The global bitumen emulsifiers market is anticipated to grow at a significant CAGR of 4.5% during the forecast period. Rise in road construction activities in the emerging economies such as India, Malaysia, and others are offering significant boost to the growth of global bitumen emulsifier market. Bitumen emulsifiers are mainly used for road repair and maintenance work, which requires a high volume of bitumen emulsions, further driving the demand and utilization of the emulsifiers. Another factor propelling the growth of the market is rising government initiatives to develop and improve infrastructure and roadways along with the repair of existing roads and structures. As per the Government of India, the country has initiated several investment programs in road sector and infrastructure to support and improve logistics performance previous year. For instance, in December 2020, the Government of India and the World Bank signed a $500 million project to construct safe and green national highway corridors in the states of Rajasthan, Himachal Pradesh, Uttar Pradesh, and Andhra Pradesh.
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The global bitumen emulsifiers market is segmented based on the emulsifier type, setting type, and application. Based on the emulsifier type, the market is segmented into cationic emulsifiers, anionic emulsifiers, and non-ionic emulsifiers. Based on the setting type, the market is sub-segmented into the rapid setting, medium setting, and slow setting. Based on the application, the market is segmented into patch repairs, cold storage mixes, surface treatment, cold emulsion-mineral mixes, tack coats and others (recycling, gravel impregnation, slurry seal). The above mentioned segments can be customized as per the requirements. Among the setting type, the slow setting segment is expected to hold prominent market share of the global bitumen emulsifiers market, owing to the rise in utilization of slow setting cold recycling, retrofitting, and roofing application across the globe.
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Global Bitumen Emulsifiers Market Segmentation
By Emulsifier Type
- Cationic Emulsifiers
- Anionic Emulsifiers
- Non-Ionic Emulsifiers
By Setting Type
- Rapid Setting
- Medium Setting
- Slow Setting
By Application
- Patch Repairs
- Cold Storage Mixes
- Surface Treatment
- Cold Emulsion-Mineral Mixes
- Tack Coats
- Others (Recycling, Gravel Impregnation, and Slurry Seal)
Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
Company Profiles
- Bedrock Chem Infra LLP
- BitChem Asphalt Technologies Ltd.
- Colas Ireland
- Croda International Plc
- Enfalt Emulsion and Asphalt Facilities Inc.
- G R Infraprojects Ltd.
- International Chemical Service Ltd.
- Kao Corp.
- Macismo International Ltd.
- McAsphalt Industries Ltd.
- Opal Paints Products Pvt. Ltd.
- Petrochem Specialities
- Pinova, Inc.
- RAHABitumen, Inc.
- Rex Fuels Management Pvt. Ltd.
- Shaoxing Shangyu Simo Research Institute of Organic Chemistry
- Royal Dutch Shell plc
- The Dow Chemical Co.
- Tiki Tar Industries
- Tri-State Asphalt, LLC.
- Vialit Asphalt GmbH & Co. KG
- Zydex Industries.
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