Asphalt Additive Market to Witness Huge Growth by 2026 | Nouryon, DowDuPont, Arkema

Latest business intelligence report released on Global Asphalt Additive Market, covers different industry elements and growth inclinations that helps in predicting market forecast. The report allows complete assessment of current and future scenario scaling top to bottom investigation about the market size, % share of key and emerging segment, major development, and technological advancements. Also, the statistical survey elaborates detailed commentary on changing market dynamics that includes market growth drivers, roadblocks and challenges, future opportunities, and influencing trends to better understand Asphalt Additive market outlook.

List of Key Players Profiled in the study includes market overview, business strategies, financials, Development activities, Market Share and SWOT analysis:
Nouryon (Netherlands), DowDuPont (United States), Arkema SA (France), Honeywell International Inc. (United States), Evonik Industries (Germany), Huntsman Corporation (United States), Kraton Corporation (United States), Ingevity Corporation(United States) and BASF SE (Germany)

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Brief Overview on Asphalt Additive:
Asphalt is a black or brown petroleum-like material that features a density varying from viscous fluid to glassy strong. It is collected either as a deposit from the refining of petroleum or common deposits. It consists of compounds of hydrogen and carbon with minor proportions of nitrogen, sulfur, and oxygen. The mechanical features of asphalt are insignificant but when it is utilized as a binder or cement. Its primary use is in street surfacing, which may be performed in several ways. The commonly used light oil dust layer treatments are built up by repetition to make a tough surface. Moreover, a granular aggregate may be combined with an asphalt coat, or soil materials from the road surface itself may be blended with the asphalt. Various distinct additives are added to asphalt depending on the production technology and the end-use application.

Key Market Trends:
Public-private partnerships and foreign investments in road pavement applications

Opportunities:
Use of asphalt additives in roofing applications

Market Growth Drivers:
Increasing investment in the infrastructure sector

Segmentation of the Global Asphalt Additive Market:
by Type (Polymeric Modifiers, Anti-strip and adhesion promoters, Emulsifiers, Chemical Modifiers, Rejuvenators, Fibers, Flux Oil, Colored Asphalt and Others), Application (Road Construction & Paving, Roofing, Airport Construction and Others)

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Geographically, the following regions together with the listed national/local markets are fully investigated:
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)

Furthermore, the years considered for the study are as follows:
Historical data – 2016-2020
The base year for estimation – 2020
Recent Estimated Year – 2021
Forecast period** – 2021 to 2026 [** unless otherwise stated]

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Summarized Extracts from TOC of Global Asphalt Additive Market Study

Chapter 1: Exclusive Summary of the Asphalt Additive market
Chapter 2: Objective of Study and Research Scope the Asphalt Additive market
Chapter 3: Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis
Chapter 4: Market Segmentation by Type, End User and Region/Country 2016-2026
Chapter 5: Decision Framework
Chapter 6: Market Dynamics- Drivers, Trends and Challenges
Chapter 7: Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 8: Appendix, Methodology and Data Source

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