South & Central America Bitumen Additives Market Forecast to 2030 - Regional Analysis - by Type and Application (Road Construction, Roofing, Paints & Coatings, and Others)

List of Tables

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.

Reasons to Buy:

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South & Central America bitumen additives market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the South & Central America bitumen additives market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth South & Central America market trends and outlook coupled with the factors driving the bitumen additives market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

Product Code: BMIRE00029088

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
- 9.1.2 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