Press release
Petroleum Asphalt market Global Analysis by Outlook Profiling as ConocoPhillips, CRH, Pasargad Oil Company, Marathon Oil, Petrobras
Petroleum Asphalt Market, Petroleum Asphalt Market Study, Petroleum Asphalt Market Size, Petroleum Asphalt Market Segmentation, Pe
The prime objective of Petroleum Asphalt Market report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report.
Currently, there are several producing companies in the world petroleum asphalt industry. The main players are ExxonMobil, Shell, Cnooc, Sinopec, ConocoPhillips, CRH and Pasargad Oil Company. The global production of petroleum asphalt will increase to 180.26 M MT in 2018 from 134.64 M MT in 2013 with average growth rate of 6.01%.
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Best Manufacturers and players in global market are given bellow:-
ExxonMobil, Cnooc, Sinopec, CNPC, ConocoPhillips, CRH, Pasargad Oil Company, Marathon Oil, Petrobras, Total, Valero, Rosneft, Axeon, SK, Tipco
And More……
Petroleum asphalt is a sticky, black and highly viscous liquid or semi-solid that is present in most petroleum crude oils and in some natural deposits. Petroleum crude oil is a complex mixture of a great many different hydrocarbons. Petroleum asphalt is defined as that part of crude oil which is separated from the higher-boiling hydrocarbons in crude oil by precipitation upon the addition of lower-boiling hydrocarbon solvents such as propane, pentane, hexane or petroleum asphalt. The precipitated material consists of asphaltenes which have an average molecular weight of about (800 - 2500 g/mole) and exist in the form of flat sheets of polyaromatic condensed rings with short aliphatic chains.
Petroleum asphalt has two grades, which include paving petroleum asphalt and industrial petroleum asphalt. And each type has different application people and places relatively. With versatility of petroleum asphalt, the downstream application industries will need more petroleum asphalt products. So, petroleum asphalt has a huge market potential in the future.
Segmentation by product type:
Paving Petroleum Asphalt
Industrial Petroleum Asphalt
Segmentation by application:
Paving
Roofing
Other
Petroleum Asphalt market report provides regional analysis & forecast (2018-2023) including following regions:
North America(USA, Canada and Mexico)
Europe(Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America(Brazil, Argentina, Columbia etc.)
Middle East and Africa(Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Some key points of Petroleum Asphalt Market research report: –
-Who Are Petroleum Asphalt Market Key Manufacturers? Along with this survey you also get their Product Information (Type, Application and Specification).
-What Overview Petroleum Asphalt Market Says? This Overview Includes Diligent Analysis of Scope, Types, Application, Sales by region, manufacturers, types and applications.
-What Is Petroleum Asphalt Market Competition considering Manufacturers, Types and Application? Based on Thorough Research of Key Factors
-What is Petroleum Asphalt Market forecast (2018-2023) Considering Sales, Revenue for Regions, Types and Applications?
The next part also sheds light on the gap between supply and consumption. Apart from the mentioned information, growth rate of Petroleum Asphalt market in 2023 is also explained. Additionally, type wise and application wise consumption tables and figures of Petroleum Asphalt market are also given.
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Research objectives
To study and analyze the global Petroleum Asphalt consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Petroleum Asphalt market by identifying its various subsegments.
Focuses on the key global Petroleum Asphalt manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Petroleum Asphalt with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Petroleum Asphalt submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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