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Base Year: 2024
Companies covered: 10
Tables & Figures: 150
Countries covered: 23
Pages: 210
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2025, July. Asphalt Additives Market - By Product Type, Application, Technology - Global Forecast, 2025 - 2034 (Report ID: GMI14528). Global Market Insights Inc. Retrieved September 18, 2025, from https://www.gminsights.com/industry-analysis/asphalt-additives-market
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Asphalt Additives Market
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Asphalt Additives Market Size
The global asphalt additives market was valued at USD 5.4 billion in 2024. The market is expected to grow from 5.7 billion in 2025 to 8.9 billion in 2034, at a CAGR of 5%.
12%
Collective market share in 2024 is 46%
Asphalt Additives Market Trends
Asphalt Additives Market Analysis
The market by product type is segmented into polymer modifiers, anti-stripping agents, emulsifiers and surfactants, warm mix asphalt additives, rejuvenators and recycling agents, nanomaterial additives, bio-based and sustainable additives, other specialty additives. Polymer modifiers generated USD 2.1 billion in 2024.
Based on application, the asphalt additives market is segmented into road construction and paving, road maintenance and rehabilitation, airport runway construction, roofing applications, waterproofing and sealing, other applications. Road construction and paving made up 45.1% of the market in 2024.
Based on technology, the asphalt additives market is segmented into hot mix asphalt (HMA) technology, warm mix asphalt (WMA) technology, cold mix asphalt technology, half-warm mix asphalt technology, recycling technologies. Hot mix asphalt (HMA) technology leads the market in 2024 with USD 3.1 billion revenue.
U.S. market was accounted for USD 1.3 billion in 2024.
The market in the Germany is expected to experience significant and promising growth from 2025 to 2034.
The market in China is expected to experience significant and promising growth from 2025 to 2034.
UAE asphalt additives market is expected to experience significant and promising growth from 2025 to 2034.
In Brazil is expected to experience significant and promising growth from 2025 to 2034.
Asphalt Additives Market Share
Asphalt Additives Market Companies
Major players operating in the asphalt additives industry are:
Arkema develops materials to satisfy the growing demands for innovation and sustainability in response to the challenges posed by new energies and technologies, resource depletion, mobility, and urbanization.
BASF SE is a contributor to development of Chemicals, materials, solutions for industries, and nutrition & care, while the independent businesses are integrated into the different segments which are surface technologies and agricultural solutions.
DuPont de Nemours, Inc. developing high-performance solutions to improve the durability, flexibility, and environmental compatibility of asphalt mixtures. Extensive expertise in polymer development leads DuPont to the production of additive products that provide improvement against rutting and cracking as well as moisture damage, issues paramount to modern day road construction and maintenance.
Evonik Industries AG brings its advanced chemical engineering capabilities to the asphalt additives market by providing specialized products that improve performance and compatibility with various construction materials.
Collectively, these companies illustrate a collaborative approach in innovating and refining chemicals and adhesive solutions such that the widespread adoption of asphalt additives in construction can be made possible to address the issues related to material performance, compatibility, and scalability.
Asphalt Additives Industry News
The asphalt additives market research report includes an in-depth coverage of the industry with estimates and forecast in terms of revenue in USD Billion and volume in terms of Kilo tons from 2021–2034 for the following segments:
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Market, By Product Type
Market, By Application
Market, By Technology
The above information is provided for the following regions and countries: