Asphalt Anti-Strip Promoters Market Growing at 5.70%CAGR Will Hit 190 Million US$ in 2025
Los Angeles, CA -- (SBWire) -- 04/17/2019 --Asphalt Anti-strip Promoters are added to asphalt to increase the occurrence and strength of asphalt-aggregate adhesion.
In the past few years, the price of Asphalt Anti-strip Promoters decreased and we expect the price has pressure to increase in short time with new capacity released. However, the improvement of energy, transportation costs, employee wages, and equipment depreciation will play a significant role in promoting the cost of Asphalt Anti-strip Promoters. Therefore, to some extent, the companies face the risk of profit decline.
There are companies adding new capacities and aiming at the cost and quality leadership which shall improve profitability. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs, improve quality and performance for Asphalt Anti-strip Promoters product application. The competition in Asphalt Anti-Stripping Agents market will become more intense.
The global Asphalt Anti-strip Promoters market was 120 million US$ in 2018 and is expected to 190 million US$ by the end of 2025, growing at a CAGR of 5.7% between 2019 and 2025.
This report studies the Asphalt Anti-strip Promoters 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-strip Promoters 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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