Asphalt Additives Market - Top Companies and Manufacturers

Companies Dominating the Asphalt Additives Landscape

The major players in the asphalt additives market are offering a detailed portfolio of demand for asphalt and its derivates. These companies are developing and delivering high-quality asphalt and derived products which are used in road construction.

ARKEMA Group

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Akzo Nobel N.V.
Evonik Industries AG
Honeywell International Inc.
Huntsman International LLC
Ingevity
KAO Corporation
Nouryon
SASOL
Tri-Chem Specialty Chemicals, LLC

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Asphalt Additives Market Size & Share | Global Forecast Report 2037

In the News

Sasol partnered to explore potential projects for Sasol's Sustainability Center in Lake Charles, Louisiana. The partnership aims to identify sustainable initiatives and innovative solutions that are in line with Sasol's commitment to environmental and social responsibility. Through this collaboration, Sasol aims to have a positive impact on the community and environment while advancing sustainability goals at its Lake Charles facility.

Evonik Industries AG has started offering carbon-neutral hydrogen peroxide to customers in Europe. This hydrogen peroxide helps customers reduce Scope 3 emissions in their value chain. In return, the purchase of these certificates supports the ongoing sustainable transformation of Evonik’s peroxide production.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of asphalt additives is assessed at USD 4.58 billion.

The asphalt additives market size was valued at USD 4.32 billion in 2024 and is expected to reach USD 11.06 billion by 2037, registering around 7.5% CAGR during the forecast period i.e., between 2025-2037. Due to rapid urbanization, demand for bio-based additives is growing progressively as these materials promote sustainability by reducing the use of natural resources, driving the market growth.

Asia Pacific industry is predicted to dominate majority revenue share of 33% by 2037, due to rising substantial investments in infrastructural development and growing urbanization in the region.

The major players in the market are ARKEMA Group, Akzo Nobel N.V., Evonik Industries AG, Honeywell International Inc., Huntsman International LLC, Ingevity, KAO Corporation, Nouryon, SASOL, Tri-Chem Specialty Chemicals, LLC, and others.

Asphalt Additives Market - Top Companies and Manufacturers

Companies Dominating the Asphalt Additives Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How much is the asphalt additives market worth?

Why is the demand for asphalt additives growing?

Which region dominated the majority of asphalt additives industry share?

Who are the top asphalt additives companies?