Bitumen Emulsifiers Market Growth Analysis - By Product, Setting Type, Application, End-use and Region-Forecasts, 2024

Bitumen Emulsifiers Market is fragmented into anionic, non-ionic, and cationic types. In 2016, cationic accounted for around two-third 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 product market.

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The growing investments in road construction and modern building development can be aptly credited for the growth of bitumen emulsifiers market. With the increasing demand for bitumen emulsifier as an asphalt binder pertaining to its anti-stripping characteristics, bitumen emulsifier market share will escalate remarkably over the years ahead. Bitumen emulsions are mainly used in areas where bulky machineries are not accessible. Also, the necessity to heat the emulsifier is perpetually eliminated, due to its lesser viscosity resulting into improved spreadability, which provides a much better coating over the surface of aggregate.

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 market 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.

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

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. 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.

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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.

The growing implementation of international trade relationship strategies will ultimately lead to the demand for major transportation facilities. In this regard, it is prudent to state that infrastructure development activities are slated to expedite overall bitumen emulsifiers industry share in the ensuing years. Aided by government investments in the construction sector, in conjunction with the efforts put in by numerous companies to bring forth a slew of innovative products, bitumen emulsifiers market size is forecast to cross USD 150 million by 2024.

Major Point From Table Of Content:

Chapter 4. Bitumen Emulsifiers Market, Product By Setting Type

4.1. Global bitumen emulsifiers market share by product, 2016 & 2024

4.2. Anionic

4.2.1. Bitumen emulsifiers market estimates and forecasts by setting type, 2013 – 2024

· Rapid

· Medium

· Slow

4.2.2. Bitumen emulsifiers market estimates and forecasts by region, 2013 – 2024

4.3. Cationic

4.3.1. Market estimates and forecasts by setting type, 2013 – 2024

· Rapid

· Medium

· Slow

4.3.2. Market estimates and forecasts by region, 2013 – 2024

4.4. Non-ionic

4.4.1. Market estimates and forecasts by setting type, 2013 – 2024

· Rapid

· Medium

· Slow

4.4.2. Market estimates and forecasts by region, 2013 – 2024

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/bitumen-emulsifiers-market

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