#Asphalt Additives Market Revenue
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ASPHALT OVERLAYS CAN SAVE YOU THOUSANDS OF DOLLARS
9/28/23.
Maintaining the integrity of your property's pavement is essential to avoiding costly repairs in the long run. One effective method to extend the lifespan of your asphalt pavement while keeping costs in check is through asphalt overlays. This proactive approach can save you thousands of dollars and enhance the aesthetics and functionality of your property's pavement.
Understanding Asphalt Overlays
An asphalt overlay involves the application of a new layer of asphalt over an existing pavement surface. This technique is typically used when the underlying pavement is structurally sound but shows signs of surface distress such as cracking, minor potholes, and general wear and tear. By adding this new layer, you effectively rejuvenate the surface and provide an additional protective barrier against the elements.
Cost-Effective Solution
Opting for an asphalt overlay can save you a significant amount of money compared to more extensive reconstruction methods. Here's how:
Reduced Material Costs: Overlays require less asphalt than full reconstruction since the underlying base is still in good condition. This reduction in material translates to immediate cost savings.
Labor Savings: The process of installing an overlay is less labor-intensive compared to complete pavement replacement. This leads to lower labor costs, contributing to overall savings.
Minimal Disruption: An overlay project typically takes less time to complete compared to full reconstruction. This reduces the inconvenience caused to your customers, tenants, or employees, minimizing any potential loss of revenue during construction.
Avoiding Additional Expenses: If neglected, minor cracks and surface distress can escalate into major issues that require extensive repairs or even complete replacement. By addressing these issues with overlays, you prevent the need for more expensive repairs down the line.
Improved Drainage: Proper water drainage is vital to the longevity of asphalt pavement. An overlay can correct minor drainage issues, preventing further damage that might necessitate costly repairs.
Long-Term Benefits
Extended Pavement Life: Asphalt overlays can add several years to the lifespan of your pavement. This extension means fewer disruptions, less frequent maintenance, and long-term cost savings.
Enhanced Aesthetics: An overlay can give your pavement a fresh, clean appearance, enhancing the curb appeal of your property and creating a positive impression on visitors or customers.
Increased Property Value: Well-maintained pavement contributes to the overall value of your property. By investing in an overlay, you're not only saving money on repairs but also boosting your property's market value.
Sustainability: Choosing an overlay over full reconstruction is environmentally friendly. It reduces the amount of construction waste generated and lowers the demand for new raw materials.
In the world of pavement maintenance, asphalt overlays stand out as a cost-effective, efficient, and environmentally responsible solution. By addressing surface distress promptly, you can extend the life of your asphalt pavement, improve its appearance, and increase its overall value. Embracing asphalt overlays is a smart investment that can save you thousands of dollars in the long run while ensuring the longevity and functionality of your property's pavement.
Call Duane Bradley (303) 947-7484
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Heat Transfer Fluids Market - Forecast(2024 - 2030)
Heat Transfer Fluid Market Overview
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With growing environmental concerns and stringent regulations, there’s a notable trend towards using sustainable Heat Transfer fluids. These fluids are formulated to have lower environmental impact, reduced toxicity, and improved biodegradability compared to traditional options. Manufacturers are investing in research and development to create bio-based and synthetic Heat Transfer fluids that offer high performance while minimizing harm to the environment. This trend is driven by the need to align with sustainability goals and cater to environmentally conscious industries. Another significant trend in the Heat Transfer fluid market is the increasing demand for fluids capable of operating at high temperatures. Industries such as chemical processing, oil and gas, and food processing require Heat Transfer fluids that can withstand extreme temperatures while maintaining thermal stability and efficiency. This trend is fueled by the need for enhanced productivity, energy efficiency, and operational reliability in processes involving high heat. Manufacturers are innovating to develop advanced formulations that can meet the stringent requirements of these applications, driving growth in the high-temperature Heat Transfer fluid segment.
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Market Snapshot:
COVID-19 Impact
The pandemic disrupted supply chains worldwide, leading to delays in raw material procurement and equipment manufacturing. This caused temporary disruptions in the availability of Heat Transfer fluids and related equipment, affecting the market’s growth momentum. During the initial phases of the pandemic, many industries scaled back or suspended operations to comply with lockdown measures and ensure employee safety. This led to a reduction in demand for Heat Transfer fluids across various sectors such as manufacturing, automotive, and construction, impacting market revenues.
However, the pandemic also prompted heightened awareness of hygiene and safety measures in industrial settings. As a result, there has been increased interest in cleaner and safer heat transfer solutions, such as non-toxic and biodegradable Heat Transfer fluids, which offer improved workplace safety and environmental sustainability.
Report Coverage
The “Heat Transfer Fluid Market report — Forecast (2024–2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the Heat Transfer Fluid Market. By Type: Mineral oils, Silicone & Aromatics, PAG & Glycol-based Fluids and Others By Application: Oil & Gas, Chemical, Concentrated Solar Power, Manufacturing Process, Pharmaceuticals, Biodiesel Production and Others. By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and New Zealand, Indonesia, Taiwan, Malaysia, and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), and Rest of the World (Middle East, and Africa).
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Key Takeaways
Dynamic growth in the food & beverage industry would raise the market for thermal fluids worldwide due to population growth and improving living standards across the globe. In the food & beverage business, there are many processes that involve thermal fluids for cooling, heating and dehumidifying.
Rising shale oil & gas production in the U.S. has moved the tag from net importer to net exporter. In addition, the new administration’s regulatory decisions would improve the oil & gas sector and enable the chemical industry to expand as well. The above developments will follow and will give the thermal fluids industry a boost in the future.
Thermal fluids are used by the oil and gas industry to efficiently carry out services such as oil and gas refining, natural gas purification, asphalt processing and storage, etc.
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Heat Transfer Fluid Market Segment Analysis — By Type
Silicone & Aromatics sector has dominated the market for Heat Transfer Fluid Market in 2023. Synthetic thermal fluids are known as silicone and aromatic fluids, whereas mineral oil thermal fluids are non-synthetic thermal fluids. Fluids based on silicone have lower maintenance costs as they do not fail, resulting in fewer substitutes. They have low viscosity as well which makes them superior properties for heat transfer. In technological applications such as chemical manufacturing, pharmaceutical processing, oil & gas processing and in CSP plants, these types of thermal fluids are commonly employed.
Heat Transfer Fluid Market Segment Analysis — By Application
Oil & Gas sector has dominated the market for Heat Transfer Fluid Market in 2023, by growing at a CAGR of 5.98%. In the oil and gas sector, the widespread use of thermal fluids is increasingly growing to satisfy the increasing demand for electricity. Major activities are carried out by the oil and gas industry, such as the processing of oil and gas, the purification of natural gas, refining, liquid gas, asphalt processing and storage, etc., using thermal fluids. The world’s regular interest in raw petroleum (counting biofuels) is on the rise. 101.7 million barrels a day was consumed by the end of 2023. The prospectus for the potential growth of the oil and gas sector proposes that oil discovery continue to expand the use of thermal fluids in the long run, and at the same time. In addition, per unit of crude, further penetration must be achieved, as hydrocarbon discoveries get less effective over time.
Heat Transfer Fluid Market Segment Analysis — By Geography
Rest of the World dominated the Heat Transfer Fluid Market share with more than 43.5%, followed by Europe and North America. Due to the involvement of the world’s largest oil-producing countries such as Saudi Arabia, Iran, Iraq, Kuwait, and the United Arab Emirates, the Middle Eastern field holds a large share of the thermal fluid market worldwide. It has been assessed that the bulk of OPEC’s overall oil reserves are owned by Middle Eastern countries. The region’s proven oil reserves are estimated at around 113.2 billion metric tonnes. In addition, it is projected that about 33 percent of the world’s overall oil supply is produced in the Middle East, which was about 33 million barrels of oil per day in 2023. It is estimated that global oil demand is about 99 million barrels a day. This will fuel the market of the Middle Eastern nations’ oil and gas sector, and hence the use of thermal fluid in the industry. Rising demand from different sectors is therefore projected to drive the market in the area analysed during the forecast period.
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Heat Transfer Fluid Market Drivers
Increasing need for energy conservation:
Because of energy shortages and environmental protection laws, the need for energy efficiency is growing tremendously. This has contributed to the adoption, such as heat exchangers and heat pumps, of energy transfer machines. Managing heat in industrial and residential applications is very critical for the efficient use of electricity. Thermal fluid can play a critical role in delivering reliable solutions in diverse applications to use heat in a more effective way.
Government Regulations regarding emissions and energy efficiency:
Stringent regulations regarding emissions and energy efficiency standards imposed by governments worldwide are compelling industries to adopt Heat Transfer fluid systems to comply with these regulations. This regulatory environment acts as a catalyst for the growth of the Heat Transfer fluid market, as companies seek compliant solutions to avoid penalties and maintain their competitive edge in the market.
Heat Transfer Fluid Market Challenges
Volatility in raw material prices:
One of the main problems for producers is uncertainty in the price of raw materials for thermal fluids. The increase or decrease in the price of crude oil has a direct influence on the price movement of the raw materials needed for thermal fluid. Manufacturers have to contend with high and unpredictable prices of raw materials that lower their profit margins. In order to maintain growth and preserve market share, this situation has pushed market leaders to increase their operations’ performance and competitiveness.
Thermal Fluid Industry Outlook
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Heat Transfer Fluid Market. The key companies in the Heat Transfer Fluid Market are
Dow Chemical Company
Aramco (Valvoline Inc.)
Exxon Mobil
Eastman Chemical Company (Solutia Inc.)
British Petroleum (BP)
Royal Dutch Shell
Hindustan Petroleum
BASF AG
Dynalene Inc.
Multitherm LLC
Recent Developments
In September 2023, Valvoline made an investment in a European heat transfer fluids manufacturer to expand its product range and better serve customers worldwide.
In May 2023, ORLEN Południe has declared the successful conclusion of the inaugural operational year of its BioPG facility, dedicated to converting glycerol into renewable propylene glycol. BASF supplied its BioPG technology for this endeavor, with Air Liquide Engineering & Construction offering licensing, proprietary equipment, and basic engineering services.
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Global Ground Calcium Carbonate Market Size, Share and Forecast 2031
Global Ground Calcium Carbonate Market size was valued at USD 15.8 billion in 2022 which is expected to reach USD 24.81 billion in 2030 with a CAGR of 5.8% for the forecast period between 2023 and 2030. Ground calcium carbonate (GCC), also known as limestone, is a common sedimentary rock which primarily comprises calcium carbonate minerals where the sedimentary rocks available on the earth’s surface contribute to around 10% of limestone. A versatile, efficient material with extensive applications in flooring, paints, plastics, asphalt roofing, paper and agriculture. Certain expensive raw materials are substantially replaced by GCC which is often used to enhance durability and is considered an ideal extender or filler with low absorption qualities. Commercial grades of ground calcium carbonate have been developed for multiple applications such as animal and pet feeds, adhesives and sealants, paints and surface coatings, rubber, and elastomers, etc. The concrete’s durability, appearance, and mechanical strength can substantially improve by adding ground calcium carbonate without altering the physical and mechanical properties.
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Real Estate Construction Empowering Ground Calcium Carbonate (GCC)
Mechanical and durable properties of concrete used for building massive infrastructure can significantly control the strength of such constructions. Roller-compared concrete (RCC) has been extensively used due to its prominent benefits like high-density construction technology, low application cost, and reduced cement contents. Ground calcium carbonate (GCC) is successively used as a cement replacement material in concrete to improve RCC’s strength and cohesiveness characteristics. In addition to such improvement, GCC in RCC design can limit the negative effect of bleeding and shrinkage mechanisms.
Data published by Oxford Economics reported that in 2022, the construction market investment was around USD 9.7 trillion, where the major contribution accounts from the United States, China, and India. A report estimated by Global Powers of Construction (GPoC) stated that in 2022, the top 100 companies involved in construction generated revenues of over USD 1.511 trillion. The tremendous rise of real estate and construction sector has generated impeccable market opportunities for ground calcium carbonate (GCC) globally to expand phenomenally.
Augmentation of Paints and Coatings Applications by Utilizing Benefits of GCC
Numerous properties of ground calcium carbonate (GCC) incorporate it as a significant additive in paints and coatings to densify the product. GCC is used as an extender for metal oxides, impart characteristics to either reduce or enhance gloss and most importantly as a rheological modifier. GCC is broadly employed as a bright, inexpensive extender while controlling the rheology of paint formulations. GCC is prominently used throughout the range of water- and solvent-based coatings for exterior and interior coating applications. GCC in painted films formulation are potentially active that able to meet every requirement with impeccable adhesion, high impact resistance, suitable hardness, excellent opacity, matt visual gloss, etc.
A report published by Paints & Coatings Industry reported that in March 2022, the decorative business for Asian Paints accounted for around 84.2% of revenue while a 9% share contributed from international business. In spring 2022, PPG has announced the commencement of new architectural paint and coatings color automation laboratory in Milan, Italy by sanctioning an investment of around USD 2.1 million that substantially will enhance the developing novel paint formulations within a short time.
Animal Feed and Nutrition is Progressively Improved by Incorporating GCC
An indispensable requirement is growing to achieve optimal health for farm animals which subsequently demands significant calcium content in the feed. Ground calcium carbonate (GCC) utilized as a prominent compound in animal feed that increases the calcium content for proper nerve function, bone development that led to produce nutritional milk and eggs. Particle size, purity, and brightness are important parameters for selecting GCC according to animal feed and nutrition. Veterinary professionals widely recommend that all livestock should be fed with specific calcium supplements to support healthy animal nutrition.
The Good Food Institute report states that in 2021 fermentation companies raised around USD 1.69 billion that focuses on alternative protein sector. In 2021, BASF SE successfully expanded Vitamin A plant in Germany to provide effective vitamin A formulation in animal nutrition. For 2023 global pork exports has estimated to increase to 10.8 million tons as the United States and Brazil became an extreme source of shipments. In 2023 global chicken meat production increases up to 103.5 million tons majorly shared by the United States.
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Impact of COVID-19
The outbreak of COVID-19 has severe devastating affect that make entire humankind vulnerable to infectious disease. Different sectors were economically impacted, leading to supply chain disruptions, shutdown of ongoing constructions due to labor force reduction, etc. The imposition of several stringent regulations including entire lockdown affected the rising of ground calcium carbonate (GCC) market. The major sector utilizing GCC is the construction industry that has instantly halted with the spreading of COVID-19 virus. The paints and coating industries involving GCC were also severely impacted as there were reduced number of usual home décor applications. With the decreasing number of COVID-19 cases the government comes up with effective solution to ease the lockdown conditions. To encounter the destruction created by the pandemic companies started to put enormous efforts to restart the usual operations which soon created huge market opportunities for the ground calcium carbonate.
Impact of Russia-Ukraine War
The invasion of Russia on Ukraine has led to unprecedented impact on various sectors subsequently led to deterioration of global economy including agriculture. The real estate and construction business was severely troubled due to the aggression that led to shut down of significant construction because unavailability of capital. The imperative factors consequently deteriorated the applications of ground calcium carbonate in different sectors. The measures adopted by significant government agencies to overcome the disaster of aggression and retain the economic instability.
Report Scope
“Ground Calcium Carbonate Market Assessment, Opportunities and Forecast, 2016-2030F”, is a comprehensive report by Markets and data, providing in-depth analysis and qualitative & quantitative assessment of the current state of the Ground Calcium Carbonate Market, industry dynamics and challenges. The report includes market size, segmental shares, growth trends, COVID-19 and Russia-Ukraine war impact, opportunities and forecast between 2023 and 2030. Additionally, the report profiles the leading players in the industry mentioning their respective market share, business model, competitive intelligence, etc.
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Lignin Market Revenue to Cross USD 1.4 Bn by 2031
The global lignin market was valued at US$ 926.0 Mn in 2022 and is projected to expand at a CAGR of 4.3% from 2023 to 2031 to reach US$ 1.4 Bn by 2031.
Recent market trends indicate intense focus on reducing reliance on petroleum feedstock driving research in lignin-derived carbon fiber and carbon nanofiber. Ongoing research and development activities in several countries on lignin-derived biofuels is broadening market outlook. An instance is recent research initiatives for development of lignin aviation fuels.
Rise in utilization of lignocellulosic biomass in the production of high value compounds, especially bioethanol and acids, is anticipated to fuel market development in the near future. Considerable applications of lignin-derived fuels in biochar, resins, and plastics are likely to boost the market.
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Surge in production of bio-oil by utilizing fast pyrolysis technology of lignin is ascribed to growing initiatives by governments to cater to burgeoning energy demands, since bio-oil is used in the production of value-added chemicals and fuels. Several other production methods are being utilized, such as supercritical fluid extraction, which is expected to offer promising avenues for companies in the global lignin market.
Key Findings of Study
Extensive Utilization of Lignosulfonates in Multiple Applications: Extensive utilization of lignosulfonates as plasticizers or water reducers in order to improve the quality of cement is ascribed to their low cost. Producers of lignosulfonates are benefitting from constant improvements in rheological and physico-chemical properties. The lignosulfonates product segment is projected to account for a major lignin market share from 2023 to 2031. Significant utilization of lignosulfonates in the textile industry is also expected to bolster the segment. Considerable adoption of emulsifying agents in asphalt mix and oil-drilling fluids is driving usage of lignosulfonates.
Rise in R&D Activities in Sustainable and Low-cost Precursor for Carbon Fibers Boosting Demand for Lignin: Widespread usage of lignin for the manufacture of carbon fibers presents lucrative opportunities for companies in the market. Lignin is fast emerging as sustainable, low-cost, and environmentally-friendly alternative to carbon fiber precursor. Rise in usage of lignin derived carbon nanofiber in automobile and transportation applications is bolstering the market. Increase in demand for these nanofibers in water purification and environmental remediation applications is broadening market outlook.
Key Drivers
Surge in demand for low-carbon technologies in the construction sector is a key driver of the lignin market. Rapid adoption of environmentally-friendly and sustainable concrete additives is expected to propel the evolution of the market. An instance is significant utilization of lignosulfonates as a sustainable bio-admixture for concrete.
Steady advances in lignin-based biofuel production methods are anticipated to drive R&D activities in lignocellulosic biomass, which is likely to bolster lignin market evolution. Rapid pace of production of environmentally-friendly biofuel is propelling the market expansion.
Regional Growth Dynamics
Europe constituted the leading market share of 48.8% in 2022. The region is projected to gain market share to reach 49.3% by 2031. Surge in utilization of lignin as concrete additives is expected to propel the market. Rise in demand for lignosulfonates in numerous building and construction applications is anticipated to boost market value of Europe in the near future.
North America is also a lucrative region in the global lignin market. The market in the region is propelled by steady advancements in production, processing, and extraction of lignin from various sources. The region is projected to account for 23.8% market share by 2031-end. Rise in R&D activities in biofuels and significant increase in number of biodiesel and bioethanol fuel stations in the U.S. and Canada are expected to offer opportunities for companies in North America.
Competition Landscape
The business landscape is highly fragmented, with presence of several manufacturers and producers. Prominent companies operating in the lignin market are
Domsjo Fabriker AB
Nippon Paper Industries Co., Ltd.
Tokyo Chemical Industry Co., Ltd.
UPM-Kymmene Corporation
Borregaard AS
Domtar Corporation
Stora Anso
Sappi
Green Agrochem-Lignin
RYAM (Rayonier Advanced Materials)
Lignin Market Segmentation
Purity
Lignosulfonates
Kraft Lignin
Organosolv
Others
Application
Concrete Additives
Animal Feed
Dye Stuff
Cosmetics
Absorbents
Others
Region
North America
Europe
Latin America
Middle East & Africa
Asia Pacific
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Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
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Asphalt Anti-strip Promoters, Global Market Size Forecast, Top 5 Players Rank and Market Share
Asphalt Anti-strip Promoters Market Summary
Growing traffic loads and heavy vehicle usage can lead to increased stress on road surfaces. Asphalt anti-stripping agents help improve the adhesive bond between asphalt and aggregates, reducing the risk of premature pavement failure and extending the lifespan of roads.
According to the new market research report “Global Asphalt Anti-strip Promoters Market Report 2023-2029”, published by QYResearch, the global Asphalt Anti-strip Promoters market size is projected to reach USD 173.5 million by 2029, at a CAGR of 3.1% during the forecast period.
Figure. Global Asphalt Anti-strip Promoters Market Size (US$ Million), 2022-2029
Based on or includes research from QYResearch: Global Asphalt Anti-strip Promoters Market Report 2023-2029.
Market Drivers:
The shift towards sustainable and eco-friendly asphalt additives. The use of amine free asphalt antistrip additive such as lignin-based materials is gaining popularity due to their environmental benefits and improved performance properties.
The growing focus on infrastructure development and repairing old roads and highways, particularly in emerging economies, is expected to boost the demand for asphalt chemical additives. The increasing investment in smart city projects, public-private partnerships, and other initiatives is expected to further drive the market growth.
Restraint:
The Asphalt Anti-strip Promoters market has to comply with various environmental regulations to minimize environmental impact. Meeting regulatory norms has become a crucial challenge that the manufacturers face.
The Asphalt Anti-strip Promoters market is characterized by intense competition amongst the manufacturers. Companies have to continuously innovate their products and meet the customers' needs to stay ahead of their competitors.
Opportunity:
Many regions have stringent environmental regulations that impact the formulation of asphalt mixtures. Anti-strip Promoters that are environmentally friendly and comply with these regulations are likely to find greater acceptance in the market.
The increasing use of asphalt anti-strip promoters for the construction of new roads, highways, and buildings in developing countries is also expected to drive the growth of this market. Moreover, the shift towards sustainable and eco-friendly construction practices is expected to create opportunities for biobased additives in the asphalt chemical additive market.
Figure. Asphalt Anti-strip Promoters, Global Market Size, The Top Five Players Hold 43.26% of Overall Market
Based on or includes research from QYResearch: Global Asphalt Anti-strip Promoters Market Report 2023-2029.
This report profiles key players of Asphalt Anti-strip Promoters such as Arkema, Ingevity, Nouryon, Evonik, Iterchimica.
In 2022, the global top five Asphalt Anti-strip Promoters players account for 43.26% of market share in terms of revenue. Above figure shows the key players ranked by revenue in Asphalt Anti-strip Promoters.
Figure. Asphalt Anti-strip Promoters, Global Market Size, Split by Product Segment
Based on or includes research from QYResearch: Global Asphalt Anti-strip Promoters Market Report 2023-2029.
In terms of product type, Amine Anti-Stripping Agent is the largest segment, hold a share of 57.9%.
Figure. Asphalt Anti-strip Promoters, Global Market Size, Split by Application Segment
Based on or includes research from QYResearch: Global Asphalt Anti-strip Promoters Market Report 2023-2029.
In terms of product application, Hot Mix Asphalt is the largest application, hold a share of 75.0%.
Figure. Asphalt Anti-strip Promoters, Global Market Size, Split by Region
Based on or includes research from QYResearch: Global Asphalt Anti-strip Promoters Market Report 2023-2029.
About The Authors
Lu Jing - Lead Author
Email: [email protected]
Lu Jing is a technology & market senior analyst specializing in chemical, advanced material, and component. Lu has 9 years’ experience in chemical and focuses on catalyst and additive, metal and plastic materials, waste recycling, daily chemicals. She is engaged in the development of technology and market reports and is also involved in custom projects.
About QYResearch
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.
QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.
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Rubber’s Prominence Across Axillary Sectors to Fuel End-of-Life Tire (ELT) Management Market Growth
As per Inkwood Research, the Global End-of-Life Tire (ELT) Management Market is evaluated to rise with a CAGR of 4.87% in terms of revenue during the forecasted years of 2023-2032.
“Browse 88 Market Data Tables and 59 Figures spread over 300 Pages, along with an in-depth TOC on the Global End-of-Life Tire (ELT) Management Market Forecast 2023-2032.”
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As per estimations, about one billion tires are discarded annually. The tire industry continues to place a high premium on seeking ecologically friendly and effective solutions for the purpose of disposing of end-of-life tires (ELTs). This concern is currently being addressed by various domestic initiatives by governmental bodies, the tire industry, and individual manufacturers.
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Rubber’s Prominence Across Axillary Sectors to Augment Market Growth
Various industries, as well as auxiliary sectors, depend heavily on rubber as a key ingredient. Moreover, the material has exclusive qualities that synthetic rubber cannot match. Moreover, it is anticipated that the rubber industry will augment over the upcoming years due to the growing demand from these sectors. Hence, the prominence of rubber as a key ingredient across axillary sectors, in turn, is set to play an essential role in propelling the global end-of-life tire (ELT) management market growth during the forecast period.
Ground Rubber Applications: Fastest-Growing Rubber Remediation Application
Ground rubber is manufactured by grinding scrap tires into different-sized pieces. The material is used in landscaping mulch, new rubber products, rubber mats, as well as rubber-modified asphalt, resulting in a more durable road.
Europe to Lead & Dominate the Global Market by 2032
The significant market growth in Europe is promoted by the rising economic growth in the region, coupled with the high rates of waste generation. End-of-life tires, in this regard, constitute nearly 0.2% of this waste.
The industry rivalry within the global end-of-life tire (ELT) management market is projected to be high over the estimated years. In addition, some of the top companies operating in the global market include Scandinavian Enviro Systems AB, Geotech International BV, Genan A/S, etc.
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About Inkwood Research
Inkwood Research specializes in syndicated & customized research reports and consulting services. Market intelligence studies with relevant fact-based research are customized across industry verticals such as technology, automotive, chemicals, materials, healthcare, and energy, with an objective comprehension that acknowledges the business environments. Our geographical analysis comprises North & South America, CEE, CIS, the Middle East, Europe, Asia, and Africa.
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Rubber’s Prominence Across Axillary Sectors to Fuel End-of-Life Tire (ELT) Management Market Growth
As per Inkwood Research, the Global End-of-Life Tire (ELT) Management Market is evaluated to rise with a CAGR of 4.87% in terms of revenue during the forecasted years of 2023-2032.
VIEW TABLE OF CONTENT LINK - https://www.inkwoodresearch.com/reports/end-of-life-tire-management-market/#table-of-contents
As per estimations, about one billion tires are discarded annually. The tire industry continues to place a high premium on seeking ecologically friendly and effective solutions for the purpose of disposing of end-of-life tires (ELTs). This concern is currently being addressed by various domestic initiatives by governmental bodies, the tire industry, and individual manufacturers.
REQUEST FREE SAMPLE LINK – https://www.inkwoodresearch.com/reports/end-of-life-tire-management-market/#request-free-sample
Rubber’s Prominence Across Axillary Sectors to Augment Market Growth
Various industries, as well as auxiliary sectors, depend heavily on rubber as a key ingredient. Moreover, the material has exclusive qualities that synthetic rubber cannot match. Moreover, it is anticipated that the rubber industry will augment over the upcoming years due to the growing demand from these sectors. Hence, the prominence of rubber as a key ingredient across axillary sectors, in turn, is set to play an essential role in propelling the global end-of-life tire (ELT) management market growth during the forecast period.
Ground Rubber Applications: Fastest-Growing Rubber Remediation Application
Ground rubber is manufactured by grinding scrap tires into different-sized pieces. The material is used in landscaping mulch, new rubber products, rubber mats, as well as rubber-modified asphalt, resulting in a more durable road.
Europe to Lead & Dominate the Global Market by 2032
The significant market growth in Europe is promoted by the rising economic growth in the region, coupled with the high rates of waste generation. End-of-life tires, in this regard, constitute nearly 0.2% of this waste.
The industry rivalry within the global end-of-life tire (ELT) management market is projected to be high over the estimated years. In addition, some of the top companies operating in the global market include Scandinavian Enviro Systems AB, Geotech International BV, Genan A/S, etc.
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Asphalt Additives Market Will Hit Big Revenues In Future Report by 2030 | posted by jigardave Asphalt Additives Market Overview: Asphalt Additives Market size was valued at USD 3.4 Billion in ...
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Aluminum Curtain Wall Market Trends, Segmentation and Registering a Strong Growth by 2032
Aluminum curtain walls market is set to register significant growth between 2023 and 2032, primarily owing to the increasing government initiatives in building infrastructure. For instance, in April 2022, the GSA (General Services Administration) announced that the U.S. government will now prefer American-made, lower-carbon construction materials in its federally funded and federal procurement projects. In addition to gypsum board, asphalt, and structurally engineered wood, the construction materials listed by the GSA also comprise aluminum curtain walls and aluminum storefronts. Such impetus from the governments is expected to spur the market demand.
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Besides, aluminum curtain walls are highly cost-effective as they lessen AC workload and reduce the requirement for artificial light. While traditional windows are expensive, especially if they are to be fitted in large buildings, aluminum curtain walls are made from budget-friendly materials. Moreover, they are lightweight and thin, which makes them easy to install as well. These advantages of aluminum curtain walls are set to fuel the market demand within the next ten years.
Overall, the aluminum curtain walls market has been bifurcated in terms of system, construction, application, and region.
Based on the system, the semi-unitized segment will reach more than 10 billion in terms of revenue by 2032. Since these curtains can be installed quickly and are more resistant to wind velocity and moisture, they are increasingly used in large buildings, which will drive market growth through 2023-2032.
On the basis of construction, the refurbishment segment is slated to grow at more than 9.5% CAGR through 2032. The aging infrastructure in major cities across the world along with an increasing interest in aesthetics has resulted in increased refurbishment activities, which will augment the market growth in the upcoming time.
In terms of application, the residential segment is set to witness significant gains through 2032. This growth can be accredited to the increasing awareness about environmental degradation, cost efficiency, and sustainability among the general populace.
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In the regional context, the aluminum curtain walls market in North America is set to grow at more than 9.5% CAGR through 2032. The growth can be attributed to the increasing industrial construction and establishment of new business centers. To cite an instance, in June 2021, the Finland-based producer of environmental, weather, and industrial measurements, Vaisala, opened its new headquarters in Colorado. The firm chose to use aluminum curtain walls in major areas of the building to assist it to achieve net-zero environmental impact, apart from a modern and clean aesthetic.
Table of Contents (ToC) of the report:
Chapter 1 Methodology & Scope
1.1 Scope & definitions
1.2 Methodology and forecast parameters
1.3 Region-wise COVID-19 impact
1.3.1 North America
1.3.2 Europe
1.3.3 Asia Pacific
1.3.4 Latin America
1.3.5 Middle East & Africa
1.4 Regional trends
1.5 Data sources
1.4.1 Primary
1.4.2 Secondary
Chapter 2 Executive Summary
2.1 Aluminum curtain walls market 3600 synopsis, 2018 – 2032
2.1.1 Business trends
2.1.2 System type trends
2.1.3 Construction type trends
2.1.4 Application trends
2.1.5 Regional trends
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#Aluminum Curtain Wall Market Analysis#Aluminum Curtain Wall Market by Type#Aluminum Curtain Wall Market Share#Aluminum Curtain Wall Market Development#Aluminum Curtain Wall Market Growth
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Asphalt Market Is Projected to Grow at a Healthy Revenues Till 2030
Asphalt is a dark, highly viscous liquid or semi-solid material that is derived from crude oil. It is commonly used in the construction industry as a binding agent for road surfaces, as well as for waterproofing roofs and other structures. Asphalt is made up of a mixture of various organic substances, including hydrocarbons, which are molecules made up of hydrogen and carbon atoms. The exact composition of asphalt can vary depending on the source of the crude oil it is derived from, as well as the processing methods used to refine it.
In road construction, asphalt is typically mixed with aggregates such as sand and gravel to create a durable and long-lasting surface. The mixture is heated and then laid down in layers, with each layer being compacted to create a smooth and even surface. Asphalt has many advantages as a paving material, including its durability, resistance to weathering and wear, and ease of maintenance. However, it can also be prone to cracking and can become slippery when wet. Proper installation and regular maintenance are important to ensure the longevity and safety of asphalt surfaces.
The asphalt market refers to the global industry that produces and distributes asphalt, a sticky, black, and highly viscous liquid or semi-solid material that is used primarily as a binder in the construction of roads, highways, and other infrastructure projects.
The asphalt market is driven by the increasing demand for road construction and maintenance, particularly in developing countries where governments are investing heavily in infrastructure to support economic growth. Other factors that are driving growth in the market include the increasing use of asphalt in the roofing and waterproofing industries, as well as the rising popularity of asphalt-based products in the manufacturing of adhesives, coatings, and sealants.
The global asphalt market is highly competitive, with a few major players dominating the industry. These companies typically operate large refineries that produce asphalt and other petroleum-based products, and they often have extensive distribution networks that enable them to reach customers around the world.
Major players operating in the global asphalt market include BP plc., Anglo American plc., Atlas Roofing Corporation, Aggregate Industries Limited, CertainTeed Corporation, GAF Materials Corporation, CEMEX S.A.B. de C.V., Colas Danmark A/S, Chevron Corporation, China National Offshore Oil Corporation, Exxon Mobil Corporation, Hanson Asphalt Runcorn, Sinopec, SemGroup Corporation, Owens Corning, etc.
The demand for asphalt is primarily driven by the construction industry, as asphalt is widely used as a binder in the construction of roads, highways, runways, parking lots, and other infrastructure projects. The growing population, urbanization, and industrialization have led to an increased need for infrastructure development, which has in turn driven the demand for asphalt.
Moreover, asphalt is also used in roofing and waterproofing applications, which has further increased its demand. It is used as a roofing material in residential and commercial buildings due to its durability, water-resistant properties, and cost-effectiveness. In addition, it is also used as a waterproofing material in various applications such as tunnels, bridges, and underground structures.
Another factor driving the demand for asphalt is the growing demand for asphalt-based products such as adhesives, coatings, and sealants, which find application in various industries such as automotive, aerospace, construction, and manufacturing.
The demand for asphalt varies regionally, with developing countries experiencing higher demand due to the ongoing investments in infrastructure development. North America and Europe also have a significant demand for asphalt due to the need for road maintenance and repair.
The asphalt market offers several advantages, including:
1. Durability: Asphalt is a highly durable material that can withstand heavy traffic and harsh weather conditions. It has a long lifespan, which makes it a cost-effective option for road construction and maintenance.
2. Versatility: Asphalt can be used in a wide range of applications, including road construction, roofing, waterproofing, and manufacturing of various products such as adhesives, coatings, and sealants.
3. Easy to install and maintain: Asphalt is relatively easy to install, and maintenance is also relatively simple and cost-effective. Asphalt roads can be quickly repaired or resurfaced, which reduces disruptions to traffic and minimizes costs.
4. Sustainable: Asphalt is a recyclable material, and it can be reused in new road construction or as a base material for new asphalt pavements. This makes it an environmentally sustainable option compared to other materials.
5. Safety: Asphalt provides a smooth and safe driving surface for vehicles, which reduces the risk of accidents and improves road safety.
6. Cost-effective: Asphalt is a relatively low-cost material compared to other options such as concrete. It also has a long lifespan, which reduces the need for frequent repairs and maintenance.
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[Kraton Performance Polymers, TSRC, LCY Chemical Corp, Eastman Chemical Company] Hydrogenated Styrene Block Copolymer (HSBC) Market Competitive Outlook| 2023-2033
Hydrogenated Styrene Block Copolymer (HSBC) Market Overview
Market.Biz recently updated a research report titled “Global Hydrogenated Styrene Block Copolymer (HSBC) Market by Type (Industrial Grade, Consumer Goods Grade), by Application (Wire and Cable Shoes Adhesives, Asphalt Modifiers Artificial leather)- Industry segment, competition scenario and forecast for 2032" evaluating various factors that affect its trajectory. The global industry report offers a comprehensive, accurate, and high-quality research study to equip players with valuable information for making strategic business decisions. Research analysts have provided in-depth segmental analysis of the industry on the basis of type, application, and geography.
Light is also shed on the vendor landscape to inform readers about future changes in business competition. As part of the competitive analysis, the report includes detailed company profiles of top players of the global Hydrogenated Styrene Block Copolymer (HSBC) market. Players can also use the value chain analysis and Porter's Five Forces Analysis given in the report to strengthen their position in the global industry.
Leading players of the global Hydrogenated Styrene Block Copolymer (HSBC) Market are analyzed taking into account their market share, recent developments, new product launches, partnerships, mergers or acquisitions, and markets served. We also provide a comprehensive analysis of their product portfolios to explore the products and applications they focus on when operating in the global marketplace. Furthermore, the report offers two separate industry forecasts – one for the production side and one for the consumption side of the global industry. It also provides useful recommendations for new and established players of the global market.
Hydrogenated Styrene Block Copolymer (HSBC) Market Competitive Outlook, Product Types And Applications
GuysApplicationscompaniesIndustrial Grade Consumer Goods GradeWire and Cable Shoes Asphalt Modifying Adhesives Artificial LeatherKraton Performance Polymers TSRC LCY Chemical Corp Eastman Chemical Company
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All segments studied in the research study are analyzed on the basis of market share, revenue, and other important factors. Our research study shows how different segments are contributing to the growth of the global Hydrogenated Styrene Block Copolymer (HSBC) market. It also provides information on key trends related to the segments included in the report. This helps business players to focus on high-growth areas of the global market. The research study also offers a separate analysis of the segments based on absolute dollar opportunity.
The report authors have analyzed the developed and developing regions considered for research and analysis of the global Hydrogenated Styrene Block Copolymer (HSBC) market. The regional analysis section of the report provides extensive research study on different global regional and country markets to help players plan effective expansion strategies. In addition, it offers highly accurate estimates of CAGR, market share, and market size for key regions and countries. Players can use this study to explore untapped global Hydrogenated Styrene Block Copolymer (HSBC) markets to broaden their reach and create sales opportunities.
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(1) An entire section of the global Hydrogenated Styrene Block Copolymer (HSBC) business report is dedicated to market dynamics, including influencers, market drivers, challenges, opportunities, and trends.
(2) Another broad section of the research study is reserved for regional analysis of the global Hydrogenated Styrene Block Copolymer (HSBC) Industry, where significant regions and countries are evaluated for their growth potential, consumption, industry share and other vital factors that indicate the growth of your market.
(3) Players can use the competitive analysis provided in the report to create new strategies or adjust existing ones to overcome market challenges and increase their share in the global Hydrogenated Styrene Block Copolymer (HSBC) industry.
(4) The report also analyzes the competitive situations and trends, and sheds light on the expansions and mergers and acquisitions of companies taking place in the global Hydrogenated Styrene Block Copolymer (HSBC) market. Furthermore, it brings to light the industry concentration rate and the market shares of the top three and top five players.
(5) Readers are provided with the results and conclusion of the research study provided in the global Hydrogenated Styrene Block Copolymer (HSBC) Market report.
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Massive Growth of Asphalt Additives Market
The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of the Asphalt Additives industry. The current and historical status of the market together with forecasted market size and trends are demonstrated in the assessment in simple manner. In addition, the report delivers data on the volume, share, revenue, production, and sales in the market.
The report by TMR is the end-product of a study performed using different methodologies including the PESTEL, PORTER, and SWOT analysis. The study with the help of these models shed light on the key financial considerations that players in the Asphalt Additives market need to focus on identifying competition and formulate their marketing strategies for both consumer and industrial markets. The report leverages a wide spectrum of research methods including surveys, interviews, and social media listening to analyze consumer behaviors in its entirety.
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Asphalt Additives Market: Industry Trends and Value Chain
The study on the Asphalt Additives market presents a granular assessment of the macroeconomic and microeconomic factors that have shaped the industry dynamics. An in-depth focus on industry value chain help companies find out effective and pertinent trends that define customer value creation in the market. The analysis presents a data-driven and industry-validated frameworks for understanding the role of government regulations and financial and monetary policies. The analysts offer a deep-dive into the how these factors will shape the value delivery network for companies and firms operating in the market.
Asphalt Additives Market: Branding Strategies and Competitive Strategies
Some of the key questions scrutinized in the study are:
What are some of the recent brand building activities of key players undertaken to create customer value in the Asphalt Additives market?
Which companies are expanding litany of products with the aim to diversify product portfolio?
Which companies have drifted away from their core competencies and how have those impacted the strategic landscape of the Asphalt Additives market?
Which companies have expanded their horizons by engaging in long-term societal considerations?
Which firms have bucked the pandemic trend and what frameworks they adopted to stay resilient?
What are the marketing programs for some of the recent product launches?
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The list of key players operating in the Asphalt Additives market includes following names: KSB SE & Co. KGaA, Grundfos Holding A/S, Alfred Karcher GmbH & Co. KG, WILO SE, Xylem Inc.are a few of the key vendors in the Domestic Booster Pump market.
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Isotopes of the Earth's Hydrosphere
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The Page Museum at the La Brea Tar Pits is part of a trio of institutions that also consists of the Natural History Museum of Los Angeles County and the William S. Hart Park and Museum. In 1913, the Natural History Museum of Los Angeles County (identified by a slightly completely different title at the time) was granted access to the lands, and it initiated an intense two-12 months investigation that uncovered a large portion of the specimens in the gathering right now. Today Hinge has about 5.5 million users around the world, and reported annual revenues of $5.2m (£4.1m). Today it makes over one million pounds a 12 months. Christen Press’s net worth is believed to be $1.4 million. We’ll additionally go over Matt’s biography, info, and web value, amongst different things. I get issues completed. Other things to watch out for: Uncross your arms (crossing them could make you appear uninterested and unapproachable) and don't forget to sit down up straight. Scientists can later expose the material to heat or light in the lab, which once more releases the trapped electrons. As long as you both work to respect one another's variations and preferences, you'll be able to have a healthy relationship despite being polar opposites.
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Asphalt Additive Market: Global Strategic Business Report 2021-2026- Exclusive Report by MarketsandMarkets™
Asphalt Additive Market: Global Strategic Business Report 2021-2026- Exclusive Report by MarketsandMarkets™
The asphalt additive market is projected to grow from USD 3.4 billion in 2021 to USD 4.7 billion by 2026, at a CAGR of 6.8% from 2021 to 2026. An increase in road construction projects along with the growing usage of asphalt additives in roofing application are some of the major key factors driving the growth of the asphalt additive market across the globe. Asphalt is a composite material used…
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The report "Asphalt Additive Market by Type (Polymeric Modifiers, Anti-Strip & Adhesion Promoters, Emulsifiers, Chemical Modifiers, Rejuvenators, Fibers, Flux Oil, Colored Asphalt), Application, Technology and Region – Global Forecast to 2026" The asphalt additive market is projected to grow from USD 3.4 billion in 2021 to USD 4.7 billion by 2026, at a CAGR of 6.8% from 2021 to 2026. Increase in road construction projects along with the growing usage of asphalt additives in roofing application are some of the major key factors driving the growth of the asphalt additive market across the globe.
Based on application, the roofing segment is expected to lead the asphalt additives market in coming years. Roofs are subject to environmental damage due to excess heat, cold, or rain. The addition of additives to asphalt prevents this damage. Chemical, vegetable oil, or petroleum-based additives are added to asphalt to improve the functionality and viscosity of asphalt, while polymer-based additives are used to improve its Functionality. This creates the demand for asphalt additives in the future.
The Asia-Pacific region was the largest market for asphalt additives in 2020, owing to the increasing demand for asphalt additives products in developing economies, such as India and China. China is the leading consumer of asphalt additives products in the Asia-Pacific region. The considerable growth and innovation, along with industry consolidations, is expected to drive the growth of the Asia-Pacific asphalt additives market.
Nouryon (Netherlands), DowDuPont (US), Arkema SA (France), Honeywell International Inc. (US), Evonik Industries (Germany), Huntsman Corporation (US), Kraton Corporation (US), Ingevity Corporation(US), and BASF SE (Germany) are some of the leading players operating in the asphalt additive market.
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