Performance Evolution of Rubber–Plastic-Based Elastomer-Modified Asphalt Under Different Aging Conditions

To reveal the long-term anti-aging mechanisms of rubber–plastic elastomer-modified asphalt in complex service environments and overcome the inherent defects of single polymer modifiers—namely their susceptibility to degradation or phase separation—this study prepared styrene-butadiene-styrene (SBS), low Mooney rubber (LMMR), and low-density polyethylene (LDPE)-modified asphalts. Simultaneously, an LMMR-LDPE rubber–plastic thermoplastic elastomer (TPE) was fabricated utilizing twin-screw extrusion technology and subsequently used to prepare a composite-modified asphalt. Three aging protocols were simulated: short-term thermo-oxidative aging (RTFOT), long-term pressure aging (PAV), and ultraviolet light aging (UV). A multi-scale quantitative characterization was conducted using a dynamic shear rheometer, Fourier transform infrared spectroscopy, and atomic force microscopy to evaluate the rutting factor, carbonyl index, and surface microroughness of each system before and after aging. The experimental results indicate that the coupled effect of long-term stress and thermal oxidation causes the most severe damage to the colloidal structure of modified asphalt. Conventional SBS-modified asphalt, due to its abundance of unsaturated double bonds, exhibits a sharp increase in the carbonyl index and aging index of the rutting factor after aging, making it highly susceptible to oxidative chain scission. Although LDPE-modified asphalt possesses chemical inertness, it is prone to crystalline phase separation under aging conditions, resulting in a microroughness distortion rate of up to 86.36%. In contrast, the LMMR-LDPE composite system, leveraging the high chemical stability of the saturated aliphatic carbon chain and the flexibility-enhancing and crystallization-inhibiting effects of LMMR, effectively reduces active oxidation sites and improves interfacial compatibility. This composite system exhibits the lowest carbonyl increment and rheological attenuation under all aging conditions, while effectively inhibiting the free migration and agglomeration of macromolecular components. The LMMR-LDPE composite modification technology effectively overcomes the inherent drawbacks of single polymers, such as susceptibility to degradation or segregation, demonstrating excellent long-term macroscopic rheological stability and microscopic phase morphology anti-aging capability. The present findings provide laboratory-scale mechanistic support for the design of durable rubber–plastic-modified asphalt systems, while further pilot-scale, economic, and field validation is still required before practical engineering application can be fully assessed.