Market Overview:
The global modified asphalt emulsion market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The market growth can be attributed to the increasing demand for modified asphalt emulsion from the road construction & paving and roofing applications. On the basis of type, the SBS modified asphalt emulsion segment is expected to account for a major share of the global market during the forecast period. This can be attributed to its superior properties such as high resistance against rutting, cracking and thermal aging as compared to other types of modifiers. On the basis of application, road construction & paving is expected to account for a major share of the global market duringthe forecast period. This can be attributedto th e growing demand from developing countries for better infrastructure development.
Product Definition:
A Modified Asphalt Emulsion is a type of asphalt emulsion that has been modified with additives to improve its properties. These additives can include polymers, waxes, or oils. Modified asphalt emulsions are used as sealants for road surfaces and as coatings for roofs and other building materials.
SBS Modified Asphalt Emulsion:
SBS Modified Asphalt Emulsion is a modified asphalt emulsion, which contains Sulfonated Bitumen Surfactants (SBS) and Polyasphaltene Urea (PAS). The product was developed by Shell Bitumen and Shale Oil Company as an alternative to conventional surfactant-based asphalt emulsions. It has been used in the construction of roads, airports runways, parking lots and highways.
SBR Modified Asphalt Emulsion:
SBR Modified Asphalt Emulsion is a modified asphalt emulsion. It is produced by the addition of Sulfur Dioxide and Bitumen (Synthetic) to regular Asphalt (Mineral). The resultant mixture has properties such as lower viscosity, higher fluid strength, improved thermal stability and resistance to oxidation. These superior properties have made SBR Modified Asphalt Emulsion an ideal product for use in road construction materials.
Application Insights:
Road construction & paving was the largest application segment in 2015 and is expected to continue its dominance over the forecast period. The product has excellent properties such as cost-effectiveness, durability and flexibility which makes it ideal for road construction & paving applications.
The roofing segment is also expected to witness considerable growth during the forecast period owing to increasing demand for green roofs across various regions. Green roofs are gaining popularity due to their ability to reduce heat transfer from buildings by upscalingthe naturally occurring vegetation on top of a building structure or within a building envelope, thereby providing thermal insulation and environmental benefits associated with them.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing road infrastructure spending in countries such as China and India. In addition, rising demand for residential buildings is also likely to drive market growth in this region.
The industry in Europe was valued at USD X million in 2017 and is projected to grow at a CAGR of XX% from 2018 to 2030 owing high product utilization across various applications including roofing, paving.
In North America, UBE has been gaining popularity as an alternativeto conventional blacktop roads dueS: it being environment-friendly; its abilitytohave low reflectivity which makes it suitablefor use during nighttime hours; its cost effectiveness when compared tonumerous other alternatives such as concrete pavementand tar sands;.
Growth Factors:
- Increasing demand for asphalt emulsion from the construction industry as a result of growing infrastructure development activities across the globe.
- Rising demand for modified asphalt emulsion from the transportation sector due to increasing road construction and maintenance activities worldwide.
- Growing use of modified asphalt emulsion in pavement preservation applications, which is expected to boost market growth over the next few years.
- Increasing awareness about the benefits of using modified asphalt emulsion among end users is projected to fuel market growth in coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Modified Asphalt Emulsion Market Research Report
By Type
SBS Modified Asphalt Emulsion, SBR Modified Asphalt Emulsion, Chloroprene Rubber Modified Asphalt Emulsion, Natural Rubber Modified Asphalt Emulsion, Others
By Application
Road Construction & Paving, Roofing, Others
By Companies
Total, ExxonMobil, Sinopec, BPCL, Gazprom Neft, Shell, Tipco Asphalt, SK, Colas, Nynas, Baolirus, 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
229
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Modified Asphalt Emulsion Market Report Segments:
The global Modified Asphalt Emulsion market is segmented on the basis of:
Types
SBS Modified Asphalt Emulsion, SBR Modified Asphalt Emulsion, Chloroprene Rubber Modified Asphalt Emulsion, Natural Rubber Modified Asphalt Emulsion, 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
- Baolirus
- Guochuang Hi-Tech
- Nichireki
Highlights of The 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:
- SBS Modified Asphalt Emulsion
- SBR Modified Asphalt Emulsion
- Chloroprene Rubber Modified Asphalt Emulsion
- Natural Rubber Modified Asphalt Emulsion
- 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 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Modified asphalt emulsion (MAA) is a type of asphalt pavement that has been modified to improve its performance. MAA can be made from a variety of materials, including natural and synthetic oils, water, and sand. The mixture is then heated until the oil separates from the water and sand. Modified asphalt emulsion has better resistance to weathering and traffic wear than traditional asphalt pavement
Some of the major players in the modified asphalt emulsion market are Total, ExxonMobil, Sinopec, BPCL, Gazprom Neft, Shell, Tipco Asphalt, SK, Colas, Nynas, Baolirus, Guochuang Hi-Tech, Nichireki.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 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 Modified Asphalt Emulsion Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 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 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 Modified Asphalt Emulsion Market Size & Forecast, 2020-2028
4.5.1 Modified Asphalt Emulsion Market Size and Y-o-Y Growth
4.5.2 Modified Asphalt Emulsion Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 SBS Modified Asphalt Emulsion
5.2.2 SBR Modified Asphalt Emulsion
5.2.3 Chloroprene Rubber Modified Asphalt Emulsion
5.2.4 Natural Rubber Modified Asphalt Emulsion
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 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 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 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 SBS Modified Asphalt Emulsion
9.6.2 SBR Modified Asphalt Emulsion
9.6.3 Chloroprene Rubber Modified Asphalt Emulsion
9.6.4 Natural Rubber Modified Asphalt Emulsion
9.6.5 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 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 SBS Modified Asphalt Emulsion
10.6.2 SBR Modified Asphalt Emulsion
10.6.3 Chloroprene Rubber Modified Asphalt Emulsion
10.6.4 Natural Rubber Modified Asphalt Emulsion
10.6.5 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 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 SBS Modified Asphalt Emulsion
11.6.2 SBR Modified Asphalt Emulsion
11.6.3 Chloroprene Rubber Modified Asphalt Emulsion
11.6.4 Natural Rubber Modified Asphalt Emulsion
11.6.5 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 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 SBS Modified Asphalt Emulsion
12.6.2 SBR Modified Asphalt Emulsion
12.6.3 Chloroprene Rubber Modified Asphalt Emulsion
12.6.4 Natural Rubber Modified Asphalt Emulsion
12.6.5 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 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 SBS Modified Asphalt Emulsion
13.6.2 SBR Modified Asphalt Emulsion
13.6.3 Chloroprene Rubber Modified Asphalt Emulsion
13.6.4 Natural Rubber Modified Asphalt Emulsion
13.6.5 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) 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 Modified Asphalt Emulsion Market: Competitive Dashboard
14.2 Global 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 Baolirus
14.3.12 Guochuang Hi-Tech
14.3.13 Nichireki
