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.
The global Cold Mix Asphalt Additives market was 380 million US$ in 2018 and is expected to 520 million US$ by the end of 2025, growing at a CAGR of 3.9% between 2019 and 2025.
This report studies the Cold Mix Asphalt Additives market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Cold Mix Asphalt Additives in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Kraton Performance Polymers
By the product type, the market is primarily split into
Emulsion-based Cold Mix Asphalt Additive
Solvent-based Cold Mix Asphalt Additive
By the end users/application, this report covers the following segments
Cold Patch Stockpile Mix
Cold Mix Paving
We can also provide the customized separate regional or country-level reports, for the following regions:
Rest of Asia-Pacific
Rest of Europe
Central & South America
Rest of Central & South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global Cold Mix Asphalt Additives market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Cold Mix Asphalt Additives market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
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 project the value and volume 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.
In this study, the years considered to estimate the market size of Cold Mix Asphalt Additives are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million USD) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Cold Mix Asphalt Additives market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Raw material suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Cold Mix Asphalt Additives market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.