Report Title: Global Asphalt Additives Market by Manufacturers, Regions, Type and Application, Forecast to 2023
Asphalt Additives Market 2019 report provides Emerging Market trends, Manufacturer Share, Market Segmentation, regional outlook and comprehensive analysis on different market segments. The Asphalt Additives Market provides detailed analysis of Asphalt Additives Market Overview, Segmentation by Types, Potential Applications and Production Analysis.
Overview Of Asphalt Additives Market:
- Asphalt additives are substances added to asphalt to modify characteristic properties of asphalt binder. Primary reason for adding additives to asphalt is to increase the functional temperature range of asphalt. Viscosity of asphalt decreases at high temperature and increases drastically at low temperature. This hinders the usage of asphalt in roads, pavements, airfields, and parking lots made of asphalt. Usage of additives helps overcome this shortcoming. Additives are also used to enhance the binding property of asphalt by strengthening the asphalt aggregate bond. Furthermore, additives improve the film thickness of asphalt, thus preventing cracking, raveling, and deformation. This, in turn, reduces maintenance cost of asphalt-constructed structures. There are different types of asphalt additives. However, varieties that are primarily used include asphalt rubber, polymers, and chemical modifiers. Fibers and fillers are also used as additives in asphalt.
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Global Asphalt Additives Market: Manufacturers Segment Analysis (Company and Product introduction, Asphalt Additives Sales Volume, Revenue, Price and Gross Margin):
This report focuses on the Asphalt Additives in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.The technical barriers of asphalt additives are relatively high, resulting in high level concentration degree. The manufacturing bases scatter around the world, mainly concentrating in Korea, China, Japan and USA. The key companies in asphalt additives market include. Evonik, Kraton, DuPont, Arkema, Sinopec, LCY CHEMICAL CORP. In 2015, the demand for asphalt additives in all regions is leveling off. The demand for these products will grow steadily.In the past few years, the price of asphalt additives decreased and we expect the price has pressure to increase in short time with new capacity released. However, the improvement of energy, transportation costs, employee wages, and equipment depreciation will play a significant role in promoting the cost of asphalt additives. Therefore, to some extent, the companies face the risk of profit decline.The worldwide market for Asphalt Additives is expected to grow at a CAGR of roughly 3.9% over the next five years, will reach 5060 million US$ in 2023, from 4010 million US$ in 2017.
Target Audience of Asphalt Additives Market:
- Manufacturer / Potential Investors
- Traders, Distributors, Wholesalers, Retailers, Importers and Exporters.
- Association and government bodies.
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Global Asphalt Additives Market: Type Segment Analysis (Consumption Volume, Average Price, Revenue, Market Share and Trend 2013-2025):
Global Asphalt Additives Market: Application Segment Analysis (Consumption Volume and Market Share 2013-2025; Downstream Customers and Market Analysis):
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Asphalt Additives in these regions, from 2014 to 2024, covering
- North America (United States, Canada and Mexico)
- Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil etc.)
- Middle East and Africa (Egypt and GCC Countries)
Asphalt Additives Market Historic Data (2014-2018):
- Industry Trends: Revenue, Status and Outlook.
- Competitive Landscape: By Manufacturers, Development Trends.
- Product Revenue for Top Players: Market Share, Growth Rate, Current Market Situation Analysis.
- Market Segment: By Types, By Applications, By Regions/ Geography.
- Sales Revenue: Market Share, Growth Rate, Current Market Analysis.
Asphalt Additives Market Influencing Factors:
- Market Environment: Government Policies, Technological Changes, Market Risks.
- Market Drivers: Growing Demand, Reduction in Cost, Market Opportunities and Challenges.
Asphalt Additives Market Forecast (2019-2024):
- Market Size Forecast: Global Overall Size, By Type/Product Category, By Applications/End Users, By Regions/Geography.
- Key Data (Revenue): Market Size, Market Share, Growth Rate, Growth, Product Sales Price.
The Asphalt Additives market report provides answers to the following key questions:
- What will be the Asphalt Additives market size and the growth rate in 2024?
- What are the main key factors driving the global Asphalt Additives market?
- What are the key market trends impacting the growth of the global Asphalt Additives market?
- Which Trending factors influencing the market shares of the top regions across the globe?
- Who are the key market players and what are their strategies in the global Asphalt Additives market?
- What are the market opportunities and threats faced by the vendors in the global Asphalt Additives market?
- What industrial trends, drivers and challenges are manipulating its growth?
- What are the key outcomes of the five forces analysis of the global Asphalt Additives market?
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