Global bitumen emulsifiers have increased at fair rates in recent times. According to the WK-chem Research, “Global Bitumen Emulsifiers Professional Survey Report 2024, Forecast to 2029”, due to the growing demand from the construction industry, the global market is predicted to rise. The compound annual growth rate (CAGR) for the 2024-2029 period is projected to be 5.61% base on WK-chem Research regression analysis model.
Analysts’ Viewpoint:
“The industry players mostly operate based on their product's price and application features. Several large firms should form numerous strategic alliances to promote their brand and sales to get a competitive edge and increase their bitumen emulsifier market share”, said Denise Patel, Senior analyst, in WK-chem Research.
Market insight:
One of the most important materials used in road construction is bitumen emulsions. Asphalt emulsions have a lower heating temperature than hot asphalt and use 50% less energy to heat. Attributed to their nature, these emulsions are more cost effective than cut back bitumen. Cut back is made up of 70% bitumen and 30% petroleum solvents like naphtha, diesel, kerosene, and others. Emulsions are made up of 60% bitumen and 40% water. Furthermore, bitumen emulsion production minimizes dangerous VOC emissions by a large margin and is unaffected by weather conditions. This is predicted to boost the demand for bitumen emulsion, which will, in turn, surge the demand for such emulsifiers. Bitumen emulsions are used extensively in the construction industry. Bitumen and its emulsions are widely employed in the construction of roads and national highways around the world. Furthermore, many qualities of asphalt emulsions, including ease of handling, environment-friendliness, and high mixing ability with cement and latex, have boosted the demand for such emulsions, boosting the market growth. Significant investments have been witnessed in the building & construction industry in the last few years. Improvement in economic conditions in developing economies, especially in the construction sector, is anticipated to boost the global bitumen emulsifiers market in the near future.
The nature of some emulsifiers is corrosive. Cationic bitumen emulsions have pH as low as 1, making them very acidic and gently corroding emulsion plant steel. As a result, the market growth is projected to slow down. Manufacture of various consumer goods and other products across the globe came to a halt due to the unavailability of raw materials, shortage of labor, etc. This is expected to hamper the bitumen emulsifiers market. 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.
Competition Landscape:
June 2021 – Arkema-Road Science announced the sponsorship of 7th E&E Congress along with the launch of a new bitumen emulsifier for cold mix applications. This WK-chem Research market report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading bitumen emulsifiers companies that include: Nouryon, Arkema Group, Evonik Industries, Opal Paints Products Pvt. Ltd., Croda International Plc., Tristate Asphalt LLC, RAHA Bitumen Co., RX Marine International, Jiangxi Simo Biological, Chemical Co., Ltd., Chemoran, Kao Corporation, G R Infraprojects Ltd., Jiangxi SIMO Biological Chemical Co. Ltd.
Segmentation of Bitumen Emulsifiers Market:
According to the type, the market for bitumen emulsifiers is divided into: Cationic, Anionic, and Non-ionic. The cationic bitumen emulsifier segment is expected to hold the prime share in the market owing to better emulsifying performance and exceptional adhesion to the mineral aggregates. As most of the aggregates are negatively charged, the positively charged cationic emulsions are largely employed due to molecular attraction. The anionic segment is expected to show significant growth by the end of the forecast period.
According to the application, the market for bitumen emulsifiers is divided into: Spraying and Mixing. The Spraying is further segmented into Track Coat, Prime Coat, Surface Dressing, and Penetration Macadam. The Mixing is further segmented into Storable Cold Mix, Recycling, Grave Emulsion and Slurry Seal, and Micro-surfacing. The Mixing segment holds the maximum market share of the Bitumen Emulsifiers Market. Due to the increase in Urbanisation and Modernisation, there is a significant growth in the demand for Mixing applications of Bitumen Emulsifiers. Hence the Mixing segment holds the maximum market share of the Bitumen Emulsifiers Market.
Bitumen Emulsifiers Market: Regional Analysis
In terms of geography, the global bitumen emulsifiers market has been segmented into: North America, Asia Pacific, Europe, South America, and the Middle East and Africa. Asia Pacific is one of the rapidly developing and emerging regions. The availability of raw materials and skilled laborers in countries like China and India is expected to influence the construction sector. Additionally, various government initiatives to develop public infrastructures, including roadways, highways, airports, and others are likely to drive market growth.
Europe is expected to show significant growth attributed to high demand for cationic emulsions. Additionally, the large manufacturing base present in countries such as Germany, France, Italy and Netherlands is likely to contribute significantly to the market.
The market in North America is predicted to grow considerably owing to increasing adoption of bitumen emulsions. Attributed to increasing awareness of environmental stress and adoption of eco-friendly products, the regional market is experiencing high demand for eco-friendly emulsions, further driving this market.
Analysts’ Viewpoint:
“The industry players mostly operate based on their product's price and application features. Several large firms should form numerous strategic alliances to promote their brand and sales to get a competitive edge and increase their bitumen emulsifier market share”, said Denise Patel, Senior analyst, in WK-chem Research.
Market insight:
One of the most important materials used in road construction is bitumen emulsions. Asphalt emulsions have a lower heating temperature than hot asphalt and use 50% less energy to heat. Attributed to their nature, these emulsions are more cost effective than cut back bitumen. Cut back is made up of 70% bitumen and 30% petroleum solvents like naphtha, diesel, kerosene, and others. Emulsions are made up of 60% bitumen and 40% water. Furthermore, bitumen emulsion production minimizes dangerous VOC emissions by a large margin and is unaffected by weather conditions. This is predicted to boost the demand for bitumen emulsion, which will, in turn, surge the demand for such emulsifiers. Bitumen emulsions are used extensively in the construction industry. Bitumen and its emulsions are widely employed in the construction of roads and national highways around the world. Furthermore, many qualities of asphalt emulsions, including ease of handling, environment-friendliness, and high mixing ability with cement and latex, have boosted the demand for such emulsions, boosting the market growth. Significant investments have been witnessed in the building & construction industry in the last few years. Improvement in economic conditions in developing economies, especially in the construction sector, is anticipated to boost the global bitumen emulsifiers market in the near future.
The nature of some emulsifiers is corrosive. Cationic bitumen emulsions have pH as low as 1, making them very acidic and gently corroding emulsion plant steel. As a result, the market growth is projected to slow down. Manufacture of various consumer goods and other products across the globe came to a halt due to the unavailability of raw materials, shortage of labor, etc. This is expected to hamper the bitumen emulsifiers market. 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.
Competition Landscape:
June 2021 – Arkema-Road Science announced the sponsorship of 7th E&E Congress along with the launch of a new bitumen emulsifier for cold mix applications. This WK-chem Research market report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading bitumen emulsifiers companies that include: Nouryon, Arkema Group, Evonik Industries, Opal Paints Products Pvt. Ltd., Croda International Plc., Tristate Asphalt LLC, RAHA Bitumen Co., RX Marine International, Jiangxi Simo Biological, Chemical Co., Ltd., Chemoran, Kao Corporation, G R Infraprojects Ltd., Jiangxi SIMO Biological Chemical Co. Ltd.
Segmentation of Bitumen Emulsifiers Market:
According to the type, the market for bitumen emulsifiers is divided into: Cationic, Anionic, and Non-ionic. The cationic bitumen emulsifier segment is expected to hold the prime share in the market owing to better emulsifying performance and exceptional adhesion to the mineral aggregates. As most of the aggregates are negatively charged, the positively charged cationic emulsions are largely employed due to molecular attraction. The anionic segment is expected to show significant growth by the end of the forecast period.
According to the application, the market for bitumen emulsifiers is divided into: Spraying and Mixing. The Spraying is further segmented into Track Coat, Prime Coat, Surface Dressing, and Penetration Macadam. The Mixing is further segmented into Storable Cold Mix, Recycling, Grave Emulsion and Slurry Seal, and Micro-surfacing. The Mixing segment holds the maximum market share of the Bitumen Emulsifiers Market. Due to the increase in Urbanisation and Modernisation, there is a significant growth in the demand for Mixing applications of Bitumen Emulsifiers. Hence the Mixing segment holds the maximum market share of the Bitumen Emulsifiers Market.
Bitumen Emulsifiers Market: Regional Analysis
In terms of geography, the global bitumen emulsifiers market has been segmented into: North America, Asia Pacific, Europe, South America, and the Middle East and Africa. Asia Pacific is one of the rapidly developing and emerging regions. The availability of raw materials and skilled laborers in countries like China and India is expected to influence the construction sector. Additionally, various government initiatives to develop public infrastructures, including roadways, highways, airports, and others are likely to drive market growth.
Europe is expected to show significant growth attributed to high demand for cationic emulsions. Additionally, the large manufacturing base present in countries such as Germany, France, Italy and Netherlands is likely to contribute significantly to the market.
The market in North America is predicted to grow considerably owing to increasing adoption of bitumen emulsions. Attributed to increasing awareness of environmental stress and adoption of eco-friendly products, the regional market is experiencing high demand for eco-friendly emulsions, further driving this market.
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