Bitumen Market on the Rise with Expected 6.5% CAGR Growth by 2025
A Quick Overview of Bitumen Market
The key object of this report on the Bitumen Market is to offer worthy data and a geographical perspective for predictions of market growth in the future. The recommendations added in this detailed report are insightful, and actionable offering a deep understanding of the industry. Moreover, it includes a comprehensive importance of aspects that have impacted the industry.
MarkNtel Advisors has recently studied an extensive market intelligence evaluation on the Bitumen Market. Also, the newly released report exhibits an engaging format that comprises compelling graphs, tables, charts, and figures as well. These seamlessly combined visual aids are designed to support the clarity and accuracy of the details presented, offering analysts a deep knowledge of the topic at hand.
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Bitumen Market Scenario:
According to MarkNtel Advisors’ research report titled “Global Bitumen Market Analysis, 2020”, the Global Bitumen market is anticipated to grow at a CAGR of around 6.5% during 2020-25. On the basis of the application segmentation, the roadways segment held the largest market share in 2019. The increasing road construction and maintenance activities, majorly in the developing regions, are expected to have high market growth.
Bitumen Market Segmentation Analysis:
Bitumen Industry, analyzes, identifies, and highlights the main trends and drivers which are affecting each segment of the market. The market has been further divided into the following categories:
By Type
- Paving Grade Bitumen- Market Size & Forecast 2020-2030, Thousand Tons
- Oxidized Bitumen- Market Size & Forecast 2020-2030, Thousand Tons
- Bitumen Emulsions- Market Size & Forecast 2020-2030, Thousand Tons
- Polymer Modified Bitumen- Market Size & Forecast 2020-2030, Thousand Tons
- Cutback Bitumen- Market Size & Forecast 2020-2030, Thousand Tons
- Others- Market Size & Forecast 2020-2030, Thousand Tons
By Application
- Road Construction- Market Size & Forecast 2020-2030, Thousand Tons
- Water Proofing- Market Size & Forecast 2020-2030, Thousand Tons
- Adhesive- Market Size & Forecast 2020-2030, Thousand Tons
- Insulation- Market Size & Forecast 2020-2030, Thousand Tons
- Others- Market Size & Forecast 2020-2030, Thousand Tons
By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific.
Browse Full Report Along with TOC and Figures – https://www.marknteladvisors.com/research-library/bitumen-market-analysis.html
Who are the Key Market Players in the Bitumen Market?
In the fast-changing Bitumen Market, understanding what our competitors are doing is crucial. By carefully analyzing things, we figured out some of the dominating players in the industry. So, the top companies of the Bitumen market ruling the industry are:
List of Key Companies Profiled:
- British Petroleum
- Exxon Mobil Corporation
- BMI Group
- China Petroleum & Chemical Corporation
- Shell plc
- Total Energies
- Bouygous S.A.
- NYNAS AB
- Asphalt & Bitumen West Co.
- Raha Bitumen
- Marathon Oil Company
- Indian Oil Corporation
- ENEOS Holdings, Inc.
- Sinopec
- GOIL PLC
- Others.
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