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Bitumen Emulsifiers Market Forecast by Key Players: AkzoNobel, Arkema, The Dow Chemical Company, Evonik, Ingevity, Petrochem, Pinova, Subsidiary of DRT, Industrial Oleochemical Products, Kao Corporation S.A.

Bitumen Emulsifiers Market

Bitumen Emulsifiers Market

Bitumen Emulsifiers Market to surpass USD 150 million by 2024; according to a new research report. 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. The emulsifiers have a hydrophilic head, which faces the water phase and asphalt surface, attracting the hydrophobic tail of emulsifiers and helping the water and asphalt to mix. The increase in the use of asphalt emulsion will drive the bitumen emulsifier market by the end of 2024.

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Based on application, the industry has been segmented into mixing and spray applications. Tack coat is a major spray application sub-segmented which will grow by a CAGR of around 5% in the forecast period. Tack coat is an application of asphalt emulsion that provides a bond between the existing pavement and a new overlay and helps increase the fatigue life of pavements at low cost. Slurry seal & micro surfacing is an important sub-segment under the mixing applications category. The extensive usage of slurry seal & micro surfacing applications in road repairing activities will propel its industry development in the future.

Based on end-use, the industry is segmented into unmodified bitumen and polymer modified. The use of polymer modified asphalt emulsions has been gaining popularity for construction of pavements and buildings. Thermoplastic elastomers, thermoplastic polymers, and thermosetting polymers are used to enhance the properties of asphalt emulsions. Their enhanced properties make them a sought-after product in the construction of high speed roadways. This end-use segment will grow with more than 5% CAGR during the study period.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. AkzoNobel
2. Arkema
3. Opal Paints Products Pvt Ltd
4. Industrial Oleochemical Products
5. Petrochem
6. Kao Corporation S.A.
7. Ingevity
8. The Dow Chemical Company
9. Evonik
10. Chemoran
11. RX Marine International
12. Pinova, Subsidiary of DRT
13. Shaoxing Marina Biotechnology Co.,Ltd.
14. vizag chemical
15. G R Infra Project Limited

Bitumen Emulsifiers Market, Product by Setting Type
• Anionic emulsifiers
o Rapid
o Medium
o Slow
• Cationic emulsifiers
o Rapid
o Medium
o Slow
• Non-ionic emulsifiers
o Rapid
o Medium
o Slow
Bitumen Emulsifiers Market by Setting Type
• Rapid setting
• Medium setting
• Slow setting
Bitumen Emulsifiers Market by Application
• Spray application
o Surface dressing
o Tack coat
o Prime coat
o Others
• Mixing application
o Cold mix
o Grave emulsion
o Slurry seal & micro surfacing
o Others

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North American bitumen emulsifiers market development will be propelled by the mounting demand for asphalt emulsions for road maintenance activities in this region. The U.S. has the largest road network in the world and a massive amount of asphalt emulsion is needed for their repair and maintenance. Increasing number of road construction as well enlargement projects in the country will also drive the bitumen emulsifiers market development in the region.

The major participants of the 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.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com

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