Global Airport Runway Asphalt Additives market cagr 10.7%

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Airport Runway Asphalt Additives Market

Airport Runway Asphalt Additives Market Scope:

Industry Analysis, Market Size, Growth, Trends Till 2031

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Airport Runway Asphalt Additives Market Size and Growth

The Airport Runway Asphalt Additives market is experiencing growth due to increasing air traffic and the need for durable pavements. The market is projected to reach USD 320 million by 2025, driven by innovations in additives improving performance and longevity, particularly in adverse weather conditions. Competitive dynamics continue to shape this sector.

Companies Covered

(Covid 19 Impact Covered)

◍ Evonik

◍ Kraton

◍ DowDuPont

◍ Arkema

◍ Akzo Nobel

◍ Huntsman

◍ Berkshire Engineering Supplies

◍ ArrMaz

◍ Kao Corporation

◍ Engineered Additives

◍ BASF

◍ Sonneborn

◍ Honeywell

◍ Ingevity

◍ LUCOBIT

◍ Sinopec

◍ LCY CHEMICAL CORP

◍ Jiangsu Jinyang

The Airport Runway Asphalt Additives Market features key players like Evonik, DowDuPont, and BASF, enhancing asphalt performance through innovative additives. These companies drive market growth by improving durability and environmental sustainability. Sales revenues highlight their market positions, with Evonik at approximately $4.1 billion and BASF around $80 billion.

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Market Segmentation

By Application

Refurbish

New Construction

Other

By Product

◍ Asphalt Modifier ◍ Antistripping Agent ◍ Asphalt Emulsifier ◍ Surfactant Additives

Foam Stabilizer

Others

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Market Growth

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$ X Billion USD

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