デフォルト表紙
市場調査レポート
商品コード
1745775

ビチューメンの世界市場:タイプ別、用途別、地域別、機会、予測、2018年~2032年

Global Bitumen Market Assessment, By Type [Paving Grade Bitumen, Oxidized Grade Bitumen, Polymer Modified Bitumen, Others], By Application [Road Construction, Waterproofing, Adhesives, Others], By Region, Opportunities and Forecast, 2018-2032F


出版日
ページ情報
英文 230 Pages
納期
3~5営業日
カスタマイズ可能
価格
価格表記: USDを日本円(税抜)に換算
本日の銀行送金レート: 1USD=144.08円
ビチューメンの世界市場:タイプ別、用途別、地域別、機会、予測、2018年~2032年
出版日: 2025年06月11日
発行: Market Xcel - Markets and Data
ページ情報: 英文 230 Pages
納期: 3~5営業日
GIIご利用のメリット
  • 全表示
  • 概要
  • 図表
  • 目次
概要

世界のビチューメン市場は、2025~2032年の予測期間中にCAGR 4.56%で成長すると予測されています。市場規模は、2024年の724億5,000万米ドルから2032年には1,035億1,000万米ドルに成長する見通しです。世界のビチューメンは、主に道路舗装やインフラ開発など、建設分野での広範な使用による影響が大きいです。ビチューメンはよく知られた石油由来の製品で、その優れた結合性、防水性、耐久性により、さまざまな製造ビチューメンに幅広く使用されています。道路建設産業が市場を大きく牽引しており、ビチューメンを使用したビチューメン道路は、激しい使用や過酷な気候条件にも耐えることができるため、望ましいものとされています。

アジア太平洋地域では、中国とインドの都市化と工業化によって、高速道路、道路、空港などのインフラ開発が進み、舗装用ビチューメンの需要が高まっています。同様に、高速道路の復旧・保守活動も北米におけるビチューメンの利用に大きく貢献しています。さらに、住宅や商業ビルの防水や屋根の用途別が拡大していることも、市場の成長を後押ししています。例えば、2024年2月現在、Caspi Bitum LLP合弁会社は、Atyrau製油所の石油処理能力を拡張しています。2024年11月に7,600万米ドル超の投資で開始されたこのプロジェクトは、2025年第2四半期までに道路用ビチューメン生産量を年間50万トンから75万トンに増強することを目指しており、中央アジアにおける主要な道路用ビチューメン生産者としての地位を確固たるものにしています。

目次

第1章 プロジェクトの範囲と定義

第2章 調査手法

第3章 米国の関税の影響

第4章 エグゼクティブサマリー

第5章 顧客の声

  • 購入決定時に考慮される要素
    • 製品の品質と仕様
    • 価格安定
    • 環境への配慮
    • サプライチェーンの信頼性

第6章 世界のビチューメン市場の見通し、2018年~2032年

  • 市場規模分析と予測
    • 金額別
    • 数量別
  • 市場シェア分析と予測
    • タイプ別
      • 舗装グレード
      • 酸化グレード
      • ポリマー改質
      • その他
    • 用途別
      • 道路建設
      • 防水
      • 接着剤
      • その他
    • 地域別
      • 北米
      • 欧州
      • アジア太平洋
      • 南米
      • 中東・アフリカ
    • 企業別の市場シェア分析(上位5社・その他 - 金額別、2024年)
  • 2024年の市場マップ分析
    • タイプ別
    • 用途別
    • 地域別

第7章 北米のビチューメン市場の見通し、2018年~2032年

  • 市場規模分析と予測
    • 金額別
    • 数量別
  • 市場シェア分析と予測
    • タイプ別
      • 舗装グレード
      • 酸化グレード
      • ポリマー改質
      • その他
    • 用途別
      • 道路建設
      • 防水
      • 接着剤
      • その他
    • 国別シェア
  • 国別市場評価
    • 米国のビチューメン市場の見通し、2018年~2032年
      • 市場規模分析と予測
      • 市場シェア分析と予測
      • 用途別
    • カナダ
    • メキシコ

第8章 欧州のビチューメン市場の見通し、2018年~2032年

  • ドイツ
  • フランス
  • イタリア
  • 英国
  • ロシア
  • オランダ
  • スペイン
  • トルコ
  • ポーランド

第9章 アジア太平洋のビチューメン市場の見通し、2018年~2032年

  • インド
  • 中国
  • 日本
  • オーストラリア
  • ベトナム
  • 韓国
  • インドネシア
  • フィリピン

第10章 南米のビチューメン市場の見通し、2018年~2032年

  • ブラジル
  • アルゼンチン

第11章 中東・アフリカのビチューメン市場の見通し、2018年~2032年

  • サウジアラビア
  • アラブ首長国連邦
  • 南アフリカ

第12章 バリューチェーン分析

第13章 ポーターのファイブフォース分析

第14章 PESTLE分析

第15章 価格分析

第16章 市場力学

  • 市場促進要因
  • 市場の課題

第17章 市場動向と発展

第18章 ケーススタディ

第19章 競合情勢

  • 市場リーダー上位5社の競合マトリックス
  • 上位5社のSWOT分析
  • 上位10社の主要企業の情勢
    • Suncor Energy Inc
    • Mangalore Refinery and Petrochemicals Limited
    • The Bouygues group
    • BP Plc
    • China Petroleum &Chemical Corporation
    • Exxon Mobil Corporation
    • Indian Oil Corporation Ltd
    • Royal Dutch Shell plc
    • PJSC Lukoil
    • TotalEnergies SE

第20章 戦略的提言

第21章 調査会社について・免責事項

図表

List of Tables

  • Table 1. Competition Matrix of Top 5 Market Leaders
  • Table 2. Mergers & Acquisitions/ Joint Ventures (If Applicable)
  • Table 3. About Us - Regions and Countries Where We Have Executed Client Projects

List of Figures

  • Figure 1. Global Bitumen Market, By Value, In USD Billion, 2018-2032F
  • Figure 2. Global Bitumen Market, By Volume, in Thousand Tons, 2018-2032F
  • Figure 3. Global Bitumen Market Share (%), By Type, 2018-2032F
  • Figure 4. Global Bitumen Market Share (%), By Application, 2018-2032F
  • Figure 5. Global Bitumen Market Share (%), By Region, 2018-2032F
  • Figure 6. North America Bitumen Market, By Value, In USD Billion, 2018-2032F
  • Figure 7. North America Bitumen Market, By Volume, in Thousand Tons, 2018-2032F
  • Figure 8. North America Bitumen Market Share (%), By Type, 2018-2032F
  • Figure 9. North America Bitumen Market Share (%), By Application, 2018-2032F
  • Figure 10. North America Bitumen Market Share (%), By Country, 2018-2032F
  • Figure 11. United States Bitumen Market, By Value, In USD Billion, 2018-2032F
  • Figure 12. United States Bitumen Market, By Volume, in Thousand Tons, 2018-2032F
  • Figure 13. United States Bitumen Market Share (%), By Type, 2018-2032F
  • Figure 14. United States Bitumen Market Share (%), By Application, 2018-2032F
  • Figure 15. Canada Bitumen Market, By Value, In USD Billion, 2018-2032F
  • Figure 16. Canada Bitumen Market, By Volume, in Thousand Tons, 2018-2032F
  • Figure 17. Canada Bitumen Market Share (%), By Type, 2018-2032F
  • Figure 18. Canada Bitumen Market Share (%), By Application, 2018-2032F
  • Figure 19. Mexico Bitumen Market, By Value, In USD Billion, 2018-2032F
  • Figure 20. Mexico Bitumen Market, By Volume, in Thousand Tons, 2018-2032F
  • Figure 21. Mexico Bitumen Market Share (%), By Type, 2018-2032F
  • Figure 22. Mexico Bitumen Market Share (%), By Application, 2018-2032F
  • Figure 23. Europe Bitumen Market, By Value, In USD Billion, 2018-2032F
  • Figure 24. Europe Bitumen Market, By Volume, in Thousand Tons, 2018-2032F
  • Figure 25. Europe Bitumen Market Share (%), By Type, 2018-2032F
  • Figure 26. Europe Bitumen Market Share (%), By Application, 2018-2032F
  • Figure 27. Europe Bitumen Market Share (%), By Country, 2018-2032F
  • Figure 28. Germany Bitumen Market, By Value, In USD Billion, 2018-2032F
  • Figure 29. Germany Bitumen Market, By Volume, in Thousand Tons, 2018-2032F
  • Figure 30. Germany Bitumen Market Share (%), By Type, 2018-2032F
  • Figure 31. Germany Bitumen Market Share (%), By Application, 2018-2032F
  • Figure 32. France Bitumen Market, By Value, In USD Billion, 2018-2032F
  • Figure 33. France Bitumen Market, By Volume, in Thousand Tons, 2018-2032F
  • Figure 34. France Bitumen Market Share (%), By Type, 2018-2032F
  • Figure 35. France Bitumen Market Share (%), By Application, 2018-2032F
  • Figure 36. Italy Bitumen Market, By Value, In USD Billion, 2018-2032F
  • Figure 37. Italy Bitumen Market, By Volume, in Thousand Tons, 2018-2032F
  • Figure 38. Italy Bitumen Market Share (%), By Type, 2018-2032F
  • Figure 39. Italy Bitumen Market Share (%), By Application, 2018-2032F
  • Figure 40. United Kingdom Bitumen Market, By Value, In USD Billion, 2018-2032F
  • Figure 41. United Kingdom Bitumen Market, By Volume, in Thousand Tons, 2018-2032F
  • Figure 42. United Kingdom Bitumen Market Share (%), By Type, 2018-2032F
  • Figure 43. United Kingdom Bitumen Market Share (%), By Application, 2018-2032F
  • Figure 44. Russia Bitumen Market, By Value, In USD Billion, 2018-2032F
  • Figure 45. Russia Bitumen Market, By Volume, in Thousand Tons, 2018-2032F
  • Figure 46. Russia Bitumen Market Share (%), By Type, 2018-2032F
  • Figure 47. Russia Bitumen Market Share (%), By Application, 2018-2032F
  • Figure 48. Netherlands Bitumen Market, By Value, In USD Billion, 2018-2032F
  • Figure 49. Netherlands Bitumen Market, By Volume, in Thousand Tons, 2018-2032F
  • Figure 50. Netherlands Bitumen Market Share (%), By Type, 2018-2032F
  • Figure 51. Netherlands Bitumen Market Share (%), By Application, 2018-2032F
  • Figure 52. Spain Bitumen Market, By Value, In USD Billion, 2018-2032F
  • Figure 53. Spain Bitumen Market, By Volume, in Thousand Tons, 2018-2032F
  • Figure 54. Spain Bitumen Market Share (%), By Type, 2018-2032F
  • Figure 55. Spain Bitumen Market Share (%), By Application, 2018-2032F
  • Figure 56. Turkey Bitumen Market, By Value, In USD Billion, 2018-2032F
  • Figure 57. Turkey Bitumen Market, By Volume, in Thousand Tons, 2018-2032F
  • Figure 58. Turkey Bitumen Market Share (%), By Type, 2018-2032F
  • Figure 59. Turkey Bitumen Market Share (%), By Application, 2018-2032F
  • Figure 60. Poland Bitumen Market, By Value, In USD Billion, 2018-2032F
  • Figure 61. Poland Bitumen Market, By Volume, in Thousand Tons, 2018-2032F
  • Figure 62. Poland Bitumen Market Share (%), By Type, 2018-2032F
  • Figure 63. Poland Bitumen Market Share (%), By Application, 2018-2032F
  • Figure 64. South America Bitumen Market, By Value, In USD Billion, 2018-2032F
  • Figure 65. South America Bitumen Market, By Volume, in Thousand Tons, 2018-2032F
  • Figure 66. South America Bitumen Market Share (%), By Type, 2018-2032F
  • Figure 67. South America Bitumen Market Share (%), By Application, 2018-2032F
  • Figure 68. South America Bitumen Market Share (%), By Country, 2018-2032F
  • Figure 69. Brazil Bitumen Market, By Value, In USD Billion, 2018-2032F
  • Figure 70. Brazil Bitumen Market, By Volume, in Thousand Tons, 2018-2032F
  • Figure 71. Brazil Bitumen Market Share (%), By Type, 2018-2032F
  • Figure 72. Brazil Bitumen Market Share (%), By Application, 2018-2032F
  • Figure 73. Argentina Bitumen Market, By Value, In USD Billion, 2018-2032F
  • Figure 74. Argentina Bitumen Market, By Volume, in Thousand Tons, 2018-2032F
  • Figure 75. Argentina Bitumen Market Share (%), By Type, 2018-2032F
  • Figure 76. Argentina Bitumen Market Share (%), By Application, 2018-2032F
  • Figure 77. Asia-Pacific Bitumen Market, By Value, In USD Billion, 2018-2032F
  • Figure 78. Asia-Pacific Bitumen Market, By Volume, in Thousand Tons, 2018-2032F
  • Figure 79. Asia-Pacific Bitumen Market Share (%), By Type, 2018-2032F
  • Figure 80. Asia-Pacific Bitumen Market Share (%), By Application, 2018-2032F
  • Figure 81. Asia-Pacific Bitumen Market Share (%), By Country, 2018-2032F
  • Figure 82. India Bitumen Market, By Value, In USD Billion, 2018-2032F
  • Figure 83. India Bitumen Market, By Volume, in Thousand Tons, 2018-2032F
  • Figure 84. India Bitumen Market Share (%), By Type, 2018-2032F
  • Figure 85. India Bitumen Market Share (%), By Application, 2018-2032F
  • Figure 86. China Bitumen Market, By Value, In USD Billion, 2018-2032F
  • Figure 87. China Bitumen Market, By Volume, in Thousand Tons, 2018-2032F
  • Figure 88. China Bitumen Market Share (%), By Type, 2018-2032F
  • Figure 89. China Bitumen Market Share (%), By Application, 2018-2032F
  • Figure 90. Japan Bitumen Market, By Value, In USD Billion, 2018-2032F
  • Figure 91. Japan Bitumen Market, By Volume, in Thousand Tons, 2018-2032F
  • Figure 92. Japan Bitumen Market Share (%), By Type, 2018-2032F
  • Figure 93. Japan Bitumen Market Share (%), By Application, 2018-2032F
  • Figure 94. Australia Bitumen Market, By Value, In USD Billion, 2018-2032F
  • Figure 95. Australia Bitumen Market, By Volume, in Thousand Tons, 2018-2032F
  • Figure 96. Australia Bitumen Market Share (%), By Type, 2018-2032F
  • Figure 97. Australia Bitumen Market Share (%), By Application, 2018-2032F
  • Figure 98. Vietnam Bitumen Market, By Value, In USD Billion, 2018-2032F
  • Figure 99. Vietnam Bitumen Market, By Volume, in Thousand Tons, 2018-2032F
  • Figure 100. Vietnam Bitumen Market Share (%), By Type, 2018-2032F
  • Figure 101. Vietnam Bitumen Market Share (%), By Application, 2018-2032F
  • Figure 102. South Korea Bitumen Market, By Value, In USD Billion, 2018-2032F
  • Figure 103. South Korea Bitumen Market, By Volume, in Thousand Tons, 2018-2032F
  • Figure 104. South Korea Bitumen Market Share (%), By Type, 2018-2032F
  • Figure 105. South Korea Bitumen Market Share (%), By Application, 2018-2032F
  • Figure 106. Indonesia Bitumen Market, By Value, In USD Billion, 2018-2032F
  • Figure 107. Indonesia Bitumen Market, By Volume, in Thousand Tons, 2018-2032F
  • Figure 108. Indonesia Bitumen Market Share (%), By Type, 2018-2032F
  • Figure 109. Indonesia Bitumen Market Share (%), By Application, 2018-2032F
  • Figure 110. Philippines Bitumen Market, By Value, In USD Billion, 2018-2032F
  • Figure 111. Philippines Bitumen Market, By Volume, in Thousand Tons, 2018-2032F
  • Figure 112. Philippines Bitumen Market Share (%), By Type, 2018-2032F
  • Figure 113. Philippines Bitumen Market Share (%), By Application, 2018-2032F
  • Figure 114. Middle East & Africa Bitumen Market, By Value, In USD Billion, 2018-2032F
  • Figure 115. Middle East & Africa Bitumen Market, By Volume, in Thousand Tons, 2018-2032F
  • Figure 116. Middle East & Africa Bitumen Market Share (%), By Type, 2018-2032F
  • Figure 117. Middle East & Africa Bitumen Market Share (%), By Application, 2018-2032F
  • Figure 118. Middle East & Africa Bitumen Market Share (%), By Country, 2018-2032F
  • Figure 119. Saudi Arabia Bitumen Market, By Value, In USD Billion, 2018-2032F
  • Figure 120. Saudi Arabia Bitumen Market, By Volume, in Thousand Tons, 2018-2032F
  • Figure 121. Saudi Arabia Bitumen Market Share (%), By Type, 2018-2032F
  • Figure 122. Saudi Arabia Bitumen Market Share (%), By Application, 2018-2032F
  • Figure 123. UAE Bitumen Market, By Value, In USD Billion, 2018-2032F
  • Figure 124. UAE Bitumen Market, By Volume, in Thousand Tons, 2018-2032F
  • Figure 125. UAE Bitumen Market Share (%), By Type, 2018-2032F
  • Figure 126. UAE Bitumen Market Share (%), By Application, 2018-2032F
  • Figure 127. South Africa Bitumen Market, By Value, In USD Billion, 2018-2032F
  • Figure 128. South Africa Bitumen Market, By Volume, in Thousand Tons, 2018-2032F
  • Figure 129. South Africa Bitumen Market Share (%), By Type, 2018-2032F
  • Figure 130. South Africa Bitumen Market Share (%), By Application, 2018-2032F
  • Figure 131. By Type Map-Market Size (USD Billion) & Growth Rate (%), 2024
  • Figure 132. By Application Map-Market Size (USD Billion) & Growth Rate (%), 2024
  • Figure 133. By Region Map-Market Size (USD Billion) & Growth Rate (%), 2024
目次
Product Code: MX13307

Global bitumen market is expected to grow at a CAGR of 4.56% during the forecast period 2025-2032. The market size will grow from USD 72.45 billion in 2024 to USD 103.51 billion in 2032. Global Bitumen is largely influenced by its extensive use in the construction sector, mainly road paving and infrastructure development. Bitumen is a well-known petroleum-derived product, which finds wide usage in various manufacturing asphalt, owing to its excellent binding, waterproof, and durability properties. The road construction industry largely drives the market, with asphalt roads made using bitumen being the desired one owing to their capability to withstand heavy usage and extreme climatic conditions.

In the Asia-Pacific region, Chinese and Indian urbanization and industrialization have given rise to infrastructure development under the cover of highways, roads, and airports, thus driving demand for bitumen of paving grade. Similarly, highway rehabilitation and maintenance activity also significantly contribute to bitumen utilization in North America. Moreover, growing uses of bitumen in waterproofing and roofing of houses and commercial buildings also fuel market growth. For instance, as of February 2024, Caspi Bitum LLP joint venture (KazMunayGas and CITIC Kazakhstan LLP) is expanding its Atyrau Refinery's oil processing capacity. The project, launched in November 2024 with over USD 76 million invested, aims to boost road bitumen output from 500,000 to 750,000 tons annually by second quarter 2025, solidifying its position as Central Asia's key road bitumen producer.

Rising Demand for the Sustainable Roads Construction Driving the Bitumen Demand

Road construction is significantly boosting the global bitumen market. As industries and governments increasingly seek eco-friendly infrastructure solutions, the use of bitumen-a crude oil-derived binder prized for its resilience, water resistance, and adhesive qualities-remains central to road building. However, concerns over pollution and the non-renewable nature of conventional bitumen are accelerating the adoption of sustainable alternatives and innovative technologies. Green bitumen, which offers lower carbon emissions and recyclability, is gaining traction as a cost-effective way to reduce the environmental impact of road construction. One notable advancement is the development of bio-bitumen, produced from renewable resources such as wood-based oils, agricultural residues, and used cooking oil. These bio-based materials can be blended with traditional petroleum bitumen or used as additives, enhancing performance while addressing sustainability challenges.

Government policies are also driving this shift. Countries with green infrastructure agendas, such as India, are increasingly using polymer-modified bitumen to improve road quality and mitigate environmental effects. A milestone in this movement was the inauguration of India's first green road-the Nagpur-Mansar Bypass Project (NH44)-in December 2024, constructed with lignin-based bio-bitumen. Praj Industries' process for lignin bio-bitumen, further support this transition. Their product, capable of 15% blending with conventional bitumen, can reduce greenhouse gas emissions by 70% compared to fossil-based bitumen. Scaling this solution in India could require around 1.5 million tons of bio-bitumen, potentially saving USD 450-500 million in foreign exchange.

Technological Innovation Driving the Bitumen Market

Technological innovation is at the forefront of propelling the bitumen market through its developments in product performance, sustainability, and efficiency for infrastructure projects. The polymer-modified bitumen (PMB) is one of such innovations. It is a product that is stronger, elastic, and resilient to climatic conditions. It is therefore best for new infrastructure like highway and airport development that requires high-performance material. Moreover, warm mix and cold mix asphalt manufacturing processes are also on the rise on the basis of the potential to save energy for use and on-site low emissions in accordance with sustainable goals. Another key innovation is the application of recycled products such as reclaimed asphalt pavement (RAP) and recycled plastic or rubber in the production process of bitumen. Technology not only saves waste, but the properties of the material are enhanced, and the environmental issues are addressed. Bio-bitumen, which is made from renewable raw materials such as vegetable oils and lignin, is now a petroleum bitumen substitute for sustainable in nature. Such developments are being promoted by government policies towards green construction.

For instance, in December 2024, Mangalore Refinery and Petrochemicals Limited (MRPL) commissioned a new bitumen production unit in Mangaluru, India, using advanced "Biturox" technology. The unit has an annual capacity of 1,50,000 metric tons, doubling MRPL's bitumen production capability. This expansion is crucial for India's highway development and economic growth. The facility is designed to produce premium VG40 bitumen consistently and offers flexibility to manufacture VG30 and other grades. MRPL aims to provide road construction companies with locally produced, high-quality bitumen, furthering Atmanirbhar Bharat's vision.

Paving Grade Bitumen Dominates the Global Market

The paving grade bitumen market is dominating the global bitumen market. The paving grade bitumen is essentially used in road construction and maintenance. Also, increasing investment in road networks, expressways and urban infrastructure is driving the growth of paving grade bitumen market. Furthermore, it offers excellent binding properties, water resistance and durability which is driving the growth of paving grade in the global bitumen market.

For instance, Chinese state-owned construction firms are constructing infrastructure all over the world under Belt and Road Initiatives (BRI). They use several paving grade bitumen that are suited to the host country's local conditions and their own technical standards.

Asia-Pacific Dominates the Global Market

The demand for bitumen is rising rapidly in the Asia-Pacific region due to rapid urbanization, infrastructure growth and focus on modern transportation networks. The region includes several developing countries such as China, India and Indonesia, which are undergoing significant urban expansion resulting in construction of new roads, highways, and bridges to accommodate the rising vehicle numbers. For instance, in 2024, Vitol Asia has entered into a long-term agreement for exclusive use of a dedicated bitumen storage facility currently under construction by Rotary Group at the VTTI ATB terminal in Johor, Malaysia, which is expected to be completed in 2024. This strategic move will allow Vitol to expand and enhance its portfolio of bitumen products and services for customers across the Asia-Pacific region.

Future Market Scenario (2025 - 2032F)

The steady expansion of road infrastructure, particularly in the developing economies of China and India, will continue to be a key source of demand for bitumen. Urbanization and economic development in these economies will necessitate more infrastructure projects like roads, highways, and urban development projects.

Technological innovation in bitumen production, such as polymer-modified bitumen and recycling technology, will enhance the use of bitumen in an efficient and sustainable manner. Self-healing roads and warm mix asphalt will render bitumen more appealing to use in upcoming constructions.

Governments around the world are heavily investing in the development of transport infrastructure. For instance, the United States has invested heavily in infrastructure development, and India's National Infrastructure Pipeline has gigantic investments in road development, which will lead to massive demand for bitumen.

With environmental concerns being front and center, the bitumen industry is gravitating towards cleaner practices, such as recycling and clean manufacturing processes. This is the direction the future market forces will push the industry, with companies embracing greener technology being at the forefront.

Key Players Landscape and Outlook

Market leaders among bitumen competitors are investing in strategic expansion, technological innovation, and sustainability initiatives in order to become market leaders. They are also investing in R&D for enhancing the functionality and quality of bitumen products, such as the manufacturing of bio-based products and polymer-modified bitumen. The competitors are expanding their presence in emerging markets of Asia-Pacific and Latin America, where growth in infrastructure development is driving demand for bitumen. The market leaders among bitumen participants undertake strategic expansion, technological innovation, and sustainability initiatives in order to become market leaders. They are also investing in R&D for advancing the functionality and quality of bitumen products, such as the development of bio-based products and polymer-modified bitumen. The competitors are expanding their reach to emerging economies across Asia-Pacific and Latin America, wherein infrastructure construction growth is driving demand for bitumen.

For instance, in December 2024, Colas Group acquired a new bitumen tanker from its Canadian subsidiary, McAsphalt, to strengthen its supply chain and consolidate its position as a key supplier in the bitumen market. The tanker, measuring 140 meters in length, offers a cargo capacity of 11,000 cubic meters and is designed to meet North American supply demands. The acquisition strengthens Colas' leadership in infrastructure solutions in Canada and aligns with its low-carbon strategy. In another instance, in October 2023, Suncor Energy Inc has agreed to buy TotalEnergies EP Canada Ltd., which holds a 31.23% working interest in the Fort Hills oil sands mining project, for USD 1.468 billion. The acquisition will add 61,000 barrels per day of net bitumen production capacity and 675 million barrels of proved and probable reserves to Suncor's existing oil sands portfolio. Suncor will own 100% of Fort Hills, providing additional long-life, physically integrated bitumen supply to maximize the utilization of its Base Plant upgraders post the end of the Base mine life. The additional interest acquired will be subject to the company's objective of achieving net-zero greenhouse gas emissions from operations by 2050.

Table of Contents

1. Project Scope and Definitions

2. Research Methodology

3. Impact of U.S. Tariffs

4. Executive Summary

5. Voice of Customer

  • 5.1. Factors Considered in Purchase Decisions
    • 5.1.1. Product Quality & Specifications
    • 5.1.2. Price Stability
    • 5.1.3. Environmental Consideration
    • 5.1.4. Supply Chain Reliability

6. Global Bitumen Market Outlook, 2018-2032F

  • 6.1. Market Size Analysis & Forecast
    • 6.1.1. By Value
    • 6.1.2. By Volume
  • 6.2. Market Share Analysis & Forecast
    • 6.2.1. By Type
      • 6.2.1.1. Paving Grade Bitumen
      • 6.2.1.2. Oxidized Grade Bitumen
      • 6.2.1.3. Polymer Modified Bitumen
      • 6.2.1.4. Others
    • 6.2.2. By Application
      • 6.2.2.1. Road Construction
      • 6.2.2.2. Waterproofing
      • 6.2.2.3. Adhesives
      • 6.2.2.4. Others
    • 6.2.3. By Region
      • 6.2.3.1. North America
      • 6.2.3.2. Europe
      • 6.2.3.3. Asia-Pacific
      • 6.2.3.4. South America
      • 6.2.3.5. Middle East and Africa
    • 6.2.4. By Company Market Share Analysis (Top 5 Companies and Others - By Value, 2024)
  • 6.3. Market Map Analysis, 2024
    • 6.3.1. By Type
    • 6.3.2. By Application
    • 6.3.3. By Region

7. North America Bitumen Market Outlook, 2018-2032F*

  • 7.1. Market Size Analysis & Forecast
    • 7.1.1. By Value
    • 7.1.2. By Volume
  • 7.2. Market Share Analysis & Forecast
    • 7.2.1. By Type
      • 7.2.1.1. Paving Grade Bitumen
      • 7.2.1.2. Oxidized Grade Bitumen
      • 7.2.1.3. Polymer Modified Bitumen
      • 7.2.1.4. Others
    • 7.2.2. By Application
      • 7.2.2.1. Road Construction
      • 7.2.2.2. Waterproofing
      • 7.2.2.3. Adhesives
      • 7.2.2.4. Others
    • 7.2.3. By Country Share
        • 7.2.3.1.1. United States
        • 7.2.3.1.2. Canada
        • 7.2.3.1.3. Mexico
  • 7.3. Country Market Assessment
    • 7.3.1. United States Bitumen Market Outlook, 2018-2032F*
      • 7.3.1.1. Market Size Analysis & Forecast
        • 7.3.1.1.1. By Value
        • 7.3.1.1.2. By Volume
      • 7.3.1.2. Market Share Analysis & Forecast
        • 7.3.1.2.1. By Type
          • 7.3.1.2.1.1. Paving Grade Bitumen
          • 7.3.1.2.1.2. Oxidized Grade Bitumen
          • 7.3.1.2.1.3. Polymer Modified Bitumen
          • 7.3.1.2.1.4. Others
      • 7.3.1.3. By Application
        • 7.3.1.3.1. Road Construction
        • 7.3.1.3.2. Waterproofing
        • 7.3.1.3.3. Adhesives
        • 7.3.1.3.4. Others
    • 7.3.2. Canada
    • 7.3.3. Mexico

All segments will be provided for all regions and countries covered

8. Europe Bitumen Market Outlook, 2018-2032F

  • 8.1. Germany
  • 8.2. France
  • 8.3. Italy
  • 8.4. United Kingdom
  • 8.5. Russia
  • 8.6. Netherlands
  • 8.7. Spain
  • 8.8. Turkey
  • 8.9. Poland

9. Asia-Pacific Bitumen Market Outlook, 2018-2032F

  • 9.1. India
  • 9.2. China
  • 9.3. Japan
  • 9.4. Australia
  • 9.5. Vietnam
  • 9.6. South Korea
  • 9.7. Indonesia
  • 9.8. Philippines

10. South America Bitumen Market Outlook, 2018-2032F

  • 10.1. Brazil
  • 10.2. Argentina

11. Middle East and Africa Bitumen Market Outlook, 2018-2032F

  • 11.1. Saudi Arabia
  • 11.2. UAE
  • 11.3. South Africa

12. Value Chain Analysis

13. Porter's Five Forces Analysis

14. PESTLE Analysis

15. Pricing Analysis

16. Market Dynamics

  • 16.1. Market Drivers
  • 16.2. Market Challenges

17. Market Trends and Developments

18. Case Studies

19. Competitive Landscape

  • 19.1. Competition Matrix of Top 5 Market Leaders
  • 19.2. SWOT Analysis for Top 5 Players
  • 19.3. Key Players Landscape for Top 10 Market Players
    • 19.3.1. Suncor Energy Inc
      • 19.3.1.1. Company Details
      • 19.3.1.2. Key Management Personnel
      • 19.3.1.3. Products and Services
      • 19.3.1.4. Financials (As Reported)
      • 19.3.1.5. Key Market Focus and Geographical Presence
      • 19.3.1.6. Recent Developments/Collaborations/Partnerships/Mergers and Acquisition
    • 19.3.2. Mangalore Refinery and Petrochemicals Limited
    • 19.3.3. The Bouygues group
    • 19.3.4. BP Plc
    • 19.3.5. China Petroleum & Chemical Corporation
    • 19.3.6. Exxon Mobil Corporation
    • 19.3.7. Indian Oil Corporation Ltd
    • 19.3.8. Royal Dutch Shell plc
    • 19.3.9. PJSC Lukoil
    • 19.3.10. TotalEnergies SE

Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.

20. Strategic Recommendations

21. About Us and Disclaimer