Research Summary
Petroleum asphalt, commonly known as asphalt or bitumen, is a viscous, black, and sticky form of petroleum. It is a crucial component in the construction industry, primarily used as a binding agent in the production of asphalt concrete for road surfaces. Asphalt is obtained through the distillation of crude oil and is characterized by its ability to remain flexible and resilient under various temperatures and traffic conditions. As a binder, it holds together aggregates like gravel and sand to create a durable and smooth road surface. Beyond road construction, petroleum asphalt is also utilized in roofing materials, waterproofing products, and as a base for some industrial applications, showcasing its versatility across multiple industries.
According to DIResearch's in-depth investigation and research, the global Petroleum Asphalt market size was valued at XX Million USD in 2024 and is projected to reach XX Million USD by 2032, with a CAGR of XX% (2025-2032). Notably, the China market has changed rapidly in the past few years. By 2024, China's market size is expected to be XX Million USD, representing approximately XX% of the global market share. By 2032, it is anticipated to grow further to XX Million USD, contributing XX% to the worldwide market share.
The major global manufacturers of Petroleum Asphalt include ExxonMobil, Cnooc, Sinopec, CNPC, ConocoPhillips, CRH, Pasargad Oil, Marathon Oil, Petrobras, Total, Valero, Rosneft, Axeon, SK, Tipco, IOCL, Gazprom Neft PJSC, Pemex, Suncor Energy, Repsol, Nynas, HPCL, Koç Holding, Shell, LOTOS, Husky Energy etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Petroleum Asphalt. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Petroleum Asphalt market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Petroleum Asphalt market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Petroleum Asphalt industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Petroleum Asphalt Include:
ExxonMobil
Cnooc
Sinopec
CNPC
ConocoPhillips
CRH
Pasargad Oil
Marathon Oil
Petrobras
Total
Valero
Rosneft
Axeon
SK
Tipco
IOCL
Gazprom Neft PJSC
Pemex
Suncor Energy
Repsol
Nynas
HPCL
Koç Holding
Shell
LOTOS
Husky Energy
Petroleum Asphalt Product Segment Include:
Paving Petroleum Asphalt
Industrial Petroleum Asphalt
Petroleum Asphalt Product Application Include:
Paving
Roofing
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends
Chapter 2: Global Petroleum Asphalt Capacity and Production Analysis
Chapter 3: Global Petroleum Asphalt Industry PESTEL Analysis
Chapter 4: Global Petroleum Asphalt Industry Porter's Five Forces Analysis
Chapter 5: Global Petroleum Asphalt Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis
Chapter 6: Global Petroleum Asphalt Market Size and Forecast by Type and Application Analysis
Chapter 7: North America Petroleum Asphalt Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 8: Europe Petroleum Asphalt Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 9: China Petroleum Asphalt Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 10: APAC (Excl. China) Petroleum Asphalt Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 11: Latin America Petroleum Asphalt Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 12: Middle East and Africa Petroleum Asphalt Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 13: Global Petroleum Asphalt Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 14: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 15: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers
Chapter 16: Research Findings and Conclusion
Chapter 17: Methodology and Data Sources
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