The global demand for Asphalt Anti-Stripping Agents Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2022 - 2028. Regarding volume, the market was calculated XX Tons in 2021 and forecast to touch XX Tons by 2028 with a CAGR of XX% during 2022-2028.
The bonding between asphalt and aggregate is of prime importance as it is the primary feature that influences the pavement's reliability. Better adhesion between aggregates and bitumen is ensured through the usage of anti-stripping agents. Anti-stripping agents eliminate the possibility of instability, such as crumbling and the formation of holes. Different anti-stripping agents minimize the severity of stripping based on their properties and workability. Key factors determining the severity of the pavement's stripping potential depend on the aggregate mineralogical composition, asphalt chemical features, aggregate cleanliness, mix design, construction quality, pavement drainage condition, and climatic condition.
Market Dynamics
The rising construction of asphalt-based roads worldwide combined with the growing issue of stripping is steering demand for asphalt anti-stripping agents. Rapidly increasing investments in infrastructure building by developed and developing countries is creating opportunities in the asphalt anti-strip market in the upcoming years. The transportation industry is growing at a robust rate due to the increasing global population, rising GDP, rising vehicle ownership, and smart city trends. Market players are working on launching high-performance asphalt anti-stripping for complex issues. Companies are working to bring agents with superior anti-stripping properties and improved moisture resistance of the pavement. However, the growing trend towards cement roads is expected to hinder the growth of the market.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of asphalt anti-stripping agents. The growth and trends of Asphalt Anti-Stripping Agents Industry provide a holistic approach to this study.
Market Segmentation
This section of the asphalt anti-stripping agents market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product
- Amine Anti-stripping Agent
- Amine-free Anti-stripping Agent
By Application
- Warm Mix Asphalt
- Hot Mix Asphalt
- Cold Mix Asphalt
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Asphalt Anti-Stripping Agents market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Asphalt Anti-Stripping Agents Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the asphalt anti-stripping agents market include ArrMaz, LT Special Road, Ingevity, Cargill, DowDuPont, Evonik, Pre Tech, Arkema, Macismo, Akzo Nobel. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.