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The global Asphalt Additives market size is expected to reach $ 6400 million by 2030, rising at a market growth of 4.1% CAGR during the forecast period (2024-2030).

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According to our (Global Info Research) latest study, the global Asphalt Additives market size was valued at USD 4826 million in 2023 and is forecast to a readjusted size of USD 6400 million by 2030 with a CAGR of 4.1% during review period.

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The global Cold Mix Asphalt Additives market size is expected to reach $ 598.4 million by 2030, rising at a market growth of 3.7% CAGR during the forecast period (2024-2030).

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According to our (Global Info Research) latest study, the global Warm Mix Asphalt Additives market size was valued at USD million in 2023 and is forecast to a readjusted size of USD million by 2030 with a CAGR of % during review period.

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According to our (Global Info Research) latest study, the global Cold Mix Asphalt Additives market size was valued at USD 463 million in 2023 and is forecast to a readjusted size of USD 598.4 million by 2030 with a CAGR of 3.7% during review period.

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According to our (Global Info Research) latest study, the global Cold Mixed Asphalt Additives market size was valued at USD 463 million in 2023 and is forecast to a readjusted size of USD 598.4 million by 2030 with a CAGR of 3.7% during review period.

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The global Asphalt Additives and Modifiers market size is expected to reach $ 4360.9 million by 2030, rising at a market growth of 3.1% CAGR during the forecast period (2024-2030).

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According to our (Global Info Research) latest study, the global Asphalt Additives and Modifiers market size was valued at USD 3526.2 million in 2023 and is forecast to a readjusted size of USD 4360.9 million by 2030 with a CAGR of 3.1% during review period.

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Asphalt additives are substances added to asphalt to modify characteristic properties of asphalt binder. Primary reason for adding additives to asphalt is to increase the functional temperature range of asphalt. Viscosity of asphalt decreases at high temperature and increases drastically at low temperature. This hinders the usage of asphalt in roads, pavements, airfields, and parking lots made of asphalt. Usage of additives helps overcome this shortcoming. Additives are also used to enhance the binding property of asphalt by strengthening the asphalt aggregate bond. Furthermore, additives improve the film thickness of asphalt, thus preventing cracking, raveling, and deformation. This, in turn, reduces maintenance cost of asphalt-constructed structures. There are different types of asphalt additives. However, varieties that are primarily used include asphalt rubber, polymers, and chemical modifiers. Fibers and fillers are also used as additives in asphalt.

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WMA technology originated in Europe and developed gradually throughout the world, including China. In general, the compaction temperature of WMA during construction can be reduced by about 20–30℃.

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