Improved safety and environmental standards, mounting demand for better road surfaces, huge demand of cost effective constructions for low volume roads, large number of modified binders, recycling possibilities and utilization in asphalt recycling and cold mix technology are the major factor propelling the growth of bitumen market all across the globe. Global bitumen market size is expected to reach USD 110 billion by 2024. Bitumen/Asphalt is the 110 million metric ton (as of 2017) industry owing to the need for maintenance on the massive regional network of roads and highways.On the basis of application, waterproofing applications was valued at over USD 8.78 billion in 2016. On the basis of product, paving bitumen market is forecast to witness gains more than 2.25% CAGR over the estimated period.Geographically, Middle East and Africa bitumen market is anticipated to show remarkable volume gains with CAGR of 2.2% from 2016 to 2024 as a consequence of growing construction sector predominately in UAE and Qatar coupled with rising infrastructure activities in the region.
Request for TOC@ https://www.goldsteinresearch.com/toc-request/bitumen-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024

Market Segmentation
• By Grades
o Hard Grade
o Soft Grade
o Polymer Modified Bitumen (PMB)
• By Product
o Paving grade bitumen
o Oxidized bitumen
o Cutback bitumen
o Bitumen emulsion
o Polymer Modified Bitumen (PMB)
o Others (including bitumen formed due to addition of zinc, copper, etc.)
• By Application
o Roadways
o Waterproofing
o Adhesives
o Insulation
o Others
• By Geography
o North America (US, Canada)
o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe)
o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa)
o Latin America (Brazil, Mexico and Rest of Latin America)
o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific)
o Rest of the World

“Global Bitumen Market Outlook 2024” contains detailed overview of the global bitumen market in terms of market segmentation by grade, product and application.

Further, for the in-depth analysis, bitumen market report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis.

Global bitumen market report also provides competitive outlook forsome of the major players which includes profiling of companies such as British Petroleum, Total S.A., Chevron Texaco Corporation, China Petroleum and Chemical Corporation, Indian Oil Corporation, Royal Dutch Shell Plc., JX Nippon Oil & Energy Corporation, PetroleosMexicanos, Bouygues S.A., NuStar Energy, Villas Austria GmbH, Marathon Oil Corporation, Exxon Mobil Corporation and Nynas AB,etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents comprehensive synopsis on the global bitumen market trends that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
Send Us Sample Request@ https://www.goldsteinresearch.com/request-sample/bitumen-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024

About Goldstein Research
Goldstein Research is a leading market research and advisory firm based in US, currently we have a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts.Backed up by reliable research and impactful statistics, our business solutions empower our clients to grow at a fast pace despite unsettling fluctuations in the market. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

Browse full market report@ https://www.goldsteinresearch.com/report/bitumen-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024

Contact for more Info:
Mark Twain
(Global Sales Head)
USA: + 1-646-568-7747
Canada: 1-437-886-1181
UK: +44-203-318-6627
[email protected]
www.goldsteinresearch.com