Bitumen Emulsifier Market
Bitumen Emulsifier Market Analysis Setting Type (Rapid Setting, Medium Setting, Slow Setting), by Type (Cationic Emulsifiers, Anionic Emulsifiers, Non-Ionic Emulsifiers), by Application, by Region - Global Forecast 2019-2029
Analysis of Bitumen Emulsifier market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Bitumen Emulsifier Market: an overview
Bitumen Emulsifiers are the additives that are added to the bitumen to be able to stabilize the bitumen slurry with water. These emulsifiers are surface-active agents that permit the dilution with water. The addition of water facilitates the ease of usage as the bitumen is not required to heat before use. Bitumen Emulsifiers can be of 3 types namely, cationic, anionic, and non-ionic.
Chemically, anionic Bitumen Emulsifiers are based on fatty acids reacted with bases such as caustic soda or potash to form a salt. It is this salt that acts as an active Bitumen Emulsifier. Cationic Bitumen Emulsifiers are acid salts of amine prepared from fatty acids.
These compounds include diamines, quaternary ammonium salts, or ethoxylated derivatives. Today, bitumen emulsions have more than 20% of the share in the global bitumen market and have grown at exponential rates since their introduction.
Bitumen Emulsifier Market: Dynamics
The use of Bitumen Emulsifiers has increased at fair rates in the global market in recent times. This growth can be attributed to the increase in the number of development projects across the globe especially the Asia-Pacific. The demand for quick setting Bitumen Emulsifiers has grown at healthy rates in the past & is expected to drive the market for Bitumen Emulsifiers over the foreseeable period as well.
This growth in the Bitumen Emulsifier market is a result of rapid urbanization in the developing countries and repair of existing roads in the developed and underdeveloped economies. The US has the world’s largest road network followed by China & India. The Road US network comprises approximately 4.3 million kilometers of paved road and most of them use bitumen emulsion for repairs and new constructions. In emerging economies such as India, the rate of road construction has increased significantly in recent years and the use of cationic Bitumen Emulsifiers in these roads has also increased as a result.
As per the government statistics, roads have been built at a rate of 26.93 Km per day in 2018. The demand in the region is further expected to increase with the rapid construction of new roads mainly highways and increased adoption of bitumen emulsion in these roads. As per the industry experts, the Bitumen Emulsifier consumption would outpace production over the mid-term forecast in India.
The consumption of Bitumen Emulsifier has also increased due to the rise in road recycling and repair rates. Roof waterproofing application of bitumen has also increased the consumption of non-ionic Bitumen Emulsifiers. Certain Bitumen Emulsifiers also offer the flexibility of imparting color and are among the recent trends in the industry. This color is imparted using the cold mix process and offers a variety of colors such as red, brown, yellow, blue, green orange, grey, and beige.
The global bitumen market is restrained to a high degree in the recent past due to the environmental hazards created by the use of bitumen and this has impacted the global Bitumen Emulsifier market as well. The increasing rate of concrete in road construction can also hamper the Bitumen Emulsifier market growth.
Bitumen Emulsifier: Regional Outlook
Asia-Pacific is expected to drive the global Bitumen Emulsifier market over the forecast period. This growth can be linked to the increasing road network in the region along with the maintenance of the existing network. The market growth in Europe & North America region is expected to remain low over the forecast period most of the Bitumen Emulsifier consumption in the region is expected to be in form of road repairs and roof waterproofing solutions.
Latin America and Middle East Africa region are also expected to experience healthy growth in the Bitumen Emulsifier market with the increasing number of roads & construction projects.
Bitumen Emulsifier: Key Players
The market of Bitumen Emulsifier is fairly fragmented with the presence of local players in the regional markets. However, some of the global players have strong hold in the market that include
- Evonik Industries Ltd.
- Arkema Group
- Macismo International Limited
- Zydex Industries
- Kao Corporation
- Shaoxing Shangyu Simo Research Institute of Organic Chemistry
- CRODA industrial Chemicals
- McAsphalt Industries Limited
The research report presents a comprehensive assessment of the Bitumen Emulsifier market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The Bitumen Emulsifier market report provides analysis and information, according to market segments such as geographies, application, and industry.
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The Bitumen Emulsifier Market Report Covers Exhaustive Analysis On:
- Market Segments
- Market Dynamics
- Market Size & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
The Bitumen Emulsifier Market Regional Analysis Includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina, Chile, Peru)
- Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe)
- CIS & Russia
- Asia-Pacific (China, India, ASEAN, South Korea)
- Middle East & Africa (GCC Countries, South Africa)
The Bitumen Emulsifier report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The Bitumen Emulsifier report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with market attractiveness as per segments. The Bitumen Emulsifier report also maps the qualitative impact of various market factors on market segments and geographies.
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The Bitumen Emulsifier Market Report Highlights:
- A Detailed overview of the parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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Bitumen Emulsifier Market: Segments
On the basis of setting type, the Bitumen Emulsifier market is segmented into
- Rapid Setting
- Medium Setting
- Slow setting
On the basis of emulsifier type, the market is segmented as
- Cationic emulsifiers
- Anionic Emulsifiers
- Non-Ionic Emulsifiers
On the basis of application, the Bitumen Emulsifier market is segmented into
- Spray application
- Surface dressing
- Tack coat
- Prime coat
- Cold Mixed
- Grave emulsion
- Slurry seal
On the basis of geographic regions, the market for Bitumen Emulsifier is segmented into
- North America
- Latin America
- East Asia
- South Asia & Oceania
- Middle East & Africa
- FAQs -
The global market for bitumen emulsifiers is currently valued at US$ 49.1 million.
Increasing at a CAGR of 6%, the global bitumen emulsifier market is projected to reach US$ 94 million by the end of 2032.
Bitumen emulsions, a mixture of tiny bitumen droplets, an emulsifier, and water, are widely used as a binder in road building and maintenance projects.