Bitumen emulsion is a mixture that is formed when water is mixed with bitumen with the help of emulsifiers too. Emulsifiers are used because bitumen is immiscible with water as it is an oil product. Thus, Bitumen emulsion is a mixture containing optimal amounts of bitumen, water, and an emulsifier. When this mixture of Bitumen emulsions is further treated by passing air through them then the bitumen emulsifier turns into a rubbery substance. This is called oxidized bitumen or brown bitumen. Generally, oxidized bitumen is used as an anti-slip agent. Modified Bitumen (PMB & CRMB) are used for roofing purposes and are specifically used in houses with low slopes or flat roofs. The usage of Modified Bitumen in roofing gives trusted protection to your roof.
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Why Investment In Bitumen Emulsion Plant Is A Great Business Opportunity?
The black rubbery material – bitumen emulsion – is used for several purposes including roofing and other household infrastructure as well as for road construction purposes. It plays an important role in the field of construction. The demand for bitumen has been growing at an increased rate. The key factor for an increase in the demand for bitumen emulsion is the various government policies that highlight a need for road construction and development for other public places. Bitumen emulsion also plays an important role in the purposes like repairing of roads and maintenance of public places.
The global market of bitumen emulsion plants is expected to reach and cross an amount of USD 116.6 billion by the year 2026. In the year 2018, the revenue collected through the bitumen emulsifier industry had been USD 85.7 million. The growth in the bitumen emulsion plant industry will be witnessing a growth in its market at a CGAR rate of 4 % till the year 2026.
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The roadways are the primary areas where the bitumen emulsifiers are required as they are the most used mode of transport. Thus, the government takes an initiative to take care of any damage caused or problems faced in these roadways as well as looking into the maintenance and damage repair of these roadways. The gradual need for improvement of these areas also leads to high demand for bitumen emulsion. The enhancement and adoption of newer and better structures in these roadways are being adopted too, this in turn also promotes the need for more and more production of bitumen emulsions, thus leading to an increased demand for bitumen emulsion plants.
The demand for bitumen emulsions also is significantly high for household infrastructure purposes. The demand for the construction of new houses, as well as the renovation of houses, hints at an increase in the demand for bitumen emulsions. Moreover, the general requirement of various forms of repairs, as well as improvements in roofing, also contributes to an increased demand for bitumen emulsion and thus there is a high demand for bitumen emulsion plants.
There has been an increased demand for modified bitumen like PMB in the bitumen emulsion market. This is consequently leading to the lowering of environmental hazards. Further, the PMB industry has faced considerable growth in the past 5 years and has thus led to the growth and expansion of bitumen emulsion plants as well as companies.
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Conclusion
The project report on the bitumen emulsion and the bitumen emulsion plant market by Niir Project and Consultancy Services has provided details about the market. The current market scenario and future prospectus of the bitumen emulsion plant industry, as well as the details of its manufacturing and production and key indicators of the growth of the bitumen emulsion industry, has been mentioned in the project report developed by NPCS. The detailed project reports on the bitumen emulsion plant industry by NPCS have been verified and attested.
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