2026 Global: Asphalt Polymeric Modifier Market -Competitive Review (2032) report
Description
The 2026 Global: Asphalt Polymeric Modifier Market -Competitive Review (2031) report features the global market size and projected growth/decline data for the period 2021 through 2032. The report primarily provides an examination of the business strategies for the ten largest global companies in the market and how their strategies differ.
Perry/Hope Partners' reports provide the most accurate industry forecasts based on our proprietary economic models. Our forecasts project the product market size nationally and by regions for 2021 to 2032 using regression analysis in our modeling. and Perry/Hope is the only market research publisher that utilizes both longitudinal (historical) and vertical (from market section to market division to market class) analysis, since we study every manufactured product in the countries we analyze. The report also provides written analysis on the market definition, market segments, and SWOT analysis (market strengths, weaknesses, opportunities, and threats).
The market study aims at estimating the market size and the growth potential of this market. Topics analyzed within the report include a detailed breakdown of the global markets for asphalt polymeric modifier market by geography and historical trend. The scope of the report extends to sizing of the asphalt polymeric modifier market market and global market trends with market data for 2024 as the base year, 2025 and 2026 as the estimate years with projection of CAGR from 2027 to 2032.
The report also features a list of the top ten largest global players in the market. A review of each company includes 1) an estimate of the market share, 2) a listing of the products and/or services in the market, and 3) the features of these products and/or services in the market. The report has a chapter on Comparative Business Strategies for the largest four players. An example of the Comparative Business Strategies analysis would be -- How does Netflix's business strategy to expand its market share in the global online streaming compare to Amazon Prime's business strategy through its video products and services?
The ten market players in this report and a brief synopsis of their participation in the market are:
Kraton Corporation, Arkema SA, BASF SE, Dow Inc., Ingevity Corporation, Evonik Industries AG, Nouryon, DuPont de Nemours, Inc., Shell Bitumen (Shell plc), and Sasol represent ten major companies competing in the asphalt polymeric modifier market, each supplying polymers, additives, or modifier technologies that improve asphalt performance and durability. Kraton is a leading specialist in SBS polymers and bitumen modification technologies focused on rutting resistance and crack performance through products like HiMA™, supported by global supply networks. Arkema leverages acrylic and specialty polymer platforms to offer modifiers for warm‑mix asphalt and adhesion improvement while emphasizing tailored technical packages for road agencies. BASF combines broad polymer chemistry and lifecycle assessment capabilities to co‑develop bio‑content and sustainability solutions for modified binders and has prominent market positioning among industry leaders. Dow brings integrated polymer production and formulation expertise across paving applications, supplying modifiers that target workability and performance at scale. Ingevity offers warm‑mix technologies (Evotherm series) and pavement additives that enable lower mixing temperatures, improved adhesion, and higher recycled content in asphalt mixes. Evonik supplies specialty additives (TEGO and VESTENAMER ranges) that enhance adhesion, lower emissions, and support incorporation of recycled rubber into asphalt, aligning with sustainability goals. Nouryon, a major specialty chemicals provider, markets surface chemistry solutions used as asphalt additives, focusing on performance formulations and broad geographic operations. DuPont contributes performance polymers and chemical technologies used to modify binder properties for improved elasticity and aging resistance. Shell Bitumen remains a key player in polymer modified bitumen and emulsion markets, supplying PMBs and tailored binder solutions for heavy‑duty pavements and airports. Sasol, with specialty polymer and chemical production, serves regional markets with modifier chemistries and additive technologies that address rutting and thermal cracking challenges.
These companies distinguish themselves by product focus, technical service, and sustainability initiatives that drive adoption of polymeric modifiers across regions. Product portfolios span styrene‑butadiene‑styrene (SBS) block copolymers, ethylene vinyl acetate (EVA), crumb rubber technologies, polymeric additives for warm‑mix asphalt, and specialty adhesion promoters—each addressing rutting resistance, fatigue life, and low‑temperature cracking in different climates and traffic conditions. Market reports indicate Asia‑Pacific and North America as high‑growth and high‑share regions respectively, prompting suppliers to expand local capacity, technical partnerships, and recycled‑content offerings to meet infrastructure demand and regulatory drivers for lifecycle cost reductions and circular‑economy compliance. Consolidation and price adjustments for feedstocks (for example, SBS price changes) have influenced supplier strategies, with top firms leveraging integrated polymer production, R&D, and service networks to maintain supply resilience and support specification adoption by road agencies.
Competitive dynamics center on innovation in modifier efficiency, compatibility with higher recycled asphalt pavement (RAP) contents, warm‑mix formulations that reduce plant energy, and circular solutions such as recycled rubber or bio‑based polymers. Strategic moves include capacity expansions, localizing supply (including regional crumb‑rubber plants), and co‑development with public agencies to validate long‑term performance; industry analyses list Kraton, Arkema, BASF, and Dow among the market leaders while also noting a moderately fragmented landscape with many specialty and regional players contributing to technical diversity in polymeric asphalt modification.
Perry/Hope Partners' reports provide the most accurate industry forecasts based on our proprietary economic models. Our forecasts project the product market size nationally and by regions for 2021 to 2032 using regression analysis in our modeling. and Perry/Hope is the only market research publisher that utilizes both longitudinal (historical) and vertical (from market section to market division to market class) analysis, since we study every manufactured product in the countries we analyze. The report also provides written analysis on the market definition, market segments, and SWOT analysis (market strengths, weaknesses, opportunities, and threats).
The market study aims at estimating the market size and the growth potential of this market. Topics analyzed within the report include a detailed breakdown of the global markets for asphalt polymeric modifier market by geography and historical trend. The scope of the report extends to sizing of the asphalt polymeric modifier market market and global market trends with market data for 2024 as the base year, 2025 and 2026 as the estimate years with projection of CAGR from 2027 to 2032.
The report also features a list of the top ten largest global players in the market. A review of each company includes 1) an estimate of the market share, 2) a listing of the products and/or services in the market, and 3) the features of these products and/or services in the market. The report has a chapter on Comparative Business Strategies for the largest four players. An example of the Comparative Business Strategies analysis would be -- How does Netflix's business strategy to expand its market share in the global online streaming compare to Amazon Prime's business strategy through its video products and services?
The ten market players in this report and a brief synopsis of their participation in the market are:
Kraton Corporation, Arkema SA, BASF SE, Dow Inc., Ingevity Corporation, Evonik Industries AG, Nouryon, DuPont de Nemours, Inc., Shell Bitumen (Shell plc), and Sasol represent ten major companies competing in the asphalt polymeric modifier market, each supplying polymers, additives, or modifier technologies that improve asphalt performance and durability. Kraton is a leading specialist in SBS polymers and bitumen modification technologies focused on rutting resistance and crack performance through products like HiMA™, supported by global supply networks. Arkema leverages acrylic and specialty polymer platforms to offer modifiers for warm‑mix asphalt and adhesion improvement while emphasizing tailored technical packages for road agencies. BASF combines broad polymer chemistry and lifecycle assessment capabilities to co‑develop bio‑content and sustainability solutions for modified binders and has prominent market positioning among industry leaders. Dow brings integrated polymer production and formulation expertise across paving applications, supplying modifiers that target workability and performance at scale. Ingevity offers warm‑mix technologies (Evotherm series) and pavement additives that enable lower mixing temperatures, improved adhesion, and higher recycled content in asphalt mixes. Evonik supplies specialty additives (TEGO and VESTENAMER ranges) that enhance adhesion, lower emissions, and support incorporation of recycled rubber into asphalt, aligning with sustainability goals. Nouryon, a major specialty chemicals provider, markets surface chemistry solutions used as asphalt additives, focusing on performance formulations and broad geographic operations. DuPont contributes performance polymers and chemical technologies used to modify binder properties for improved elasticity and aging resistance. Shell Bitumen remains a key player in polymer modified bitumen and emulsion markets, supplying PMBs and tailored binder solutions for heavy‑duty pavements and airports. Sasol, with specialty polymer and chemical production, serves regional markets with modifier chemistries and additive technologies that address rutting and thermal cracking challenges.
These companies distinguish themselves by product focus, technical service, and sustainability initiatives that drive adoption of polymeric modifiers across regions. Product portfolios span styrene‑butadiene‑styrene (SBS) block copolymers, ethylene vinyl acetate (EVA), crumb rubber technologies, polymeric additives for warm‑mix asphalt, and specialty adhesion promoters—each addressing rutting resistance, fatigue life, and low‑temperature cracking in different climates and traffic conditions. Market reports indicate Asia‑Pacific and North America as high‑growth and high‑share regions respectively, prompting suppliers to expand local capacity, technical partnerships, and recycled‑content offerings to meet infrastructure demand and regulatory drivers for lifecycle cost reductions and circular‑economy compliance. Consolidation and price adjustments for feedstocks (for example, SBS price changes) have influenced supplier strategies, with top firms leveraging integrated polymer production, R&D, and service networks to maintain supply resilience and support specification adoption by road agencies.
Competitive dynamics center on innovation in modifier efficiency, compatibility with higher recycled asphalt pavement (RAP) contents, warm‑mix formulations that reduce plant energy, and circular solutions such as recycled rubber or bio‑based polymers. Strategic moves include capacity expansions, localizing supply (including regional crumb‑rubber plants), and co‑development with public agencies to validate long‑term performance; industry analyses list Kraton, Arkema, BASF, and Dow among the market leaders while also noting a moderately fragmented landscape with many specialty and regional players contributing to technical diversity in polymeric asphalt modification.
Table of Contents
32 Pages
- 1.0 Scope of Report and Methodology
- 2.0 Market SWOT Analysis and Players
- 2.1 Market Definition
- 2.2 Market Segments
- 2.3 Market Strengths
- 2.4 Market Weaknesses
- 2.5 Market Threats
- 2.6 Market Opportunities
- 2.7 Major Players
- 3.0 Competitive Analysis
- 3.1 Market Player 1
- 3.2 Market Player 2
- 3.3 Market Player 3
- 3.4 Market Player 4
- 3.5 Market Player 5
- 3.6 Market Player 6
- 3.7 Market Player 7
- 3.8 Market Player 8
- 3.9 Market Player 9
- 3.10 Market Player 10
- 4.0 Comparative Business Strategies
- 4.1 Comparative Business Strategies of Player 1 and 2
- 4.2 Comparative Business Strategies of Player 1 and 3
- 4.3 Comparative Business Strategies of Player 1 and 4
- 4.4 Comparative Business Strategies of Player 2 and 3
- 4.5 Comparative Business Strategies of Player 2 and 4
- 4.6 Comparative Business Strategies of Player 3 and 4
- 5.0 Appendix
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