The increase in road and building construction activities across developing countries such as India and China is driving the growth of the asphalt additives market. The construction of numerous national highways, expressways, and airport runways in these countries increases the demand for asphalt additives. Furthermore, rising government investments in the development of national highways and expressways across the country, as well as the expansion of road networks in rural regions to provide last-mile connectivity, are expected to propel the asphalt additives market forward. Furthermore, because of its physical features such as adhesion, water resistance, hardness, ductility, and a greater softening point, bitumen is commonly utilised in the building sector for roofs. As a result of the expansion in the building sector as a result of urban population growth and desire for new homes, demand in developing economies has increased.
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