Bio-Renewable Asphalt Modifiers and Asphalt Substitutes

Abstract

The global asphalt market is to reach 118.4 million metric tons by 2015, according to a January 2011 report by Global Industry Analysis, Inc. The asphalt paving industry accounts for the largest end-use market segment of asphalt. With increasing growth in the developing markets of China, India, Brazil, and Eastern Europe, asphalt will be needed to construct their roadway infrastructure well into the next decade. The increased demand for asphalt, along with the need for improved asphalt materials/pavement performance, creates the opportunity for bio-renewable asphalt modifiers and/or asphalt substitutes. © Springer-Verlag London Limited 2012.