Bitumen Emulsifiers Market Report, Growth Projection, Outlook, Reginal Demand, Key Players, Research Analysis To 2024

Report Summary:

The global “Bitumen Emulsifiers Market” report is inclusive of a definite aggressive standpoint that explains a summary of the entire industry and profiles of the major companies in the worldwide market. The bitumen emulsifiers industry report also provides a detailed diagram of the innovations, production analysis, product specification, and product type, taking into consideration, factors such as costs, remuneration, and gross margins.

According to a new research report, Bitumen Emulsifiers will surpass USD 150 million by 2024. The increase in road construction and mending activities all around the world will spur the asphalt emulsion market, boosting bitumen emulsifiers market demand in the coming years. Owing to its sticky nature, the suspension of asphalt in the aqueous medium is quite problematic. The addition of emulsifiers increases the performance characteristics of asphalt by providing an electrostatic charge to the mixture so that the particles get dispersed in the aqueous phase without the coalescing of the droplets.

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The global bitumen emulsifiers report provides a detailed outlook of this industry. It also explains the changing market dynamics, value chain, deployments, constraining factors, and market dynamic forces of the bitumen emulsifiers Industry.

SWOT analysis of the market has been presented in the report. The bitumen emulsifiers market study also explores varied topics such as the regional market scope, products, suitable applications, market size pertaining to the individual product type, revenue and sales with respect to the region, manufacturing chain details, production cost analysis, an analysis of the parameters impacting the business, market size projection, etc.

Bitumen Emulsifiers industry is fragmented into anionic, non-ionic, and cationic types. In 2016, cationic accounted for around two-thirds of the market share and will grow at a CAGR of over 3.5% until the end of 2024. Cationic bitumen emulsifiers provide excellent adhesion and compatibility with various other aggregates, providing enviable growth to the product market.

On the basis of application, the asphalt market is bifurcated as spray and mixing. Road repairing activities will escalate the slurry seal and micro surfacing application, which will propel the demand for bitumen emulsifiers industry in upcoming years. In 2016, surface dressing generated a revenue of approximately USD 37 million owing to the use of the product to provide waterproofing, crack sealing, and oxidation resistance to pavements.

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Speaking of the regional growth outlook, the burgeoning road construction projects in the fast-growing economies across the Asia Pacific, particularly India and China, have proved to be the chief growth drivers of the APAC bitumen emulsifiers market.

The regional segmentation covers: o Europe Region (Germany, UK, France, Russia, Italy, Rest of Europe) o North America Region (U.S., Canada, Mexico) o South America Region (Argentina, Brazil, Columbia, Rest of South America) o Asia-Pacific Region (China, South Korea, Japan, Southeast Asia, India, Rest of Asia-Pacific) o The Middle East & Africa Region (UAE, Saudi Arabia, Nigeria, South Africa, Egypt, Rest of MEA)

According to the official statistics released in 2015, India commanded a road infrastructure of 3.3 million kilometers, the second largest after the USA. The Indian government had earmarked investments of around USD 20 billion for road construction and maintenance projects during the 2012-2017 five-year plan, which roughly translates to about 10% of the total government spending in these five years.

The major participants of the bitumen emulsifiers market are Arkema Group, Chemoran, Petrochem, Kao Corporation, Specialties, AkzoNobel N.V., The Dow Chemical Company, Vizag Chemicals, Opal Paints Products Pvt. Ltd., Evonik, and Ingevity Corporation.

Key questions answered in the report: o What will be the market demand, size, share, and consumption between 2020 to 2025? o What will the growth rate of the market? o What was the status of the market worldwide during the past years? o What are the key factors that will drive the bitumen emulsifiers industry? o What are the risks, opportunities, and the overview of the bitumen emulsifiers industry? You May Check Our Other Report – Fluorspar Market Size: Liquid Nitrogen Market Size: Humic Acid Market Size: