Press release
Asphalt (Bitumen) Market Size to Grow at 4.03% CAGR During the Forecast Period of 2022-2027 | IOCL, Tipco Asphalt, BPCL
The Global Asphalt (Bitumen) market size is expected to expand at a CAGR of 4.03% during the forecast period, reaching USD 64500 million by 2027 was valued at USD 50900 million in 2021.Asphalt (Bitumen) Market explore investment in Market. It classify how companies deploying these technologies across various industry verticals aim to explore its future to become a major business disrupter. The Asphalt (Bitumen) study eludes very useful reviews & strategic assessment including the generic market trends, emerging technologies, industry drivers, challenges, regulatory policies that propel the market growth, along with major players profile and strategies. The study includes market share analysis and profiles of players such as SK, IOCL, Tipco Asphalt, BPCL, CRH, HPCL, LOTOS, Shell, Pertamina, KoHolding, CNOOC, S-Oil, CNPC, ExxonMobil, Marathon Oil, Rosneft, LUKOIL, Sinopec
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Asphalt (Bitumen) Market Overviwe:
The global Asphalt (Bitumen) market size was valued at USD 50900.0 million in 2021 and is expected to expand at a CAGR of 4.03% during the forecast period, reaching USD 64500.0 million by 2027.
The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment markets by type, application and region, and, as a result, provides a holistic view of, as well as a deep insight into the Asphalt (Bitumen) market covering all its essential aspects.
For the competitive landscape, the report also introduces players in the industry from the perspective of the market share, concentration ratio, etc., and describes the leading companies in detail, with which the readers can get a better idea of their competitors and acquire an in-depth understanding of the competitive situation. Further, mergers & acquisitions, emerging market trends, the impact of COVID-19, and regional conflicts will all be considered.
In a nutshell, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the market in any manner.
Market split by Type, can be divided into: -
Coal Tar Asphalt
Petroleum Asphalt
Market split by Application, can be divided into: -
Road Construction
Roofing
Major Key Players of the Market:
SK
IOCL
Tipco Asphalt
BPCL
CRH
HPCL
LOTOS
Shell
Pertamina
KoHolding
CNOOC
S-Oil
CNPC
ExxonMobil
Marathon Oil
Rosneft
LUKOIL
Sinopec
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Market segment by Region/Country including: -
-North America (United States, Canada and Mexico)
-Europe (Germany, UK, France, Italy, Russia and Spain etc.)
-Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
-South America (Brazil, Argentina and Colombia etc.)
-Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)
FIVE FORCES & PESTLE ANALYSIS:
In order to better understand Market condition five forces analysis is conducted that includes Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, Threat of rivalry.
Political (Political policy and stability as well as trade, fiscal and taxation policies)
Economical (Interest rates, employment or unemployment rates, raw material costs and foreign exchange rates)
Social (Changing family demographics, education levels, cultural trends, attitude changes and changes in lifestyles)
Technological (Changes in digital or mobile technology, automation, research and development)
Legal (Employment legislation, consumer law, health and safety, international as well as trade regulation and restrictions)
Environmental (Climate, recycling procedures, carbon footprint, waste disposal and sustainability)
Key takeaways from the Asphalt (Bitumen) market report:
1. Detailed considerate of Asphalt (Bitumen) market-particular drivers, Trends, constraints, Restraints, Opportunities and major micro markets.
2. Comprehensive valuation of all prospects and threat in the - In depth study of industry strategies for growth of the Asphalt (Bitumen) market-leading players.
3. Asphalt (Bitumen) market latest innovations and major procedures.
4. Favorable dip inside Vigorous high-tech and market latest trends remarkable the Market.
5. Conclusive study about the growth conspiracy of Asphalt (Bitumen) market for forthcoming years.
To Know How Covid-19 Pandemic Will Impact This Market
Table of Contents:
1 Asphalt (Bitumen) Market Overview
1.1 Product Overview and Scope of Asphalt (Bitumen) Market
1.2 Asphalt (Bitumen) Market Segment by Type
1.2.1 Global Asphalt (Bitumen) Market Sales Volume and CAGR (%) Comparison by Type (2017-2027)
1.3 Global Asphalt (Bitumen) Market Segment by Application
1.3.1 Asphalt (Bitumen) Market Consumption (Sales Volume) Comparison by Application (2017-2027)
1.4 Global Asphalt (Bitumen) Market, Region Wise (2017-2027)
1.4.1 Global Asphalt (Bitumen) Market Size (Revenue) and CAGR (%) Comparison by Region (2017-2027)
1.4.2 United States Asphalt (Bitumen) Market Status and Prospect (2017-2027)
1.4.3 Europe Asphalt (Bitumen) Market Status and Prospect (2017-2027)
1.4.4 China Asphalt (Bitumen) Market Status and Prospect (2017-2027)
1.4.5 Japan Asphalt (Bitumen) Market Status and Prospect (2017-2027)
1.4.6 India Asphalt (Bitumen) Market Status and Prospect (2017-2027)
1.4.7 Southeast Asia Asphalt (Bitumen) Market Status and Prospect (2017-2027)
1.4.8 Latin America Asphalt (Bitumen) Market Status and Prospect (2017-2027)
1.4.9 Middle East and Africa Asphalt (Bitumen) Market Status and Prospect (2017-2027)
1.5 Global Market Size of Asphalt (Bitumen) (2017-2027)
1.5.1 Global Asphalt (Bitumen) Market Revenue Status and Outlook (2017-2027)
1.5.2 Global Asphalt (Bitumen) Market Sales Volume Status and Outlook (2017-2027)
1.6 Global Macroeconomic Analysis
1.7 The impact of the Russia-Ukraine war on the Asphalt (Bitumen) Market
2 Industry Outlook
2.1 Asphalt (Bitumen) Industry Technology Status and Trends
2.2 Industry Entry Barriers
2.2.1 Analysis of Financial Barriers
2.2.2 Analysis of Technical Barriers
2.2.3 Analysis of Talent Barriers
2.2.4 Analysis of Brand Barrier
2.3 Asphalt (Bitumen) Market Drivers Analysis
2.4 Asphalt (Bitumen) Market Challenges Analysis
2.5 Emerging Market Trends
2.6 Consumer Preference Analysis
2.7 Asphalt (Bitumen) Industry Development Trends under COVID-19 Outbreak
2.7.1 Global COVID-19 Status Overview
2.7.2 Influence of COVID-19 Outbreak on Asphalt (Bitumen) Industry Development
3 Global Asphalt (Bitumen) Market Landscape by Player
3.1 Global Asphalt (Bitumen) Sales Volume and Share by Player (2017-2022)
3.2 Global Asphalt (Bitumen) Revenue and Market Share by Player (2017-2022)
3.3 Global Asphalt (Bitumen) Average Price by Player (2017-2022)
3.4 Global Asphalt (Bitumen) Gross Margin by Player (2017-2022)
3.5 Asphalt (Bitumen) Market Competitive Situation and Trends
3.5.1 Asphalt (Bitumen) Market Concentration Rate
3.5.2 Asphalt (Bitumen) Market Share of Top 3 and Top 6 Players
3.5.3 Mergers & Acquisitions, Expansion
4 Global Asphalt (Bitumen) Sales Volume and Revenue Region Wise (2017-2022)
4.1 Global Asphalt (Bitumen) Sales Volume and Market Share, Region Wise (2017-2022)
4.2 Global Asphalt (Bitumen) Revenue and Market Share, Region Wise (2017-2022)
4.3 Global Asphalt (Bitumen) Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.4 United States Asphalt (Bitumen) Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.4.1 United States Asphalt (Bitumen) Market Under COVID-19
4.5 Europe Asphalt (Bitumen) Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.5.1 Europe Asphalt (Bitumen) Market Under COVID-19
4.6 China Asphalt (Bitumen) Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.6.1 China Asphalt (Bitumen) Market Under COVID-19
4.7 Japan Asphalt (Bitumen) Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.7.1 Japan Asphalt (Bitumen) Market Under COVID-19
4.8 India Asphalt (Bitumen) Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.8.1 India Asphalt (Bitumen) Market Under COVID-19
4.9 Southeast Asia Asphalt (Bitumen) Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.9.1 Southeast Asia Asphalt (Bitumen) Market Under COVID-19
4.10 Latin America Asphalt (Bitumen) Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.10.1 Latin America Asphalt (Bitumen) Market Under COVID-19
4.11 Middle East and Africa Asphalt (Bitumen) Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.11.1 Middle East and Africa Asphalt (Bitumen) Market Under COVID-19
5 Global Asphalt (Bitumen) Sales Volume, Revenue, Price Trend by Type
5.1 Global Asphalt (Bitumen) Sales Volume and Market Share by Type (2017-2022)
5.2 Global Asphalt (Bitumen) Revenue and Market Share by Type (2017-2022)
5.3 Global Asphalt (Bitumen) Price by Type (2017-2022)
5.4 Global Asphalt (Bitumen) Sales Volume, Revenue and Growth Rate by Type (2017-2022)
5.4.1 Global Asphalt (Bitumen) Sales Volume, Revenue and Growth Rate of Coal Tar Asphalt (2017-2022)
5.4.2 Global Asphalt (Bitumen) Sales Volume, Revenue and Growth Rate of Petroleum Asphalt (2017-2022)
6 Global Asphalt (Bitumen) Market Analysis by Application
6.1 Global Asphalt (Bitumen) Consumption and Market Share by Application (2017-2022)
6.2 Global Asphalt (Bitumen) Consumption Revenue and Market Share by Application (2017-2022)
6.3 Global Asphalt (Bitumen) Consumption and Growth Rate by Application (2017-2022)
6.3.1 Global Asphalt (Bitumen) Consumption and Growth Rate of Road Construction (2017-2022)
6.3.2 Global Asphalt (Bitumen) Consumption and Growth Rate of Roofing (2017-2022)
7 Global Asphalt (Bitumen) Market Forecast (2022-2027)
7.1 Global Asphalt (Bitumen) Sales Volume, Revenue Forecast (2022-2027)
7.1.1 Global Asphalt (Bitumen) Sales Volume and Growth Rate Forecast (2022-2027)
7.1.2 Global Asphalt (Bitumen) Revenue and Growth Rate Forecast (2022-2027)
7.1.3 Global Asphalt (Bitumen) Price and Trend Forecast (2022-2027)
7.2 Global Asphalt (Bitumen) Sales Volume and Revenue Forecast, Region Wise (2022-2027)
7.2.1 United States Asphalt (Bitumen) Sales Volume and Revenue Forecast (2022-2027)
7.2.2 Europe Asphalt (Bitumen) Sales Volume and Revenue Forecast (2022-2027)
7.2.3 China Asphalt (Bitumen) Sales Volume and Revenue Forecast (2022-2027)
7.2.4 Japan Asphalt (Bitumen) Sales Volume and Revenue Forecast (2022-2027)
7.2.5 India Asphalt (Bitumen) Sales Volume and Revenue Forecast (2022-2027)
7.2.6 Southeast Asia Asphalt (Bitumen) Sales Volume and Revenue Forecast (2022-2027)
7.2.7 Latin America Asphalt (Bitumen) Sales Volume and Revenue Forecast (2022-2027)
7.2.8 Middle East and Africa Asphalt (Bitumen) Sales Volume and Revenue Forecast (2022-2027)
7.3 Global Asphalt (Bitumen) Sales Volume, Revenue and Price Forecast by Type (2022-2027)
7.3.1 Global Asphalt (Bitumen) Revenue and Growth Rate of Coal Tar Asphalt (2022-2027)
7.3.2 Global Asphalt (Bitumen) Revenue and Growth Rate of Petroleum Asphalt (2022-2027)
7.4 Global Asphalt (Bitumen) Consumption Forecast by Application (2022-2027)
7.4.1 Global Asphalt (Bitumen) Consumption Value and Growth Rate of Road Construction(2022-2027)
7.4.2 Global Asphalt (Bitumen) Consumption Value and Growth Rate of Roofing(2022-2027)
7.5 Asphalt (Bitumen) Market Forecast Under COVID-19
8 Asphalt (Bitumen) Market Upstream and Downstream Analysis
8.1 Asphalt (Bitumen) Industrial Chain Analysis
8.2 Key Raw Materials Suppliers and Price Analysis
8.3 Manufacturing Cost Structure Analysis
8.3.1 Labor Cost Analysis
8.3.2 Energy Costs Analysis
8.3.3 R&D Costs Analysis
8.4 Alternative Product Analysis
8.5 Major Distributors of Asphalt (Bitumen) Analysis
8.6 Major Downstream Buyers of Asphalt (Bitumen) Analysis
8.7 Impact of COVID-19 and the Russia-Ukraine war on the Upstream and Downstream in the Asphalt (Bitumen) Industry
9 Players Profiles
9.1 SK
9.1.1 SK Basic Information, Manufacturing Base, Sales Region and Competitors
9.1.2 Asphalt (Bitumen) Product Profiles, Application and Specification
9.1.3 SK Market Performance (2017-2022)
9.1.4 Recent Development
9.1.5 SWOT Analysis
9.2 IOCL
9.2.1 IOCL Basic Information, Manufacturing Base, Sales Region and Competitors
9.2.2 Asphalt (Bitumen) Product Profiles, Application and Specification
9.2.3 IOCL Market Performance (2017-2022)
9.2.4 Recent Development
9.2.5 SWOT Analysis
9.3 Tipco Asphalt
9.3.1 Tipco Asphalt Basic Information, Manufacturing Base, Sales Region and Competitors
9.3.2 Asphalt (Bitumen) Product Profiles, Application and Specification
9.3.3 Tipco Asphalt Market Performance (2017-2022)
9.3.4 Recent Development
9.3.5 SWOT Analysis
9.4 BPCL
9.4.1 BPCL Basic Information, Manufacturing Base, Sales Region and Competitors
9.4.2 Asphalt (Bitumen) Product Profiles, Application and Specification
9.4.3 BPCL Market Performance (2017-2022)
9.4.4 Recent Development
9.4.5 SWOT Analysis
9.5 CRH
9.5.1 CRH Basic Information, Manufacturing Base, Sales Region and Competitors
9.5.2 Asphalt (Bitumen) Product Profiles, Application and Specification
9.5.3 CRH Market Performance (2017-2022)
9.5.4 Recent Development
9.5.5 SWOT Analysis
9.6 HPCL
9.6.1 HPCL Basic Information, Manufacturing Base, Sales Region and Competitors
9.6.2 Asphalt (Bitumen) Product Profiles, Application and Specification
9.6.3 HPCL Market Performance (2017-2022)
9.6.4 Recent Development
9.6.5 SWOT Analysis
9.7 LOTOS
9.7.1 LOTOS Basic Information, Manufacturing Base, Sales Region and Competitors
9.7.2 Asphalt (Bitumen) Product Profiles, Application and Specification
9.7.3 LOTOS Market Performance (2017-2022)
9.7.4 Recent Development
9.7.5 SWOT Analysis
9.8 Shell
9.8.1 Shell Basic Information, Manufacturing Base, Sales Region and Competitors
9.8.2 Asphalt (Bitumen) Product Profiles, Application and Specification
9.8.3 Shell Market Performance (2017-2022)
9.8.4 Recent Development
9.8.5 SWOT Analysis
9.9 Pertamina
9.9.1 Pertamina Basic Information, Manufacturing Base, Sales Region and Competitors
9.9.2 Asphalt (Bitumen) Product Profiles, Application and Specification
9.9.3 Pertamina Market Performance (2017-2022)
9.9.4 Recent Development
9.9.5 SWOT Analysis
9.10 KoHolding
9.10.1 KoHolding Basic Information, Manufacturing Base, Sales Region and Competitors
9.10.2 Asphalt (Bitumen) Product Profiles, Application and Specification
9.10.3 KoHolding Market Performance (2017-2022)
9.10.4 Recent Development
9.10.5 SWOT Analysis
9.11 CNOOC
9.11.1 CNOOC Basic Information, Manufacturing Base, Sales Region and Competitors
9.11.2 Asphalt (Bitumen) Product Profiles, Application and Specification
9.11.3 CNOOC Market Performance (2017-2022)
9.11.4 Recent Development
9.11.5 SWOT Analysis
9.12 S-Oil
9.12.1 S-Oil Basic Information, Manufacturing Base, Sales Region and Competitors
9.12.2 Asphalt (Bitumen) Product Profiles, Application and Specification
9.12.3 S-Oil Market Performance (2017-2022)
9.12.4 Recent Development
9.12.5 SWOT Analysis
9.13 CNPC
9.13.1 CNPC Basic Information, Manufacturing Base, Sales Region and Competitors
9.13.2 Asphalt (Bitumen) Product Profiles, Application and Specification
9.13.3 CNPC Market Performance (2017-2022)
9.13.4 Recent Development
9.13.5 SWOT Analysis
9.14 ExxonMobil
9.14.1 ExxonMobil Basic Information, Manufacturing Base, Sales Region and Competitors
9.14.2 Asphalt (Bitumen) Product Profiles, Application and Specification
9.14.3 ExxonMobil Market Performance (2017-2022)
9.14.4 Recent Development
9.14.5 SWOT Analysis
9.15 Marathon Oil
9.15.1 Marathon Oil Basic Information, Manufacturing Base, Sales Region and Competitors
9.15.2 Asphalt (Bitumen) Product Profiles, Application and Specification
9.15.3 Marathon Oil Market Performance (2017-2022)
9.15.4 Recent Development
9.15.5 SWOT Analysis
9.16 Rosneft
9.16.1 Rosneft Basic Information, Manufacturing Base, Sales Region and Competitors
9.16.2 Asphalt (Bitumen) Product Profiles, Application and Specification
9.16.3 Rosneft Market Performance (2017-2022)
9.16.4 Recent Development
9.16.5 SWOT Analysis
9.17 LUKOIL
9.17.1 LUKOIL Basic Information, Manufacturing Base, Sales Region and Competitors
9.17.2 Asphalt (Bitumen) Product Profiles, Application and Specification
9.17.3 LUKOIL Market Performance (2017-2022)
9.17.4 Recent Development
9.17.5 SWOT Analysis
9.18 Sinopec
9.18.1 Sinopec Basic Information, Manufacturing Base, Sales Region and Competitors
9.18.2 Asphalt (Bitumen) Product Profiles, Application and Specification
9.18.3 Sinopec Market Performance (2017-2022)
9.18.4 Recent Development
9.18.5 SWOT Analysis
10 Research Findings and Conclusion
11 Appendix
11.1 Methodology
11.2 Research Data Source
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