According to our (Global Info Research) latest study, the global Asphalt Additives and Modifiers market size was valued at US$ 3750 million in 2025 and is forecast to a readjusted size of US$ 4646 million by 2032 with a CAGR of 3.1% during review period.
Asphalt additives and modifiers are substances or materials added to asphalt mixes to improve their performance, durability, and characteristics. These additives are used in the construction and maintenance of roads, highways, runways, and other paved surfaces to enhance the properties of the asphalt and make it suitable for specific applications and weather conditions. The use of additives and modifiers can lead to cost-effective and more sustainable pavement solutions.
Global key players of Asphalt Additives and Modifiers include LCY, Ingevity, Arkema, Sinopec and Kraton, etc. The top five players hold a share over30%. China is the largest market, has a share about 50%. In terms of product type, Asphalt Modifier is the largest segment, occupied for a share of about 60%, and in terms of application, Road has a share about 80 percent.
This report is a detailed and comprehensive analysis for global Asphalt Additives and Modifiers market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Asphalt Additives and Modifiers market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2021-2032
Global Asphalt Additives and Modifiers market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2021-2032
Global Asphalt Additives and Modifiers market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2021-2032
Global Asphalt Additives and Modifiers market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (US$/MT), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Asphalt Additives and Modifiers
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Asphalt Additives and Modifiers market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include LCY, Sinopec, Kraton, Dynasol, Sibur, Evonik, Arkema, Cargill, Nouryon, Ingevity, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Asphalt Additives and Modifiers market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Asphalt Modifier
Antistripping Agent
Asphalt Emulsifier
Recycled Additives
Medium Temperature Modifiers
Others
Market segment by Application
Road Paving
Asphalt Concrete Repair
Roofing
Other
Major players covered
LCY
Sinopec
Kraton
Dynasol
Sibur
Evonik
Arkema
Cargill
Nouryon
Ingevity
Kao Corporation
Sasol
BASF
Honeywell
LUCOBIT
Dow
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Asphalt Additives and Modifiers product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Asphalt Additives and Modifiers, with price, sales quantity, revenue, and global market share of Asphalt Additives and Modifiers from 2021 to 2026.
Chapter 3, the Asphalt Additives and Modifiers competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Asphalt Additives and Modifiers breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and Asphalt Additives and Modifiers market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Asphalt Additives and Modifiers.
Chapter 14 and 15, to describe Asphalt Additives and Modifiers sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Asphalt Additives and Modifiers. Industry analysis & Market Report on Asphalt Additives and Modifiers is a syndicated market report, published as Global Asphalt Additives and Modifiers Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Asphalt Additives and Modifiers market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.