Bitumen Emulsifiers Market- Growth, Trends, COVID-19 Impact and Forecasts(2022-2029)

Bitumen Emulsifiers Market was valued at US$ 246 Mn. in 2021. The Global Bitumen Emulsifiers Market size is estimated to grow at a CAGR of 4.7 % over the forecast period.
Bitumen Emulsifiers Market Overview:
The report explores the Bitumen Emulsifiers market's segments (Product Type, Setting Time, Application, and Region). Data has been provided by market participants and regions (North America, Asia Pacific, Europe, Middle East & Africa, and South America). This market report provides a thorough analysis of the rapid advances that are currently taking place across all industry sectors. Facts and figures, illustrations, and presentations are used to provide key data analysis for the historical period from 2017 to 2021. The report investigates the Bitumen Emulsifiers market's drivers, limitations, prospects, and barriers. This MMR report includes investor recommendations based on a thorough examination of the Bitumen Emulsifiers market's contemporary competitive scenario.To know about the Research Methodology :- Request Free Sample Report
Bitumen Emulsifiers Market Dynamics:
Growing use of Bitumen Emulsifiers in the additives:

Bitumen Emulsifiers are used as additives that are added to the Bitumens for stabilizing the bitumen slurry with water. The Emulsifier is a surface-active agent that allows dilutions with water. The use of the Bitumen Emulsifiers has been increased in the global market at fair rates. The growth in the Bitumen Emulsifier market can be increased with the more developed projects across the countries. The demand for the quick setting Bitumen Emulsifiers has grown at positive rates in the past and is expected to drive the market during the forecast period. This has happened because of rapid urbanization and modernization, which is increased due to the continuous growth in the population.

The development of infrastructure is ultimately contributing to the country's economy. The rise in the Bitumen Emulsifier market is the result of road construction due to Urbanization in developing countries and the repairs of the existing roads in developed and underdeveloped countries. The world's largest road network is found in the US, which is further followed by China and India. The road network of the US comprises almost 4.4 million kilometers of paved roads, a maximum of which is repaired by Bitumen Emulsifiers for the repair and the new constructions. According to the Government statistics, the roads which have been built are almost 30km per day. The demand for the regions is expected to increase further.

Majorly, the consumption of the Bitumen Emulsifier is increased due to the rise in recycling and repair rates. The recycling and repair rates have reached above 85% by 2021. The Bitumen Emulsifiers are mostly used for the construction of the road because it requires less time to settle and provides better coatings in all climatic conditions. Roadways are one of the most used modes of transportation, and the Government is also providing a huge investment in the development and construction of roads. These factors are propelling the growth of the Bitumen Emulsions Market during the forecast period.

Bitumen Emulsifiers Storage Time ranges from Some Days to Weeks:

The Bitumen Emulsifiers are used majorly in the construction and the repairs of the roads. The Bitumen Emulsifiers require less time to settle and provide better coatings in all climatic conditions. But according to the Market Analysts, the Bitumen Emulsifiers are creating a negative impact on the environment, which is one of the major factors in restraining the Bitumen Emulsifiers Market overall growth. The storage time in the Bitumen Emulsion ranges from a few days to six months. The storage time depends upon the percentage of Bitumen added during the production. The setting times may vary depending upon the temperature, wind, and the Product type of the emulsion. These all factors are expected to impact the growth of the Bitumen Emulsifier Market negatively, which would further restrain the market's overall growth during the forecast period.

Growing Urbanization is Creating Growth in the Market:

The Bitumen Emulsifier is a combination of water and bitumen. Bitumen is used in the construction of roads in developing and underdeveloped countries. In developed countries, it is used in the recycling and repairs of the roads. Bitumen Emulsifier contains anti-stripping properties. It includes ground permeation, protection of concrete structure, coating of metal surfaces, electro and heat insulation materials, production of waterproof cardboard, sand grouting, soil insulation, and waterproofing. The government of the countries is also providing a huge investment for the construction and repairs of the roads. Requires less time to settle, and provides better coatings in all climatic conditions. The growing Urbanization is boosting the construction of well-developed roads in the countries, which would result in a growing economy. These factors are creating a positive impact on the growth of the Bitumen Emulsifier growth.

Strict Governments regulation for the Protection of the Environment:

The strict regulation of the government for protecting the environment is creating a challenge for the growth of the Bitumen Emulsifier Market. Bitumen Emulsifiers are creating a negative impact on the environment, which is one of the major factors in restraining the Bitumen Emulsifiers Market's overall growth. This is the major challenge for the growing Market for the Bitumen Emulsifiers.

Bitumen Emulsifiers Market Trends:

Bitumen Emulsifiers are used as additives that are added to the Bitumens for stabilizing the bitumen slurry with water. The Emulsifier is a surface-active agent that allows dilutions with water. The use of the Bitumen Emulsifiers has been increased in the global market at fair rates. The growth in the Bitumen Emulsifier market can be increased with the more developed projects across the countries. The development of infrastructure is ultimately contributing to the country's economy. The rise in the Bitumen Emulsifier market is the result of road construction due to Urbanization in developing countries and the repairs of the existing roads in developed and underdeveloped countries. The recycling and repair rates have reached above 85% by 2021. provides better coatings in all climatic conditions. Roadways are one of the most used modes of transportation, and the Government is also providing a huge investment in the development and construction of roads. The growing Urbanization is boosting the construction of well-developed roads in the countries, which would result in a growing economy. These factors are increasing the growth of the Bitumen Emulsifiers Market across the globe.
Bitumen Emulsifiers Market Segment Analysis:
Based on Product Type, the Bitumen Emulsifier is segmented into Cationic Bitumen, Anionic Bitumen, and Non-Ionic Bitumen. The Cationic Bitumen segment holds the maximum market share of the Bitumen Emulsifier market. As the Cationic Bitumen is mixed with water and other additives and forms a stable liquid which further acts as an aggregator. Whenever used with different metals, it can be applied to pavements and others. It is generating a huge revenue of $90 million, and further, it is expected to grow during the forecasted period. Hence the Cationic Bitumen segment holds the maximum market share of the Bitumen Emulsifier market.

Based on the Application, the Bitumen Emulsifier is segmented into Spraying and Mixing. The Spraying is further segmented into Track Coat, Prime Coat, Surface Dressing, and Penetration Macadam. The Mixing is further segmented into Storable Cold Mix, Recycling, Grave Emulsion and Slurry Seal, and Micro-surfacing. The Mixing segment holds the maximum market share of the Bitumen Emulsifiers Market. Due to the increase in Urbanisation and Modernisation, there is a significant growth in the demand for Mixing applications of Bitumen Emulsifiers. Hence the Mixing segment holds the maximum market share of the Bitumen Emulsifiers Market.
Bitumen Emulsifiers Market Regional Insights:
The North American region held the largest market share accounting for 83% in 2021. North America dominates the Bitumen Emulsifiers market as the North American region is considered due to the maintenance and repairs of the roads, which would require a very high volume of the bitumen emulsion, which will drive the demand for Bitumen Emulsifiers market. The region is also expected to have a demand of over 60-kilo tons by 2029. The Government is also making huge investments in the development of new roads, which is expected to drive the market growth during the forecast period.

The Europe region is expected to witness significant growth at a CAGR of 4.6% through the forecast period. Due to the growing population, urbanization is also growing in the European countries. The development of national highways is also taking place due to which there is a high demand for the supply of Bitumen Emulsifiers Market. Hence the Europe region is expected to witness significant growth.

The objective of the report is to present a comprehensive analysis of the global Bitumen Emulsifiers Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear, futuristic view of the industry to the decision-makers.

The reports also help in understanding the Bitumen Emulsifiers Market dynamic and structure by analyzing the market segments and projecting the Bitumen Emulsifiers Market size. Clear representation of competitive analysis of key players by Design, price, financial position, product portfolio, growth strategies, and regional presence in the Bitumen Emulsifiers Market make the report investor’s guide.
Bitumen Emulsifiers Market Scope: Inquiry Before Buying



Bitumen Emulsifiers Market


Base Year
2021
Forecast Period
2022-2029


Historical Data
CAGR
Market Size in 2021
Market Size in 2029


2017 to 2021
4.7%
US$ 246 Mn
US$ 355.22 Mn


Segments Covered


by Product
• Cationic
• Anionic
• Non-Ionic
by Type
• Slow Setting
• Medium Setting
• Rapid Setting
by Application
• Spraying
o Track Coat
o Medium Setting
o Rapid Setting
• Mixing
o Storable Cold Mix
o Recycling
o Grave-Emulsion
o Slurry Seal & Micro Surfacing


Regions Covered


North America
• United States
• Canada
• Mexico
Europe
• UK
• France
• Germany
• Italy
• Spain
• Sweden
• Austria
• Rest of Europe
Asia Pacific
• China
• S Korea
• Japan
• India
• Australia
• Indonesia
• Malaysia
• Vietnam
• Taiwan
• Bangladesh
• Pakistan
• Rest of APAC
Middle East and Africa
• South Africa
• GCC
• Egypt
• Nigeria
• Rest of ME&A
South America
• Brazil
• Argentina
• Rest of South America



Bitumen Emulsifiers Market Key Players
• Nouryon
• Arkema Group
• Evonik Industries
• Opal Paints Products Pvt. Ltd.
• Croda International Plc.
• Tristate Asphalt LLC
• RAHA Bitumen Co.
• RX Marine International
• Jiangxi Simo Biological Chemical Co., Ltd.
• Chemoran
• Kao Corporation
• G R Infraprojects Ltd.
• Jiangxi SIMO Biological Chemical Co. Ltd
• Indian Oil Corporation
• JX Nippon Oil & Energy Corporation
• Total S.A.
• British Petroleum
• Royal Dutch Shell Plc
• China Petrochemical Corporation
• Marathon Oil Company
• Chevron Texaco Corporation
• Nynas AB.

Frequently Asked Questions:

1. Which region has the largest share in Global Bitumen Emulsifiers Market?
Ans: Asia Pacific region held the highest share in 2021.

2. What is the growth rate of Global Bitumen Emulsifiers Market?
Ans: The Global Bitumen Emulsifiers Market is growing at a CAGR of 4.7% during forecasting period 2022-2029.

3. What is scope of the Global Bitumen Emulsifiers Market report?
Ans: Global Bitumen Emulsifiers Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Bitumen Emulsifiers Market?
Ans: The important key players in the Global Bitumen Emulsifiers Market are – Nouryon, Arkema Group, Evonik Industries, Opal Paints Products Pvt. Ltd., Croda International Plc., Tristate Asphalt LLC, RAHA Bitumen Co., RX Marine International, Jiangxi Simo Biological Chemical Co., Ltd., Chemoran, Kao Corporation, G R Infraprojects Ltd., Jiangxi SIMO Biological Chemical Co. Ltd, Indian Oil Corporation, JX Nippon Oil & Energy Corporation, Total S.A., British Petroleum, Royal Dutch Shell Plc, China Petrochemical Corporation, Marathon Oil Company, Chevron Texaco Corporation, and Nynas AB.

5. What is the study period of this Market?
Ans: The Global Bitumen Emulsifiers Market is studied from 2021 to 2029.