The United States Asphalt Additives Market Will Grow to USD 1,355.85 million by 2027, at a CAGR of 8.17% - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Asphalt Additives Market Research Report by Type, by Technology, by Application, by State - United States Forecast to 2027 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

The United States Asphalt Additives Market size was estimated at USD 782.17 million in 2020, is expected to reach USD 869.61 million in 2021, and is projected to grow at a CAGR of 8.17% to reach USD 1,355.85 million by 2027.

Market Statistics:

The report provides market sizing and forecast across five major currencies - USD, EUR GBP, JPY, and AUD. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2018 and 2019 are considered historical years, 2020 as the base year, 2021 as the estimated year, and years from 2022 to 2027 are considered the forecast period.

Market Segmentation & Coverage:

This Research Report Categorizes the Asphalt Additives to Forecast the Revenues and Analyze the Trends in Each of the Following Sub-Markets:

• Based on Type, the market was studied across Anti-Strip & Adhesion Promoters, Chemical Modifiers, Colored Asphalt, Emulsifiers, Fibers, Flux Oil, Polymeric Modifiers, and Rejuvenators.
• Based on Technology, the market was studied across Cold Mix, Hot Mix, and Warm Mix.
• Based on Application, the market was studied across Airport Construction, Road Construction & Paving, and Roofing.
• Based on State, the market was studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas.

Companies Mentioned

• Arkema SA
• Arrmaz
• BASF SE
• DowDuPont Inc.
• Evonik Industries
• Honeywell International Inc
• Huntsman Corporation
• Ingevity Corporation
• Iterchimica SRL
• KAO Corporation
• Kraton Corporation
• Nouryon
• Sasol Limited
• Sinopec Corporation

Cumulative Impact of COVID-19:

COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact the industry growth during the forecast period. Ongoing research by the publisher amplifies their research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward. The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Asphalt Additives Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Competitive Scenario:

The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the vendors. The news covered in this section delivers valuable thoughts at different stages while keeping up-to-date with the business and engage stakeholders in the economic debate. The competitive scenario represents press releases or news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected help vendor to understand the gaps in the marketplace and competitor's strength and weakness thereby, providing insights to enhance product and service.

Key Topics Covered:

1. Preface

1.1. Objectives of the Study

1.2. Market Segmentation & Coverage

1.3. Years Considered for the Study

1.4. Currency & Pricing

1.5. Language

1.6. Limitations

1.7. Assumptions

1.8. Stakeholders

2. Research Methodology

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics

5.1.1. Drivers

5.1.2. Restraints

5.1.3. Opportunities

5.1.4. Challenges

5.2. Cumulative Impact of COVID-19

6. Asphalt Additives Market, by Type

6.1. Introduction

6.2. Anti-Strip & Adhesion Promoters

6.3. Chemical Modifiers

6.4. Colored Asphalt

6.5. Emulsifiers

6.6. Fibers

6.7. Flux Oil

6.8. Polymeric Modifiers

6.9. Rejuvenators

7. Asphalt Additives Market, by Technology

7.1. Introduction

7.2. Cold Mix

7.3. Hot Mix

7.4. Warm Mix

8. Asphalt Additives Market, by Application

8.1. Introduction

8.2. Airport Construction

8.3. Road Construction & Paving

8.4. Roofing

9. California Asphalt Additives Market

10. Florida Asphalt Additives Market

11. Illinois Asphalt Additives Market

12. New York Asphalt Additives Market

13. Ohio Asphalt Additives Market

14. Pennsylvania Asphalt Additives Market

15. Texas Asphalt Additives Market

16. Competitive Landscape

17. Company Usability Profiles

18. Appendix

For more information about this report visit https://www.researchandmarkets.com/r/es202r.