According to a new market report published by Lucintel, the future of the bitumen emulsifier market looks promising with opportunities in the roadways, roofing, and other market. The bitumen emulsifier market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to grow with a CAGR of 2% to 4% from 2020 to 2025. The major drivers for this market are increasing road development and maintenance activities, rapid urbanization, and growth in the building and construction sector.
Browse 121 market data tables and 139 figures spread through 225 pages and in-depth TOC on “Bitumen Emulsifier Market"
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In this market, different types of bitumen emulsifier such as unmodified bitumen emulsifier, and polymer modified bitumen emulsifier are used as product type. Lucintel forecast that non modified bitumen emulsifier will remain the largest segment over the forecast period due to rising investments for the construction of new highways and residential projects in developing countries. Polymer modified bitumen emulsifier is expected to witness the highest growth due to increasing construction of high speed roadways, a rising number of sports events, and a need for updated runways at airports.
Within the bitumen emulsifier market, roadways will remain the largest end use market and it is also expected to witness the highest growth due to increase in roadways development and maintenance activities.
Asia Pacific will remain the largest region and it is also expeted to witness the highest growth over the forecast period due to the growth of road development and building and construction in developing countries.
An emerging trend, that has a direct impact on the dynamics of the bitumen emulsifier industry, includes development of environment friendly, toxic free bio-asphalt. kzoNobel, Kao Corporation, Arkema, Evonik Industries, DowDupont Honeywell International, Ingevity Corporation, Croda international, Vizag Chemical, and Rx Marine are among the major bitumen emulsifier manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed the bitumen emulsifier market by surface charge, end use, product type, application, setting time, and region and has come up with a comprehensive research report entitled “Growth Opportunities in the Bitumen Emulsifier Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the bitumen emulsifier market by surface charge, end use, product type, application, setting time, and region as follows:
By End Use [Volume (M lbs) and ($M) shipment analysis for 2014 – 2025]:
By Product Type [Value ($M) shipment analysis for 2014-2025]:
Unmodified bitumen emulsifier
Polymer modified bitumen emulsifier
By Application [Value ($M) shipment analysis for 2014 – 2025]:
Surface dressing
Prime coat
Fog seal
Tack coat
Cold mix
Micro surfacing
Recycling
Others
By Surface Charge Type [Volume (M lbs) and ($M) shipment analysis for 2014 – 2025]:
Cationic
Anionic
Non-ionic
By Setting Time [Value ($M) shipment analysis for 2014 – 2025]:
Rapid setting time
Medium setting time
Slow setting time
By Region [Volume and ($M) shipment analysis for 2014 – 2025]:
North America
Europe
Germany
The United Kingdom
France
Russia
Asia Pacific
China
Japan
India
South Korea
The Rest of the World
This 225-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/bitumen-emulsifier-market.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.