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Bitumen Market

Bitumen Market

Bitumen Market - Global Industry Assessment & Forecast

Number Of Pages # Pages:

145

Base Year:

2022

Date

Jan - 2023

Format:

PDF XLS PPT

Report Code:

VMR-1985

Segments Covered
  • By Products By Products Oxidized, Paving, Emulsion, Cutback, Polymer Modified, Other Products
  • By Applications By Applications Waterproofing, Roadways, Insulation, Adhesives, Other Applications
  • By Region By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base YearBase Year: 2022
Forecast YearsForecast Years: 2023 - 2030
Historical YearsHistorical Years: 2017 - 2021
Revenue 2022Revenue 2022: USD 107.12 Billion
Revenue 2030Revenue 2030: USD 146.59 Billion
Revenue CAGRRevenue CAGR (2023 - 2030): 4.00%
Fastest Growing Region Fastest Growing Region (2023 - 2030) Asia Pacific
Largest Region Largest Region (2022): Asia Pacific
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost) Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries) Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report Country/Region-specific Report
  • Go To Market Strategy Go To Market Strategy
  • Region Specific Market Dynamics Region Specific Market Dynamics
  • Region Level Market Share Region Level Market Share
  • Import Export Analysis Import Export Analysis
  • Production Analysis Production Analysis
  • Other Others Request Customization Speak To Analyst
  1. Executive Dashboard
    1. Strategic Imperatives
  2. Premium Insights
    1. Top 3 Trends to Watch
    2. Demand and Supply Trends
    3. Top 3 Strategies Followed by Major Players
    4. Top 3 Predictions by Vantage Market Research
    5. Top Investment Pockets
    6. Insights from Primary Respondents
  3. Global Bitumen Market - Segment Analysis
    1. Overview
    2. Global Bitumen Market, 2016 - 2028 (USD Million)
    3. Global Bitumen Market - by Products
      1. By Oxidized
      2. By Paving
      3. By Emulsion
      4. By Cutback
      5. By Polymer Modified
      6. By Other Products
    4. Global Bitumen Market - by Applications
      1. By Waterproofing
      2. By Roadways
      3. By Insulation
      4. By Adhesives
      5. By Other Applications
    5. Global Bitumen Market - by region
      1. North America
      2. Europe
      3. Asia Pacific
      4. Latin America
      5. Middle East & Africa
    6. Market comparative analysis
  4. North America Bitumen Market - Segment Analysis
    1. Overview
    2. North America Bitumen Market, 2016 - 2028 (USD Million)
    3. North America Bitumen Market, by Products
      1. By Oxidized
      2. By Paving
      3. By Emulsion
      4. By Cutback
      5. By Polymer Modified
      6. By Other Products
    4. North America Bitumen Market, by Applications
      1. By Waterproofing
      2. By Roadways
      3. By Insulation
      4. By Adhesives
      5. By Other Applications
    5. North America Bitumen Market, by Country
      1. U.S.
        1. U.S. Bitumen Market, By Products
          1. By Oxidized
          2. By Paving
          3. By Emulsion
          4. By Cutback
          5. By Polymer Modified
          6. By Other Products
        2. U.S. Bitumen Market, By Applications
          1. By Waterproofing
          2. By Roadways
          3. By Insulation
          4. By Adhesives
          5. By Other Applications
      2. Canada
        1. Canada Bitumen Market, By Products
          1. By Oxidized
          2. By Paving
          3. By Emulsion
          4. By Cutback
          5. By Polymer Modified
          6. By Other Products
        2. Canada Bitumen Market, By Applications
          1. By Waterproofing
          2. By Roadways
          3. By Insulation
          4. By Adhesives
          5. By Other Applications
      3. Mexico
        1. Mexico Bitumen Market, By Products
          1. By Oxidized
          2. By Paving
          3. By Emulsion
          4. By Cutback
          5. By Polymer Modified
          6. By Other Products
        2. Mexico Bitumen Market, By Applications
          1. By Waterproofing
          2. By Roadways
          3. By Insulation
          4. By Adhesives
          5. By Other Applications
  5. Europe Bitumen Market - Segment Analysis
    1. Overview
    2. Europe Bitumen Market, 2016 - 2028 (USD Million)
    3. Europe Bitumen Market, by Products
      1. By Oxidized
      2. By Paving
      3. By Emulsion
      4. By Cutback
      5. By Polymer Modified
      6. By Other Products
    4. Europe Bitumen Market, by Applications
      1. By Waterproofing
      2. By Roadways
      3. By Insulation
      4. By Adhesives
      5. By Other Applications
    5. Europe Bitumen Market, by Country
      1. Germany
        1. Germany Bitumen Market, By Products
          1. By Oxidized
          2. By Paving
          3. By Emulsion
          4. By Cutback
          5. By Polymer Modified
          6. By Other Products
        2. Germany Bitumen Market, By Applications
          1. By Waterproofing
          2. By Roadways
          3. By Insulation
          4. By Adhesives
          5. By Other Applications
      2. UK
        1. UK Market, By Products
          1. By Oxidized
          2. By Paving
          3. By Emulsion
          4. By Cutback
          5. By Polymer Modified
          6. By Other Products
        2. UK Market, By Applications
          1. By Waterproofing
          2. By Roadways
          3. By Insulation
          4. By Adhesives
          5. By Other Applications
      3. France
        1. France Bitumen Market, By Products
          1. By Oxidized
          2. By Paving
          3. By Emulsion
          4. By Cutback
          5. By Polymer Modified
          6. By Other Products
        2. France Bitumen Market, By Applications
          1. By Waterproofing
          2. By Roadways
          3. By Insulation
          4. By Adhesives
          5. By Other Applications
      4. Spain
        1. Spain Bitumen Market, By Products
          1. By Oxidized
          2. By Paving
          3. By Emulsion
          4. By Cutback
          5. By Polymer Modified
          6. By Other Products
        2. Spain Bitumen Market, By Applications
          1. By Waterproofing
          2. By Roadways
          3. By Insulation
          4. By Adhesives
          5. By Other Applications
      5. Italy
        1. Italy Bitumen Market, By Products
          1. By Oxidized
          2. By Paving
          3. By Emulsion
          4. By Cutback
          5. By Polymer Modified
          6. By Other Products
        2. Italy Bitumen Market, By Applications
          1. By Waterproofing
          2. By Roadways
          3. By Insulation
          4. By Adhesives
          5. By Other Applications
      6. BENELUX
        1. BENELUX Bitumen Market, By Products
          1. By Oxidized
          2. By Paving
          3. By Emulsion
          4. By Cutback
          5. By Polymer Modified
          6. By Other Products
        2. BENELUX Bitumen Market, By Applications
          1. By Waterproofing
          2. By Roadways
          3. By Insulation
          4. By Adhesives
          5. By Other Applications
      7. Rest of Europe
        1. Rest Of Europe Bitumen Market, By Products
          1. By Oxidized
          2. By Paving
          3. By Emulsion
          4. By Cutback
          5. By Polymer Modified
          6. By Other Products
        2. Rest Of Europe Bitumen Market, By Applications
          1. By Waterproofing
          2. By Roadways
          3. By Insulation
          4. By Adhesives
          5. By Other Applications
  6. Asia Pacific Bitumen Market - Segment Analysis
    1. Overview
    2. Asia Pacific Bitumen Market, 2016 - 2028 (USD Million)
    3. Asia Pacific Bitumen Market, by Products
      1. By Oxidized
      2. By Paving
      3. By Emulsion
      4. By Cutback
      5. By Polymer Modified
      6. By Other Products
    4. Asia Pacific Bitumen Market, by Applications
      1. By Waterproofing
      2. By Roadways
      3. By Insulation
      4. By Adhesives
      5. By Other Applications
    5. Asia Pacific Bitumen Market, by Country
      1. China
        1. China Bitumen Market, By Products
          1. By Oxidized
          2. By Paving
          3. By Emulsion
          4. By Cutback
          5. By Polymer Modified
          6. By Other Products
        2. China Bitumen Market, By Applications
          1. By Waterproofing
          2. By Roadways
          3. By Insulation
          4. By Adhesives
          5. By Other Applications
      2. Japan
        1. Japan Bitumen Market, By Products
          1. By Oxidized
          2. By Paving
          3. By Emulsion
          4. By Cutback
          5. By Polymer Modified
          6. By Other Products
        2. Japan Bitumen Market, By Applications
          1. By Waterproofing
          2. By Roadways
          3. By Insulation
          4. By Adhesives
          5. By Other Applications
      3. India
        1. India Bitumen Market, By Products
          1. By Oxidized
          2. By Paving
          3. By Emulsion
          4. By Cutback
          5. By Polymer Modified
          6. By Other Products
        2. India Bitumen Market, By Applications
          1. By Waterproofing
          2. By Roadways
          3. By Insulation
          4. By Adhesives
          5. By Other Applications
      4. South Korea
        1. South Korea Bitumen Market, By Products
          1. By Oxidized
          2. By Paving
          3. By Emulsion
          4. By Cutback
          5. By Polymer Modified
          6. By Other Products
        2. South Korea Bitumen Market, By Applications
          1. By Waterproofing
          2. By Roadways
          3. By Insulation
          4. By Adhesives
          5. By Other Applications
      5. South East Asia
        1. South East Asia Bitumen Market, By Products
          1. By Oxidized
          2. By Paving
          3. By Emulsion
          4. By Cutback
          5. By Polymer Modified
          6. By Other Products
        2. South East Asia Bitumen Market, By Applications
          1. By Waterproofing
          2. By Roadways
          3. By Insulation
          4. By Adhesives
          5. By Other Applications
      6. Rest of Asia Pacific
        1. Rest of Asia Pacific Bitumen Market, By Products
          1. By Oxidized
          2. By Paving
          3. By Emulsion
          4. By Cutback
          5. By Polymer Modified
          6. By Other Products
        2. Rest of Asia Pacific Bitumen Market, By Applications
          1. By Waterproofing
          2. By Roadways
          3. By Insulation
          4. By Adhesives
          5. By Other Applications
  7. Latin America Bitumen Market - Segment Analysis
    1. Overview
    2. Latin America Bitumen Market, 2016 - 2028 (USD Million)
    3. Latin America Bitumen Market, by Products
      1. By Oxidized
      2. By Paving
      3. By Emulsion
      4. By Cutback
      5. By Polymer Modified
      6. By Other Products
    4. Latin America Bitumen Market, by Applications
      1. By Waterproofing
      2. By Roadways
      3. By Insulation
      4. By Adhesives
      5. By Other Applications
    5. Latin America Bitumen Market, by Country
      1. Brazil
        1. Brazil Bitumen Market, By Products
          1. By Oxidized
          2. By Paving
          3. By Emulsion
          4. By Cutback
          5. By Polymer Modified
          6. By Other Products
        2. Brazil Bitumen Market, By Applications
          1. By Waterproofing
          2. By Roadways
          3. By Insulation
          4. By Adhesives
          5. By Other Applications
      2. Argentina
        1. Argentina Bitumen Market, By Products
          1. By Oxidized
          2. By Paving
          3. By Emulsion
          4. By Cutback
          5. By Polymer Modified
          6. By Other Products
        2. Argentina Bitumen Market, By Applications
          1. By Waterproofing
          2. By Roadways
          3. By Insulation
          4. By Adhesives
          5. By Other Applications
      3. Rest of Latin America
        1. Rest of Latin America Bitumen Market, By Products
          1. By Oxidized
          2. By Paving
          3. By Emulsion
          4. By Cutback
          5. By Polymer Modified
          6. By Other Products
        2. Rest of Latin America Bitumen Market, By Applications
          1. By Waterproofing
          2. By Roadways
          3. By Insulation
          4. By Adhesives
          5. By Other Applications
  8. Middle East & Africa Bitumen Market - Segment Analysis
    1. Overview
    2. Middle East & Africa Bitumen Market, 2016 - 2028 (USD Million)
    3. Middle East & Africa Bitumen Market, by Products
      1. By Oxidized
      2. By Paving
      3. By Emulsion
      4. By Cutback
      5. By Polymer Modified
      6. By Other Products
    4. Middle East & Africa Bitumen Market, by Applications
      1. By Waterproofing
      2. By Roadways
      3. By Insulation
      4. By Adhesives
      5. By Other Applications
    5. Middle East & Africa Bitumen Market, by Country
      1. GCC Countries
        1. GCC Countries Bitumen Market, By Products
          1. By Oxidized
          2. By Paving
          3. By Emulsion
          4. By Cutback
          5. By Polymer Modified
          6. By Other Products
        2. GCC Countries Bitumen Market, By Applications
          1. By Waterproofing
          2. By Roadways
          3. By Insulation
          4. By Adhesives
          5. By Other Applications
      2. South Africa
        1. South Africa Bitumen Market, By Products
          1. By Oxidized
          2. By Paving
          3. By Emulsion
          4. By Cutback
          5. By Polymer Modified
          6. By Other Products
        2. South Africa Bitumen Market, By Applications
          1. By Waterproofing
          2. By Roadways
          3. By Insulation
          4. By Adhesives
          5. By Other Applications
      3. Rest of Middle East & Africa
        1. Rest of Middle East & Africa Bitumen Market, By Products
          1. By Oxidized
          2. By Paving
          3. By Emulsion
          4. By Cutback
          5. By Polymer Modified
          6. By Other Products
        2. Rest of Middle East & Africa Bitumen Market, By Applications
          1. By Waterproofing
          2. By Roadways
          3. By Insulation
          4. By Adhesives
          5. By Other Applications
  9. Key Market Dynamics
    1. Introduction
    2. Market Drivers
    3. Market Restraints
    4. Market Opportunities
    5. Porter's Five Forces Analysis
    6. PEST Analysis
    7. Regulatory Landscape
    8. Technology Landscape
    9. Regional Market Trends
  10. COVID 19 Impact Analysis
    1. Key strategies undertaken by companies to tackle COVID-19
    2. Short term dynamics
    3. Long term dynamics
  11. Marketing Stratagy Analysis
    1. Marketing Channel
    2. Direct Marketing
    3. Indirect Marketing
    4. Marketing Channel Development Trends
  12. Competative Landscape
    1. Competition Matrix - 2021
    2. Company Market Share Analysis - 2021
    3. Key Company Activities, 2018 - 2021
    4. Strategic Developments - Heat Map Analysis
    5. Company Offering Evaluation
    6. Company Regional Presence Evaluation
  13. Company Profiles
    1. AMT Techno (India)
    2. Athabasca Oil Corporation (Canada)
    3. Baker Hughes (US)
    4. Bouygues Groups (France)
    5. BP PLC (UK)
    6. CEMEX S.A.B. de C.V. (Mexico)
    7. Chevron Corporation (US)
    8. China Petroleum & Chemical Corporation (China)
    9. ENEOS Corporation (Japan)
    10. ExxonMobil Corporation (US)
    11. Gazprom- Neft (Russia)
    12. Gulf Petrochem (UAE)
    13. IKA Group (Germany)
    14. Imperial Oil Limited (Canada)
    15. Indian Oil Corporation Ltd (India)
    16. JX Nippon Oil & Energy Corporation (Japan)
    17. LN Petrochem (India)
    18. Marathon Oil Company (US)
    19. Maruti Group (India)
    20. MBD Industries (India)
    21. Nippon Oil Corporation (Japan)
    22. NuStar Energy LP (US)
    23. Nynas AB (Sweden)
    24. PetróleosMexicanos (Mexico)
    25. Ratnamani Industries (India)
    26. Roadstar
    27. Royal Dutch Shell PLC (UK)
    28. Sasol Ltd. (South Africa)
    29. Shell Bitumen (UK)
    30. Sinopec Corporation (China)
    31. Suncor Energy Inc. (Canada)
    32. Syncrude Canada Ltd. (Canada)
    33. The Richmond Group (US)
    34. Tiki Tar Industries (India)
    35. Total Energy (France)
    36. United Refining Company (US)
    37. Valero Energy Corporation (US)
    38. Veekay Industries (India)
    39. Villas Austria GmbH (Austria)
  14. Key Primary Respondents - VERBATIM
  15. Discussion Guide
  16. Customization Offered
  17. Annexure
  18. List of Figures
  19. List of Tables
  20. List of Abbreviations
FAQ
Frequently Asked Question
  • The global Bitumen valued at USD 107.12 Billion in 2022 and is expected to reach USD 146.59 Billion in 2030 growing at a CAGR of 4.00%.

  • The prominent players in the market are AMT Techno (India), Athabasca Oil Corporation (Canada), Baker Hughes (US), Bouygues Groups (France), BP PLC (UK), CEMEX S.A.B. de C.V. (Mexico), Chevron Corporation (US), China Petroleum & Chemical Corporation (China), ENEOS Corporation (Japan), ExxonMobil Corporation (US), Gazprom- Neft (Russia), Gulf Petrochem (UAE), IKA Group (Germany), Imperial Oil Limited (Canada), Indian Oil Corporation Ltd (India), JX Nippon Oil & Energy Corporation (Japan), LN Petrochem (India), Marathon Oil Company (US), Maruti Group (India), MBD Industries (India), Nippon Oil Corporation (Japan), NuStar Energy LP (US), Nynas AB (Sweden), PetróleosMexicanos (Mexico), Ratnamani Industries (India), Roadstar, Royal Dutch Shell PLC (UK), Sasol Ltd. (South Africa), Shell Bitumen (UK), Sinopec Corporation (China), Suncor Energy Inc. (Canada), Syncrude Canada Ltd. (Canada), The Richmond Group (US), Tiki Tar Industries (India), Total Energy (France), United Refining Company (US), Valero Energy Corporation (US), Veekay Industries (India), Villas Austria GmbH (Austria).

  • The market is project to grow at a CAGR of 4.00% between 2023 and 2030.

  • The driving factors of the Bitumen include

    • Increasing road development activities

  • Asia Pacific was the leading regional segment of the Bitumen in 2022.