Bitumen Market

By Product (Paving, Oxidized, Cutback, Emulsion, Polymer Modified), By Application (Roadways, Waterproofing, Adhesives, Insulation), Industry Outlook Report, Regional Analysis (U.S., Canada, Germany, U.K., France, Italy, Spain, Russia, Poland, Austria, Luxembourg, China, India, Vietnam, Japan, Tajikistan, Indonesia, Thailand, Malaysia, Australia, New Zealand, Colombia, Argentina, Bolivia, Peru, Saudi Arabia, Ethiopia, Botswana, Morocco, Nigeria)
 

  • Report ID : MD1464
    • |
  • Pages : 240
    • |
  • Tables : 85
    • |
  • Formats :

Bitumen Market size was estimated at $2,959 Million in 2019 and is expected to reach $3,590.1 Million by 2027, growing at a CAGR of 2.8% during the forecast period of 2020 to 2027.

bitumen market

Bitumen is a black, viscous product which is obtained from the fractional distillation of crude oil. The largest growth driver for Bitumen is the road construction industry as it is the primary ingredient. Nonetheless, a few challenges in terms of uncertain global crude oil prices need to be tackled. Moreover, environmental concerns in its extraction and use can be a restraint for the industry.

Analysis by Product
According to the Product, the five main segments are Paving, Oxidized, Cutback, Emulsion, and Polymer Modified Bitumen (PMB). The Bitumen market report suggests that PMB has an impressive growth projection ahead as it is finding acceptance for road construction and building & construction arenas. This is because properties of Bitumen are suitably modified by the addition of polymer-based additives. The Bitumen market research has found that this process has a tremendous impact on the elasticity and strength of the Bitumen, thereby making it highly suitable for upcoming road & infrastructure projects. The Bitumen market share of the Paving segment has been the bread & butter for the industry and is likely to maintain its status quo in the projected timeframe.

Analysis by Application
According to Application, the segments are Roadways, Waterproofing, Adhesives, and Insulation. The Bitumen market size is dominated by the Roadways application segment. Its use occurs in new projects as well as in cases of maintenance. On the other hand, industrial products such as adhesives, sealings, and roofing materials have a very mature value-chain involving business buyers. The Bitumen market estimation for these products is directly linked to industrial construction activities. Hence, they are likely to draw demand as infrastructural projects get underway. Waterproofing as a segment is likely to advance in Bitumen consumption in certain strategic geographies.

Analysis by Region
The Bitumen market forecast for the Asia-Pacific region is remarkable with close to a 40% market share as of now with room for much higher ground in the upcoming period. The surge will be led by China, Thailand, South Korea, Australia, and Indonesia. These have a large Crude Oil import footprint which has a direct positive correlation with the production of Bitumen. Special mention needs to be made of the Chinese Road & Belt initiatives. These are going to become leading demand-centers for the consumption of Bitumen. India’s construction sector is gearing up for a tectonic gear shift, majorly from the laying of Bituminous roads to its rural areas. The government imports a gigantic volume of crude for domestic consumption and the Bitumen value-chain is likely to flourish very well in a lot of the southern and eastern states. The booming economy will bring about a positive outlook to the Bitumen Price trend in this region.

Analysis by Eminent Enterprises
The leading Bitumen companies are British Petroleum, Chevron Texaco, China Petroleum and Chemical, Royal Dutch Shell., Total, Indian Oil, Bouygues S.A., Exxon Mobil, PetroleosMexicanos, Nynas AB, and Villas Austria GmbH. The key to success in this industry is to have a presence in the forward linkages of the value-chain as the margins are higher there. Moreover, large companies can consolidate their positions by acquiring regional distribution networks for better reach to the clients.

COVERAGE HIGHLIGHTS
•    Market Revenue Estimation and Forecast (2019 – 2026)
•    Market Production Estimation and Forecast (2019 – 2026)
•    Market Sales/Consumption Volume Estimation and Forecast (2019 – 2026)
•    Breakdown of Revenue by Segments (2019 – 2026)
•    Breakdown of Production by Segments (2019 – 2026)
•    Breakdown of Sales Volume by Segments (2019 – 2026)
•    Gross Margin and Profitability Analysis of Companies
•    Business Trend and Expansion Analysis
•    Import and Export Analysis
•    Regional Analysis and Market Data Breakdown

MARKET SEGMENTATION

By Product Outlook ($Revenue and Unit Sales, 2019-2026)
•    Paving
•    Oxidized
•    Cutback
•    Emulsion
•    Polymer Modified

By Application Outlook ($Revenue and Unit Sales, 2019-2026)
•    Roadways
•    Waterproofing
•    Adhesives
•    Insulation

By Regional Outlook ($Revenue and Unit Sales, 2019-2026)
•    North America
o    U.S.
o    Canada
•    Europe
o    Germany
o    U.K.
o    France
o    Italy
o    Spain
o    Russia
o    Poland
o    Austria
o    Luxembourg
•    Asia-Pacific
o    China
o    India
o    Vietnam
o    Japan
o    Tajikistan
o    Indonesia
o    Thailand
o    Malaysia
o    Australia
o    New Zealand
•    Latin America
o    Colombia
o    Argentina
o    Bolivia
o    Peru
•    Middle East & Africa
o    Saudi Arabia
o    Ethiopia
o    Botswana
o    Morocco
o    Nigeria

Eminent Enterprises
•    Royal Dutch Shell
•    Total S.A.
•    Valero Energy Corporation
•    Exxon Mobil Corporation
•    Nynas AB
•    Indian Oil Corporation
•    Chevron Texaco Corporation
•    China Petroleum and Chemical Corporation
•    Suncor Energy
•    Athabasca Oil Corporation
•    Bouygues S.A.
•    Nustar energy
•    Villas Austria GmbH
•    Marathon Oil Corporation
•    Gazprom-Neft
 

CHAPTER 1:    INTRODUCTION
 

1.1.    RESEARCH METHODOLOGY
1.1.1.    Desk Research 
1.1.2.    Data Synthesis 
1.1.3.    Data Validation & Market Feedback 
1.1.4.    Data Sources 
 

CHAPTER 2:    EXECUTIVE SUMMARY
2.1.    GLOBAL MARKET OUTLOOK
2.2.    CORE INSIGHTS –DELIVERY MODEL
2.3.    CORE INSIGHTS – BITUMEN 
2.4.    CORE INSIGHTS – SERVICE PROVIDER
2.5.    CORE INSIGHTS – GEOGRAPHY 
 

CHAPTER 3:   MARKET OVERVIEW
 

3.1.     MARKET DEFINITION AND SCOPE
 

3.2.    KEY FORCES SHAPING THE INDUSTRY
3.2.1.    Bargaining Power of Suppliers
3.2.2.    Bargaining Power of Buyers
3.2.3.    Threat of Substitutes
3.2.4.    Threat of New Entrants
 

3.3.    MARKET DYNAMICS
3.3.1.    Drivers
             3.3.1.1.    Supply-side Drivers
             3.3.1.2.    Demand-side Drivers
3.3.2.    Restraints
3.3.3.    Opportunities
 

3.4.    INDUSTRY - ANALYSIS
3.4.1.    Political Market
3.4.2.    Environmental Market
3.4.3.    Social Market
3.4.4.    Technology Market
 

CHAPTER 4:    MARKET BACKGROUND
 

4.1.    Industry Value Chain Analysis
4.1.1.    Upstream Participants 
4.1.2.    Downstream participants
 

4.2.    Pricing Analysis and Forecast, 2019-2026
4.2.1.    By Type
4.2.2.    By Region
 

CHAPTER 5:    BITUMEN MARKET, BY PRODUCT OUTLOOK
 

5.1.    Overview
5.1.1.    Market Revenue (US$ Million) and Forecast, 2019-2026
 

5.2.    Paving
5.2.1.    Key Market Trends, Growth Factors and Opportunities
5.2.2.    Market Revenue (US$ Million) and Forecast, By Region
 

5.3.    Oxidized
5.3.1.    Key Market Trends, Growth Factors and Opportunities
5.3.2.    Market Revenue (US$ Million) and Forecast, By Region
 

5.4.     Cutback
5.4.1.    Key Market Trends, Growth Factors and Opportunities
5.4.2.    Market Revenue (US$ Million) and Forecast, By Region
 

5.5.      Emulsion
5.5.1.    Key Market Trends, Growth Factors and Opportunities
5.5.2.    Market Revenue (US$ Million) and Forecast, By Region
 

5.6.    Polymer Modified
5.6.1.    Key Market Trends, Growth Factors and Opportunities
5.6.2.    Market Revenue (US$ Million) and Forecast, By Region
 

CHAPTER 6:    BITUMEN MARKET BY APPLICATION OUTLOOK
 

6.1.    Overview
6.1.1.    Market Revenue (US$ Million) and Forecast, 2019-2026
 

6.2.    Roadways
6.2.1.    Key Market Trends, Growth Factors and Opportunities
6.2.2.    Market Revenue (US$ Million) and Forecast, By Region
 

6.3.    Waterproofing
6.3.1.    Key Market Trends, Growth Factors and Opportunities
6.3.2.    Market Revenue (US$ Million) and Forecast, By Region
 

6.4.    Adhesives
6.4.1.    Key Market Trends, Growth Factors and Opportunities
6.4.2.    Market Revenue (US$ Million) and Forecast, By Region
 

6.5.    Insulation
6.5.1.    Key Market Trends, Growth Factors and Opportunities
6.5.2.    Market Revenue (US$ Million) and Forecast, By Region
 

CHAPTER 7:    BITUMEN MARKET, BY GEOGRAPHY
 

7.1.    Overview
 

7.2.    North America 
7.2.1.    Key Market Trends, Growth Factors and Opportunities
7.2.2.    Market Revenue and Forecast, By Delivery Model
7.2.3.    Market Revenue and Forecast, By Agriculture Type
7.2.4.    Market Revenue and Forecast, By Service Provider
7.2.5.    Market Revenue and Forecast, By Country
7.2.6.    U.S.
             7.2.6.1.    Market Revenue and Forecast
7.2.7.    Canada
             7.2.7.1.    Market Revenue and Forecast
7.2.8.    Mexico
             7.2.8.1.    Market Revenue and Forecast
 

7.3.    Europe
7.3.1.    Market Revenue and Forecast, By Delivery Model
7.3.2.    Market Revenue and Forecast, By Agriculture Type
7.3.3.    Market Revenue and Forecast, By Service Provider
7.3.4.    Market Revenue and Forecast, By Country
7.3.5.    Germany
            7.3.5.1.    Market Revenue and Forecast
7.3.6.    UK
            7.3.6.1.    Market Revenue and Forecast
7.3.7.    France
             7.3.7.1.    Market Revenue and Forecast
7.3.8.    Italy
            7.3.8.1.    Market Revenue and Forecast
7.3.9.    Spain
             7.3.9.1.    Market Revenue and Forecast
7.3.10.    Poland
              7.3.10.1.    Market Revenue and Forecast
7.3.11.    Austrai
              7.3.11.1.    Market Revenue and Forecast
7.3.12.    Luxembourg
              7.3.12.1.    Market Revenue and Forecast
7.3.13.    Rest of Europe
              7.3.13.1.    Market Revenue and Forecast

 

7.4.    Asia-Pacific
7.4.1.    Market Revenue and Forecast, By Delivery Model
7.4.2.    Market Revenue and Forecast, By Agriculture Type
7.4.3.    Market Revenue and Forecast, By Service Provider
7.4.4.    Market Revenue and Forecast, By Country
7.4.5.    China
            7.4.5.1.    Market Revenue and Forecast
7.4.6.    India
            7.4.6.1.    Market Revenue and Forecast
7.4.7.    Japan 
             7.4.7.1.    Market Revenue and Forecast
7.4.8.    South Korea 
           7.4.8.1.    Market Revenue and Forecast
7.4.9.    Rest of APAC
            7.4.9.1.    Market Revenue and Forecast
 

7.5.    REST OF THE WORLD
7.5.1.    Market Revenue and Forecast, By Delivery Model
7.5.2.    Market Revenue and Forecast, By Agriculture Type
7.5.3.    Market Revenue and Forecast, By Service Provider
7.5.4.    Market Revenue and Forecast, By Country
7.5.5.    Latin America 
            7.5.5.1.    Market Revenue and Forecast
7.5.6.    Middle East  
             7.5.6.1.    Market Revenue and Forecast
7.5.7.    Africa 
            7.5.7.1.    Market Revenue and Forecast
 

CHAPTER 8:    COMPETITIVE MARKET
 

8.1.    BITUMEN Market  Share Analysis, 2019

CHAPTER 9:  COMPANY PROFILES
 

9.1.    Airbus S.A.S
9.1.1.    Company Overview 
9.1.2.    Financial Performance
9.1.3.    SWOT Analysis
 

9.2.    Aviation Industry Corporation of China Ltd. (AVIC)
9.2.1.    Company Overview 
9.2.2.    Financial Performance
9.2.3.    SWOT Analysis
 

9.3.    Astronics Corporation
9.3.1.    Company Overview 
9.3.2.    Financial Performance
9.3.3.    SWOT Analysis
 

9.4.    Boeing
9.4.1.    Company Overview 
9.4.2.    Financial Performance
9.4.3.    SWOT Analysis
 

9.5.    Ball Corporation
9.5.1.    Company Overview 
9.5.2.    Financial Performance
9.5.3.    SWOT Analysis
 

9.6.    BAE Systems
9.6.1.    Company Overview 
9.6.2.    Financial Performance
9.6.3.    SWOT Analysis
 

9.7.    Cobham plc
9.7.1.    Company Overview 
9.7.2.    Financial Performance
9.7.3.    SWOT Analysis
 

9.8.    Curtiss Wright
9.8.1.    Company Overview 
9.8.2.    Financial Performance
9.8.3.    SWOT Analysis
 

9.9.    Elbit System
9.9.1.    Company Overview 
9.9.2.    Financial Performance
9.9.3.    SWOT Analysis
 

9.10.    Gramin Ltd
9.10.1.    Company Overview 
9.10.2.    Financial Performance
9.10.3.    SWOT Analysis
 

9.11.    GE Aviation
9.11.1.    Company Overview 
9.11.2.    Financial Performance
9.11.3.    SWOT Analysis
 

9.12.    Harris Corporation
9.12.1.    Company Overview 
9.12.2.    Financial Performance
9.12.3.    SWOT Analysis
 

9.13.    Honeywell International Inc.
9.13.1.    Company Overview 
9.13.2.    Financial Performance
9.13.3.    SWOT Analysis
 

9.14.    Lockheed Martin Corporation
9.14.1.    Company Overview 
9.14.2.    Financial Performance
9.14.3.    SWOT Analysis
 

9.15.    L3 Harris Corporation
9.15.1.    Company Overview 
9.15.2.    Financial Performance
9.15.3.    SWOT Analysis
 

9.16.    Meggitt PLC
9.16.1.    Company Overview 
9.16.2.    Financial Performance
9.16.3.    SWOT Analysis
 

9.17.    Northrop Grumman Corporation
9.17.1.    Company Overview 
9.17.2.    Financial Performance
9.17.3.    SWOT Analysis
 

9.18.    Nucon Aerospace
9.18.1.    Company Overview 
9.18.2.    Financial Performance
9.18.3.    SWOT Analysis
 

9.19.    Panasonic Corporation
9.19.1.    Company Overview 
9.19.2.    Financial Performance
9.19.3.    SWOT Analysis
 

9.20.    Rolls Royce
9.20.1.    Company Overview 
9.20.2.    Financial Performance
9.20.3.    SWOT Analysis
 

9.21.    Raytheon Company
9.21.1.    Company Overview 
9.21.2.    Financial Performance
9.21.3.    SWOT Analysis
 

9.22.    Saab AB
9.22.1.    Company Overview 
9.22.2.    Financial Performance
9.22.3.    SWOT Analysis
 

9.23.    Safran
9.23.1.    Company Overview 
9.23.2.    Financial Performance
9.23.3.    SWOT Analysis
 

9.24.    Thales Group
9.24.1.    Company Overview 
9.24.2.    Financial Performance
9.24.3.    SWOT Analysis
 

9.25.    Teledyne Technologies Inc.
9.25.1.    Company Overview 
9.25.2.    Financial Performance
9.25.3.    SWOT Analysis
 

9.26.    Transdigm Group Inc.
9.26.1.    Company Overview 
9.26.2.    Financial Performance
9.26.3.    SWOT Analysis

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