November 1, 2018: United States Polymerized Asphalt Cement
Market is expected to grow at a
significant CAGR in the upcoming years as the scope and its applications are
increasing across the globe. Asphalt Cement is a binding material that is
versatile, durable & weather resistant and adopts itself to a range of
applications. It is generally composed of 5% asphalt/bitumen cement and 95%
aggregates (sand, stone, and gravel). Asphalt cements can be altered to meet
numerous conditions.
The
factors that propel the growth of the United
States Polymerized Asphalt Cement Market include increasing demand, rapid
urbanization & industrialization, and product development &
technological innovations. In addition, some of the key factors such as growth
in the construction industry, easy availability of products, and spending power
significantly influence the market growth.
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United
States Polymerized Asphalt Cement Market is classified on the basis of product
type, applications, distribution channel and geography. United States Polymerized
Asphalt Cement Industry is segmented by product type as Cement and Emulsified
Asphalt Dosage Equivalent, Inorganic Material and others. This market is
classified on applications as Airport Runaway, Parking Lots, Road Paving, Road
Construction, Roofing and others.
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Polymerized
Asphalt Cement Market is segmented by distribution channel as online stores,
specialty stores and others. United States Polymerized Asphalt Cement Industry
is classified on the basis of geography as The West, The Southwest, The Middle
Atlantic, New England, The South and The Midwest. Some of the key players that
fuel the growth of the United States Polymerized Asphalt Cement Market include
ArrMaz, AkzoNobel N.V, DuPont de Nemours, Evonik Industries AG, Huntsman
International, Honeywell International, Kao Corporation, The Arkema Group,
Tri-Chem Industries, and others. The key players are focusing on inorganic
growth to sustain themselves amidst fierce competition. As such, mergers,
acquisitions, and joint ventures are the need of the hour.
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