Bitumen Market Analysis and Segment Forecasts to 2020: Radiant Insights The global market for bitumen is expected to reach USD 95.77 billion by 2020. Bitumen is primarily used in road construction activities and increased road development in high growth markets of India, China and Brazil is expected to be a key driver for the growth of the market. Roadway constructions were the major consumers of bitumen in 2013, accounting for over 80 million tons of global consumption. Other key applications include waterproofing, insulation and adhesives. Water proofing is expected to be the fastest growing application market for bitumen, at an estimated CAGR of 2.9% on volume basis, primarily on account of improved Polymer Modified Bitumen (PMB) quality in water resistance. Environmental issues associated with the extraction of bitumen from oil sands are expected to remain a key challenge for the growth of the market in the near future. To Download Sample Copy of This Report, Visit here: http://www.radiantinsights.com/research/bitumen-market-analysis-and-segment-forecaststo-2020 Further key findings from the study suggest:
Global bitumen consumption is expected to reach 135.07 million tons by 2020, growing at a CAGR of 2.7% from 2014 to 2020. The improvement in technology with regards to transportation war mix asphalt from Canada is expected to present market participants with growth opportunities over the next six years. North America was the largest regional market for bitumen; with demand estimated at over USD 21.0 billion in 2013 and is expected to remain the leader over the next six years. The region is expected to be a key market, owing to the vast network of roads in the regions coupled with the implementation of MAP - 21 (Moving Ahead for Progress in 21st Century Act) which funds road development program for the U.S. over the next two years. China and Asia Pacific are expected to outpace North America in terms of growth on account of the rapid infrastructure development in India, South Korea and China. The governments of these countries have special focus on road construction activities in their current five year plans, with the Chinese construction spending expected to grow at a CAGR of nearly 4.0% from 2014 to 2020. The global bitumen market is fragmented with the top four companies accounting for less than 25% of the global market share. This is largely due to the logistic issues associated with bitumen making the presence of large number of domestic manufacturers inevitable.
For the purpose of this study, Grand View Research has segmented the global bitumen market on the basis of application, product and region: Bitumen Application Outlook (Volume, Million tons; Revenue, USD Billion, 2012 - 2020)
Roadways Adhesives Waterproofing Insulation Others
Bitumen Regional Outlook (Volume, Million tons; Revenue, USD Billion, 2012 - 2020)
North America Europe China Asia Pacific (excluding China) RoW
To Download Sample Copy of This Report, Visit here: http://www.radiantinsights.com/research/bitumen-market-analysis-and-segment-forecaststo-2020 Table of Contents Chapter 1 Executive Summary 1.1 Bitumen - Industry Summary & Critical Success Factors (CSFs) Chapter 2 Bitumen Industry Outlook 2.1 Market Segmentation 2.2 Market Size and Growth Prospects 2.3 Bitumen Value Chain Analysis 2.4 Bitumen Market Dynamics 2.4.1 Market driver analysis 2.4.1.1 Increasing infrastructural activities 2.4.1.2 Increasing applications of polymer modified bitumen (PMB)
2.4.2 Market restraint analysis 2.4.2.1 Environmental concerns regarding bitumen extraction 2.5 Key Opportunities Prioritized 2.6 Industry Analysis - Porter's 2.7 Bitumen - Company Market Share Analysis 2.8 Bitumen - PESTEL Analysis To Download Sample Copy of This Report, Visit here: http://www.radiantinsights.com/research/bitumen-market-analysis-and-segment-forecaststo-2020 Chapter 3 Bitumen Application Outlook 3.1 Roadways 3.1.1 Bitumen market volume and revenue in roadways, 2012 - 2020 (Million Tons) (USD Billion) 3.2 Waterproofing (Roofing) 3.2.1 Bitumen market volume and revenue in waterproofing, 2012 - 2020 (Million Tons) (USD Billion) 3.3 Adhesives 3.3.1 Bitumen market volume and revenue in adhesives, 2012 - 2020 (Million Tons) (USD Billion) 3.4 Insulation 3.4.1 Bitumen market volume and revenue in insulation, 2012 - 2020 (Million Tons) (USD Billion) 3.5 Others 3.5.1 Bitumen market volume and revenue in other application, 2012 - 2020 (Million Tons) (USD Billion)
Chapter 4 Bitumen Regional Outlook 4.1 North America 4.1.1 Bitumen market volume and revenue, 2012 - 2020, (Kilo Tons) (USD Million) 4.1.2 Bitumen market volume and revenue, by application, 2012 - 2020, (Kilo Tons) (USD Million) 4.2 Europe 4.2.1 Bitumen market volume and revenue, 2012 - 2020, (Kilo Tons) (USD Million) 4.2.2 Bitumen market volume and revenue, by application, 2012 - 2020, (Kilo Tons) (USD Million) To Download Sample Copy of This Report, Visit here: http://www.radiantinsights.com/research/bitumen-market-analysis-and-segment-forecaststo-2020 4.3 China 4.3.1 Bitumen market volume and revenue, 2012 - 2020, (Kilo Tons) (USD Million) 4.3.2 Bitumen market volume and revenue, by application, 2012 - 2020, (Kilo Tons) (USD Million) 4.4 Asia Pacific (excluding China) 4.4.1 Bitumen market volume and revenue, 2012 - 2020, (Kilo Tons) (USD Million) 4.4.2 Bitumen market volume and revenue, by application, 2012 - 2020, 4.5 RoW 4.5.1 Bitumen market volume and revenue, 2012 - 2020, (Kilo Tons) (USD Million) 4.5.2 Bitumen market volume and revenue, by application, 2012 - 2020, (Kilo Tons) (USD Million)
Chapter 5 Bitumen Competitive Landscape 5.1 Shell Bitumen 5.1.1 Company Overview 5.1.2 Financial Performance 5.1.3 Product Benchmarking 5.1.4 Strategic Initiatives 5.2 NuStar Energy 5.2.1 Company Overview 5.2.2 Financial Performance 5.2.3 Product Benchmarking 5.2.4 Strategic Initiatives To Download Sample Copy of This Report, Visit here: http://www.radiantinsights.com/research/bitumen-market-analysis-and-segment-forecaststo-2020 5.3 Exxon Mobil 5.3.1 Company Overview 5.3.2 Financial Performance 5.3.3 Product Benchmarking 5.3.4 Strategic Initiatives 5.4 Marathon Oil Corporation 5.4.1 Company Overview 5.4.2 Financial Performance 5.4.3 Product Benchmarking 5.4.4 Strategic Initiatives
5.5 Valero Energy Corporation 5.5.1 Company Overview 5.5.2 Financial Performance 5.5.3 Product Benchmarking 5.5.4 Strategic Initiatives 5.6 Nynas AB 5.6.1 Company Overview 5.6.2 Financial Performance 5.6.3 Product Benchmarking 5.6.4 Strategic Initiatives To Download Sample Copy of This Report, Visit here: http://www.radiantinsights.com/research/bitumen-market-analysis-and-segment-forecaststo-2020 5.7 Petroleos Mexicanos (PEMEX) 5.7.1 Company Overview 5.7.2 Financial Performance 5.7.3 Product Benchmarking 5.7.4 Strategic Initiatives 5.8 Indian Oil Corporation 5.8.1 Company Overview 5.8.2 Financial Performance 5.8.3 Product Benchmarking 5.8.4 Strategic Initiatives
5.9 Chevron Texaco Corporation 5.9.1 Company Overview 5.9.2 Financial Performance 5.9.3 Product Benchmarking 5.9.4 Strategic Initiatives 5.10 Villas Austria GmbH 5.10.1 Company Overview 5.10.2 Financial Performance 5.10.3 Product Benchmarking 5.10.4 Strategic Initiatives To Download Sample Copy of This Report, Visit here: http://www.radiantinsights.com/research/bitumen-market-analysis-and-segment-forecaststo-2020 5.11 Nippon Oil Corporation 5.11.1 Company Overview 5.11.2 Financial Performance 5.11.3 Product Benchmarking 5.11.4 Strategic Initiatives 5.12 Sinopec 5.12.1 Company Overview 5.12.2 Financial Performance 5.12.3 Product Benchmarking 5.12.4 Strategic Initiatives
Chapter 6 Methodology and Scope 6.1 Research Methodology 6.2 Research Scope & Assumption 6.3 List of Data Sources About Radiant Insights Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions. Contact: Michelle Thoras Corporate Sales Specialist, USA Radiant Insights, Inc Phone: 1-415-349-0054 Toll Free: 1-888-202-9519 Email: sales@radiantinsights.com Company: Radiant Insights Blog: http://rimarketresearchandreports.blogspot.in/