Relatório global de análise do tamanho, quota e tendências do mercado de betume oxidado – Visão geral do setor e previsão para 2031

Análise do mercado de betume oxidado

O mercado do betume oxidado está a registar um crescimento significativo, impulsionado pelas suas extensas aplicações em diversos setores, como a construção, coberturas e impermeabilização. O sector da construção, em particular, desempenha um papel fundamental nesta expansão. Além disso, o crescimento das actividades de infra-estruturas, incluindo o desenvolvimento de novas estradas, pontes e edifícios, cria uma procura robusta de betume oxidado. Uma vez que estes projetos requerem frequentemente materiais com características de desempenho melhoradas, a necessidade de soluções betuminosas de elevada qualidade torna-se cada vez mais importante. O sector de infra-estruturas em expansão alimenta a procura actual e também estimula a inovação e melhorias no mercado.

Tamanho do mercado de betume oxidado

O tamanho global do mercado de betume oxidado foi avaliado em 23,96 mil milhões de dólares em 2023 e deverá atingir os 34,07 mil milhões de dólares até 2031, com um CAGR de 4,5% durante o período de previsão de 2024 a 2031. Além dos insights sobre cenários de mercado, como o valor do mercado, a taxa de crescimento, a segmentação, a cobertura geográfica e os grandes players, os relatórios de mercado com curadoria da Data Bridge Market Research incluem também análises especializadas aprofundadas, produção e capacidade da empresa representada geograficamente, layouts de rede de distribuidores e parceiros, análise detalhada e atualizada das tendências de preços e análise do défice da cadeia de abastecimento e da procura.

Âmbito do relatório e segmentação de mercado

Definição de mercado de betume oxidado

Oxidized bitumen, also known as blown bitumen, is a type of bitumen that has been treated with air to improve its properties. The oxidation process involves blowing air through the bitumen at high temperatures, which increases its softening point and decreases its penetration rate. This results in a material with enhanced stability, durability, and resistance to high temperatures and aging.

Oxidized Bitumen Market Dynamics

Drivers         

• Enhanced Performance and Reliability of Oxidized Bitumen 

Enhanced stability, durability, and resistance to high temperatures and aging make oxidized bitumen a preferred choice in various applications. The oxidation process improves the physical and chemical properties of bitumen, making it more suitable for demanding environments. This results in a longer lifespan and reduced maintenance costs for structures and surfaces that use oxidized bitumen. Its ability to withstand extreme weather conditions and mechanical stress makes it a reliable material for roofing, paving, and industrial uses. The improved performance characteristics of oxidized bitumen are driving its adoption across different sectors, contributing to market growth.

• Growth in the Construction Industry    

The rising need for residential, commercial, and industrial construction is significantly boosting the oxidized bitumen market. As urban populations continue to grow, the demand for new housing developments, office spaces, and industrial facilities is escalating. This surge in construction activities drives the consumption of oxidized bitumen, which is widely used in roofing, waterproofing, and road construction. For instance, according to data from the National Investment Promotion and Facilitation Agency, India has earmarked a budget of USD 1.4 trillion for infrastructure for FY 2024. Of this total, 24% is designated for renewable energy, 18% for roads and highways, 17% for urban infrastructure, and 12% for railways. Consequently, the growth of the construction industry directly translates to increased demand for oxidised bitumen, fueling market expansion.

Opportunities 

• Innovations in Production Technologies

Continuous advancements in production technologies can lead to the creation of high-performance and cost-effective oxidized bitumen products. Innovations such as improved oxidation processes, the use of additives, and enhanced production techniques can result in superior quality bitumen with better performance characteristics. These technological developments enable manufacturers to produce bitumen that meets specific industry requirements, such as higher temperature resistance and improved durability. By leveraging cutting-edge technologies, companies can also reduce production costs, making oxidized bitumen more competitive in the market. This ongoing innovation is expected to create new opportunities for market growth by providing better products and expanding their applications.   

• Rising Demand for Eco-Friendly Construction Solutions

The increasing emphasis on sustainable and eco-friendly construction practices presents a significant opportunity for the oxidized bitumen market. As environmental regulations tighten and consumers become more environmentally conscious, there is a growing demand for construction materials that minimize ecological impact. Oxidized bitumen, with advancements in sustainable production methods and the development of greener formulations, can meet these demands. By aligning with eco-friendly trends and offering products that support green building practices, the oxidized bitumen market can attract new customers and expand its market share.   

Restraints/Challenges

• Fluctuating Crude Oil Prices

Volatility in crude oil prices can significantly affect the cost of production and, consequently, the price of oxidized bitumen. As a petroleum-derived product, the cost of bitumen is closely linked to the price of crude oil. Sudden changes in crude oil prices can lead to fluctuations in bitumen prices, impacting the overall market stability. Manufacturers and consumers alike face challenges in planning and budgeting due to these price variations. This uncertainty can hinder market growth, as high production costs may reduce profit margins and lead to higher prices for end-users.

• Availability of Substitutes      

The presence of alternative materials with similar properties can pose a significant challenge to the expansion of the oxidized bitumen market. Various substitutes, such as polymer-modified bitumen, synthetic materials, and other advanced coatings, offer comparable benefits in terms of durability, temperature resistance, and performance. These alternatives may come with enhanced features or cost advantages that can attract customers away from traditional oxidized bitumen. As these substitutes gain traction in the market, they can create competitive pressure, potentially limiting the growth opportunities for oxidized bitumen and necessitating innovation and adaptation from manufacturers to maintain market share.

This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Oxidized Bitumen Market Scope

The market is segmented into two notable segments based on product and application. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

• Grade 95/25
• Grade 85/25
• Grade 90/40
• Grade 115/15
• Other

Application

• Paints
• Cement
• Pipe
• Coatings
• Metal
• Primers
• Other

Oxidized Bitumen Market Regional Analysis

The market is analyzed and market size insights and trends are provided by country, product, and application as referenced above.

The countries covered in the market report are U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, rest of Middle East and Africa, Brazil, Argentina, and rest of South America.

North America is expected to dominate the market due to growth in the construction industry. In addition, the presence of major key players is expected to further boost market growth in the region during the forecast period.      

Asia-Pacific is expected to be the fastest growing due to the increasing need to rebuild existing infrastructure such as bridges, highways, and buildings. Furthermore, the expansion of the construction sector and infrastructure activities is expected to drive market growth.

A secção do país do relatório também fornece fatores individuais de impacto no mercado e alterações na regulamentação do mercado que impactam as tendências atuais e futuras do mercado. Pontos de dados como a análise da cadeia de valor a jusante e a montante, tendências técnicas e análise das cinco forças de Porter, estudos de caso são alguns dos indicadores utilizados para prever o cenário de mercado para países individuais. Além disso, são considerados a presença e disponibilidade de marcas globais e os desafios enfrentados devido à grande ou escassa concorrência de marcas locais e nacionais, o impacto das tarifas nacionais e das rotas comerciais, ao mesmo tempo que se fornece uma análise de previsão dos dados do país.   

Participação no mercado de betume oxidado

O cenário competitivo do mercado fornece detalhes por concorrente. Os detalhes incluídos são a visão geral da empresa, finanças da empresa, receitas geradas, potencial de mercado, investimento em investigação e desenvolvimento, novas iniciativas de mercado, presença global, localizações e instalações de produção, capacidades de produção, pontos fortes e fracos da empresa , lançamento de produto, largura e amplitude do produto, aplicação domínio. Os dados acima fornecidos estão apenas relacionados com o foco das empresas em relação ao mercado.

Alguns dos principais players que operam no mercado são:

• Eagle Petrochem (EUA)
• Rahaoil, Inc. (Irão)
• ATDM CO. LTD (Irão)
• ÁSIA Betume (Singapura)
• Indústrias de alcatrão Tiki (Índia)
• PETRO TAR Co. (Irão)
• SHELL International BV (Holanda)
• bp plc (Reino Unido)
• Exxon Mobil Corporation (EUA)
• Indian Oil Corporation Ltd (Índia)
• Nynas AB (Suécia)
• Corporação Sinopec (China)
• Chevron Corporation (EUA)
• Suncor Energy Inc (Canadá)

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