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South & Central America Bitumen Additives Market Forecast to 2030 - Regional Analysis - by Type [Polymeric Modifiers, Anti-Strip Agents (Ethyleneamines, Polyamines, Amidoamines, and Others), Adhesion Promoters (Silanes, Maleic Anhydride, and Others), Emulsifiers (Anionic and Cationic), Surfactants, and Others] and Application (Road Construction, Roofing, Paints & Coatings, and Others)
Market Report I 2023-11-17 I 114 Pages I The Insight Partners
The South & Central America bitumen additives market is expected to grow from US$ 453.23 million in 2022 to US$ 635.62 million by 2030. It is estimated to grow at a CAGR of 4.3% from 2022 to 2030.
Strategic Product Innovations and Research by Key Market Players Drives South & Central America Bitumen Additives Market
Bitumen additives manufacturers are investing significantly in strategic development initiatives such as product innovation, mergers & acquisitions, and business expansion to attract a wide customer base and enhance their market position. In 2020, BASF SE launched a bitumen additive, B2Last, that provides service life extension by up to 50%. B2Last binds constituents in the bitumen to form a strong and elastic polymer grid. Major manufacturers and researchers are adopting strategies such as research and development to serve the customer demand and satisfy their growing demands. Thus, rising strategic product innovations and research by key market players are expected to create lucrative opportunities for the South & Central America bitumen additives market over the coming years.
South & Central America Bitumen Additives Market Overview
South & Central America is significantly investing in green and sustainable construction. According to the US and the Brazilian Green Building Councils, Brazil accounted for more than 1.2 million square meters of certified buildings, ranking seventh in Leadership in Energy and Environmental Design (LEED) registrations worldwide in 2021. According to the International Trade Administration, the Argentine government is focused on infrastructure projects worth US$ 20 million. The rising focus on construction activities and infrastructure development is driving the demand for construction materials such as bitumen, asphalt, bitumen additives, and sustainable building materials. In 2021, the Ministry of Public Works (Chile) announced the final concession for 2021 for the development of Route 68 infrastructure with a total investment of US$ 4.67 billion, a part of a 12-project agenda; the project includes six hospitals, the third concession of the El Loa Airport, and five road works, including Route 5, Chacao-Chonchi section, and the second concession for Route 5 Chillan-Collipulli section. Therefore, rising investment in construction activities in the region is expected to fuel the South & Central America bitumen additives market during the forecast period.
South & Central America Bitumen Additives Market Revenue and Forecast to 2030 (US$ Million)
South & Central America Bitumen Additives Market Segmentation
The South & Central America bitumen additives market is segmented into type, adhesion promoters, emulsifiers, application, and country.
Based on type, the South & Central America bitumen additives market is segmented into polymeric modifiers, anti-strip agents, adhesion promoters, emulsifiers. In 2022, the polymeric modifiers segment registered the largest share in the South & Central America bitumen additives market. The adhesion promoters segment is further segmented into silanes, maleic anhydride, and others. The anti-strip agents segment is further segmented into ethyleneamines, polyamines, amidoamines, and others. The emulsifiers segment is further segmented into anionic and cationic.
Based on Application, the South & Central America bitumen additives market is segmented into road construction, roofing, paints & coatings, and others. In 2022, the road construction segment registered the largest share in the South & Central America bitumen additives market.
Based on country, the South & Central America bitumen additives market is segmented into Brazil, Argentina, and the Rest of South & Central America. In 2022, Brazil registered the largest share in the South & Central America bitumen additives market.
Arkema SA, BASF SE, Dow Inc, Honeywell International Inc, Huntsman International LLC, Ingevity Corp, Kao Corp, and Nouryon Chemicals Holding BV are some of the leading companies operating in the South & Central America bitumen additives market.
TABLE OF CONTENTS
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Market Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
3.4 Limitations and Assumptions
4. South & Central America Bitumen Additives Market Landscape
4.1 Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Intensity of Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers
4.3.2 Bitumen Additives Manufacturers
4.3.3 Distributors/Suppliers
4.3.4 End Users
5. South & Central America Bitumen Additives Market - Key Industry Dynamics
5.1 Market Drivers
5.1.1 Sustainability Offered by Bitumen Additives:
5.1.2 Rising Government Initiatives for Infrastructure Development
5.2 Market Restraints
5.2.1 Fluctuations in Raw Material Prices
5.3 Market Opportunities
5.3.1 Strategic Product Innovations and Research by Key Market Players
5.4 Future Trends
5.4.1 Development of Sustainable Bitumen Additives
5.5 Impact of Drivers and Restraints:
6. Bitumen Additives Market - South & Central America Market Analysis
6.1 South & Central America Bitumen Additives Market Volume (Kilo Tons), 2020 - 2030
6.2 South & Central America Bitumen Additives Market Revenue (US$ Million), 2020 - 2030
6.3 South & Central America Bitumen Additives Market Forecast and Analysis
7. South & Central America Bitumen Additives Market Analysis - Type
7.1 Polymeric Modifiers
7.1.1 Overview
7.1.2 Polymeric Modifiers Market Revenue and Forecast to 2030 (US$ Million)
7.1.3 Polymeric Modifiers Market Volume and Forecast to 2030 (Kilo Tons)
7.2 Anti-Strip Agents
7.2.1 Overview
7.2.2 Anti-Strip Agents Market Revenue and Forecast to 2030 (US$ Million)
7.2.3 Anti-Strip Agents Market Volume and Forecast to 2030 (Kilo Tons)
7.2.3.1 Ethyleneamines
7.2.3.1.1 Overview
7.2.3.1.2 Ethyleneamines: South & Central America Bitumen Additives Market - Revenue and Forecast to 2028 (US$ Million)
7.2.3.1.3 Ethyleneamines: South & Central America Bitumen Additives Market - Volume and Forecast to 2028 (Kilo Tons)
7.2.3.2 Polyamines
7.2.3.2.1 Overview
7.2.3.2.2 Polyamines: South & Central America Bitumen Additives Market - Revenue and Forecast to 2028 (US$ Million)
7.2.3.2.3 Polyamines: South & Central America Bitumen Additives Market - Volume and Forecast to 2028 (Kilo Tons)
7.2.3.3 Amidoamines
7.2.3.3.1 Overview
7.2.3.3.2 Amidoamines: South & Central America Bitumen Additives Market - Revenue and Forecast to 2028 (US$ Million)
7.2.3.3.3 Amidoamines: South & Central America Bitumen Additives Market - Volume and Forecast to 2028 (Kilo Tons)
7.2.3.4 Others
7.2.3.4.1 Overview
7.2.3.4.2 Others: South & Central America Bitumen Additives Market - Revenue and Forecast to 2028 (US$ Million)
7.2.3.4.3 Others: South & Central America Bitumen Additives Market - Volume and Forecast to 2028 (Kilo Tons)
7.3 Adhesion Promoters
7.3.1 Overview
7.3.2 Adhesion Promoters Market Revenue and Forecast to 2030 (US$ Million)
7.3.3 Adhesion Promoters Market Volume and Forecast to 2030 (Kilo Tons)
7.3.3.1 Silanes
7.3.3.1.1 Overview
7.3.3.1.2 Silanes: South & Central America Bitumen Additives Market - Revenue and Forecast to 2028 (US$ Million)
7.3.3.1.3 Silanes: South & Central America Bitumen Additives Market - Volume and Forecast to 2028 (Kilo Tons)
7.3.3.2 Maleic Anhydride
7.3.3.2.1 Overview
7.3.3.2.2 Maleic Anhydride: South & Central America Bitumen Additives Market - Revenue and Forecast to 2028 (US$ Million)
7.3.3.2.3 Maleic Anhydride: South & Central America Bitumen Additives Market - Volume and Forecast to 2028 (Kilo Tons)
7.3.3.3 Others
7.3.3.3.1 Overview
7.3.3.3.2 Others: South & Central America Bitumen Additives Market - Revenue and Forecast to 2028 (US$ Million)
7.3.3.3.3 Others: South & Central America Bitumen Additives Market - Volume and Forecast to 2028 (Kilo Tons)
7.4 Emulsifiers
7.4.1 Overview
7.4.2 Emulsifiers Market Revenue and Forecast to 2030 (US$ Million)
7.4.3 Emulsifiers Market Volume and Forecast to 2030 (Kilo Tons)
7.4.3.1 Anionic
7.4.3.1.1 Overview
7.4.3.1.2 Anionic: South & Central America Bitumen Additives Market - Revenue and Forecast to 2028 (US$ Million)
7.4.3.1.3 Anionic: South & Central America Bitumen Additives Market - Volume and Forecast to 2028 (Kilo Tons)
7.4.3.2 Cationic
7.4.3.2.1 Overview
7.4.3.2.2 Cationic: South & Central America Bitumen Additives Market - Revenue and Forecast to 2028 (US$ Million)
7.4.3.2.3 Cationic: South & Central America Bitumen Additives Market - Volume and Forecast to 2028 (Kilo Tons)
7.5 Surfactants
7.5.1 Overview
7.5.2 Surfactants Market Revenue and Forecast to 2030 (US$ Million)
7.5.3 Surfactants Market Volume and Forecast to 2030 (Kilo Tons)
7.6 Others
7.6.1 Overview
7.6.2 Others Market Revenue and Forecast to 2030 (US$ Million)
7.6.3 Others Market Volume and Forecast to 2030 (Kilo Tons)
8. South & Central America Bitumen Additives Market Analysis - Application
8.1 Road Construction
8.1.1 Overview
8.1.2 Road Construction Market Revenue, and Forecast to 2030 (US$ Million)
8.2 Roofing
8.2.1 Overview
8.2.2 Roofing Market Revenue, and Forecast to 2030 (US$ Million)
8.3 Paints and Coatings
8.3.1 Overview
8.3.2 Paints and Coatings Market Revenue, and Forecast to 2030 (US$ Million)
8.4 Others
8.4.1 Overview
8.4.2 Others Market Revenue, and Forecast to 2030 (US$ Million)
9. South & Central America Bitumen Additives Market - Country Analysis
9.1 Overview
9.1.1.1 South & Central America Bitumen Additives Market by key Country - Revenue (2022) (US$ Million)
9.1.2 South and Central America Bitumen Additives Market Revenue and Forecasts and Analysis - By Countries
9.1.2.1 Bitumen Additives Market Breakdown by Country
9.1.2.2 Brazil Bitumen Additives Market Revenue and Forecasts to 2030 (US$ Million)
9.1.2.3 Brazil Bitumen Additives Market Volume and Forecasts to 2030 (Kilo Tons)
9.1.2.3.1 Brazil Bitumen Additives Market Breakdown by Type
9.1.2.3.2 Brazil Bitumen Additives Market Breakdown by Application
9.1.2.4 Argentina Bitumen Additives Market Revenue and Forecasts to 2030 (US$ Million)
9.1.2.5 Argentina Bitumen Additives Market Volume and Forecasts to 2030 (Kilo Tons)
9.1.2.5.1 Argentina Bitumen Additives Market Breakdown by Type
9.1.2.5.2 Argentina Bitumen Additives Market Breakdown by Application
9.1.2.6 Rest of SAM Bitumen Additives Market Revenue and Forecasts to 2030 (US$ Million)
9.1.2.7 Rest of SAM Bitumen Additives Market Volume and Forecasts to 2030 (Kilo Tons)
9.1.2.7.1 Rest of SAM Bitumen Additives Market Breakdown by Type
9.1.2.7.2 Rest of SAM Bitumen Additives Market Breakdown by Application
10. Competitive Landscape
10.1 Heat Map Analysis- By Key Players
10.2 Company Positioning & Concentration
11. South & Central America Bitumen Market Industry Landscape
11.1 Overview
11.2 Merger and Acquisitions
11.3 Product Launch
12. Company Profiles
12.1 Nouryon Chemicals Holding BV
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Ingevity Corp
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Arkema SA
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Dow Inc
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Honeywell International Inc
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Huntsman International LLC
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 BASF SE
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Kao Corp
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
13. Appendix
LIST OF TABLES
Table 1. South & Central America Bitumen Additives Market Segmentation
Table 2. South & Central America Bitumen Additives Market Volume and Forecasts To 2030 (Kilo Tons)
Table 3. South & Central America Bitumen Additives Market Revenue and Forecasts To 2030 (US$ Million)
Table 4. South & Central America Bitumen Additives Market Revenue and Forecasts To 2030 (US$ Million) - Type
Table 5. South & Central America Bitumen Additives Market Volume and Forecasts To 2030 (Kilo Tons) - Type
Table 6. South & Central America Bitumen Additives Market Revenue and Forecasts To 2030 (US$ Million) - Application
Table 7. Brazil Bitumen Additives Market Revenue and Forecasts To 2030 (US$ Million) - By Type
Table 8. Brazil Bitumen Additives Market Volume and Forecasts To 2030 (Kilo Tons) - By Type
Table 9. Brazil Bitumen Additives Market Revenue and Forecasts To 2030 (US$ Million) - By Application
Table 10. Argentina Bitumen Additives Market Revenue and Forecasts To 2030 (US$ Million) - By Type
Table 11. Argentina Bitumen Additives Market Volume and Forecasts To 2030 (Kilo Tons) - By Type
Table 12. Argentina Bitumen Additives Market Revenue and Forecasts To 2030 (US$ Million) - By Application
Table 13. Rest of SAM Bitumen Additives Market Revenue and Forecasts To 2030 (US$ Million) - By Type
Table 14. Rest of SAM Bitumen Additives Market Volume and Forecasts To 2030 (Kilo Tons) - By Type
Table 15. Rest of SAM Bitumen Additives Market Revenue and Forecasts To 2030 (US$ Million) - By Application
LIST OF FIGURES
Figure 1. South & Central America Bitumen Additives Market Segmentation, By Country
Figure 2. Porter's Five Forces Analysis
Figure 3. Ecosystem: South & Central America Bitumen Additives Market
Figure 4. South & Central America Bitumen Additives Market - Key Industry Dynamics
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. South & Central America Bitumen Additives Market Volume (Kilo Tons), 2020 - 2030
Figure 7. South & Central America Bitumen Additives Market Revenue (US$ Million), 2020 - 2030
Figure 8. South & Central America Bitumen Additives Market Share (%) - Type, 2022 and 2030
Figure 9. Polymeric Modifiers Market Revenue and Forecasts To 2030 (US$ Million)
Figure 10. Polymeric Modifiers Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 11. Anti-Strip Agents Market Revenue and Forecasts To 2030 (US$ Million)
Figure 12. Anti-Strip Agents Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 13. Ethyleneamines Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. Ethyleneamines Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 15. Polyamines Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. Polyamines Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 17. Amidoamines Market Revenue and Forecasts To 2030 (US$ Million)
Figure 18. Amidoamines Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 19. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 20. Others Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 21. Adhesion Promoters Market Revenue and Forecasts To 2030 (US$ Million)
Figure 22. Adhesion Promoters Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 23. Silanes Market Revenue and Forecasts To 2030 (US$ Million)
Figure 24. Silanes Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 25. Maleic Anhydride Market Revenue and Forecasts To 2030 (US$ Million)
Figure 26. Maleic Anhydride Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 27. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 28. Others Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 29. Emulsifiers Market Revenue and Forecasts To 2030 (US$ Million)
Figure 30. Emulsifiers Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 31. Anionic Market Revenue and Forecasts To 2030 (US$ Million)
Figure 32. Anionic Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 33. Cationic Market Revenue and Forecasts To 2030 (US$ Million)
Figure 34. Cationic Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 35. Surfactants Market Revenue and Forecasts To 2030 (US$ Million)
Figure 36. Surfactants Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 37. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 38. Others Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 39. South & Central America Bitumen Additives Market Share (%) - Application, 2022 and 2030
Figure 40. Road Construction Market Revenue and Forecasts To 2030 (US$ Million)
Figure 41. Roofing Market Revenue and Forecasts To 2030 (US$ Million)
Figure 42. Paints and Coatings Market Revenue and Forecasts To 2030 (US$ Million)
Figure 43. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 44. South & Central America Bitumen Additives Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 45. Bitumen Additives Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 46. Brazil Bitumen Additives Market Revenue and Forecasts To 2030 (US$ Million)
Figure 47. Brazil Bitumen Additives Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 48. Argentina Bitumen Additives Market Revenue and Forecasts To 2030 (US$ Million)
Figure 49. Argentina Bitumen Additives Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 50. Rest of SAM Bitumen Additives Market Revenue and Forecasts To 2030 (US$ Million)
Figure 51. Rest of SAM Bitumen Additives Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 52. Heat Map Analysis- By Key Players
Figure 53. Company Positioning & Concentration
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