Relatório de análise do tamanho, quota e tendências do mercado de betume da Arábia Saudita – Visão geral do setor e previsão para 2031

Análise do mercado de betume

O mercado de betume da Arábia Saudita é impulsionado por projetos de construção e infraestruturas em expansão, alimentados pela Visão 2030. O aumento da procura de asfalto de alta qualidade e os investimentos governamentais melhoram o crescimento do mercado, enquanto práticas sustentáveis ​​e materiais alternativos colocam desafios emergentes para o desenvolvimento futuro. Algumas das principais restrições que podem ter um impacto negativo no crescimento do mercado são a forte concorrência de materiais alternativos e as flutuações e volatilidade nos preços do crude. 

Tamanho do mercado de betume

O mercado de betume da Arábia Saudita deverá atingir os 6,47 mil milhões de dólares até 2031, contra 4,61Milbmilhãoem 2023, crescendo com um CAGR substancial de 4,4% no período de previsão de 2024 a 2031. Para além dos insights sobre os cenários de mercado, como o valor de mercado, a taxa de crescimento, a segmentação, a cobertura geográfica e os grandes players, os relatórios de mercado com curadoria de a pesquisa de mercado da Data Bridge também inclui análise de importação e exportação, visão geral da capacidade de produção, análise de consumo de produção, análise de tendências de preços, cenário de alterações climáticas, análise da cadeia de abastecimento, análise da cadeia de valor, visão geral das matérias-primas/consumíveis, critérios de seleção de fornecedores, análise PESTLE, análise de Porter e quadro regulamentar.

Tendências do mercado do betume

“Rápido desenvolvimento de infraestruturas na Arábia Saudita”

O rápido desenvolvimento das infra-estruturas na Arábia Saudita é um factor-chave para o mercado do betume, influenciando significativamente a procura e o crescimento do sector. No âmbito da sua iniciativa Visão 2030, o governo saudita comprometeu-se a diversificar a economia e a investir fortemente em projectos de infra-estruturas, incluindo estradas, pontes, aeroportos e desenvolvimentos urbanos. Esta estratégia abrangente visa melhorar a conectividade, estimular o crescimento económico e melhorar a qualidade de vida dos cidadãos. A construção de extensas redes rodoviárias é particularmente crítica. Com vastas paisagens desérticas e centros urbanos em crescimento, as infra-estruturas de transporte eficientes são essenciais para facilitar o comércio e a mobilidade. O betume, material fundamental utilizado na produção de asfalto, é necessário para a construção e manutenção de estradas. À medida que o governo implementa projectos ambiciosos, prevê-se que a procura de betume aumente substancialmente.

Além disso, o foco do governo no desenvolvimento sustentável levou a inovações no sector do betume. Com uma ênfase crescente nas práticas amigas do ambiente, o mercado está a assistir a uma mudança para produtos de betume modificados e reciclados. Esta tendência está alinhada com os objetivos globais de sustentabilidade e posiciona a Arábia Saudita como um player com visão de futuro na indústria do betume.

Âmbito do relatório e segmentação do mercado      de betume

Bitumen Market Definition

Bitumen is a viscous, black, and sticky substance derived from the distillation of crude oil or found naturally in tar pits. It is primarily composed of hydrocarbons and is commonly used as a binder in road construction and roofing materials. Bitumen acts as a waterproofing and adhesive agent, making it ideal for creating asphalt mixtures that form durable, flexible pavements. In road construction, bitumen is mixed with aggregates to form asphalt, which provides weather resistance, flexibility, and durability for highways and streets. In addition, bitumen is used in roofing products such as shingles and waterproofing membranes due to its ability to resist water and environmental degradation.

Bitumen Market Dynamics

Drivers  

• Fast expanding road and highway infrastructure

The fast-expanding road and highway infrastructure in Saudi Arabia plays a pivotal role in driving the demand for bitumen, a crucial material for road construction and maintenance. The Kingdom has embarked on an ambitious infrastructure development plan aimed at modernizing and expanding its transportation network, which includes new highways, roads, and urban projects. This initiative is aligned with the Saudi Vision 2030 framework, which seeks to diversify the economy and improve the quality of life for its citizens. The Saudi government has significantly increased its investment in infrastructure projects, including the construction of new roads and the expansion of existing ones. Major projects like the Riyadh Metro and various expressways are expected to boost the demand for high-quality bitumen for paving and maintenance. As these projects progress, the need for bitumen will continue to rise.

The bitumen market in Saudi Arabia is also witnessing innovations in production and application techniques. The introduction of modified bitumen and warm mix asphalt technology improves performance and sustainability. These advancements align with the growing emphasis on eco-friendly construction practices, further driving the market. The Saudi government has implemented various initiatives to streamline and expedite infrastructure projects. The establishment of specialized agencies and partnerships with private sector companies aims to enhance project delivery and quality, ensuring that the supply of bitumen meets the rising demand efficiently.

For instance,

In August 2024, according to an article published by RCRC.gov.sa, the Royal Commission for Riyadh City has launched the first phase of its main and ring road development program, awarding four major projects with a combined budget exceeding SAR 13 billion. This initiative aims to enhance Riyadh’s transportation network, aligning with Vision 2030 goals. Key projects include the Second Southern Ring Road, two new bridges alongside the Wadi Laban suspension bridge, the western section of the Thumama Road Axis, and the extension of Taif Road to Qiddiya. Completion is expected within three to four years, improving traffic flow and connectivity across the city.

• Rising Demand for Bitumen as an Additive Across Solvents and Paints Industry

The rising demand for bitumen as an additive in the solvents and paints industry is becoming a significant driver for the Saudi Arabia bitumen market. Bitumen is known for its adhesive and waterproofing properties and is increasingly being recognized for its versatility beyond traditional uses in road construction. This shift in application is opening up new avenues for growth within the bitumen sector.

Moreover, the growing awareness of sustainable construction practices is pushing manufacturers to seek environmentally friendly materials. Bitumen can be modified to create eco-friendly products that align with global sustainability trends. This has led to innovations in the production of water-based paints and coatings that incorporate bitumen, appealing to environmentally conscious consumers and industries. Moreover, increasing focus on infrastructure maintenance and rehabilitation projects in Saudi Arabia has amplified the need for bitumen-based products. As existing structures require protective coatings to prevent deterioration, the role of bitumen as an additive becomes even more crucial.

For instance,

In March 2024, according to an article published by Petronaft, the environmental impact and safety of bitumen emulsions hinge on their ionic nature. Cationic emulsions, with their positive charge, generally exhibit better adhesion to various surfaces, making them versatile but potentially more hazardous to aquatic life. In contrast, anionic emulsions are considered more eco-friendly, being less toxic and safer for the environment. Manufacturers must assess the ecological implications of their chosen emulsion, balancing performance needs with sustainability. Understanding these factors is essential for developing safe, effective bitumen paints while minimizing environmental harm.

Opportunities

• Rising Demand of Recycled Bitumen

The rising demand for recycled bitumen presents a significant opportunity for the Saudi Arabia bitumen market, driven by the global shift towards sustainable construction practices. Bitumen, a key component in road construction and roofing, traditionally involves high levels of energy consumption and resource extraction. However, with increasing environmental awareness and governmental regulations, the trend is shifting toward eco-friendly materials such as recycled bitumen, which is obtained from reclaimed asphalt or other sources. This shift creates a favorable landscape for the Saudi bitumen industry, offering potential for growth, innovation, and enhanced market competitiveness.

Moreover, recycled bitumen offers significant cost savings compared to conventional bitumen production, which involves crude oil refining. Since recycled bitumen reuses existing materials, it reduces production costs and provides an economically viable option for construction companies in Saudi Arabia. With infrastructure development being a key focus in the region, particularly in expanding road networks and urbanization projects, the demand for cost-efficient materials is on the rise. The ability to provide sustainable and affordable bitumen products will give companies a competitive edge in the market.

For instance,

In October 2023, according to an article published by PetroNaft Co, bitumen recycling has become a pivotal force in modern infrastructure development. As urban expansion continues and road maintenance demands surge, recycled bitumen has emerged as a sustainable and efficient alternative. Offering durability and high performance, it often matches or exceeds the quality of new bitumen. This approach not only supports the circular economy by repurposing waste materials but also aligns with global sustainability goals. As infrastructure evolves, bitumen recycling stands out as a vital solution, driving greener and more resource-efficient road construction practices for the robotics.

• Technological Advancements and Innovations in Production Techniques and Formulations of Bitumen

Technological advancements and innovations in the production techniques and formulations of bitumen are transforming the construction industry, creating significant opportunities for the Saudi Arabia bitumen market. With the Kingdom’s strong focus on infrastructure development, the integration of modern technologies into bitumen production will play a critical role in enhancing the quality, sustainability, and cost-efficiency of construction projects. These innovations are set to provide competitive advantages to local bitumen manufacturers and support the country's ambitious urbanization goals.

One of the key benefits of recent advancements in bitumen technology is the improvement in durability and performance. Modified bitumen formulations, such as Polymer-Modified Bitumen (PMB), offer enhanced resistance to extreme weather conditions, which is crucial in Saudi Arabia’s harsh desert environment. Innovations in bitumen production now allow the addition of performance-enhancing polymers and additives, making the material more flexible and resistant to cracking, rutting, and thermal stress. This advancement offers a strong opportunity for Saudi bitumen producers to supply high-quality materials that meet the specific needs of local infrastructure projects, such as the construction of roads, airports, and urban development projects in cities like Riyadh and Jeddah.

For instance,

In November 2023, according to an article published by PetroNaft Co., PMB enhanced road durability and flexibility, allowing it to withstand extreme temperatures and heavy traffic without cracking. It also boasts superior resistance to water damage, reducing the risk of rutting and potholes while improving skid resistance for safer driving conditions. In addition, PMB's stability under heavy loads and its ability to perform across a wider temperature range ensures consistent road quality. Though initially more expensive, its long-term cost-effectiveness and sustainability make PMB a valuable choice for modern

Restraints/Challenges

• Increasing Regulations Regarding Environmental Impact and Emissions from Construction Activities

The Saudi Arabia bitumen market faces significant challenges stemming from increasing regulations related to environmental impact and emissions from construction activities. As the Kingdom strives to diversify its economy and align with global sustainability goals, regulatory frameworks are becoming more stringent. While these regulations aim to protect the environment and public health, they present complex challenges for bitumen producers and the construction industry.

In recent years, the Saudi government has recognized the pressing need to address environmental concerns associated with construction activities. This recognition is evident in the launch of the Saudi Green Initiative, which aims to reduce carbon emissions and promote sustainable practices across various sectors, including construction. As a result, the bitumen market faces heightened scrutiny regarding the environmental impact of its products. Producers are required to adopt environmentally friendly practices, which can necessitate significant investments in new technologies, processes, and compliance measures.

For instance,

In October 2024, according to an article published by Elsevier B.V., the Saudi Green Initiative, launched in 2021, aims to reduce carbon emissions and promote environmental sustainability across the Kingdom. This initiative places pressure on the construction industry, including the bitumen market, to comply with stricter environmental standards.

• Lack of Skilled Labor in the Construction and Bitumen Production Sectors

The Saudi Arabia bitumen market is witnessing rapid growth driven by increasing infrastructure projects and a burgeoning construction sector. However, a significant challenge hindering this progress is the lack of skilled labor in both the construction and bitumen production sectors. As the demand for high-quality bitumen products rises, the shortage of trained professionals poses critical obstacles that can affect operational efficiency, product quality, and overall market competitiveness.

The construction industry in Saudi Arabia is expanding at an unprecedented pace, with numerous mega-projects such as the NEOM City and Red Sea Project underway. These ambitious initiatives require a workforce that possesses specialized skills in various areas, including bitumen production and application. However, the current labor market faces a deficit of skilled workers, particularly in technical roles related to asphalt production, road construction, and quality control. This shortage can lead to project delays, increased costs, and compromised quality in construction practices.

A lack of skilled labor can severely impact the quality of bitumen products and the safety of construction practices. Skilled professionals are essential for managing complex production processes, ensuring adherence to industry standards, and implementing quality control measures. Inexperienced workers may not have the expertise to operate advanced production equipment or apply best practices in bitumen handling and installation. Consequently, this can lead to the production of substandard bitumen, which may not meet the required specifications, ultimately affecting the longevity and performance of infrastructure projects.

For instance,

In July 2024, according to an article written by Hawas Bajawi, founder and chairman of Last Deal Company, the construction sector in Saudi Arabia faced significant challenges due to a shortage of skilled labor. Despite ongoing efforts to reduce reliance on foreign workers, the industry continues to depend heavily on expatriates to fulfill the demands of construction projects. This lack of qualified and skilled Saudi nationals represents a substantial barrier to the sector's growth and long-term sustainability.

Este relatório de mercado fornece detalhes dos novos desenvolvimentos recentes, regulamentos comerciais, análise de importação-exportação, análise de produção, otimização da cadeia de valor, quota de mercado, impacto dos participantes do mercado doméstico e localizado, analisa as oportunidades em termos de bolsas de receitas emergentes, alterações nas regulamentações do mercado, análise estratégica do crescimento do mercado, tamanho do mercado, crescimento do mercado da categoria, nichos de aplicação e domínio, aprovações de produtos, lançamentos de produtos, expansões geográficas, inovações tecnológicas no mercado. Para mais informações sobre o mercado, contacte a Data Bridge Market Research para obter um resumo do analista, a nossa equipa irá ajudá-lo a tomar uma decisão de mercado informada para alcançar o crescimento do mercado.

Impacto e cenário atual do mercado de escassez de matérias-primas e atrasos no envio

A Data Bridge Market Research oferece uma análise de alto nível do mercado e fornece informações, tendo em conta o impacto e o ambiente de mercado atual da escassez de matéria-prima e dos atrasos no envio. Isto traduz-se na avaliação de possibilidades estratégicas, na criação de planos de ação eficazes e na assistência às empresas na tomada de decisões importantes.

Além do relatório padrão, também oferecemos análise aprofundada do nível de aquisição, desde atrasos previstos no envio, mapeamento de distribuidores por região, análise de commodities, análise de produção, tendências de mapeamento de preços, sourcing, análise de desempenho de categoria, soluções de gestão de risco da cadeia de abastecimento, soluções avançadas de benchmarking e outros serviços para compras e apoio estratégico.

Impacto esperado da desaceleração económica nos preços e na disponibilidade dos produtos

Quando a actividade económica abranda, as indústrias começam a sofrer. Os efeitos previstos da recessão económica nos preços e na acessibilidade dos produtos são tidos em conta nos relatórios de visão de mercado e nos serviços de inteligência fornecidos pela DBMR. Com isto, os nossos clientes conseguem normalmente manter-se um passo à frente dos seus concorrentes, projetar as suas vendas e receitas e estimar os seus gastos com lucros e perdas.

Âmbito do mercado de betume

O mercado está segmentado com base no produto, grau, forma, categoria, método de processamento, tipo de embalagem, composição e aplicação. O crescimento entre estes segmentos irá ajudá-lo a analisar os escassos segmentos de crescimento nas indústrias e fornecer aos utilizadores uma valiosa visão geral do mercado e insights de mercado para os ajudar a tomar decisões estratégicas para identificar as principais aplicações do mercado.

Produto

• Betume penetrado/duro/betume de pavimento
• Betume Modificado com Polímero
• Betume de redução
  • Betume de redução, por produto
    • Classes de cura lenta
    • Classes de cura rápida
    • Classes de cura média
• Emulsão Betume
• Betume oxidado
• Betume Misturado Especial
• Outros

Nível

• 60/70
• 50/70
• 70/100
• 80/100
• 160/220
• Outros

Forma

• Semi-Sólido
• Líquido

Categoria

• Regular
• Prémio

Método de processamento

• Procedimento de sopro contínuo
• Procedimento de sopro descontínuo

Tipo de embalagem

• Saco plástico derretível
• Tambor
• Caixa de cartão
• Bolsa artesanal
• Barril
• Palete de caixa
• Outros

Composição

• Hidrocarbonetos Saturados
• Nafteno Aromáticos
• Aromáticos Polares
• Asfaltenos

Aplicação

• Estradas
  • As rodovias, por aplicação
    • Rodovias
    • Local Roads
    • Airfield/Airport Runways
    • Bridges
    • Tunnels
    • Ports
    • Racetrack
    • Footways and Pedestrian Ways
    • Car Parks
    • Tennis Courts
    • Others
• Waterproofing [Roofing]
  • Waterproofing [Roofing], By Application
    • Damp Proofing
    • Dams
    • Reservoir and Pool Linings
    • Building Water Proofing
    • Soundproofing
    • Tile Underlying Waterproofing
• Adhesive (Thermal Insulation)
• Paints
• Sealing
  • Sealing, By Application
    • Expansion Joints
    • Joints or Cracks
• Pipe Coatings
• Mastics
  • Mastics, By Application
    • Factories
    • Godowns  
• Ceramics
• Electricals
  • Electricals, By Application
    • Electrical Cable
    • Capacitors
    • Junction Box
    • Battery (Sealing Compound)
• Newspaper Ink Production
• Others

Bitumen Market Share

The market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.

Bitumen Market Leaders Operating in the Market Are:

• Saudi Arabian Oil Co. (Saudi Arabia)
• Shell plc (U.K.)
• Exxon Mobil Corporation (U.S.)
• TotalEnergies (France)
• Repsol (Spain)
• Bitumat Company Limited (Saudi Arabia)
• Al Majwal Group (Saudi Arabia)
• SaudiBitumen (Saudi Arabia)
• RAHABitumen Inc. (U.A.E.)
• Reda National (Saudi Arabia)

Latest Developments in Bitumen Market

• In September 2024, Aramco and China National Building Material Group have announced a strategic collaboration aimed at enhancing sustainable construction solutions. This partnership focuses on innovative technologies and materials to promote efficient building practices
• In October 2020, TotalEnergies launched a Digital Portal for Bitumen Customers, enhancing user experience by providing easy access to order management, shipment tracking, and technical support. This platform streamlines operations, improving efficiency and customer satisfaction, while empowering clients to make informed decisions. Ultimately, it strengthens TotalEnergies' market position by fostering closer relationships with its customers
• In October 2020, Repsol become the first European manufacturer to receive Environmental Product Declarations (EPDs) for its bituminous binders. This certification demonstrates the company’s commitment to sustainability and transparency in its production processes. By obtaining EPDs, Repsol is enhancing its reputation in the asphalt industry while providing customers with verified environmental impact information
• In November 2023, SaudiBitumen highlighted their vision at the Big 5 Dubai event to expand operations by constructing new factories aimed at increasing production capacity. Their focus is on leading the bitumen manufacturing industry in Saudi Arabia and beyond
• Em julho de 2024, a Aramco irá adquirir uma participação de 50% na Qudra Blue Hydrogen Industrial Gases Company à Air Products. Este investimento estratégico visa promover a produção de hidrogénio e apoiar iniciativas de energia sustentável na região

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