For production of cold asphalt mixes for road repairs, Cold Mix Asphalt Additives make anti-sticking film surrounding bitumen coated aggregate, they can make the asphalt be used at (0–30 °C). Composed of a variety of polymers, at room temperature was liquid, with a slight irritating odor, flash point 290 ℃, freezing point -5 ℃, stable nature.
The global Cold Mix Asphalt Additives production market was 96 K MT in 2016 and is expected to grow at a CAGR of 4.23%from 2013 to 2023. The technical barriers of Cold Mix Asphalt Additives are relatively high, resulting in high level concentration degree. The manufacturing bases scatter around the world, mainly concentrating in Korea, China, Northeast Asia and USA. The key companies in Cold Mix Asphalt Additives market include. Dow, ArrMaz, Colasphalt, Evonik, Arkema Group. In 2016, the demand for Cold Mix Asphalt Additives in all regions is leveling off. The demand for these products will grow steadily.
Cold Mix Asphalt Additives are widely used in roads, pavements, airfields, and parking lots made of asphalt and others. In 2016, Emulsion-based Cold Mix Asphalt Additive consumption occupy more than 65% of total amount. In recent years, Europe has become the largest world market for Cold Mix Asphalt Additives, surpassing North America and China. North America is the leading footwear producer in the world, followed by Europe. Therefore, increasing demand for Cold Mix Asphalt Additives is expected to support the growth over forecast period. Cold Mix Asphalt Additives industry will usher in a stable growth space.
In the past few years, the price of Cold Mix Asphalt Additives decreased and we expect the price has pressure to increase in short time with new capacity released. However, the improvement of energy, transportation costs, employee wages, and equipment depreciation will play a significant role in promoting the cost of Cold Mix Asphalt Additives. Therefore, to some extent, the companies face the risk of profit decline.
There are companies adding new capacities and aiming at the cost and quality leadership which shall improve profitability. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs, improve quality and performance for Cold Mix Asphalt Additives product application. The competition in Cold Mix Asphalt Additives market will become more intense.
According to this study, over the next five years the Cold Mix Asphalt Additives market will register a 4.0% CAGR in terms of revenue, the global market size will reach US$ 480 million by 2024, from US$ 380 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Cold Mix Asphalt Additives business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Cold Mix Asphalt Additives market by product type, application, key manufacturers and key regions and countries.
This study considers the Cold Mix Asphalt Additives value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Emulsion-based Cold Mix Asphalt Additive
Solvent-based Cold Mix Asphalt Additive
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Cold Patch Stockpile Mix
Cold Mix Paving
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Dow
ArrMaz
Evonik
Arkema Group
Engineered Additives
Kraton Performance Polymers
Kao Chemicals
Akzo Nobel
Huntsman
Sinopec
Jiangsu Jinyang
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Cold Mix Asphalt Additives consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Cold Mix Asphalt Additives market by identifying its various subsegments.
Focuses on the key global Cold Mix Asphalt Additives manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Cold Mix Asphalt Additives with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Cold Mix Asphalt Additives submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Cold Mix Asphalt Additives . Industry analysis & Market Report on Cold Mix Asphalt Additives is a syndicated market report, published as Global Cold Mix Asphalt Additives Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Cold Mix Asphalt Additives market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.