Bitumen Market
Bitumen Market - Global Industry Assessment & Forecast
#
Pages:
145
2022
Jan - 2023
VMR-1985
Segments Covered
By
Products Oxidized, Paving, Emulsion, Cutback, Polymer Modified, Other Products
-
By
Applications Waterproofing, Roadways, Insulation, Adhesives, Other Applications
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2022 |
| Forecast
Years:
|
2023 - 2030 |
 Historical
Years:
|
2017 - 2021 |
 Revenue
2022: |
USD 107.12 Billion |
 Revenue 2030:
|
USD 146.59 Billion |
 Revenue CAGR
(2023 - 2030): |
4.00% |
Fastest Growing Region (2023 -
2030)
|
Asia Pacific |
Largest Region (2022):
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Bitumen Market Segment Analysis
- Bitumen Products Outlook (Revenue, USD Million, 2018 - 2030)
- Oxidized
- Paving
- Emulsion
- Cutback
- Polymer Modified
- Other Products
- Bitumen Applications Outlook (Revenue, USD Million, 2018 - 2030)
- Waterproofing
- Roadways
- Insulation
- Adhesives
- Other Applications
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Bitumen Market, by Products
- Oxidized
- Paving
- Emulsion
- Cutback
- Polymer Modified
- Other Products
-
North America Bitumen Market, by Applications
- Waterproofing
- Roadways
- Insulation
- Adhesives
- Other Applications
- U.S.
- U.S. Bitumen Market, by Products
- Oxidized
- Paving
- Emulsion
- Cutback
- Polymer Modified
- Other Products
- U.S. Bitumen Market, by Applications
- Waterproofing
- Roadways
- Insulation
- Adhesives
- Other Applications
- U.S. Bitumen Market, by Products
- Canada
- Canada Bitumen Market, by Products
- Oxidized
- Paving
- Emulsion
- Cutback
- Polymer Modified
- Other Products
- Canada Bitumen Market, by Applications
- Waterproofing
- Roadways
- Insulation
- Adhesives
- Other Applications
- Canada Bitumen Market, by Products
-
Mexico
- Mexico Bitumen Market, by Products
- Oxidized
- Paving
- Emulsion
- Cutback
- Polymer Modified
- Other Products
- Mexico Bitumen Market, by Applications
- Waterproofing
- Roadways
- Insulation
- Adhesives
- Other Applications
- Mexico Bitumen Market, by Products
-
North America Bitumen Market, by Products
- Europe
-
Europe Bitumen Market, by Products
- Oxidized
- Paving
- Emulsion
- Cutback
- Polymer Modified
- Other Products
-
Europe Bitumen Market, by Applications
- Waterproofing
- Roadways
- Insulation
- Adhesives
- Other Applications
- U. K.
- U.K. Bitumen Market, by Products
- Oxidized
- Paving
- Emulsion
- Cutback
- Polymer Modified
- Other Products
- U.K. Bitumen Market, by Applications
- Waterproofing
- Roadways
- Insulation
- Adhesives
- Other Applications
- U.K. Bitumen Market, by Products
- France
- France Bitumen Market, by Products
- Oxidized
- Paving
- Emulsion
- Cutback
- Polymer Modified
- Other Products
- France Bitumen Market, by Applications
- Waterproofing
- Roadways
- Insulation
- Adhesives
- Other Applications
- France Bitumen Market, by Products
-
Germany
- Germany Bitumen Market, by Products
- Oxidized
- Paving
- Emulsion
- Cutback
- Polymer Modified
- Other Products
- Germany Bitumen Market, by Applications
- Waterproofing
- Roadways
- Insulation
- Adhesives
- Other Applications
- Germany Bitumen Market, by Products
-
Italy
- Italy Bitumen Market, by Products
- Oxidized
- Paving
- Emulsion
- Cutback
- Polymer Modified
- Other Products
- Italy Bitumen Market, by Applications
- Waterproofing
- Roadways
- Insulation
- Adhesives
- Other Applications
- Italy Bitumen Market, by Products
-
Spain
- Spain Bitumen Market, by Products
- Oxidized
- Paving
- Emulsion
- Cutback
- Polymer Modified
- Other Products
- Spain Bitumen Market, by Applications
- Waterproofing
- Roadways
- Insulation
- Adhesives
- Other Applications
- Spain Bitumen Market, by Products
-
Rest of Europe
- Rest of Europe Bitumen Market, by Products
- Oxidized
- Paving
- Emulsion
- Cutback
- Polymer Modified
- Other Products
- Rest of Europe Bitumen Market, by Applications
- Waterproofing
- Roadways
- Insulation
- Adhesives
- Other Applications
- Rest of Europe Bitumen Market, by Products
-
Europe Bitumen Market, by Products
- Asia Pacific
-
Asia Pacific Bitumen Market, by Products
- Oxidized
- Paving
- Emulsion
- Cutback
- Polymer Modified
- Other Products
-
Asia Pacific Bitumen Market, by Applications
- Waterproofing
- Roadways
- Insulation
- Adhesives
- Other Applications
- China
- China Bitumen Market, by Products
- Oxidized
- Paving
- Emulsion
- Cutback
- Polymer Modified
- Other Products
- China Bitumen Market, by Applications
- Waterproofing
- Roadways
- Insulation
- Adhesives
- Other Applications
- China Bitumen Market, by Products
- Japan
- Japan Bitumen Market, by Products
- Oxidized
- Paving
- Emulsion
- Cutback
- Polymer Modified
- Other Products
- Japan Bitumen Market, by Applications
- Waterproofing
- Roadways
- Insulation
- Adhesives
- Other Applications
- Japan Bitumen Market, by Products
-
Germany
- Germany Bitumen Market, by Products
- Oxidized
- Paving
- Emulsion
- Cutback
- Polymer Modified
- Other Products
- Germany Bitumen Market, by Applications
- Waterproofing
- Roadways
- Insulation
- Adhesives
- Other Applications
- Germany Bitumen Market, by Products
-
India
- India Bitumen Market, by Products
- Oxidized
- Paving
- Emulsion
- Cutback
- Polymer Modified
- Other Products
- India Bitumen Market, by Applications
- Waterproofing
- Roadways
- Insulation
- Adhesives
- Other Applications
- India Bitumen Market, by Products
-
South Korea
- South Korea Bitumen Market, by Products
- Oxidized
- Paving
- Emulsion
- Cutback
- Polymer Modified
- Other Products
- South Korea Bitumen Market, by Applications
- Waterproofing
- Roadways
- Insulation
- Adhesives
- Other Applications
- South Korea Bitumen Market, by Products
-
South East Asia
- South East Asia Bitumen Market, by Products
- Oxidized
- Paving
- Emulsion
- Cutback
- Polymer Modified
- Other Products
- South East Asia Bitumen Market, by Applications
- Waterproofing
- Roadways
- Insulation
- Adhesives
- Other Applications
- South East Asia Bitumen Market, by Products
-
Rest of Asia Pacific
- Rest of Asia Pacific Bitumen Market, by Products
- Oxidized
- Paving
- Emulsion
- Cutback
- Polymer Modified
- Other Products
- Rest of Asia Pacific Bitumen Market, by Applications
- Waterproofing
- Roadways
- Insulation
- Adhesives
- Other Applications
- Rest of Asia Pacific Bitumen Market, by Products
-
Asia Pacific Bitumen Market, by Products
- Latin America
-
Latin America Bitumen Market, by Products
- Oxidized
- Paving
- Emulsion
- Cutback
- Polymer Modified
- Other Products
-
Latin America Bitumen Market, by Applications
- Waterproofing
- Roadways
- Insulation
- Adhesives
- Other Applications
- Brazil
- Brazil Bitumen Market, by Products
- Oxidized
- Paving
- Emulsion
- Cutback
- Polymer Modified
- Other Products
- Brazil Bitumen Market, by Applications
- Waterproofing
- Roadways
- Insulation
- Adhesives
- Other Applications
- Brazil Bitumen Market, by Products
- Argentina
- Argentina Bitumen Market, by Products
- Oxidized
- Paving
- Emulsion
- Cutback
- Polymer Modified
- Other Products
- Argentina Bitumen Market, by Applications
- Waterproofing
- Roadways
- Insulation
- Adhesives
- Other Applications
- Argentina Bitumen Market, by Products
-
Rest of Latin America
- Rest of Latin America Bitumen Market, by Products
- Oxidized
- Paving
- Emulsion
- Cutback
- Polymer Modified
- Other Products
- Rest of Latin America Bitumen Market, by Applications
- Waterproofing
- Roadways
- Insulation
- Adhesives
- Other Applications
- Rest of Latin America Bitumen Market, by Products
-
Latin America Bitumen Market, by Products
- Middle East & Africa
-
Middle East & Africa Bitumen Market, by Products
- Oxidized
- Paving
- Emulsion
- Cutback
- Polymer Modified
- Other Products
-
Middle East & Africa Bitumen Market, by Applications
- Waterproofing
- Roadways
- Insulation
- Adhesives
- Other Applications
- GCC Countries
- GCC Countries Bitumen Market, by Products
- Oxidized
- Paving
- Emulsion
- Cutback
- Polymer Modified
- Other Products
- GCC Countries Bitumen Market, by Applications
- Waterproofing
- Roadways
- Insulation
- Adhesives
- Other Applications
- GCC Countries Bitumen Market, by Products
- South Africa
- South Africa Bitumen Market, by Products
- Oxidized
- Paving
- Emulsion
- Cutback
- Polymer Modified
- Other Products
- South Africa Bitumen Market, by Applications
- Waterproofing
- Roadways
- Insulation
- Adhesives
- Other Applications
- South Africa Bitumen Market, by Products
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Bitumen Market, by Products
- Oxidized
- Paving
- Emulsion
- Cutback
- Polymer Modified
- Other Products
- Rest of Middle East & Africa Bitumen Market, by Applications
- Waterproofing
- Roadways
- Insulation
- Adhesives
- Other Applications
- Rest of Middle East & Africa Bitumen Market, by Products
-
Middle East & Africa Bitumen Market, by Products
- North America
Vantage Market
Research | 27-Jan-2023
FAQ
Frequently Asked Question
What is the global demand for Bitumen in terms of revenue?
-
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%.
Which are the prominent players in the market?
-
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).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 4.00% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Bitumen include
- Increasing road development activities
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Bitumen in 2022.
