The Global Asphalt Emulsions Market was valued at USD 3.82 Billion in 2023 and is projected to reach USD 5.67 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period (2023-2030). This growth is being driven by increasing government investments in road infrastructure, the rise in highway construction projects worldwide, and the accelerating adoption of environmentally friendly pavement solutions across residential, commercial, and industrial sectors.

As global infrastructure development accelerates toward sustainable construction practices and resilient road networks, the spotlight is on the key manufacturers who are driving innovation, performance, and eco-friendly alternatives in pavement technology. In this blog, we profile the Top 10 Companies in the Asphalt Emulsions Industry—a mix of chemical giants, specialized producers, and sustainability pioneers shaping the future of road construction materials.

---

🔟 1. Sinopec

Headquarters: Beijing, China
Key Offering: Cationic Emulsions, Anionic Emulsions, Polymer-Modified Emulsions

Sinopec is one of the world’s largest producers of asphalt emulsions, operating extensive production facilities across China and international markets. Their product portfolio includes rapid-setting, medium-setting, and slow-setting emulsions for various road construction applications.

Sustainability Initiatives:

• Development of cold-mix technologies reducing energy consumption

• Water-based emulsion formulations minimizing VOC emissions

• Implementation of recycling technologies in pavement rehabilitation

Download FREE Sample Report: Asphalt Emulsions Market – View in Detailed Research Report

---

9️⃣ 2. ExxonMobil

Headquarters: Irving, Texas, USA
Key Offering: Asphalt Emulsions for Paving, Maintenance, and Surface Treatments

ExxonMobil’s asphalt division produces high-performance emulsions used in highway construction, chip sealing, and pavement preservation across North America and global markets.

Sustainability Initiatives:

• Low-temperature asphalt technologies reducing energy requirements

• Emulsion formulations enabling higher rates of recycled asphalt pavement (RAP)

---

8️⃣ 3. McAsphalt

Headquarters: Toronto, Canada
Key Offering: Polymer-Modified Emulsions, Performance-Graded Emulsions, Specialty Emulsions

McAsphalt is North America’s leading producer of asphalt emulsions, operating multiple manufacturing facilities across Canada and the United States.

Sustainability Initiatives:

• Cold-in-place recycling emulsions reducing environmental impact

• Development of environmentally friendly emulsion products for urban applications

---

7️⃣ 4. TDM

Headquarters: Dubai, United Arab Emirates
Key Offering: Cationic Quick Set (CQS), Cationic Medium Set (CMS), Polymer-Modified Emulsions

TDM operates one of the Middle East’s largest asphalt emulsion production facilities, serving infrastructure projects across GCC countries and North Africa.

Sustainability Initiatives:

• Water conservation initiatives in production processes

• Development of specialized emulsions for extreme climate conditions

---

6️⃣ 5. Asphalt Emulsion Industries

Headquarters: Sydney, Australia
Key Offering: Asphalt Emulsions for Spray Application, Mixing Applications, Microsurfacing

Asphalt Emulsion Industries is Australia’s foremost manufacturer of specialized emulsions for challenging environmental conditions and heavy traffic volumes.

Download FREE Sample Report: Asphalt Emulsions Market – View in Detailed Research Report

---

5️⃣ 6. Ergon Asphalt & Emulsions

Headquarters: Jackson, Mississippi, USA
Key Offering: High-Float Emulsions, Polymer-Modified Emulsions, CRS-2 Emulsions

Ergon operates multiple asphalt emulsion manufacturing facilities across the United States, with significant market presence in highway construction and pavement maintenance sectors.

Sustainability Initiatives:

• Implementation of emulsion technologies enabling use of higher percentages of recycled materials

• Development of energy-efficient production methods

---

4️⃣ 7. NICHIREKI CO

Headquarters: Tokyo, Japan
Key Offering: Modified Asphalt Emulsions, Standard Emulsions, Specialized Emulsions

NICHIREKI CO is Japan’s leading manufacturer of asphalt emulsions, with advanced production technologies and extensive research capabilities in pavement performance enhancement.

Sustainability Initiatives:

• Advanced emulsion formulations for improved pavement durability

• Water recycling systems in manufacturing operations

---

3️⃣ 8. Go Green Industrial

Headquarters: Singapore
Key Offering: Environmentally Certified Emulsions, Low-VOC Formulations, Cold Mix Applications

Go Green Industrial specializes in sustainable asphalt emulsion technologies, with manufacturing operations serving Southeast Asian markets and international infrastructure projects.

Sustainability Initiatives:

• Development of bio-based asphalt emulsion modifiers

• Implementation of closed-loop production systems minimizing waste generation

---

2️⃣ 9. Richmond Group

Headquarters: London, United Kingdom
Key Offering: Polymer Modified Emulsions, Cold Recycled Asphalt Emulsions, Microsurfacing Slurries

Richmond Group operates multiple asphalt emulsion production facilities across the United Kingdom and European markets.

Sustainability Initiatives:

• Recycling technologies maximizing use of reclaimed asphalt pavement

• Water-based emulsion technologies reducing environmental impact of road construction

---

1️⃣ 10. Gazprom Neft

Headquarters: Saint Petersburg, Russia
Key Offering: Standard Asphalt Emulsions, Modified Emulsions for Heavy Traffic, Special Climate Formulations

Gazprom Neft is Russia’s largest manufacturer of asphalt emulsions, serving infrastructure development projects across the CIS region and international markets.

Sustainability Initiatives:

• Development of cold mix emulsion technologies for reduced energy consumption

• Advanced quality control systems ensuring consistent product performance

Get Full Report Here: Asphalt Emulsions Market – View in Detailed Research Report

---

🌍 Outlook: The Future of Asphalt Emulsions Is Smarter and More Sustainable

The asphalt emulsions market is experiencing significant transformation as infrastructure development priorities shift towards more durable, environmentally responsible pavement solutions. While conventional asphalt products continue to serve important market segments, the industry is increasingly focused on developing high-performance formulations that extend pavement life while reducing environmental impact.

📈 Key Trends Shaping the Market:

• Growing adoption of polymer-modified emulsions for enhanced pavement performance

• Regulatory emphasis on lower VOC emissions and improved workplace safety

• Digitalization of emulsion production and quality control processes

• Infrastructure stimulus programs driving demand in emerging economies

• Advancements in cold mix technologies enabling year-round construction activities

Get Full Report Here: Asphalt Emulsions Market – View in Detailed Research Report

The companies listed above are not only building global infrastructure—they’re pioneering the sustainable transformation of transportation networks.