An asphalt composition having a low VOC content composed of an asphalt material; a volatile methylated siloxane from the group of linear methylated siloxane, cyclic methylated siloxane, branched methylated siloxane and any mixtures thereof and fillers, additives organic VOC solvents conventionally used in such a composition, wherein the composition has a VOC level that allows the composition to be used in venues having restricted low levels of VOC.