Global Bitumen Marketto 2027
Global Bitumen Market Size, Trends & Growth Opportunity, By Type (Paving Grade Bitumen, Hard Grade Bitumen, Oxidized Grade Bitumen, Polymer Modified Bitumen, and Bitumen Emulsions), By End User (Waterproofing, Paints & Coatings, Inks & Dyes, Road Construction, and Others), By Region and Forecast till 2027
Global Bitumen Market
The Global Bitumen Market is rapidly growing sector with demand from various regions of the world. This is a combination of highly viscous organic liquids soluble in carbon disulfide which consists of extremely condensed polycyclic aromatic hydrocarbons. Bitumen is a naturally occurring tar like form of petroleum that is liquids soluble in carbon disulfide which consists of extremely condensed polycyclic aromatic hydrocarbons.
Market Drivers
The rise in use in various applications such as roadways, insulation, waterproofing, and adhesives is expected to boost the global bitumen market growth over the forecast period. Furthermore, the growing urbanization in emerging markets has contributed to increasing infrastructure activities will positively influence the market growth. The bitumen binder is an essential element in roadways applications on account of its higher strength, resilience, and durability. Concrete contains small amount of bitumen which is acting as a binder to enhance its resistance characteristics, which is anticipated to propel the global bitumen market growth during this forecast period. The increase in demand for infrastructure on account of increasing the population & improving the standard of living is expected to support the global bitumen market growth.
Market Restraints
The increase in environmental concerns associated with product extraction is expected to hamper the global bitumen market growth. Also, fluctuations in raw material prices may limit the market growth.
Market Segmentation
The Global Bitumen Market is segmented into type such as Paving Grade Bitumen, Hard Grade Bitumen, Oxidized Grade Bitumen, Polymer Modified Bitumen, and Bitumen Emulsions. Further, market is segmented into end user such as Waterproofing, Paints & Coatings, Inks & Dyes, Road Construction, and Others.
Also, the Global Bitumen Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as Exxon Mobil Corporation, Nynas AB, British Petroleum, Royal Dutch Shell PLC, Indian Oil Corporation, Marathon Oil Corporation, Villas Austria GmbH, Petroleos Mexicanos, Sinopec, Nippon Oil Corporation, etc.
Market Taxonomy
By Type
- Paving Grade Bitumen
- Hard Grade Bitumen
- Oxidized Grade Bitumen
- Polymer Modified Bitumen
- Bitumen Emulsions
- Waterproofing
- Paints & Coatings
- Inks & Dyes
- Road Construction
- Others
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
- What are the Key Opportunities in Global Bitumen Market?
- What will be the growth rate from 2019 to 2027?
- Which segment/region will have highest growth?
- What are the factors that will impact/drive the Market?
- What is the competitive Landscape in the Industry?
- What is the role of key players in the value chain?
- What are the strategies adopted by key players?
- 1 Introduction
- 1.1 Objective of the Study
- 1.2 Market Definition
- 1.3 Market Scope
- 2 Research Methodology
- 2.1 Data Mining
- 2.2 Validation
- 2.3 Primary Interviews
- 2.4 List of Data Sources
- 3 Executive Summary
- 4 Global Bitumen Market Outlook
- 4.1 Overview
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.3 Porters Five Force Model
- 4.4 Value Chain Analysis
- 5 Global Bitumen Market, By Type
- 5.1 Y-o-Y Growth Comparison, By Type
- 5.2 Global Bitumen Market Share Analysis, By Type
- 5.3 Global Bitumen Market Size and Forecast, By Type
- 5.3.1 Paving Grade Bitumen
- 5.3.2 Hard Grade Bitumen
- 5.3.3 Oxidized Grade Bitumen
- 5.3.4 Polymer Modified Bitumen
- 5.3.5 Bitumen Emulsions
- 6 Global Bitumen Market, By End User
- 6.1 Y-o-Y Growth Comparison, By End User
- 6.2 Global Bitumen Market Share Analysis, By End User
- 6.3 Global Bitumen Market Size and Forecast, By End User
- 6.3.1 Waterproofing
- 6.3.2 Paints & Coatings
- 6.3.3 Inks & Dyes
- 6.3.4 Road Construction
- 6.3.5 Others
- 7 Global Bitumen Market, By Region
- 7.1 Global Bitumen Market Share Analysis, By Region
- 7.2 Global Bitumen Market Share Analysis, By Region
- 7.3 Global Bitumen Market Size and Forecast, By Region
- 8 North America Bitumen Market Analysis and Forecast (2020 – 2027)
- 8.1 Introduction
- 8.2 North America Bitumen Market Share Analysis, By Type
- 8.3 North America Bitumen Market Size and Forecast, By End User
- 8.4 North America Bitumen Market Size and Forecast, By Country
- 8.4.1 U.S
- 8.4.2 Canada
- 8.4.3 Mexico
- 9 Europe Bitumen Market Analysis and Forecast (2020 – 2027)
- 9.1 Introduction
- 9.2 Europe Bitumen Market Share Analysis, By Type
- 9.3 Europe Bitumen Market Size and Forecast, By End User
- 9.4 Europe Bitumen Market Size and Forecast, By Country
- 9.4.1 Germany
- 9.4.2 France
- 9.4.3 UK
- 9.4.4 Rest of Europe
- 10 Asia Pacific Bitumen Market Analysis and Forecast (2020 – 2027)
- 10.1 Introduction
- 10.2 Asia Pacific Bitumen Market Share Analysis, By Type
- 10.3 Asia Pacific Bitumen Market Size and Forecast, By End User
- 10.4 Asia Pacific Bitumen Market Size and Forecast, By Country
- 10.4.1 China
- 10.4.2 Japan
- 10.4.3 India
- 10.4.4 Rest of Asia Pacific
- 11 Latin America Bitumen Market Analysis and Forecast (2020 – 2027)
- 11.1 Introduction
- 11.2 Latin America Bitumen Market Share Analysis, By Type
- 11.3 Latin America Bitumen Market Size and Forecast, By End User
- 11.4 Latin America Bitumen Market Size and Forecast, By Country
- 12 Middle East Bitumen Market Analysis and Forecast (2020 – 2027)
- 12.1 Introduction
- 12.2 Middle East Bitumen Market Share Analysis, By Type
- 12.3 Middle East Bitumen Market Size and Forecast, By End User
- 12.4 Middle East Bitumen Market Size and Forecast, By Country
- 13 Competitive Analysis
- 13.1 Competition Dashboard
- 13.2 Market share Analysis of Top Vendors
- 13.3 Key Development Strategies
- 14 Company Profiles
- 14.1 Exxon Mobil Corporation
- 14.1.1 Overview
- 14.1.2 Offerings
- 14.1.3 Key Financials
- 14.1.4 Business Segment & Geographic Overview
- 14.1.5 Key Market Developments
- 14.1.6 Key Strategies
- 14.2 GE Healthcare
- 14.2.1 Overview
- 14.2.2 Offerings
- 14.2.3 Key Financials
- 14.2.4 Business Segment & Geographic Overview
- 14.2.5 Key Market Developments
- 14.2.6 Key Strategies
- 14.3 Nynas AB
- 14.3.1 Overview
- 14.3.2 Offerings
- 14.3.3 Key Financials
- 14.3.4 Business Segment & Geographic Overview
- 14.3.5 Key Market Developments
- 14.3.6 Key Strategies
- 14.4 British Petroleum
- 14.4.1 Overview
- 14.4.2 Offerings
- 14.4.3 Key Financials
- 14.4.4 Business Segment & Geographic Overview
- 14.4.5 Key Market Developments
- 14.4.6 Key Strategies
- 14.5 Royal Dutch Shell PLC
- 14.5.1 Overview
- 14.5.2 Offerings
- 14.5.3 Key Financials
- 14.5.4 Business Segment & Geographic Overview
- 14.5.5 Key Market Developments
- 14.5.6 Key Strategies
- 14.6 Indian Oil Corporation
- 14.6.1 Overview
- 14.6.2 Offerings
- 14.6.3 Key Financials
- 14.6.4 Business Segment & Geographic Overview
- 14.6.5 Key Market Developments
- 14.6.6 Key Strategies
- 14.7 Marathon Oil Corporation
- 14.7.1 Overview
- 14.7.2 Offerings
- 14.7.3 Key Financials
- 14.7.4 Business Segment & Geographic Overview
- 14.7.5 Key Market Developments
- 14.7.6 Key Strategies
- 14.8 Villas Austria GmbH
- 14.8.1 Overview
- 14.8.2 Offerings
- 14.8.3 Key Financials
- 14.8.4 Business Segment & Geographic Overview
- 14.8.5 Key Market Developments
- 14.8.6 Key Strategies
- 14.9 Petroleos Mexicanos
- 14.9.1 Overview
- 14.9.2 Offerings
- 14.9.3 Key Financials
- 14.9.4 Business Segment & Geographic Overview
- 14.9.5 Key Market Developments
- 14.9.6 Key Strategies
- 14.10 Sinopec
- 14.10.1 Overview
- 14.10.2 Offerings
- 14.10.3 Key Financials
- 14.10.4 Business Segment & Geographic Overview
- 14.10.5 Key Market Developments
- 14.10.6 Key Strategies
- 14.11 Nippon Oil Corporation
- 14.11.1 Overview
- 14.11.2 Offerings
- 14.11.3 Key Financials
- 14.11.4 Business Segment & Geographic Overview
- 14.11.5 Key Market Developments
- 14.11.6 Key Strategies
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