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Bitumen Additives-Global Market Insights and Sales Trends 2024
Synopsis
Bitumen additives are widely utilized in order to improve the performance of the bitumen in various situations. Bitumen additives are primarily added to mixtures in order to provide improved resistance to distress, improve constructability, increase traffic loading and decrease the total lifecycle cost of the pavement. Generally, there are three technologies utilized in the mixing of the binders and aggregate which include hot mix, warm mix and cold mix technologies.
The global Bitumen Additives market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Bitumen Additives in various end use industries. The expanding demands from the Road Construction, Paving, Roofing and Others, are propelling Bitumen Additives market. Emulsifiers, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Polymeric Modifiers segment is estimated at % CAGR for the next seven-year period.
Growing demand for the road construction in the developing economies is one of the key factor driving the demand for bitumen additives. Concrete and bitumen are the materials that are mostly utilized in the road construction activities around the globe. Roads made from the bitumen have various advantages which include lower installation costs, durability and fast setting times etc. Owing to the loss of bonding between the aggregate and the bitumen binders, bitumen roads may suffer from stripping loss. This leads to unravelling and deterioration of the bitumen roads. In order to prevent the occurrence of road stripping, various additives are utilized in the bitumen binder.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Bitumen Additives, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Bitumen Additives market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Bitumen Additives market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Bitumen Additives sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Bitumen Additives covered in this report include ArrMaz, Croda International, AkzoNobel, Kraton Corporation, Kao Corporation, Honeywell International, Dow, DuPont and Berkshire Engineering, etc.
The global Bitumen Additives market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ArrMaz
Croda International
AkzoNobel
Kraton Corporation
Kao Corporation
Honeywell International
Dow
DuPont
Berkshire Engineering
Huntsman International
Arkema Group
Global Bitumen Additives market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Bitumen Additives market, Segment by Type:
Emulsifiers
Polymeric Modifiers
Anti-Strip and Adhesion Promoters
Others
Global Bitumen Additives market, by Application
Road Construction
Paving
Roofing
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Bitumen Additives manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Bitumen Additives in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Bitumen additives are widely utilized in order to improve the performance of the bitumen in various situations. Bitumen additives are primarily added to mixtures in order to provide improved resistance to distress, improve constructability, increase traffic loading and decrease the total lifecycle cost of the pavement. Generally, there are three technologies utilized in the mixing of the binders and aggregate which include hot mix, warm mix and cold mix technologies.
The global Bitumen Additives market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Bitumen Additives in various end use industries. The expanding demands from the Road Construction, Paving, Roofing and Others, are propelling Bitumen Additives market. Emulsifiers, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Polymeric Modifiers segment is estimated at % CAGR for the next seven-year period.
Growing demand for the road construction in the developing economies is one of the key factor driving the demand for bitumen additives. Concrete and bitumen are the materials that are mostly utilized in the road construction activities around the globe. Roads made from the bitumen have various advantages which include lower installation costs, durability and fast setting times etc. Owing to the loss of bonding between the aggregate and the bitumen binders, bitumen roads may suffer from stripping loss. This leads to unravelling and deterioration of the bitumen roads. In order to prevent the occurrence of road stripping, various additives are utilized in the bitumen binder.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Bitumen Additives, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Bitumen Additives market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Bitumen Additives market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Bitumen Additives sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Bitumen Additives covered in this report include ArrMaz, Croda International, AkzoNobel, Kraton Corporation, Kao Corporation, Honeywell International, Dow, DuPont and Berkshire Engineering, etc.
The global Bitumen Additives market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ArrMaz
Croda International
AkzoNobel
Kraton Corporation
Kao Corporation
Honeywell International
Dow
DuPont
Berkshire Engineering
Huntsman International
Arkema Group
Global Bitumen Additives market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Bitumen Additives market, Segment by Type:
Emulsifiers
Polymeric Modifiers
Anti-Strip and Adhesion Promoters
Others
Global Bitumen Additives market, by Application
Road Construction
Paving
Roofing
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Bitumen Additives manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Bitumen Additives in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Bitumen Additives Market Overview
1.1 Bitumen Additives Product Overview
1.2 Bitumen Additives Market Segment by Type
1.2.1 Emulsifiers
1.2.2 Polymeric Modifiers
1.2.3 Anti-Strip and Adhesion Promoters
1.2.4 Others
1.3 Global Bitumen Additives Market Size by Type
1.3.1 Global Bitumen Additives Market Size Overview by Type (2018-2029)
1.3.2 Global Bitumen Additives Historic Market Size Review by Type (2018-2023)
1.3.3 Global Bitumen Additives Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Bitumen Additives Sales Breakdown by Type (2018-2023)
1.4.2 Europe Bitumen Additives Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Bitumen Additives Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Bitumen Additives Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Bitumen Additives Sales Breakdown by Type (2018-2023)
2 Global Bitumen Additives Market Competition by Company
2.1 Global Top Players by Bitumen Additives Sales (2018-2023)
2.2 Global Top Players by Bitumen Additives Revenue (2018-2023)
2.3 Global Top Players by Bitumen Additives Price (2018-2023)
2.4 Global Top Manufacturers Bitumen Additives Manufacturing Base Distribution, Sales Area, Product Type
2.5 Bitumen Additives Market Competitive Situation and Trends
2.5.1 Bitumen Additives Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Bitumen Additives Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Bitumen Additives as of 2022)
2.7 Date of Key Manufacturers Enter into Bitumen Additives Market
2.8 Key Manufacturers Bitumen Additives Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Bitumen Additives Status and Outlook by Region
3.1 Global Bitumen Additives Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Bitumen Additives Historic Market Size by Region
3.2.1 Global Bitumen Additives Sales in Volume by Region (2018-2023)
3.2.2 Global Bitumen Additives Sales in Value by Region (2018-2023)
3.2.3 Global Bitumen Additives Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Bitumen Additives Forecasted Market Size by Region
3.3.1 Global Bitumen Additives Sales in Volume by Region (2024-2029)
3.3.2 Global Bitumen Additives Sales in Value by Region (2024-2029)
3.3.3 Global Bitumen Additives Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Bitumen Additives by Application
4.1 Bitumen Additives Market Segment by Application
4.1.1 Road Construction
4.1.2 Paving
4.1.3 Roofing
4.1.4 Others
4.2 Global Bitumen Additives Market Size by Application
4.2.1 Global Bitumen Additives Market Size Overview by Application (2018-2029)
4.2.2 Global Bitumen Additives Historic Market Size Review by Application (2018-2023)
4.2.3 Global Bitumen Additives Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Bitumen Additives Sales Breakdown by Application (2018-2023)
4.3.2 Europe Bitumen Additives Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Bitumen Additives Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Bitumen Additives Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Bitumen Additives Sales Breakdown by Application (2018-2023)
5 North America Bitumen Additives by Country
5.1 North America Bitumen Additives Historic Market Size by Country
5.1.1 North America Bitumen Additives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Bitumen Additives Sales in Volume by Country (2018-2023)
5.1.3 North America Bitumen Additives Sales in Value by Country (2018-2023)
5.2 North America Bitumen Additives Forecasted Market Size by Country
5.2.1 North America Bitumen Additives Sales in Volume by Country (2024-2029)
5.2.2 North America Bitumen Additives Sales in Value by Country (2024-2029)
6 Europe Bitumen Additives by Country
6.1 Europe Bitumen Additives Historic Market Size by Country
6.1.1 Europe Bitumen Additives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Bitumen Additives Sales in Volume by Country (2018-2023)
6.1.3 Europe Bitumen Additives Sales in Value by Country (2018-2023)
6.2 Europe Bitumen Additives Forecasted Market Size by Country
6.2.1 Europe Bitumen Additives Sales in Volume by Country (2024-2029)
6.2.2 Europe Bitumen Additives Sales in Value by Country (2024-2029)
7 Asia-Pacific Bitumen Additives by Region
7.1 Asia-Pacific Bitumen Additives Historic Market Size by Region
7.1.1 Asia-Pacific Bitumen Additives Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Bitumen Additives Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Bitumen Additives Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Bitumen Additives Forecasted Market Size by Region
7.2.1 Asia-Pacific Bitumen Additives Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Bitumen Additives Sales in Value by Region (2024-2029)
8 Latin America Bitumen Additives by Country
8.1 Latin America Bitumen Additives Historic Market Size by Country
8.1.1 Latin America Bitumen Additives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Bitumen Additives Sales in Volume by Country (2018-2023)
8.1.3 Latin America Bitumen Additives Sales in Value by Country (2018-2023)
8.2 Latin America Bitumen Additives Forecasted Market Size by Country
8.2.1 Latin America Bitumen Additives Sales in Volume by Country (2024-2029)
8.2.2 Latin America Bitumen Additives Sales in Value by Country (2024-2029)
9 Middle East and Africa Bitumen Additives by Country
9.1 Middle East and Africa Bitumen Additives Historic Market Size by Country
9.1.1 Middle East and Africa Bitumen Additives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Bitumen Additives Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Bitumen Additives Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Bitumen Additives Forecasted Market Size by Country
9.2.1 Middle East and Africa Bitumen Additives Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Bitumen Additives Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 ArrMaz
10.1.1 ArrMaz Company Information
10.1.2 ArrMaz Introduction and Business Overview
10.1.3 ArrMaz Bitumen Additives Sales, Revenue and Gross Margin (2018-2023)
10.1.4 ArrMaz Bitumen Additives Products Offered
10.1.5 ArrMaz Recent Development
10.2 Croda International
10.2.1 Croda International Company Information
10.2.2 Croda International Introduction and Business Overview
10.2.3 Croda International Bitumen Additives Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Croda International Bitumen Additives Products Offered
10.2.5 Croda International Recent Development
10.3 AkzoNobel
10.3.1 AkzoNobel Company Information
10.3.2 AkzoNobel Introduction and Business Overview
10.3.3 AkzoNobel Bitumen Additives Sales, Revenue and Gross Margin (2018-2023)
10.3.4 AkzoNobel Bitumen Additives Products Offered
10.3.5 AkzoNobel Recent Development
10.4 Kraton Corporation
10.4.1 Kraton Corporation Company Information
10.4.2 Kraton Corporation Introduction and Business Overview
10.4.3 Kraton Corporation Bitumen Additives Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Kraton Corporation Bitumen Additives Products Offered
10.4.5 Kraton Corporation Recent Development
10.5 Kao Corporation
10.5.1 Kao Corporation Company Information
10.5.2 Kao Corporation Introduction and Business Overview
10.5.3 Kao Corporation Bitumen Additives Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Kao Corporation Bitumen Additives Products Offered
10.5.5 Kao Corporation Recent Development
10.6 Honeywell International
10.6.1 Honeywell International Company Information
10.6.2 Honeywell International Introduction and Business Overview
10.6.3 Honeywell International Bitumen Additives Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Honeywell International Bitumen Additives Products Offered
10.6.5 Honeywell International Recent Development
10.7 Dow
10.7.1 Dow Company Information
10.7.2 Dow Introduction and Business Overview
10.7.3 Dow Bitumen Additives Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Dow Bitumen Additives Products Offered
10.7.5 Dow Recent Development
10.8 DuPont
10.8.1 DuPont Company Information
10.8.2 DuPont Introduction and Business Overview
10.8.3 DuPont Bitumen Additives Sales, Revenue and Gross Margin (2018-2023)
10.8.4 DuPont Bitumen Additives Products Offered
10.8.5 DuPont Recent Development
10.9 Berkshire Engineering
10.9.1 Berkshire Engineering Company Information
10.9.2 Berkshire Engineering Introduction and Business Overview
10.9.3 Berkshire Engineering Bitumen Additives Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Berkshire Engineering Bitumen Additives Products Offered
10.9.5 Berkshire Engineering Recent Development
10.10 Huntsman International
10.10.1 Huntsman International Company Information
10.10.2 Huntsman International Introduction and Business Overview
10.10.3 Huntsman International Bitumen Additives Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Huntsman International Bitumen Additives Products Offered
10.10.5 Huntsman International Recent Development
10.11 Arkema Group
10.11.1 Arkema Group Company Information
10.11.2 Arkema Group Introduction and Business Overview
10.11.3 Arkema Group Bitumen Additives Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Arkema Group Bitumen Additives Products Offered
10.11.5 Arkema Group Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Bitumen Additives Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Bitumen Additives Industrial Chain Analysis
11.4 Bitumen Additives Market Dynamics
11.4.1 Bitumen Additives Industry Trends
11.4.2 Bitumen Additives Market Drivers
11.4.3 Bitumen Additives Market Challenges
11.4.4 Bitumen Additives Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Bitumen Additives Distributors
12.3 Bitumen Additives Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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