019)
3 Global Asphalt Additives by Players
3.1 Global Asphalt Additives Sales Market Share by Players
3.1.1 Global Asphalt Additives Sales by Players (2017-2019)
3.1.2 Global Asphalt Additives Sales Market Share by Players (2017-2019)
3.2 Global Asphalt Additives Revenue Market Share by Players
3.2.1 Global Asphalt Additives Revenue by Players (2017-2019)
3.2.2 Global Asphalt Additives Revenue Market Share by Players (2017-2019)
3.3 Global Asphalt Additives Sale Price by Players
3.4 Global Asphalt Additives Manufacturing Base Distribution, Sales Area, Product Types by Players
3.4.1 Global Asphalt Additives Manufacturing Base Distribution and Sales Area by Players
3.4.2 Players Asphalt Additives Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
Continued……….
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Related report:
Global Asphalt Additives Market Report 2019 – Market Size, Share, Price, Trend and Forecast
Global Asphalt Additives Market Report 2019 – Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Asphalt Additives industry. The key insights of the report: https://www.marketstudyreport.com/reports/global-asphalt-additives-market-report-2019-market-size-share-price-trend-and-forecast
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