The global Cold Mixed Asphalt Additives market was valued at US$ 463 million in 2022 and is projected to reach US$ 598.4 million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 3.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. This steady growth reflects rising demand for efficient, eco-friendly road maintenance solutions, particularly in construction and infrastructure projects amid urbanization and sustainability mandates.

As the construction industry shifts toward more sustainable practices and resilient infrastructure, attention turns to innovative chemical solutions that enhance cold mix asphalt performance. These additives improve workability, adhesion, and durability at lower temperatures, reducing energy use and emissions. In this blog, we profile the Top 10 Companies in the Cold Mixed Asphalt Additives Market—a blend of chemical giants, specialty providers, and innovation leaders advancing durable, green road building worldwide.

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🔟 1. AkzoNobel NV

Headquarters: Amsterdam, Netherlands
Key Offering: Emulsifiers, Anti-strip Agents, and Polymeric Modifiers for Cold Mix Applications

AkzoNobel stands as a global leader in specialty chemicals, with its performance coatings and materials division supplying advanced additives for asphalt formulations. Their products, like Armorit-based emulsifiers, enable cold mix asphalt to be applied effectively in temperatures between 0–30 °C, creating anti-sticking films around bitumen-coated aggregates for better storage and handling. This makes them essential for quick road repairs and pothole patching, serving major infrastructure projects across North America and Europe.

Sustainability Initiatives:

• Development of low-VOC emulsifiers to reduce emissions during application

• Partnerships with road authorities for recycled asphalt integration

• Commitment to 100% renewable or recycled raw materials by 2030

Download FREE Sample Report: Cold Mixed Asphalt Additives Market – View in Detailed Research Report

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9️⃣ 2. DuPont de Nemours, Inc.

Headquarters: Wilmington, Delaware, USA
Key Offering: Chemical Modifiers, Adhesion Promoters, and Elastomeric Additives

DuPont, formerly E. I. du Pont de Nemours and Company, excels in materials science, providing high-performance additives that enhance the flexibility and crack resistance of cold mixed asphalt. Their solutions, including polymer-modified bitumen enhancers, are widely used in cold patch stockpile mixes, allowing aggregates to remain workable without heating. This innovation supports emergency repairs and rural road maintenance, where traditional hot mix methods are impractical.

Sustainability Initiatives:

• Promotion of recycled plastic incorporation into asphalt additives

• Research into bio-derived modifiers to cut fossil fuel dependency

• Global programs for reducing waste in asphalt production

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8️⃣ 3. Arkema SA

Headquarters: Colombes, France
Key Offering: Polymeric Modifiers and Rheology Control Agents

Arkema is renowned for its innovative chemical solutions in the building materials sector, offering additives that improve the cohesion and flow properties of cold mixed asphalt. Their products, such as advanced emulsifiers, facilitate the creation of durable mixes for paving and roofing applications, holding a significant share in the emulsion-based segment which dominates at about 70% of the market.

Sustainability Initiatives:

• Investment in plant-based polymers for eco-friendly additives

• Collaboration on circular economy projects for asphalt recycling

• Reduction targets for energy-intensive manufacturing processes

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7️⃣ 4. Honeywell International, Inc.

Headquarters: Charlotte, North Carolina, USA
Key Offering: Specialty Chemicals and Performance Additives for Asphalt Emulsification

Honeywell brings aerospace-inspired precision to the construction chemicals market, with additives designed to optimize cold mix asphalt for high-traffic roads. Their anti-strip and adhesion promoters prevent moisture damage, ensuring mixes remain effective in varying weather conditions. This is particularly valuable for construction applications, where reliability is key.

Sustainability Initiatives:

• Development of water-based emulsifiers to minimize solvent use

• Partnerships for sustainable sourcing of raw materials

• Initiatives to lower overall embodied carbon in road materials

Download FREE Sample Report: Cold Mixed Asphalt Additives Market – View in Detailed Research Report

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6️⃣ 5. Evonik Industries AG

Headquarters: Essen, Germany
Key Offering: Silane-Based Adhesion Promoters and Organosilicon Additives

Evonik is a pioneer in specialty chemicals, supplying organosilicon additives that boost the bonding strength in cold mixed asphalt. These enhancers create robust anti-sticking films, allowing mixes to be stored and deployed efficiently for road repairs. In Europe and Asia-Pacific, their products support the shift to colder weather applications, reducing hot mix emissions by up to 50% in some cases.

Sustainability Initiatives:

• Bio-compatible silanes for reduced environmental persistence

• R&D in regenerative additives using renewable feedstocks

• Certifications for low-impact production aligning with REACH standards

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5️⃣ 6. Huntsman Corporation

Headquarters: The Woodlands, Texas, USA
Key Offering: Polyurethane and Epoxy-Based Modifiers for Enhanced Durability

Huntsman provides advanced polymer additives that improve the elasticity and resistance of cold mixed asphalt, ideal for pothole repairs and temporary pavements. Their chemical modifiers ensure compatibility with bitumen at ambient temperatures, making deployment faster and more versatile. In North America, where the market leads with 25% share, Huntsman’s solutions are integral to state DOT projects.

Sustainability Initiatives:

• Integration of recycled content to promote circular construction

• Low-energy synthesis methods for additive production

• Collaborations for carbon-neutral road infrastructure

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4️⃣ 7. Kraton Corporation

Headquarters: Houston, Texas, USA
Key Offering: Styrenic Block Copolymers and Elastomer Modifiers

Kraton specializes in performance polymers, offering styrenic block copolymers that significantly enhance the flexibility and crack resistance of cold mixed asphalt. These additives are crucial for cold patch stockpile mixes, the largest application segment, enabling long-term storage without degradation. Their global reach includes major markets in Europe and China, where urbanization fuels demand.

Sustainability Initiatives:

• Sustainable polymer sourcing from bio-based alternatives

• Support for recycled asphalt pavement (RAP) integration

• Targets for 30% reduction in production emissions by 2025

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3️⃣ 8. Sasol Limited

Headquarters: Johannesburg, South Africa
Key Offering: Wax-Based Additives and Fischer-Tropsch Derived Modifiers

Sasol leverages its expertise in synthetic chemicals to produce wax emulsions and modifiers that control viscosity in cold mixed asphalt. These additives prevent sticking and improve spreadability, vital for applications in emerging markets like South and Central America. With a focus on stable, odor-minimized formulations, Sasol supports roofing and other non-road uses effectively.

Sustainability Initiatives:

• Use of Fischer-Tropsch technology for cleaner synthetic additives

• Projects to enhance water efficiency in additive manufacturing

• Community-driven sustainable development in raw material sourcing

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2️⃣ 9. The Dow Chemical Company

Headquarters: Midland, Michigan, USA
Key Offering: Polyolefin Modifiers and Asphalt Rejuvenators

Dow is a cornerstone in the additives market, providing polyolefin-based products that rejuvenate aged bitumen in cold mixes, extending pavement life. Their emulsifiers dominate the type segment, aiding in the production of workable mixes for construction sites worldwide. In Asia-Pacific, Dow’s innovations support rapid infrastructure growth in countries like India and China.

Sustainability Initiatives:

• Advancement of circular additives from post-consumer plastics

• Net-zero ambitions for chemical operations by 2050

• Global alliances for low-carbon infrastructure solutions

Download FREE Sample Report: Cold Mixed Asphalt Additives Market – View in Detailed Research Report

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1️⃣ 10. Ingevity Corporation

Headquarters: North Charleston, South Carolina, USA
Key Offering: Bio-Industrial Specialties including Tall Oil-Based Additives and Emulsifiers

Ingevity leads with sustainable, pine-based additives that provide natural adhesion promotion and emulsification for cold mixed asphalt. Their products enable eco-friendly mixes for pothole repairs and driveways, with a strong emphasis on biodegradability. As a top player, Ingevity contributes to the 40% market share held by leading firms, particularly in North America.

Sustainability Initiatives:

• 100% renewable resource base for additive production

• Expansion of facilities for bio-derived performance chemicals

• Certifications for sustainable forestry in supply chains

Read Full Report: Cold Mixed Asphalt Additives Market – View in Detailed Research Report

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🌍 Outlook: The Future of Cold Mixed Asphalt Additives Is Greener and More Efficient

The Cold Mixed Asphalt Additives market is evolving rapidly, with traditional chemical solutions giving way to bio-based and recycled innovations. As global infrastructure spending rises, especially in regions like Asia-Pacific and Europe, the industry invests heavily in low-emission additives, advanced emulsification technologies, and supply chain optimizations to meet regulatory demands and sustainability goals.

North America holds the largest share at 25%, driven by extensive road networks, while Europe and China together account for 40%. The emulsion-based segment leads, but polymeric modifiers are gaining traction for their durability. Challenges like raw material costs persist, yet opportunities in roofing and other applications promise growth.

📈 Key Trends Shaping the Market:

• Expansion of bio-based additives in response to environmental regulations

• Mandates for recycled content in asphalt mixes by 2030 in key regions

• Digital tools for optimizing additive dosages and mix designs

• Strategic alliances between chemical firms and construction giants for innovation

Read Full Report: Cold Mixed Asphalt Additives Market – View in Detailed Research Report

The companies profiled here are not only strengthening road infrastructure—they’re leading the sustainable transformation of construction practices worldwide.

At 24 Chemical Research, we deliver in-depth market intelligence that empowers businesses to navigate complex industries with confidence. Our reports, drawn from rigorous analysis of primary and secondary data, provide actionable insights into emerging trends and competitive dynamics. Whether you’re a manufacturer seeking growth strategies or an investor evaluating opportunities, our expertise ensures reliable, forward-looking guidance.