Albany, NY -- (SBWire) -- 05/09/2017 --Asphalt additives are ingredients that are added to asphalt binders to improve the overall performance of asphalt in road constructions, waterproofing solutions, recreational activities, and other applications. The global asphalt additives market is on the rise backed by increasing environmental concerns and the need to maintain asphalt pavements for sustainable development. The inclusion of asphalt additives not only increases the performance of asphalt but also proves to be a pragmatic and reasonable solution to global vendors of asphalt in the market. Asphalt additives refer to substances that are added to asphalt binders to enhance the performance of asphalt in various applications like roadways, waterproofing, recreation, and agriculture.
The global asphalt additives market to grow at a CAGR of 6.80% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global asphalt additives market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
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The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Global Asphalt Additives Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
AkzoNobel
Arkema
Dow Chemical
Honeywell International
Huntsman International
Other prominent vendors
ArrMaz
Berkshire Engineering
DuPont
Engineered Additives
Evonik
Kao
Kraton
Sasol
Tri-Chem Industries
Market driver
Furtherance of transport sector and infrastructural development.
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Market challenge
Fluctuations in raw material prices.
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Market trend
Increasing use of asphalt emulsions.
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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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Global Asphalt Additives Market Analysis and Forecast to Reach at CAGR of 6.80% over 2017-2021: Road Constructions, Waterproofing Solutions, Recreational Activities, and Other Applications
The Report Global Asphalt Additives Market 2017-2021 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz