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Asphalt additives are profoundly utilized in areas like the U.S., U.K. also, Italy for better street development. Asphalt or bitumen is a dark, tacky, profoundly gooey type of oil and is utilized for surfacing streets, material, flooring, and so forth They can be as gels, fluid, and powders. The fundamental capacity of asphalt additives is to upgrade the feel of the asphalt by giving the important footing to vehicle traffic.

The growth of the asphalt additives market is majorly driven by increase in road and building construction activities across the developing countries such as India and China.