Global Bitumen (Asphalt) Additives Market Overview:

According to market analysts, Global Bitumen (Asphalt) Additives Market is projected to grow at a high CAGR value from 2019 to 2025.

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The Bitumen (Asphalt) Additives Market is driven by the factors such as growing demand for infrastructure on account of growing the population, improving the standard of living. Increasing awareness about climate changes, along with global warming will drive roofing requirements which drive product demand.

The Bitumen (Asphalt) Additives Market is segmented based on Type, Application, Technology and Region. On the basis of type, the market is sub-segmented into Polymeric modifiers Anti-strip & adhesion promoters, Emulsifiers, Chemical modifiers and others. The polymeric modifiers segment of the asphalt additives market is expected to witness significant growth in the coming years.

On the basis of technology, the market is sub-segmented into Hot mix, Cold mix and Warm mix. The hot mix segment of the asphalt additives market held the largest share of the asphalt additives market. Based on application, the road construction and paving application segment of the asphalt additives market is expected to witness significant growth in the coming years.

Regionally, Asia-Pacific dominated the asphalt additives market, owing to the increasing demand for asphalt additives in developing economies, such as India and China. China is the leading consumer of asphalt additives in the Asia-Pacific region.

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Key Players:

1 Shell

2 TARAK CHEMICALS

3 Arkema

4 Akzonobel

5 Evonik

6 Croda

7 DuPont

8 Huntsman and More...

Key Regions:

1 North America

2 Europe

3 Asia-Pacific

4 South America

5 Middle East & Africa

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Key Questions Answered in this Report:

1 What will the market size and the growth rate be in 2025?

2 What are the key factors driving the Bitumen(Asphalt) Additives Market?

3 What are the challenges to market growth?

4 Who are the key vendors in the market?

5 What are the latest market trends?

Table of Content:

1 Industry Overview

2 Bitumen(Asphalt) Additives Market by Type

3 Global Market Demand

4 Major Region Market

5 Major Companies List

6 Conclusion

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