Asphalt Additives Market : Global Industry Size, Share, Trends, and Forecasts 2014 to 2021
Research Report on Global Asphalt Additives Market 2014 to 2021 added by DecisionDatabases.com studies the current and upcoming Market Size, Share, Demand, Growth Trend and Forecast.
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.
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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.
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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.
Best Region Of Markets :
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.
Few Major Table Of Contents :
1. INTRODUCTION TO THE ASPHALT ADDITIVES MARKET
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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