Results for tag: "Bitumen"

Bitumen is a type of coal tar that is used in a variety of applications, including road construction, roofing, and waterproofing. It is a by-product of the coking process, which is used to produce coke from coal. Bitumen is a viscous, black or dark-colored liquid that is insoluble in water and has a high boiling point. It is composed of hydrocarbons and other organic compounds, and is used in a variety of products, including asphalt, sealants, and adhesives. The bitumen market is driven by the increasing demand for asphalt in road construction and other infrastructure projects. The rising demand for bitumen in the construction industry is expected to drive the market in the coming years. Additionally, the increasing use of bitumen in waterproofing and roofing applications is expected to further boost the market. Some of the major companies in the bitumen market include Shell, ExxonMobil, Chevron, Total, BP, and Valvoline. Show Less Read more