Africa Bitumen Market, by Product Type (Paving Grade, Oxidized Grade, Bitumen Emulsions, Polymer Modified Bitumen, and Others), by Application (Roadways, Waterproofing, Adhesive, Insulation, and Others (Footwear, Pillows, etc.)), and by Country (South Afr

Africa Bitumen Market, by Product Type (Paving Grade, Oxidized Grade, Bitumen Emulsions, Polymer Modified Bitumen, and Others), by Application (Roadways, Waterproofing, Adhesive, Insulation, and Others (Footwear, Pillows, etc.)), and by Country (South Africa, Nigeria, Ghana, Senegal, Guinea, and Rest of Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Bitumen is a mixture of organic liquids that are highly sticky, black, viscous, and entirely soluble in carbon disulfide and primarily composed of highly condensed polycyclic aromatic hydrocarbons. Naturally, occurring bitumen is a tar-like form of petroleum which is so dense, heavy, and thick that it must be heated or diluted before it will flow. Bitumen mostly contain sulfur and various heavy metals such as vanadium, lead, nickel, chromium, mercury, and other toxic elements.
Market Dynamics
Due to highly sticky and viscous nature of bitumen, it is widely used as a waterproofing agent in roofs of residential and commercial buildings such as shopping malls and airports. Bituminous waterproofing is done to protect the roof of a building from water leakage and seepage. Natural bitumen is a tar-like form of petroleum that is dense, thick, and heavy. It comprises sulfur and various heavy metals such as vanadium, lead, nickel, chromium, mercury, and other toxic elements. Its classification is majorly based on the chemical properties as well as viscosity.When the bitumen is mixed with organic amines and amides, better adhesive properties can be achieved. When it is mixed with lime and fly ash, it provides smooth and excellent surfaces. These properties facilitate the usage of bitumen as a chemical additive.
Key features of the study:
This report provides in-depth analysis of the Africa bitumen market size (US$ Million & Kilotons) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains an attractive investment proposition matrix for this market
This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
It profiles leading players in the Africa bitumen market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Exxon Mobil Corporation, Royal Dutch Shell Plc., RAHA Bitumen, Inc., Tekfalt Binders (Pty) Ltd., SprayPave, Indian Oil Corporation Ltd., GOIL Company Limited, Wabeco Petroleum Ltd., Tiger Bitumen, and Richmond Group
Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding their future product launches, Product Type up-gradation, market expansion, and marketing tactics
The Africa bitumen market report caters to various stakeholders in this industry including investors, suppliers, bitumen manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the Africa bitumen market
Detailed Segmentation:
Africa Bitumen Market, By Product Type:
Paving Grade
Oxidized Grade
Bitumen Emulsions
Polymer Modified Bitumen
Others
Africa Bitumen Market, By Application:
Roadways
Waterproofing
Adhesive
Insulation
Others (Footwear, Pillows, etc.)
Africa Bitumen Market, By Country:
South Africa
By Product Type:
Paving Grade
Oxidized Grade
Bitumen Emulsions
Polymer Modified Bitumen
Others
By Application:
Roadways
Waterproofing
Adhesive
Insulation
Others
Nigeria
By Product Type:
Paving Grade
Oxidized Grade
Bitumen Emulsions
Polymer Modified Bitumen
Others
By Application:
Roadways
Waterproofing
Adhesive
Insulation
Others
Ghana
By Product Type:
Paving Grade
Oxidized Grade
Bitumen Emulsions
Polymer Modified Bitumen
Others
By Application:
Roadways
Waterproofing
Adhesive
Insulation
Others
Senegal
By Product Type:
Paving Grade
Oxidized Grade
Bitumen Emulsions
Polymer Modified Bitumen
Others
By Application:
Roadways
Waterproofing
Adhesive
Insulation
Others
Guinea
By Product Type:
Paving Grade
Oxidized Grade
Bitumen Emulsions
Polymer Modified Bitumen
Others
By Application:
Roadways
Waterproofing
Adhesive
Insulation
Others
Rest of Africa
By Product Type:
Paving Grade
Oxidized Grade
Bitumen Emulsions
Polymer Modified Bitumen
Others
By Application:
Roadways
Waterproofing
Adhesive
Insulation
Others
Company Profiles
Exxon Mobil Corporation*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Royal Dutch Shell Plc.
RAHA Bitumen, Inc.
Tekfalt Binders (Pty) Ltd.
SprayPave
Indian Oil Corporation Ltd.
GOIL Company Limited
Wabeco Petroleum Ltd.
Tiger Bitumen
Richmond Group
“*” marked represents similar segmentation in other categories in the respective.