The Asphalt Additives Market is projected to grow at a CAGR 4.19% rate during the forecast period. Increasing infrastructure developments in the Asia Pacific region, recyclability of asphalt, development of warm-mix asphalt, and increasing use of asphalt in roofing applications together are contributing in the growth of the market across the globe.

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Asia Pacific region is estimated to be largest market for asphalt additives in 2018, and this trend is expected to continue during the forecast period due to increasing demand for asphalt additives products in developing economies, such as India and China.

The prominent players in the Global Asphalt Additives Market are Nouryon (Netherlands), DowDuPont (US), Arkema SA (France), Honeywell International Inc. (US), Evonik Industries (Germany), Huntsman Corporation (US), Kraton Corporation (US), Sasol Limited (South Africa), Ingevity Corporation (US), Arrmaz (US), BASF SE (Germany), Kao Corporation (Japan).

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