The global asphalt modifiers market report considers the following major modified asphalt application areas: paving, roofing, and others. The market has also been divided according to the modifier type into physical modifiers, chemical modifiers, fibers, adhesion improvers, extenders, fillers, antioxidants, anti-strip modifiers, and others. The market in the physical modifiers segment has been further sub-segmented into plastics, rubbers, and others. The physical modifiers segment accounted for the majority of consumption in the global asphalt modifiers market in 2015.
Market Dynamics of the Global Asphalt Modifiers Market:
The current high traffic volume and heavier loads on roads and highways
Economic slowdown resulting in deferred infrastructure maintenance
Growing emphasis on meeting super-save design specifications
High initial cost for using modified asphalt cement
Occupational health hazards regarding asphalt
The global asphalt modifiers market has also been geographically segmented on the basis of consumption into Asia-Pacific, North America, Europe, South America, and MEA. The regions have further been bifurcated into countries. Asia-pacific is the current leader in the world for asphalt modifiers, and is expected to grow at a CAGR of XX.XX% during the forecast period. China led the market in the aforementioned region in 2014, owing to the increased focus by the Chinese government on infrastructure development.
The increasing preference for hot mix asphalt (HMA) as a replacement for replacement of traditional concrete, the growing emphasis on incorporating nanotechnology in asphalt modification (nano-clay), and the development of bio-renewable modifiers, are expected to offer major growth opportunities for the players in the global asphalt modifiers market.
The major producers mentioned in the report include:
Kraton Performance Polymers
McAsphalt Industries Limited
The Dow Chemical Company
Key Deliverables in the Study
Analysis for the global asphalt modifiers market, with region specific assessments and competition analysis on global and regional scale.
Market definition along with the identification of key drivers and restraints.
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their market share.
Identification and analysis of the macro and micro factors that affect the global asphalt modifiers market on both global and regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Please note: As this product is updated at the time of order, dispatch will be 72 hours from the date the order and full payment is received.
1.2 Research Methodology
2. Executive Summary
3. Global Asphalt Market
4. Global Asphalt Modifiers Market
4.2 Industry Value Chain Analysis
4.3 Regulatory Policy
4.4 Industry Attractiveness - Porter’s Five Force Analysis
5. Market Dynamics
5.1.1 High Traffic Volume and Heavier Loads
5.1.2 Deferred Infrastructure Maintenance
5.1.3 Emphasis on Meeting Super-save Design Specifications
5.1.4 Increased Pavement Work-life and Reduced MRO Cost Advantages
5.2.1 High Initial Cost for Using Modified Asphalt Cement
5.2.2 Occupation Health Hazards Regarding Asphalt
5.3.1 Increasing Preference for HMA (Hot Mix Asphalt)
5.3.2 Growing Popularity of Reclaimed Asphalt Pavement (RAP)
5.3.3 Development of Bio-renewable modifiers
5.3.4 Advancement in Warm Mix Asphalt Technologies
5.3.5 Research for Incorporating Nanotechnology in Asphalt Modification (Nano-clay)
6. Market Segmentation and Analysis
6.1 By Modified Asphalt Application
6.2 By Product Type
6.2.1 Physical Modifiers
6.2.2 Chemical Modifiers
6.2.4 Adhesion Improvers
6.2.8 Anti-strip Modifiers
7. Regional Analysis
7.1.1 ASEAN Countries
7.1.6 South Korea
7.1.7 Rest of Asia-Pacific
7.2 North America
7.2.3 United States
7.2.4 Rest of North America
7.3.4 Nordic Countries
7.3.5 United Kingdom
7.3.6 Rest of Europe
7.4 South America
7.4.4 Rest of South America
7.5.1 Saudi Arabia
7.5.2 South Africa
7.5.4 Rest of MEA
8. Future of Asphalt Modifiers Market
9. Competitive Landscape
9.1 Mergers & Acquisitions
9.2 Joint Ventures, Collaborations and Agreements
9.3 Market Share Analysis
9.4 Strategies Adopted by Leading Players
9.5 Product Matrix
10. Company Profiles
10.1 Akzo Nobel N.V.
10.2 Arkema Inc.
10.4 BASF SE
10.5 Cargill Inc.
10.7 Engineered Additives LLC
10.8 Eurovia Services GmbH
10.9 Evonik Industries Corporation
10.10 ExxonMobil Chemical
10.11 Genan Holding A/S
10.12 Honeywell International Inc.
10.13 Kao Corporation
10.14 Kraton Performance Polymers Inc.
10.15 McAsphalt Industries Limited
10.16 PQ Corporation
10.17 Romonta GmbH
10.18 Sasol Ltd.
10.19 The Dow Chemical Company
- Akzo Nobel N.V.
- Arkema Inc.
- BASF SE
- Cargill Inc.
- E. I. Du Pont De Nemours & Company
- Engineered Additives LLC
- Eurovia Services GmbH
- Evonik Industries Corporation
- ExxonMobil Chemical
- Genan Holding A/S
- Honeywell International Inc.
- Kao Corporation
- Kraton Performance Polymers Inc.
- McAsphalt Industries Limited
- PQ Corporation
- Romonta GmbH
- Sasol Ltd.
- The Dow Chemical Company