Press release
Bitumen Market Report - Comprehensive Analysis on Global Market by Company, by Dynamics, by Region, by Type, and by Application (2020-2027)
The global Bitumen market report provided by Global Market Monitor analyzes the industry and major market trends in detail, and divides the market size by volume and value according to application types and geographic locations.
Bitumen adhesives are an essential element in a variety of road applications due to their high strength, durability and resilience. Concrete contains a small amount of Bitumen, which acts as a binder to enhance its resistance. Asia Pacific is a major market that is expected to increase its Bitumen consumption due to the growth of the construction industry in India, China, Thailand and Vietnam, as well as the extensive road network in the region. The North America market is expected to expand significantly due to the increasing demand for reconstruction of existing assets such as bridges, roads, and buildings.
Bitumen is a complex black-brown mixture of hydrocarbons of different molecular weights and their non-metallic derivatives. Bitumen is a high viscosity organic liquid that is liquid with a black surface and is soluble in carbon disulfide. Bitumen is a water and moisture resistant and corrosion resistant organic binder.
Bitumen is expected to grow significantly over the next few years due to its widespread use in various applications such as roads, waterproofing, insulation, and adhesives. Rapid urbanization in emerging markets is driving an increase in infrastructure activities. This has led to an increase in demand for Bitumen. Increasing demand for infrastructure due to growing population and rising standard of living is expected to drive the Bitumen market growth. Increasing awareness about climate change and global warming will drive the demand for roofing, which in turn will drive the demand for Bitumen in the coming years. Moreover, increasing government spending on construction will further drive the growth of Bitumen industry in the near future.
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Prime Competitors
The leading companies in the Bitumen market cover
China Petroleum and Chemical Corporation
JX Nippon Oil & Energy Corporation
Shell
ExxonMobil
Indian Oil Corporation
Nynas AB
Sinopec China
Marathon Oil Company
NuStar Energy
ChevronTexaco Corporation
BP
Bitumen Market: Application Outlook
Emulsion
Polymer Modified
Roadways
Waterproofing
Adhesives
Other
Type Synopsis:
Natural Bitumen
Petroleum Bitumen
Coal-Tar Pitch
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Bitumen Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Bitumen Market by Types
4 Segmentation of Bitumen Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Bitumen Market in Major Countries
7 North America Bitumen Landscape Analysis
8 Europe Bitumen Landscape Analysis
9 Asia Pacific Bitumen Landscape Analysis
10 Latin America, Middle East & Africa Bitumen Landscape Analysis
11 Major Players Profile
…
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Bitumen Market: Region Outlook
North America (U.S., Canada, Mexico)
Europe (Germany, France, Italy, Spain, U.K., Nordic Countries, Belgium, Russia, Rest of Europe)
Asia Pacific (China, India, Australia, Japan, South Korea, Australia and New Zealand, Rest of Asia Pacific)
Latin America, Middle East & Africa (Brazil, Nigeria, Argentina, South Africa, GCC Countries)
Others
Bitumen Market Intended Audience:
• Bitumen manufacturers
• Bitumen traders, distributors, and suppliers
• Bitumen industry associations
• Product managers, Bitumen industry administrator, C-level executives of the industries
• Market Research and consulting firms
What Information does this report contain?
The report covers the prediction and analysis of the global Bitumen market at the global and regional levels.
The report includes drivers and constraints that affect market growth.
Discussed details about market opportunities
The assessments for the regional market layout characteristics in the world.
The report includes detailed company profiles for prominent market participants.
Available Customizations – Market Monitor offers customizations according to the company's specific needs.
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Get More Information on Global Market Monitor:
Polymer Modified Bitumen Market Report
https://www.globalmarketmonitor.com/reports/587736-polymer-modified-bitumen-market-report.html
Petroleum Asphalt Market Report
https://www.globalmarketmonitor.com/reports/590001-petroleum-asphalt-market-report.html
Mineral-oil-based Lubricants Market Report
https://www.globalmarketmonitor.com/reports/587116-mineral-oil-based-lubricants-market-report.html
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About Global Market Monitor
Global Market Monitor is a professional modern consulting company, engaged in three major business categories such as market research services, business advisory, technology consulting.
We always maintain the win-win spirit, reliable quality and the vision of keeping pace with The Times, to help enterprises achieve revenue growth, cost reduction, and efficiency improvement, and significantly avoid operational risks, to achieve lean growth. Global Market Monitor has provided professional market research, investment consulting, and competitive intelligence services to thousands of organizations, including start-ups, government agencies, banks, research institutes, industry associations, consulting firms, and investment firms.
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