{"id":655225,"date":"2023-06-12T23:00:01","date_gmt":"2023-06-12T23:00:01","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=655225"},"modified":"2023-06-12T23:00:01","modified_gmt":"2023-06-12T23:00:01","slug":"asphalt-additive-market-size-worth-58-billion-usd-by-2028-at-a-cagr-of-77marketsandmarkets","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/asphalt-additive-market-size-worth-58-billion-usd-by-2028-at-a-cagr-of-77marketsandmarkets_655225.html","title":{"rendered":"Asphalt Additive Market Size Worth 5.8 billion USD by 2028, at a CAGR of 7.7%|\u00a0MarketsandMarkets\u2122"},"content":{"rendered":"
\n
\"Asphalt<\/a><\/div>\n
\n
Browse 544 market data Tables and 55 Figures spread through 348 Pages and in-depth TOC on “Asphalt Additive Market”<\/div>\n<\/div>\n<\/div>\n
The asphalt additive market is experiencing robust growth worldwide, fueled by rising infrastructure development and the need for enhanced road durability. North America dominates the regional growth, with Asia-Pacific emerging as a promising market due to increasing construction activities.<\/div>\n

The global asphalt additive market<\/a> is projected to grow from USD 4.0 billion in 2023 to USD 5.8 billion by 2028, at a CAGR of 7.7% from 2023 to 2028. The increase in road construction projects along with the growing usage of asphalt additives in roofing applications are some of the major key factors driving the growth of the asphalt additive market across the globe. <\/p>\n

Nouryon (Netherlands), Dow (US), Arkema SA (France), Honeywell International Inc. (US), Evonik Industries (Germany), Huntsman Corporation (US), Kraton Corporation (US), Ingevity Corporation(US), and BASF SE (Germany) are some of the leading players operating in the asphalt additive market. These players have adopted strategies of expansions, new product developments, acquisitions, and collaboration to enhance their position in the market.<\/p>\n

Download PDF Brochure: https:\/\/www.marketsandmarkets.com\/pdfdownloadNew.asp?id=156734514<\/a> <\/strong> <\/p>\n

Kraton Corporation (US)<\/strong><\/p>\n

Kraton Corporation is a leading specialty chemical company that manufactures styrene block copolymers and other engineered polymers. In September 2016, Kraton Performance Polymer Inc. changed its name to Kraton Corporation. The company has operations in performance products, performance chemicals, specialty polymers, adhesives, cariflex, and tires. The company operates its business through two segments namely, Polymer and Chemical. Kraton Corporation provides asphalt additives under its polymer segment. It has a strong geographic reach across North America, South America, Europe, and Asia with operations in over 70 countries worldwide.<\/p>\n

Ingevity Corporation (US)<\/strong><\/p>\n

Ingevity Corporation is a manufacturer of specialty chemicals and high-performance carbon materials. The specialty chemical products are used in a range of high- performance applications, such as pavement technologies, oil field technologies, and industrial specialties. The company operates its business through two segments, namely, Performance Materials and Performance Chemicals. The performance materials segment offers automotive carbon products used in gasoline vapor emission control systems in cars, trucks, motorcycles, and boats. The performance chemicals segment provides products derived from pine chemicals used in asphalt paving, oilfield technologies, and other diverse industrial specialty applications, such as adhesives, agrochemical dispersants, publication inks, lubricants, and petroleum.<\/p>\n

Request Sample Pages: https:\/\/www.marketsandmarkets.com\/requestsampleNew.asp?id=156734514<\/a> <\/strong> <\/p>\n

Grupo Dynasol (Spain)<\/strong><\/p>\n

Grupo Dynasol is one of the major producers in the synthetic rubber and rubber chemical markets. In 1999, Repsol and KUO group jointly started a global business project, which primarily focused on the manufacturing of synthetic rubber based on solutions and the development of new products. The company has production sites in Santander and Altamira in Spain and Tamaulipas in Mexico. The total production capacity of Solution Styrene Butadiene Rubber (SSBR) and Styrene Butadiene Styrene (SBS) is 110,000 tons per year and 112,000 tons per year in Altamira and Santander, respectively. It also has a joint venture in China, which has a production capacity of 100,000 tons per year of SBS and SSBR. Some of the markets served by this segment are adhesives, asphalt modification, polymer modification, seals, shoe soles, thermoplastic compounds, and industrial vulcanized articles.<\/p>\n

The Asia Pacific region of the asphalt additive market is projected to account for the largest share during the forecast period. Governments in nations like China, India, and Southeast Asian countries are making significant investments in developing and enlarging their transportation networks, including their airports, roads, and highways. <\/p>\n

Inquiry Before Buying: https:\/\/www.marketsandmarkets.com\/Enquiry_Before_BuyingNew.asp?id=156734514<\/a> <\/strong><\/p>\n

About MarketsandMarkets™<\/strong> <\/p>\n

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. <\/p>\n

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. <\/p>\n

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The Knowledge Store™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. <\/p>\n

Media Contact<\/span>
Company Name:<\/strong> MarketsandMarkets\u2122 Research Private Ltd.<\/a>
Contact Person:<\/strong> Mr. Aashish Mehra
Email:<\/strong> Send Email<\/a>
Phone:<\/strong> 18886006441
Address:<\/strong>630 Dundee Road Suite 430
City:<\/strong> Northbrook
State:<\/strong> IL 60062
Country:<\/strong> United States
Website:<\/strong> https:\/\/www.marketsandmarket-Reports\/asphalt-additive-market-156734514.htmlkets.com\/Mar<\/a><\/p>\n

<\/object>\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

Browse 544 market data Tables and 55 Figures spread through 348 Pages and in-depth TOC on “Asphalt Additive Market” The asphalt additive market is experiencing robust growth worldwide, fueled by rising infrastructure development and the need for enhanced road durability. … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[408,435,410,403,404],"tags":[],"class_list":["post-655225","post","type-post","status-publish","format-standard","hentry","category-Electronics-Semiconductors","category-Europe","category-Manufacturing-Industry","category-UK","category-US"],"_links":{"self":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/655225","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/comments?post=655225"}],"version-history":[{"count":0,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/655225\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/media?parent=655225"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/categories?post=655225"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/tags?post=655225"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}