Asphalt Additives Market 2023 Analysis By Size, Share, Growth, Trends Up To 2032 | Arkema SA, Arrmaz, BASF SE, Evonik Industries, Huntsman Corporation, Nouryon, Sasol Limited, Sinopec Corporation

The Business Research Company’s Asphalt Additives Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Asphalt Additives Global Market Report 2023 evaluates asphalt additives market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global asphalt additives market size grew from $3.62 billion in 2022 to $3.91 billion in 2023 at a compound annual growth rate (CAGR) of 8.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The asphalt additives market size is expected to grow to $5.57 billion in 2027 at a CAGR of 9.2%.

The asphalt additives market segments in the report are:

Asphalt Additives Market By Type:

Polymeric Modifiers

Anti-strip And Adhesion Promoters


Asphalt Additives Market By Technology:

Hot Mix

Cold Mix

Warm Mix

Top Key Players

  • Arkema SA
  • Arrmaz
  • Evonik Industries
  • Huntsman Corporation

Asia-Pacific was the largest region in the asphalt additives market in 2022.

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The table of contents in TBRC’s asphalt additives market report includes:

  1. Executive Summary
  2. Asphalt Additives Market Characteristics
  3. Asphalt Additives Market Trends And Strategies
  4. Asphalt Additives Market – Macro Economic Scenario
  5. Asphalt Additives Market Size And Growth


  1. Asphalt Additives Market Competitive Landscape And Company Profiles
  2. Key Mergers And Acquisitions In The Asphalt Additives Market
  3. Asphalt Additives Market Future Outlook and Potential Analysis
  4. Appendix

List Of Tables

Table 1: Global Historic Market Growth, 2017-2022, $ Billion

Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion

Table 3: Global Asphalt Additives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 4: Global Asphalt Additives Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 5: Global Asphalt Additives Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion


Table 46: Arkema SA Financial Performance

Table 47: Arrmaz Financial Performance

Table 48: BASF SE Financial Performance

Table 49: Evonik Industries Financial Performance

Table 50: Huntsman Corporation Financial Performance

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