Bitumen Emulsifiers Market In-Depth Progress Research 2021-2031
COVID-19 Impact on Bitumen Emulsifiers Market
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On January 30, 2020, the
International Health Regulations Emergency Committee of the World Health
Organization (WHO) declared the Coronavirus disease (COVID-19) outbreak a
public health emergency of international concern. Originating in China, the
virus has spread to at least 214 countries and territories around the world.
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Several governments and private
sector businesses are operating at a limited capacity or have ceased operations
completely due to recent events surrounding the COVID-19 pandemic
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Manufacture of various consumer goods
and other products across the globe came to a halt due to the unavailability of
raw materials, shortage of labor, etc. This is expected to hamper the bitumen
emulsifiers market.
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Key Drivers and Restraints of Bitumen Emulsifiers Market
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Bitumen emulsifiers are primarily
used in the global building & construction sector, due to superior
protection that they offer to structures. Most civil engineers and civil
contractors have been using protection and strength-improving bitumen emulsifiers
over the last few years to improve the durability of public structures and
roads across the world. Increase in activities in construction; and maintenance
and repair of roads, pavements, and highways across the globe are expected to
fuel the global bitumen emulsifiers market in the next few years.
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Significant investments have been
witnessed in the building & construction industry in the last few years.
Improvement in economic conditions in developing economies, especially in the
construction sector, is anticipated to boost the global bitumen emulsifiers
market in the near future.
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Storage time of bitumen emulsion
ranges from a few days to six months, depending upon the percentage of bitumen
added during production. The setting time may vary depending upon temperature,
wind, and type of emulsion. This is expected to hamper the bitumen emulsifiers
market in the future.
Asia Pacific to Hold Leading Share of Bitumen Emulsifiers Market
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In terms of region, the bitumen
emulsifiers market can be divided into North America, Europe, Asia Pacific,
Latin America, and Middle East & Africa
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Asia Pacific is expected to hold
major share of the global bitumen emulsifiers market, followed by North America
and Europe, during the forecast period. Rise in construction activities in
China, Japan, and India is expected to create lucrative opportunities for the
market in the region during the forecast period.
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Increase in private investments in
developing economies in Asia Pacific, such as Indonesia and Vietnam, is a major
factor anticipated to drive the market in the region during the forecast period
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Road construction activities are
increasing in North America. Maintenance and repair of these roads require high
volume of bitumen emulsions. This is anticipated to drive the demand for
bitumen emulsifiers in North America.
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The bitumen emulsifiers market in
Latin America and Middle East & Africa is projected to expand at a moderate
pace in the near future. Increase in government expenditure on the construction
of development projects and public infrastructures is projected to drive the
demand for bitumen emulsifiers in these regions in the next few years.
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Key Manufacturers Operating in Bitumen Emulsifiers Market
The
bitumen emulsifiers market was consolidated in 2020. Major players have
prominent presence in developed and developing countries. Key manufacturers
operating in the bitumen emulsifiers market include:
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Nouryon
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Arkema Group
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Evonik Industries
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Opal Paints Products Pvt. Ltd.
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Croda International Plc.
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Tristate Asphalt LLC
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RAHA Bitumen Co.
Bitumen Emulsifiers Market: Research Scope
Bitumen Emulsifiers Market, by Surface Charge
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Anionic Bitumen Emulsifier
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Cationic Bitumen Emulsifier
Bitumen Emulsifiers Market, by Setting Time
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Slow Setting
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Medium Setting
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Rapid Setting
Bitumen Emulsifiers Market, by Application
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Spray
o
Surface dressing
o
Prime coat
o
Tack coats
o
Patch repairs
o
Others
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Bitumen Emulsifiers, by Surface Charge
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In terms of surface charge, the
global bitumen emulsifiers market can be divided into cationic bitumen
emulsifier and anionic bitumen emulsifier
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The cationic bitumen emulsifier
segment is projected to hold a major share of the global bitumen emulsifiers
market during the forecast period. Cationic bitumen is the commonly used
emulsifier in construction and maintenance activities.
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In anionic bitumen emulsion, the tiny
droplets of bitumen are electronegative recharged. In cationic bitumen
emulsion, the tiny droplets of bitumen are electro positively charged.
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Selection of cationic or anionic
emulsifier depends upon the mineral composition of aggregate on which it is
used. Suitability of cationic bitumen emulsifier with wide range of aggregates
owing to its good adhesion and coating properties is boosting the demand for
cationic bitumen emulsifiers. In turn, this is driving the global bitumen
emulsifiers market.
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