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Bitumen Market Was Valued at USD 82.5 Billion in 2017 and Is Estimated to Reach USD 125 Billion by 2025,

Bitumen Market By Product (Paving Bitumen, Oxidized Bitumen, Cutback Bitumen, Bitumen Emulsion) By Application (Roadways, Waterproofing, Adhesives, Insulation ) And Region – Global Forecast To 2025

 

Pune, India -- (SBWIRE) -- 10/15/2018 -- The report titled "Global Bitumen Market Research Report, 2015 – 2025" delivers comprehensive examination of Bitumen industry on global, regional and country level. This report offers a historical market size from 2014 to 2017 and forecast from 2018 to 2024. The report provides market size in terms of volume and value or whichever applicable throughout the forecast period along with CAGR. Global Bitumen Market report helps the readers to find the key trend in the industry such as major demand drivers, restraints and to identify future opportunities. It provides value chain analysis, Porter's five forces analysis, SWOT analysis, and market attractiveness analysis to cover all the factors affecting this industry.

The global demand for bitumen stood at 120,000.0 kilotons in 2017. In terms of revenue, the market was valued at USD 82.5 billion in 2017 and is estimated to reach USD 125 billion by 2025, growing at a CAGR of 3.8% between 2018 and 2025.

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As mentioned above, roadways were the largest application segment of the market in 2017. However, waterproofing is expected to be the fastest growing application segment in the bitumen industry. Bitumen and PMBs are being increasingly used for waterproofing houses, commercial complexes, other construction structures, and automotive. Waterproofing is expected to grow at a CAGR of over 4.0% in the bitumen market during the forecast period from 2018 to 2025.

The competitive landscape offers thorough understandings on company share analysis and major policies implemented by principal industry participants to gain competitive gain over rivals. Portfolio analysis helps to understand product mix of leading companies in Bitumen industry. Key companies analyzed in the report include Valero Energy Corporation, NuStar Energy, Suncor Energy, Athabasca Oil Corporation, Imperial Oil Limited, Syncrude. The report provides a detailed overview, product portfolio, financials (wherever available), and strategic developments for the companies analyzed in the report.

The Global Bitumen Market report offers detailed segmentation based on product types and applications. Based on product type, it can be segmented as paving bitumen, oxidized bitumen, cutback bitumen, bitumen emulsion, polymer modified bitumen, and others. Based on the application area, Bitumen market can be segmented as roadways, waterproofing, adhesives, insulation and other.

The report provides detailed information on raw materials suppliers, equipment suppliers, manufacturing cost, capacity, production, profit margin, capacity utilization rate, etc.

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The Global Bitumen Market report also covers a vast geographical analysis. Key regions analyzed in the global Bitumen market include; North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The country-level analysis covered for U.S., UK, France, Germany, Russia, China, Japan, India, and Brazil. The report provides detailed bifurcation of each segment on global, regional and country level. Moreover, the report is fully customizable and can be furnished as per prospective readers requirements.

Global Bitumen Market, by Product, 2014 – 2024

Paving Bitumen
Oxidized Bitumen
Cutback Bitumen
Bitumen Emulsion
Polymer Modified Bitumen
Others
Global Bitumen Market, by Application, 2014 – 2024

Roadways
Waterproofing
Adhesives
Insulation
Other
Global Bitumen Market, by Region, 2014 – 2024

North America
S.
Europe
Western Europe
UK
France
Germany
Eastern Europe
Russia
Asia Pacific
Japan
China
India
Latin America
Brazil
Middle East and Africa

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