The Asphalt Additives Global Market Report 2023, provides comprehensive information on the asphalt additives market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Asphalt Additives Global Market Report 2023, the market size grew from $3.62 billion in 2022 to $3.91 billion in 2023 at a compound annual growth rate (CAGR) of 8.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The asphalt additives market size is expected to grow to $5.57 billion in 2027 at a CAGR of 9.2%.
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The asphalt additives market is segmented:
1) By Type: Polymeric Modifiers, Anti-strip And Adhesion Promoters, Emulsifiers, Chemical Modifiers, Rejuvenators, Fibers, Flux Oil, Colored Asphalt
2) By Technology: Hot Mix, Cold Mix, Warm Mix
3) By Application: Road Construction, Road Paving, Airport Runway, Parking Lots, Roofing
Asia-Pacific was the largest region in the asphalt additives market in 2022.
The table of contents in TBRC’s asphalt additives market report includes:
- Executive Summary
- Asphalt Additives Market Characteristics
- Asphalt Additives Market Trends And Strategies
- Asphalt Additives Market – Macro Economic Scenario
- Asphalt Additives Market Size And Growth
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- Africa Asphalt Additives Market
- Key Mergers And Acquisitions In The Asphalt Additives Market
- Asphalt Additives Market Future Outlook and Potential Analysis
- Appendix
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