Bitumen is primarily used as a binder in road construction along with other applications such as electronics, waterproofing for roofing, and in adhesives due to its resistance to water, insulation properties and high durability. The properties of bitumen can be altered by adding polymers to it, thus, increasing its application scope.
The report forecasts and analyzes the bitumen market on a global and regional level. The forecast demand onthe global level is based on volume (million tons) and revenue (USD billion) for the period from 2012 to 2018. For better understanding of the market on a regional level, the market has been forecasted based on volume (kilo tons) and revenues (USD million) for the same time period. The study covers the drivers and restraints of the bitumen market and their impact on the growth of the market during this time period. In addition, the study includes opportunities available for the market on a regional and global level and its effect in the above mentioned time period.
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For better understanding of the bitumen market, we have given a detailed analysis of the value chain. Moreover, a detailed Porters five forces model offers a better understanding of the intensity of competition present in the market. The study also comprises of a market attractiveness analysis, where the applications are benchmarked based on their market scope, growth rate and general attractiveness.
Detailed profiles of certain leading companies are covered in this report along with a detailed analysis of their market share. The profile includes leading companies such as Shell Bitumen, NuStar Energy, ExxonMobil, Marathon Oil Company, Valero Energy Corporation and Nynas AB among others. The company profile highlightsattributes such as company overview, financial overview, SWOT analysis, business strategies and recent developments. The market has been segmented as below:
Bitumen Market: Product Segment Analysis
- Paving grade bitumen
- Oxidized bitumen
- Cutback bitumen
- Bitumen emulsion
- Polymer Modified Bitumen (PMB)
Bitumen Market: Application Analysis
- Waterproofing (Roofing)
- Others (Includes decorative and industrial applications)
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The report provides a cross-sectional analysis of all the above application segments with respect to the following regions:
- North America
- Asia Pacific (excluding China)
- Rest of the World (RoW)
In addition, the report provides volume analysis and forecast of applications (roadways and roofing) based on various grades. We have not provided revenue forecast for this segmentation due to the large variety of grades available in the market which made it unfeasible to derive average pricing for revenues. The product gradesanalyzed in this segment include
- Hard grade
- Soft grade
- Polymer Modified Bitumen (PMB)
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