North America Asphalt Additive Market Outlook

north america asphalt additive market outlook for 2018 to 2032 gives an outlook of the market and the various trends that have been observed over the years. it provides a comprehensive overview of the market and provides detailed information about market drivers, restraints, industry trends, and regional and global market dynamics. north america asphalt additive market is estimated to be the largest market due to the high use of these materials in various road construction and paving projects across the region. the market will further witness a surge in demand due to the ongoing infrastructure development in north america. growth in the asphalt additive market will also be driven by the growing demand from the sports and other surfaces applications. surging demand for asphalt additives in road construction takeover applications will also contribute significantly to the market growth. the key players in north america asphalt additive market are owens corning, cemex, lafarge north america, the dow chemical company, arrmaz custom chemical, gaf and others. these players are continuously working on product innovation by launching new additives in the market that are cost effective, high performance, and have superior adhesive properties. in recent years there has also been an increased focus on green asphalt, which uses additives as a blending component. this presents an opportunity for the leading companies to innovate and launch new products. the market will also be driven by the growing demand for asphalt emulsions in north america, as emulsions allow for easier transport and application. asphalt emulsions also provide better adhesion than other additives and decades of proven performance. overall the north america asphalt additives market is expected to experience considerable growth in the coming years. new product launches and innovations by the leading companies will further fuel the growth of this market. the increasing use of additives in road construction and in other sports surfaces will continue to drive the growth of this market.