Global Asphalt Additives Market is Expected to Reach US$ 4.73 Bn in 2025 - Industry Analysis, Size, Share, Growth, Trends and Forecast 2017-2025

ResearchMoz added Latest Research Report titled " Asphalt Additives Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025 " to it's Large Report database.

Asphalt Additives Market: Overview

Asphalt additives are materials incorporated into the asphalt binder inorder to enhance the performance characteristics of the asphalt product. Asphalt additives can added to the binder through hot mix, warm mix or cold mix technologies. Modified asphalt is used for road construction & paving, roofing and for construction of airports, parking lots etc. The use of recycled materials such as reclaimed asphalt (RAP) and reclaimed shingles (RAS) is increasing across the world due to growing awareness about environmental sustainability. In order to utilize a larger percentage of recycled materials a higher proportion of additives have to be added to the asphalt mix. Further, several countries are investing heavily in developing their road networks. These factors are likely to be the prime drivers for the asphalt additives market.   

Asphalt Additives Market: Research Methodology

This report provides detailed analysis and forecast of the asphalt additives market on a global and regional level from 2017 to 2025. On the global level, the market has been segmented based on volume (kilo tons) and revenue (US$ Mn) from 2017 to 2025.Demand for asphalt additives has been forecast in terms of volume (kilo tons) and revenue (US$ Mn) from 2017 to 2025 to provide in-depth understanding of the market at the regional level.

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The report includes drivers and restraints coupled with their impact on the market growth during the forecast period. Furthermore, the study encompasses various opportunities for growth of the market at the global and regional level.

The report thoroughly analyzes the value chain to provide detailed understanding of the market. Additionally, it covers Porter’s Five Forces Model, which offers an insight into the intensity of competition in the market. The study also comprises market attractiveness analysis, wherein various end-users are benchmarked based on their market size, growth rate, and general attractiveness.

We conducted in-depth interviews and discussions with numerous key industry participants and opinion leaders for the research report. Primary research represents the bulk of our research efforts coupled with extensive secondary research. We reviewed key players’ annual reports, product portfolio, press releases, and relevant documents for competitive analysis and better understanding of the market. Secondary research includes in-depth research on current trends, technical writing, recent trade, Internet sources, trade associations, and statistical data from government websites as well as associated and authorized agency websites. This proved to be the most successful, effective, and reliable approach for obtaining concise data, capturing industry participants’ insights, and recognizing opportunities and growth.

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Table of Content

1. Preface
     1.1. Report Description
     1.2. Research Scope

2. Assumptions and Research Methodology
     2.1. Assumptions
     2.2. Market Segmentation
     2.3. Research Methodology

3. Executive Summary
     3.1. Global Asphalt Additives Market, 2016 - 2025, (US$ Mn)
     3.2. Asphalt Additives Market: Market Snapshot

4. Asphalt Additives Market– Industry Analysis
     4.1. Introduction
     4.2. Value Chain Analysis
     4.3. Market Drivers
          4.3.1. Usage of additives in reclaimed asphalt pavement (RAP)
          4.3.2. Emerging Warm Mix Asphalt (WMA) Technology
     4.4. Restraints
          4.4.1. Availability of alternatives for asphalt
     4.5. Opportunity
          4.5.1. Shift in focus towards bio-based additives is likely to act as Opportunity for the Asphalt Additives Market
     4.6. Value Chain Analysis
     4.7. Porter’s Five Forces Analysis
          4.7.1. Bargaining Power of Suppliers
          4.7.2. Bargaining Power of Buyers
          4.7.3. Threat of Substitutes
          4.7.4. Threat of New Entrants
          4.7.5. Degree of Competition
     4.8. Asphalt Industry SWAT Analysis

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Global Asphalt Additives Market is Expected to Reach US$ 4.73 Bn in 2025 - Industry Analysis, Size, Share, Growth, Trends and Forecast 2017-2025 Global Asphalt Additives Market is Expected to Reach US$ 4.73 Bn in 2025 - Industry Analysis, Size, Share, Growth, Trends and Forecast 2017-2025 Reviewed by Sagar Jagtap on 23:22 Rating: 5

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