Global Bitumen Market 2017-2022

  • ID: 4115061
  • Report
  • Region: Global
  • 133 pages
  • Mordor Intelligence
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FEATURED COMPANIES

  • Bouygues S.A.
  • ChevronTexaco Corporation
  • Icopal Group
  • Kraton Corporation
  • NuStar Energy
  • Petroleos Mexicanos
  • MORE

The global bitumen market is estimated at USD XX billion in 2016 and is projected to reach USD XX billion by 2021, growing at a CAGR of XX% during the forecast period from 2016 to 2021.

Bitumen mixture is made of highly sticky, black, and viscous organic liquids that is entirely soluble in carbon disulfide and primarily composed of highly condensed polycyclic aromatic hydrocarbons. Naturally occurring bitumen is a tar-lie form of petroleum which is so dense, heavy, and thick that it must be heated or diluted before it can flow. Bitumen mostly contains sulfur and various heavy metals such as vanadium, lead, nickel, chromium, mercury, and other toxic elements. It is used in a wide-range of applications including roadways, waterproofing, insulation, and adhesives. Rapid urbanization in emerging markets has contributed to a rise in infrastructure activities, in-turn resulting in the increasing demand for the product.

The efficient transportation system in various countries, including India, China, and the United States., will stimulate the product demand in the future. The growing modern construction systems having waterproofed flat roofs will stimulate the bitumen demand over the forecast period.

Market Dynamics

This market is driven by factors such as the growing use in the construction of roadways around the world and the rapid urbanization in emerging markets. However, the market faces certain drawbacks that include high-degree of environmental hazards created by bitumen and volatility in raw material prices, which may act as a roadblock to the growth of the market.

Market Segmentation

Bitumen is produced using various technologies and is available in many product types. In the global bitumen market report, we have considered the following major product types: paving grade, hard grade, oxidized grade, bitumen emulsions and polymer modified bitumen.

Bitumen, in the recent years, has become an integral part of various applications in major industrial and road construction sectors. In the global bitumen market report, we have taken the following applications into account: adhesives, paints, waterproofing, insulation, decorative, roadways, etc.

The market has been geographically segmented by consumption. The regional analysis includes Asia-Pacific, North America, Europe, South America, and the Middle East and Africa. North America is the current global leader for bitumen, which can be attributed to the high-demand in road construction and industrial sectors. The region is expected to grow at a CAGR of XX.XX% during the forecast period.

Opportunities & Major Players

The increasing awareness regarding climate change and global warming will drive the roofing requirements, which is supposed to drive the bitumen market in the upcoming years.

The market for bitumen is dominated by large global players that include -

  • ExxonMobil
  • Valero Energy Corporation
  • Shell Bitumen
  • Nynas AB
  • Indian Oil Corporation
  • ChevronTexaco Corporation
  • NuStar Energy

Key Deliverables in the Study:

  • Market analysis for the global bitumen market, with region-specific assessments and competition analysis on a global and regional scale.
  • Market definition along with the identification of factors instrumental in changing the market scenario and prospective opportunities.
  • Extensively researched competitive landscape section with profiles of major companies along with their market share.
  • Identification and analysis of the macro and micro factors that affect the global bitumen market on both, global and regional scales.
  • A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
  • Insights on the major countries/regions where this industry is growing and identify the regions that are still untapped.
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Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Bouygues S.A.
  • ChevronTexaco Corporation
  • Icopal Group
  • Kraton Corporation
  • NuStar Energy
  • Petroleos Mexicanos
  • MORE
1. Introduction
1.1 Description
1.2 Research Methodology
1.3 Market Definition

2. Executive Summary

3. Market insights
3.1 Market Overview and Definition
3.2 Industry Value Chain Analysis
3.3 Industry Attractiveness - Porter's Five Forces Model
3.3.1 Bargaining Power of Suppliers
3.3.2 Bargaining Power of Buyers
3.3.3 Threat of New Entrants
3.3.4 Threat of Substitute Products
3.3.5 Degree of Competetion

4. Market Dynamics
4.1 Drivers
4.1.1 Rapid Urbanization in Emerging Markets
4.1.2 Growing Rate of Use in Construction of Roadways Around the World.
4.2 Constraints
4.2.1 Environmental Concern
4.2.2 Volatility of Raw Material Prices
4.3 Opportunities
4.3.1 Increasing Awareness About Climate Changes

5. Market Segmentation and Analysis
5.1 By Product Type
5.1.1 Paving Grade
5.1.2 Hard Grade
5.1.3 Oxidized Grade
5.1.4 Bitumen Emulsions
5.1.5 Polymer Modified Bitumen
5.2 By End-User Industry
5.2.1 Road Construction
5.2.2 Others
5.3 By Application
5.3.1 Adhesives
5.3.2 Paint
5.3.3 Waterproofing
5.3.4 Insulation
5.3.5 Decorative
5.3.6 Roadways

6. Regional Market Analysis (Market Size, Growth and Forecast)
6.1 Asia-Pacific
6.1.1 China
6.1.2 India
6.1.3 Japan
6.1.4 Hong Kong
6.1.5 SouthKorea
6.1.6 Rest of Asia-Pacific
6.2 Europe
6.2.1 Germany
6.2.2 UK
6.2.3 France
6.2.4 Italy
6.2.5 Spain
6.2.6 Russia
6.2.7 Rest of Europe
6.3 North America
6.3.1 USA
6.3.2 Canada
6.3.3 Mexico
6.3.4 Rest of North America
6.4 South America
6.4.1 Brazil
6.4.2 Argentina
6.4.3 Rest of South America
6.5 Middle East and Africa
6.5.1 UAE
6.5.2 Saudi Arabia
6.5.3 South Africa
6.5.4 Rest of Middle East & Africa

7. Competitive Landscape
7.1 Mergers & Acquisitions
7.2 Joint Ventures Collaborations and Agreements
7.3 Market Share Analysis
7.4 Strategies Adopted by Leading Players

8. Company Profiles
  • Bouygues S.A.
  • British Petroleum
  • ChevronTexaco Corporation
  • China Petroleum and Chemical Corporation
  • Exxon Mobil Corporation
  • Icopal Group
  • Indian Oil Corporation
  • JX Nippon Oil & Energy Corporation
  • Kraton Corporation
  • Marathon Oil Company
  • NuStar Energy
  • Nynas AB
  • Petroleos Mexicanos
  • Shell Bitumen
  • Suncor Energy Inc
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  • Bouygues S.A.
  • British Petroleum
  • ChevronTexaco Corporation
  • China Petroleum and Chemical Corporation
  • Exxon Mobil Corporation
  • Icopal Group
  • Indian Oil Corporation
  • JX Nippon Oil & Energy Corporation
  • Kraton Corporation
  • Marathon Oil Company
  • NuStar Energy
  • Nynas AB
  • Petroleos Mexicanos
  • Shell Bitumen
  • Suncor Energy Inc
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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