Asphalt Additive Market

Asphalt Additive Market by Type (Polymeric Modifiers, Anti-Strip & Adhesion Promoters, Emulsifiers, Chemical Modifiers, Rejuvenators, Fibers, Flux Oil, Colored Asphalt), Application, Technology and Region – Global Forecast to 2026

Report Code: CH 4764 Apr, 2021, by marketsandmarkets.com

[277 Pages Report] The asphalt additive market is projected to grow from USD 3.4 billion in 2021 to USD 4.7 billion by 2026, at a CAGR of 6.8% from 2021 to 2026. Increase in road construction projects along with the growing usage of asphalt additives in roofing application are some of the major key factors driving the growth of the asphalt additive market across the globe.

Asphalt Additive Market

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COVID-19 Impact on the Global asphalt additives Market

The pandemic is estimated to have impact on various factors of the value chain of asphalt additives market, which is expected to reflect during the forecast period, especially in the year 2020 to 2021. The various impact of COVID-19 are as follows:

IMPACT ON ASPHALT ADDITIVES: The COVID-19 pandemic resulted in supply chain disruption and delayed construction projects across the world. Strict lockdowns and curfew in most of the countries was imposed to break off the spread of coronavirus. This resulted into economic downfall where construction was one of the severely impacted sectors due to shortage of raw materials, labor force, and government regulation to put to a hold ongoing project. Although in the third quarter of 2020, many local governments took initiatives to resume the construction work related to roads, highways, and buildings. Federal Ministry of Transport and Digital Infrastructure (BMVI) in Germany resumed building construction and road construction since April 2020. Countries such as Romania and India have resumed the construction of highways and roads since the second half of 2020. Thus, the construction sector is expected to witness a high growth in 2021 when compared to the previous year.

Asphalt Additives Market Dynamics

Driver: Increasing investment in the infrastructure sector of the Asia Pacific region

Increased infrastructure spending in China, India, Malaysia, and Indonesia is one of the major factors contributing to the growth of the Asia Pacific asphalt additives market. The increase in government expenditure on infrastructure in the Asia Pacific region can be attributed to the increasing construction of roads and other public infrastructure development projects for improved transportation and enhanced connectivity between important economic centers in these countries.

The Indian government increased its expenditure for the construction of roads and bridges. According to India Brand Equity Foundation, the infrastructure sector has become one of the major focus areas for the Indian government. In the Union Budget 2020-21, the Indian government announced USD 13.14 billion for road and highways construction. Public-private partnerships and foreign investments in road pavement applications are major trends being observed in the economies of the Asia Pacific region, which are expected to drive the road construction market for the next 10 years.

Since asphalt additives are used in road pavements, an increase in infrastructure development and road construction projects in the Asia Pacific region are expected to contribute to the growth of the asphalt additives market during the forecast period

Restraint: Volatility in the prices and supply of asphalt

There is significant volatility in the prices of asphalt as it is a petrochemical, and fluctuations in the price of petroleum are reflected in the price of asphalt. Fluctuating petrochemical prices result in the inconsistent supply of asphalt, affecting construction projects undertaken by governments and road contractors, as it is a primary raw material used in the construction of road pavements. Therefore, there is an increasing preference toward the use of substitutes, such as concrete, gypsum, and bioasphalt for the construction of road pavements.

The asphalt additives market is directly related to the asphalt market. Therefore, volatility in the prices and supply of asphalt affect the asphalt additives market across the globe.

Opportunity: Use of asphalt additives in roofing applications

Asphalt is primarily used in roofing applications for waterproofing. It is also used as a saturate in asphalt saturated felts, roll roofing, and shingles. Asphalt shingles are one of the least expensive roofing applications and are witnessing increased demand from the North American and European regions. The sub-prime crisis of 2007-2008 in the US caused a recession in the construction industry. However, the construction industry in the North American region has recovered and is growing at a moderate pace. As the market for building materials is increasing in the North American and European regions, the use of asphalt in these materials is expected to grow. Consequently, the demand for asphalt additives is also expected to increase as these improve the service life and durability of asphalt in roofing applications.

Challenge: Lack of awareness about asphalt additives among road builders and contractors

In several emerging economies, there is a lack of awareness among road builders and contractors about the use and benefits of asphalt additives. The service life of asphalt pavements can be significantly improved by using asphalt additives as they help reduce rutting, cracking, and stripping. This leads to the reduced maintenance of asphalt road pavements. Benefits offered due to the use of asphalt additives for the construction of road pavements outweigh their price. However, these factors are not considered by contractors and road builders in emerging economies as they are concerned about reducing the cost of materials and construction. There is a need to spread awareness about the advantages provided by the use of these specialty chemicals, especially in economies such as India and Brazil.

Based on type, the polymeric modifier segment of asphalt additive market is expected to be the largest market during the forecast period.

Based on type, the polymeric modifier segment accounted for the largest share, in terms of value, in 2021. The growth of this segment can be attributed to the excellent properties such as stiffness, strength, and improve the flexibility and durability of asphalt pavements. These are easy to use, and the raw materials used to make them are readily available, which makes them the most preferred type of asphalt additives globally.

Based on application, road construction & paving segment of asphalt additive market is expected to be the largest market during the forecast period.

Based on application, the road construction & paving segment of the market is projected to grow at the highest CAGR during the forecast period. Roads get damaged due to several factors such as wear & tear, moisture, hot/cold climate, and frost. This damage can be prevented with asphalt additives, as they help increase the durability of pavements by preventing cracking and rutting which leads to an increase in the demand for asphalt additives.

Hot mix technology held the largest share of the global asphalt additives market

Based on technology, the hot mix technology is expected to lead the asphalt additives market in coming years. Hot mix asphalt is durable, resistant to moisture damage and thermal cracking. It also provides excellent workability and skid resistance. This segment is growing due to developments in the construction of new highways and expressways.

The Asia Pacific region was the largest market for asphalt additives in 2020

The Asia Pacific region was the largest market for asphalt additives in 2018, owing to the increasing demand for asphalt additives products in developing economies, such as India and China. China is the leading consumer of asphalt additives products in the Asia Pacific region. The huge growth and innovation, along with industry consolidations, is expected to drive the growth of the Asia Pacific asphalt additives market.

Asphalt Additive Market  by Region

Key Market Players

Nouryon (Netherlands), DowDuPont (US), Arkema SA (France), Honeywell International Inc. (US), Evonik Industries (Germany), Huntsman Corporation (US), Kraton Corporation (US), Ingevity Corporation(US), and BASF SE (Germany) are some of the leading players operating in the asphalt additive market. These players have adopted the strategies of expansions, new product developments, acquisitions, and collaborations to enhance their position in the market.

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Scope of the Report

Report Metric

Details

Market Size Available for Years

2019–2026

Base Year Considered

2020

Forecast Period

2021–2025

Forecast Units

Volume (Kilotons) and Value (USD Million)

Segments Covered

Type, Application, Technology, Regions

Geographies Covered

North America, Asia Pacific, Europe, the Middle East & Africa, and South America

Companies Covered

Nouryon (Netherlands), DowDuPont (US), Arkema SA (France), Honeywell International Inc. (US), Evonik Industries (Germany), Huntsman Corporation (US), Kraton Corporation (US), Ingevity Corporation(US), and BASF SE (Germany) among others (Other small companies and start-ups ). Total 25 major players covered.

This research report categorizes the asphalt additive market based on type, application, technology, and region and forecasts revenues as well as analyzes trends in each of these submarkets.

Based on type, the asphalt additive market has been segmented into:

  • Polymeric Modifiers
  • Anti-strip and adhesion promoters
  • Emulsifiers
  • Chemical Modifiers
  • Rejuvenators
  • Fibers
  • Flux Oil
  • Colored Asphalt
  • Others
    • Organic Materials
    • Rubber Modifiers

Based on Application, the asphalt additive market has been segmented into:

  • Road Construction & Paving
  • Roofing
  • Airport Construction
  • Others
    • Parking Lots
    • Bridges

Based on Technology, the asphalt additive market has been segmented into:

  • Hot Mix
  • Cold Mix
  • Warm Mix

Based on Region, the asphalt additive market has been segmented into:

  • Asia Pacific
  • North America
  • Europe
  • Middle East & Africa
  • South America

Recent Developments

  • In June 2020, BASE SE launched a bitumen additive B2Last that binds components in the bitumen to form a strong yet elastic polymer grid. This helps extend the road lifespan and durability.
  • In April 2019, Nouryon launched Wetfix G400, which is a versatile non-amine adhesion promoter derived from renewable resources. Wetfix G400 is a solution that is compatible with polyphosphoric acid (PPA) modified binders and works with all types of aggregates.

Frequently Asked Questions (FAQ):

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TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 37)
    1.1 OBJECTIVES OF THE STUDY
    1.2 COMPETITIVE INTELLIGENCE
    1.3 MARKET DEFINITION
    1.4 MARKET SCOPE
           FIGURE 1 ASPHALT ADDITIVES MARKET: MARKET SEGMENTATION
           1.4.1 YEARS CONSIDERED FOR THE STUDY
           1.4.2 REGIONAL SCOPE
           1.4.3 CURRENCY
           1.4.4 PACKAGE SIZE
    1.5 STAKEHOLDERS
    1.6 RESEARCH LIMITATIONS
    1.7 INCLUSIONS & EXCLUSIONS
    1.8 SUMMARY OF CHANGES MADE IN THE REVAMPED VERSION

2 RESEARCH METHODOLOGY (Page No. - 42)
    2.1 RESEARCH DATA
           FIGURE 2 ASPHALT ADDITIVES MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key data from primary sources
                    2.1.2.2 Breakdown of primaries
    2.2 MATRIX CONSIDERED FOR DEMAND SIDE
           FIGURE 3 MAIN MATRIX CONSIDERED WHILE CONSTRUCTING AND ASSESSING DEMAND FOR ASPHALT ADDITIVES
    2.3 MARKET SIZE ESTIMATION
           2.3.1 BOTTOM-UP APPROACH
                    FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
           2.3.2 TOP-DOWN APPROACH
                     FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
                    2.3.2.1 Key assumptions while calculating demand-side market size
                    2.3.2.2 Limitations
           FIGURE 6 METHODOLOGY FOR ASSESSING SUPPLY OF ASPHALT ADDITIVES
                    2.3.2.3 Calculations for supply-side analysis
           FIGURE 7 ASPHALT ADDITIVES MARKET: SUPPLY SIDE ANALYSIS
    2.4 MARKET BREAKDOWN AND DATA TRIANGULATION
           FIGURE 8 DATA TRIANGULATION
           2.4.1 FORECAST
    2.5 MARKET CAGR PROJECTION FROM END-USE AND ADJACENT MARKET
    2.6 MARKET GROWTH PROJECTIONS FROM APPLICATION
    2.7 MARKET CAGR PROJECTIONS FROM MODIFIED BITUMEN MARKET ACROSS REGIONS
           2.7.1 RISK ANALYSIS

3 EXECUTIVE SUMMARY (Page No. - 54)
    TABLE 1 ASPHALT ADDITIVES MARKET SNAPSHOT
    FIGURE 9 POLYMERIC MODIFIERS SEGMENT PROJECTED TO LEAD ASPHALT ADDITIVES MARKET DURING FORECAST PERIOD
    FIGURE 10 ROAD CONSTRUCTION & PAVING APPLICATION SEGMENT PROJECTED TO LEAD ASPHALT ADDITIVES MARKET DURING FORECAST PERIOD
    FIGURE 11 HOT MIX TECHNOLOGY SEGMENT PROJECTED TO LEAD ASPHALT ADDITIVES MARKET DURING FORECAST PERIOD
    FIGURE 12 ASPHALT ADDITIVES MARKET IN THE MIDDLE EAST & AFRICA PROJECTED TO GROW AT THE HIGHEST CAGR DURING FORECAST PERIOD

4 PREMIUM INSIGHTS (Page No. - 59)
    4.1 ATTRACTIVE MARKET OPPORTUNITIES IN ASPHALT ADDITIVES MARKET
           FIGURE 13 EMERGING ECONOMIES OFFER GROWTH OPPORTUNITIES TO ASPHALT ADDITIVES MARKET
    4.2 ASPHALT ADDITIVES MARKET, BY REGION
           FIGURE 14 MARKET IN THE MIDDLE EAST & AFRICA EXPECTED TO GROW AT THE HIGHEST CAGR DURING FORECAST PERIOD
    4.3 ASIA PACIFIC ASPHALT ADDITIVES MARKET
           FIGURE 15 POLYMERIC MODIFIERS TYPE SEGMENT ACCOUNTED FOR THE LARGEST SHARE OF THE MARKET IN 2020
    4.4 ASPHALT ADDITIVES MARKET, BY APPLICATION
           FIGURE 16 ROOFING SEGMENT TO GROW AT THE HIGHEST CAGR DURING FORECAST PERIOD
    4.5 ASPHALT ADDITIVES MARKET, BY TYPE
           FIGURE 17 POLYMERIC MODIFIERS SEGMENT PROJECTED TO LEAD THE ASPHALT ADDITIVES MARKET FROM 2021 TO 2026

5 MARKET OVERVIEW (Page No. - 62)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
           FIGURE 18 ASPHALT ADDITIVES MARKET DYNAMICS: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
           5.2.1 DRIVERS
                    5.2.1.1 Increasing investments in the infrastructure sector of the Asia Pacific region
                    5.2.1.2 Recyclability of asphalt
                               FIGURE 19 IMPACT OF DRIVERS ON ASPHALT ADDITIVES MARKET
           5.2.2 RESTRAINTS
                    5.2.2.1 Use of concrete and bioasphalt as substitutes for asphalt
                    5.2.2.2 Volatility in the prices and supply of asphalt
                               FIGURE 20 ASPHALT PRICE TREND FROM 2017 TO 2020
                               FIGURE 21 FIGURE 18 IMPACT OF RESTRAINTS ON ASPHALT ADDITIVES MARKET
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Increasing use of warm mix asphalt
                    5.2.3.2 Use of asphalt additives in roofing applications
                               FIGURE 22 HOUSING UNITS IN US FROM 2017 TO 2019
           5.2.4 ADVANCEMENTS IN THE AEROSPACE SECTOR
                     FIGURE 23 IMPACT OF OPPORTUNITIES ON ASPHALT ADDITIVES MARKET
           5.2.5 CHALLENGES
                    5.2.5.1 Lack of awareness about asphalt additives among road builders and contractors
           5.2.6 IMPACT OF COVID-19 ON ASPHALT ADDITIVES
                     FIGURE 24 IMPACT OF CHALLENGES ON ASPHALT ADDITIVES MARKET
    5.3 VALUE CHAIN ANALYSIS
           FIGURE 25 ASPHALT ADDITIVES VALUE CHAIN
           5.3.1 RESEARCH & DEVELOPMENT
           5.3.2 RAW MATERIALS
           5.3.3 MANUFACTURERS
           5.3.4 DISTRIBUTION/MARKETING & SALES
    5.4 AVERAGE PRICING OF ASPHALT
    5.5 REVENUE SHIFT AND NEW REVENUE POCKETS FOR ASPHALT ADDITIVE MANUFACTURERS
           FIGURE 26 REVENUE SHIFT FOR ASPHALT ADDITIVES MARKET
    5.6 ECOSYSTEM
           FIGURE 27 STAKEHOLDERS IN ASPHALT ADDITIVES MARKET
    5.7 PORTER’S FIVE FORCES ANALYSIS
           FIGURE 28 PORTER’S FIVE FORCES ANALYSIS
           TABLE 2 IMPACT OF PORTER’S FIVE FORCES ON ASPHALT ADDITIVES MARKET, 2020
           TABLE 3 IMPACT OF PORTER’S FIVE FORCES ON ASPHALT ADDITIVES MARKET, 2021–2026
           5.7.1 THREAT OF SUBSTITUTES
           5.7.2 BARGAINING POWER OF SUPPLIERS
           5.7.3 BARGAINING POWER OF BUYERS
           5.7.4 THREAT OF NEW ENTRANTS
           5.7.5 INTENSITY OF COMPETITIVE RIVALRY
    5.8 TRADE DATA STATISTICS
           TABLE 4 COUNTRY-WISE EXPORT OF BITUMEN, 2018-2019 (USD THOUSAND)
           TABLE 5 COUNTRY-WISE IMPORT OF BITUMEN, 2018-2019 (USD THOUSAND)
    5.9 CASE STUDY ANALYSIS
           5.9.1 KRAYTON’S AND DOW’S ASPHALT ADDITIVES SUCCESS
                    5.9.1.1 Problem Statement
                    5.9.1.2 Possible solution by Kraton’s SYLVAROAD RP1000 asphalt additive
                    5.9.1.3 Possible solution by Dow’s ELVALOY RET asphalt additive

6 PATENT ANALYSIS (Page No. - 78)
    FIGURE 29 NUMBER OF GRANTED VS. TOTAL PATENT APPLICATION ON ASPHALT ADDITIVES
    FIGURE 30 PUBLICATION TRENDS - LAST 10 YEARS
    6.1 INSIGHTS
           FIGURE 31 TOP JURISDICTION- BY DOCUMENT
           FIGURE 32 TOP 10 COMPANIES/APPLICANTS WITH HIGHEST NUMBER OF PATENTS
           TABLE 6 LIST OF PATENTS BY IOWA STATE UNIVERSITY RESEARCH FOUNDATION
           TABLE 7 LIST OF PATENTS BY KOREA INSTITUTE CONSTRUCTION TECHNOLOGY
           TABLE 8 LIST OF PATENTS BY ELEVANCE RENEWABLE SCIENCES
           TABLE 9 LIST OF PATENTS BY LEHIGH TECHNOLOGIES.
           TABLE 10 LIST OF PATENTS BY COLLABORATIVE AGGREGATES LLC.
           TABLE 11 TABLE 6: LIST OF PATENTS BY ASPHALT PLUS LLC
           TABLE 12 TOP 10 PATENT OWNERS (US) IN LAST 10 YEARS

7 REGULATORY LANDSCAPE (Page No. - 84)
    7.1 NATIONAL ASPHALT PAVEMENT ASSOCIATION (NAPA)
    7.2 NAPA AND ARTBA PARTNER ON SAFETY TRAINING
    7.3 SPILL PREVENTION, CONTROL, AND COUNTERMEASURE (SPCC)
    7.4 ENVIRONMENTAL PROTECTION AGENCY (EPA)

8 COVID-19 IMPACT ON ASPHALT ADDITIVES ECOSYSTEM (Page No. - 85)
    8.1 INTRODUCTION
           FIGURE 33 REVISED GDP FORECASTS FOR G20 COUNTRIES IN 2020
    8.2 EFFECT OF COVID-19 ON APPLICATIONS OF ASPHALT ADDITIVES
           8.2.1 ROAD CONSTRUCTION & PAVING
           8.2.2 AIRPORT CONSTRUCTION
    8.3 EFFECT OF COVID-19 ON MAJOR COUNTRIES
           8.3.1 CHINA
           8.3.2 INDIA
           8.3.3 GERMANY
           8.3.4 UK
           8.3.5 SAUDI ARABIA
           8.3.6 US
           8.3.7 CANADA
           8.3.8 BRAZIL

9 ASPHALT ADDITIVES MARKET, BY TYPE (Page No. - 89)
    9.1 INTRODUCTION
           FIGURE 34 POLYMERIC MODIFIERS SEGMENT EXPECTED TO LEAD THE ASPHALT ADDITIVES MARKET DURING THE FORECAST PERIOD
           TABLE 13 ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (USD MILLION)
           TABLE 14 ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (KILOTONS)
    9.2 POLYMERIC MODIFIERS
           9.2.1 EASY AVAILABILITY OF POLYMERIC MODIFIERS IS EXPECTED TO FUEL THEIR DEMAND
           TABLE 15 POLYMERIC MODIFIERS MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
           TABLE 16 POLYMERIC MODIFIERS MARKET SIZE, BY REGION, 2019–2026 (KILOTONS)
    9.3 ANTI-STRIP & ADHESION PROMOTERS
           9.3.1 INCREASING LOADS ON ROAD PAVEMENTS DUE TO INCREASING COMMERCIAL ACTIVITIES IS EXPECTED TO DRIVE THIS SEGMENT
           TABLE 17 ANTI-STRIP & ADHESION PROMOTERS MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
           TABLE 18 ANTI-STRIP & ADHESION PROMOTERS MARKET SIZE, BY REGION, 2019–2026 (KILOTONS)
    9.4 EMULSIFIERS
           9.4.1 GROWTH IN ROAD RECONSTRUCTION ACTIVITIES IS EXPECTED TO BOOST THE DEMAND
           TABLE 19 EMULSIFIERS MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
           TABLE 20 EMULSIFIERS MARKET SIZE, BY REGION, 2019–2026 (KILOTONS)
    9.5 REJUVENATORS
           9.5.1 REJUVENATORS ARE USED TO ENHANCE THE LIFE OF ASPHALT PAVEMENTS
           TABLE 21 REJUVENATORS MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
           TABLE 22 REJUVENATORS MARKET SIZE, BY REGION, 2019–2026 (KILOTONS)
    9.6 CHEMICAL MODIFIERS
           9.6.1 GROWING DEMAND FOR ASPHALT IN ROAD CONSTRUCTION IS EXPECTED TO PROPEL THE DEMAND
           TABLE 23 CHEMICAL MODIFIERS MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
           TABLE 24 CHEMICAL MODIFIERS MARKET SIZE, BY REGION, 2019–2026 (KILOTONS)
    9.7 FIBERS
           9.7.1 FIBERS ENHANCE THE TENSILE STRENGTH OF ASPHALT
           TABLE 25 FIBERS MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
           TABLE 26 FIBERS MARKET SIZE, BY REGION, 2019–2026 (KILOTONS)
    9.8 FLUX OIL
           9.8.1 THE NEED TO PREVENT THE ROADS FROM DETERIORATION IS EXPECTED TO FUEL THE MARKET
           TABLE 27 FLUX OIL MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
           TABLE 28 FLUX OIL MARKET SIZE, BY REGION, 2019–2026 (KILOTONS)
    9.9 COLORED ASPHALT
           9.9.1 REDUCTION IN THE DETERIORATION OF ROADS IS EXPECTED TO FUEL THE DEMAND FOR THE SEGMENT
           TABLE 29 COLORED ASPHALT MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
           TABLE 30 COLORED ASPHALT MARKET SIZE, BY REGION, 2019–2026 (KILOTONS)
    9.10 OTHERS
           TABLE 31 OTHER ASPHALT ADDITIVES MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
           TABLE 32 OTHER ASPHALT ADDITIVES MARKET SIZE, BY REGION, 2019–2026 (KILOTONS)

10 ASPHALT ADDITIVES MARKET, BY TECHNOLOGY (Page No. - 101)
     10.1 INTRODUCTION
             FIGURE 35 HOT MIX TECHNOLOGY SEGMENT PROJECTED TO LEAD ASPHALT ADDITIVES MARKET DURING FORECAST PERIOD
             TABLE 33 ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019-2026 (USD MILLION)
             TABLE 34 ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019-2026 (KILOTONS)
     10.2 HOT MIX
             10.2.1 GROWING CONSTRUCTION OF NEW HIGHWAYS AND FREEWAYS IN EMERGING COUNTRIES IS EXPECTED TO DRIVE THIS SEGMENT
                       TABLE 35 HOT MIX ASPHALT ADDITIVES MARKET SIZE, BY REGION, 2019-2026 (USD MILLION)
                       TABLE 36 HOT MIX ASPHALT ADDITIVES MARKET SIZE, BY REGION, 2019-2026 (KILOTONS)
     10.3 COLD MIX
             10.3.1 LOW PRODUCTION COST AND ECO-FRIENDLY NATURE OF COLD MIX ASPHALT IS EXPECTED TO BOOST ITS DEMAND
                       TABLE 37 COLD MIX ASPHALT ADDITIVES MARKET SIZE, BY REGION, 2019-2026 (USD MILLION)
                       TABLE 38 COLD MIX ASPHALT ADDITIVES MARKET SIZE, BY REGION, 2019-2026 (KILOTONS)
     10.4 WARM MIX
             10.4.1 INCREASING DEMAND FOR GREEN ROADS AROUND THE WORLD IS EXPECTED TO FUEL THIS SEGMENT
                       TABLE 39 WARM MIX ASPHALT ADDITIVES MARKET SIZE, BY REGION, 2019-2026 (USD MILLION)
                       TABLE 40 WARM MIX ASPHALT ADDITIVES MARKET SIZE, BY REGION, 2019-2026 (KILOTONS)

11 ASPHALT ADDITIVES MARKET, BY APPLICATION (Page No. - 106)
     11.1 INTRODUCTION
           FIGURE 36 ROAD CONSTRUCTION & PAVING SEGMENT PROJECTED TO LEAD ASPHALT ADDITIVES MARKET DURING FORECAST PERIOD
           TABLE 41 ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019-2026 (USD MILLION)
           TABLE 42 ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019-2026 (KILOTONS)
     11.2 ROAD CONSTRUCTION & PAVING
             11.2.1 HEAVY GOVERNMENTAL INVESTMENTS FOR INFRASTRUCTURE DEVELOPMENT IN EMERGING COUNTRIES IS EXPECTED TO DRIVE THIS SEGMENT
                       TABLE 43 ASPHALT ADDITIVES MARKET IN ROAD CONSTRUCTION & PAVING, BY REGION, 2019-2026 (USD MILLION)
                       TABLE 44 ASPHALT ADDITIVES MARKET IN ROAD CONSTRUCTION & PAVING, BY REGION, 2019-2026 (KILOTONS)
     11.3 ROOFING
             11.3.1 GROWING CONSTRUCTION SECTOR IN NORTH AMERICA IS EXPECTED TO DRIVE THIS SEGMENT
                       TABLE 45 ASPHALT ADDITIVES MARKET IN ROOFING, BY REGION, 2019-2026 (USD MILLION)
                       TABLE 46 ASPHALT ADDITIVES MARKET IN ROOFING, BY REGION, 2019-2026 (KILOTONS)
     11.4 AIRPORT CONSTRUCTION
             11.4.1 GROWTH OF THE AEROSPACE SECTOR HAS LED TO AN INCREASE IN AIRPORT CONSTRUCTION ACTIVITIES
                       TABLE 47 ASPHALT ADDITIVES MARKET IN AIRPORT CONSTRUCTION, BY REGION, 2019-2026 (USD MILLION)
                       TABLE 48 ASPHALT ADDITIVES MARKET IN AIRPORT CONSTRUCTION, BY REGION, 2019-2026 (KILOTONS)
                       TABLE 49 GLOBAL AIRPORT IMPROVEMENT INVESTMENTS: CURRENT AND FORECASTS (USD MILLION)
                       TABLE 50 NORTH AMERICA: AIRPORT CONSTRUCTION ACTIVITIES
     11.5 OTHERS
           TABLE 51 ASPHALT ADDITIVES MARKET IN OTHER APPLICATIONS, BY REGION, 2019-2026 (USD MILLION)
           TABLE 52 ASPHALT ADDITIVES MARKET IN OTHER APPLICATIONS, BY REGION, 2019-2026 (KILOTONS)

12 GLOBAL ASPHALT ADDITIVES MARKET, BY REGION (Page No. - 114)
     12.1 INTRODUCTION
             FIGURE 37 ASPHALT ADDITIVES MARKET, BY REGION
             TABLE 53 ASPHALT ADDITIVES MARKET SIZE, BY REGION, 2016–2018 (USD MILLION)
             TABLE 54 ASPHALT ADDITIVES MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
             TABLE 55 ASPHALT ADDITIVES MARKET SIZE, BY REGION, 2016–2018 (KILOTONS)
             TABLE 56 ASPHALT ADDITIVES MARKET SIZE, BY REGION, 2019–2026 (KILOTONS)
             TABLE 57 ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2016–2018 (USD MILLION)
             TABLE 58 ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2016–2018 (KILOTONS)
             TABLE 59 ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2016–2018 (USD MILLION)
             TABLE 60 ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2016–2018 (KILOTONS)
             TABLE 61 ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2016–2018 (USD MILLION)
             TABLE 62 ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2016–2018 (KILOTONS)
     12.2 ASIA PACIFIC
             FIGURE 38 ASIA PACIFIC ASPHALT ADDITIVES MARKET SNAPSHOT
             TABLE 63 ASIA PACIFIC ASPHALT ADDITIVES MARKET SIZE, BY COUNTRY, 2016–2018 (USD MILLION)
             TABLE 64 ASIA PACIFIC: ASPHALT ADDITIVES MARKET SIZE, BY COUNTRY, 2019–2026 (USD MILLION)
             TABLE 65 ASIA PACIFIC ASPHALT ADDITIVES MARKET SIZE, BY COUNTRY, 2016–2018 (KILOTONS)
             TABLE 66 ASIA PACIFIC: ASPHALT ADDITIVES MARKET SIZE, BY COUNTRY, 2019–2026 (KILOTONS)
             TABLE 67 ASIA PACIFIC: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2016–2018 (USD MILLION)
             TABLE 68 ASIA PACIFIC: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (USD MILLION)
             TABLE 69 ASIA PACIFIC: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2016–2018 (KILOTONS)
             TABLE 70 ASIA PACIFIC: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (KILOTONS)
             TABLE 71 ASIA PACIFIC: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2016–2018 (USD MILLION)
             TABLE 72 ASIA PACIFIC: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
             TABLE 73 ASIA PACIFIC: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2016–2018 (KILOTONS)
             TABLE 74 ASIA PACIFIC: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTONS)
             TABLE 75 ASIA PACIFIC: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2016–2018 (USD MILLION)
             TABLE 76 ASIA PACIFIC: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD MILLION)
             TABLE 77 ASIA PACIFIC: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2016–2018 (KILOTONS)
             TABLE 78 ASIA PACIFIC: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (KILOTONS)
             12.2.1 CHINA
                        12.2.1.1 Heavy investments in infrastructural developments are expected to propel the demand in the country
                                    TABLE 79 CHINA: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (USD MILLION)
                                    TABLE 80 CHINA: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (KILOTONS)
                                    TABLE 81 CHINA: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
                                    TABLE 82 CHINA: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTONS)
                                    TABLE 83 CHINA: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD MILLION)
                                    TABLE 84 CHINA: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (KILOTONS)
             12.2.2 INDIA
                        12.2.2.1 Rise in the use of automobiles will fuel the demand for asphalt additives
                                    TABLE 85 INDIA: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (USD MILLION)
                                    TABLE 86 INDIA: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (KILOTONS)
                                    TABLE 87 INDIA: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
                                    TABLE 88 INDIA: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTONS)
                                    TABLE 89 INDIA: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD MILLION)
                                    TABLE 90 INDIA: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (KILOTONS)
             12.2.3 JAPAN
                        12.2.3.1 Government initiatives are expected to boost the demand for asphalt additives in Japan
                                    TABLE 91 JAPAN: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (USD MILLION)
                                    TABLE 92 JAPAN: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (KILOTONS)
                                    TABLE 93 JAPAN: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
                                    TABLE 94 JAPAN: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTONS)
                                    TABLE 95 JAPAN: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD MILLION)
                                    TABLE 96 JAPAN: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (KILOTONS)
             12.2.4 SOUTH KOREA
                        12.2.4.1 Growing urbanization is expected to enhance the demand
                                    TABLE 97 SOUTH KOREA: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (USD MILLION)
                                    TABLE 98 SOUTH KOREA: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (KILOTONS)
                                    TABLE 99 SOUTH KOREA: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION,2019–2026 (USD MILLION)
                                    TABLE 100 SOUTH KOREA: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTONS)
                                    TABLE 101 SOUTH KOREA: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD MILLION)
                                    TABLE 102 SOUTH KOREA: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (KILOTONS)
             12.2.5 INDONESIA
                        12.2.5.1 Investment projects by the government in infrastructure building will propel the demand for asphalt additives
                                    TABLE 103 INDONESIA: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (USD MILLION)
                                    TABLE 104 INDONESIA: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (KILOTONS)
                                    TABLE 105 INDONESIA: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
                                    TABLE 106 INDONESIA: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTONS)
                                    TABLE 107 INDONESIA: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD MILLION)
                                    TABLE 108 INDONESIA: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (KILOTONS)
             12.2.6 MALAYSIA
                        12.2.6.1 Expansion of the construction industry will result in the growth of the market
                                    TABLE 109 MALAYSIA: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (USD MILLION)
                                    TABLE 110 MALAYSIA: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (KILOTONS)
                                    TABLE 111 MALAYSIA: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
                                    TABLE 112 MALAYSIA: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTONS)
                                    TABLE 113 MALAYSIA: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD MILLION)
                                    TABLE 114 MALAYSIA: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (KILOTONS)
             12.2.7 AUSTRALIA
                        12.2.7.1 Growth in the construction of buildings is expected to boost the demand for asphalt additives
                                    TABLE 115 AUSTRALIA: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (USD MILLION)
                                    TABLE 116 AUSTRALIA: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (KILOTONS)
                                    TABLE 117 AUSTRALIA: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
                                    TABLE 118 AUSTRALIA: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTONS)
                                    TABLE 119 AUSTRALIA: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD MILLION)
                                    TABLE 120 AUSTRALIA: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (KILOTONS)
             12.2.8 REST OF ASIA PACIFIC
                        TABLE 121 REST OF ASIA PACIFIC: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (USD MILLION)
                        TABLE 122 REST OF ASIA PACIFIC: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (KILOTONS)
                        TABLE 123 REST OF ASIA PACIFIC: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
                        TABLE 124 REST OF ASIA PACIFIC: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTONS)
                        TABLE 125 REST OF ASIA PACIFIC: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD MILLION)
                        TABLE 126 REST OF ASIA PACIFIC: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (KILOTONS)
     12.3 NORTH AMERICA
             FIGURE 39 NORTH AMERICA ASPHALT ADDITIVES MARKET SNAPSHOT
             TABLE 127 NORTH AMERICA ASPHALT ADDITIVES MARKET SIZE, BY COUNTRY, 2016–2018 (USD MILLION)
             TABLE 128 NORTH AMERICA: ASPHALT ADDITIVES MARKET SIZE, BY COUNTRY, 2019–2026 (USD MILLION)
             TABLE 129 NORTH AMERICA: ASPHALT ADDITIVES MARKET SIZE, BY COUNTRY, 2016–2018 (KILOTONS)
             TABLE 130 NORTH AMERICA: ASPHALT ADDITIVES MARKET SIZE, BY COUNTRY, 2019–2026 (KILOTONS)
             TABLE 131 NORTH AMERICA: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2016–2018 (USD MILLION)
             TABLE 132 NORTH AMERICA: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (USD MILLION)
             TABLE 133 NORTH AMERICA: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2016–2018 (KILOTONS)
             TABLE 134 NORTH AMERICA: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (KILOTONS)
             TABLE 135 NORTH AMERICA: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2016–2018 (USD MILLION)
             TABLE 136 NORTH AMERICA: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
             TABLE 137 NORTH AMERICA: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2016–2018 (KILOTONS)
             TABLE 138 NORTH AMERICA: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTONS)
             TABLE 139 NORTH AMERICA: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2016–2018 (USD MILLION)
             TABLE 140 NORTH AMERICA: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD MILLION)
             TABLE 141 NORTH AMERICA: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2016–2018 (KILOTONS)
             TABLE 142 NORTH AMERICA: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (KILOTONS)
             12.3.1 US
                        12.3.1.1 Growth of the construction industry is expected to boost the market
                                     TABLE 143 US: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (USD MILLION)
                                     TABLE 144 US: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (KILOTONS)
                                    TABLE 145 US: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
                                    TABLE 146 US: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTONS)
                                    TABLE 147 US: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD MILLION)
                                    TABLE 148 US: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (KILOTONS)
             12.3.2 CANADA
                        12.3.2.1 Increased investments in building construction will drive the market
                                    TABLE 149 CANADA: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (USD MILLION)
                                    TABLE 150 CANADA: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (KILOTONS)
                                    TABLE 151 CANADA: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
                                    TABLE 152 CANADA: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTONS)
                                    TABLE 153 CANADA: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD MILLION)
                                    TABLE 154 CANADA: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (KILOTONS)
             12.3.3 MEXICO
                        12.3.3.1 Growing population along with growth in the automotive sector is expected to enhance the demand
                                    TABLE 155 MEXICO: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (USD MILLION)
                                    TABLE 156 MEXICO: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (KILOTONS)
                                    TABLE 157 MEXICO: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
                                    TABLE 158 MEXICO: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTONS)
                                    TABLE 159 MEXICO: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD MILLION)
                                    TABLE 160 MEXICO: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (KILOTONS)
     12.4 EUROPE
             FIGURE 40 EUROPE ASPHALT ADDITIVES MARKET SNAPSHOT
             TABLE 161 EUROPE ASPHALT ADDITIVES MARKET SIZE, BY COUNTRY, 2016–2018 (USD MILLION)
             TABLE 162 EUROPE: ASPHALT ADDITIVES MARKET SIZE, BY COUNTRY, 2019–2026 (USD MILLION)
             TABLE 163 EUROPE: ASPHALT ADDITIVES MARKET SIZE, BY COUNTRY, 2016–2018 (KILOTONS)
             TABLE 164 EUROPE: ASPHALT ADDITIVES MARKET SIZE, BY COUNTRY, 2019–2026 (KILOTONS)
             TABLE 165 EUROPE: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2016–2018 (USD MILLION)
             TABLE 166 EUROPE: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (USD MILLION)
             TABLE 167 EUROPE: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2016–2018 (KILOTONS)
             TABLE 168 EUROPE: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (KILOTONS)
             TABLE 169 EUROPE: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2016–2018 (USD MILLION)
             TABLE 170 EUROPE: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
             TABLE 171 EUROPE: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2016–2018 (KILOTONS)
             TABLE 172 EUROPE: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTONS)
             TABLE 173 EUROPE: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2016–2018 (USD MILLION)
             TABLE 174 EUROPE: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD MILLION)
             TABLE 175 EUROPE: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2016–2018 (KILOTONS)
             TABLE 176 EUROPE: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (KILOTONS)
             12.4.1 GERMANY
                        12.4.1.1 Heavy investments in the construction sector are expected to propel the market in the country
                                    TABLE 177 GERMANY: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (USD MILLION)
                                    TABLE 178 GERMANY: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (KILOTONS)
                                    TABLE 179 GERMANY: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
                                    TABLE 180 GERMANY: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTONS)
                                    TABLE 181 GERMANY: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD MILLION)
                                    TABLE 182 GERMANY: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY,2019–2026 (KILOTONS)
             12.4.2 FRANCE
                        12.4.2.1 Rise in the use of automobiles will increase the demand for asphalt additives
                                    TABLE 183 FRANCE: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (USD MILLION)
                                    TABLE 184 FRANCE: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (KILOTONS)
                                    TABLE 185 FRANCE: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
                                    TABLE 186 FRANCE: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTONS)
                                    TABLE 187 FRANCE: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD MILLION)
                                    TABLE 188 FRANCE: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (KILOTONS)
             12.4.3 UK
                        12.4.3.1 Government initiatives are expected to boost the demand for asphalt additives in the UK
                                    TABLE 189 UK: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (USD MILLION)
                                    TABLE 190 UK: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (KILOTONS)
                                    TABLE 191 UK: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
                                    TABLE 192 UK: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTONS)
                                    TABLE 193 UK: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD MILLION)
                                    TABLE 194 UK: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (KILOTONS)
             12.4.4 ITALY
                        12.4.4.1 Growing urbanization is expected to fuel the demand for asphalt additives
                                    TABLE 195 ITALY: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (USD MILLION)
                                    TABLE 196 ITALY ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (KILOTONS)
                                    TABLE 197 ITALY: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
                                    TABLE 198 ITALY: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTONS)
                                    TABLE 199 ITALY: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD MILLION)
                                    TABLE 200 ITALY: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (KILOTONS)
             12.4.5 RUSSIA
                        12.4.5.1 Infrastructural investments by the government will propel the demand for asphalt additives
                                    TABLE 201 RUSSIA: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (USD MILLION)
                                    TABLE 202 RUSSIA: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (KILOTONS)
                                    TABLE 203 RUSSIA: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
                                    TABLE 204 RUSSIA: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTONS)
                                    TABLE 205 RUSSIA: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD MILLION)
                                    TABLE 206 RUSSIA: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (KILOTONS)
             12.4.6 SPAIN
                        12.4.6.1 Expansion of the construction industry will drive the market
                                    TABLE 207 SPAIN: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (USD MILLION)
                                    TABLE 208 SPAIN: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (KILOTONS)
                                    TABLE 209 SPAIN: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
                                    TABLE 210 SPAIN: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTONS)
                                    TABLE 211 SPAIN: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD MILLION)
                                    TABLE 212 SPAIN: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (KILOTONS)
             12.4.7 REST OF EUROPE
                       TABLE 213 REST OF EUROPE: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (USD MILLION)
                       TABLE 214 REST OF EUROPE: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (KILOTONS)
                       TABLE 215 REST OF EUROPE: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
                       TABLE 216 REST OF EUROPE: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTONS)
                       TABLE 217 REST OF EUROPE: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD MILLION)
                       TABLE 218 REST OF EUROPE: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (KILOTONS)
     12.5 MIDDLE EAST & AFRICA
             TABLE 219 MIDDLE EAST & ASRICA ASPHALT ADDITIVES MARKET SIZE, BY COUNTRY, 2016–2018 (USD MILLION)
             TABLE 220 MIDDLE EAST & AFRICA: ASPHALT ADDITIVES MARKET SIZE, BY COUNTRY, 2019–2026 (USD MILLION)
             TABLE 221 MIDDLE EAST & AFRICA: ASPHALT ADDITIVES MARKET SIZE, BY COUNTRY, 2016–2018 (KILOTONS)
             TABLE 222 MIDDLE EAST & AFRICA: ASPHALT ADDITIVES MARKET SIZE, BY COUNTRY, 2019–2026 (KILOTONS)
             TABLE 223 MIDDLE EAST & AFRICA: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2016–2018 (USD MILLION)
             TABLE 224 MIDDLE EAST & AFRICA: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (USD MILLION)
             TABLE 225 MIDDLE EAST & AFRICA: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2016–2018 (KILOTONS)
             TABLE 226 MIDDLE EAST & AFRICA: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (KILOTONS)
             TABLE 227 MIDDLE EAST & AFRICA: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2016–2018 (USD MILLION)
             TABLE 228 MIDDLE EAST & AFRICA: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
             TABLE 229 MIDDLE EAST & AFRICA: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2016–2018 (KILOTONS)
             TABLE 230 MIDDLE EAST & AFRICA: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTONS)
             TABLE 231 MIDDLE EAST & AFRICA: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2016–2018 (USD MILLION)
             TABLE 232 MIDDLE EAST & AFRICA: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD MILLION)
             TABLE 233 MIDDLE EAST & AFRICA: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2016–2018 (KILOTONS)
             TABLE 234 MIDDLE EAST & AFRICA: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (KILOTONS)
             12.5.1 SAUDI ARABIA
                        12.5.1.1 Growth in infrastructural developments is expected boost the market
                                    TABLE 235 SAUDI ARABIA: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (USD MILLION)
                                    TABLE 236 SAUDI ARABIA: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (KILOTONS)
                                    TABLE 237 SAUDI ARABIA: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
                                    TABLE 238 SAUDI ARABIA: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTONS)
                                    TABLE 239 SAUDI ARABIA: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD MILLION)
                                    TABLE 240 SAUDI ARABIA: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (KILOTONS)
             12.5.2 UAE
                        12.5.2.1 Growth in the number of housing units will enhance the demand in the country
                                    TABLE 241 UAE: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (USD MILLION)
                                    TABLE 242 UAE: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (KILOTONS)
                                    TABLE 243 UAE: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
                                    TABLE 244 UAE: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTONS)
                                    TABLE 245 UAE: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD MILLION)
                                    TABLE 246 UAE: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (KILOTONS)
             12.5.3 EGYPT
                        12.5.3.1 Growth in the number of vehicles will drive road construction activities and thereby the demand
                                    TABLE 247 EGYPT: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (USD MILLION)
                                    TABLE 248 EGYPT: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (KILOTONS)
                                    TABLE 249 EGYPT: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
                                    TABLE 250 EGYPT: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTONS)
                                    TABLE 251 EGYPT: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD MILLION)
                                    TABLE 252 EGYPT: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (KILOTONS)
             12.5.4 REST OF MIDDLE EAST & AFRICA
                       TABLE 253 REST OF MIDDLE EAST & AFRICA: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (USD MILLION)
                       TABLE 254 REST OF MIDDLE EAST & AFRICA: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (KILOTONS)
                       TABLE 255 REST OF MIDDLE EAST & AFRICA: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
                       TABLE 256 REST OF MIDDLE EAST & AFRICA: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTONS)
                       TABLE 257 REST OF MIDDLE EAST & AFRICA: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD MILLION)
                       TABLE 258 REST OF MIDDLE EAST & AFRICA: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (KILOTONS)
     12.6 SOUTH AMERICA
             TABLE 259 SOUTH AMERICA: ASPHALT ADDITIVES MARKET SIZE, BY COUNTRY, 2016–2018 (USD MILLION)
             TABLE 260 SOUTH AMERICA: ASPHALT ADDITIVES MARKET SIZE, BY COUNTRY, 2019–2026 (USD MILLION)
             TABLE 261 SOUTH AMERICA: ASPHALT ADDITIVES MARKET SIZE, BY COUNTRY, 2016–2018 (KILOTONS)
             TABLE 262 SOUTH AMERICA: ASPHALT ADDITIVES MARKET SIZE, BY COUNTRY, 2019–2026 (KILOTONS)
             TABLE 263 SOUTH AMERICA: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2016–2018 (USD MILLION)
             TABLE 264 SOUTH AMERICA: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (USD MILLION)
             TABLE 265 SOUTH AMERICA: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2016–2018 (KILOTONS)
             TABLE 266 SOUTH AMERICA: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (KILOTONS)
             TABLE 267 SOUTH AMERICA: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2016–2018 (USD MILLION)
             TABLE 268 SOUTH AMERICA: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
             TABLE 269 SOUTH AMERICA: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2016–2018 (KILOTONS)
             TABLE 270 SOUTH AMERICA: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTONS)
             TABLE 271 SOUTH AMERICA: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2016–2018 (USD MILLION)
             TABLE 272 SOUTH AMERICA: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD MILLION)
             TABLE 273 SOUTH AMERICA: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2016–2018 (KILOTONS)
             TABLE 274 SOUTH AMERICA: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (KILOTONS)
             12.6.1 BRAZIL
                        12.6.1.1 Growth in infrastructural development is expected to boost the market
                                    TABLE 275 BRAZIL: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (USD MILLION)
                                    TABLE 276 BRAZIL: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (KILOTONS)
                                    TABLE 277 BRAZIL: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
                                    TABLE 278 BRAZIL: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTONS)
                                    TABLE 279 BRAZIL: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD MILLION)
                                    TABLE 280 BRAZIL: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (KILOTONS)
             12.6.2 ARGENTINA
                        12.6.2.1 Growing investment in road building will boost the demand for asphalt additives
                                    TABLE 281 ARGENTINA: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (USD MILLION)
                                    TABLE 282 ARGENTINA: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (KILOTONS)
                                    TABLE 283 ARGENTINA: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
                                    TABLE 284 ARGENTINA: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTONS)
                                    TABLE 285 ARGENTINA: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD MILLION)
                                    TABLE 286 ARGENTINA: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (KILOTONS)
             12.6.3 COLOMBIA
                        12.6.3.1 Growth in urbanization will create demand for road construction which will drive the demand for asphalt additives
                                    TABLE 287 COLOMBIA: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (USD MILLION)
                                    TABLE 288 COLOMBIA: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (KILOTONS)
                                    TABLE 289 COLOMBIA: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
                                    TABLE 290 COLOMBIA: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTONS)
                                    TABLE 291 COLOMBIA: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD MILLION)
                                    TABLE 292 COLOMBIA: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (KILOTONS)
             12.6.4 REST OF SOUTH AMERICA
                       TABLE 293 REST OF SOUTH AMERICA: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (USD MILLION)
                       TABLE 294 REST OF SOUTH AMERICA: ASPHALT ADDITIVES MARKET SIZE, BY TYPE, 2019–2026 (KILOTONS)
                       TABLE 295 REST OF SOUTH AMERICA: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)
                       TABLE 296 REST OF SOUTH AMERICA: ASPHALT ADDITIVES MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTONS)
                       TABLE 297 REST OF SOUTH AMERICA: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD MILLION)
                       TABLE 298 REST OF SOUTH AMERICA: ASPHALT ADDITIVES MARKET SIZE, BY TECHNOLOGY, 2019–2026 (KILOTONS)

13 COMPETITIVE LANDSCAPE (Page No. - 217)
     13.1 INTRODUCTION
     13.2 MARKET EVALUATION FRAMEWORK
             FIGURE 41 ASPHALT ADDITIVES MARKET EVALUATION FRAMEWORK FOR ALL PLAYERS, 2018-2020
     13.3 MARKET SHARE ANALYSIS
             13.3.1 MARKET SHARE ANALYSIS OF TOP 5 PLAYERS VS. OTHERS ASPHALT ADDITIVES MARKET, 2020
                       FIGURE 42 MARKET SHARE ANALYSIS OF TOP 5 PLAYERS VS. OTHERS IN ASPHALT ADDITIVES MARKET
                       FIGURE 43 MARKET SHARE ANALYSIS OF TOP 5 PLAYERS IN ASPHALT ADDITIVES MARKET
     13.4 COMPANY PRODUCT FOOTPRINT ANALYSIS
             TABLE 299 ASPHALT ADDITIVES MARKET: PRODUCT TYPE FOOTPRINT
     13.5 COMPANY ASPHALT ADDITIVES TECHNOLOGY FOOTPRINT ANALYSIS
             TABLE 300 ASPHALT ADDITIVES MARKET: TECHNOLOGY TYPE FOOTPRINT
             TABLE 301 ASPHALT ADDITIVES MARKET: APPLICATION FOOTPRINT
             TABLE 302 ASPHALT ADDITIVES MARKET: COMPANY REGION FOOTPRINT
     13.6 COMPANY EVALUATION MATRIX (TIER 1)
             13.6.1 TERMINOLOGY/NOMENCLATURE
                        13.6.1.1 Star
                        13.6.1.2 Emerging Leader
                        13.6.1.3 Pervasive
                        13.6.1.4 Participant
                                     FIGURE 44 COMPANY EVALUATION MATRIX FOR ASPHALT ADDITIVES MARKET (TIER)
             13.6.2 STRENGTH OF PRODUCT PORTFOLIO
                        FIGURE 45 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN ASPHALT ADDITIVES MARKET
             13.6.3 BUSINESS STRATEGY EXCELLENCE
                        FIGURE 46 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN ASPHALT ADDITIVES MARKET
     13.7 START-UP/OTHER ADDITIONAL PLAYERS EVALUATION MATRIX
             13.7.1 TERMINOLOGY/NOMENCLATURE
             13.7.2 COMPETITIVE LEADERSHIP MAPPING OF SME,2020
                        13.7.2.1 Progressive companies
                        13.7.2.2 Responsive companies
                        13.7.2.3 Starting blocks
                                    FIGURE 47 OTHER ADDITIONAL PLAYERS/SMES EVALUATION MATRIX FOR ASPHALT ADDITIVES MARKET
     13.8 COMPETITIVE SITUATIONS AND TRENDS
             13.8.1 PRODUCT LAUNCHES
                       TABLE 303 ASPHALT ADDITIVES MARKET: PRODUCT LAUNCHES, JANUARY 2018- DECEMBER 2020
             13.8.2 DEALS
                       TABLE 304 ASPHALT ADDITIVES MARKET: DEALS, JANUARY 2018- DECEMBER 2020
             13.8.3 OTHER DEVELOPMENTS
                       TABLE 305 ASPHALT ADDITIVES MARKET: EXPANSIONS, INVESTMENTS, AND INNOVATIONS, JANUARY 2018- DECEMBER 2020

14 COMPANY PROFILES (Page No. - 231)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)* 
     14.1 MAJOR PLAYERS
             14.1.1 KRATON CORPORATION
                       FIGURE 48 KRATON CORPORATION: COMPANY SNAPSHOT
                       TABLE 306 KRATON CORPORATION: BUSINESS OVERVIEW
             14.1.2 INGEVITY CORPORATION
                       FIGURE 49 INGEVITY CORPORATION: COMPANY SNAPSHOT
                       TABLE 307 INGEVITY CORPORATION: BUSINESS OVERVIEW
             14.1.3 GRUPO DYNASOL
                       TABLE 308 GRUPO DYNASOL: BUSINESS OVERVIEW
             14.1.4 NOURYON
                       FIGURE 50 NOURYON: COMPANY SNAPSHOT
                       TABLE 309 NOURYON: BUSINESS OVERVIEW
             14.1.5 ARKEMA SA
                       FIGURE 51 ARKEMA SA: COMPANY SNAPSHOT
                       TABLE 310 ARKEMA SA: BUSINESS OVERVIEW
             14.1.6 DOWDUPONT INC.
                       FIGURE 52 DOWDUPONT INC.: COMPANY SNAPSHOT
                       TABLE 311 DOWDUPONT INC.: BUSINESS OVERVIEW
             14.1.7 BASF SE
                       FIGURE 53 BASF SE.: COMPANY SNAPSHOT
                       TABLE 312 BASF SE.: BUSINESS OVERVIEW
             14.1.8 HONEYWELL INTERNATIONAL INC
                       FIGURE 54 HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT
                       TABLE 313 HONEYWELL INTERNATIONAL INC.: BUSINESS OVERVIEW
             14.1.9 HUNTSMAN CORPORATION
                       FIGURE 55 HUNTSMAN CORPORATION: COMPANY SNAPSHOT
                       TABLE 314 HUNTSMAN CORPORATION: BUSINESS OVERVIEW
             14.1.10 EVONIK INDUSTRIES
                       FIGURE 56 EVONIK INDUSTRIES: COMPANY SNAPSHOT
                       TABLE 315 EVONIK INDUSTRIES: BUSINESS OVERVIEW
             14.1.11 SASOL LIMITED
                       FIGURE 57 SASOL LIMITED.: COMPANY SNAPSHOT
                       TABLE 316 SASOL LIMITED: BUSINESS OVERVIEW
             14.1.12 KAO CORPORATION
                       FIGURE 58 KAO CORPORATION: COMPANY SNAPSHOT
                       TABLE 317 KAO CORPORATION: BUSINESS OVERVIEW
             14.1.13 SINOPEC CORPORATION
                       FIGURE 59 SINOPEC CORPORATION: COMPANY SNAPSHOT
                       TABLE 318 SINOPEC CORPORATION: BUSINESS OVERVIEW
             14.1.14 ITERCHIMICA SRL
                       TABLE 319 ITERCHIMICA SRL: BUSINESS OVERVIEW
     14.2 ADDITIONAL PLAYERS
             TABLE 320 LCY CHEMICAL CORPORATION: BUSINESS OVERVIEW
             14.2.2 ERGON ASPHALT & EMULSIONS, INC
                       TABLE 321 ERGON ASPHALT & EMULSIONS, INC: BUSINESS OVERVIEW
             14.2.3 MCASPHALT INDUSTRIES LIMITED
                       TABLE 322 MCASPHALT INDUSTRIES LIMITED: BUSINESS OVERVIEW
             14.2.4 TRI-CHEM INDUSTRIES
             14.2.5 ENGINEERED ADDITIVES LLC
                       TABLE 323 ENGINEERED ADDITIVES LLC: BUSINESS OVERVIEW
             14.2.6 BERKSHIRE ENGINEERING
                       TABLE 324 BERKSHIRE ENGINEERING: BUSINESS OVERVIEW
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies. 

15 APPENDIX (Page No. - 271)
     15.1 DISCUSSION GUIDE
     15.2 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
     15.3 AVAILABLE CUSTOMIZATIONS
     15.4 RELATED REPORTS
     15.5 AUTHOR DETAILS

    The study involved four major activities in estimating the current size of the asphalt additive market. Exhaustive secondary research was undertaken to collect information on the asphalt additive market, its peer markets, and its parent market. The next step was to validate these findings, assumptions, and sizing with the industry experts across the asphalt additive value chain through primary research. Both, top-down and bottom-up approaches were employed to estimate the overall size of the market. Thereafter, the market breakdown and data triangulation procedures were used to estimate the sizes of different segments and subsegments of the asphalt additive market.

    Secondary Research

    As a part of the secondary research process, various secondary sources such as Hoovers, Bloomberg, BusinessWeek, and Dun & Bradstreet were referred to for identifying and collecting information for this study on the asphalt additive market. Secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, and articles by recognized authors, authenticated directories, and databases.
    Secondary research was mainly conducted to obtain key information about the supply chain of the industry, a monetary chain of the market, the total pool of players, and market classification and segmentation according to industry trends to the bottom-most level, regional markets, and key developments undertaken from both, market- and technology oriented perspectives.

    Primary Research

    As a part of the primary research process, various primary sources from both supply and demand sides were interviewed to obtain qualitative and quantitative information for this report on the asphalt additive market. Primary sources from the supply side included industry experts such as Chief Executive Officers (CEOs), vice presidents, marketing directors, technology and innovation directors, and related key executives from various key companies and organizations operating in the asphalt additive market. Primary sources from the demand side included directors, marketing heads, and purchase managers from various end-use industries. Following is the breakdown of the primary respondents.

    Asphalt Additive Market   Size, and Share

    To know about the assumptions considered for the study, download the pdf brochure

    Market Size Estimation

    Both top-down and bottom-up approaches were used to estimate and validate the total size of the asphalt additive market. These methods were also used extensively to estimate the size of various segments and subsegments of the market. The research methodology used to estimate the market size includes the following:

    • The key players were identified through extensive primary and secondary research.
    • The value chain and market size of the asphalt additives market, in terms of value and volume, were determined through primary and secondary research.
    • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
    • All possible parameters that affect the market covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.
    • The research included the study of reports, reviews, and newsletters of top market players, along with extensive interviews for opinions from key leaders, such as CEOs, directors, and marketing executives

    Global asphalt additives market Size: Bottom-Up Approach

    Asphalt Additive Market   Size, Bottom-Up Approach

    Data Triangulation

    After arriving at the overall size from the market size estimation process explained above, the total market was split into several segments and subsegments. Data triangulation and market breakdown procedures were used, wherever applicable to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments of the market. The data was triangulated by studying various factors and trends from both the demand and supply sides. In addition to this, the market size was validated using both top-down and bottom-up approaches.

    Objectives of the Report

    • To define, describe, and forecast the asphalt additive market based on type, application, technology,  and region
    • To analyze and forecast the volume (kilotons) and value (USD million) of the global asphalt additives market
    • To provide detailed information regarding the major factors such as drivers, restraints, opportunities, and challenges influencing the growth of the market
    • To strategically analyze micro-markets with respect to the individual growth trends, prospects, and contribution to the total market
    • To analyze the opportunities in the market for stakeholders and provide a detailed competitive landscape for market leaders
    • To forecast the market size in terms of value with respect to five main regions (along with countries), namely, Asia-Pacific, North America, Europe, Middle East & Africa, and South America.
    • To strategically profile key players and comprehensively analyze their market share and core competencies
    • To track and analyze recent market developments and competitive strategies in the asphalt additives market, such as agreements, collaborations, acquisitions, new product developments, and expansions in the global asphalt additive market.

    Competitive Intelligence

    • To identify and profile key players in the asphalt additives market
    • To determine the market share of key players operating in the market
    • To provide a comparative analysis of market leaders based on the following:
    • Product offerings
    • Business strategies
    • Strengths and weaknesses
    • Key financials
    • To understand the competitive landscape of the market and identify key growth strategies adopted by the leading players across key regions

    Available Customizations

    With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs.

    The following customization options are available for the report:

    Product Analysis

    • Product Matrix, which gives a detailed comparison of the product portfolio of each company

    Regional Analysis

    •  Further breakdown of the North America asphalt additives market, with respect to major countries in this region
    • Further breakdown of the Europe asphalt additives market, with respect to major countries in this region
    • Further breakdown of the Asia-Pacific asphalt additives market, with respect to major countries in this region
    • Further breakdown of the RoW asphalt additives market

    Company Information

    • Detailed analysis and profiling of the additional market players (up to three).
    COVID-19

    Get in-depth analysis of the COVID-19 impact on the Asphalt Additive Market

    Benchmarking the rapid strategy shifts of the Top 100 companies in the Asphalt Additive Market

    Request For Special Pricing
    Report Code
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    Published ON
    Apr, 2021
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