Press release
APAC (Asia-Pacific) Bitumen Market Accounted for 31% Volume Share of Global Bitumen Market
According to Goldstein Research, APAC Bitumen market is expected to reach USD 34.1 billion by the end of 2024, growing at a CAGR of 6.59%. The growing infrastructure projects and maintenance of existing ones are the major driving force in the growing demand for bitumen across the APAC region. APAC Bitumen market segmentation has been done on the basis of grades, product, application, and countries. Road construction accounted for the highest application of bitumen whereas; waterproofing applications are expected to grow at the fastest rate. Based on products, Polymer Modified Bitumen (PMB) acquires the largest market share. APAC Bitumen market is aggressively growing in APAC countries on account of the rising number of infrastructure development projects.China holds two-third consumption of bitumen worldwide. India is an opportunistic country for growing bitumen consumption.
Download Exclusive Sample Report: https://www.goldsteinresearch.com/request-sample/asia-pacific-bitumen-market-outlook-2024-regional-opportunity-assessment-and-demand-analysis-market-forecast-2016-2024
Market Segmentation
APAC Bitumen Market can be segmented as follows:
By Grades
• Hard Grade
• Soft Grade
• Polymer Modified Bitumen (PMB)
By Product
• Paving grade bitumen
• Oxidized bitumen
• Cutback bitumen
• Bitumen emulsion
• Polymer Modified Bitumen (PMB)
• Others (including bitumen formed due to addition of zinc, copper, etc.)
By Application
• Roadways
• Waterproofing
• Adhesives
• Insulation
• Others
By Region
• China Bitumen Market Analysis, 2016-2024
• Japan Bitumen Market Analysis, 2016-2024
• India Bitumen Market Analysis, 2016-2024
• Australia Bitumen Market Analysis, 2016-2024
• Taiwan Bitumen Market Analysis, 2016-2024
• South Korea Bitumen Market Analysis, 2016-2024
• Indonesia Bitumen Market Analysis, 2016-2024
• Thailand Bitumen Market Analysis, 2016-2024
• Singapore Bitumen Market Analysis, 2016-2024
• New Zealand Bitumen Market Analysis, 2016-2024
Browse Full Report: https://www.goldsteinresearch.com/report/asia-pacific-bitumen-market-outlook-2024-regional-opportunity-assessment-and-demand-analysis-market-forecast-2016-2024
“Asia Pacific Bitumen Market Outlook 2024” contains a detailed overview of the Asia Pacific bitumen market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by grades, product, application and countries.
The Asia Pacific Bitumen Market Report encompasses the competitive outlook of major players that summarises the business strategies, revenue distribution, product portfolio, financial analysis, R&D activities and investments. The comprehensive analysis of bitumen market report helps the clients to assess their business strategies as per the competitive environment in the market space.
Major players of the Asia Pacificbitumen market discussed in the report are: British Petroleum, Indian Oil Corporation, Total S.A., Royal Dutch Shell Plc., JX Nippon Oil & Energy Corporation, Petroleos Mexicanos, Chevron Texaco Corporation, China Petroleum and Chemical Corporation,Bouygues S.A., NuStar Energy, Villas Austria GmbH, Exxon Mobil Corporation, Marathon Oil Corporation, Nynas AB, PetróleosMexicanos (PEMEX), Valero Energy Corporation, Shell, etc.
Further, Asia Pacific Bitumen Market Report encompasses the major trends & growth opportunities, market dynamics, and other growth factors. The Bitumen Market outlook also comprises of key challenges for the market players, risk analysis, SWOT Analysis, BPS analysis and Market Attractiveness. The report also includes the expert analysis which provides a complete overview of the market post analysis of the economic, political, environmental & social factors of each region and country.
Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.
Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.
Our analysts working on chemical industry research reports helping various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.
99 Wall Street ,Suite No-
527, New York, NY 10005
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release APAC (Asia-Pacific) Bitumen Market Accounted for 31% Volume Share of Global Bitumen Market here
News-ID: 1237325 • Views: …
More Releases from Goldstein Research
Asia Pacific is likely to dominate Vitamin Ingredients Market through 2024- Gold …
According to Goldstein Research, global vitamin ingredients market is expected to grow from USD 5.9 billion in 2016 to reach USD 8.5 billon by 2024, growing at a compounded annual growth rate of 5.0% over the forecast period 2016-2024. The factors such as rising geriatric population and top players expanding their market to cater new demand for multi-vitamin based products is driving the growth of the market. Global vitamin ingredients…
Need to Shift from Fossil Fuels to Renewable Energy Resources drives Biofuels Ma …
According to Goldstein Research, Biofuel Industry is expected to reach more than USD 246.52 billion by 2024 from USD 168.18billion in 2016, growing at a compounded annual growth rate of 4.92% over the forecast period 2016-2024. First-generation biofuel, also known as starch-based ethanol, represents the vast majority of biofuel that is being added, as a 10% combination, into gasoline today. For the most part, in the US, it is derived…
Aircraft APU Market Growing on the back of Expansions of Aircraft Manufacturing …
According to Goldstein Research, major driving factor for the expansion of the global aircraft auxiliary power unit market is the high demand for using APU, hence the current demand has reached to 95,000 units of global annual production. Because of the advantages of using an auxiliary power unit (APU) as a supporting engine, the demand for auxiliary power unit is expected to boost over the forecast years. Global aircraft auxiliary…
Shortage of Lithium Deposits and Charging Infrastructure Likely to weaken Electr …
The Indian automotive industry is one of the major growing markets of the world, and vastly contributes in the country’s industrialized facilities. The automobile industry in India is further projected to upsurge the share of manufacturing in India’s GDP to 25% by 2024 from 15% presently, with manufacturing of electric vehicles being automotive sensation in India. Although, the India’s electric vehicles market is at its emerging stage as of now,…
More Releases for Bitumen
Modified Bitumen Market 2021 | Detailed Report
Global Modified Bitumen Market 2021-2027, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market. An exclusive data offered in this report is collected by research and industry experts team.
Get Free Sample PDF (including full TOC, Tables and Figures)…
Future growth of Bitumen Emulsifier market
We'll help you fight this crisis through our business intelligence solutions.
Check out How COVID-19 Impact on the Industry and Connect with Our Analyst to Contextualize Our Insights for Your Business: https://www.researchdive.com/connect-to-analyst/28
Pre COVID-19 Analysis on Bitumen Emulsifier Market
From the snaky mountain roads to large four-lane highways, our roads have long and captivating history. At first roads were thoughtlessly developed by humans taking the same routes repeatedly in search of water…
COVID-19 Study: Bitumen Emulsifier Market | Modified Bitumen Emulsion Is Predict …
As per a new report published by Research Dive, the global bitumen emulsifier market is set to generate a revenue of $154.3 million by 2026, at a CAGR of 3.9% during the forecast period from 2019 to 2026. The segmentation of the market has been done on the basis of type, type of setting, application, end use, and region. The report provides in-depth insights on drivers, vital segments, opportunities, restraints,…
Global Market Study on Bitumen: Paving Grade Bitumen to Hold Significant Share d …
According to a new market report published by Persistence Market Research, titled “Global Market Study on Bitumen: Paving Grade Bitumen to Hold Significant Share during the Forecast Period, 2016 - 2022 ”, the global bitumen market is estimated to reach US$ 94,748.2 Mn by 2022.
Request For Report Sample@ https://www.persistencemarketresearch.com/samples/10721
A mixture of highly sticky, black, viscous organic liquids that is entirely soluble in carbon disulfide and primarily composed of…
Industry Analysis & Forecast 2020 | Bitumen Market
The global bitumen market will expand at a CAGR of 3.90% from 2014 to 2020. The market was valued at US$71.44 bn in 2013. It is expected to reach US$93.38 bn by the end of 2020, according to a research report released by Transparency Market Research. The report titled “Global Bitumen Market - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020” is now available on the company…
Bitumen Market: Polymer Modified Bitumen to Remain Dominant Product Segment | Re …
The global bitumen market is fragmented. The market is also very competitive on account of the growing number of regional players in the market, states a new report by Transparency Market Research (TMR). Companies such as Shell, Valero Energy Corporation, Imperial Oil Limited, and Petróleos Mexicanos (PEMEX) are integrated and have their presence across the three stages of the value chain.
Players are focusing on catering to the demands from…
