Global Bitumen Market Analysis, 2020

By Application (Water Proofing, Adhesive, Insulation, Others), By Type (Paving Grade Bitumen, Oxidized Bitumen, Bitumen Emulsions, Polymer Modified Bitumen, Cutback Bitumen), By Region (North America,... ... gion (North America, South America, Europe, Middle East and Africa, Asia- Pacific), By Country (US, Canada, Mexico, Brazil, Argentina, Germany, Russia, France, Italy, UK, Saudi-Arabia, UAE, South Africa, China, India, Japan, Australia), By Company Read more

  • Chemicals
  • Jan 2020
  • 104
  • PDF, Excel, PPT

The Global Bitumen market growth is expected to surge in the upcoming years on an account of its increasing demand from the Asia-Pacific and the Middle East regions. Furthermore, the extensive application of the bitumen in the paints, waterproofing, and roof sealing, due to the upsurging construction activities across the commercial and residential sector would support the growth of the market.

 
Report Coverage Details
Study Period   Historical Data: 2015-19
  Base Year: 2019
  Forecast Period: 2020-25
Regions Covered   North America
  Europe
  Asia-Pacific
  South America
  Middle East & Africa
Unit Denominations   USD Million/Billion & Million Tons

Moreover, the widespread application of the bitumen in the construction of roads is leading to the increasing demand for the bitumen. The large-scale road construction and development projects and the extensive government investments on the infrastructure development including widening of highways, expansion of existing transportation routes, and construction of national highways, among others, are expected to lead to a considerable market size of the global Bitumen market in the future.

According to MarkNtel Advisors’ research report titled “Global Bitumen Market Analysis, 2020”, the Global Bitumen market is anticipated to grow at a CAGR of around 6.5% during 2020-25. On the basis of the application segmentation, the roadways segment held the largest market share in 2019. The increasing road construction and maintenance activities, majorly in the developing regions, are expected to have high market growth.

  1. Market Segmentation
  2. Introduction
    1. Research Process
    2. Assumption
    3. Market Definition
  3. Executive Summary
  4. Global Bitumen Market Regulatory Landscape
  5. Global Bitumen Market Trends & Developments
  6. Global Bitumen Market Dynamics
    1. Growth Drivers
    2. Challenges
  7. Global Bitumen Market Hotspot and Opportunities
  8. Global Bitumen Market Outlook, 2020-2030F
    1. Market Size and Analysis
      1. By Revenue (USD Million)
      2. By Volume (Thousand Tons)
    2. Market Share and Analysis
      1. By Type
        1. Paving Grade Bitumen- Market Size & Forecast 2020-2030, Thousand Tons
        2. Oxidized Bitumen- Market Size & Forecast 2020-2030, Thousand Tons
        3. Bitumen Emulsions- Market Size & Forecast 2020-2030, Thousand Tons
        4. Polymer Modified Bitumen- Market Size & Forecast 2020-2030, Thousand Tons
        5. Cutback Bitumen- Market Size & Forecast 2020-2030, Thousand Tons
        6. Others- Market Size & Forecast 2020-2030, Thousand Tons
      2. By Application
        1. Road Construction- Market Size & Forecast 2020-2030, Thousand Tons
        2. Water Proofing- Market Size & Forecast 2020-2030, Thousand Tons
        3. Adhesive- Market Size & Forecast 2020-2030, Thousand Tons
        4. Insulation- Market Size & Forecast 2020-2030, Thousand Tons
        5. Others- Market Size & Forecast 2020-2030, Thousand Tons
      3. By Region
        1. North America
        2. South America
        3. Europe
        4. Middle East & Africa
        5. Asia-Pacific
      4. By Company
        1. Revenue Shares
        2. Competition Characteristics
  9. North America Bitumen Market Outlook, 2020-2030F
    1. Market Size and Analysis
      1. By Revenue (USD Million)
      2. By Volume (Thousand Tons)
    2. Market Share and Analysis
      1. By Type- Market Size & Forecast 2020-2030, Thousand Tons
      2. By Application- Market Size & Forecast 2020-2030, Thousand Tons
      3. By Country
        1. US
        2. Canada
        3. Mexico
    3. The US Bitumen Market Outlook, 2020-2030F
      1. Market Size and Analysis
        1. By Revenue (USD Million)
        2. By Volume (Thousand Tons)
      2. Market Share and Analysis
        1. By Type- Market Size & Forecast 2020-2030, Thousand Tons
        2. By Application- Market Size & Forecast 2020-2030, Thousand Tons
    4. Canada Bitumen Market Outlook, 2020-2030F
      1. Market Size and Analysis
        1. By Revenue (USD Million)
        2. By Volume (Thousand Tons)
      2. Market Share and Analysis
        1. By Type- Market Size & Forecast 2020-2030, Thousand Tons
        2. By Application- Market Size & Forecast 2020-2030, Thousand Tons
    5. Mexico Bitumen Market Outlook, 2020-2030F
      1. Market Size and Analysis
        1. By Revenue (USD Million)
        2. By Volume (Thousand Tons)
      2. Market Share and Analysis
        1. By Type- Market Size & Forecast 2020-2030, Thousand Tons
        2. By Application- Market Size & Forecast 2020-2030, Thousand Tons
  10. South America Bitumen Market Outlook, 2020-2030F
    1. Market Size and Analysis
      1. By Revenue (USD Million)
      2. By Volume (Thousand Tons)
    2. Market Share and Analysis
      1. By Type- Market Size & Forecast 2020-2030, Thousand Tons
      2. By Application- Market Size & Forecast 2020-2030, Thousand Tons
      3. By Country
        1. Brazil
        2. Argentina
        3. Rest of South America
    3. Brazil Bitumen Market Outlook, 2020-2030F
      1. Market Size and Analysis
        1. By Revenue (USD Million)
        2. By Volume (Thousand Tons)
      2. Market Share and Analysis
        1. By Type- Market Size & Forecast 2020-2030, Thousand Tons
        2. By Application- Market Size & Forecast 2020-2030, Thousand Tons
    4. Argentina Bitumen Market Outlook, 2020-2030F
      1. Market Size and Analysis
        1. By Revenue (USD Million)
        2. By Volume (Thousand Tons)
      2. Market Share and Analysis
        1. By Type- Market Size & Forecast 2020-2030, Thousand Tons
        2. By Application- Market Size & Forecast 2020-2030, Thousand Tons
  11. Europe Bitumen Market Outlook, 2020-2030F
    1. Market Size and Analysis
      1. By Revenue (USD Million)
      2. By Volume (Thousand Tons)
    2. Market Share and Analysis
      1. By Type- Market Size & Forecast 2020-2030, Thousand Tons
      2. By Application- Market Size & Forecast 2020-2030, Thousand Tons
      3. By Country
        1. UK
        2. France
        3. Germany
        4. Italy
        5. Russia
        6. Rest of Europe
    3. Germany Bitumen Market Outlook, 2020-2030F
      1. Market Size and Analysis
        1. By Revenue (USD Million)
        2. By Volume (Thousand Tons)
      2. Market Share and Analysis
        1. By Type- Market Size & Forecast 2020-2030, Thousand Tons
        2. By Application- Market Size & Forecast 2020-2030, Thousand Tons
    4. UK Bitumen Market Outlook, 2020-2030F
      1. Market Size and Analysis
        1. By Revenue (USD Million)
        2. By Volume (Thousand Tons)
      2. Market Share and Analysis
        1. By Type- Market Size & Forecast 2020-2030, Thousand Tons
        2. By Application- Market Size & Forecast 2020-2030, Thousand Tons
    5. France Bitumen Market Outlook, 2020-2030F
      1. Market Size and Analysis
        1. By Revenue (USD Million)
        2. By Volume (Thousand Tons)
      2. Market Share and Analysis
        1. By Type- Market Size & Forecast 2020-2030, Thousand Tons
        2. By Application- Market Size & Forecast 2020-2030, Thousand Tons
    6. Italy Bitumen Market Outlook, 2020-2030F
      1. Market Size and Analysis
        1. By Revenue (USD Million)
        2. By Volume (Thousand Tons)
      2. Market Share and Analysis
        1. By Type- Market Size & Forecast 2020-2030, Thousand Tons
        2. By Application- Market Size & Forecast 2020-2030, Thousand Tons
    7. Russia Bitumen Market Outlook, 2020-2030F
      1. Market Size and Analysis
        1. By Revenue (USD Million)
        2. By Volume (Thousand Tons)
      2. Market Share and Analysis
        1. By Type- Market Size & Forecast 2020-2030, Thousand Tons
        2. By Application- Market Size & Forecast 2020-2030, Thousand Tons
  12. Middle East & Africa Bitumen Market Outlook, 2020-2030F
    1. Market Size and Analysis
      1. By Revenue (USD Million)
      2. By Volume (Thousand Tons)
    2. Market Share and Analysis
      1. By Type- Market Size & Forecast 2020-2030, Thousand Tons
      2. By Application- Market Size & Forecast 2020-2030, Thousand Tons
      3. By Country
        1. Saudi Arabia
        2. UAE
        3. South Africa
        4. Rest of Middle East & Africa
    3. Saudi Arabia Bitumen Market Outlook, 2020-2030F
      1. Market Size and Analysis
        1. By Revenue (USD Million)
        2. By Volume (Thousand Tons)
      2. Market Share and Analysis
        1. By Type- Market Size & Forecast 2020-2030, Thousand Tons
        2. By Application- Market Size & Forecast 2020-2030, Thousand Tons
    4. UAE Bitumen Market Outlook, 2020-2030F
      1. Market Size and Analysis
        1. By Revenue (USD Million)
        2. By Volume (Thousand Tons)
      2. Market Share and Analysis
        1. By Type- Market Size & Forecast 2020-2030, Thousand Tons
        2. By Application- Market Size & Forecast 2020-2030, Thousand Tons
    5. South Africa Bitumen Market Outlook, 2020-2030F
      1. Market Size and Analysis
        1. By Revenue (USD Million)
        2. By Volume (Thousand Tons)
      2. Market Share and Analysis
        1. By Type- Market Size & Forecast 2020-2030, Thousand Tons
        2. By Application- Market Size & Forecast 2020-2030, Thousand Tons
  13. Asia-Pacific Bitumen Market Outlook, 2020-2030F
    1. Market Size and Analysis
      1. By Revenue (USD Million)
      2. By Volume (Thousand Tons)
    2. Market Share and Analysis
      1. By Type- Market Size & Forecast 2020-2030, Thousand Tons
      2. By Application- Market Size & Forecast 2020-2030, Thousand Tons
      3. By Country
        1. China
        2. India
        3. Japan
        4. South Korea
        5. Rest of Asia Pacific
    3. China Bitumen Market Outlook, 2020-2030F
      1. Market Size and Analysis
        1. By Revenue (USD Million)
        2. By Volume (Thousand Tons)
      2. Market Share and Analysis
        1. By Type- Market Size & Forecast 2020-2030, Thousand Tons
        2. By Application- Market Size & Forecast 2020-2030, Thousand Tons
    4. India Bitumen Market Outlook, 2020-2030F
      1. Market Size and Analysis
        1. By Revenue (USD Million)
        2. By Volume (Thousand Tons)
      2. Market Share and Analysis
        1. By Type- Market Size & Forecast 2020-2030, Thousand Tons
        2. By Application- Market Size & Forecast 2020-2030, Thousand Tons
    5. Japan Bitumen Market Outlook, 2020-2030F
      1. Market Size and Analysis
        1. By Revenue (USD Million)
        2. By Volume (Thousand Tons)
      2. Market Share and Analysis
        1. By Type- Market Size & Forecast 2020-2030, Thousand Tons
        2. By Application- Market Size & Forecast 2020-2030, Thousand Tons
    6. South Korea Bitumen Market Outlook, 2020-2030F
      1. Market Size and Analysis
        1. By Revenue (USD Million)
        2. By Volume (Thousand Tons)
      2. Market Share and Analysis
        1. By Type- Market Size & Forecast 2020-2030, Thousand Tons
        2. By Application- Market Size & Forecast 2020-2030, Thousand Tons
  14. Global Bitumen Market Key Strategic Imperatives for Success and Growth
  15. Competitive Outlook
    1. Company Profiles
      1. British Petroleum
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      2. Exxon Mobil Corporation
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      3. BMI Group
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      4. China Petroleum & Chemical Corporation
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      5. Shell plc
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      6. Total Energies
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      7. Bouygous S.A.
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      8. NYNAS AB
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      9. Asphalt & Bitumen West Co.
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      10. Raha Bitumen
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      11. Marathon Oil Company
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      12. Indian Oil Corporation
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      13. ENEOS Holdings, Inc.
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      14. Sinopec
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      15. GOIL PLC
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      16. Others
  16. Disclaimer

 


MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

Data Trangulation

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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