Asphalt Anti-Stripping Agents Market Analysis & Forecast 2024-2030

Global Asphalt Anti-Stripping Agents Market is expected to reach USD 377.76 million by 2030 with CAGR of 6.2% between 2024 and 2030

Overview

Asphalt Anti-stripping agents are the chemical composite, that provide least stripping of bonds between the aggregate surface and the bitumen. The stripping is associated to water which gets between the bitumen film and the aggregate surface. The aggregate surface is having greater attraction to water than for bitumen owing to hydrophilic nature of aggregate. Primarily Asphalt Anti-Stripping Agents are use due to long lasting asphalt pavement and enhance tensile strength saving in maintenance and restoration cost from base course to surface mixes in literature.  

Product Types & Competitive Analysis

Fatty Amino, Immidazoline, Fatty Amines and Tallow Diamine are primary product types included in the research study. Fatty Amino based Anti-Stripping Agents segment holds highest market share of 35% in 2019 followed by Immidazoline and Fatty Amines. Massive transformation in infrastructure especially in developing countries along with advancement in chemical industry propelling fuel in growth of Global Asphalt Anti-Stripping Agents Market. Since 2015 manufacturing techniques has been advanced magnificently resulting in impressive growth.  

Competitive analysis included in research study helps users to understand market positioning and marketing strategies of key players. Asphalt Anti-Stripping Agents Market is becoming highly competitive due to emergence new market players especially in Asia Pacific region. Despite of high entry barrier competitive edge in Asphalt Anti-Stripping Agents Market is growing primarily due to massive demand. Major manufacturers are constantly developing advance, cost-effective, quality product to attract more consumers and increase market share.  

Application & Regional analysis

The applications of asphalt anti-stripping agents are into Road construction, Bridges and airport construction. Majority of market revenue is generated through sale in road construction. In recent times anti-stripping agents usage in Airport Construction has risen significantly and estimated to show highest growth rate in upcoming years. Application in bridges holds little significance and expected to show slow growth rate during forecasted period.  

Geographical analysis of research study is based on analysis of Market insight in North America, Europe, Asia Pacific, Middle East, South America, and Africa & Rest of the World. Asia regions lead the market with almost 48 % of revenue generated from region in 2019. Asia market is mature and still expected to show significant growth in upcoming years. North America is emerged as one of fastest growing market especially due to airport and roads. South America and Middle East also estimated to show high growth rate during forecasted period. Oceania Market estimated to grow at 6.5 % CAGR between 2024 to 2030.  

Research study has extensively worked on supply-demand analysis which has become important parameter in Chemical industry. Supplier analysis helps to understand supply- demand scenario that certainly helps designed better manufacturing process. Analytical tools used while developing research studies include Porter's 5 Forces model, PESTEL analysis, SWOT analysis, market sizing. Opportunities and threat analysis have gained significant importance in recent years primarily due to dynamic nature of Chemical industry.  

Asphalt Anti-Stripping Agents Market: Product Types

• Fatty Amino
• Immidazoline
• Fatty Amines
• Tallow Diamine

Asphalt Anti-Stripping Agents Market: Applications

• Road Construction
• Bridges
• Airport Construction

Asphalt Anti-Stripping Agents Market: Competitive Analysis

Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study constitutes of following key players in Asphalt Anti-Stripping Agents Market 2020:

• Akzonobel NV
• Dupont
• Arkema SA
• Honeywell International Inc.
• Evonik Industries
• Kraton Corporation
• Huntsman Corporation
• Sasol Limited
• Ingevity Corporation
• Arrmaz
• DOW Chemical Company

Geographical analysis of Asphalt Anti-Stripping Agents Market:

• North America
  • U.S.A
  • Canada
  • Mexico
  • Rest of NA
• Europe
  • France
  • Germany
  • UK
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Singapore
  • Rest of APAC
• Latin America
• Middle East
• Africa
• Rest of World

Global Asphalt Anti-Stripping Agents Market Report delivers a comprehensive analysis of the following parameters:

• Market Forecast for 2024-2030
• Market growth drivers
• Challenges and Opportunities
• Emerging and Current market trends
• Market player Capacity, Production, Revenue (Value)
• Supply (Production), Consumption, Export, Import analysis
• End user/application Analysis

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