Sunday 30 June 2013

Market Overview: Global Industry Bitumen Market Share 2012 - 2018


Bitumen is primarily used as a binder in road construction along with other applications such as electronics, waterproofing for roofing, and in adhesives due to its resistance to water, insulation properties and high durability. The properties of bitumen can be altered by adding polymers to it, thus, increasing its application scope.

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The report forecasts and analyzes the bitumen market on a global and regional level. The forecast demand onthe global level is based on volume (million tons) and revenue (USD billion) for the period from 2012 to 2018. For better understanding of the market on a regional level, the market has been forecasted based on volume (kilo tons) and revenues (USD million) for the same time period. The study covers the drivers and restraints of the bitumen market and their impact on the growth of the market during this time period. In addition, the study includes opportunities available for the market on a regional and global level and its effect in the above mentioned time period.

For better understanding of the bitumen market, we have given a detailed analysis of the value chain. Moreover, a detailed Porters five forces model offers a better understanding of the intensity of competition present in the market. The study also comprises of a market attractiveness analysis, where the applications are benchmarked based on their market scope, growth rate and general attractiveness.

The bitumen market has been segmented based on its product types, application and geography. All product type segments have been analyzed and forecast based on volumes (million tons) for the time period ranging from 2012 to 2018. In addition, application segments have been analyzed and forecasted on current trends on a global and regional level, for the same period. Geographically, the market has been segmented into North America, Europe, China, Asia Pacific (excluding China) and Rest of the World. China is considered as a separate segment under regional analysis owing to high consumption of bitumen in the country. China accounts for over 60% of the bitumen consumption of the Asia Pacific market. Analysis and forecast is based on current trends, and ranges over a period from 2012 to 2018. 


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