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Bitumen Market Foreseen To Reach 129,673.2 Kilo Tons by the End of 2020

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The international bitumen market is foreseen to reach 129,673.2 kilo tons by the end of the forecast period 2014-2020. In 2016, the international market stood at 116,338.7 kilo tons.
Transparency Market
Research
Bitumen Market - Global Industry Analysis, Size, Share,
Growth, Trends, and Forecast 2014 - 2020
Published Date
09-Oct-2014
102 Page Report
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Press Release
Global Bitumen Market to Reach US$93.38 bn Driven by Growing Rate of Use
in Roadwork Construction : TMR
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Bitumen Market
REPORT DESCRIPTION
Bitumen Market (Product - Paving Bitumen, Oxidized Bitumen,
Cutback Bitumen, Bitumen Emulsion, Polymer Modified Bitumen,
and Bitumen Formed Due to Addition of Zinc and Copper;
Application - Roadways, Waterproofing, Adhesives, Insulation,
Decorative, and Industrial) - Global Industry Analysis, Size, Share,
Growth, Trends, and Forecast 2014 - 2020
The global bitumen market is projected to stand on the rising infrastructure activities in both
developed and emerging countries. Most of these activities are carried out for the purpose of
improving road networks. Over a period of six years, the global market is anticipated to drive a
colossal demand with an augment in construction activities pertinent to housing and development,
commercial installations, and industrial enhancement. The demand is expected to swell further as the
polymer modified bitumen (PMB) application segment gains prominence in the role of chemical
additives and adhesives used in road and household construction.
The international bitumen market is foreseen to reach 129,673.2 kilo tons by the end of the forecast
period 2014-2020. In 2016, the international market stood at 116,338.7 kilo tons. It is anticipated that
the usage of substitutes such as concrete could cut back the growth of the market. However, with the
advancement of bio-based bitumen and new corresponding opportunities, this threat is expected to
thin out.
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PMB to Draw Promising Demand in Future
By product type, the worldwide bitumen market is categorized into different segments, out of which,
paving grade bitumen had made a statement in 2016. Paving bitumen displayed a demand of more
than 80,000 kilo tons in the same year, outshining other products in the market. With a few of the
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Asian and European countries getting involved in the Silk Route reconstruction, the paving bitumen
market is expected to be strengthened. Moreover, developed regions such as the U.K. and the U.S.
making progress with maintenance and reconstruction activities are adding to the demand. The
elevating interest in road development taken by India, China, and Brazil is also envisaged to
contribute to the rise of the paving bitumen segment.
Howbeit, PMB products are foretold to penetrate the global bitumen market at a remarkable pace on
the back of the inflating demand in the roofing and road construction applications. As these products
help to enhance the performance of roadways and waterproofing applications and allow heating at
low temperatures, the PMB market is expected to gain further impetus.
Oxidized bitumen, cutback bitumen, bitumen emulsion, and bitumen formed due to the addition of
zinc and copper are the other significant products prevailing in the global market.
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While there are numerous applications of bitumen, its application in road construction is anticipated to
take hold of a colossal share of more than 80.0% in the global bitumen market by 2020. Much of the
demand in the roadways application segment is accounted to the high viscosity and stickiness
attributes of bitumen. The waterproofing market is predicted to grow at a sharp pace while riding on
infrastructure development activities in emerging nations such as India and China.
Other segments that hold prominence in the global bitumen market are adhesives, insulation,
decorative, and industrial applications.
Significant Global Consumption Accredited to North America
With a cosmic network of roads in the U.S., the North America region had made itself noticeable in
2016 by consuming bitumen at a larger volume of over 38,000 kilo tons. The region primarily
consumes bitumen during the repair and redevelopment of the existing roads. Asia Pacific and other
developing regions, contrastingly, consume bitumen for the development of new infrastructure. Asia
Pacific, including China, is expecting significant infrastructure development in the forthcoming years.
This has no doubt led to the anticipation of the Asia Pacific market to emerge as a rapidly expanding
segment during the forecast period on the back of extensive industrialization.
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NuStar Energy, Marathon Oil Company, Shell Bitumen, ExxonMobil, and Valero Energy Corporation
are some of the dominant companies making a mark in the global bitumen market. In 2013, the top
eight players in the global market had accounted for a total share of almost 39.0%, reflecting the
highly fragmented nature of the market.
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TABLE OF CONTENT
Chapter 1 Preface
1.1 Report description
1.2 Market segmentation
1.2.1 Global bitumen market segmentation
1.3 Research methodology
1.4 Research scope and assumptions
Chapter 2 Executive Summary
2.1 Global bitumen market, 2013 – 2020 (Kilo Tons) (USD Million)
2.2 Global bitumen - Market snapshot (2013 and 2020)
Chapter 3 Bitumen – Industry Analysis
3.1 Introduction
3.2 Value chain analysis
3.3 Market drivers
3.3.1 Increasing road development activities to boost market growth for bitumen over the forecast period
3.3.2 Rising application scope of polymer modified bitumen (PMB) is anticipated to drive the overall bitumen
market
3.3.3 Growth in roofing industry to augment the demand for bitumen over the next few years
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3.3.3.1 Global construction market, 2013 – 2020 (USD Billion)
3.4 Market restraints
3.4.1 Environmental issues associated with bitumen extraction anticipated to hamper market growth
3.4.2 Bitumen alternatives likely to hamper market growth in roadway application
3.5 Market opportunity
3.5.1 Development of bio-based bitumen
3.6 Porters’ five forces analysis
3.6.1 Bargaining power of suppliers
3.6.2 Bargaining power of buyers
3.6.3 Threat of new entrants
3.6.4 Threat of substitutes
3.6.5 Degree of competition
3.7 Bitumen: Company market share analysis
3.7.1 Bitumen: Company market share, 2013 (%)
3.8 Bitumen: Market attractiveness analysis
3.8.1 Bitumen: Market attractiveness analysis
Chapter 4 Global Bitumen Market – Product Segment Analysis
4.1 Global bitumen market: Product segment analysis
4.1.1 Global bitumen market volume share, by product, 2013 and 2020
4.1.2 Paving bitumen
4.1.2.1 Global paving bitumen market, 2013 – 2020 (Kilo Tons)
4.1.3 Oxidized bitumen
4.1.3.1 Global oxidized bitumen market, 2013 – 2020 (Kilo Tons)
4.1.4 Cutback bitumen
4.1.4.1 Global cutback bitumen market, 2013 – 2020 (Kilo Tons)
4.1.5 Bitumen emulsion
4.1.5.1 Global bitumen emulsion market, 2013 – 2020 (Kilo Tons)
4.1.6 Polymer modified bitumen (PMB)
4.1.6.1 Global polymer modified bitumen (PMB) market, 2013 – 2020 (Kilo Tons)
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4.1.7 Others
4.1.7.1 Global bitumen market for other product types, 2013 – 2020 (Kilo Tons)
Chapter 5 Global Bitumen Market– Application Analysis
5.1 Global bitumen market: Application overview
5.1.1 Global bitumen market volume share, by application, 2013 and 2020
5.1.2 Roadways
5.1.2.1 Global bitumen market for roadways, 2013 – 2020 (Kilo Tons) (USD Million)
5.1.2.2 Global bitumen market for roadways, by product type, 2013 – 2020, (Kilo Tons)
5.1.2.2.1 Global hard grade bitumen market for roadways, 2013 – 2020, (Kilo Tons)
5.1.2.2.2 Global soft grade bitumen market for roadways, 2013 – 2020, (Kilo Tons)
5.1.2.2.3 Global polymer modified bitumen (PMB) market for roadways, 2013– 2020 (Kilo Tons)
5.1.3 Waterproofing
5.1.3.1 Global bitumen market for waterproofing 2013 – 2020, (Kilo Tons) (USD Million)
5.1.3.2 Global bitumen market for waterproofing, by product type, 2013 – 2020, (Kilo Tons)
5.1.3.2.1 Global hard grade bitumen market for waterproofing, 2013 – 2020, (Kilo Tons)
5.1.3.2.2 Global soft grade bitumen market for waterproofing, 2013 – 2020, (Kilo Tons)
5.1.3.2.3 Global polymer modified bitumen (PMB) market for waterproofing, 2013– 2020 (Kilo Tons)
5.1.4 Adhesives
5.1.4.1 Global bitumen market for adhesives, 2013 – 2020, (Kilo Tons) (USD Million)
5.1.5 Insulation
5.1.5.1 Global bitumen market for insulation, 2013 – 2020, (Kilo Tons) (USD Million)
5.1.6 Others
5.1.6.1 Global bitumen market for other applications, 2013 – 2020, (Kilo Tons) (USD Million)
Chapter 6 Global Bitumen Market - Regional Analysis
6.1 Global bitumen market: Regional overview
6.1.1 Global bitumen market volume share, by region, 2013 and 2020
6.2 North America
6.2.1 North America bitumen market, by application, 2013 – 2020 (Kilo Tons)
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6.2.2 North America bitumen market, by application, 2013 – 2020 (USD Million)
6.3 Europe
6.3.1 Europe bitumen market, by application, 2013 – 2020 (Kilo Tons)
6.3.2 Europe bitumen market, by application, 2013 – 2020 (USD Million)
6.4 China
6.4.1 China bitumen market, by application, 2013 – 2020 (Kilo Tons)
6.4.2 China bitumen market, by application, 2013 – 2020 (USD Million)
6.5 Asia Pacific (Excluding China)
6.5.1 Asia Pacific bitumen market, by application, 2013 – 2020 (Kilo Tons)
6.5.2 Asia Pacific bitumen market, by application, 2013 – 2020 (USD Million)
6.6 Rest of the World (RoW)
6.6.1 RoW bitumen market, by application, 2013 – 2020 (Kilo Tons)
6.6.2 RoW bitumen market, by application, 2013 – 2020 (USD Million)
Chapter 7 Company Profiles
7.1 Bau Holding Vermögensverwaltung AG
7.1.1 Company overview
7.1.2 Financial overview
7.1.3 Business strategy
7.1.4 Recent developments
7.2 Bouygues S.A.
7.2.1 Company overview
7.2.2 Financial overview
7.2.3 Business strategy
7.2.4 Recent developments
7.3 British Petroleum
7.3.1 Company overview
7.3.2 Product portfolio
7.3.3 Financial overview
7.3.4 Business strategy
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7.3.5 Recent developments
7.4 ChevronTexaco Corporation
7.4.1 Company overview
7.4.2 Financial overview
7.4.3 Business strategy
7.4.4 Recent developments
7.5 China Petroleum and Chemical Corporation
7.5.1 Company overview
7.5.2 Financial overview
7.5.3 Business strategy
7.5.4 Recent developments
7.6 ExxonMobil
7.6.1 Company overview
7.6.2 Financial overview
7.6.3 Business strategy
7.6.4 Recent developments
7.7 Indian Oil Corporation
7.7.1 Company overview
7.7.2 Financial overview
7.7.3 Business strategy
7.7.4 Recent developments
7.8 Marathon Oil Company
7.8.1 Company overview
7.8.2 Financial overview
7.8.3 Business strategy
7.8.4 Recent developments
7.9 JX Nippon Oil & Energy Corporation
7.9.1 Company overview
7.9.2 Financial overview
7.9.3 Business strategy
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7.9.4 Recent developments
7.10 NuStar Energy
7.10.1 Company overview
7.10.2 Financial overview
7.10.3 Business strategy
7.10.4 Recent development
7.11 Nynas AB
7.11.1 Company overview
7.11.2 Financial overview
7.11.3 Business strategy
7.11.4 Recent developments
7.12 Petroleos Mexicanos
7.12.1 Company overview
7.12.2 Financial overview
7.12.3 Business strategy
7.12.4 Recent developments
7.13 Shell Bitumen
7.13.1 Company overview
7.13.2 Product portfolio
7.13.3 Financial Overview
7.13.4 Business strategy
7.13.5 Recent developments
7.14 Valero Energy Corporation
7.14.1 Company overview
7.14.2 Financial overview
7.14.3 Business strategy
7.14.4 Recent developments
7.15 Villas Austria GmbH
7.15.1 Company overview
7.15.2 Business strategy
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7.15.3 Recent developments
7.15.3 Recent developments
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paresh
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