Description
The Asphalt modifier can be specified as materials which are being mixed in asphalt cement to make some modification in the properties of asphalt cement to meet specifications.It is basically an additive material to the asphalt cement. Asphalt modifiers are used to achieve modifications such as lower, higher stiffness at high temperatures, Required level of viscosity in the cement, increased adhesion. It finds its use majorly in the construction industry, in repairing or constructing new structures
Market Dynamics:
The Asphalt modifiermarket is expected to grow at a rapid rate in the coming years. The market is expected to grow at an annual CAGR of XX.XX%. This growth can be attributed to the increase in the requirement of roads and pavements. It can also be attributed to the requirement of different properties in asphalt cement which cannot be attained without adding additives. And also Mix asphalt which is expected to replace the traditional cement would also drive the Asphalt modifier market in the positive direction.
On the other side of the coin, the reasons which could slow down the growth in the Asphalt modifier marketis the economic slowdown which has effected the construction industry very heavily worldwide, and also the health hazards which are expected to effect when asphalt cement is being used.
Market Segmentation:
The market for Asphalt modifiermarket can be segmented based on the type, application, end user.On the basis of type, the Asphalt modifiermarket can be segmented into physical modifiers, chemical modifiers, fibers, adhesion improvers, extenders, fillers, antioxidants, anti-strip modifiers and others. On the basis of Applications, the market for Asphalt modifiermarket can be segmentedinto Paving, Roofing and others.
Geography:
The market for Asphalt modifierbased on geographies can be categorized intoNorth America, Europe, Asia-Pacific, South America, Middle East and Africa. The highest market for Asphalt modifier market is considered to be the Asia-Pacific region. This can be attributed to the drastic increase in the construction sector in countries like India and China. And also the government investment into construction in these countries had also been one of the reason for Asia-Pacific region having the highest market share.
Key Players:
The Key players in theAsphalt modifierndustry are Akzo Nobel, Arkema, BASF SE, DuPont, ExxonMobil Corp., Honeywell International, Kao Corporation, The Dow Chemical Company
- Market segments
- Market Drivers, Restraints and Opportunities
- Market Size & Forecast 2016 to 2022
- Supply & Demand Value Chain
- Market – Current Trends
- Competition & Major Companies
- Technology and R&D Status
- Porters Five Force Analysis
- Strategic and Critical Success Factor Analysis of Key Players
- North America
- US and Canada
- Latin America
- Mexico, Brazil, Argentina and Rest of Latin America
- Western Europe
- EU5 (Germany, France, Italy, Spain, U.K.)
- Nordic Countries (Denmark, Finland, Norway, and Sweden)
- Benelux (Belgium, The Netherlands, and Luxembourg)
- Rest of Western Europe
- Eastern Europe
- Russia
- Poland
- Rest of Eastern Europe
- Asia Pacific
- China
- India
- Japan
- Australia and New Zealand
- Rest of Asia Pacific
- Middle East and Africa
- GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
- South Africa
- North Africa
- Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
- Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
- Consumer and Pricing Analysis
- Market dynamics of the industry
- Market Segmentation
- Estimated Market Sizing in terms of volume and value
- Recent trends in Market and impact
- Research Status and Technology Overview
- Extensive Industry Structure Coverage
