Middle East & Africa 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)
The Middle East & Africa bitumen additives market is expected to grow from US$ 306.74 million in 2022 to US$ 457.86 million by 2030. It is estimated to grow at a CAGR of 5.1% from 2022 to 2030.
Strategic Product Innovations and Research by Key Market Players Drives Middle East & Africa 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. In 2023, a researcher from Sarsam and Associates Consult Bureau (Iraq) reviewed the utilization of micro-sized fly ash and nano-sized silica fumes to extend the fatigue life of the pavement. In 2022, SoyLei Innovations aimed at developing a rejuvenator product, a compound made of soybean oil that can be mixed with recycled asphalt. In 2022, Aggregate Industries launched Foamix, a cold-mix asphalt containing 92% recycled materials and 85% reclaimed asphalt pavement. Thus, rising strategic product innovations and research by key market players are expected to create lucrative opportunities for the Middle East & Africa bitumen additives market over the coming years.
Middle East & Africa Bitumen Additives Market Overview
A rise in demand for construction materials due to a surge in infrastructural projects, sustainable construction, and industrialization in the Middle East & Africa are driving the demand for construction and building materials. The construction of commercial infrastructure has upsurged in the region due to the growing tourism industry and the rising immigrant population. The rising urban population has increased the construction of private residential buildings in semi-urban and urban cities, prompting governments to invest in the building & construction industry. Over the last ten years, the UAE government has invested extensively in airport developments and expansion projects, namely US$ 8.1 billion in Al Maktoum International Airport in Dubai, US$ 7.6 billion in the Dubai International Airport Expansion Phase 4, US$ 6.8 billion in Abu Dhabi Airport development and expansion plans, and ~US$ 400 million in Sharjah’s International Airport terminal expansion. In 2021, the construction of the Jeddah Corniche Circuit (Saudi Arabia) was finished, which involved the utilization of 37 thousand tons of asphalt, 600 thousand tons of cement, 30 thousand square meters of bricks, and 1.4 thousand tons of glass. The growing need for residential and commercial buildings in the Middle East & Africa is expected to create lucrative opportunities for bitumen, bitumen additives, and other building materials in the Middle East & Africa. Rising construction activities across the region and increasing government spending on infrastructure development through programs such as Saudi Vision 2030 and Abu Dhabi Economic Vision 2030 are expected to positively impact the Middle East & Africa bitumen additives market during the forecast period.
Middle East & Africa Bitumen Additives Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa Bitumen Additives Market Segmentation
The Middle East & Africa bitumen additives market is segmented into type, adhesion promoters, emulsifiers, application, and country.
Based on type, the Middle East & Africa 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 Middle East & Africa 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 Middle East & Africa 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 Middle East & Africa bitumen additives market.
Based on country, the Middle East & Africa bitumen additives market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. In 2022, Saudi Arabia segment registered the largest share in the Middle East & Africa bitumen additives market.
Nouryon Chemicals Holding BV, Ingevity Corp, Arkema SA, Dow Inc, Honeywell International Inc, Huntsman International LLC, BASF SE, and Kao Corp are some of the leading companies operating in the Middle East & Africa bitumen additives market.
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- 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. Middle East & Africa 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. Middle East & Africa 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 – Middle East & Africa Market Analysis
- 6.1 Middle East & Africa Bitumen Additives Market Volume (Kilo Tons), 2020 – 2030
- 6.2 Middle East & Africa Bitumen Additives Market Revenue (US$ Million), 2020 – 2030
- 6.3 Middle East & Africa Bitumen Additives Market Forecast and Analysis
- 7. Middle East & Africa 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: Middle East & Africa Bitumen Additives Market – Revenue and Forecast to 2028 (US$ Million)
- 7.2.3.1.3 Ethyleneamines: Middle East & Africa 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: Middle East & Africa Bitumen Additives Market – Revenue and Forecast to 2028 (US$ Million)
- 7.2.3.2.3 Polyamines: Middle East & Africa 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: Middle East & Africa Bitumen Additives Market – Revenue and Forecast to 2028 (US$ Million)
- 7.2.3.3.3 Amidoamines: Middle East & Africa 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: Middle East & Africa Bitumen Additives Market – Revenue and Forecast to 2028 (US$ Million)
- 7.2.3.4.3 Others: Middle East & Africa 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: Middle East & Africa Bitumen Additives Market – Revenue and Forecast to 2028 (US$ Million)
- 7.3.3.1.3 Silanes: Middle East & Africa 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: Middle East & Africa Bitumen Additives Market – Revenue and Forecast to 2028 (US$ Million)
- 7.3.3.2.3 Maleic Anhydride: Middle East & Africa 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: Middle East & Africa Bitumen Additives Market – Revenue and Forecast to 2028 (US$ Million)
- 7.3.3.3.3 Others: Middle East & Africa 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: Middle East & Africa Bitumen Additives Market – Revenue and Forecast to 2028 (US$ Million)
- 7.4.3.1.3 Anionic: Middle East & Africa 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: Middle East & Africa Bitumen Additives Market – Revenue and Forecast to 2028 (US$ Million)
- 7.4.3.2.3 Cationic: Middle East & Africa 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. Middle East & Africa 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. Middle East & Africa Bitumen Additives Market - Country Analysis
- 9.1 Overview
- 9.1.1 Middle East and Africa Bitumen Additives Market Revenue and Forecasts and Analysis - By Countries
- 9.1.1.1 Middle East & Africa Bitumen Additives Market Breakdown by Country
- 9.1.1.2 South Africa Bitumen Additives Market Revenue and Forecasts to 2030 (US$ Million)
- 9.1.1.3 South Africa Bitumen Additives Market Volume and Forecasts to 2030 (Kilo Tons)
- 9.1.1.3.1 South Africa Bitumen Additives Market Breakdown by Type
- 9.1.1.3.2 South Africa Bitumen Additives Market Breakdown by Application
- 9.1.1.4 Saudi Arabia Bitumen Additives Market Revenue and Forecasts to 2030 (US$ Million)
- 9.1.1.5 Saudi Arabia Bitumen Additives Market Volume and Forecasts to 2030 (Kilo Tons)
- 9.1.1.5.1 Saudi Arabia Bitumen Additives Market Breakdown by Type
- 9.1.1.5.2 Saudi Arabia Bitumen Additives Market Breakdown by Application
- 9.1.1.6 UAE Bitumen Additives Market Revenue and Forecasts to 2030 (US$ Million)
- 9.1.1.7 UAE Bitumen Additives Market Volume and Forecasts to 2030 (Kilo Tons)
- 9.1.1.7.1 UAE Bitumen Additives Market Breakdown by Type
- 9.1.1.7.2 UAE Bitumen Additives Market Breakdown by Application
- 9.1.1.8 Rest of MEA Bitumen Additives Market Revenue and Forecasts to 2030 (US$ Million)
- 9.1.1.9 Rest of MEA Bitumen Additives Market Volume and Forecasts to 2030 (Kilo Tons)
- 9.1.1.9.1 Rest of MEA Bitumen Additives Market Breakdown by Type
- 9.1.1.9.2 Rest of MEA Bitumen Additives Market Breakdown by Application
- 10. Competitive Landscape
- 10.1 Heat Map Analysis- By Key Players
- 10.2 Company Positioning & Concentration
- 11. Middle East & Africa 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. Middle East & Africa Bitumen Additives Market Segmentation
- Table 2. Middle East & Africa Bitumen Additives Market Volume and Forecasts To 2030 (Kilo Tons)
- Table 3. Middle East & Africa Bitumen Additives Market Revenue and Forecasts To 2030 (US$ Million)
- Table 4. Middle East & Africa Bitumen Additives Market Revenue and Forecasts To 2030 (US$ Million) – Type
- Table 5. Middle East & Africa Bitumen Additives Market Volume and Forecasts To 2030 (Kilo Tons) – Type
- Table 6. Middle East & Africa Bitumen Additives Market Revenue and Forecasts To 2030 (US$ Million) – Application
- Table 7. South Africa Bitumen Additives Market Revenue and Forecasts To 2030 (US$ Million) – By Type
- Table 8. South Africa Bitumen Additives Market Volume and Forecasts To 2030 (Kilo Tons) – By Type
- Table 9. South Africa Bitumen Additives Market Revenue and Forecasts To 2030 (US$ Million) – By Application
- Table 10. Saudi Arabia Bitumen Additives Market Revenue and Forecasts To 2030 (US$ Million) – By Type
- Table 11. Saudi Arabia Bitumen Additives Market Volume and Forecasts To 2030 (Kilo Tons) – By Type
- Table 12. Saudi Arabia Bitumen Additives Market Revenue and Forecasts To 2030 (US$ Million) – By Application
- Table 13. UAE Bitumen Additives Market Revenue and Forecasts To 2030 (US$ Million) – By Type
- Table 14. UAE Bitumen Additives Market Volume and Forecasts To 2030 (Kilo Tons) – By Type
- Table 15. UAE Bitumen Additives Market Revenue and Forecasts To 2030 (US$ Million) – By Application
- Table 16. Rest of MEA Bitumen Additives Market Revenue and Forecasts To 2030 (US$ Million) – By Type
- Table 17. Rest of MEA Bitumen Additives Market Volume and Forecasts To 2030 (Kilo Tons) – By Type
- Table 18. Rest of MEA Bitumen Additives Market Revenue and Forecasts To 2030 (US$ Million) – By Application
- List of Figures
- Figure 1. Middle East & Africa Bitumen Additives Market Segmentation, By Country
- Figure 2. Porter's Five Forces Analysis
- Figure 3. Ecosystem: Middle East & Africa Bitumen Additives Market
- Figure 4. Middle East & Africa Bitumen Additives Market - Key Industry Dynamics
- Figure 5. Impact Analysis of Drivers and Restraints
- Figure 6. Middle East & Africa Bitumen Additives Market Volume (Kilo Tons), 2020 – 2030
- Figure 7. Middle East & Africa Bitumen Additives Market Revenue (US$ Million), 2020 – 2030
- Figure 8. Middle East & Africa 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. Middle East & Africa 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. Middle East & Africa Bitumen Additives Market Breakdown by Key Countries- Revenue (2022) (US$ Million)
- Figure 45. Middle East & Africa Bitumen additives market Breakdown by Key Countries, 2022 and 2030 (%)
- Figure 46. South Africa Bitumen Additives Market Revenue and Forecasts To 2030 (US$ Million)
- Figure 47. South Africa Bitumen Additives Market Volume and Forecasts To 2030 (Kilo Tons)
- Figure 48. Saudi Arabia Bitumen Additives Market Revenue and Forecasts To 2030 (US$ Million)
- Figure 49. Saudi Arabia Bitumen Additives Market Volume and Forecasts To 2030 (Kilo Tons)
- Figure 50. UAE Bitumen Additives Market Revenue and Forecasts To 2030 (US$ Million)
- Figure 51. UAE Bitumen Additives Market Volume and Forecasts To 2030 (Kilo Tons)
- Figure 52. Rest of MEA Bitumen Additives Market Revenue and Forecasts To 2030 (US$ Million)
- Figure 53. Rest of MEA Bitumen Additives Market Volume and Forecasts To 2030 (Kilo Tons)
- Figure 54. Heat Map Analysis- By Key Players
- Figure 55. Company Positioning & Concentration
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