Global Bitumen Market Report By Application (Roadways, Waterproofing, Adhesives, Insulation, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2020-2027

ID:VMR11215534
July 2021
Report Formats:
Global Bitumen Market Overview
 
The key drivers impacting the bitumen market are the growing road construction activities globally, increasing bitumen demand as it is most prevalently used in road construction. For instance, The U.S. transportation infrastructure market is anticipated to increase by 4.2% in 2019, as per the annual economic forecast report by the American Road & Transportation Builders Association (ARTBA). The total domestic transportation construction and related market activities are expected to reach $278.1 billion, climb to  $266.9 billion in 2018’s . Public & Private Highway, Street & Related Construction Work is the biggest sector, and work on private highways, bridges, parking lots, and driveways will augment from $65.9 billion in 2018 to $69.1 billion in 2019 and will persist in developing in the next five years. Moreover, the government expenditure and policies toward roads & infrastructural development by using Public-Private Partnership models across developed as well as emerging nations contributes to bitumen market demand in the later years. Whereas with regards to volume, the market was calculated XX Kilo Tons in 2020 and foreseen to grow with a CAGR of XX% during 2021-2027.
According to Value Market Research, the global bitumen market size was valued at about USD 50 billion in 2020 and is estimated to grow at a CAGR of around 4.5% during the forecast period 2021 to 2027.

The growing usage of bitumen in waterproofing applications will likely augment the demand for bitumen software in the forecast period. Bitumen is also used in paints & coatings and inks & dyes applications due to the suitable bitumen properties, such as water resistance and viscosity which is driving the market demand in the paints and coating industry. However, substitution threat from concrete hampers the market in the long run. In addition, environmental concerns related to product extraction impede the market growth. Nevertheless, the market trends, such as the rising infrastructural developments and construction of new industrial plants, might provide considerable opportunities to the market's leading players.

The bitumen market is widespread, with many local and international players. The market leaders follow diverse strategies such as amalgamation, extending product portfolio, acquisitions, contracts, product upgrades to strengthen their market share globally. The key players in the report are Athabasca Oil Corporation, Imperial Oil Limited, Valero Energy Corporation, Syncrude, Indian Oil Corporation, China Petroleum and Chemical Corporation, Suncor Energy, Bouygues, Nustar Energy, Gazprom-Neftm, Villas Austria GmbH, and Marathon Oil Corporation.

Global Bitumen Market Share

In this research report, the bitumen market is segmented by application and region.

Analysis by Application:
By application, the report is divided into roadways, waterproofing, adhesives, insulation, and others. The roadways segment dominates with a significant market share in 2020. It is due to the growing need for roads in emerging economies, as road connectivity is the most critical feature of any developed economy. Moreover, an efficient transportation system in various countries, including India, China, and the U.S., will provoke product demand in the forecast period.

Analysis by Region: 
In the regional outlook of the global bitumen market, the Asia Pacific region dominates with the largest market share in 2020. It is due to the rapidly growing construction industry growth in India, China, Vietnam, And Thailand. Also, the growing industrialization, urbanization, and automobile ownership in the region are adding growth to the market. Moreover, the presence of an extensive road network and major market players in the region, including shell Bitumen, ExxonMobil, and British Petroleum, could complement bitumen industry expansion, thus contribute to the huge market growth across the Asia Pacific.
 
Market Segmentation covered in the Report:
By Application
  • Roadways
  • Waterproofing
  • Adhesives
  • Insulation
  • Others
 
By Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

METHODOLOGY

This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. 

If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.   

1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology
 
2 . EXECUTIVE SUMMARY
       2.1. Highlights of Market
       2.2. Global Market Snapshot
 
3 . BITUMEN – INDUSTRY ANALYSIS
       3.1. Introduction - Market Dynamics
       3.2. Market Drivers
       3.3. Market Restraints
       3.4. Opportunities
       3.5. Industry Trends
       3.6. Porter’s Five Force Analysis
       3.7. Market Attractiveness Analysis
           3.7.1 By Application
           3.7.2 By Region
 
4 . VALUE CHAIN ANALYSIS
       4.1. Value Chain Analysis
       4.2. Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Raw Material Manufactures List
           4.2.3. Price Trend of Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend
 
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
       5.1. Impact Analysis of Covid-19 Outbreak
           5.1.1. Direct Impact on Production
           5.1.2. Supply Chain and Market Disruption
           5.1.3. Financial Impact on Firms and Financial Markets
       5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
       5.3. Market: Pre V/S Post COVID-19
       5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic 
       5.5. COVID-19: Micro and Macro Factor Analysis
 
6 . GLOBAL BITUMEN MARKET ANALYSIS BY APPLICATION
       6.1 Overview by Application
       6.2 Historical and Forecast Data
       6.3 Analysis by Application
       6.4 Roadways Market by Regions
       6.5 Waterproofing Market by Regions
       6.6 Adhesives Market by Regions
       6.7 Insulation Market by Regions
       6.8 Others Market by Regions
 
7 . GLOBAL BITUMEN MARKET ANALYSIS BY GEOGRAPHY
       7.1. Regional Outlook
       7.2. Introduction
       7.3. North America
           7.3.1. Overview, Historic and Forecast Data 
           7.3.2. North America By Segment
           7.3.3. North America By Country
           7.3.4. United State
           7.3.5. Canada
           7.3.6. Mexico
       7.4. Europe
           7.4.1. Overview, Historic and Forecast Data 
           7.4.2. Europe by Segment
           7.4.3. Europe by Country
           7.4.4. United Kingdom
           7.4.5. France
           7.4.6. Germany
           7.4.7. Italy
           7.4.8. Russia
           7.4.9. Rest Of Europe
       7.5. Asia Pacific
           7.5.1. Overview, Historic and Forecast Data 
           7.5.2. Asia Pacific by Segment
           7.5.3. Asia Pacific by Country
           7.5.4. China
           7.5.5. India
           7.5.6. Japan
           7.5.7. South Korea
           7.5.8. Australia
           7.5.9. Rest Of Asia Pacific
       7.6. Latin America
           7.6.1. Overview, Historic and Forecast Data 
           7.6.2. Latin America by Segment
           7.6.3. Latin America by Country
           7.6.4. Brazil
           7.6.5. Argentina
           7.6.6. Peru
           7.6.7. Chile
           7.6.8. Rest of Latin America
       7.7. Middle East & Africa
           7.7.1. Overview, Historic and Forecast Data 
           7.7.2. Middle East & Africa by Segment
           7.7.3. Middle East & Africa by Country
           7.7.4. Saudi Arabia
           7.7.5. UAE
           7.7.6. Israel
           7.7.7. South Africa
           7.7.8. Rest Of Middle East And Africa
 
8 . COMPETITIVE LANDSCAPE OF THE BITUMEN COMPANIES
       8.1. Bitumen Market Competition
       8.2. Partnership/Collaboration/Agreement
       8.3. Merger And Acquisitions
       8.4. New Product Launch
       8.5. Other Developments
 
9 . COMPANY PROFILES OF BITUMEN INDUSTRY
       9.1. Company Share Analysis
       9.2. Market Concentration Rate
       9.3. Athabasca Oil Corporation
           9.3.1. Company Overview
           9.3.2. Financials
           9.3.3. Products
           9.3.4. Recent Developments
       9.4. Imperial Oil Limited
           9.4.1. Company Overview
           9.4.2. Financials
           9.4.3. Products
           9.4.4. Recent Developments
       9.5. Valero Energy Corporation
           9.5.1. Company Overview
           9.5.2. Financials
           9.5.3. Products
           9.5.4. Recent Developments
       9.6. Syncrude
           9.6.1. Company Overview
           9.6.2. Financials
           9.6.3. Products
           9.6.4. Recent Developments
       9.7. Indian Oil Corporation
           9.7.1. Company Overview
           9.7.2. Financials
           9.7.3. Products
           9.7.4. Recent Developments
       9.8. China Petroleum and Chemical Corporation
           9.8.1. Company Overview
           9.8.2. Financials
           9.8.3. Products
           9.8.4. Recent Developments
       9.9. Suncor Energy
           9.9.1. Company Overview
           9.9.2. Financials
           9.9.3. Products
           9.9.4. Recent Developments
       9.10. Bouygues
           9.10.1. Company Overview
           9.10.2. Financials
           9.10.3. Products
           9.10.4. Recent Developments
       9.11. Nustar Energy
           9.11.1. Company Overview
           9.11.2. Financials
           9.11.3. Products
           9.11.4. Recent Developments
       9.12. Gazprom-Neftm
           9.12.1. Company Overview
           9.12.2. Financials
           9.12.3. Products
           9.12.4. Recent Developments
       9.13. Villas Austria GmbH
           9.13.1. Company Overview
           9.13.2. Financials
           9.13.3. Products
           9.13.4. Recent Developments
       9.14. Marathon Oil Corporation
           9.14.1. Company Overview
           9.14.2. Financials
           9.14.3. Products
           9.14.4. Recent Developments
 
 *Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies

 LIST OF TABLES
 

  •  Market Snapshot
  •  Drivers : Impact Analysis
  •  Restraints : Impact Analysis
  •  List of Raw Material
  •  List of Raw Material Manufactures
  •  List of Potential Buyers
  •  COVID-19 Impact Analysis by Production, Import, Export and Demand
  •  Pre V/S Post COVID-19
  •  Estimated Impact Of The Coronavirus (Covid-19) Epidemic
  •  COVID-19: Micro and Macro Factor Analysis
  •  Analysis by Application (Kilo Tons and USD MN)
  •  Roadways Market by Geography (Kilo Tons and USD MN)
  •  Waterproofing Market by Geography (Kilo Tons and USD MN)
  •  Adhesives Market by Geography (Kilo Tons and USD MN)
  •  Insulation Market by Geography (Kilo Tons and USD MN)
  •  Others Market by Geography (Kilo Tons and USD MN)
  •  Global Bitumen Market by Geography (Kilo Tons and USD MN)
  •  North America Market Analysis (Kilo Tons and USD MN)
  •  United State Market Analysis (Kilo Tons and USD MN)
  •  Canada Market Analysis (Kilo Tons and USD MN)
  •  Mexico Market Analysis (Kilo Tons and USD MN)
  •  Europe Market Analysis (Kilo Tons and USD MN)
  •  Europe Market Estimate by Country (Kilo Tons and USD MN)
  •  United Kingdom Market Analysis (Kilo Tons and USD MN)
  •  France Market Analysis (Kilo Tons and USD MN)
  •  Germany Market Analysis (Kilo Tons and USD MN)
  •  Italy Market Analysis (Kilo Tons and USD MN)
  •  Russia Market Analysis (Kilo Tons and USD MN)
  •  Spain Market Analysis (Kilo Tons and USD MN)
  •  Rest of Europe Market Analysis (Kilo Tons and USD MN)
  •  Asia Pacific Market Analysis (Kilo Tons and USD MN)
  •  China Market Analysis (Kilo Tons and USD MN)
  •  Japan Market Analysis (Kilo Tons and USD MN)
  •  India Market Analysis (Kilo Tons and USD MN)
  •  South Korea Market Analysis (Kilo Tons and USD MN)
  •  Australia Market Analysis (Kilo Tons and USD MN)
  •  Rest of Asia Pacific Market Analysis (Kilo Tons and USD MN)
  •  Latin America Market Analysis (Kilo Tons and USD MN)
  •  Brazil Market Analysis (Kilo Tons and USD MN)
  •  Argentina Market Analysis (Kilo Tons and USD MN)
  •  Peru Market Analysis (Kilo Tons and USD MN)
  •  Chile Market Analysis (Kilo Tons and USD MN)
  •  Rest of Latin America Market Analysis (Kilo Tons and USD MN)
  •  Middle East & Africa Market Analysis (Kilo Tons and USD MN)
  •  Saudi Arabia Market Analysis (Kilo Tons and USD MN)
  •  UAE Market Analysis (Kilo Tons and USD MN)
  •  Israel Market Analysis (Kilo Tons and USD MN)
  •  South Africa Market Analysis (Kilo Tons and USD MN)
  •  Rest of Middle East and Africa Market Analysis (Kilo Tons and USD MN)
  •  Partnership/Collaboration/Agreement
  •  Mergers And Acquisiton
 
 LIST OF FIGURES
 
  •  Research Scope of Bitumen Report
  •  Market Research Process
  •  Market Research Methodology
  •  Global Bitumen Market Size, by Region (Kilo Tons and USD MN)
  •  Porters Five Forces Analysis
  •  Market Attractiveness Analysis by Application
  •  Market Attractiveness Analysis by Region
  •  Value Chain Analysis
  •  Global Market Segment Analysis (Kilo Tons and USD MN)
  •  Roadways Market by Geography (Kilo Tons and USD MN)
  •  Waterproofing Market by Geography (Kilo Tons and USD MN)
  •  Adhesives Market by Geography (Kilo Tons and USD MN)
  •  Insulation Market by Geography (Kilo Tons and USD MN)
  •  Others Market by Geography (Kilo Tons and USD MN)
  •  Global Market by Revenue
  •  North America Market by Revenue
  •  Europe Market by Revenue
  •  Asia Pacific Market by Revenue
  •  Latin America Market by Revenue
  •  Middle East & Africa Market by Revenue
  •  Recent Development in Industry
  •  Company Market Share Analysis, 2020
 
 * Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

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