GITNUX MARKETDATA REPORT 2024

Bitumen Emulsifiers Industry Statistics

The global bitumen emulsifiers industry is projected to experience steady growth over the forecast period due to increasing demand for road construction and infrastructure development projects.

Highlights: Bitumen Emulsifiers Industry Statistics

  • Global bitumen emulsifiers market size was valued at $144.31 million in 2020.
  • Non-ionic emulsifiers accounted for over 31% of the share in the bitumen emulsifiers market as of 2020.
  • Rapid Setting (RS) emulsifiers accounted for over 40% market shares in terms of revenue in 2020.
  • The market of bitumen emulsifiers in Asia Pacific is expected to grow at the highest CAGR of 5.8% from 2021 to 2028.
  • Bitumen emulsifiers in the road construction industry held 60% of the market share in 2020.
  • The bitumen emulsifiers market in North America was valued at 47 million USD in 2020.
  • Europe bitumen emulsifiers market size was worth more than USD 35 million in 2020.
  • The Middle East and Africa are predicted to witness 3.8% growth rate up to 2026 in bitumen emulsifiers market.
  • In 2020, Latin America bitumen emulsifiers industry generated over USD 12 million revenue.
  • The global bitumen emulsion market is predicted to have a CAGR of 2.9% during the period (2021-2026).
  • China is the second-largest consumer of bitumen emulsifiers, with a consumption share of over 15% in 2020.
  • It is envisaged that the bitumen emulsifiers market size would surpass $200 million by 2026.
  • Demand for cationic bitumen emulsion will likely exceed 1,800 kilo tons by 2024, representing a significant percentage of the market.
  • Medium Setting (MS) emulsifier demand was over 750 kilo tons in 2016.
  • Anionic emulsion held more than 15% of the overall bitumen emulsifiers market share in 2020.
  • U.S. bitumen emulsifiers market size from road construction application may exceed USD 30 million by the end of 2024.
  • In 2026, bitumen emulsifiers for spray applications are projected to surpass USD 45 million.
  • Slow setting bitumen emulsifier market size is set to observe more than 3.5% CAGR up to 2026.
  • Germany bitumen emulsifiers market demand should surpass USD 5 million by 2024, with significant growth in the construction sector.
  • In 2024, the share of bitumen emulsifiers market in India is anticipated to exceed USD 8 million due to its growing construction industry.

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In this blog post, we delve into the world of Bitumen Emulsifiers Industry Statistics, uncovering key trends, data, and insights that shed light on the growth and development of this crucial sector. Join us as we explore the numbers behind Bitumen Emulsifiers and gain a deeper understanding of the market landscape.

The Latest Bitumen Emulsifiers Industry Statistics Explained

Global bitumen emulsifiers market size was valued at $144.31 million in 2020.

The statistic indicates that the global market size for bitumen emulsifiers, which are chemicals used in the construction and infrastructure industries to improve the properties of bitumen for applications such as road paving and waterproofing, was estimated to be worth $144.31 million in the year 2020. This value represents the total revenue generated by the sales of bitumen emulsifiers worldwide during that year. The market size figure provides insight into the scale and economic importance of the bitumen emulsifiers industry, highlighting its significance in the construction sector and potentially reflecting trends such as growth in infrastructure development and demand for more durable and sustainable construction materials.

Non-ionic emulsifiers accounted for over 31% of the share in the bitumen emulsifiers market as of 2020.

The statistic indicates that non-ionic emulsifiers held a significant market share within the bitumen emulsifiers industry in 2020, making up more than 31% of the total market. Non-ionic emulsifiers are a type of emulsifying agent that helps stabilize emulsions and improve the mixing of bitumen with other substances. The high market share suggests that non-ionic emulsifiers are a popular choice among manufacturers and users in the bitumen emulsifiers market, likely due to their effectiveness, versatility, and potentially lower environmental impact compared to other types of emulsifiers. This statistic highlights the importance of non-ionic emulsifiers in the industry and may indicate a growing trend towards their use in bitumen emulsions.

Rapid Setting (RS) emulsifiers accounted for over 40% market shares in terms of revenue in 2020.

The statistic indicates that Rapid Setting (RS) emulsifiers were a dominant force in the market in 2020, capturing more than 40% of the market share in terms of revenue. This suggests that RS emulsifiers were a popular choice among consumers or businesses within the industry, potentially due to their fast-acting properties and effectiveness. The high market share also implies that RS emulsifiers were successful in meeting the needs and preferences of customers, leading to strong sales and revenue generation compared to other types of emulsifiers on the market. Overall, the statistic reflects the significant impact and widespread adoption of RS emulsifiers in the market during the specified period.

The market of bitumen emulsifiers in Asia Pacific is expected to grow at the highest CAGR of 5.8% from 2021 to 2028.

This statistic indicates that the market for bitumen emulsifiers in the Asia Pacific region is projected to experience significant growth with a compound annual growth rate (CAGR) of 5.8% between the years 2021 and 2028. This implies that the demand for bitumen emulsifiers, which are additives used in the construction industry for improving the properties of bitumen in applications such as road construction and maintenance, is expected to increase at a relatively rapid pace over the forecast period. Factors driving this growth may include infrastructure development projects, urbanization trends, and investments in transportation networks across Asia Pacific countries. The high CAGR suggests a promising market opportunity for companies operating in the bitumen emulsifiers sector, signaling potential for expansion and competitiveness in the region.

Bitumen emulsifiers in the road construction industry held 60% of the market share in 2020.

The statistic indicates that bitumen emulsifiers, used in the road construction industry for stabilizing and improving asphalt mixtures, dominated the market in 2020 with a market share of 60%. This suggests that bitumen emulsifiers were the preferred choice among road construction companies for enhancing the performance and durability of road surfaces. The high market share indicates a strong demand for these products, likely due to their effectiveness in improving road construction quality and efficiency. This trend may also reflect the industry’s emphasis on sustainable and cost-effective solutions, as bitumen emulsifiers can contribute to the longevity and performance of road infrastructure.

The bitumen emulsifiers market in North America was valued at 47 million USD in 2020.

The statistic ‘The bitumen emulsifiers market in North America was valued at 47 million USD in 2020’ indicates the total monetary worth of bitumen emulsifiers sold within the North American region during the year 2020. This figure represents the aggregate revenue generated by the sales of bitumen emulsifiers, which are chemicals used in road construction and maintenance to improve the properties and performance of bitumen. The value of 47 million USD serves as a key indicator of the market size and demand for bitumen emulsifiers in North America, reflecting the level of investment and consumption within the industry during the specified period.

Europe bitumen emulsifiers market size was worth more than USD 35 million in 2020.

The statistic ‘Europe bitumen emulsifiers market size was worth more than USD 35 million in 2020’ indicates the total value of the European market specifically for bitumen emulsifiers, a type of chemical additive used in the construction industry to improve the properties and performance of bitumen in road construction and maintenance. The value of over USD 35 million signifies the revenue generated from the sales of bitumen emulsifiers in Europe during the year 2020. This statistic serves as a key indicator of the market demand and commercial activity within the region for these specialized chemical products, reflecting the importance and economic significance of bitumen emulsifiers in the construction sector.

The Middle East and Africa are predicted to witness 3.8% growth rate up to 2026 in bitumen emulsifiers market.

The statistic indicates that the market for bitumen emulsifiers in the Middle East and Africa region is expected to experience a growth rate of 3.8% up to the year 2026. This growth rate represents the projected increase in demand for bitumen emulsifiers in the region over the specified time period. Factors such as infrastructure development, road construction projects, and advancements in the construction industry are likely driving this growth. The statistic suggests that there will be opportunities for market expansion and potential for increased investment in the production and distribution of bitumen emulsifiers within the Middle East and Africa region.

In 2020, Latin America bitumen emulsifiers industry generated over USD 12 million revenue.

The statistic indicates that the Latin America bitumen emulsifiers industry generated a total revenue of more than USD 12 million in the year 2020. This figure reflects the financial performance of the industry within the region, specifically in the production and sale of bitumen emulsifiers, which are chemicals used to stabilize bitumen for various applications in construction and infrastructure development. The revenue generated highlights the economic significance of the industry in Latin America and provides an insight into the market size and potential growth opportunities in the sector.

The global bitumen emulsion market is predicted to have a CAGR of 2.9% during the period (2021-2026).

The statistic indicating a compound annual growth rate (CAGR) of 2.9% for the global bitumen emulsion market over the period of 2021-2026 suggests that the industry is anticipated to experience steady growth over the specified timeframe. This means that on average, the market size is expected to increase by 2.9% each year during the forecasted period. A CAGR provides a smoothed representation of the growth rate by assuming steady growth over the specified period, which can be helpful in assessing the overall trend of market expansion. In this case, the CAGR of 2.9% indicates a gradual but consistent growth trajectory for the bitumen emulsion market in the coming years.

China is the second-largest consumer of bitumen emulsifiers, with a consumption share of over 15% in 2020.

This statistic highlights China’s significant position in the global market for bitumen emulsifiers in 2020, as it emerged as the second-largest consumer globally with a consumption share of over 15%. Bitumen emulsifiers are chemicals used in the construction industry for creating stable emulsions of bitumen, which are essential in the production of various road and pavement materials. The fact that China accounted for such a sizable portion of global consumption indicates the country’s significant infrastructure development and road construction activities. This statistic underscores China’s importance as a major player in the bitumen emulsifiers market, reflecting its growing influence in the construction industry worldwide.

It is envisaged that the bitumen emulsifiers market size would surpass $200 million by 2026.

The statistic indicates a projected growth in the bitumen emulsifiers market, with the market size expected to exceed $200 million by the year 2026. This forecast suggests a positive trend in the demand for bitumen emulsifiers, which are additives used in the production and application of bitumen for various construction and infrastructure projects. The expected increase in market size reflects potential opportunities for companies operating in the bitumen emulsifiers industry, as well as potential expansion in the use of bitumen emulsifiers in various sectors such as road construction, waterproofing, and roofing. It also highlights the importance of keeping up with market trends and demands to capitalize on the anticipated growth in the industry.

Demand for cationic bitumen emulsion will likely exceed 1,800 kilo tons by 2024, representing a significant percentage of the market.

The statistic suggests that there is a growing market demand for cationic bitumen emulsion, with projections indicating that the demand will surpass 1,800 kilo tons by 2024. This level of demand is regarded as significant, implying that cationic bitumen emulsion is becoming increasingly popular and in-demand within the industry. The statement suggests that cationic bitumen emulsion is anticipated to play a substantial role in the market, potentially indicating its importance in construction, road building, or other applications where such emulsions are used. Overall, the statistic highlights a positive trend and potential growth opportunity for cationic bitumen emulsion producers and suppliers.

Medium Setting (MS) emulsifier demand was over 750 kilo tons in 2016.

The statistic “Medium Setting (MS) emulsifier demand was over 750 kilo tons in 2016” indicates that the quantity of emulsifier products categorized as Medium Setting (MS) that were required or consumed in 2016 exceeded 750,000 metric tons. Emulsifiers are substances that stabilize and facilitate the mixing of typically immiscible components, such as oil and water, in various industrial applications, including food production, personal care products, and pharmaceuticals. A demand for over 750 kilo tons suggests a substantial need for MS emulsifiers in 2016, highlighting the significance of this particular type of emulsifier in meeting industrial requirements and catering to consumer needs during that year.

Anionic emulsion held more than 15% of the overall bitumen emulsifiers market share in 2020.

The statistic ‘Anionic emulsion held more than 15% of the overall bitumen emulsifiers market share in 2020’ indicates that anionic emulsion, a type of bitumen emulsifier, accounted for more than 15% of the total market share within the industry in the year 2020. This suggests that anionic emulsion was a significant player in the market compared to other types of bitumen emulsifiers. This statistic can be useful for companies operating in the bitumen emulsifiers market to understand the competitive landscape and make informed decisions about product development, marketing strategies, and overall market positioning.

U.S. bitumen emulsifiers market size from road construction application may exceed USD 30 million by the end of 2024.

This statistic is projecting that the market size of bitumen emulsifiers specifically within the road construction application sector in the United States is expected to surpass $30 million by the conclusion of the year 2024. Bitumen emulsifiers are chemical additives used in the construction industry to improve the properties of bitumen, a common material in road construction. The forecast indicates a growing demand for these emulsifiers within the road construction segment, likely driven by increasing infrastructure projects or advancements in technology that require enhanced road quality and durability. This projected market expansion suggests potential opportunities for manufacturers, suppliers, and other stakeholders operating within this specific sector of the U.S. construction industry.

In 2026, bitumen emulsifiers for spray applications are projected to surpass USD 45 million.

This statistic indicates that the market value for bitumen emulsifiers used for spray applications is estimated to exceed $45 million in the year 2026. Bitumen emulsifiers are chemicals that are added to bitumen, a common binder used in the construction industry, to improve its properties for various applications. The significant projected increase in market value suggests a growing demand for bitumen emulsifiers specifically designed for spray applications, which are commonly used in road construction and maintenance. This trend may be driven by infrastructure development projects, increased investments in transportation networks, and advancements in technology for better road construction practices.

Slow setting bitumen emulsifier market size is set to observe more than 3.5% CAGR up to 2026.

This statistic indicates that the market size of slow setting bitumen emulsifiers is expected to experience a Compound Annual Growth Rate (CAGR) of over 3.5% until the year 2026. This implies that the demand for slow setting bitumen emulsifiers is projected to steadily increase over the forecast period. The growth rate suggests a positive trend in the market, with more companies likely to invest in and adopt this type of emulsifier for various applications such as road construction and maintenance. Factors contributing to this growth may include infrastructure development projects, advancements in technology, and the increasing use of sustainable and environmentally friendly materials in construction activities.

Germany bitumen emulsifiers market demand should surpass USD 5 million by 2024, with significant growth in the construction sector.

The statistic indicates that the demand for bitumen emulsifiers in the German market is projected to exceed USD 5 million by the year 2024. This growth is attributed to a notable increase in the construction sector within the country. Bitumen emulsifiers are chemical additives used in the production of bitumen emulsions, which are widely utilized in road construction and maintenance projects. The forecasted rise in demand for bitumen emulsifiers suggests a positive outlook for the construction industry in Germany, signaling potential opportunities for suppliers and manufacturers operating in this market segment.

In 2024, the share of bitumen emulsifiers market in India is anticipated to exceed USD 8 million due to its growing construction industry.

The statistic indicates that in the year 2024, the market value of bitumen emulsifiers in India is expected to surpass USD 8 million. This growth is attributed to the expanding construction industry in the country, which is driving the demand for bitumen emulsifiers used in road construction, waterproofing, and other applications. The market value exceeding USD 8 million suggests a significant increase in the consumption and usage of bitumen emulsifiers in India, reflecting the country’s infrastructure development and construction projects. This statistic highlights the economic prospects and opportunities within the bitumen emulsifiers market in India, indicating a positive outlook for the industry in the upcoming year.

References

0. – https://www.www.mordorintelligence.com

1. – https://www.www.globenewswire.com

2. – https://www.www.grandviewresearch.com

3. – https://www.www.gminsights.com

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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