Market Overview:
The global chloroprene rubber modified asphalt emulsion market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for road construction and paving, roofing, and other applications across the globe. In terms of type, the content 45% segment is expected to lead the global chloroprene rubber modified asphalt emulsion market during the forecast period. This can be attributed to its high demand from various end-use industries such as road construction and paving, roofing, and others.
Product Definition:
Chloroprene Rubber Modified Asphalt Emulsion is a product that is used as an additive in asphalt emulsions. It helps to improve the properties of the asphalt, making it more durable and less likely to crack. This can be important for paving projects, as it can help to ensure that the surface lasts for longer.
Content 45%:
The global content 45% market size was estimated at USD 1.10 billion in 2016 and is expected to witness a growth of 5.9% over the forecast period. The rising demand for sustainable materials on account of reducing fossil fuel reserves is anticipated to drive the industry growth over the forecast period.
The increasing use of modified asphalt emulsions (MSE) as an alternative to bitumen in applications such as road construction, repair,.
Content 55%:
The content 55% is a solution of polychloroprene rubber in modified asphalt emulsion. The product has gained wide acceptance in the global market owing to its unique properties such as high tear strength and abrasion resistance along with low wear and tear. These properties have made it suitable for use in the production of cold-applied asphalt adhesives that are used for patching roads, highways, parking lots, etc.
Application Insights:
The road construction & paving application segment led the global chloroprene rubber modified asphalt emulsion market in 2017 and is projected to witness significant growth over the forecast period. This can be attributed to increasing government spending on infrastructure development across various countries, including China, India and Japan.
Road construction & paving was followed by roofing as the second-largest application segment of CPGRAMAOE. Roofing applications include industrial buildings as well as residential structures. The product is widely used for manufacturing membranes for roofs that are free from leaks and watermarking due to its high tensile strength properties. These factors are likely to propel demand over the coming years in roofing applications globally, especially in developing regions such as Asia Pacific and Latin America where there has been a rise in building & construction activities post-recession era of 2008¢â‚¬â€œ2009.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of emerging economies such as China, India, and Japan has resulted in an increased demand for construction materials. This region is also anticipated to witness a significant rise in infrastructural development which will drive product demand further.
The European regional chlorprorene rubber modified asphalt emulsion market was valued at USD X million in 2017 owing to the presence of developed infrastructure coupled with growing road network expansion projects by various governments across countries such as Germany, France, Italy, Spain among others are likely to boost product consumption over the coming years.
North America accounted for a major share of revenue generation owing to high roofing activities across countries like U.S.
Growth Factors:
- Increasing demand for rubber modified asphalt emulsion from the construction industry as a result of its superior properties such as high durability, flexibility and resistance to wear and tear.
- Rising awareness about the benefits of using rubber modified asphalt emulsion among contractors, paving professionals, and other stakeholders in the construction industry.
- Growing number of road infrastructure projects across the globe that are expected to drive demand for rubber modified asphalt emulsion in the coming years.
- Technological advancements in manufacturing processes that would help reduce production costs and make rubber modified asphalt emulsion more affordable for end-users.
Scope Of The Report
Report Attributes
Report Details
Report Title
Chloroprene Rubber Modified Asphalt Emulsion Market Research Report
By Type
Content 45%, Content 55%, Content 75%, Others
By Application
Road Construction & Paving, Roofing, Others
By Companies
Total, ExxonMobil, Sinopec, BPCL, Gazprom Neft, Shell, TIPCO ASPHALT, SK, Colas, Nynas, Total, Guochuang Hi-Tech, Nichireki
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
139
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Chloroprene Rubber Modified Asphalt Emulsion Market Report Segments:
The global Chloroprene Rubber Modified Asphalt Emulsion market is segmented on the basis of:
Types
Content 45%, Content 55%, Content 75%, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Road Construction & Paving, Roofing, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Total
- ExxonMobil
- Sinopec
- BPCL
- Gazprom Neft
- Shell
- TIPCO ASPHALT
- SK
- Colas
- Nynas
- Total
- Guochuang Hi-Tech
- Nichireki
Highlights of The Chloroprene Rubber Modified Asphalt Emulsion Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Content 45%
- Content 55%
- Content 75%
- Others
- By Application:
- Road Construction & Paving
- Roofing
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Chloroprene Rubber Modified Asphalt Emulsion Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Chloroprene rubber modified asphalt emulsion is a type of pavement sealant that is made from a mixture of chloroprene rubber and asphalt. It is used to seal cracks in road surfaces and can also be used as an adhesive for patching.
Some of the key players operating in the chloroprene rubber modified asphalt emulsion market are Total, ExxonMobil, Sinopec, BPCL, Gazprom Neft, Shell, TIPCO ASPHALT, SK, Colas, Nynas, Total, Guochuang Hi-Tech, Nichireki.
The chloroprene rubber modified asphalt emulsion market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Chloroprene Rubber Modified Asphalt Emulsion Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Chloroprene Rubber Modified Asphalt Emulsion Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Chloroprene Rubber Modified Asphalt Emulsion Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Chloroprene Rubber Modified Asphalt Emulsion Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Chloroprene Rubber Modified Asphalt Emulsion Market Size & Forecast, 2018-2028
4.5.1 Chloroprene Rubber Modified Asphalt Emulsion Market Size and Y-o-Y Growth
4.5.2 Chloroprene Rubber Modified Asphalt Emulsion Market Absolute $ Opportunity
Chapter 5 Global Chloroprene Rubber Modified Asphalt Emulsion Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Chloroprene Rubber Modified Asphalt Emulsion Market Size Forecast by Type
5.2.1 Content 45%
5.2.2 Content 55%
5.2.3 Content 75%
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Chloroprene Rubber Modified Asphalt Emulsion Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Chloroprene Rubber Modified Asphalt Emulsion Market Size Forecast by Applications
6.2.1 Road Construction & Paving
6.2.2 Roofing
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Chloroprene Rubber Modified Asphalt Emulsion Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Chloroprene Rubber Modified Asphalt Emulsion Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Chloroprene Rubber Modified Asphalt Emulsion Analysis and Forecast
9.1 Introduction
9.2 North America Chloroprene Rubber Modified Asphalt Emulsion Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Chloroprene Rubber Modified Asphalt Emulsion Market Size Forecast by Type
9.6.1 Content 45%
9.6.2 Content 55%
9.6.3 Content 75%
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Chloroprene Rubber Modified Asphalt Emulsion Market Size Forecast by Applications
9.10.1 Road Construction & Paving
9.10.2 Roofing
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Chloroprene Rubber Modified Asphalt Emulsion Analysis and Forecast
10.1 Introduction
10.2 Europe Chloroprene Rubber Modified Asphalt Emulsion Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Chloroprene Rubber Modified Asphalt Emulsion Market Size Forecast by Type
10.6.1 Content 45%
10.6.2 Content 55%
10.6.3 Content 75%
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Chloroprene Rubber Modified Asphalt Emulsion Market Size Forecast by Applications
10.10.1 Road Construction & Paving
10.10.2 Roofing
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Chloroprene Rubber Modified Asphalt Emulsion Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Chloroprene Rubber Modified Asphalt Emulsion Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Chloroprene Rubber Modified Asphalt Emulsion Market Size Forecast by Type
11.6.1 Content 45%
11.6.2 Content 55%
11.6.3 Content 75%
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Chloroprene Rubber Modified Asphalt Emulsion Market Size Forecast by Applications
11.10.1 Road Construction & Paving
11.10.2 Roofing
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Chloroprene Rubber Modified Asphalt Emulsion Analysis and Forecast
12.1 Introduction
12.2 Latin America Chloroprene Rubber Modified Asphalt Emulsion Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Chloroprene Rubber Modified Asphalt Emulsion Market Size Forecast by Type
12.6.1 Content 45%
12.6.2 Content 55%
12.6.3 Content 75%
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Chloroprene Rubber Modified Asphalt Emulsion Market Size Forecast by Applications
12.10.1 Road Construction & Paving
12.10.2 Roofing
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Chloroprene Rubber Modified Asphalt Emulsion Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Chloroprene Rubber Modified Asphalt Emulsion Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Chloroprene Rubber Modified Asphalt Emulsion Market Size Forecast by Type
13.6.1 Content 45%
13.6.2 Content 55%
13.6.3 Content 75%
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Chloroprene Rubber Modified Asphalt Emulsion Market Size Forecast by Applications
13.10.1 Road Construction & Paving
13.10.2 Roofing
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Chloroprene Rubber Modified Asphalt Emulsion Market: Competitive Dashboard
14.2 Global Chloroprene Rubber Modified Asphalt Emulsion Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Total
14.3.2 ExxonMobil
14.3.3 Sinopec
14.3.4 BPCL
14.3.5 Gazprom Neft
14.3.6 Shell
14.3.7 TIPCO ASPHALT
14.3.8 SK
14.3.9 Colas
14.3.10 Nynas
14.3.11 Total
14.3.12 Guochuang Hi-Tech
14.3.13 Nichireki
