아시아태평양의 아스팔트 첨가제 시장 전망(-2030년) : 지역별 분석 - 유형별, 용도별

The Asia Pacific bitumen additives market was valued at US$ 1,767.58 million in 2022 and is expected to reach US$ 2,931.04 million by 2030; it is estimated to register a CAGR of 6.5% from 2022 to 2030.

Strategic Product Innovations and Research by Key Market Players Boost Asia Pacific Bitumen Additives Market

Bitumen additives manufacturers are investing significantly in strategic development initiatives such as product innovation, mergers & acquisitions, and business expansion to attract a wide customer base and enhance their market position. In 2020, BASF SE launched a bitumen additive, B2Last, that provides service life extension by up to 50%. B2Last binds constituents in the bitumen to form a strong and elastic polymer grid. Major manufacturers and researchers are adopting strategies such as research and development to serve the customer demand and satisfy their growing demands. In 2023, a researcher from Sarsam and Associates Consult Bureau (Iraq) reviewed the utilization of micro-sized fly ash and nano-sized silica fumes to extend the fatigue life of the pavement. In 2022, SoyLei Innovations aimed at developing a rejuvenator product, a compound made of soybean oil that can be mixed with recycled asphalt. In 2022, Aggregate Industries launched Foamix, a cold-mix asphalt containing 92% recycled materials and 85% reclaimed asphalt pavement. Thus, rising strategic product innovations and research by key market players are expected to create lucrative opportunities for the bitumen additives market over the coming years.

Asia Pacific Bitumen Additives Market Overview

As per International Trade Administration, total investment in China's infrastructure during the 14th Five-Year Plan period (2021-2025) is estimated to reach ~US$ 4.2 trillion. In 2022, the National Development and Reform Commission (NDRC) and the Ministry of Transport (China) unveiled the National Highway Network Planning document, aimed at the construction of a functional, efficient, green, intelligent, and safe modern highway network by 2035. The plan also encompassed the construction of a 461,000 km highway, which includes 162,000 km of expressways. According to the National Bureau of Statistics, China increased its fixed asset investment to US$ 8.5 trillion in 2022, driving investment in infrastructure development. In 2021, Shell Singapore and United E&P Pte Ltd signed a non-binding Memorandum of Understanding (MOU) for the development of a strategic alliance to construct sustainable roads in Singapore.

In 2022, Obayashi Corporation, a Japanese construction company, began testing the new system of road infrastructure at the Technical Research Center (Tokyo) in collaboration with various partners from the construction industry. Therefore, the growing construction industry and research and development pertaining to road infrastructure in Asia Pacific are projected to boost the demand for bitumen additives during the forecast period.

Asia Pacific Bitumen Additives Market Revenue and Forecast to 2030 (US$ Million)

Asia Pacific Bitumen Additives Market Segmentation

The Asia Pacific bitumen additives market is categorized into type, application, and country.

Based on type, the Asia Pacific bitumen additives market is segmented into polymeric modifiers, adhesion promoters / anti-strip agents, chemical modifiers, antioxidants, fibers, fillers, emulsifiers, and others. The polymeric modifiers segment held the largest market share in 2022.

In terms of application, the Asia Pacific bitumen additives market is segmented into road construction, roofing, paints & coatings, and others. The road construction held the largest market share in 2022.

By country, the Asia Pacific bitumen additives market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Asia Pacific. The Rest of Asia Pacific dominated the Asia Pacific bitumen additives market share in 2022.

Arkema SA, BASF SE, Dow Inc, Honeywell International Inc, Huntsman International LLC, Ingevity Corp, Kao Corp, Kraton Corp, and Nouryon Chemicals Holding BV are some of the leading companies operating in the Asia Pacific bitumen additives market.

Table Of Contents

1. Introduction

• 1.1 The Insight Partners Research Report Guidance
• 1.2 Market Segmentation

2. Executive Summary

• 2.1 Key Market Insights
• 2.2 Market Attractiveness

3. Research Methodology

• 3.1 Coverage
• 3.2 Secondary Research
• 3.3 Primary Research
• 3.4 Limitations and Assumptions

4. Asia Pacific Bitumen Additives Market Landscape

• 4.1 Overview
• 4.2 Porter's Five Forces Analysis
  • 4.2.1 Bargaining Power of Suppliers
  • 4.2.2 Bargaining Power of Buyers
  • 4.2.3 Threat of New Entrants
  • 4.2.4 Intensity of Competitive Rivalry
  • 4.2.5 Threat of Substitutes
• 4.3 Ecosystem Analysis
  • 4.3.1 Raw Material Suppliers
  • 4.3.2 Bitumen Additives Manufacturers
  • 4.3.3 Distributors/Suppliers
  • 4.3.4 End Users
• 4.4 List of Vendors

5. Asia Pacific Bitumen Additives Market - Key Industry Dynamics

• 5.1 Market Drivers
  • 5.1.1 Sustainability Offered by Bitumen Additives
  • 5.1.2 Rising Government Initiatives for Infrastructure Development
• 5.2 Market Restraints
  • 5.2.1 Fluctuations in Raw Material Prices
• 5.3 Market Opportunities
  • 5.3.1 Strategic Product Innovations and Research by Key Market Players
• 5.4 Future Trends
  • 5.4.1 Development of Sustainable Bitumen Additives
• 5.5 Impact of Drivers and Restraints:

6. Bitumen Additives Market - Asia Pacific Analysis

• 6.1 Asia Pacific Bitumen Additives Market Volume (Kilo Tons), 2020 - 2030
• 6.2 Asia Pacific Bitumen Additives Market Revenue (US$ Million), 2020 - 2030
• 6.3 Asia Pacific Bitumen Additives Market Forecast and Analysis

7. Asia Pacific Bitumen Additives Market Analysis - Type

• 7.1 Polymeric Modifiers
  • 7.1.1 Overview
  • 7.1.2 Polymeric Modifiers Market Revenue and Forecast to 2030 (US$ Million)
  • 7.1.3 Polymeric Modifiers Market Volume and Forecast to 2030 (Kilo Tons)
• 7.2 Adhesion Promoters / Anti-Strip Agents
  • 7.2.1 Overview
  • 7.2.2 Adhesion Promoters / Anti-Strip Agents Market Revenue and Forecast to 2030 (US$ Million)
  • 7.2.3 Adhesion Promoters / Anti-Strip Agents Market Volume and Forecast to 2030 (Kilo Tons)
• 7.3 Chemical Modifiers
  • 7.3.1 Overview
  • 7.3.2 Chemical Modifiers Market Revenue and Forecast to 2030 (US$ Million)
  • 7.3.3 Chemical Modifiers Market Volume and Forecast to 2030 (Kilo Tons)
• 7.4 Antioxidants
  • 7.4.1 Overview
  • 7.4.2 Antioxidants Market Revenue and Forecast to 2030 (US$ Million)
  • 7.4.3 Antioxidants Market Volume and Forecast to 2030 (Kilo Tons)
• 7.5 Fibers
  • 7.5.1 Overview
  • 7.5.2 Fibers Market Revenue and Forecast to 2030 (US$ Million)
  • 7.5.3 Fibers Market Volume and Forecast to 2030 (Kilo Tons)
• 7.6 Fillers
  • 7.6.1 Overview
  • 7.6.2 Fillers Market Revenue and Forecast to 2030 (US$ Million)
  • 7.6.3 Fillers Market Volume and Forecast to 2030 (Kilo Tons)
• 7.7 Emulsifiers
  • 7.7.1 Overview
  • 7.7.2 Emulsifiers Market Revenue and Forecast to 2030 (US$ Million)
  • 7.7.3 Emulsifiers Market Volume and Forecast to 2030 (Kilo Tons)
• 7.8 Others
  • 7.8.1 Overview
  • 7.8.2 Others Market Revenue and Forecast to 2030 (US$ Million)
  • 7.8.3 Others Market Volume and Forecast to 2030 (Kilo Tons)

8. Asia Pacific Bitumen Additives Market Analysis - Application

• 8.1 Road Construction
  • 8.1.1 Overview
  • 8.1.2 Road Construction Market Revenue, and Forecast to 2030 (US$ Million)
• 8.2 Roofing
  • 8.2.1 Overview
  • 8.2.2 Roofing Market Revenue, and Forecast to 2030 (US$ Million)
• 8.3 Paints & Coatings
  • 8.3.1 Overview
  • 8.3.2 Paints & Coatings Market Revenue, and Forecast to 2030 (US$ Million)
• 8.4 Others
  • 8.4.1 Overview
  • 8.4.2 Others Market Revenue, and Forecast to 2030 (US$ Million)

9. Asia Pacific Bitumen Additives Market - Country Analysis

• 9.1 Asia Pacific Bitumen Additives Market
  • 9.1.1 Asia Pacific Bitumen Additives Market Breakdown by Country
    • 9.1.1.1 Asia Pacific Bitumen Additives Market Breakdown by Country
    • 9.1.1.2 Australia Bitumen Additives Market Revenue and Forecasts to 2030 (US$ Million)
    • 9.1.1.3 Australia Bitumen Additives Market Volume and Forecasts to 2030 (Kilo Tons)
      • 9.1.1.3.1 Australia Bitumen Additives Market Breakdown by Type
      • 9.1.1.3.2 Australia Bitumen Additives Market Breakdown by Application
    • 9.1.1.4 China Bitumen Additives Market Revenue and Forecasts to 2030 (US$ Million)
    • 9.1.1.5 China Bitumen Additives Market Volume and Forecasts to 2030 (Kilo Tons)
      • 9.1.1.5.1 China Bitumen Additives Market Breakdown by Type
      • 9.1.1.5.2 China Bitumen Additives Market Breakdown by Application
    • 9.1.1.6 India Bitumen Additives Market Revenue and Forecasts to 2030 (US$ Million)
    • 9.1.1.7 India Bitumen Additives Market Volume and Forecasts to 2030 (Kilo Tons)
      • 9.1.1.7.1 India Bitumen Additives Market Breakdown by Type
      • 9.1.1.7.2 India Bitumen Additives Market Breakdown by Application
    • 9.1.1.8 Japan Bitumen Additives Market Revenue and Forecasts to 2030 (US$ Million)
    • 9.1.1.9 Japan Bitumen Additives Market Volume and Forecasts to 2030 (Kilo Tons)
      • 9.1.1.9.1 Japan Bitumen Additives Market Breakdown by Type
      • 9.1.1.9.2 Japan Bitumen Additives Market Breakdown by Application
    • 9.1.1.10 South Korea Bitumen Additives Market Revenue and Forecasts to 2030 (US$ Million)
    • 9.1.1.11 South Korea Bitumen Additives Market Volume and Forecasts to 2030 (Kilo Tons)
      • 9.1.1.11.1 South Korea Bitumen Additives Market Breakdown by Type
      • 9.1.1.11.2 South Korea Bitumen Additives Market Breakdown by Application
    • 9.1.1.12 Rest of Asia Pacific Bitumen Additives Market Revenue and Forecasts to 2030 (US$ Million)
    • 9.1.1.13 Rest of Asia Pacific Bitumen Additives Market Volume and Forecasts to 2030 (Kilo Tons)
      • 9.1.1.13.1 Rest of Asia Pacific Bitumen Additives Market Breakdown by Type
      • 9.1.1.13.2 Rest of Asia Pacific Bitumen Additives Market Breakdown by Application

10. Competitive Landscape

• 10.1 Heat Map Analysis- By Key Players
• 10.2 Company Positioning & Concentration

11. Bitumen Market Industry Landscape

• 11.1 Overview
• 11.2 Merger and Acquisitions
• 11.3 Product Launch

12. Company Profiles

• 12.1 Nouryon Chemicals Holding BV
  • 12.1.1 Key Facts
  • 12.1.2 Business Description
  • 12.1.3 Products and Services
  • 12.1.4 Financial Overview
  • 12.1.5 SWOT Analysis
  • 12.1.6 Key Developments
• 12.2 Ingevity Corp
  • 12.2.1 Key Facts
  • 12.2.2 Business Description
  • 12.2.3 Products and Services
  • 12.2.4 Financial Overview
  • 12.2.5 SWOT Analysis
  • 12.2.6 Key Developments
• 12.3 Kraton Corp
  • 12.3.1 Key Facts
  • 12.3.2 Business Description
  • 12.3.3 Products and Services
  • 12.3.4 Financial Overview
  • 12.3.5 SWOT Analysis
  • 12.3.6 Key Developments
• 12.4 Arkema SA
  • 12.4.1 Key Facts
  • 12.4.2 Business Description
  • 12.4.3 Products and Services
  • 12.4.4 Financial Overview
  • 12.4.5 SWOT Analysis
  • 12.4.6 Key Developments
• 12.5 Dow Inc
  • 12.5.1 Key Facts
  • 12.5.2 Business Description
  • 12.5.3 Products and Services
  • 12.5.4 Financial Overview
  • 12.5.5 SWOT Analysis
  • 12.5.6 Key Developments
• 12.6 Honeywell International Inc
  • 12.6.1 Key Facts
  • 12.6.2 Business Description
  • 12.6.3 Products and Services
  • 12.6.4 Financial Overview
  • 12.6.5 SWOT Analysis
  • 12.6.6 Key Developments
• 12.7 Huntsman International LLC
  • 12.7.1 Key Facts
  • 12.7.2 Business Description
  • 12.7.3 Products and Services
  • 12.7.4 Financial Overview
  • 12.7.5 SWOT Analysis
  • 12.7.6 Key Developments
• 12.8 BASF SE
  • 12.8.1 Key Facts
  • 12.8.2 Business Description
  • 12.8.3 Products and Services
  • 12.8.4 Financial Overview
  • 12.8.5 SWOT Analysis
  • 12.8.6 Key Developments
• 12.9 Kao Corp
  • 12.9.1 Key Facts
  • 12.9.2 Business Description
  • 12.9.3 Products and Services
  • 12.9.4 Financial Overview
  • 12.9.5 SWOT Analysis
  • 12.9.6 Key Developments

13. Appendix