Bitumen Emulsifiers Market
Global Bitumen Emulsifiers Market Size, Share & Trends Analysis Report by Emulsifier type (Cationic Emulsifiers, Anionic Emulsifiers, and Non-Ionic Emulsifiers), by Setting type (Rapid Setting, Medium Setting, and Slow Setting), and by Application (Patch repairs, Cold storage mixes, Surface treatment, Cold emulsion-mineral mixes, Tack coats, and Others), Forecast (2021-2027) Update Available - Forecast 2024-2030
The global bitumen emulsifiers market is anticipated to grow at a significant CAGR of 4.5% during the forecast period. Rise in road construction activities in the emerging economies such as India, Malaysia, and others are offering significant boost to the growth of global bitumen emulsifier market. Bitumen emulsifiers are mainly used for road repair and maintenance work, which requires a high volume of bitumen emulsions, further driving the demand and utilization of the emulsifiers. Another factor propelling the growth of the market is rising government initiatives to develop and improve infrastructure and roadways along with the repair of existing roads and structures. As per the Government of India, the country has initiated several investment programs in road sector and infrastructure to support and improve logistics performance previous year. For instance, in December 2020, the Government of India and the World Bank signed a $500 million project to construct safe and green national highway corridors in the states of Rajasthan, Himachal Pradesh, Uttar Pradesh, and Andhra Pradesh.
Impact of COVID-19 Pandemic on Global Bitumen Emulsifiers Market
The COVID-19 pandemic caused a drop in several markets that plays a significant part in road building and maintenance. With surging demand for construction and development projects and limited supply of raw materials required for construction activities, there has been a rise in prices of these components during the pandemic. According to the Eye Housing Organization, in November 2020, the prices for the building materials has been climbed to 116.9% in 2021, across the globe.
Segmental Outlook
The global bitumen emulsifiers market is segmented based on the emulsifier type, setting type, and application. Based on the emulsifier type, the market is segmented into cationic emulsifiers, anionic emulsifiers, and non-ionic emulsifiers. Based on the setting type, the market is sub-segmented into the rapid setting, medium setting, and slow setting. Based on the application, the market is segmented into patch repairs, cold storage mixes, surface treatment, cold emulsion-mineral mixes, tack coats and others (recycling, gravel impregnation, slurry seal). The above mentioned segments can be customized as per the requirements. Among the setting type, the slow setting segment is expected to hold prominent market share of the global bitumen emulsifiers market, owing to the rise in utilization of slow setting cold recycling, retrofitting, and roofing application across the globe.
Global Bitumen Emulsifiers Market Share by Emulsifier type, 2020 (%)
The Cationic emulsifiers Segment Anticipated to Hold Prominent Share in the Global Bitumen Emulsifiers Market
Cationic emulsifier is anticipated to hold the prominent market share of the bitumen emulsifiers market and is projected to showcase a potential growth over the projected period. Cationic emulsion of bitumen is widely adopted and is a preferable product for various road and building development & maintenance activities. Most of the aggregates used with bitumen emulsions are negatively charged, cationic bitumen emulsifiers are the most suitable to be used with them. This is strongly boosting the growth of cationic emulsifiers in bitumen emulsifiers market.
Regional Outlooks
The global bitumen emulsifiers market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). The market can be analyzed for region or country level as per the requirement. Among these, the North America region is expected to dominate the growth of the market. Followed by the Europe and Asia-Pacific due to the rise in introduction of various development programs of the infrastructure and others across the countries such as India and China, among others.
Global Bitumen Emulsifiers Market Growth, by Region 2021-2027
The North America Region Holds the Prominent Market Share in the Global Bitumen Emulsifiers Market
North America is projected to hold the significant share for bitumen emulsifiers market, as North America is a major consumer of bitumen emulsifiers. Countries including the US hold on to largest road network. Among which, most of them use bitumen emulsion for repairs and new constructions. Further, rapidly introducing several new road development projects the US government is expected to propel the growth of the bitumen emulsifiers market. For instance, in September 2019, the Government of the US introduced a $2 trillion investment plan to overhaul and upgrade the nation’s infrastructure. The proposal states that the government would fix 20,000 miles of roads and 10,000 bridges, while also addressing climate change.
Market Players Outlook
The major companies serving the global Bitumen Emulsifiers market include Arkema S.A., Evonik Industries AG, Ingevity Corp. group of companies, International Chemical Service Ltd., Nouryon Chemicals Holding B.V., Repsol, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in April 2019, Nouryon expanded its product line for asphalt market by introducing Wetfix G400. Wetfix G400 is a non-amine adhesion promoter derived from renewable resources and is compatible with PPA modified binders. The product launched offers more sustainable ingredient for the asphalt market and has exceptionally low odor.
The Report Covers
• Market value data analysis of 2020 and forecast to 2027.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global bitumen emulsifiers market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Bitumen Emulsifiers Market
• Recovery Scenario of Global Bitumen Emulsifiers Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
4. Arkema S.A.
4.1.1. Overview
4.1.2. Financial Analysis
4.1.3. SWOT Analysis
4.1.4. Recent Developments
4.2. Evonik Industries AG
4.2.1. Overview
4.2.2. Financial Analysis
4.2.3. SWOT Analysis
4.2.4. Recent Developments
4.3. Ingevity Corp.group of companies
4.3.1. Overview
4.3.2. Financial Analysis
4.3.3. SWOT Analysis
4.3.4. Recent Developments
4.4. Nouryon Chemicals Holding B.V.
4.4.1. Overview
4.4.2. Financial Analysis
4.4.3. SWOT Analysis
4.4.4. Recent Developments
4.5. Repsol S.A.
4.5.1. Overview
4.5.2. Financial Analysis
4.5.3. SWOT Analysis
4.5.4. Recent Developments
4.6. Key Strategy Analysis
4.7. Impact of Covid-19 on Key Players
5. Market Segmentation
5.1. Global Bitumen Emulsifiers Market by Emulsifier Type
5.1.1. Cationic Emulsifiers
5.1.2. Anionic Emulsifiers
5.1.3. Non-Ionic Emulsifiers
5.2. Global Bitumen Emulsifiers Market by Setting Type
5.2.1. Rapid Setting
5.2.2. Medium Setting
5.2.3. Slow Setting
5.3. Global Bitumen Emulsifiers Market by Application
5.3.1. Patch Repairs
5.3.2. Cold Storage Mixes
5.3.3. Surface Treatment
5.3.4. Cold Emulsion-Mineral Mixes
5.3.5. Tack Coats
5.3.6. Others (Recycling, Gravel Impregnation, and Slurry Seal)
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. South Korea
6.3.5. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Bedrock Chem Infra LLP
7.2. BitChem Asphalt Technologies Ltd.
7.3. Colas Ireland
7.4. Croda International Plc
7.5. Enfalt Emulsion and Asphalt Facilities Inc.
7.6. G R Infraprojects Ltd.
7.7. International Chemical Service Ltd.
7.8. Kao Corp.
7.9. Macismo International Ltd.
7.10. McAsphalt Industries Ltd.
7.11. Opal Paints Products Pvt. Ltd.
7.12. Petrochem Specialities
7.13. Pinova, Inc.
7.14. RAHABitumen, Inc.
7.15. Rex Fuels Management Pvt. Ltd.
7.16. Shaoxing Shangyu Simo Research Institute of Organic Chemistry
7.17. Royal Dutch Shell plc
7.18. The Dow Chemical Co.
7.19. Tiki Tar Industries
7.20. Tri-State Asphalt, LLC.
7.21. Vialit Asphalt GmbH & Co. KG
7.22. Zydex Industries.
1. GLOBAL BITUMEN EMULSIFIERS MARKET RESEARCH AND ANALYSIS BY EMULSIFIER TYPE, 2020-2027 ($ MILLION)
2. GLOBAL CATIONIC BITUMEN EMULSIFIERS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
3. GLOBAL ANIONIC BITUMEN EMULSIFIERS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
4. GLOBAL NON-IONIC BITUMEN EMULSIFIERS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
5. GLOBAL BITUMEN EMULSIFIERS MARKET RESEARCH AND ANALYSIS BY SETTING TYPE, 2020-2027 ($ MILLION)
6. GLOBAL BITUMEN EMULSIFIERS OF RAPID SETTING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
7. GLOBAL BITUMEN EMULSIFIERS OF MEDIUM SETTING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
8. GLOBAL BITUMEN EMULSIFIERS OF SLOW SETTING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
9. GLOBAL BITUMEN EMULSIFIERS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
10. GLOBAL BITUMEN EMULSIFIERS IN PATCH REPAIRS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
11. GLOBAL BITUMEN EMULSIFIERS IN COLD STORAGE MIXES MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
12. GLOBAL BITUMEN EMULSIFIERS IN SURFACE TREATMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
13. GLOBAL BITUMEN EMULSIFIERS IN COLD EMULSION-MINERAL MIXES MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
14. GLOBAL BITUMEN EMULSIFIERS IN TACK COATS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
15. GLOBAL BITUMEN EMULSIFIERS IN OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
16. GLOBAL BITUMEN EMULSIFIERS MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2020-2027 ($ MILLION)
17. NORTH AMERICAN BITUMEN EMULSIFIERS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
18. NORTH AMERICAN BITUMEN EMULSIFIERS MARKET RESEARCH AND ANALYSIS BY EMULSIFIER TYPE, 2020-2027 ($ MILLION)
19. NORTH AMERICAN BITUMEN EMULSIFIERS MARKET RESEARCH AND ANALYSIS BY SETTING TYPE, 2020-2027 ($ MILLION)
20. NORTH AMERICAN BITUMEN EMULSIFIERS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
21. EUROPEAN BITUMEN EMULSIFIERS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
22. EUROPEAN BITUMEN EMULSIFIERS MARKET RESEARCH AND ANALYSIS BY EMULSIFIER TYPE, 2020-2027 ($ MILLION)
23. EUROPEAN BITUMEN EMULSIFIERS MARKET RESEARCH AND ANALYSIS BY SETTING TYPE, 2020-2027 ($ MILLION)
24. EUROPEAN BITUMEN EMULSIFIERS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
25. ASIA-PACIFIC BITUMEN EMULSIFIERS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
26. ASIA-PACIFIC BITUMEN EMULSIFIERS MARKET RESEARCH AND ANALYSIS BY EMULSIFIER TYPE, 2020-2027 ($ MILLION)
27. ASIA-PACIFIC BITUMEN EMULSIFIERS MARKET RESEARCH AND ANALYSIS BY SETTING TYPE, 2020-2027 ($ MILLION)
28. ASIA-PACIFIC BITUMEN EMULSIFIERS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
29. REST OF THE WORLD BITUMEN EMULSIFIERS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
30. REST OF THE WORLD BITUMEN EMULSIFIERS MARKET RESEARCH AND ANALYSIS BY EMULSIFIER TYPE, 2020-2027 ($ MILLION)
31. REST OF THE WORLD BITUMEN EMULSIFIERS MARKET RESEARCH AND ANALYSIS BY SETTING TYPE, 2020-2027 ($ MILLION)
32. REST OF THE WORLD BITUMEN EMULSIFIERS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL BITUMEN EMULSIFIERS MARKET, 2020-2027 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL BITUMEN EMULSIFIERS MARKET BY SEGMENT, 2020-2027 ($ MILLION)
3. RECOVERY OF GLOBAL BITUMEN EMULSIFIERS MARKET, 2021-2027 (%)
4. GLOBAL BITUMEN EMULSIFIERS MARKET SHARE BY EMULSIFIER TYPE, 2020 VS 2027 (%)
5. GLOBAL CATIONIC BITUMEN EMULSIFIERS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
6. GLOBAL ANIONIC BITUMEN EMULSIFIERS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
7. GLOBAL NON-IONIC BITUMEN EMULSIFIERS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
8. GLOBAL BITUMEN EMULSIFIERS MARKET SHARE BY SETTING TYPE, 2020 VS 2027 (%)
9. GLOBAL BITUMEN EMULSIFIERS OF RAPID SETTING MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
10. GLOBAL BITUMEN EMULSIFIERS OF MEDIUM SETTING MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
11. GLOBAL BITUMEN EMULSIFIERS OF SLOW SETTING MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
12. GLOBAL BITUMEN EMULSIFIERS MARKET SHARE BY APPLICATION, 2020 VS 2027 (%)
13. GLOBAL BITUMEN EMULSIFIERS IN PATCH REPAIRS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
14. GLOBAL BITUMEN EMULSIFIERS IN COLD STORAGE MIXES MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
15. GLOBAL BITUMEN EMULSIFIERS IN SURFACE TREATMENT MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
16. GLOBAL BITUMEN EMULSIFIERS IN COLD EMULSION-MINERAL MIXES MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
17. GLOBAL BITUMEN EMULSIFIERS IN TACK COATS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
18. GLOBAL BITUMEN EMULSIFIERS IN OTHERS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
19. GLOBAL BITUMEN EMULSIFIERS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
20. US BITUMEN EMULSIFIERS MARKET SIZE, 2020-2027 ($ MILLION)
21. CANADA BITUMEN EMULSIFIERS MARKET SIZE, 2020-2027 ($ MILLION)
22. UK BITUMEN EMULSIFIERS MARKET SIZE, 2020-2027 ($ MILLION)
23. FRANCE BITUMEN EMULSIFIERS MARKET SIZE, 2020-2027 ($ MILLION)
24. GERMANY BITUMEN EMULSIFIERS MARKET SIZE, 2020-2027 ($ MILLION)
25. ITALY BITUMEN EMULSIFIERS MARKET SIZE, 2020-2027 ($ MILLION)
26. SPAIN BITUMEN EMULSIFIERS MARKET SIZE, 2020-2027 ($ MILLION)
27. REST OF EUROPE BITUMEN EMULSIFIERS MARKET SIZE, 2020-2027 ($ MILLION)
28. INDIA BITUMEN EMULSIFIERS MARKET SIZE, 2020-2027 ($ MILLION)
29. CHINA BITUMEN EMULSIFIERS MARKET SIZE, 2020-2027 ($ MILLION)
30. JAPAN BITUMEN EMULSIFIERS MARKET SIZE, 2020-2027 ($ MILLION)
31. SOUTH KOREA BITUMEN EMULSIFIERS MARKET SIZE, 2020-2027 ($ MILLION)
32. REST OF ASIA-PACIFIC BITUMEN EMULSIFIERS MARKET SIZE, 2020-2027 ($ MILLION)
33. REST OF THE WORLD BITUMEN EMULSIFIERS MARKET SIZE, 2020-2027 ($ MILLION)
