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Opportunities For The Global Bitumen Emulsifier Market Is Expected To Grow With A Cagr Of 3.6%
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 ($M) shipment analysis for 2013 – 2024]:
By Product Type [Value ($M) shipment analysis for 2013-2024]:
• Unmodified bitumen emulsifier
• Polymer modified bitumen emulsifier
By Application [Value ($M) shipment analysis for 2013 – 2024]:
• Surface dressing
• Prime coat
• Fog seal
• Tack coat
• Cold mix
• Micro surfacing
By Surface Charge Type [Volume (M lbs) and ($M) shipment analysis for 2013 – 2024]:
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
− The United Kingdom
• Asia Pacific
− 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 email@example.com. Lucintel offerings include chemical market research reports, chemical industry analysis report, commercial due diligence report, business strategy consulting and market research reports online.
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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