Global Asphalt Additives Market 2017-2021

  • ID: 4231699
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • AkzoNobel
  • ArrMaz
  • Dow Chemical
  • Engineered Additives
  • Honeywell International
  • Kao
  • MORE
Asphalt additives are ingredients that are added to asphalt binders to improve the overall performance of asphalt in road constructions, waterproofing solutions, recreational activities, and other applications. The global asphalt additives market is on the rise backed by increasing environmental concerns and the need to maintain asphalt pavements for sustainable development.

The inclusion of asphalt additives not only increases the performance of asphalt but also proves to be a pragmatic and reasonable solution to global vendors of asphalt in the market. Asphalt additives refer to substances that are added to asphalt binders to enhance the performance of asphalt in various applications like roadways, waterproofing, recreation, and agriculture.

The analysts forecast the global asphalt additives market to grow at a CAGR of 6.80% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global asphalt additives market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Asphalt Additives Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- AkzoNobel
- Arkema
- Dow Chemical
- Honeywell International
- Huntsman International

Other prominent vendors
- ArrMaz
- Berkshire Engineering
- DuPont
- Engineered Additives
- Evonik
- Kao
- Kraton
- Sasol
- Tri-Chem Industries

Market drivers
- Furtherance of transport sector and infrastructural development.
- For a full, detailed list, view the full report

Market challenges
- Fluctuations in raw material prices.
- For a full, detailed list, view the full report

Market trends
- Increasing use of asphalt emulsions.
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • AkzoNobel
  • ArrMaz
  • Dow Chemical
  • Engineered Additives
  • Honeywell International
  • Kao
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Key market highlights
  • Overview
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by application
  • Global asphalt additives market by application
  • Global asphalt additives market for roadways
  • Global asphalt additives market for waterproofing
  • Global asphalt additives market for recreation
  • Global asphalt additives market for others
PART 07: Geographical segmentation
  • Global asphalt additives market by geography
  • Asphalt additives market in APAC
  • Asphalt additives market in EMEA
  • Asphalt additives market in Americas
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Impact of drivers on key regions
  • Market challenges
  • Impact of challenges on key regions
PART 10: Market trends
  • Cyclic borate ester as an additive
  • Increasing use of asphalt emulsions
  • Development of warm mix additives
PART 11: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
PART 12: Key vendor analysis
  • AkzoNobel
  • Arkema
  • Dow Chemical
  • Honeywell International
  • Huntsman International
PART 13: Appendix
  • List of abbreviations
List of Exhibits

Exhibit 01: Global asphalt additives market
Exhibit 02: Global asphalt additives market 2016 and 2021 ($ millions)
Exhibit 03: Forecast: Global asphalt additives market 2016-2021
Exhibit 04: Five forces analysis
Exhibit 05: Global asphalt additives market by application 2016 and 2021
Exhibit 06: Global asphalt additives market by application 2016 and 2021 ($ millions)
Exhibit 07: Global asphalt additives market for roadways 2016 and 2021 ($ millions)
Exhibit 08: Forecast: Global asphalt additives market for roadways 2016-2021
Exhibit 09: Global asphalt additives market for waterproofing 2016 and 2021 ($ millions)
Exhibit 10: Forecast: Global asphalt additives market for waterproofing 2016-2021
Exhibit 11: Global asphalt additives market for recreation 2016 and 2021 ($ millions)
Exhibit 12: Forecast: Global asphalt additives market for recreation 2016-2021
Exhibit 13: Global asphalt additives market for others 2016 and 2021 ($ millions)
Exhibit 14: Global asphalt additives market for others 2016-2021
Exhibit 15: Global asphalt additives market by geography 2016 and 2021
Exhibit 16: Global asphalt additives market by geography 2016 and 2021 ($ millions)
Exhibit 17: Asphalt additives market in APAC 2016 and 2021 ($ millions)
Exhibit 18: Forecast: Asphalt additives market in APAC 2016-2021
Exhibit 19: Asphalt additives market in EMEA 2016 and 2021 ($ millions)
Exhibit 20: Forecast: Asphalt additives market in EMEA 2016-2021
Exhibit 21: Asphalt additives market in Americas 2016 and 2021 ($ millions)
Exhibit 22: Forecast: Global asphalt additives market in Americas 2016 and 2021
Exhibit 23: Impact of drivers
Exhibit 24: Impact of challenges
Exhibit 25: AkzoNobel: Business segmentation by revenue 2016
Exhibit 26: AkzoNobel: Geographical segmentation by revenue 2016
Exhibit 27: Arkema: Business segmentation by revenue 2016
Exhibit 28: Dow Chemical: Business segmentation by revenue 2015
Exhibit 29: Dow Chemical: Geographical segmentation by revenue 2015
Exhibit 30: Honeywell International: Business segmentation by revenue 2016
Exhibit 31: Honeywell International: Geographical segmentation by revenue 2016
Exhibit 32: Huntsman International: Business segmentation by revenue 2016
Exhibit 33: Huntsman International: Geographic segmentation by revenue 2016
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FEATURED COMPANIES

  • AkzoNobel
  • ArrMaz
  • Dow Chemical
  • Engineered Additives
  • Honeywell International
  • Kao
  • MORE
New Report Released: - Global Asphalt Additives Market 2017-2021.

The author of the report recognizes the following companies as the key players in the global asphalt additives market: AkzoNobel, Arkema, Dow Chemical, Honeywell International, and Huntsman International.

Other Prominent Vendors in the market are: ArrMaz, Berkshire Engineering, DuPont, Engineered Additives, Evonik, Kao, Kraton, Sasol, and Tri-Chem Industries.

Commenting on the report, an analyst from the research team said: “One trend in market is increasing use of asphalt emulsions. An asphalt emulsion refers to emulsified asphalt cement in water. It consists of asphalt, water, and emulsifying surfactant agent (an asphalt additive). Asphalt emulsions are used to recycle older pavements. The growing demand across countries (especially in the US) drives the market for asphalt emulsions. These emulsions reduce the time required for paving jobs and are preferred for their low cost and solid performance.”

According to the report, one driver in market is furtherance of transport sector and infrastructural development. Countries across the globe still face the problem of unpaved roads that stretch for sizable distances when compared with paved counterparts. Unpaved roads account for approximately 4.3 million kilometers globally, of which the US accounts for approximately 2.1 million kilometers. Countries like China, Canada, India, Germany, and Switzerland have added their share into the bargain. This is one of the most important factors driving the global asphalt additives market as the need for paved roads would mean further consumption of asphalt (in turn asphalt additives) across the globe. The focus on urbanization and industrialization has also led to a demand for the asphalt additives. Rapid infrastructural growth in different countries across the globe demands an advancement of the transport sector as a tool for the economic development. Further, population explosion also has a role to play in the advancement of the transport sector.

Further, the report states that one challenges in market is unstable economic conditions. Unstable economic conditions could pose a serious challenge to the global asphalt additives market as an economic slowdown could bring down the demand for asphalt on a global level. During an economic slowdown, countries tend to decrease their public spend. This has a ripple effect and could alter the budgetary structure of a country, thereby hampering the sale and consumption of asphalt. The issue can be further worsened by the level of poverty and standard of living of people in countries where infrastructural development and planning on the pavement of highways and bridges are of the least concern. Further, with the poor availability of raw materials, the construction of highways using asphalt will be a time-consuming process. Therefore, unstable economic conditions can pose a challenge for both the asphalt and asphalt additives markets, hampering the demand for these products drastically during the forecast period.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • AkzoNobel
  • Arkema
  • Dow Chemical
  • Honeywell International
  • Huntsman International
  • ArrMaz
  • Berkshire Engineering
  • DuPont
  • Engineered Additives
  • Evonik
  • Kao
  • Kraton
  • Sasol
  • Tri-Chem Industries
Note: Product cover images may vary from those shown
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