Asphalt Additives Market To 2022 – Market Share, Growth, Trends: Grand View Research, Inc

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  • Grand View Research, Inc: Global Asphalt Additives,

    Market Size, Application Analysis, Regional Outlook,

    Competitive Strategies And Forecasts, 2015 To 2022

    Global asphalt additives market is expected to be globally driven by the growing

    construction industries over the forecast period. Asphalt additives are added in

    asphalt binder in order to enhance its properties such as cracking reduction,

    stripping, pavement thickness and raveling. Asphalts additives are generally used

    in airports, road surfaces and parking lots construction. Mixture formed from

    asphalts concrete along with asphalt additives are recyclable in nature. Asphalt

    performance characteristics such as tire wear, surface durability, braking efficiency

    and roadway noise vary with different asphalt additives types.

    For More Information on "Asphalt Additives Market Research Reports" visit



  • Ongoing construction activities in developing countries including China, Japan and

    Taiwan are expected to propel the global market demand over the forecast period.

    Asphalt additives are helpful in minimizing environment related damages

    including carbon emission levels owing to which government and several global

    environmental agencies including EPA are favoring asphalt additives use in end

    use industries mainly construction. Therefore, environment friendly nature is

    expected to further augment global market growth over the forecast period mainly

    in pavements and other structures construction. Countries such as Brazil, India and

    China are expected to contribute positively in the global market growth over the

    forecast period. High production cost is expected to hinder global market growth

    over the forecast period.

    Asphalt additives are segmented depending upon its applications. Different types

    include cold mix asphalt additives and hot mix asphalt additives. Both types are

    majorly used in global construction sector.

  • Asia Pacific was holding the largest market share and is expected to continue this

    trend over the forecast period on account of huge construction activities in the

    region. China was the biggest consumer in the region as well as across the globe.

    Growing product demand in countries such as Vietnam, India, Indonesia and

    Malaysia are expected to augment regional market growth. On account of

    sluggishness in construction activities in North America followed by Europe, a

    dawdling growth rate is expected in these markets over the forecast period. Middle

    East & Africa is expected to witness high growth on account of increasing

    construction projects in the region.

    Global asphalt additives market is highly consolidated in nature and is expected to

    attract small companies in the regional market over the forecast period. Key

    industry participants include Akzo Nobel, TR Chem Industries, Delta Companies,

    MeadWestvaco Corporation, Evonik, ArrMaz, DuPont Evalay and Kao


  • Request TOC of Asphalt Additives Market Research Reports" visit -


    About Grand View Research

    Grand View Research, Inc. is a U.S. based market research and consulting

    company, registered in the State of California and headquartered in San Francisco.

    The company provides syndicated research reports, customized research reports,

    and consulting services. To help clients make informed business decisions, the

    company offers market intelligence studies ensuring relevant and fact-based

    research across a range of industries including technology, chemicals, materials,

    healthcare and energy.


    Sherry James

    Corporate Sales Specialist, U.S.A.

    Grand View Research, Inc.

    United States

    Phone: 1-415-349-0058

    Toll Free: 1-888-202-9519


    Website: Grand View Research

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