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Global Asphalt Additives Market to Reach $4.9 Billion by 2027 - ResearchAndMarkets.com
April 20, 2021 GMT
Amid the COVID-19 crisis, the global market for Asphalt Additives estimated at US$3.5 Billion in the year 2020, is projected to reach a revised size of US$4.9 Billion by 2027, growing at a CAGR of 5.2% over the analysis period 2020-2027. Polymeric Modifiers, one of the segments analyzed in the report, is projected to record a 5.2% CAGR and reach US$1.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Anti-strip & Adhesion Promoters segment is readjusted to a revised 5.2% CAGR for the next 7-year period.