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Bitumen Emulsifiers Market Share

Report ID: GMI2248
Published Date: Oct 2021
Report Format: PDF

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Bitumen Emulsifiers Market Share

The market players involved in the bitumen emulsifiers industry are adopting several strategic developments to gain a competitive edge and reinforce their industry foothold. Acquisitions, mergers, product launches, geographical expansion, and partnerships, among others are some of the key initiatives taken by these manufacturers.

For instance, in May 2020, Ingevity advanced its adsorbed natural gas program by acquiring the assets of ANGP, Inc. and initiated new pilot initiatives with several natural gas utilities. This move resulted in a rise in the revenue of performance materials segment by 4% while EBITDA was up by 17% compared to the previous year.

Some of the major producers of bitumen emulsifiers are

Ingevity Corporation
Nouryon
Arkema Group
Opal Paints Products Pvt. Ltd.
ENFALT
Petrochem Specialities
Kao Corporation
Vialit
The Dow Chemical Company
Evonik
Chemoran
RX Marine International
Pinova, Inc.
Shaoxing Shangyu Simo Research Institute of Organic Chemistry
Vizag Chemicals
G R Infraprojects Ltd. (GRIL).

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global bitumen emulsifiers market share was over USD 245 million in 2020 and will observe a CAGR of more than 4.6% through 2027 driven by higher application scope to exhibit superior characteristics in comparison to conventional emulsions.

Bitumen emulsion, which is a mixture of fine droplets of bitumen, emulsifier, and water, is widely adopted as a binder in road construction and maintenance activities.

Cationic bitumen emulsifier products held over 75% of the overall industry remuneration in 2020 due to increasing penetration in a vast number of road and building development & maintenance activities.

Revenue of the slow setting type bitumen emulsifiers industry is expected to surpass USD 100 million through 2027 due to higher usage in cold mix, cold recycling, stabilization, and waterproofing & roofing applications.

North America bitumen emulsifiers market will cross 55 kilo tons in terms of volume by 2027 driven by the rise in the number of maintenance and repair activities of roads in the region.