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Asphalt Anti-Stripping Agents Market Growing at 5.80% CAGR Will Hit 190 Million US$ in 2025

 

Los Angeles, CA -- (SBWIRE) -- 04/17/2019 -- Anti-stripping agents are often overlooked when boosting the performance of asphalt. It is added to asphalt to increase the occurrence and strength of asphalt-aggregate adhesion

The technical barriers of Asphalt Anti-Stripping Agents are relatively high, resulting in high level concentration degree. The manufacturing bases scatter around the world, mainly concentrating in Europe and USA. The key companies in Asphalt Anti-Stripping Agents market include. ArrMaz, Ingevity, Dow Chemical, Evonik, Cargill. In 2017, the demand for Asphalt Anti-Stripping Agents in all regions is leveling off. The demand for these products will grow steadily.

Asphalt Anti-Stripping Agents are widely used in roads, pavements, airfields, and parking lots made of asphalt and others. In 2017, Hot Mix Asphalt consumption occupy more than 82.54% of total amount. In recent years, North America has become the largest world market for Asphalt Anti-Stripping Agents, surpassing Europe and China. North America is the leading footwear producer in the world, followed by Europe. Therefore, increasing demand for Asphalt Anti-Stripping Agents is expected to support the growth over forecast period. Asphalt Anti-Stripping Agents industry will usher in a stable growth space.

The global Asphalt Anti-Stripping Agents market was 120 million US$ in 2018 and is expected to 190 million US$ by the end of 2025, growing at a CAGR of 5.8% between 2019 and 2025.

This report studies the Asphalt Anti-Stripping Agents market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Asphalt Anti-Stripping Agents in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

ArrMaz

Ingevity

Dow Chemical

Evonik

Cargill

DuPont

Arkema

Akzo Nobel

Pre Tech

Macismo

LT Special Road

By the product type, the market is primarily split into

Amine Anti-Stripping Agent

Amine-free Anti-stripping Agent

By the end users/application, this report covers the following segments

Warm Mix Asphalt

Hot Mix Asphalt

Cold Mix Asphalt

Key Regions split in this report:

North America

Asia-Pacific

Europe

Central & South America

Middle East & Africa

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