Zion Market Research Global Asphalt Additives Market, 2016–2024 | Page 4
Asphalt Additives Market
Global Asphalt Additives Market: Regional Analysis
Asia-Pacific dominates the global asphalt additives market due to the rising demand for asphalt
additives in the emerging regions such as India and China. In Asia-Pacific region, China leads
the global market. The growing technological innovations and the collaboration of a number of
industries are the major factors driving the growth of the global market in the Asia-Pacific
regions. The huge investment by the governments of the countries such as Indonesia, China,
Malaysia, and India in the Asia-Pacific regions for the infrastructure development is expected to
fuel the growth of the global market.
Global Asphalt Additives Market: Competitive Players
The major players in the global asphalt additives market include Honeywell International Inc.,
AkzoNobel NV, Huntsman Corporation, The Dow Chemical Company, Arrmaz, E. I. du Ponte de
Nemours and Company, Kraton Corporation, Ingevity Corporation, Sasol Limited, Arkema SA,
and Evonik Industries. The global market is diversified by the contribution of the raw materials
suppliers, end-users, vendors, and government organizations.