Bitumen Market: Global Industry Outlook, Industry share, Market size, Strategies and Forecast 2016 to 2025
MAY 19, 2017
Bitumen market is predicted to hit US$ 87.1 Bn by 2025, expanding at a CAGR of 4.6% from 2016 to 2025. The report includes forecast and analysis for the Bitumen market on a global and regional level. The research gives important data of 2014, 2015 and 2016 along with a projection from 2016 to 2025 based on revenue. The study covers drivers and limitations of the Bitumen market along with the impact they have on the trade over the forecast period. Additionally, the report covers the study of possibilities available in the Bitumen market on a global level.
The report aims to present a study of Global Bitumen market along with accurate segmentation of market by type, solution, application and five major geographical regions. Global Bitumen market is supposed to witness a high increase during the forecast years due to expanding risk of data theft and firm government regulation.
The report also tracks the major market functions including product launches, technological advancements, mergers & benefits, and the innovative market tactics opted by key market players. Along with strategically examining the key micro markets, the paper also focuses on industry-specific drivers, restraints, possibilities and challenges in the Bitumen market.
The objectives of this report are as follows:
-To present overview of the global Bitumen market
-To examine and forecast the global Bitumen market based on types, explications, and applications
To present market size and forecast till 2025 for overall Bitumen market with respect to five major regions, namely; North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America (SAM), which are later sub-segmented over respective major countries
-To evaluate market dynamics effecting the market during the projection period i.e., drivers, barriers, opportunities, and coming trend
-To provide exhaustive PEST analysis for all five regions
-To profiles key Bitumen players influencing the industry along with their SWOT analysis and market policies
The research methodology for Top World’s Bitumen market report utilizes a key of top-down and bottom-up research arrangements. Our initial focus on continuous market tracking, accurate fact-checking, data-triangulation, and multiple layers of quality control assures high-quality data that can be leveraged for actionable study insights.
This report examines the Bitumen market by the following segments:
- By Application
- By Technology
- By Portability
- By Type of Systems
- By End Users
- By Price Segments
Geographic Coverage and Report
This market research report covers the following geographic regions in detail:
- NORTH AMERICA
- MIDDLE EAST & AFRICA
- LATIN AMERICA
Based on the grade, the global bitumen market is segmented as follows:
- Paving grade
- Hard grade
- Oxidized Grade
- Bitumen Emulsions
- Polymer Modified Bitumen
This report titled “Bitumen Market - Growth, Future Prospects, and Competitive Analysis, 2017 – 2025” offers strategic insights into the trends in bitumen market along with the market size and forecast for the duration 2017 to 2025. The said research study incorporates in-depth analysis of multiple market segments based grade, application and geographical distribution.
The global bitumen market is becoming increasingly competitive with growing number of mergers and collaborations between market players to expand their production capabilities to meet the demand for bitumen. In addition, several players are also focused on developing their niche in the market. Rapid growth of this market has also resulted in creating further skilled job opportunities in major hubs spread across North America, Europe, Latin America, Middle East & Africa and Asia Pacific.
Based on grade type, the global bitumen market is segmented as paving grade, hard grade, oxidizing grade, bitumen emulsions and polymer modified bitumen. On the basis of application, the global bitumen market is categorized into road construction, water proofing, adhesives, and insulation. In addition, bitumen manufacturing companies, distributors and academic organizations form the major client types for bitumen market. Market size (Mn Tons) (US$ Bn) and forecast for all the considered segmentation is presented in this report for the period 2015-2025 along with their respective CAGRs (%) for the forecast period 2017-2025.
In terms of geographical distribution, the global Bitumen market is a study for five major regions namely, North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Market size and forecast for each regional and country-level market are included in the report for the considered periods. To further elucidate, the geographical distribution of the global bitumen market is performed as follows:
- North America
- Rest of Europe
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa (MEA)
- Rest of MEA
Along with the quantitative information sets, this report also provides qualitative information such as market dynamics and executive summary for the global bitumen market. Tools such as competition assessment and attractive investment proposition are also included in the report to provide the readers with competitive mapping assistance. This study concludes with company profiles section. This section includes major information about the key companies engaged in development, and provision of bitumen.