Asphalt Additive Market is Thriving with Rising Latest Trends by 2026
The asphalt additive market is projected to grow from USD 3.4 billion in 2021 to USD 4.7 billion by 2026, at a CAGR of 6.8% from 2021 to 2026. Increase in road construction projects along with the growing usage of asphalt additives in roofing application are some of the major key factors driving the growth of the asphalt additive market across the globe.
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Asphalt...
Road construction and paving application is expected to lead the asphalt additives market
The asphalt additive market is projected to grow from USD 3.6 billion in 2019 to USD 6.3 billion by 2029, at a CAGR of 5.7% from 2019 to 2029. Increase in infrastructure development and road construction projects is one of the key factors driving the growth of the asphalt additive market across the globe.
Governments of countries such as, China, India, Malaysia, and Indonesia in the Asia...
New Product Developments, Acquisitions, and Collaboration to Enhance their Position in the Asphalt Additive Market
The asphalt additive market is projected to grow from USD 3.6 billion in 2019 to USD 4.6 billion by 2024, at a CAGR of 5.1% from 2019 to 2024. An increase in infrastructure development and road construction projects is one of the key factors driving the growth of the asphalt additive market across the globe.
Nouryon (Netherlands), DowDuPont (US), Arkema SA (France), Honeywell International...