Global bitumen market is expected to reach USD 34.36 million by 2024, growing at a CAGR of around 4.0% between 2018 and 2024.
The report covers forecasts and analyses for the bitumen market on a global and regional level. The study provides historical data from 2015 to 2017 along with a forecast from 2018 to 2024 based on revenue (USD Million). The study includes drivers and restraints for the bitumen market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of the opportunities available in the bitumen market on a global level.
In order to give the users of this report a comprehensive view of the bitumen market, we have included a competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein the type product segment and application segment are benchmarked based on their market size, growth rate, and general attractiveness.
The report provides a company market share analysis in order to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new application launches, agreements, partnerships, collaborations & joint ventures, research & development, application, and regional expansion of major participants involved in the market on a global and regional basis. Moreover, the study covers price trend analysis, and the type portfolio of various companies according to the region.
The study provides a decisive view of the bitumen market by segmenting the market based on type product, application, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2017 2018 to 20232024. Based on the type of product, the market is segmented into paving grade bitumen, oxidized bitumen, cutback bitumen, bitumen emulsion, polymer modified bitumen (PMB), and others. On the basis of application, the market is segmented into roadways, waterproofing, adhesive, insulation, and others. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa with its further bifurcation into major countries including the U.S., UK, Germany, France, China, Japan, India, and Brazil, and the Middle East and Africa. This segmentation includes demand for bitumen market based on type product and application in all the regions and countries.
The report also includes detailed profiles of end players such as Bouygues S.A., China Petroleum and Chemical Corporation, Villas Austria GmbH, ChevronTexaco Corporation, XJ Nippon Oil & Energy Corporation, ExxonMobil, British Petroleum, Marathon Oil Company, Nynas AB, Valero Energy Corporation, NuStar Energy, Bau Holding Vermögensverwaltung AG, Petroleos Mexicanos, Indian Oil Corporation, and Shell Bitumen, among others.
This report segments the global bitumen market as follows: