
The global market for Asphalt Additives and Modifiers was valued at US$ 3542 million in the year 2024 and is projected to reach a revised size of US$ 4408 million by 2031, growing at a CAGR of 3.2% during the forecast period.
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.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Asphalt Additives and Modifiers, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Asphalt Additives and Modifiers.
The Asphalt Additives and Modifiers market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Asphalt Additives and Modifiers market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Asphalt Additives and Modifiers manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
LCY
Sinopec
Kraton
Dynasol
Sibur
Evonik
Arkema
Cargill
Nouryon
Ingevity
Kao Corporation
Sasol
BASF
Honeywell
LUCOBIT
Dow
by Type
Asphalt Modifier
Antistripping Agent
Asphalt Emulsifier
Recycled Additives
Medium Temperature Modifiers
Others
by Application
Road Paving
Asphalt Concrete Repair
Roofing
Other
Production by Region
North America
Europe
China
Japan
China Taiwan
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Asphalt Additives and Modifiers manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Asphalt Additives and Modifiers by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Asphalt Additives and Modifiers in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
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1 Asphalt Additives and Modifiers Market Overview
1.1 Product Definition
1.2 Asphalt Additives and Modifiers by Type
1.2.1 Global Asphalt Additives and Modifiers Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Asphalt Modifier
1.2.3 Antistripping Agent
1.2.4 Asphalt Emulsifier
1.2.5 Recycled Additives
1.2.6 Medium Temperature Modifiers
1.2.7 Others
1.3 Asphalt Additives and Modifiers by Application
1.3.1 Global Asphalt Additives and Modifiers Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Road Paving
1.3.3 Asphalt Concrete Repair
1.3.4 Roofing
1.3.5 Other
1.4 Global Market Growth Prospects
1.4.1 Global Asphalt Additives and Modifiers Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Asphalt Additives and Modifiers Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Asphalt Additives and Modifiers Production Estimates and Forecasts (2020-2031)
1.4.4 Global Asphalt Additives and Modifiers Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Asphalt Additives and Modifiers Production Market Share by Manufacturers (2020-2025)
2.2 Global Asphalt Additives and Modifiers Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Asphalt Additives and Modifiers, Industry Ranking, 2023 VS 2024
2.4 Global Asphalt Additives and Modifiers Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Asphalt Additives and Modifiers Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Asphalt Additives and Modifiers, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Asphalt Additives and Modifiers, Product Offered and Application
2.8 Global Key Manufacturers of Asphalt Additives and Modifiers, Date of Enter into This Industry
2.9 Asphalt Additives and Modifiers Market Competitive Situation and Trends
2.9.1 Asphalt Additives and Modifiers Market Concentration Rate
2.9.2 Global 5 and 10 Largest Asphalt Additives and Modifiers Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Asphalt Additives and Modifiers Production by Region
3.1 Global Asphalt Additives and Modifiers Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Asphalt Additives and Modifiers Production Value by Region (2020-2031)
3.2.1 Global Asphalt Additives and Modifiers Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Asphalt Additives and Modifiers by Region (2026-2031)
3.3 Global Asphalt Additives and Modifiers Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Asphalt Additives and Modifiers Production Volume by Region (2020-2031)
3.4.1 Global Asphalt Additives and Modifiers Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Asphalt Additives and Modifiers by Region (2026-2031)
3.5 Global Asphalt Additives and Modifiers Market Price Analysis by Region (2020-2025)
3.6 Global Asphalt Additives and Modifiers Production and Value, Year-over-Year Growth
3.6.1 North America Asphalt Additives and Modifiers Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Asphalt Additives and Modifiers Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Asphalt Additives and Modifiers Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Asphalt Additives and Modifiers Production Value Estimates and Forecasts (2020-2031)
3.6.5 China Taiwan Asphalt Additives and Modifiers Production Value Estimates and Forecasts (2020-2031)
4 Asphalt Additives and Modifiers Consumption by Region
4.1 Global Asphalt Additives and Modifiers Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Asphalt Additives and Modifiers Consumption by Region (2020-2031)
4.2.1 Global Asphalt Additives and Modifiers Consumption by Region (2020-2025)
4.2.2 Global Asphalt Additives and Modifiers Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Asphalt Additives and Modifiers Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Asphalt Additives and Modifiers Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Asphalt Additives and Modifiers Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Asphalt Additives and Modifiers Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Asphalt Additives and Modifiers Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Asphalt Additives and Modifiers Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Asphalt Additives and Modifiers Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Asphalt Additives and Modifiers Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Asphalt Additives and Modifiers Production by Type (2020-2031)
5.1.1 Global Asphalt Additives and Modifiers Production by Type (2020-2025)
5.1.2 Global Asphalt Additives and Modifiers Production by Type (2026-2031)
5.1.3 Global Asphalt Additives and Modifiers Production Market Share by Type (2020-2031)
5.2 Global Asphalt Additives and Modifiers Production Value by Type (2020-2031)
5.2.1 Global Asphalt Additives and Modifiers Production Value by Type (2020-2025)
5.2.2 Global Asphalt Additives and Modifiers Production Value by Type (2026-2031)
5.2.3 Global Asphalt Additives and Modifiers Production Value Market Share by Type (2020-2031)
5.3 Global Asphalt Additives and Modifiers Price by Type (2020-2031)
6 Segment by Application
6.1 Global Asphalt Additives and Modifiers Production by Application (2020-2031)
6.1.1 Global Asphalt Additives and Modifiers Production by Application (2020-2025)
6.1.2 Global Asphalt Additives and Modifiers Production by Application (2026-2031)
6.1.3 Global Asphalt Additives and Modifiers Production Market Share by Application (2020-2031)
6.2 Global Asphalt Additives and Modifiers Production Value by Application (2020-2031)
6.2.1 Global Asphalt Additives and Modifiers Production Value by Application (2020-2025)
6.2.2 Global Asphalt Additives and Modifiers Production Value by Application (2026-2031)
6.2.3 Global Asphalt Additives and Modifiers Production Value Market Share by Application (2020-2031)
6.3 Global Asphalt Additives and Modifiers Price by Application (2020-2031)
7 Key Companies Profiled
7.1 LCY
7.1.1 LCY Asphalt Additives and Modifiers Company Information
7.1.2 LCY Asphalt Additives and Modifiers Product Portfolio
7.1.3 LCY Asphalt Additives and Modifiers Production, Value, Price and Gross Margin (2020-2025)
7.1.4 LCY Main Business and Markets Served
7.1.5 LCY Recent Developments/Updates
7.2 Sinopec
7.2.1 Sinopec Asphalt Additives and Modifiers Company Information
7.2.2 Sinopec Asphalt Additives and Modifiers Product Portfolio
7.2.3 Sinopec Asphalt Additives and Modifiers Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Sinopec Main Business and Markets Served
7.2.5 Sinopec Recent Developments/Updates
7.3 Kraton
7.3.1 Kraton Asphalt Additives and Modifiers Company Information
7.3.2 Kraton Asphalt Additives and Modifiers Product Portfolio
7.3.3 Kraton Asphalt Additives and Modifiers Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Kraton Main Business and Markets Served
7.3.5 Kraton Recent Developments/Updates
7.4 Dynasol
7.4.1 Dynasol Asphalt Additives and Modifiers Company Information
7.4.2 Dynasol Asphalt Additives and Modifiers Product Portfolio
7.4.3 Dynasol Asphalt Additives and Modifiers Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Dynasol Main Business and Markets Served
7.4.5 Dynasol Recent Developments/Updates
7.5 Sibur
7.5.1 Sibur Asphalt Additives and Modifiers Company Information
7.5.2 Sibur Asphalt Additives and Modifiers Product Portfolio
7.5.3 Sibur Asphalt Additives and Modifiers Production, Value, Price and Gross Margin (2020-2025)
7.5.4 Sibur Main Business and Markets Served
7.5.5 Sibur Recent Developments/Updates
7.6 Evonik
7.6.1 Evonik Asphalt Additives and Modifiers Company Information
7.6.2 Evonik Asphalt Additives and Modifiers Product Portfolio
7.6.3 Evonik Asphalt Additives and Modifiers Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Evonik Main Business and Markets Served
7.6.5 Evonik Recent Developments/Updates
7.7 Arkema
7.7.1 Arkema Asphalt Additives and Modifiers Company Information
7.7.2 Arkema Asphalt Additives and Modifiers Product Portfolio
7.7.3 Arkema Asphalt Additives and Modifiers Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Arkema Main Business and Markets Served
7.7.5 Arkema Recent Developments/Updates
7.8 Cargill
7.8.1 Cargill Asphalt Additives and Modifiers Company Information
7.8.2 Cargill Asphalt Additives and Modifiers Product Portfolio
7.8.3 Cargill Asphalt Additives and Modifiers Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Cargill Main Business and Markets Served
7.8.5 Cargill Recent Developments/Updates
7.9 Nouryon
7.9.1 Nouryon Asphalt Additives and Modifiers Company Information
7.9.2 Nouryon Asphalt Additives and Modifiers Product Portfolio
7.9.3 Nouryon Asphalt Additives and Modifiers Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Nouryon Main Business and Markets Served
7.9.5 Nouryon Recent Developments/Updates
7.10 Ingevity
7.10.1 Ingevity Asphalt Additives and Modifiers Company Information
7.10.2 Ingevity Asphalt Additives and Modifiers Product Portfolio
7.10.3 Ingevity Asphalt Additives and Modifiers Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Ingevity Main Business and Markets Served
7.10.5 Ingevity Recent Developments/Updates
7.11 Kao Corporation
7.11.1 Kao Corporation Asphalt Additives and Modifiers Company Information
7.11.2 Kao Corporation Asphalt Additives and Modifiers Product Portfolio
7.11.3 Kao Corporation Asphalt Additives and Modifiers Production, Value, Price and Gross Margin (2020-2025)
7.11.4 Kao Corporation Main Business and Markets Served
7.11.5 Kao Corporation Recent Developments/Updates
7.12 Sasol
7.12.1 Sasol Asphalt Additives and Modifiers Company Information
7.12.2 Sasol Asphalt Additives and Modifiers Product Portfolio
7.12.3 Sasol Asphalt Additives and Modifiers Production, Value, Price and Gross Margin (2020-2025)
7.12.4 Sasol Main Business and Markets Served
7.12.5 Sasol Recent Developments/Updates
7.13 BASF
7.13.1 BASF Asphalt Additives and Modifiers Company Information
7.13.2 BASF Asphalt Additives and Modifiers Product Portfolio
7.13.3 BASF Asphalt Additives and Modifiers Production, Value, Price and Gross Margin (2020-2025)
7.13.4 BASF Main Business and Markets Served
7.13.5 BASF Recent Developments/Updates
7.14 Honeywell
7.14.1 Honeywell Asphalt Additives and Modifiers Company Information
7.14.2 Honeywell Asphalt Additives and Modifiers Product Portfolio
7.14.3 Honeywell Asphalt Additives and Modifiers Production, Value, Price and Gross Margin (2020-2025)
7.14.4 Honeywell Main Business and Markets Served
7.14.5 Honeywell Recent Developments/Updates
7.15 LUCOBIT
7.15.1 LUCOBIT Asphalt Additives and Modifiers Company Information
7.15.2 LUCOBIT Asphalt Additives and Modifiers Product Portfolio
7.15.3 LUCOBIT Asphalt Additives and Modifiers Production, Value, Price and Gross Margin (2020-2025)
7.15.4 LUCOBIT Main Business and Markets Served
7.15.5 LUCOBIT Recent Developments/Updates
7.16 Dow
7.16.1 Dow Asphalt Additives and Modifiers Company Information
7.16.2 Dow Asphalt Additives and Modifiers Product Portfolio
7.16.3 Dow Asphalt Additives and Modifiers Production, Value, Price and Gross Margin (2020-2025)
7.16.4 Dow Main Business and Markets Served
7.16.5 Dow Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Asphalt Additives and Modifiers Industry Chain Analysis
8.2 Asphalt Additives and Modifiers Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Asphalt Additives and Modifiers Production Mode & Process Analysis
8.4 Asphalt Additives and Modifiers Sales and Marketing
8.4.1 Asphalt Additives and Modifiers Sales Channels
8.4.2 Asphalt Additives and Modifiers Distributors
8.5 Asphalt Additives and Modifiers Customer Analysis
9 Asphalt Additives and Modifiers Market Dynamics
9.1 Asphalt Additives and Modifiers Industry Trends
9.2 Asphalt Additives and Modifiers Market Drivers
9.3 Asphalt Additives and Modifiers Market Challenges
9.4 Asphalt Additives and Modifiers Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
LCY
Sinopec
Kraton
Dynasol
Sibur
Evonik
Arkema
Cargill
Nouryon
Ingevity
Kao Corporation
Sasol
BASF
Honeywell
LUCOBIT
Dow
Ìý
Ìý
*If Applicable.
