Bitumen Market, By Product type (Paving Grade, Hard Grade, Oxidized Grade, Bitumen Emulsion, Polymer Modified), By End User (Road Construction, Waterproofing, Others), and By Region (North America, Latin America, Europe, Asia-Pacific, Middle East & Africa

Bitumen Market, By Product type (Paving Grade, Hard Grade, Oxidized Grade, Bitumen Emulsion, Polymer Modified), By End User (Road Construction, Waterproofing, Others), and By Region (North America, Latin America, Europe, Asia-Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Bitumen is a highly viscous organic liquid which is derived from the residual products of the petroleum refineries.Due to its binding properties and bitumen is primarily utilized for road construction and repairs. In recent few years, Bitumen witnessed an expansion of its applications, for instance, it is used as a binder for waterproofing purpose in ships and terraces as well as a mixing agent for printing inks, paints and protective coatings.
Market Dynamics
On the basis of region, Asia-Pacific has witness a surge in demand for bitumen products for producing asphalt, which is then utilized for road construction & maintenance, owing to the expansion in infrastructure activities, rapid urbanization, emerging consumer goods industry in the region and rising demand for efficient transportation facilities.
Manufacturers are now focused on various developments in production technology of innovative bitumen products. Different materials such as rubber polymers, thermosetting and thermoplastic polymers are being added to bitumen, mechanically or chemically, to enhance its elasticity and strength. These innovations are expected to propel the bitumen market in forthcoming years.
Key features of the study:
This report provides in-depth analysis of Global Bitumen market size ( US$ Billion and Kilo Tons), and Compound Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains 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 global 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 includes are Exxon Mobil Corporation, Total S.A., Indian Oil Corporation Ltd., Royal Dutch Shell Plc., Marathon Oil Corporation, Calumet Specialty Product Partners Ltd L.P, Chevron Texaco Corporation, and Nynas AB
Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
The Global Bitumen market report caters to various stakeholders in this industry including investors, suppliers, Global Bitumen manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analysing the Global Bitumen market
Detailed Segmentation:
Global Bitumen market, By Product type :
Paving Grade
Hard Grade
Oxidized Grade
Bitumen Emulsion
Polymer Modified
Global Bitumen market, By End User:
Road Construction
Waterproofing
Others
Global Bitumen market, By Region:
North America
U.S.
By Product type
Paving Grade
Hard Grade
Oxidized Grade
Bitumen Emulsion
Polymer Modified
By End User
Road Construction
Waterproofing
Others
Canada
By Product type
Paving Grade
Hard Grade
Oxidized Grade
Bitumen Emulsion
Polymer Modified
By End User
Road Construction
Waterproofing
Others
Latin America
Brazil
By Product type
Paving Grade
Hard Grade
Oxidized Grade
Bitumen Emulsion
Polymer Modified
By End User
Road Construction
Waterproofing
Others
Mexico
By Product type
Paving Grade
Hard Grade
Oxidized Grade
Bitumen Emulsion
Polymer Modified
By End User
Road Construction
Waterproofing
Others
Argentina
By Product type
Paving Grade
Hard Grade
Oxidized Grade
Bitumen Emulsion
Polymer Modified
By End User
Road Construction
Waterproofing
Others
Rest of Latin America
By Product type
Paving Grade
Hard Grade
Oxidized Grade
Bitumen Emulsion
Polymer Modified
By End User
Road Construction
Waterproofing
Others
Europe
U.K.
By Product type
Paving Grade
Hard Grade
Oxidized Grade
Bitumen Emulsion
Polymer Modified
By End User
Road Construction
Waterproofing
Others
France
By Product type
Paving Grade
Hard Grade
Oxidized Grade
Bitumen Emulsion
Polymer Modified
By End User
Road Construction
Waterproofing
Others
Spain
By Product type
Paving Grade
Hard Grade
Oxidized Grade
Bitumen Emulsion
Polymer Modified
By End User
Road Construction
Waterproofing
Others
Italy
By Product type
Paving Grade
Hard Grade
Oxidized Grade
Bitumen Emulsion
Polymer Modified
By End User
Road Construction
Waterproofing
Others
Germany
By Product type
Paving Grade
Hard Grade
Oxidized Grade
Bitumen Emulsion
Polymer Modified
By End User
Road Construction
Waterproofing
Others
Russia
By Product type
Paving Grade
Hard Grade
Oxidized Grade
Bitumen Emulsion
Polymer Modified
By End User
Road Construction
Waterproofing
Others
Poland
By Product type
Paving Grade
Hard Grade
Oxidized Grade
Bitumen Emulsion
Polymer Modified
By End User
Road Construction
Waterproofing
Others
Rest of Europe
By Product type
Paving Grade
Hard Grade
Oxidized Grade
Bitumen Emulsion
Polymer Modified
By End User
Road Construction
Waterproofing
Others
Asia Pacific
China
By Product type
Paving Grade
Hard Grade
Oxidized Grade
Bitumen Emulsion
Polymer Modified
By End User
Road Construction
Waterproofing
Others
India
By Product type
Paving Grade
Hard Grade
Oxidized Grade
Bitumen Emulsion
Polymer Modified
By End User
Road Construction
Waterproofing
Others
Oceania
By Product type
Paving Grade
Hard Grade
Oxidized Grade
Bitumen Emulsion
Polymer Modified
By End User
Road Construction
Waterproofing
Others
ASEAN
By Product type
Paving Grade
Hard Grade
Oxidized Grade
Bitumen Emulsion
Polymer Modified
By End User
Road Construction
Waterproofing
Others
Rest of Asia Pacific
By Product type
Paving Grade
Hard Grade
Oxidized Grade
Bitumen Emulsion
Polymer Modified
By End User
Road Construction
Waterproofing
Others
Middle East & Africa
GCC
By Product type
Paving Grade
Hard Grade
Oxidized Grade
Bitumen Emulsion
Polymer Modified
By End User
Road Construction
Waterproofing
Others
Turkey
By Product type
Paving Grade
Hard Grade
Oxidized Grade
Bitumen Emulsion
Polymer Modified
By End User
Road Construction
Waterproofing
Others
Israel
By Product type
Paving Grade
Hard Grade
Oxidized Grade
Bitumen Emulsion
Polymer Modified
By End User
Road Construction
Waterproofing
Others
South Africa
By Product type
Paving Grade
Hard Grade
Oxidized Grade
Bitumen Emulsion
Polymer Modified
By End User
Road Construction
Waterproofing
Others
Rest of MEA
By Product type
Paving Grade
Hard Grade
Oxidized Grade
Bitumen Emulsion
Polymer Modified
By End User
Road Construction
Waterproofing
Others

Company Profiles
Exxon Mobil Corporation
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Total S.A.
Indian Oil Corporation Ltd.
Royal Dutch Shell Plc.
Marathon Oil Corporation
Calumet Specialty Product Partners Ltd L.P
Chevron Texaco Corporation
Nynas AB