Press release
Petroleum Asphalt Market Rising at 6.9% CAGR During 2019-2024; Top players | ExxonMobil, Cnooc, Sinopec, CNPC, ConocoPhillips, CRH, Pasargad Oil Company, Marathon Oil, Petrobras, Shell, Total, Valero, Rosneft, Axeon, SK, Tipco, IOCL, Gazprom Neft PJSC, Pe
Petroleum Asphalt Market
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.
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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%.
In consumption market, North America, Europe and China are the mainly consumption regions due to the bigger demand of downstream applications. In 2017, these three regions occupied 66.23% of the global consumption volume in total.
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.
The major raw materials for petroleum asphalt are crude oil. Fluctuations in the price of crude oil will impact on the production cost of petroleum asphalt. The production cost of petroleum asphalt is also an important factor which could impact the price of petroleum asphalt.
We tend to believe this industry is a rising industry, and the consumption increasing degree will show a smooth growth curve. And the price presents fluctuation according to the economy development status and international competition. Also, there is fluctuation in gross margin.
Scope of the Report:
This report focuses on the Petroleum Asphalt Market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, types and applications.
Petroleum Asphalt Market Segment by Top Manufacturers Including:
• ExxonMobil
• Cnooc
• Sinopec
• CNPC
• ConocoPhillips
• CRH
• Pasargad Oil Company
• Marathon Oil
• Petrobras
• Total
• Valero
• Rosneft
• Axeon
• SK
• Tipco
• IOCL
• Gazprom Neft PJSC
• Pemex
• Suncor Energy
• Repsol
• Nynas
• HPCL
• Ko? Holding
• Shell
• LOTOS
• Husky Energy
Petroleum Asphalt Market Segment by Regions, regional analysis covers:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Petroleum Asphalt Market Segment by Type covers
• Paving Petroleum Asphalt
• Industrial Petroleum Asphalt
Market Segment by Applications can be divided into:
• Paving
• Roofing
• Other
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There are 15 Chapters to deeply display the global Petroleum Asphalt market.
Chapter 1, to describe Petroleum Asphalt product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Petroleum Asphalt, with price, sales, revenue and global market share of Petroleum Asphalt in 2017 and 2018.
Chapter 3, the Petroleum Asphalt competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Petroleum Asphalt breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Petroleum Asphalt market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Petroleum Asphalt sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Table of Contents:
1 Petroleum Asphalt Market Overview
2 Petroleum Asphalt Market Manufacturers Profiles
3 Global Petroleum Asphalt Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018)
4 Global Petroleum Asphalt Market Analysis by Regions
5 North America Petroleum Asphalt by Country
6 Europe Petroleum Asphalt by Country
7 Asia-Pacific Petroleum Asphalt by Country
8 South America Petroleum Asphalt by Country
9 Middle East and Africa Petroleum Asphalt by Countries
10 Global Petroleum Asphalt Market Segment by Type
11 Global Petroleum Asphalt Market Segment by Application
12 Petroleum Asphalt Market Forecast (2019-2024)
13 Sales Channel, Distributors, Traders and Dealers
For more information on this report at: https://www.marketstudyreport.com/reports/global-petroleum-asphalt-market-2019-by-manufacturers-regions-type-and-application-forecast-to-2024/?utm_source=Openpr.com-SP
Related Report:
United States Petroleum Asphalt Market Report 2018
In this report, the United States Petroleum Asphalt market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025.
https://www.marketstudyreport.com/reports/united-states-petroleum-asphalt-market-report-2018?utm_source=Openpr.comRR-SP
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