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 global bitumen
emulsifier market is expected to grow with a CAGR of 3.6% from 2019 to 2024. The major
drivers for this market are increasing road development and maintenance
activities, rapid urbanization, and growth in the building and construction
sector.
In this market, polymer modified and non
modified bitumen emulsifiers are used in various end use industries. 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 industry, includes development
of environment friendly, toxic free bio-asphalt. AkzoNobel, Kao Corporation,
Arkema, Evonik Industries,
DowDupont Honeywell International, Ingevity Corporation, Croda
international, Vizag Chemical, and Rx Marine are among the major suppliers of bitumen
emulsifiers.
Lucintel, a
leading global strategic consulting and market research firm, has analyzed growth opportunities in the
global bitumen emulsifier market by surface charge, end use type, application,
setting time, and region. Lucintel has prepared a comprehensive research report
entitled “Growth
Opportunities in the Global Bitumen Emulsifier Market 2019-2024: 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 global bitumen
emulsifier market by surface charge, end use, product type, application,
setting time, and region.as follows:
By End Use [Volume (M lbs) and ($M) shipment
analysis for 2013 – 2024]:
- Roadways
- Roofing
- Others
By Product Type [Value ($M) shipment analysis
for 2013-2024]:
- Unmodified bitumen emulsifier
- Polymer modified bitumen emulsifier
By Application [Value ($M) shipment analysis
for 2013 – 2024]:
- Surface dressing
- Prime coat
- Fog seal
- Tack coat
- Cold mix
- Micro surfacing
- Recycling
- Others
By Surface Charge Type [Volume (M lbs) and ($M)
shipment analysis for 2013 – 2024]:
- Cationic
- Anionic
- Non-ionic
By Setting Time [Value ($M) shipment analysis
for 2013 – 2024]:
- Rapid setting time
- Medium setting time
- Slow setting time
By Region [Volume and ($M) shipment analysis
for 2013 – 2024]:
· North America
−
US
−
Canada
−
Mexico
· Europe
−
Germany
−
The United Kingdom
−
France
−
Russia
· Asia Pacific
−
China
−
Japan
−
India
−
South Korea
· The Rest of the World
−
Brazil
−
Argentina
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 helpdesk@lucintel.com. Lucintel
offerings include chemical
market research reports, chemical
industry analysis report, commercial due diligence
report, business
strategy consulting and market
research reports online.
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates winning strategies for growth. We offer
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.
This
report answers following 11 key questions:
Q.1 What are some of the most promising
potential, high growth opportunities for the global bitumen emulsifier market
by end use (roadways, roofing, and others), surface charge type (cationic,
anionic, and non-ionic type), product type (unmodified bitumen emulsifier, and polymer
modified bitumen emulsifier), application (surface dressing, prime coat, fog
seal, tack coat, cold mix, micro surfacing, recycling, and others), setting
time (rapid, medium, and slow) and region (North America, Europe, Asia Pacific,
and the Rest of the World)?
Q. 2 Which segments will grow at a faster pace
and why?
Q.3 Which regions will grow at a faster pace
and why?
Q.4 What are the key factors affecting market
dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to
the market?
Q.6 What are the emerging trends in this
market and the reasons behind them?
Q.7 What are the changing demands of customers
in the market?
Q.8 What are the new developments in the
market? Which companies are leading these developments?
Q.9 Who are the major players in this market?
What strategic initiatives are being implemented by key players for business
growth?
Q.10 What are some of the competitive products
and processes in this area and how big of a threat do they pose for loss of
market share via material or product substitution?
Q.11 What M & A activities have taken place
in the last 5 years in this market?
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