Bitumen Emulsions were created in 1900 and since then it has been exponentially developed. Bitumen emulsion is a mixture of water& bitumen, but bitumen is a petroleum product and it is soluble with water. Here emulsifiers come into play. Emulsifier changes the properties so that water and bitumen can interact better. Emulsifier not let bitumen mixed with other droplets which help the bitumen to be in its fine droplet state and fine droplets are easily suspend in water. This doesn’t require heating or any other application which saves the energy cost.
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Market Growth Factors
Growing road construction, road maintenance and increased soil stabilization activities, are expected to drive the growth for this market during upcoming years. Soil stabilization enhanced the physical properties of soil. Soil stabilization provides the control over shrink-swell properties and increase shear strength of soil. Asphalt emulsion is advantageous for road maintenance as it reduces the working time and provides workable conditions. Newly developed technologies such as cold application also make it handy and efficient tool for road construction and maintenance. Growth of construction & development industry across globe and rapid pace of urbanization in Asia-Pacific region are some of the other growth drivers for bitumen emulsifiers market.
Bitumen Emulsifiers Market is segmented on the basis of product type, setting type, applications methods and End Use. On the basis of product type market is classified as Anionic, Cationic, and Non ionic . Cationic emulsion is the largest in this category because it is more preferred emulsion as it has better adhesion properties than other two. Bitumen droplets attract towards cathode and hence it is known as Cationic emulsion. Positively charged droplets of bitumen attract towards the negatively charged surface and begin to break which lead to the suspension. On the basis of setting type, market is categorized as Rapid, all the droplets repel each other and remain as distinct bitumen drops in suspension, Medium and Slow.
Evaporation of water causes the separation of water from bitumen and the speed at which water evaporates classified as Rapid, Medium and Slow. Rapid setting type emulsifiers leads the market in this category and likely to grow in future. On the basis of application method market is divides into Spray and mixing. Spray application is likely to be largest than mixing application. Spray application includes tack coat, prime coat, fog seal, chip seal and others. According to end use application market is classified into polymer modified and unmodified bitumen emulsifiers. Unmodified bitumen emulsifiers expected to lead this category because of their low cost, easy production process and availably.
As per the regional analysis predictive analytics market is fragmented into different number of regions like-
• North America
o Rest of Europe
o South Korea
o Rest of Asia-Pacific
o South Africa
o Rest of the LAMEA
Asia Pacific is expected to be the largest market for Bitumen Emulsifiers, followed by North America and Europe. . India and China are dominating this reason because huge investments by their governments in infrastructure building and improving the road network across the country.
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Prominent players from global bitumen emulsifiers market are
- Opal Paints Products,
- Kao Corporation Petrochem Specialities,
- The Dow Chemical Company,
- Evonik Industries AG Vizag Chemical,
- RX Marine International and others.
Merger and Acquisitions are the key strategies adopted by key players to strengthen their position in this market. Bitumen emulsifiers Market is comprises of the global as well as small regional players.
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