Global Bitumen Market Is Expected To Reach US$ 88.8 Bn By
2025 – Credence Research
According to a new market report published by Credence Research Global Bitumen Market –
Growth, Future Prospects & Competitive Analysis, 2017 – 2025, the Global Bitumen Market is
expected to reach US$ 87.1 Bn by 2025, expanding at a CAGR of 4.6% during the forecast period
2017 – 2025.
Browse the full Global Bitumen Market by Grade Type, Application and Geography –
Growth, Future Prospects & Competitive Analysis, 2017 – 2025 report at
http://www.credenceresearch.com/report/bitumen-market
Market Insights
Bitumen market is projected to witness significant growth in demand with rising investment is
road infrastructure across the globe during the forecast period. Rapid urbanization, increasing
international trade are driving the need for robust roadways infrastructure are anticipated to be the
key factor fueling the demand for bitumen over the forecast period. Increasing investment in road
infrastructure especially in China, India and U.S. is projected to drive the demand for bitumen over
the forecast period. Bitumen is also used as waterproofing material in buildings, water tanks, dams,
bridges, ships, boats, etc. due to its water insoluble properties. Growing infrastructure projects
including construction of dams, water tanks, bridges, etc. are anticipated to drive the growth of
bitumen market during the forecast period. Further, bitumen is also finds application in adhesives.
Thus, increasing demand for bitumen from wide array application is projected to fuel the growth
of global bitumen market during the forecast period (2017-2025).
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Competitive Insights:
Global bitumen market is segmented on the basis of grade, application and geography. By
application, in 2016 road construction segment was the most dominant segment accounting for
largest revenue share in global bitumen market. Widening road infrastructure especially in China,
U.S., India and other key consuming economies coupled with various government initiatives and
agreements among countries. Road infrastructure projects such as OBOR (One Belt One Road)
initiative by China, aimed to build economic corridor to connect China with Europe and South
Asia is projected to fuel the demand for bitumen in the region. Besides this, rapid expansion of
road infrastructure in India with focus to support country’s economic growth is projected to drive
the demand for bitumen in the country during the forecast period. On the basis of geography, Asia
Pacific was estimated to be the largest market for bitumen in 2016. Increasing investment in
construction of highways in the region especially in India and China is projected to spur the
demand for bitumen in the region during the forecast period. Major players in global bitumen
market are investing in expansion of production capacity, merger and acquisition with focus on
increasing market penetration.
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Overall, global bitumen market is anticipated to register significant growth over the forecast period
(2017-2025).
Key Trends:


Merger & Acquisition
Production capacity expansion
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Table of Content
1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted
2. Executive Summary
2.1. Global Bitumen Market Snapshot
2.1.1. Global Bitumen Market, by Grade Type, 2016
2.1.2. Global Bitumen Market, by Application, 2016
2.1.3. Global Bitumen Market, by Geography, 2016
2.1.4. Key Players
2.1.5. Drivers, Restrains & Future Prospects
3. Global Bitumen Market Dynamics
3.1. Market Overview
3.1.1. Market Definition
3.1.2. Market Size & Forecast, 2015-2025
3.2. Drivers
3.3. Challenges
3.4. Future Prospects
3.5. Impact Analysis of Drivers and Challenges
3.6. Global Production vs. Consumption Scenario (2011-2014)
3.7. Export Import Scenario of the Key Region (2011-2014)
3.8. Porter’s Five Force Analysis
3.8.1. Bargaining Power Of Suppliers
3.8.2. Bargaining Power Of Buyers
3.8.3. Threat Of Substitutes
3.8.4. Threat Of New Entrants
3.8.5. Industry Rivalry
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4. Global Bitumen Market Size & Forecast (Mn Tons) (US$ Mn), By Grade Type, 2015 – 2025
4.1. Overview
4.1.1. Market Share Analysis by Grade Type, 2016 vs. 2025
4.1.2. Attractive Investment Proposition by Grade Type
4.2. Paving grade
4.3. Hard grade
4.4. Oxidized Grade
4.5. Bitumen Emulsions
4.6. Polymer Modified Bitumen
5. Global Bitumen Market Size & Forecast (Mn Tons) (US$ Mn), By Application, 2015 – 2025
5.1. Overview
5.1.1. Market Share Analysis by Application, 2016 vs. 2025
5.1.2. Attractive Investment Proposition by Application
5.2. Road Construction
5.3. Waterproofing
5.4. Adhesives
5.5. Insulation
5.6. Others
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6. Global Bitumen Market Size & Forecast (Mn Tons) (US$ Mn), By Geography, 2015 – 2025
6.1. Overview
6.1.1. Market Share Analysis by Geography, 2016 vs. 2025
6.1.2. Attractive Investment Proposition by Geography
6.2. North America Bitumen Market Analysis, 2015 – 2025
6.2.1. North America Bitumen Market Size & Forecast (Mn Tons) (US$ Mn), By Country, 2015
– 2025
6.2.1.1. U.S.
6.2.1.2. Canada
6.2.2. North America Bitumen Market Size & Forecast (Mn Tons) (US$ Mn), By Grade Type,
2015 – 2025
6.2.2.1. Paving grade
6.2.2.2. Hard grade
6.2.2.3. Oxidized Grade
6.2.2.4. Bitumen Emulsions
6.2.2.5. Polymer Modified Bitumen
6.2.3. North America Bitumen Market Size & Forecast (Mn Tons) (US$ Mn), By Application,
2015 – 2025
6.2.3.1. Road Construction
6.2.3.2. Waterproofing
6.2.3.3. Adhesives
6.2.3.4. Insulation
6.2.3.5. Others
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6.3. Europe Bitumen Market Analysis, 2015 – 2025
6.3.1. Europe Bitumen Market Size & Forecast (Mn Tons) (US$ Mn), By Country, 2015 – 2025
6.3.1.1. U.K.
6.3.1.2. Germany
6.3.1.3. Italy
6.3.1.4. France
6.3.1.5. Russia
6.3.1.6. Rest of Europe
6.3.2. Europe Bitumen Market Size & Forecast (Mn Tons) (US$ Mn), By Grade Type, 2015 –
2025
6.3.2.1. Paving grade
6.3.2.2. Hard grade
6.3.2.3. Oxidized Grade
6.3.2.4. Bitumen Emulsions
6.3.2.5. Polymer Modified Bitumen
6.3.3. Europe Bitumen Market Size & Forecast (Mn Tons) (US$ Mn), By Application, 2015 –
2025
6.3.3.1. Road Construction
6.3.3.2. Waterproofing
6.3.3.3. Adhesives
6.3.3.4. Insulation
6.3.3.5. Others
6.4. Asia Pacific Bitumen Market Analysis , 2015 – 2025
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6.4.1. Asia Pacific Bitumen Market Size & Forecast (Mn Tons) (US$ Mn), By Country, 2015 –
2025
6.4.1.1. China
6.4.1.2. India
6.4.1.3. Japan
6.4.1.4. Rest of Asia Pacific
6.4.2. Asia Pacific Bitumen Market Size & Forecast (Mn Tons) (US$ Mn), By Grade Type, 2015
– 2025
6.4.2.1. Paving grade
6.4.2.2. Hard grade
6.4.2.3. Oxidized Grade
6.4.2.4. Bitumen Emulsions
6.4.2.5. Polymer Modified Bitumen
6.4.3. Asia Pacific Bitumen Market Size & Forecast (Mn Tons) (US$ Mn), By Application, 2015
– 2025
6.4.3.1. Road Construction
6.4.3.2. Waterproofing
6.4.3.3. Adhesives
6.4.3.4. Insulation
6.4.3.5. Others
6.5. Latin America Bitumen Market Analysis , 2015 – 2025
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6.5.1. Latin America Bitumen Market Size & Forecast (Mn Tons) (US$ Mn), By Country, 2015 –
2025
6.5.1.1. Brazil
6.5.1.2. Mexico
6.5.1.3. Rest of Latin America
6.5.2. Latin America Bitumen Market Size & Forecast (Mn Tons) (US$ Mn), By Grade Type,
2015 – 2025
6.5.2.1. Paving grade
6.5.2.2. Hard grade
6.5.2.3. Oxidized Grade
6.5.2.4. Bitumen Emulsions
6.5.2.5. Polymer Modified Bitumen
6.5.3. Latin America Bitumen Market Size & Forecast (Mn Tons) (US$ Mn), By Application,
2015 – 2025
6.5.3.1. Road Construction
6.5.3.2. Waterproofing
6.5.3.3. Adhesives
6.5.3.4. Insulation
6.5.3.5. Others
6.6. Middle East & Africa (MEA) Bitumen Market Analysis , 2015 – 2025
6.6.1. MEA Bitumen Market Size & Forecast (Mn Tons) (US$ Mn), By Region, 2015 – 2025
6.6.1.1. GCC
6.6.1.2. Rest of MEA
6.6.2. MEA Bitumen Market Size & Forecast (Mn Tons) (US$ Mn), By Grade Type, 2015 – 2025
6.6.2.1. Paving grade
6.6.2.2. Hard grade
6.6.2.3. Oxidized Grade
6.6.2.4. Bitumen Emulsions
6.6.2.5. Polymer Modified Bitumen
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6.6.3. MEA Bitumen Market Size & Forecast (Mn Tons) (US$ Mn), By Application, 2015 – 2025
6.6.3.1. Road Construction
6.6.3.2. Waterproofing
6.6.3.3. Adhesives
6.6.3.4. Insulation
6.6.3.5. Others
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7. Company Profiles
7.1. Competitive Dashboard
7.2. Key Players
7.2.1. Royal Dutch Shell plc.
7.2.1.1. Business Description
7.2.1.2. Financial Information*
7.2.1.3. Product Portfolio
7.2.1.4. Key Developments/ Business Strategies
7.2.1.5. SWOT Analysis
7.2.2. Athabasca Oil Corporation
7.2.3. Energy Corporation
7.2.4. ExxonMobil
7.2.5. Marathon Oil Corporation
7.2.6. NuStar Energy
7.2.7. Nippon Oil Corporation
7.2.8. Petróleos Mexicanos Nynas AB
7.2.9. Sinopec Limited.
7.2.10. Suncor Energy
7.2.11. Other Notable Players
List Of Tables
Table 01: Global Bitumen Market Size Volume (Mn Tons) & Forecast, by Geography, 2015-2025
Table 02: Global Bitumen Market Size Value (US$ Mn) & Forecast, by Geography, 2015-2025
Table 03: Global Bitumen Market Size Volume (Mn Tons) & Forecast, by Grade Type, 2015-2025
Table 04: Global Bitumen Market Size Value (US$ Mn) & Forecast, by Grade Type, 2015-2025
Table 05: Global Bitumen Market Size Volume (Mn Tons) & Forecast, by Application, 2015-2025
Table 06: Global Bitumen Market Size Value (US$ Mn) & Forecast, by Application, 2015-2025
Table 07: North America Bitumen Market Size Volume (Mn Tons) & Forecast, by Country, 20152025
Table 08: North America Bitumen Market Size Value (US$ Mn) & Forecast, by Country, 20152025
Table 09: North America Bitumen Market Size Volume (Mn Tons) & Forecast, by Grade Type,
2015-2025
Table 10: North America Bitumen Market Size Value (US$ Mn) & Forecast, by Grade Type, 20152025
Table 11: North America Bitumen Market Size Volume (Mn Tons) & Forecast, by Application,
2015-2025
Table 12: North America Bitumen Market Size Value (US$ Mn) & Forecast, by Application, 20152025
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Table 13: Europe Bitumen Market Size Volume (Mn Tons) & Forecast, by Country, 2015-2025
Table 14: Europe Bitumen Market Size Value (US$ Mn) & Forecast, by Country, 2015-2025
Table 15: Europe Bitumen Market Size Volume (Mn Tons) & Forecast, by Grade Type, 20152025
Table 16: Europe Bitumen Market Size Value (US$ Mn) & Forecast, by Grade Type, 2015-2025
Table 17: Europe Bitumen Market Size Volume (Mn Tons) & Forecast, by Application, 20152025
Table 18: Europe Bitumen Market Size Value (US$ Mn) & Forecast, by Application, 2015-2025
Table 19: Asia Pacific Bitumen Market Size Volume (Mn Tons) & Forecast, by Country, 20152025
Table 20: Asia Pacific Bitumen Market Size Value (US$ Mn) & Forecast, by Country, 2015-2025
Table 21: Asia Pacific Bitumen Market Size Volume (Mn Tons) & Forecast, by Grade Type, 20152025
Table 22: Asia Pacific Bitumen Market Size Value (US$ Mn) & Forecast, by Grade Type, 20152025
Table 23: Asia Pacific Bitumen Market Size Volume (Mn Tons) & Forecast, by Application, 20152025
Table 24: Asia Pacific Bitumen Market Size Value (US$ Mn) & Forecast, by Application, 20152025
Table 25: Latin America Bitumen Market Size Volume (Mn Tons) & Forecast, by Country, 20152025
Table 26: Latin America Bitumen Market Size Value (US$ Mn) & Forecast, by Country, 20152025
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Table 27: Latin America Bitumen Market Size Volume (Mn Tons) & Forecast, by Grade Type,
2015-2025
Table 28: Latin America Bitumen Market Size Value (US$ Mn) & Forecast, by Grade Type, 20152025
Table 29: Latin America Bitumen Market Size Volume (Mn Tons) & Forecast, by Application,
2015-2025
List Of Figures
Figure 01: Global Bitumen Market Size (Mn Tons) (US$ Mn) & Forecast, 2015-2025
Figure 02: Global Bitumen Market Share (Value %) Analysis by Geography, 2016 vs. 2025
Figure 03: Global Bitumen Market Investment Proposition by Geography, 2017
Figure 04: North America Bitumen Market Investment Proposition by Country, 2017
Figure 05: Europe Bitumen Market Investment Proposition by Country, 2017
Figure 06: Asia Pacific Bitumen Market Investment Proposition by Country, 2017
Figure 07: Latin America Bitumen Market Investment Proposition by Country, 2017
Figure 08: Middle East & Africa Bitumen Market Investment Proposition by Country, 2017
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