“Bitumen Market report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, threats, and global markets including progress trends, competitive landscape analysis, and key regions expansion status. This report is comprehensive numerical analyses of the Bitumen industry and provides data for making strategies to increase the market growth and success. Bitumen Market finds essential elements of the this market in light of present industry, this market requests, business methodologies used by Bitumen Market players and the future prospects from different edges in detail.
Global Bitumen Market Report 2021-2026 contains systematic and point to point information regarding to Bitumen Industry and growing due to growing requirements for quality inspection and surge in demand. It also provides pin-point analysis for changing competitive dynamics and provides healthy CAGR during the period 2026 and calculate the market size, Bitumen Sales, Price, Revenue, Gross Margin and Market Share, cost structure and growth rate.
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The research covers the current Bitumen market size of the market and its growth rates based on 6-year records with company outline of TOP KEY PLAYERS/MANUFACTURERS:
- ChevronTexaco Corporation
- China Petroleum and Chemical Corporation
- Indian Oil Corporation
- Marathon Oil Company
- JX Nippon Oil & Energy Corporation
- NuStar Energy
- Nynas AB
- Sinopec China
Brief Description of Bitumen Market:
Bitumen is a black or dark-colored (solid, semi-solid, viscous), amorphous, cementitious material that can be found in different forms, such us rock asphalt, natural bitumen, tar and bitumen derived from oil, which is referred to as petroleum bitumen.
Asia Pacific was the dominant market in 2017 and accounted for over 34.0% of the global volume and will show growth on account of rising construction industry growth in India, China, Thailand, and Vietnam. Moreover, the presence of the major market players in the region including EonMobil, Shell Bitumen, and British Petroleum will augment industry expansion over the next eight years. Also, Asia Pacific will increase its bitumen consumption owing to the extensive road network in the region.
Market Analysis and Insights: Global Bitumen Market
The global Bitumen market was valued at USD 54910 million in 2019 and it is expected to reach USD 63360 million by the end of 2026, growing at a CAGR of 2.0% during 2021-2026.
Global Bitumen Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the markets growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market experts opinions have been taken to understand the market better.
Global Bitumen Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Final Report will add the analysis of the impact of COVID-19 on this industry.
By the product type, the Bitumen market is primarily split into:
- Natural Bitumen
- Petroleum Bitumen
- Coal-Tar Pitch
By the end users/application, Bitumen market report covers the following segments:
- Polymer Modified
The key regions covered in the Bitumen market report are:
- North America (United States, Canada and Mexico)
- Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil, Argentina, Columbia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Key Reasons to Purchase:
- To gain insightful analyses of the market and have comprehensive understanding of the global Bitumen market trend and its commercial landscape.
- Assess the production processes, major issues, and solutions to mitigate the development risk.
- To understand the most affecting driving and restraining forces in the market and its impact in the global Bitumen market growth.
- Learn about the market strategies that are being adopted by leading respective organizations.
- To understand the future outlook and prospects for the Bitumen market forecast.
- Besides the standard structure reports, we also provide custom research according to specific requirements.
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Table of Contents with Major Points:
Detailed TOC of Global Bitumen Market Research Report 2021-2026, by Manufacturers, Regions, Types and Applications
1 Bitumen Market Overview
1.1 Product Overview and Scope of Bitumen
1.2 Bitumen Segment by Type
1.3 Bitumen Segment by Application
1.4 Global Bitumen Market Size Estimates and Forecasts
1.5 Bitumen Industry
1.6 Bitumen Market Trends
2 Global Bitumen Market Competition by Manufacturers
2.1 Global Bitumen Sales Market Share by Manufacturers (2015-2021)
2.2 Global Bitumen Revenue Share by Manufacturers (2015-2021)
2.3 Global Bitumen Average Price by Manufacturers (2015-2021)
2.4 Manufacturers Bitumen Manufacturing Sites, Area Served, Product Type
2.5 Bitumen Market Competitive Situation and Trends
2.6 Manufacturers Mergers & Acquisitions, Expansion Plans
2.7 Primary Interviews with Key Bitumen Players (Opinion Leaders)
3 Bitumen Retrospective Market Scenario by Region
3.1 Global Bitumen Retrospective Market Scenario in Sales by Region: 2015-2021
3.2 Global Bitumen Retrospective Market Scenario in Revenue by Region: 2015-2021
3.3 North America Bitumen Market Facts & Figures by Country
3.4 Europe Bitumen Market Facts & Figures by Country
3.5 Asia Pacific Bitumen Market Facts & Figures by Region
3.6 Latin America Bitumen Market Facts & Figures by Country
3.7 Middle East and Africa Bitumen Market Facts & Figures by Country
4 Global Bitumen Historic Market Analysis by Type
4.1 Global Bitumen Sales Market Share by Type (2015-2021)
4.2 Global Bitumen Revenue Market Share by Type (2015-2021)
4.3 Global Bitumen Price Market Share by Type (2015-2021)
4.4 Global Bitumen Market Share by Price Tier (2015-2021): Low-End, Mid-Range and High-End
5 Global Bitumen Historic Market Analysis by Application
5.1 Global Bitumen Sales Market Share by Application (2015-2021)
5.2 Global Bitumen Revenue Market Share by Application (2015-2021)
5.3 Global Bitumen Price by Application (2015-2021)
6 Company Profiles and Key Figures in Bitumen Business
7 Bitumen Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Market Dynamics
9.1 Market Trends
9.2 Opportunities and Drivers
9.4 Porter’s Five Forces Analysis
10 Global Market Forecast
10.1 Global Bitumen Market Estimates and Projections by Type
10.2 Bitumen Market Estimates and Projections by Application
10.3 Bitumen Market Estimates and Projections by Region
10.4 North America Bitumen Estimates and Projections (2021-2026)
10.5 Europe Bitumen Estimates and Projections (2021-2026)
10.6 Asia Pacific Bitumen Estimates and Projections (2021-2026)
10.7 Latin America Bitumen Estimates and Projections (2021-2026)
10.8 Middle East and Africa Bitumen Estimates and Projections (2021-2026)
11 Research Finding and Conclusion
12 Methodology and Data Source
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