DUBLIN--(BUSINESS WIRE)--The "Global Asphalt Modifiers Market - Segmented by Application, Constituent, and Geography - Trends and Forecasts (2016 - 2021)" report has been added to Research and Markets' offering.
The global asphalt modifiers market is expected to grow at a CAGR of 6.2% during the forecast period. Asphalt modifiers are primarily added to asphalt concrete or asphalt, while it's being used in repair and new construction activities in various construction areas.
The global asphalt modifiers market report considers the following major modified asphalt application areas: paving, roofing, and others. The market has also been divided according to the modifier type into physical modifiers, chemical modifiers, fibers, adhesion improvers, extenders, fillers, antioxidants, anti-strip modifiers, and others. The market in the physical modifiers segment has been further sub-segmented into plastics, rubbers, and others.
The increasing preference for hot mix asphalt (HMA) as a replacement for replacement of traditional concrete, the growing emphasis on incorporating nanotechnology in asphalt modification (nano-clay), and the development of bio-renewable modifiers, are expected to offer major growth opportunities for the players in the global asphalt modifiers market.
Market Dynamics of the Global Asphalt Modifiers Market:
Drivers:
- The current high traffic volume and heavier loads on roads and highways
- Economic slowdown resulting in deferred infrastructure maintenance
- Growing emphasis on meeting super-save design specifications
Restraints:
- High initial cost for using modified asphalt cement
- Occupational health hazards regarding asphalt
Companies Mentioned
- Akzo Nobel N.V.
- Arkema Inc.
- ArrMaz
- BASF SE
- Cargill Inc.
- E. I. Du Pont De Nemours & Company
- Engineered Additives LLC
- Eurovia Services GmbH
- Evonik Industries Corporation
- ExxonMobil Chemical
- Genan Holding A/S
- Honeywell International Inc.
- Kao Corporation
- Kraton Performance Polymers Inc.
- McAsphalt Industries Limited
- PQ Corporation
- Romonta GmbH
- Sasol Ltd.
- The Dow Chemical Company
-
Others
Key Topics Covered:
1. Introduction
2. Executive Summary
3. Global Asphalt Market
4. Global Asphalt Modifiers Market
5. Market Dynamics
6. Market Segmentation and Analysis
7. Regional Analysis
8. Future of Asphalt Modifiers Market
9. Competitive Landscape
10. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/gzfhst/global_asphalt
