
The global Asphalt Additives and Modifiers market size is predicted to grow from US$ 3565 million in 2025 to US$ 4342 million in 2031; it is expected to grow at a CAGR of 3.3% from 2025 to 2031.
Asphalt additives and modifiers are substances or materials added to asphalt mixes to improve their performance, durability, and characteristics. These additives are used in the construction and maintenance of roads, highways, runways, and other paved surfaces to enhance the properties of the asphalt and make it suitable for specific applications and weather conditions. The use of additives and modifiers can lead to cost-effective and more sustainable pavement solutions.
Global key players of Asphalt Additives and Modifiers include LCY, Ingevity, Arkema, Sinopec and Kraton, etc. The top five players hold a share over30%. China is the largest market, has a share about 50%. In terms of product type, Asphalt Modifier is the largest segment, occupied for a share of about 60%, and in terms of application, Road has a share about 80 percent.
The “Asphalt Additives and Modifiers Industry Forecast” looks at past sales and reviews total world Asphalt Additives and Modifiers sales in 2024, providing a comprehensive analysis by region and market sector of projected Asphalt Additives and Modifiers sales for 2025 through 2031. With Asphalt Additives and Modifiers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Asphalt Additives and Modifiers industry.
This Insight Report provides a comprehensive analysis of the global Asphalt Additives and Modifiers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Asphalt Additives and Modifiers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Asphalt Additives and Modifiers market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Asphalt Additives and Modifiers and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Asphalt Additives and Modifiers.
This report presents a comprehensive overview, market shares, and growth opportunities of Asphalt Additives and Modifiers market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Asphalt Modifier
Antistripping Agent
Asphalt Emulsifier
Recycled Additives
Medium Temperature Modifiers
Others
Segmentation by Application:
Road Paving
Asphalt Concrete Repair
Roofing
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
LCY
Sinopec
Kraton
Dynasol
Sibur
Evonik
Arkema
Cargill
Nouryon
Ingevity
Kao Corporation
Sasol
BASF
Honeywell
LUCOBIT
Dow
Key Questions Addressed in this Report
What is the 10-year outlook for the global Asphalt Additives and Modifiers market?
What factors are driving Asphalt Additives and Modifiers market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Asphalt Additives and Modifiers market opportunities vary by end market size?
How does Asphalt Additives and Modifiers break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Asphalt Additives and Modifiers Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Asphalt Additives and Modifiers by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Asphalt Additives and Modifiers by Country/Region, 2020, 2024 & 2031
2.2 Asphalt Additives and Modifiers Segment by Type
2.2.1 Asphalt Modifier
2.2.2 Antistripping Agent
2.2.3 Asphalt Emulsifier
2.2.4 Recycled Additives
2.2.5 Medium Temperature Modifiers
2.2.6 Others
2.3 Asphalt Additives and Modifiers Sales by Type
2.3.1 Global Asphalt Additives and Modifiers Sales Market Share by Type (2020-2025)
2.3.2 Global Asphalt Additives and Modifiers Revenue and Market Share by Type (2020-2025)
2.3.3 Global Asphalt Additives and Modifiers Sale Price by Type (2020-2025)
2.4 Asphalt Additives and Modifiers Segment by Application
2.4.1 Road Paving
2.4.2 Asphalt Concrete Repair
2.4.3 Roofing
2.4.4 Other
2.5 Asphalt Additives and Modifiers Sales by Application
2.5.1 Global Asphalt Additives and Modifiers Sale Market Share by Application (2020-2025)
2.5.2 Global Asphalt Additives and Modifiers Revenue and Market Share by Application (2020-2025)
2.5.3 Global Asphalt Additives and Modifiers Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Asphalt Additives and Modifiers Breakdown Data by Company
3.1.1 Global Asphalt Additives and Modifiers Annual Sales by Company (2020-2025)
3.1.2 Global Asphalt Additives and Modifiers Sales Market Share by Company (2020-2025)
3.2 Global Asphalt Additives and Modifiers Annual Revenue by Company (2020-2025)
3.2.1 Global Asphalt Additives and Modifiers Revenue by Company (2020-2025)
3.2.2 Global Asphalt Additives and Modifiers Revenue Market Share by Company (2020-2025)
3.3 Global Asphalt Additives and Modifiers Sale Price by Company
3.4 Key Manufacturers Asphalt Additives and Modifiers Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Asphalt Additives and Modifiers Product Location Distribution
3.4.2 Players Asphalt Additives and Modifiers Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Asphalt Additives and Modifiers by Geographic Region
4.1 World Historic Asphalt Additives and Modifiers Market Size by Geographic Region (2020-2025)
4.1.1 Global Asphalt Additives and Modifiers Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Asphalt Additives and Modifiers Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Asphalt Additives and Modifiers Market Size by Country/Region (2020-2025)
4.2.1 Global Asphalt Additives and Modifiers Annual Sales by Country/Region (2020-2025)
4.2.2 Global Asphalt Additives and Modifiers Annual Revenue by Country/Region (2020-2025)
4.3 Americas Asphalt Additives and Modifiers Sales Growth
4.4 APAC Asphalt Additives and Modifiers Sales Growth
4.5 Europe Asphalt Additives and Modifiers Sales Growth
4.6 Middle East & Africa Asphalt Additives and Modifiers Sales Growth
5 Americas
5.1 Americas Asphalt Additives and Modifiers Sales by Country
5.1.1 Americas Asphalt Additives and Modifiers Sales by Country (2020-2025)
5.1.2 Americas Asphalt Additives and Modifiers Revenue by Country (2020-2025)
5.2 Americas Asphalt Additives and Modifiers Sales by Type (2020-2025)
5.3 Americas Asphalt Additives and Modifiers Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Asphalt Additives and Modifiers Sales by Region
6.1.1 APAC Asphalt Additives and Modifiers Sales by Region (2020-2025)
6.1.2 APAC Asphalt Additives and Modifiers Revenue by Region (2020-2025)
6.2 APAC Asphalt Additives and Modifiers Sales by Type (2020-2025)
6.3 APAC Asphalt Additives and Modifiers Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Asphalt Additives and Modifiers by Country
7.1.1 Europe Asphalt Additives and Modifiers Sales by Country (2020-2025)
7.1.2 Europe Asphalt Additives and Modifiers Revenue by Country (2020-2025)
7.2 Europe Asphalt Additives and Modifiers Sales by Type (2020-2025)
7.3 Europe Asphalt Additives and Modifiers Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Asphalt Additives and Modifiers by Country
8.1.1 Middle East & Africa Asphalt Additives and Modifiers Sales by Country (2020-2025)
8.1.2 Middle East & Africa Asphalt Additives and Modifiers Revenue by Country (2020-2025)
8.2 Middle East & Africa Asphalt Additives and Modifiers Sales by Type (2020-2025)
8.3 Middle East & Africa Asphalt Additives and Modifiers Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Asphalt Additives and Modifiers
10.3 Manufacturing Process Analysis of Asphalt Additives and Modifiers
10.4 Industry Chain Structure of Asphalt Additives and Modifiers
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Asphalt Additives and Modifiers Distributors
11.3 Asphalt Additives and Modifiers Customer
12 World Forecast Review for Asphalt Additives and Modifiers by Geographic Region
12.1 Global Asphalt Additives and Modifiers Market Size Forecast by Region
12.1.1 Global Asphalt Additives and Modifiers Forecast by Region (2026-2031)
12.1.2 Global Asphalt Additives and Modifiers Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Asphalt Additives and Modifiers Forecast by Type (2026-2031)
12.7 Global Asphalt Additives and Modifiers Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 LCY
13.1.1 LCY Company Information
13.1.2 LCY Asphalt Additives and Modifiers Product Portfolios and Specifications
13.1.3 LCY Asphalt Additives and Modifiers Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 LCY Main Business Overview
13.1.5 LCY Latest Developments
13.2 Sinopec
13.2.1 Sinopec Company Information
13.2.2 Sinopec Asphalt Additives and Modifiers Product Portfolios and Specifications
13.2.3 Sinopec Asphalt Additives and Modifiers Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Sinopec Main Business Overview
13.2.5 Sinopec Latest Developments
13.3 Kraton
13.3.1 Kraton Company Information
13.3.2 Kraton Asphalt Additives and Modifiers Product Portfolios and Specifications
13.3.3 Kraton Asphalt Additives and Modifiers Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Kraton Main Business Overview
13.3.5 Kraton Latest Developments
13.4 Dynasol
13.4.1 Dynasol Company Information
13.4.2 Dynasol Asphalt Additives and Modifiers Product Portfolios and Specifications
13.4.3 Dynasol Asphalt Additives and Modifiers Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Dynasol Main Business Overview
13.4.5 Dynasol Latest Developments
13.5 Sibur
13.5.1 Sibur Company Information
13.5.2 Sibur Asphalt Additives and Modifiers Product Portfolios and Specifications
13.5.3 Sibur Asphalt Additives and Modifiers Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Sibur Main Business Overview
13.5.5 Sibur Latest Developments
13.6 Evonik
13.6.1 Evonik Company Information
13.6.2 Evonik Asphalt Additives and Modifiers Product Portfolios and Specifications
13.6.3 Evonik Asphalt Additives and Modifiers Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Evonik Main Business Overview
13.6.5 Evonik Latest Developments
13.7 Arkema
13.7.1 Arkema Company Information
13.7.2 Arkema Asphalt Additives and Modifiers Product Portfolios and Specifications
13.7.3 Arkema Asphalt Additives and Modifiers Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Arkema Main Business Overview
13.7.5 Arkema Latest Developments
13.8 Cargill
13.8.1 Cargill Company Information
13.8.2 Cargill Asphalt Additives and Modifiers Product Portfolios and Specifications
13.8.3 Cargill Asphalt Additives and Modifiers Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Cargill Main Business Overview
13.8.5 Cargill Latest Developments
13.9 Nouryon
13.9.1 Nouryon Company Information
13.9.2 Nouryon Asphalt Additives and Modifiers Product Portfolios and Specifications
13.9.3 Nouryon Asphalt Additives and Modifiers Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Nouryon Main Business Overview
13.9.5 Nouryon Latest Developments
13.10 Ingevity
13.10.1 Ingevity Company Information
13.10.2 Ingevity Asphalt Additives and Modifiers Product Portfolios and Specifications
13.10.3 Ingevity Asphalt Additives and Modifiers Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Ingevity Main Business Overview
13.10.5 Ingevity Latest Developments
13.11 Kao Corporation
13.11.1 Kao Corporation Company Information
13.11.2 Kao Corporation Asphalt Additives and Modifiers Product Portfolios and Specifications
13.11.3 Kao Corporation Asphalt Additives and Modifiers Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Kao Corporation Main Business Overview
13.11.5 Kao Corporation Latest Developments
13.12 Sasol
13.12.1 Sasol Company Information
13.12.2 Sasol Asphalt Additives and Modifiers Product Portfolios and Specifications
13.12.3 Sasol Asphalt Additives and Modifiers Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Sasol Main Business Overview
13.12.5 Sasol Latest Developments
13.13 BASF
13.13.1 BASF Company Information
13.13.2 BASF Asphalt Additives and Modifiers Product Portfolios and Specifications
13.13.3 BASF Asphalt Additives and Modifiers Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 BASF Main Business Overview
13.13.5 BASF Latest Developments
13.14 Honeywell
13.14.1 Honeywell Company Information
13.14.2 Honeywell Asphalt Additives and Modifiers Product Portfolios and Specifications
13.14.3 Honeywell Asphalt Additives and Modifiers Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Honeywell Main Business Overview
13.14.5 Honeywell Latest Developments
13.15 LUCOBIT
13.15.1 LUCOBIT Company Information
13.15.2 LUCOBIT Asphalt Additives and Modifiers Product Portfolios and Specifications
13.15.3 LUCOBIT Asphalt Additives and Modifiers Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 LUCOBIT Main Business Overview
13.15.5 LUCOBIT Latest Developments
13.16 Dow
13.16.1 Dow Company Information
13.16.2 Dow Asphalt Additives and Modifiers Product Portfolios and Specifications
13.16.3 Dow Asphalt Additives and Modifiers Sales, Revenue, Price and Gross Margin (2020-2025)
13.16.4 Dow Main Business Overview
13.16.5 Dow Latest Developments
14 Research Findings and Conclusion
*If Applicable.
