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Decrease in Demand of Bitumen Additives Market to Restrict Revenue Growth During the Forecast Period 2017 – 2025:Persistence Market Research

Introduction

With today’s rapidly growing infrastructure, government agencies, bitumen contractors and producers are challenged to build longer-lasting roads with advanced technologies that not only perform well, but are also operationally efficient and cost-effective, while ensuring the worker safety and comfort. Traditional strips do not address these challenges, hence next generation anti-stripping additives are introduced in the market in order to fully address these challenges.

In every part of the World, pavement or new road maintenance works are carried out. Sustainability and life span are most important for the paving industry. Bitumen additives are widely utilized in order to improve the performance of the bitumen in various situations.

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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.

Polymer based additives are becoming important factors in the paving and construction industry owing to their various proven factors such as fatigue damage, better resistance to rutting, thermal cracking in asphalt pavements and stripping etc.

Global Bitumen Additives Market: Segmentation

The global Bitumen Additives market can be segmented on the basis of product type, application and technology

product type
  • Emulsifiers
  • Polymeric Modifiers
  • Anti-strip and Adhesion Promoters
  • Others
application
  • Road Construction
  • Paving
  • Roofing
  • Others
technology
  • Hot mix
  • Cold mix
  • Warm mix

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Global Bitumen Additives Market: Dynamics

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.

Owing to the high temperatures involved in the mixing process of the aggregate and binders, there are various volatile organic compounds (VOCs) are emitted in the environment

In order to improve the quality of the bitumen pavements, the manufacturing companies incorporated polymers into the bitumen as a way to mitigate the causes for bitumen pavement failures such as deformation at high temperatures and cracking at low temperatures. Thus, the utilization of polymer based additives is one of the key trends identified in the global bitumen additives market over the forecast period

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