Worldwide Bitumen Market by Application (Roadways, Adhesives, Water Proofing, Insulation) Expected to Reach USD 95.77 Billion by 2020 : Grand View Research
The global market for bitumen is expected to reach USD 95.77 billion by 2020, according to a new study by Grand View Research, Inc. Bitumen is primarily used in road construction activities and increased road development in high growth markets of India, China and Brazil is expected to be a key driver for the growth of the market.
Roadway constructions were the major consumers of bitumen in 2013, accounting for over 80 million tons of global consumption. Other key applications...
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