Bituminous Paints Market report assesses the key Market opportunities and factors which will be driving the industry growth by Analysing historical growth patterns, growth drivers and the current and future trends.
Albany, NY -- (SBWIRE) -- 03/01/2019 -- Bituminous paints, also known as asphalt coatings, are one of the major segments in water proof coating materials. Bituminous paints contain coal tar and drying oils and are usually black in color as a result of high proportion of bitumen in it. Bituminous paints are manufactured from elongated hydrocarbon molecules which makes the flow rate difficult. Hence, bitumen is very viscous and generally solid under ambient conditions. Viscous bitumen is then heated at a very high temperature to produce a liquid slurry through vacuum distillation. The above mentioned process produces bituminous paints of various grades. According to its diverse grading, polymerization and formulations, bituminous paints help build a protective and vapor proof coating.
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North America emerged as a leading regional market with majority of bituminous paints demand driven by U.S. Growing aviation and marine industries is expected to drive North America bituminous paints market growth over the forecast period. Asia Pacific is expected to register significant growth over the forecast period on account of high growth in construction industry particularly in emerging markets of China and India. Rapid industrialization in the region coupled with significant growth in aviation industry is expected to further complement the regional market growth. Europe bituminous paints market is expected to witness an average growth over the upcoming years on account of increasing regulatory intervention regarding their environmental hazard.
This report focuses on Bituminous Paints volume and value at global level, regional level and company level. From a global perspective, this report represents overall Bituminous Paints market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
The following manufacturers are covered:
- Tianjin Haiyunda Metal Materials Co.
- Hebei Tuohua Metal Products Co. Ltd.
- Juno Bitumix Pvt. Ltd.
...
Segment by Regions
- North America
- Europe
- China
- Japan
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Segment by Type
- Protective Coating
- Corrosion Prevention
- Water Proofing
Segment by Application
- Construction Industry
- Steel Industry
- Others
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