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2021
Bitumen Emulsifiers Market

Bitumen Emulsifiers Market, by Charge Type (Cationic, Anionic, and Non-Ionic), Setting Time (Slow Setting, Medium Setting, and Rapid Setting), and Application (Spraying Emulsifiers and Mixing Emulsifiers): Global Opportunity Analysis and Industry Forecast, 2021–2030

A12562
Pages: NA
Oct 2021 | 208 Views
   
Author(s) : Onkar Sumant
Tables: NA
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Bitumen Emulsifiers Market Analysis  2021-2030

Bitumen emulsifiers are the additives that are used to stabilize the bitumen slurry with water. These emulsifiers are surface active agents that allow the dilution with water. Addition of water facilitates ease of usage as the bitumen is not needed to heat before use. Bitumen emulsifiers can be of three types including cationic, anionic and non - ionic. A perfect blend of water and precise droplets of bitumen forms the bitumen emulsifier. Bitumen is fundamentally a petroleum product and thus the chances of bitumen mixing with water falls significantly. The sticky nature of bitumen causes it to change into droplets and in order to overcome this problem, emulsifiers such as fatty quaternary ammonium compounds are used. It is a critical component of paving material that is utilized to construct roads, and other parts of infrastructure. It is an essential material for variety of infrastructure and construction projects, both large and small.

Market Scope and Structure Analysis

Report Metric

Details

Market Size Available for Years

  2020–2030

  Base Year Considered

  2020

  Forecast Period

  2021–2030

  Forecast Unit

  Value (USD)

  Segments Covered

  Charge Type, Setting Time, Application, and Region

  Regions Covered

  North America, Europe, Asia-Pacific, LAMEA

  Companies Covered

Arkema Group, Evonik Industries, Croda International Plc., Tristate Asphalt LLC, Nouryon, RAHA Bitumen Co., Opal Paints Products Pvt. Ltd., RX Marine International, Jiangxi Simo Biological Chemical Co., Ltd., Xinxiang Tongda Road New Technology Co. Ltd., Kao Corporation, T-Pave International Pte Ltd., Jiangxi SIMO Biological Chemical Co. Ltd.

 

 

COVID-19 Impact analysis

  • The global bitumen emulsifier market has been adversely affected due to COVID-19 outbreak. Different types of bitumen emulsifiers such as cationic, anionic, and rapid setting are prominently used in the road construction business, these various emulsifiers are chosen according to the atmosphere and duration of work. The post-COVID-19 world is expected to be positive for the bitumen emulsifier market.
  • Roads play a significant role in building economy, maintaining trade routes, enhancing tourism activities, and act as a bridge for connecting places. Thus, the need to maintain them is absolutely necessary for any nation to ensure that the connection doesn’t break. A major component that aids in road construction and maintenance is the bitumen emulsifier.
  • The coronavirus outbreak resulted in a lockdown across the entire world and affected the economy adversely. Almost all the industries were temporarily closed to reduce the spread of pandemic. This pandemic resulted in the dip of various markets, including the bitumen emulsifier market that has an essential role in road construction and repair.

Top Impacting Factors

Rise in road construction activities across the world is one of the primary factors, which is driving the global bitumen emulsifier market growth during the forecast period. Bitumen emulsifier primarily used for road repair work as the time needed to settle down is less, and provides better coating in all climatic conditions. Roadway is one of the constantly used mode of transportation, and the government initiatives to upgrade them will be a major factor for the rise of bitumen emulsifiers market. Furthermore, huge investments to evolve roadways will further propel to the modernization, which in return will enhance the product demand.

Storage time is one of the major drawbacks related with the bitumen emulsions, which may differ from 5 to 6 days depending on the mixing composition. Furthermore, environmental factors, such as temperature, wind and type of emulsion also act as the significant factors hindering the growth of bitumen emulsifier market.

Market Trends

  • Asia-Pacific is estimated to drive the global bitumen emulsifier market during the forecast period. This growth can be linked to the rising road network in the region along with the repair of the existing network. The market growth in Europe & North America region is expected to remain immobile during the forecast period as most of the bitumen emulsifier use in the region is foreseen to be in 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.
  • Additionally, North America, while reducing its dependence on bitumen for construction of roads, uses bitumen to do the maintenance and mending of the built roads. This factor keeps the North America market for bitumen emulsifiers having a slow yet stable growth. Europe is yet to adopt alternate materials on a large scale for road construction and thus stay as an influencing market for bitumen emulsifier.  For instance the black diamond which is the latest alternative for bitumen emulsifier, it is one of the alternatives for coal tar sealers.
  • In May 2019, Arkema took over ArrMaz, U.S.-based manufacturer of specialty surfactants. The company anticipates to combine the expertise of both the ventures in differentiated formulations & technologies and their geographic reach, which will aid the company to efficiently provide its customers in the infrastructure industry.

Key Segments Covered

Charge Type

  • Cationic
  • Anionic
  • Non-Ionic

Setting time

  • Slow Setting
  •  Medium Setting
  •  Rapid Setting

Application

  • Spraying
    • Track Coat
    • Prime Coat
    • Surface Dressing
    • Penetration Macadam
  • Mixing
    • Storable Cold Mix
    • Recycling
    • Grave-Emulsion
    • Slurry Seal & Micro surfacing

Region

  • North America 
    • U.S.
    • Canada
    • Mexico 
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA

Key Benefits of the Report

  • This study presents the analytical depiction of the bitumen emulsifier industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the bitumen emulsifier market share.
  • The current market is quantitatively analyzed from 2020 to 2028 to highlight the bitumen emulsifier market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed bitumen emulsifier market analysis based on competitive intensity and how the competition will take shape in coming years

Questions answered in the bitumen emulsifier Report

  • Who are the leading market players active in the bitumen emulsifier market?
  • What current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What future projections would help in taking further strategic steps?
 
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