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The bitumen emulsifier market is predicted to grow by 2026 due to rising road construction activities. Modified bitumen sub-segment is expected to be highly progressive. Market in the Asia-Pacific region is projected to be highly beneficial by 2026.
NEW YORK, Aug. 16, 2022 /PRNewswire/ — Research Dive has added a new report to its offering titled, “Bitumen Emulsifier Market Size by Product (Anionic, Cationic, Non-ionic) By Application (Mixing, Spray) By Setting Type (Slow, Medium, Rapid) By End-use (Unmodified Bitumen, Modified Bitumen) Regional Outlook (North America, Europe, APAC, LAMEA) Global Opportunity Analysis and Industry Forecast, 2019-2026″.
According to the report, the global bitumen emulsifier market is projected to generate a revenue of $157.9 million during the forecast period 2019-2026.
Dynamics of the Bitumen Emulsifier Market
Drivers: Increasing road activities and government’s rising emphasis on improving road maintenance are some prime factors predicted to drive the growth of the global bitumen emulsifier market during the forecast period. Moreover, bitumen emulsifier is widely used since it takes less time to settle and offers better coating which further boosts the market growth by 2026.
Opportunities: Rapid modernization and heavy investments in smart cities to improve roadways are some factors estimated to offer abundant growth opportunities for the global bitumen emulsifier market during the forecast years.
Restraints: Negative impacts of bitumen emulsifier on the environment is the major impeding factor for the market growth.
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Segments of the Bitumen Emulsifier Market
The report has fragmented the bitumen emulsifier market into multiple segments based on product, application, setting type, end-use, and regional analysis.
Key Bitumen Emulsifier Market Players
Some key bitumen emulsifier market players are
These key players are undertaking various strategies such as product development and enhancement, merger and acquisition, partnerships and collaborations to sustain the market growth.
For example, in November 2021, LUM GmbH, a Germany-based measuring instruments supplier, announced its partnership with VIALAB SARL, a French expert in bitumen emulsion and cold asphalt pavements. This strategic partnership was aimed to offer the companies’ expertise in the field of petroleum, bitumen, and related emulsions.
The report also summarizes many important facets including financial performance of the key market players, SWOT analysis, product portfolio, and the latest strategic developments.
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About Research Dive
Research Dive is a market research firm based in Pune, India. Maintaining the integrity and authenticity of the services, the firm provides the services that are solely based on its exclusive data model, compelled by the 360-degree research methodology, which guarantees comprehensive and accurate analysis. With an unprecedented access to several paid data resources, team of expert researchers, and strict work ethic, the firm offers insights that are extremely precise and reliable. Scrutinizing relevant news releases, government publications, decades of trade data, and technical & white papers, Research dive deliver the required services to its clients well within the required timeframe. Its expertise is focused on examining niche markets, targeting its major driving factors, and spotting threatening hindrances. Complementarily, it also has a seamless collaboration with the major industry aficionado that further offers its research an edge.
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