Global Bitumen Market, By Product (Paving, Oxidized, Cutback, Emulsion, Polymer Modified), Application (Roadways, Waterproofing, Adhesives, Insulation and Others) – Industry Trends and Forecast to 2029
Market Analysis and Size
Bitumen is obtained in the form of the residue from the distillation of crude oil. It was first utilized due to its waterproofing and natural adhesive properties, which helps to bind building materials together and line ship bottoms. This is also used as a medicine. The demand of bitumen is growing for infrastructure due to increasing the population and improving the standard of living which is anticipated to bolster the growth of bitumen market during forecast period.
Data Bridge Market Research analyses that the bitumen market was valued at USD 51.70 billion in 2021 and is expected to reach USD 70.43 billion by 2029, registering a CAGR of 3.94 % during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Report Scope and Market Segmentation
Report Metric |
Details |
Forecast Period |
2022 to 2029 |
Base Year |
2021 |
Historic Years |
2020 (Customizable to 2014 - 2019) |
Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered |
Product (Paving, Oxidized, Cutback, Emulsion, Polymer Modified), Application (Roadways, Waterproofing, Adhesives, Insulation and Others) |
Countries Covered |
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
Market Players Covered |
Valero(US), NuStar Energy L.P (US), Suncor Energy Inc, (Canada), Athabasca Oil Corporation (Canada), Imperial Oil Limited (Canada), Syncrude Canada Ltd. (Canada), Indian Oil Corporation Ltd (India), ENEOS Corporation (Japan), ExxonMobil Coroporation (US), Shell Bitumen (UK), Petróleos Mexicanos (Mexico), Nynas AB (Sweden), Marathon Oil Company (US), Bp p.l.c (UK), Royal Dutch Shell plc (UK), Total Energy (France), Sinopec Corporation (China), Chevron Corporation (US), Bouygues Groups (France), Villas Austria GmbH (Autria), Gazprom- Neft (Russia) |
Market Opportunities |
|
Market Definition
Bitumen is a viscous substance which exists in a liquid to a semi-solid form. It has a blackish-brown color. Bitumen is commonly possessed of asphaltene resin and other petroleum composites. Natural bitumen is a form of petroleum, which is so dense, thick and heavy when this will diluted or heated before it will flow. Bitumen contains sulfur and other heavy metals, such as mercury, chromium, nickel, vanadium, lead, and many other toxic elements. Usually, bitumen finds its many application such as in insulating, road surfacing, waterproofing, sealing, and others.
Bitumen Market Dynamics
Drivers
- Rising the demand of construction
The physical features bitumen’s like hardness, adhesion, resistance to water, ductility, and higher softening point, bitumen is normally used in the building sector for the roofs. Due to this augmented the demand for bitumen overall the globe which are expected to increase the growth of the bitumen market.
- Increase in the use of waterproofing
The nature of bitumen is highly viscous and sticky due to this it is generally used as a waterproofing agent on the roofs of commercial and residential buildings. Bituminous waterproofing is protect the roof from water seepage and leakage. Bitumen is used to protect the roof decks from rain before roofing or installation.
- High demand in road construction
Road construction projects are generating large revenue for companies in the bitumen market. Bitumen is mainly used in road construction due to their several advantages and properties. Bitumen have certain unique properties which are inbuilt in it during its production. As a raw material, the bitumen is used in flexible road construction that generally uses bitumen in road construction.
Opportunities
Bitumen is generally used as a chemical additive in numerous applications for example, black paints and solvents. As a chemical additive, bitumen aids in improving the productivity of coatings and paints and increases the viscosity of waterproofing agents. Chemically-modified bitumen is also used as a candy coated chemical additive in emulsions. When bitumen has mixed with organic amides and amines, bitumen helps to provide better adhesion properties and when it mixed with fly ash and lime it provides smooth and excellent road surfaces. Therefore, these factors are expected to increase the bitumen market during the upcoming years.
Restraints/ Challenges
The decline of oil prices has resulted in decreased supply of raw material which has caused rate volatility and fluctuation in the bitumen market, which will restrain the expansion of industry during forecast period. Due to the long supply chain of bitumen being a robust product to handle. This feature is being challenged as large suppliers which have begun directly selling to the refineries.
Also, manufacturing processes and strict environmental regulations towards uses obstruct the growth of the bitumen market in future years. Petrochemical prices and wavering oil prices during the forecast period can have an effect on the price trends in the bitumen market. However, bio-based bitumen development is analysed to generate new growth opportunities for industry players.
This bitumen 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 bitumen market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Bitumen Market
COVID-19 had an adverse impact on the several market. The construction industry performance is expected to be moderately impacted by the effect on cash flow due to this affected the income of a comparatively broader segment of society, which is anticipated to affect the market analyzed. Declining expenses in the building and road construction sectors resulted in lesser consumption of bitumen in applications such as waterproofing of building roofs and basements, road construction, sealant, filler, and adhesive, which harmed the market bitumen. Central government imposed lockdown which disrupted the supply chain of bitumen, which in turn affected the growth of the market. However, with the slowing removal of the Covid-19 restriction, the market is anticipated to grow at a significant rate.
Global Bitumen Market Scope
The bitumen market is segmented on the basis of products and application. The growth amongst these segments will help you analyze meagre 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
- Paving
- Oxidized
- Cutback
- Emulsion
- Polymer Modified
Application
- Roadways
- Waterproofing
- Adhesives
- Insulation
- Others
Bitumen Market Regional Analysis/Insights
The bitumen market is analysed and market size insights and trends are provided by country, products and application as referenced above.
The countries covered in the bitumen market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the bitumen market in terms of market share during the forecast period. This is due to the increasing demand for bitumen in this region. The Asia-Pacific region leads the bitumen market, with China leading due to the volume growth of constructions in this regions. Due to the ease of high bitumen consumption, China is leading the Asia-Pacific market.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Bitumen Market Share Analysis
The bitumen market competitive landscape provides details by competitor. 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 bitumen market.
Some of the major players operating in the bitumen market are:
- Valero (US)
- NuStar Energy L.P (US)
- Suncor Energy Inc, (Canada)
- Athabasca Oil Corporation (Canada)
- Imperial Oil Limited (Canada)
- Syncrude Canada Ltd. (Canada)
- Indian Oil Corporation Ltd (India)
- ENEOS Corporation (Japan)
- ExxonMobil Coroporation (US)
- Shell Bitumen (UK)
- Petróleos Mexicanos (Mexico)
- Nynas AB (Sweden)
- Marathon Oil Company (US)
- Bp p.l.c (UK)
- Royal Dutch Shell plc (UK)
- Total Energy (France)
- Sinopec Corporation (China)
- Chevron Corporation (US)
- Bouygues Groups (France)
- Villas Austria GmbH (Austria)
- Gazprom- Neft (Russia)
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Table of Content
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 OVERVIEW OF GLOBAL BITUMEN MARKET
1.4 CURRENCY AND PRICING
1.5 LIMITATION
1.6 MARKETS COVERED
2 MARKET SEGMENTATION
2.1 KEY TAKEAWAYS
2.2 ARRIVING AT THE GLOBAL BITUMEN MARKET SIZE
2.3 VENDOR POSITIONING GRID
2.4 MARKETS COVERED
2.5 GEOGRAPHIC SCOPE
2.6 YEARS CONSIDERED FOR THE STUDY
2.7 RESEARCH METHODOLOGY
2.8 TECHNOLOGY LIFE LINE CURVE
2.9 MULTIVARIATE MODELLING
2.1 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS
2.11 DBMR MARKET POSITION GRID
2.12 MARKET APPLICATION COVERAGE GRID
2.13 DBMR MARKET CHALLENGE MATRIX
2.14 SECONDARY SOURCES
2.15 GLOBAL BITUMEN MARKET: RESEARCH SNAPSHOT
2.16 ASSUMPTIONS
3 MARKET OVERVIEW
3.1 DRIVERS
3.2 RESTRAINTS
3.3 OPPORTUNITIES
3.4 CHALLENGES
4 EXECUTIVE SUMMARY
5 PREMIUM INSIGHTS
5.1 RAW MATERIAL COVERAGE
5.2 PRODUCTION CONSUMPTION ANALYSIS
5.3 IMPORT EXPORT SCENARIO
5.4 TECHNOLOGICAL ADVANCEMENT BY MANUFACTURERS
5.5 PORTER’S FIVE FORCES
5.6 VENDOR SELECTION CRITERIA
5.7 PESTEL ANALYSIS
5.8 REGULATION COVERAGE
5.8.1 PRODUCT CODES
5.8.2 CERTIFIED STANDARDS
5.8.3 SAFETY STANDARDS
5.8.3.1. MATERIAL HANDLING & STORAGE
5.8.3.2. TRANSPORT & PRECAUTIONS
5.8.3.3. HARAD IDENTIFICATION
6 PRICE INDEX
7 PRODUCTION CAPACITY OVERVIEW
8 SUPPLY CHAIN ANALYSIS
8.1 OVERVIEW
8.2 LOGISTIC COST SCENARIO
8.3 IMPORTANCE OF LOGISTICS SERVICE PROVIDERS
9 CLIMATE CHANGE SCENARIO
9.1 ENVIRONMENTAL CONCERNS
9.2 INDUSTRY RESPONSE
9.3 GOVERNMENT’S ROLE
9.4 ANALYST RECOMMENDATIONS
10 GLOBAL BITUMEN MARKET, BY PRODUCT , (2020-2029), (USD MILLION) (TONS)
(Value, volume and ASP for each segment will be provided)
10.1 OVERVIEW
10.2 PAVING GRADE BITUMEN
10.2.1 BY GRADE
10.2.1.1. 60/70
10.2.1.2. 80/100
10.2.1.3. 50/70
10.2.1.4. 70/100
10.2.1.5. 160/220
10.2.1.6. OTHERS
10.2.2 ASP (USD)
10.2.3 VALUE (USD MILLION)
10.2.4 VOLUME (TONS)
10.3 OXIDIZED BITUMEN
10.3.1 BY GRADE
10.3.1.1. 60/70
10.3.1.2. 80/100
10.3.1.3. 50/70
10.3.1.4. 70/100
10.3.1.5. 160/220
10.3.1.6. OTHERS
10.4 CUTBACK BITUMEN
10.4.1 SLOW CURING GRADES
10.4.1.1. BY GRADE
10.4.1.1.1. 60/70
10.4.1.1.2. 80/100
10.4.1.1.3. 50/70
10.4.1.1.4. 70/100
10.4.1.1.5. 160/220
10.4.1.1.6. OTHERS
10.4.2 MEDIUM CURING GRADES
10.4.2.1. BY GRADE
10.4.2.1.1. 60/70
10.4.2.1.2. 80/100
10.4.2.1.3. 50/70
10.4.2.1.4. 70/100
10.4.2.1.5. 160/220
10.4.2.1.6. OTHERS
10.4.3 RAPID CURING GRADES
10.4.4 BY GRADE
10.4.4.1. 60/70
10.4.4.2. 80/100
10.4.4.3. 50/70
10.4.4.4. 70/100
10.4.4.5. 160/220
10.4.4.6. OTHERS
10.5 BITUMEN EMULSION
10.5.1 BY GRADE
10.5.1.1. 60/70
10.5.1.2. 80/100
10.5.1.3. 50/70
10.5.1.4. 70/100
10.5.1.5. 160/220
10.5.1.6. OTHERS
10.6 PENETRATED/HARD GRADE BITUMEN
10.6.1 BY GRADE
10.6.1.1. 60/70
10.6.1.2. 80/100
10.6.1.3. 50/70
10.6.1.4. 70/100
10.6.1.5. 160/220
10.6.1.6. OTHERS
10.7 POLYMER MODIFIED BITUMEN
10.7.1 BY GRADE
10.7.1.1. 60/70
10.7.1.2. 80/100
10.7.1.3. 50/70
10.7.1.4. 70/100
10.7.1.5. 160/220
10.7.1.6. OTHERS
10.8 SPECIALTY BLENDED BITUMEN
10.8.1 BY GRADE
10.8.1.1. 60/70
10.8.1.2. 80/100
10.8.1.3. 50/70
10.8.1.4. 70/100
10.8.1.5. 160/220
10.8.1.6. OTHERS
10.9 OTHERS
11 GLOBAL BITUMEN MARKET, BY GRADE, (2020-2029), (USD MILLION)
11.1 OVERVIEW
11.2 60/70
11.3 80/100
11.4 50/70
11.5 70/100
11.6 160/220
11.7 OTHERS
12 GLOBAL BITUMEN MARKET, BY FORM, (2020-2029), (USD MILLION)
12.1 OVERVIEW
12.2 LIQUID
12.3 SEMI-SOLID
13 GLOBAL BITUMEN MARKET, BY CATEGORY, (2020-2029), (USD MILLION)
13.1 OVERVIEW
13.2 REGULAR
13.3 EXTRA
13.4 PREMIUM
14 GLOBAL BITUMEN MARKET, BY PROCESSING METHOD, (2020-2029), (USD MILLION)
14.1 OVERVIEW
14.2 CONTINUOUS BLOWING PROCEDURE
14.3 DISCONTINUOUS BLOWING PROCEDURE
15 GLOBAL BITUMEN MARKET, BY PACKAGING TYPE, (2020-2029), (USD MILLION)
15.1 OVERVIEW
15.2 PLASTIC MELTABLE BAG
15.3 CARTON BOX
15.4 BOX PALLET
15.5 CRAFT BAG
15.6 KEG
15.7 DRUM
15.8 OTHERS
16 GLOBAL BITUMEN MARKET, BY COMPOSITION, (2020-2029), (USD MILLION)
16.1 OVERVIEW
16.2 NAPHTHENE AROMATICS
16.3 POLAR AROMATICS
16.4 SATURATED HYDROCARBONS
16.5 ASPHALTENES
17 GLOBAL BITUMEN MARKET, BY APPLICATION, (2020-2029), (USD MILLION)
17.1 OVERVIEW
17.2 ROADWAYS
17.2.1 RACETRACK
17.2.2 HIGHWAYS
17.2.3 FOOTWAYS AND PEDESTRIAN WAYS
17.2.4 CAR PARKS
17.2.5 TENNIS COURTS
17.2.6 AIRFIELD/AIRPORT RUNWAYS
17.2.7 LOCAL ROADS
17.2.8 BRIDGES
17.2.9 PORTS
17.2.10 TUNNELS
17.2.11 OTHERS
17.3 WATERPROOFING [ROOFING]
17.3.1 DAMP PROOFING
17.3.2 DAMS
17.3.3 RESERVOIR AND POOL LININGS
17.3.4 SOUNDPROOFING
17.3.5 BUILDING WATER PROOFING
17.3.6 TILE UNDERLYING WATERPROOFING
17.4 ADHESIVE
17.4.1 THERMAL INSULATION
17.5 PAINTS
17.5.1 BLACK PAINTS
17.5.2 ANTI CORROSIVE PAINTS
17.6 SEALING
17.6.1 EXPANSION JOINTS
17.6.2 JOINTS OR CRACKS
17.7 MASTICS
17.7.1 FACTORIES
17.7.2 GODOWNS
17.8 PIPE COATINGS
17.9 CERAMICS
17.1 ELECTRICALS
17.10.1 CAPACITORS
17.10.2 ELECTRICAL CABLE
17.10.3 JUNCTION BOX
17.10.4 BATTERY (SEALING COMPOUND)
17.11 NEWSPAPER INK PRODUCTION
17.12 OTHERS
18 GLOBAL BITUMEN MARKET, BY REGION, (2020-2029), (USD MILLION)
18.1 GLOBAL BITUMEN MARKET, (ALL SEGMENTATION PROVIDED ABOVE IS REPRESENTED IN THIS CHAPTER BY COUNTRY)
18.2 NORTH AMERICA
18.2.1 U.S.
18.2.2 CANADA
18.2.3 MEXICO
18.3 EUROPE
18.3.1 GERMANY
18.3.2 U.K.
18.3.3 ITALY
18.3.4 FRANCE
18.3.5 SPAIN
18.3.6 RUSSIA
18.3.7 SWITZERLAND
18.3.8 TURKEY
18.3.9 BELGIUM
18.3.10 NETHERLANDS
18.3.11 DENMARK
18.3.12 SWEDEN
18.3.13 POLAND
18.3.14 NORWAY
18.3.15 FINLAND
18.3.16 REST OF EUROPE
18.4 ASIA-PACIFIC
18.4.1 JAPAN
18.4.2 CHINA
18.4.3 SOUTH KOREA
18.4.4 INDIA
18.4.5 SINGAPORE
18.4.6 THAILAND
18.4.7 INDONESIA
18.4.8 MALAYSIA
18.4.9 PHILIPPINES
18.4.10 AUSTRALIA
18.4.11 NEW ZEALAND
18.4.12 VIETNAM
18.4.13 TAIWAN
18.4.14 REST OF ASIA-PACIFIC
18.5 SOUTH AMERICA
18.5.1 BRAZIL
18.5.2 ARGENTINA
18.5.3 REST OF SOUTH AMERICA
18.6 MIDDLE EAST AND AFRICA
18.6.1 SOUTH AFRICA
18.6.2 EGYPT
18.6.3 BAHRAIN
18.6.4 UNITED ARAB EMIRATES
18.6.5 KUWAIT
18.6.6 OMAN
18.6.7 QATAR
18.6.8 SAUDI ARABIA
18.6.9 REST OF MEA
19 GLOBAL BITUMEN MARKET, COMPANY LANDSCAPE
19.1 COMPANY SHARE ANALYSIS: GLOBAL
19.2 COMPANY SHARE ANALYSIS: NORTH AMERICA
19.3 COMPANY SHARE ANALYSIS: EUROPE
19.4 COMPANY SHARE ANALYSIS: ASIA-PACIFIC
19.5 MERGERS AND ACQUISITIONS
19.6 NEW PRODUCT DEVELOPMENT AND APPROVALS
19.7 EXPANSIONS
19.8 PARTNERSHIP AND OTHER STRATEGIC DEVELOPMENTS
20 SWOT AND DATA BRIDGE MARKET RESEARCH ANALYSIS
21 GLOBAL BITUMEN MARKET - COMPANY PROFILES
21.1 SHELL BITUMEN
21.1.1 COMPANY SNAPSHOT
21.1.2 PRODUCT PORTFOLIO
21.1.3 PRODUCTION CAPACITY OVERVIEW
21.1.4 SWOT ANALYSIS
21.1.5 REVENUE ANALYSIS
21.1.6 RECENT UPDATES
21.2 MARATHON PETROLEUM LP
21.2.1 COMPANY SNAPSHOT
21.2.2 PRODUCT PORTFOLIO
21.2.3 PRODUCTION CAPACITY OVERVIEW
21.2.4 SWOT ANALYSIS
21.2.5 REVENUE ANALYSIS
21.2.6 RECENT UPDATES
21.3 VALERO ENERGY CORPORATION
21.3.1 COMPANY SNAPSHOT
21.3.2 PRODUCT PORTFOLIO
21.3.3 PRODUCTION CAPACITY OVERVIEW
21.3.4 SWOT ANALYSIS
21.3.5 REVENUE ANALYSIS
21.3.6 RECENT UPDATES
21.4 NYNAS AB
21.4.1 COMPANY SNAPSHOT
21.4.2 PRODUCT PORTFOLIO
21.4.3 PRODUCTION CAPACITY OVERVIEW
21.4.4 SWOT ANALYSIS
21.4.5 REVENUE ANALYSIS
21.4.6 RECENT UPDATES
21.5 CEMEX S.A.B. DE C.V.
21.5.1 COMPANY SNAPSHOT
21.5.2 PRODUCT PORTFOLIO
21.5.3 PRODUCTION CAPACITY OVERVIEW
21.5.4 SWOT ANALYSIS
21.5.5 REVENUE ANALYSIS
21.5.6 RECENT UPDATES
21.6 TOTALENERGIES
21.6.1 COMPANY SNAPSHOT
21.6.2 PRODUCT PORTFOLIO
21.6.3 PRODUCTION CAPACITY OVERVIEW
21.6.4 SWOT ANALYSIS
21.6.5 REVENUE ANALYSIS
21.6.6 RECENT UPDATES
21.7 CHINA PETROLEUM & CHEMICAL CORPORATION
21.7.1 COMPANY SNAPSHOT
21.7.2 PRODUCT PORTFOLIO
21.7.3 PRODUCTION CAPACITY OVERVIEW
21.7.4 SWOT ANALYSIS
21.7.5 REVENUE ANALYSIS
21.7.6 RECENT UPDATES
21.8 RAHABITUMEN, INC
21.8.1 COMPANY SNAPSHOT
21.8.2 PRODUCT PORTFOLIO
21.8.3 PRODUCTION CAPACITY OVERVIEW
21.8.4 SWOT ANALYSIS
21.8.5 REVENUE ANALYSIS
21.8.6 RECENT UPDATES
21.9 ASPHALT & BITUMEN WEST CO.
21.9.1 COMPANY SNAPSHOT
21.9.2 PRODUCT PORTFOLIO
21.9.3 PRODUCTION CAPACITY OVERVIEW
21.9.4 SWOT ANALYSIS
21.9.5 REVENUE ANALYSIS
21.9.6 RECENT UPDATES
21.1 ATDM CO LTD
21.10.1 COMPANY SNAPSHOT
21.10.2 PRODUCT PORTFOLIO
21.10.3 PRODUCTION CAPACITY OVERVIEW
21.10.4 SWOT ANALYSIS
21.10.5 REVENUE ANALYSIS
21.10.6 RECENT UPDATES
21.11 BP PLC
21.11.1 COMPANY SNAPSHOT
21.11.2 PRODUCT PORTFOLIO
21.11.3 PRODUCTION CAPACITY OVERVIEW
21.11.4 SWOT ANALYSIS
21.11.5 REVENUE ANALYSIS
21.11.6 RECENT UPDATES
21.12 BMI GROUP
21.12.1 COMPANY SNAPSHOT
21.12.2 PRODUCT PORTFOLIO
21.12.3 PRODUCTION CAPACITY OVERVIEW
21.12.4 SWOT ANALYSIS
21.12.5 REVENUE ANALYSIS
21.12.6 RECENT UPDATES
21.13 EXXON MOBIL CORPORATION
21.13.1 COMPANY SNAPSHOT
21.13.2 PRODUCT PORTFOLIO
21.13.3 PRODUCTION CAPACITY OVERVIEW
21.13.4 SWOT ANALYSIS
21.13.5 REVENUE ANALYSIS
21.13.6 RECENT UPDATES
21.14 GOIL COMPANY LIMITED
21.14.1 COMPANY SNAPSHOT
21.14.2 PRODUCT PORTFOLIO
21.14.3 PRODUCTION CAPACITY OVERVIEW
21.14.4 SWOT ANALYSIS
21.14.5 REVENUE ANALYSIS
21.14.6 RECENT UPDATES
21.15 INDIAN OIL CORPORATION LTD
21.15.1 COMPANY SNAPSHOT
21.15.2 PRODUCT PORTFOLIO
21.15.3 PRODUCTION CAPACITY OVERVIEW
21.15.4 SWOT ANALYSIS
21.15.5 REVENUE ANALYSIS
21.15.6 RECENT UPDATES
21.16 KRATON CORPORATION
21.16.1 COMPANY SNAPSHOT
21.16.2 PRODUCT PORTFOLIO
21.16.3 PRODUCTION CAPACITY OVERVIEW
21.16.4 SWOT ANALYSIS
21.16.5 REVENUE ANALYSIS
21.16.6 RECENT UPDATES
21.17 IMPERIAL OIL LIMITED
21.17.1 COMPANY SNAPSHOT
21.17.2 PRODUCT PORTFOLIO
21.17.3 PRODUCTION CAPACITY OVERVIEW
21.17.4 SWOT ANALYSIS
21.17.5 REVENUE ANALYSIS
21.17.6 RECENT UPDATES
21.18 BOUYGUES GROUP’S
21.18.1 COMPANY SNAPSHOT
21.18.2 PRODUCT PORTFOLIO
21.18.3 PRODUCTION CAPACITY OVERVIEW
21.18.4 SWOT ANALYSIS
21.18.5 REVENUE ANALYSIS
21.18.6 RECENT UPDATES
21.19 EAGLEPETROCHEM
21.19.1 COMPANY SNAPSHOT
21.19.2 PRODUCT PORTFOLIO
21.19.3 PRODUCTION CAPACITY OVERVIEW
21.19.4 SWOT ANALYSIS
21.19.5 REVENUE ANALYSIS
21.19.6 RECENT UPDATES
21.2 RAHAOIL, INC.
21.20.1 COMPANY SNAPSHOT
21.20.2 PRODUCT PORTFOLIO
21.20.3 PRODUCTION CAPACITY OVERVIEW
21.20.4 SWOT ANALYSIS
21.20.5 REVENUE ANALYSIS
21.20.6 RECENT UPDATES
21.21 ASIA BITUMEN
21.21.1 COMPANY SNAPSHOT
21.21.2 PRODUCT PORTFOLIO
21.21.3 PRODUCTION CAPACITY OVERVIEW
21.21.4 SWOT ANALYSIS
21.21.5 REVENUE ANALYSIS
21.21.6 RECENT UPDATES
*NOTE: THE COMPANIES PROFILED IS NOT EXHAUSTIVE LIST AND IS AS PER OUR PREVIOUS CLIENT REQUIREMENT. WE PROFILE MORE THAN 100 COMPANIES IN OUR STUDY AND HENCE THE LIST OF COMPANIES CAN BE MODIFIED OR REPLACED ON REQUEST
22 RELATED REPORTS
23 QUESTIONNAIRE
24 CONCLUSION
25 ABOUT DATA BRIDGE MARKET RESEARCH

Global Bitumen Market, Supply Chain Analysis and Ecosystem Framework
To support market growth and help clients navigate the impact of geopolitical shifts, DBMR has integrated in-depth supply chain analysis into its Global Bitumen Market research reports. This addition empowers clients to respond effectively to global changes affecting their industries. The supply chain analysis section includes detailed insights such as Global Bitumen Market consumption and production by country, price trend analysis, the impact of tariffs and geopolitical developments, and import and export trends by country and HSN code. It also highlights major suppliers with data on production capacity and company profiles, as well as key importers and exporters. In addition to research, DBMR offers specialized supply chain consulting services backed by over a decade of experience, providing solutions like supplier discovery, supplier risk assessment, price trend analysis, impact evaluation of inflation and trade route changes, and comprehensive market trend analysis.
Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.