Asphalt Additives Market
Asphalt Additives Market Study by Anti-strip, Bitumen Emulsifiers, and Asphalt Cement Additives for Road Construction, Runways, and Parking Lots from 2023 to 2033
Analysis of Asphalt Additives market covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Asphalt Additives Market Outlook (2023 to 2033)
The global asphalt additives market is set to estimate a valuation of US$ 6.1 billion in 2023 and it is anticipated to grow at a CAGR of 5.0% to reach US$ 9.9 billion by the end of 2033.
Asphalt additives are added to the asphalt binder to change the properties of the final blend of asphalt used to build the top layer of a road. The kind of additive utilized depends on several variables, including the climate, the subsurface structure, and the type of road. The specifications for the relevant road are taken into account when choosing additives.
| Report Attributes | Details |
|---|---|
| Market Size (2022A) | US$ 5.9 Billion |
| Estimated Market Value (2023E) | US$ 6.1 Billion |
| Forecasted Market Value (2033F) | US$ 9.9 Billion |
| Global Market Growth Rate (2023 to 2033) | 5.0% |
| Key Companies Profiled | BASF SE; Nouryon; Dow; Arkema SA; Honeywell International Inc.; Evonik Industries; Huntsman Corporation; Kao Corporation; Kraton Corporation; Ingevity Corporation |
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Market Buoyancy Analysis
Additives have seen significant growth in the asphalt pavement business due to demands for high temperature and aging resistance, advancements in thermal stripping, and decreased maintenance costs for pavements. Further, due to improved concrete performance with reduced pavement rutting and moisture-induced damage, the use of asphalt additives in road construction is rapidly expanding, which is driving demand for asphalt additives during the forecast period.
- Short Term (2023 to 2026): Burgeoning demand for road construction and growing construction industry is driving the market for asphalt additives.
- Medium Term (2026 to 2029): Various plans and initiatives by the government towards the smart city and their road networks especially in developing countries to boost the demand for asphalt additives.
- Long Term (2029 to 2033): Initiatives by the market players to enhance sales along with the development of bio-based asphalt additives will provide lucrative opportunities in the long run.
Over the 2018 to 2022 historical period, the global asphalt additives market registered a CAGR of 3.0%, according to the Fact.MR, a market research and competitive intelligence provider, the market is projected to exhibit growth at 5.0% CAGR between 2023 and 2033.
“Growth of the Construction Sector Driving Demand for Asphalt Additives”
The expansion of the construction industry will create lucrative opportunities for asphalt additives market players. The demand for asphalt is being driven by the current development in the construction and infrastructure sectors, notably in emerging economies like India, Brazil, and China.
Additionally, these countries' infrastructure planning commissions and officials' actions are helping to encourage the expansion of the construction industry. In the near future, value propositions for the market for asphalt additives are anticipated to be created by urban and rural infrastructure projects connected to the construction of roads, dams, trains, metros, and power infrastructure.
Globally, urbanization is accelerating, particularly in developing nations like China, India, Mexico, Argentina, and Brazil. This is helping to fuel the expansion of the construction sector. The demand for roads and transportation infrastructure is likely to expand along with rising construction activity in both the residential and commercial sectors, which is expected to fuel global demand for asphalt additives.
“Bio-based Asphalt Additives to Provide Lucrative Opportunities”
Asphalt additives can be produced using bio-based ingredients, such as lignin and vegetable oils like soy and canola oil, in addition to the standard method of producing them from crude oil fractions.
Lowering the temperature at which the asphalt is laid during road building can be made possible by bio-based additives. As a result, energy use and GHG emissions are reduced. Asphalt's flexibility and workability have been discovered to improve with the addition of a bio-based additive.
Government and public organizations are focusing on environmentally friendly and sustainable building, and they have pushed the end-use sector to switch to bio-based additives. The demand for bio-based and recycled asphalt additives will be significantly impacted by new prospects in the roofing industry as well as by the expanding construction and road infrastructure.
“Rising Crude Oil Prices Due to Exhaustion of Resource to Hamper Market”
Asphalt is a by-product of the distillation process of petroleum or can be found in natural deposits. Asphalt is mostly used for paving roads, but it is also used for port and maritime work, lining canals and reservoirs, and dam facings. Furthermore, it is utilized in a wide range of industrial products, such as batteries, roofs, floor tile, coatings, waterproofing, and soundproofing.
Around 94 million barrels of crude oil are consumed daily around the world which is expected to increase to 102.2 million barrels per day by 2024. There are approximately 1.41 trillion barrels of crude oil in the global reserves, which will last for around 47 years.
The production and use of asphalt will be restricted due to the exhausting crude oil supplies and the negative effects of fossil fuel extraction, which will directly impact the market for asphalt additives.
Country-wise Insights
Repairing and Maintenance of Existing Roads to Drive the Market in the US
In the United States, there are more than 2.2 million miles of paved roadways, with more than 94 percent of them having an asphalt surface.
The deterioration of important roads and national highways is a result of increased traffic congestion. As a result, government agencies are working to solve the issue by funding several transportation infrastructure initiatives that will create new revenue opportunities for asphalt additive manufacturers.
The United States asphalt additives market will expand at a CAGR of 6.0% over the projected period.
Will the Government Initiatives to Extend Road Network Drive Asphalt Additives Demand in China?
China is one of the largest consumers of asphalt. China is anticipated to have robust growth as a result of numerous construction-related advancements and industry consolidations. The construction of new roads and pavements and the maintenance of existing roads will boost the demand for asphalt additives in the country.
China has been ramping up investments in highway construction. China’s NDRS and Ministry of Transport have revealed a plan called National Highway Network Planning that aims to build a 4,61,000 Km of highway network by 2035 and expand it further by 2050.
Due to such favorable factors, China’s market for asphalt additives is expected to register a CAGR of 6.5% over the forecast.
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Category-wise Insights
Why is Hot/Warm Mix Asphalt Technology Gaining Traction?
The most popular paving material on the asphalt market is hot/warm mix asphalt. Asphalt producers can lower the temperatures at which asphalt mixes are created and applied by using warm mix asphalt additives. It also aids in reducing greenhouse gas emissions and fuel usage.
Due to growing concern and awareness about pollution prevention in these nations, warm mix asphalt additives are quickly gaining traction in both developed and developing countries.
Due to all of these factors, the use of asphalt additives as a desiccant is anticipated to grow at a CAGR of 5.4% over the forecast period.
Will the Market Be Driven by Expanding Road Construction Activities?
Asphalt additives are being more widely used globally as a result of the rising demand for environmentally friendly alternatives, notably in the construction of roads. It is anticipated that the road construction industry will continue to dominate the market during the forecast period.
Increasing new road construction projects fueled by federal and state governments especially in developing economies and strong demand for road maintenance and preservation from the developed economies.
Owing to the above-mentioned factors, the demand for asphalt additives for road construction is expected to expand at a CAGR of 5.0% in the upcoming period.
Competitive Landscape
Prominent asphalt additives manufacturers are BASF SE, Nouryon, Dow, Arkema SA, Honeywell International Inc., Evonik Industries, Huntsman Corporation, Kao Corporation, Kraton Corporation, and Ingevity Corporation.
Market leaders are targeting areas that have a high population due to the increased development activity in such locations. Market leaders also prioritize expanding their supplier base in non-legacy areas and establishing long-term contracts with them. Market players are also aiming to offer new and innovative products through investments in research and development to expand their customer base and comply with government regulations.
Efforts by market players to remain competitive: for instance, in 2021, Kao corporation commercialized an asphalt additive that was made of recycled plastics named NEWTLAC 5000. The additive has high durability and oil resistance features.
Fact.MR has provided detailed information about the price points of key manufacturers of asphalt additives positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.
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Competitive landscape highlights only certain players
Complete list available upon request
Segmentation of Asphalt Additives Industry Research
-
By Type :
- Anti-strip
- Bitumen Emulsifiers
- Asphalt Cement Additives
- Polymer Modifier
- Fillers and Fibers
- Rejuvenators
- Other
-
By Technology :
- Warm/Hot Mix
- Cold Mix
-
By Application :
- Road Construction
- Runways and Parking Lot
- Roofing Sector (Asphalt Shingles)
- Other
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA
Table of Content
- 1. Market - Executive Summary
- 2. Market Overview
- 3. Market Background and Foundation Data
- 4. Global Demand (Tons) Analysis and Forecast
- 5. Global Market - Pricing Analysis
- 6. Global Market Value (US$ million) Analysis and Forecast
- 7. Global Market Analysis and Forecast, By Type
- 7.1. Anti-strip
- 7.2. Bitumen Emulsifiers
- 7.3. Asphalt Cement Additives
- 7.4. Polymer Modifier
- 7.5. Fillers and Fibers
- 7.6. Rejuvenators
- 7.7. Other
- 8. Global Market Analysis and Forecast, By Technology
- 8.1. Warm/Hot Mix
- 8.2. Cold Mix
- 9. Global Market Analysis and Forecast, By Application
- 9.1. Road Construction
- 9.2. Runways and Parking Lot
- 9.3. Roofing Sector (Asphalt Shingles)
- 9.4. Other
- 10. Global Market Analysis and Forecast, By Region
- 10.1. North America
- 10.2. Latin America
- 10.3. Europe
- 10.4. East Asia
- 10.5. South Asia & Oceania
- 10.6. Middle East & Africa
- 11. North America Market Analysis and Forecast
- 12. Latin America Market Analysis and Forecast
- 13. Europe Market Analysis and Forecast
- 14. East Asia Market Analysis and Forecast
- 15. South Asia & Oceania Market Analysis and Forecast
- 16. Middle East & Africa Market Analysis and Forecast
- 17. Country-level Market Analysis and Forecast
- 18. Market Structure Analysis
- 19. Competition Analysis
- 19.1. BASF SE
- 19.2. Dow
- 19.3. Arkema SA
- 19.4. Nouryon
- 19.5. Honeywell International Inc.
- 19.6. Evonik Industries
- 19.7. Huntsman Corporation
- 19.8. Kao Corporation
- 19.9. Kraton Corporation
- 19.10. Ingevity Corporation
- 20. Assumptions & Acronyms Used
- 21. Research Methodology
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List Of Table
Table 1: Global Market Value (US$ million), by Region, 2018 to 2022
Table 2: Global Market Value (US$ million) and Forecast by Region, 2023 to 2033
Table 3: Global Market Volume (Tons), by Region, 2018 to 2022
Table 4: Global Market Volume (Tons) and Forecast by Region, 2023 to 2033
Table 5: Global Market Value (US$ million), By Type, 2018 to 2022
Table 6: Global Market Value (US$ million) and Forecast By Type, 2023 to 2033
Table 7: Global Market Volume (Tons), By Type, 2018 to 2022
Table 8: Global Market Volume (Tons) and Forecast By Type, 2023 to 2033
Table 9: Global Market Value (US$ million), By Technology, 2018 to 2022
Table 10: Global Market Value (US$ million) and Forecast By Technology, 2023 to 2033
Table 11: Global Market Volume (Tons), By Technology, 2018 to 2022
Table 12: Global Market Volume (Tons) and Forecast By Technology, 2023 to 2033
Table 13: Global Market Value (US$ million), By Application, 2018 to 2022
Table 14: Global Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 15: Global Market Volume (Tons), By Application, 2018 to 2022
Table 16: Global Market Volume (Tons) and Forecast By Application, 2023 to 2033
Table 17: North America Market Value (US$ million), by Country, 2018 to 2022
Table 18: North America Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 19: North America Market Volume (Tons), by Country, 2018 to 2022
Table 20: North America Market Volume (Tons) and Forecast by Country, 2023 to 2033
Table 21: North America Market Value (US$ million), By Type, 2018 to 2022
Table 22: North America Market Value (US$ million) and Forecast By Type, 2023 to 2033
Table 23: North America Market Volume (Tons), By Type, 2018 to 2022
Table 24: North America Market Volume (Tons) and Forecast By Type, 2023 to 2033
Table 25: North America Market Value (US$ million), By Technology, 2018 to 2022
Table 26: North America Market Value (US$ million) and Forecast By Technology, 2023 to 2033
Table 27: North America Market Volume (Tons), By Technology, 2018 to 2022
Table 28: North America Market Volume (Tons) and Forecast By Technology, 2023 to 2033
Table 29: North America Market Value (US$ million), By Application, 2018 to 2022
Table 30: North America Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 31: North America Market Volume (Tons), By Application, 2018 to 2022
Table 32: North America Market Volume (Tons) and Forecast By Application, 2023 to 2033
Table 33: Latin America Market Value (US$ million), by Country, 2018 to 2022
Table 34: Latin America Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 35: Latin America Market Volume (Tons), by Country, 2018 to 2022
Table 36: Latin America Market Volume (Tons) and Forecast by Country, 2023 to 2033
Table 37: Latin America Market Value (US$ million), By Type, 2018 to 2022
Table 38: Latin America Market Value (US$ million) and Forecast By Type, 2023 to 2033
Table 39: Latin America Market Volume (Tons), By Type, 2018 to 2022
Table 40: Latin America Market Volume (Tons) and Forecast By Type, 2023 to 2033
Table 41: Latin America Market Value (US$ million), By Technology, 2018 to 2022
Table 42: Latin America Market Value (US$ million) and Forecast By Technology, 2023 to 2033
Table 43: Latin America Market Volume (Tons), By Technology, 2018 to 2022
Table 44: Latin America Market Volume (Tons) and Forecast By Technology, 2023 to 2033
Table 45: Latin America Market Value (US$ million), By Application, 2018 to 2022
Table 46: Latin America Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 47: Latin America Market Volume (Tons), By Application, 2018 to 2022
Table 48: Latin America Market Volume (Tons) and Forecast By Application, 2023 to 2033
Table 49: Europe Market Value (US$ million), by Country, 2018 to 2022
Table 50: Europe Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 51: Europe Market Volume (Tons), by Country, 2018 to 2022
Table 52: Europe Market Volume (Tons) and Forecast by Country, 2023 to 2033
Table 53: Europe Market Value (US$ million), By Type, 2018 to 2022
Table 54: Europe Market Value (US$ million) and Forecast By Type, 2023 to 2033
Table 55: Europe Market Volume (Tons), By Type, 2018 to 2022
Table 56: Europe Market Volume (Tons) and Forecast By Type, 2023 to 2033
Table 57: Europe Market Value (US$ million), By Technology, 2018 to 2022
Table 58: Europe Market Value (US$ million) and Forecast By Technology, 2023 to 2033
Table 59: Europe Market Volume (Tons), By Technology, 2018 to 2022
Table 60: Europe Market Volume (Tons) and Forecast By Technology, 2023 to 2033
Table 61: Europe Market Value (US$ million), By Application, 2018 to 2022
Table 62: Europe Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 63: Europe Market Volume (Tons), By Application, 2018 to 2022
Table 64: Europe Market Volume (Tons) and Forecast By Application, 2023 to 2033
Table 65: East Asia Market Value (US$ million), by Country, 2018 to 2022
Table 66: East Asia Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 67: East Asia Market Volume (Tons), by Country, 2018 to 2022
Table 68: East Asia Market Volume (Tons) and Forecast by Country, 2023 to 2033
Table 69: East Asia Market Value (US$ million), By Type, 2018 to 2022
Table 70: East Asia Market Value (US$ million) and Forecast By Type, 2023 to 2033
Table 71: East Asia Market Volume (Tons), By Type, 2018 to 2022
Table 72: East Asia Market Volume (Tons) and Forecast By Type, 2023 to 2033
Table 73: East Asia Market Value (US$ million), By Technology, 2018 to 2022
Table 74: East Asia Market Value (US$ million) and Forecast By Technology, 2023 to 2033
Table 75: East Asia Market Volume (Tons), By Technology, 2018 to 2022
Table 76: East Asia Market Volume (Tons) and Forecast By Technology, 2023 to 2033
Table 77: East Asia Market Value (US$ million), By Application, 2018 to 2022
Table 78: East Asia Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 79: East Asia Market Volume (Tons), By Application, 2018 to 2022
Table 80: East Asia Market Volume (Tons) and Forecast By Application, 2023 to 2033
Table 81: South Asia & Oceania Market Value (US$ million), by Country, 2018 to 2022
Table 82: South Asia & Oceania Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 83: South Asia & Oceania Market Volume (Tons), by Country, 2018 to 2022
Table 84: South Asia & Oceania Market Volume (Tons) and Forecast by Country, 2023 to 2033
Table 85: South Asia & Oceania Market Value (US$ million), By Type, 2018 to 2022
Table 86: South Asia & Oceania Market Value (US$ million) and Forecast By Type, 2023 to 2033
Table 87: South Asia & Oceania Market Volume (Tons), By Type, 2018 to 2022
Table 88: South Asia & Oceania Market Volume (Tons) and Forecast By Type, 2023 to 2033
Table 89: South Asia & Oceania Market Value (US$ million), By Technology, 2018 to 2022
Table 90: South Asia & Oceania Market Value (US$ million) and Forecast By Technology, 2023 to 2033
Table 91: South Asia & Oceania Market Volume (Tons), By Technology, 2018 to 2022
Table 92: South Asia & Oceania Market Volume (Tons) and Forecast By Technology, 2023 to 2033
Table 93: South Asia & Oceania Market Value (US$ million), By Application, 2018 to 2022
Table 94: South Asia & Oceania Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 95: South Asia & Oceania Market Volume (Tons), By Application, 2018 to 2022
Table 96: South Asia & Oceania Market Volume (Tons) and Forecast By Application, 2023 to 2033
Table 97: MEA Market Value (US$ million), by Country, 2018 to 2022
Table 98: MEA Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 99: MEA Market Volume (Tons), by Country, 2018 to 2022
Table 100: MEA Market Volume (Tons) and Forecast by Country, 2023 to 2033
Table 101: MEA Market Value (US$ million), By Type, 2018 to 2022
Table 102: MEA Market Value (US$ million) and Forecast By Type, 2023 to 2033
Table 103: MEA Market Volume (Tons), By Type, 2018 to 2022
Table 104: MEA Market Volume (Tons) and Forecast By Type, 2023 to 2033
Table 105: MEA Market Value (US$ million), By Technology, 2018 to 2022
Table 106: MEA Market Value (US$ million) and Forecast By Technology, 2023 to 2033
Table 107: MEA Market Volume (Tons), By Technology, 2018 to 2022
Table 108: MEA Market Volume (Tons) and Forecast By Technology, 2023 to 2033
Table 109: MEA Market Value (US$ million), By Application, 2018 to 2022
Table 110: MEA Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 111: MEA Market Volume (Tons), By Application, 2018 to 2022
Table 112: MEA Market Volume (Tons) and Forecast By Application, 2023 to 2033
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List Of Figures
Figure 1: Global Market Value (US$ million) and Volume (Tons) Forecast, 2023 to 2033
Figure 2: Global Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 3: Global Market Value (US$ million) and Volume (Tons) by Region, 2023 & 2033
Figure 4: Global Market Y-o-Y Growth Rate by Region, 2023 to 2033
Figure 5: Global Market Value (US$ million) and Volume (Tons) By Type, 2023 & 2033
Figure 6: Global Market Y-o-Y Growth Rate By Type, 2023 to 2033
Figure 7: Global Market Value (US$ million) and Volume (Tons) By Technology, 2023 & 2033
Figure 8: Global Market Y-o-Y Growth Rate By Technology, 2023 to 2033
Figure 9: Global Market Value (US$ million) and Volume (Tons) By Application, 2023 & 2033
Figure 10: Global Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 11: North America Market Value (US$ million) and Volume (Tons) Forecast, 2023 to 2033
Figure 12: North America Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 13: North America Market Value (US$ million) and Volume (Tons) by Country, 2023 & 2033
Figure 14: North America Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 15: North America Market Value (US$ million) and Volume (Tons) By Type, 2023 & 2033
Figure 16: North America Market Y-o-Y Growth Rate By Type, 2023 to 2033
Figure 17: North America Market Value (US$ million) and Volume (Tons) By Technology, 2023 & 2033
Figure 18: North America Market Y-o-Y Growth Rate By Technology, 2023 to 2033
Figure 19: North America Market Value (US$ million) and Volume (Tons) By Application, 2023 & 2033
Figure 20: North America Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 21: North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 22: North America Market Attractiveness Analysis By Type, 2023 to 2033
Figure 23: North America Market Attractiveness Analysis By Technology, 2023 to 2033
Figure 24: North America Market Attractiveness Analysis By Application, 2023 to 2033
Figure 25: Latin America Market Value (US$ million) and Volume (Tons) Forecast, 2023 to 2033
Figure 26: Latin America Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 27: Latin America Market Value (US$ million) and Volume (Tons) by Country, 2023 & 2033
Figure 28: Latin America Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 29: Latin America Market Value (US$ million) and Volume (Tons) By Type, 2023 & 2033
Figure 30: Latin America Market Y-o-Y Growth Rate By Type, 2023 to 2033
Figure 31: Latin America Market Value (US$ million) and Volume (Tons) By Technology, 2023 & 2033
Figure 32: Latin America Market Y-o-Y Growth Rate By Technology, 2023 to 2033
Figure 33: Latin America Market Value (US$ million) and Volume (Tons) By Application, 2023 & 2033
Figure 34: Latin America Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 35: Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 36: Latin America Market Attractiveness Analysis By Type, 2023 to 2033
Figure 37: Latin America Market Attractiveness Analysis By Technology, 2023 to 2033
Figure 38: Latin America Market Attractiveness Analysis By Application, 2023 to 2033
Figure 39: Europe Market Value (US$ million) and Volume (Tons) Forecast, 2023 to 2033
Figure 40: Europe Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 41: Europe Market Value (US$ million) and Volume (Tons) by Country, 2023 & 2033
Figure 42: Europe Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 43: Europe Market Value (US$ million) and Volume (Tons) By Type, 2023 & 2033
Figure 44: Europe Market Y-o-Y Growth Rate By Type, 2023 to 2033
Figure 45: Europe Market Value (US$ million) and Volume (Tons) By Technology, 2023 & 2033
Figure 46: Europe Market Y-o-Y Growth Rate By Technology, 2023 to 2033
Figure 47: Europe Market Value (US$ million) and Volume (Tons) By Application, 2023 & 2033
Figure 48: Europe Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 49: Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 50: Europe Market Attractiveness Analysis By Type, 2023 to 2033
Figure 51: Europe Market Attractiveness Analysis By Technology, 2023 to 2033
Figure 52: Europe Market Attractiveness Analysis By Application, 2023 to 2033
Figure 53: East Asia Market Value (US$ million) and Volume (Tons) Forecast, 2023 to 2033
Figure 54: East Asia Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 55: East Asia Market Value (US$ million) and Volume (Tons) by Country, 2023 & 2033
Figure 56: East Asia Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 57: East Asia Market Value (US$ million) and Volume (Tons) By Type, 2023 & 2033
Figure 58: East Asia Market Y-o-Y Growth Rate By Type, 2023 to 2033
Figure 59: East Asia Market Value (US$ million) and Volume (Tons) By Technology, 2023 & 2033
Figure 60: East Asia Market Y-o-Y Growth Rate By Technology, 2023 to 2033
Figure 61: East Asia Market Value (US$ million) and Volume (Tons) By Application, 2023 & 2033
Figure 62: East Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 63: East Asia Market Attractiveness Analysis By Type, 2023 to 2033
Figure 64: East Asia Market Attractiveness Analysis By Technology, 2023 to 2033
Figure 65: East Asia Market Attractiveness Analysis By Application, 2023 to 2033
Figure 66: South Asia & Oceania Market Value (US$ million) and Volume (Tons) Forecast, 2023 to 2033
Figure 67: South Asia & Oceania Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 68: South Asia & Oceania Market Value (US$ million) and Volume (Tons) by Country, 2023 & 2033
Figure 69: South Asia & Oceania Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 70: South Asia & Oceania Market Value (US$ million) and Volume (Tons) By Type, 2023 & 2033
Figure 71: South Asia & Oceania Market Y-o-Y Growth Rate By Type, 2023 to 2033
Figure 72: South Asia & Oceania Market Value (US$ million) and Volume (Tons) By Technology, 2023 & 2033
Figure 73: South Asia & Oceania Market Y-o-Y Growth Rate By Technology, 2023 to 2033
Figure 74: South Asia & Oceania Market Value (US$ million) and Volume (Tons) By Application, 2023 & 2033
Figure 75: South Asia & Oceania Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 76: South Asia & Oceania Market Attractiveness Analysis by Country, 2023 to 2033
Figure 77: South Asia & Oceania Market Attractiveness Analysis By Type, 2023 to 2033
Figure 78: South Asia & Oceania Market Attractiveness Analysis By Technology, 2023 to 2033
Figure 79: South Asia & Oceania Market Attractiveness Analysis By Application, 2023 to 2033
Figure 80: MEA Market Value (US$ million) and Volume (Tons) Forecast, 2023 to 2033
Figure 81: MEA Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 82: MEA Market Value (US$ million) and Volume (Tons) by Country, 2023 & 2033
Figure 83: MEA Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 84: MEA Market Value (US$ million) and Volume (Tons) By Type, 2023 & 2033
Figure 85: MEA Market Y-o-Y Growth Rate By Type, 2023 to 2033
Figure 86: MEA Market Value (US$ million) and Volume (Tons) By Technology, 2023 & 2033
Figure 87: MEA Market Y-o-Y Growth Rate By Technology, 2023 to 2033
Figure 88: MEA Market Value (US$ million) and Volume (Tons) By Application, 2023 & 2033
Figure 89: MEA Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 90: MEA Market Attractiveness Analysis by Country, 2023 to 2033
Figure 91: MEA Market Attractiveness Analysis By Type, 2023 to 2033
Figure 92: MEA Market Attractiveness Analysis By Technology, 2023 to 2033
Figure 93: MEA Market Attractiveness Analysis By Application, 2023 to 2033
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the Global Asphalt Additives Market Size?
The global asphalt additives market is valued at US$ 6.1 billion in 2023.
How is the Market for Asphalt Additives Expected to Fare Going Forward?
Worldwide demand for asphalt additives is anticipated to reach US$ 9.9 billion by 2033-end.
How did the Market Perform Over the Last Few Years?
During 2018-2022, sales of asphalt additives increased at 3.0% CAGR.
Which Regional Asphalt Additives Market Accounts for a Leading Market Share?
North America is the crown of the global asphalt additives market accounting for a major share.
Which Application Holds the Highest Market Share?
The road construction segment accounts for 78.5% share of global sales.
Asphalt Additives Market