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Bitumen Market By Grade Type (Paving Grade, Hard Grade, Oxidized Grade, Bitumen Emulsions, Polymer Modified Bitumen), By Application (Road Construction, Waterproofing, Adhesives, Insulation) - Growth, Future Prospects And Competitive Analysis 2017 – 2025

This report titled “Bitumen Market - Growth, Future Prospects, and Competitive Analysis, 2017 – 2025” offers strategic insights into the trends in bitumen market along with the market size and forecast for the duration 2017 to 2025. The said research study incorporates in-depth analysis of multiple market segments based grade, application and geographical distribution.

The global bitumen market is becoming increasingly competitive with growing number of mergers and collaborations between market players to expand their production capabilities to meet the demand for bitumen. In addition, several players are also focused on developing their niche in the market. Rapid growth of this market has also resulted in creating further skilled job opportunities in major hubs spread across North America, Europe, Latin America, Middle East & Africa and Asia Pacific.

Based on grade type, the global bitumen market is segmented as paving grade, hard grade, oxidizing grade, bitumen emulsions and polymer modified bitumen. On the basis of application, the global bitumen market is categorized into road construction, water proofing, adhesives, and insulation. In addition, bitumen manufacturing companies, distributors and academic organizations form the major client types for bitumen market. Market size (Mn Tons) (US$ Bn) and forecast for all the considered segmentation is presented in this report for the period 2015-2025 along with their respective CAGRs (%) for the forecast period 2017-2025.

Bitumen Market

In terms of geographical distribution, the global Bitumen market is a study for five major regions namely, North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Market size and forecast for each regional and country-level market are included in the report for the considered periods. To further elucidate, the geographical distribution of the global bitumen market is performed as follows:

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • GCC
    • Rest of MEA

Along with the quantitative information sets, this report also provides qualitative information such as market dynamics and executive summary for the global bitumen market. Tools such as competition assessment and attractive investment proposition are also included in the report to provide the readers with competitive mapping assistance. This study concludes with company profiles section. This section includes major information about the key companies engaged in development, and provision of bitumen.

For the purpose of this study, the global bitumen market is categorized into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America (LATAM)
  • Middle East and Africa (MEA)

Bitumen Market

On the basis of geography, global bitumen market can be segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. In 2016, Asia Pacific accounted for the largest share in global bitumen market and also projected to witness robust growth during the forecast period. Rising investment in road infrastructure especially in high growth economies such as India and China anticipated to drive the demand for bitumen in the region. Rapid urbanization, economic development and development of transport infrastructure is projected to drive the demand for the bitumen in the region. Road infrastructure projects including construction of CEPC (China Pakistan Economic Corridor), freedom corridor initiative by India and Japan aimed to connect to South Asia and East Africa are among projects anticipated to fuel the demand for bitumen in the region over the forecast period (2017-2025).

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Published Date:  May 2017
Category:  Oil & Gas
Report ID:   58474
Report Format:   PDF
Pages:   120
Rating:    4.3 (65)
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