Bitumen Market Report 2026
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Published : February 2026

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Bitumen Market Report 2026

Global Outlook – By Product Type (Paving Grade, Hard Grade, Oxidized Grade, Bitumen Emulsions, Polymer Modified Bitumen, Other Products), By Application (Roadways, Waterproofing, Other Applications), By End-Use Sector (Commercial, Residential) – Market Size, Trends, Strategies, and Forecast to 2035

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Bitumen Market Overview

• Bitumen market size has reached to $57.31 billion in 2025

• Expected to grow to $72.74 billion in 2030 at a compound annual growth rate (CAGR) of 4.9%

• Growth Driver: Increase In Demand For Bitumen Due To Rapid Industrialization

• Market Trend: High-Tech Bitumen Binders To Enhance Performance Characteristics

• Asia-Pacific was the largest region in 2025 and Asia-Pacific is the fastest growing region.

What Is Covered Under Bitumen Market?

Bitumen, also known as asphalt or asphalt binder, is a black, sticky, and highly viscous petroleum-based material. Bitumen is used as a binder in asphalt concrete for constructing roads, highways, and other transportation infrastructure.

The main products of bitumen are paving grade, hard grade, oxidized grade, bitumen emulsions, polymer-modified bitumen, and others. Paving grade refers to a specific type of bitumen or asphalt that is commonly used in road construction and paving projects. It is used in roadways, waterproofing, adhesives, insulation, and other applications by non-residential, residential, and other end-users.

Bitumen Market Global Report market report bar graph

What Is The Bitumen Market Size and Share 2026?

The bitumen market size has grown steadily in recent years. It will grow from $57.31 billion in 2025 to $60.02 billion in 2026 at a compound annual growth rate (CAGR) of 4.7%. The growth in the historic period can be attributed to expansion of road and highway construction, growth of urban infrastructure projects, increasing use of asphalt pavements, availability of petroleum refining outputs, rising investments in transportation infrastructure.

What Is The Bitumen Market Growth Forecast?

The bitumen market size is expected to see steady growth in the next few years. It will grow to $72.74 billion in 2030 at a compound annual growth rate (CAGR) of 4.9%. The growth in the forecast period can be attributed to increasing infrastructure modernization initiatives, rising adoption of sustainable road construction materials, expansion of smart city projects, growing demand for high-performance asphalt solutions, increasing focus on long-life pavement technologies. Major trends in the forecast period include increasing adoption of polymer modified bitumen, rising demand for durable road infrastructure materials, growing use of bitumen emulsions in construction, expansion of climate-resilient road surfaces, enhanced focus on recyclable asphalt solutions.

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Global Bitumen Market Segmentation

1) By Product Type: Paving Grade, Hard Grade, Oxidized Grade, Bitumen Emulsions, Polymer Modified Bitumen, Other Products

2) By Application: Roadways, Waterproofing, Other Applications

3) By End-Use Sector: Commercial, Residential

Subsegments:

1) By Paving Grade: PG 64-22, PG 58-28, PG 70-28

2) By Hard Grade: Hard Bitumen, Extra Hard Bitumen

3) By Oxidized Grade: Oxidized Bitumen, Speciality Oxidized Bitumen

4) By Bitumen Emulsions: Cationic Emulsions, Anionic Emulsions

5) By Polymer Modified Bitumen (PMB): SBS Modified Bitumen, EVA Modified Bitumen, Other Polymer Modifications

6) By Other Products: Cutback Bitumen, Specialty Bitumen Products

What Is The Driver Of The Bitumen Market?

The rapid industrialization is expected to propel the growth of the bitumen market going forward. Industrialization is the process of transforming an economy or society from primarily agrarian and craft-based activities to a more industrial and manufacturing-based structure. Industrialization utilizes bitumen for its versatile and durable properties, serving as a crucial component in various applications such as road construction, waterproofing, and industrial processes, contributing to infrastructure development and ensuring the longevity and reliability of key industrial assets. For instance, in August 2023, according to Eurostat, a Luxembourg-based statistical office of the European Union (EU), industrial production in the euro area and the EU increased by 0.5% and 0.4%, respectively, in June 2023, compared to May 2023. Therefore, the rapid industrialization will drive the growth of the bitumen industry.

What Is The Driver Of The Bitumen Market?

The rapid industrialization is expected to propel the growth of the bitumen market going forward. Industrialization is the process of transforming an economy or society from primarily agrarian and craft-based activities to a more industrial and manufacturing-based structure. Industrialization utilizes bitumen for its versatile and durable properties, serving as a crucial component in various applications such as road construction, waterproofing, and industrial processes, contributing to infrastructure development and ensuring the longevity and reliability of key industrial assets. For instance, in August 2023, according to Eurostat, a Luxembourg-based statistical office of the European Union (EU), industrial production in the euro area and the EU increased by 0.5% and 0.4%, respectively, in June 2023, compared to May 2023. Therefore, the rapid industrialization will drive the growth of the bitumen industry.

Global Bitumen Market Trends and Insights

Major companies operating in the bitumen market are innovating products, such as high-tech bitumen binders, to increase the production of high-tech bitumen products and gain a competitive advantage. High-tech bitumen binders refer to advanced and innovative formulations of bituminous materials that exhibit enhanced performance characteristics, such as improved durability. For instance, in May 2024, Tarmac,a UK-based company specializing in sustainable building materials and construction, launched a new modern and sustainable asphalt plant in Trowse, Norwich, marking a significant advancement in eco-friendly construction practices. It has a production capacity of up to 100,000 tons per year.

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What Are Latest Mergers And Acquisitions In The Bitumen Market?

In November 2025, Sika AG, a Switzerland-based specialty chemicals and construction-materials company, acquired Awazil Al Khaleej Industrial Co. for an undisclosed amount. With this acquisition, Sika aims to strengthen its footprint in the fast-growing Saudi and broader GCC construction markets by integrating Gulf Seal’s bituminous waterproofing membranes into its global product portfolio and leveraging Sika’s distribution network to support large infrastructure and building projects. Awazil Al Khaleej Industrial Co. is a Saudi-Arabia–based manufacturer of bituminous waterproofing membranes, supplying membrane solutions widely used in major building and infrastructure projects across the region.

Regional Insights

Asia-Pacific was the largest region in the bitumen market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

What Defines the Bitumen Market?

The bitumen market consists of sales of bitumen paints and coatings, polymer-modified bitumen, cutback bitumen, bitumen emulsions and others. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Bitumen Market Report 2026?

The bitumen market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the bitumen industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Author : Abhilash Pyata

Bitumen Market Report Forecast Analysis

Report AttributeDetails
Market Size Value In 2026 $60.02 billion
Revenue Forecast In 2035 $72.74 billion
Growth Rate CAGR of 4.7% from 2026 to 2035
Base Year For Estimation 2025
Actual Estimates/Historical Data 2020-2025
Forecast Period 2026 - 2030 - 2035
Market Representation Revenue in USD Billion and CAGR from 2026 to 2035
Segments Covered Product Type, Application, End-Use Sector
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, ...
Key Companies Profiled Shell plc, BP p.l.c., Exxon Mobil Corporation, TotalEnergies SE, Chevron Corporation, Valero Energy Corporation, Marathon Petroleum Corporation, Phillips 66 Company, Indian Oil Corporation Limited, Bharat Petroleum Corporation Limited, Hindustan Petroleum Corporation Limited, Rosneft Oil Company PJSC, Gazprom Neft PJSC, PJSC Lukoil, Eni S.p.A., Repsol, S.A., OMV Aktiengesellschaft, Neste Oyj, Petroliam Nasional Berhad, China Petroleum And Chemical Corporation
Customization ScopeRequest for Customization
Pricing And Purchase OptionsExplore Purchase Options

Table Of Contents

1. Executive Summary

1.1. Key Market Insights (2020-2035)

1.2. Visual Dashboard: Market Size, Growth Rate, Hotspots

1.3. Major Factors Driving the Market

1.4. Top Three Trends Shaping the Market

2. Bitumen Market Characteristics

2.1. Market Definition & Scope

2.2. Market Segmentations

2.3. Overview of Key Products and Services

2.4. Global Bitumen Market Attractiveness Scoring And Analysis

2.4.1. Overview of Market Attractiveness Framework

2.4.2. Quantitative Scoring Methodology

2.4.3. Factor-Wise Evaluation

Growth Potential Analysis, Competitive Dynamics Assessment, Strategic Fit Assessment And Risk Profile Evaluation

2.4.4. Market Attractiveness Scoring and Interpretation

2.4.5. Strategic Implications and Recommendations

3. Bitumen Market Supply Chain Analysis

3.1. Overview of the Supply Chain and Ecosystem

3.2. List Of Key Raw Materials, Resources & Suppliers

3.3. List Of Major Distributors and Channel Partners

3.4. List Of Major End Users

4. Global Bitumen Market Trends And Strategies

4.1. Key Technologies & Future Trends

4.1.1 Sustainability, Climate Tech And Circular Economy

4.1.2 Industry 4.0 And Intelligent Manufacturing

4.1.3 Internet Of Things (Iot), Smart Infrastructure And Connected Ecosystems

4.1.4 Digitalization, Cloud, Big Data And Cybersecurity

4.1.5 Autonomous Systems, Robotics And Smart Mobility

4.2. Major Trends

4.2.1 Increasing Adoption Of Polymer Modified Bitumen

4.2.2 Rising Demand For Durable Road Infrastructure Materials

4.2.3 Growing Use Of Bitumen Emulsions In Construction

4.2.4 Expansion Of Climate-Resilient Road Surfaces

4.2.5 Enhanced Focus On Recyclable Asphalt Solutions

5. Bitumen Market Analysis Of End Use Industries

5.1 Road Construction Companies

5.2 Infrastructure Development Firms

5.3 Government Transportation Agencies

5.4 Asphalt Manufacturers

5.5 Waterproofing Contractors

6. Bitumen Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, Supply Chain Impact from Tariff War & Trade Protectionism, And Covid And Recovery On The Market

7. Global Bitumen Strategic Analysis Framework, Current Market Size, Market Comparisons And Growth Rate Analysis

7.1. Global Bitumen PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

7.2. Global Bitumen Market Size, Comparisons And Growth Rate Analysis

7.3. Global Bitumen Historic Market Size and Growth, 2020 - 2025, Value ($ Billion)

7.4. Global Bitumen Forecast Market Size and Growth, 2025 - 2030, 2035F, Value ($ Billion)

8. Global Bitumen Total Addressable Market (TAM) Analysis for the Market

8.1. Definition and Scope of Total Addressable Market (TAM)

8.2. Methodology and Assumptions

8.3. Global Total Addressable Market (TAM) Estimation

8.4. TAM vs. Current Market Size Analysis

8.5. Strategic Insights and Growth Opportunities from TAM Analysis

9. Bitumen Market Segmentation

9.1. Global Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Paving Grade, Hard Grade, Oxidized Grade, Bitumen Emulsions, Polymer Modified Bitumen, Other Products

9.2. Global Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Roadways, Waterproofing, Other Applications

9.3. Global Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Commercial, Residential

9.4. Global Bitumen Market, Sub-Segmentation Of Paving Grade, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

PG 64-22, PG 58-28, PG 70-28

9.5. Global Bitumen Market, Sub-Segmentation Of Hard Grade, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Hard Bitumen, Extra Hard Bitumen

9.6. Global Bitumen Market, Sub-Segmentation Of Oxidized Grade, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Oxidized Bitumen, Speciality Oxidized Bitumen

9.7. Global Bitumen Market, Sub-Segmentation Of Bitumen Emulsions, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Cationic Emulsions, Anionic Emulsions

9.8. Global Bitumen Market, Sub-Segmentation Of Polymer Modified Bitumen (PMB), By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

SBS Modified Bitumen, EVA Modified Bitumen, Other Polymer Modifications

9.9. Global Bitumen Market, Sub-Segmentation Of Other Products, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Cutback Bitumen, Specialty Bitumen Products

10. Bitumen Market Regional And Country Analysis

10.1. Global Bitumen Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

10.2. Global Bitumen Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

11. Asia-Pacific Bitumen Market

11.1. Asia-Pacific Bitumen Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

11.2. Asia-Pacific Bitumen Market, Segmentation By Product Type, Segmentation By Application, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

12. China Bitumen Market

12.1. China Bitumen Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

12.2. China Bitumen Market, Segmentation By Product Type, Segmentation By Application, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

13. India Bitumen Market

13.1. India Bitumen Market, Segmentation By Product Type, Segmentation By Application, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

14. Japan Bitumen Market

14.1. Japan Bitumen Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

14.2. Japan Bitumen Market, Segmentation By Product Type, Segmentation By Application, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

15. Australia Bitumen Market

15.1. Australia Bitumen Market, Segmentation By Product Type, Segmentation By Application, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

16. Indonesia Bitumen Market

16.1. Indonesia Bitumen Market, Segmentation By Product Type, Segmentation By Application, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

17. South Korea Bitumen Market

17.1. South Korea Bitumen Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

17.2. South Korea Bitumen Market, Segmentation By Product Type, Segmentation By Application, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

18. Taiwan Bitumen Market

18.1. Taiwan Bitumen Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

18.2. Taiwan Bitumen Market, Segmentation By Product Type, Segmentation By Application, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

19. South East Asia Bitumen Market

19.1. South East Asia Bitumen Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

19.2. South East Asia Bitumen Market, Segmentation By Product Type, Segmentation By Application, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

20. Western Europe Bitumen Market

20.1. Western Europe Bitumen Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

20.2. Western Europe Bitumen Market, Segmentation By Product Type, Segmentation By Application, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

21. UK Bitumen Market

21.1. UK Bitumen Market, Segmentation By Product Type, Segmentation By Application, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

22. Germany Bitumen Market

22.1. Germany Bitumen Market, Segmentation By Product Type, Segmentation By Application, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

23. France Bitumen Market

23.1. France Bitumen Market, Segmentation By Product Type, Segmentation By Application, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

24. Italy Bitumen Market

24.1. Italy Bitumen Market, Segmentation By Product Type, Segmentation By Application, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

25. Spain Bitumen Market

25.1. Spain Bitumen Market, Segmentation By Product Type, Segmentation By Application, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

26. Eastern Europe Bitumen Market

26.1. Eastern Europe Bitumen Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

26.2. Eastern Europe Bitumen Market, Segmentation By Product Type, Segmentation By Application, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

27. Russia Bitumen Market

27.1. Russia Bitumen Market, Segmentation By Product Type, Segmentation By Application, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

28. North America Bitumen Market

28.1. North America Bitumen Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

28.2. North America Bitumen Market, Segmentation By Product Type, Segmentation By Application, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

29. USA Bitumen Market

29.1. USA Bitumen Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

29.2. USA Bitumen Market, Segmentation By Product Type, Segmentation By Application, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

30. Canada Bitumen Market

30.1. Canada Bitumen Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

30.2. Canada Bitumen Market, Segmentation By Product Type, Segmentation By Application, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

31. South America Bitumen Market

31.1. South America Bitumen Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

31.2. South America Bitumen Market, Segmentation By Product Type, Segmentation By Application, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

32. Brazil Bitumen Market

32.1. Brazil Bitumen Market, Segmentation By Product Type, Segmentation By Application, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

33. Middle East Bitumen Market

33.1. Middle East Bitumen Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

33.2. Middle East Bitumen Market, Segmentation By Product Type, Segmentation By Application, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

34. Africa Bitumen Market

34.1. Africa Bitumen Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

34.2. Africa Bitumen Market, Segmentation By Product Type, Segmentation By Application, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

35. Bitumen Market Regulatory and Investment Landscape

36. Bitumen Market Competitive Landscape And Company Profiles

36.1. Bitumen Market Competitive Landscape And Market Share 2024

36.1.1. Top 10 Companies (Ranked by revenue/share)

36.2. Bitumen Market - Company Scoring Matrix

36.2.1. Market Revenues

36.2.2. Product Innovation Score

36.2.3. Brand Recognition

36.3. Bitumen Market Company Profiles

36.3.1. Shell plc Overview, Products and Services, Strategy and Financial Analysis

36.3.2. BP p.l.c. Overview, Products and Services, Strategy and Financial Analysis

36.3.3. Exxon Mobil Corporation Overview, Products and Services, Strategy and Financial Analysis

36.3.4. TotalEnergies SE Overview, Products and Services, Strategy and Financial Analysis

36.3.5. Chevron Corporation Overview, Products and Services, Strategy and Financial Analysis

37. Bitumen Market Other Major And Innovative Companies

Valero Energy Corporation, Marathon Petroleum Corporation, Phillips 66 Company, Indian Oil Corporation Limited, Bharat Petroleum Corporation Limited, Hindustan Petroleum Corporation Limited, Rosneft Oil Company PJSC, Gazprom Neft PJSC, PJSC Lukoil, Eni S.p.A., Repsol, S.A., OMV Aktiengesellschaft, Neste Oyj, Petroliam Nasional Berhad, China Petroleum And Chemical Corporation

38. Global Bitumen Market Competitive Benchmarking And Dashboard

39. Key Mergers And Acquisitions In The Bitumen Market

40. Bitumen Market High Potential Countries, Segments and Strategies

40.1 Bitumen Market In 2030 - Countries Offering Most New Opportunities

40.2 Bitumen Market In 2030 - Segments Offering Most New Opportunities

40.3 Bitumen Market In 2030 - Growth Strategies

40.3.1 Market Trend Based Strategies

40.3.2 Competitor Strategies

41. Appendix

41.1. Abbreviations

41.2. Currencies

41.3. Historic And Forecast Inflation Rates

41.4. Research Inquiries

41.5. The Business Research Company

41.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Bitumen Market, Overview Of Key Products - Product Examples
  • Table 2: Global Bitumen Market Attractiveness, Factor-Wise Evaluation
  • Table 3: Global Bitumen Market, Supply Chain Analysis
  • Table 4: Global Bitumen Market, Major Raw Material Providers
  • Table 5: Global Bitumen Market, Major Resource Providers
  • Table 6: Global Bitumen Market, Major Manufacturers (Suppliers)
  • Table 7: Global Bitumen Market, Major Distributors And Channel Partners
  • Table 8: Global Bitumen Market, Key Technologies & Future Trends
  • Table 9: Global Bitumen Market, Major Trends
  • Table 10: Global Bitumen Market, Major End Users
  • Table 11: Global Bitumen Market, PESTEL (Political, Economic, Social, Technology, Environmental and Legal) Analysis
  • Table 12: Global Bitumen Historic Market Growth, 2020-2025, $ Billion
  • Table 13: Global Bitumen Forecast Market Growth, 2025-2030F, 2035F, $ Billion
  • Table 14: Global Bitumen Market - TAM, US$ Billion, 2025
  • Table 15: Global Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 16: Global Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 17: Global Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 18: Global Bitumen Market, Sub-Segmentation Of Paving Grade, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 19: Global Bitumen Market, Sub-Segmentation Of Hard Grade, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 20: Global Bitumen Market, Sub-Segmentation Of Oxidized Grade, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 21: Global Bitumen Market, Sub-Segmentation Of Bitumen Emulsions, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 22: Global Bitumen Market, Sub-Segmentation Of Polymer Modified Bitumen (PMB), By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 23: Global Bitumen Market, Sub-Segmentation Of Other Products, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 24: Global Bitumen Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 25: Global Bitumen Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 26: Asia-Pacific, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 27: Asia-Pacific, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 28: Asia-Pacific, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 29: China, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 30: China, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 31: China, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 32: India, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 33: India, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 34: India, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 35: Japan, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 36: Japan, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 37: Japan, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 38: Australia, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 39: Australia, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 40: Australia, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 41: Indonesia, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 42: Indonesia, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 43: Indonesia, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 44: South Korea, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 45: South Korea, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 46: South Korea, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 47: Taiwan, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 48: Taiwan, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 49: Taiwan, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 50: South East Asia, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 51: South East Asia, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 52: South East Asia, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 53: Western Europe, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 54: Western Europe, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 55: Western Europe, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 56: UK, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 57: UK, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 58: UK, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 59: Germany, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 60: Germany, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 61: Germany, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 62: France, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 63: France, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 64: France, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 65: Italy, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 66: Italy, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 67: Italy, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 68: Spain, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 69: Spain, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 70: Spain, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 71: Eastern Europe, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 72: Eastern Europe, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 73: Eastern Europe, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 74: Russia, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 75: Russia, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 76: Russia, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 77: North America, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 78: North America, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 79: North America, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 80: USA, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 81: USA, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 82: USA, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 83: Canada, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 84: Canada, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 85: Canada, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 86: South America, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 87: South America, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 88: South America, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 89: Brazil, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 90: Brazil, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 91: Brazil, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 92: Middle East, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 93: Middle East, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 94: Middle East, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 95: Africa, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 96: Africa, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 97: Africa, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 98: Global Bitumen Key Competitor Estimated Market Shares, 2024, Percentage (%)
  • Table 99: Global Bitumen Market - Company Scoring Matrix
  • Table 100: Shell plc Financial Performance
  • Table 101: BP p.l.c. Financial Performance
  • Table 102: Exxon Mobil Corporation Financial Performance
  • Table 103: TotalEnergies SE Financial Performance
  • Table 104: Chevron Corporation Financial Performance
  • Table 105: Global Bitumen Market, Competitive Benchmarking (In USD Billions)
  • Table 106: Global Bitumen Market, Competitive Dashboard
  • Table 107: Global Bitumen Market Size Gain ($ Billion), 2025 – 2030 By Country
  • Table 108: Global, Bitumen Market Size Gain ($ Billion), Segmentation By Product Type, 2025 – 2030
  • Table 109: Global, Bitumen Market Size Gain ($ Billion), Segmentation By Application, 2025 – 2030
  • Table 110: Global, Bitumen Market Size Gain ($ Billion), Segmentation By End-Use Sector, 2025 – 2030

List Of Figures

    Figure 1: Global Bitumen Market, Overview Of Key Products - Product Examples
  • Figure 2: Global Bitumen Market Attractiveness, Factor-Wise Evaluation
  • Figure 3: Global Bitumen Market, Supply Chain Analysis
  • Figure 4: Global Bitumen Market, Major Raw Material Providers
  • Figure 5: Global Bitumen Market, Major Resource Providers
  • Figure 6: Global Bitumen Market, Major Manufacturers (Suppliers)
  • Figure 7: Global Bitumen Market, Major Distributors And Channel Partners
  • Figure 8: Global Bitumen Market, Key Technologies & Future Trends
  • Figure 9: Global Bitumen Market, Major Trends
  • Figure 10: Global Bitumen Market, Major End Users
  • Figure 11: Global Bitumen Market, PESTEL (Political, Economic, Social, Technology, Environmental and Legal) Analysis
  • Figure 12: Global Bitumen Historic Market Growth, 2020-2025, $ Billion
  • Figure 13: Global Bitumen Forecast Market Growth, 2025-2030F, 2035F, $ Billion
  • Figure 14: Global Bitumen Market - TAM, US$ Billion, 2025
  • Figure 15: Global Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 16: Global Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 17: Global Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 18: Global Bitumen Market, Sub-Segmentation Of Paving Grade, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 19: Global Bitumen Market, Sub-Segmentation Of Hard Grade, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 20: Global Bitumen Market, Sub-Segmentation Of Oxidized Grade, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 21: Global Bitumen Market, Sub-Segmentation Of Bitumen Emulsions, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 22: Global Bitumen Market, Sub-Segmentation Of Polymer Modified Bitumen (PMB), By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 23: Global Bitumen Market, Sub-Segmentation Of Other Products, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 24: Global Bitumen Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 25: Global Bitumen Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 26: Asia-Pacific, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 27: Asia-Pacific, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 28: Asia-Pacific, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 29: China, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 30: China, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 31: China, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 32: India, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 33: India, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 34: India, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 35: Japan, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 36: Japan, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 37: Japan, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 38: Australia, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 39: Australia, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 40: Australia, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 41: Indonesia, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 42: Indonesia, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 43: Indonesia, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 44: South Korea, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 45: South Korea, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 46: South Korea, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 47: Taiwan, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 48: Taiwan, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 49: Taiwan, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 50: South East Asia, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 51: South East Asia, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 52: South East Asia, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 53: Western Europe, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 54: Western Europe, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 55: Western Europe, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 56: UK, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 57: UK, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 58: UK, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 59: Germany, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 60: Germany, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 61: Germany, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 62: France, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 63: France, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 64: France, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 65: Italy, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 66: Italy, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 67: Italy, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 68: Spain, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 69: Spain, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 70: Spain, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 71: Eastern Europe, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 72: Eastern Europe, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 73: Eastern Europe, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 74: Russia, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 75: Russia, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 76: Russia, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 77: North America, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 78: North America, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 79: North America, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 80: USA, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 81: USA, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 82: USA, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 83: Canada, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 84: Canada, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 85: Canada, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 86: South America, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 87: South America, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 88: South America, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 89: Brazil, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 90: Brazil, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 91: Brazil, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 92: Middle East, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 93: Middle East, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 94: Middle East, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 95: Africa, Bitumen Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 96: Africa, Bitumen Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 97: Africa, Bitumen Market, Segmentation By End-Use Sector, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 98: Global Bitumen Key Competitor Estimated Market Shares, 2024, Percentage (%)
  • Figure 99: Global Bitumen Market - Company Scoring Matrix
  • Figure 100: Shell plc Financial Performance
  • Figure 101: BP p.l.c. Financial Performance
  • Figure 102: Exxon Mobil Corporation Financial Performance
  • Figure 103: TotalEnergies SE Financial Performance
  • Figure 104: Chevron Corporation Financial Performance
  • Figure 105: Global Bitumen Market, Competitive Benchmarking (In USD Billions)
  • Figure 106: Global Bitumen Market, Competitive Dashboard
  • Figure 107: Global Bitumen Market Size Gain ($ Billion), 2025 – 2030 By Country
  • Figure 108: Global, Bitumen Market Size Gain ($ Billion), Segmentation By Product Type, 2025 – 2030
  • Figure 109: Global, Bitumen Market Size Gain ($ Billion), Segmentation By Application, 2025 – 2030
  • Figure 110: Global, Bitumen Market Size Gain ($ Billion), Segmentation By End-Use Sector, 2025 – 2030

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Frequently Asked Questions

The Bitumen market was valued at $57.31 billion in 2025, increased to $60.02 billion in 2026, and is projected to reach $72.74 billion by 2030.

The global Bitumen market is expected to grow at a CAGR of 4.92% from 2026 to 2035 to reach $72.74 billion by 2035.

Some Key Players in the Bitumen market Include, Shell plc, BP p.l.c., Exxon Mobil Corporation, TotalEnergies SE, Chevron Corporation, Valero Energy Corporation, Marathon Petroleum Corporation, Phillips 66 Company, Indian Oil Corporation Limited, Bharat Petroleum Corporation Limited, Hindustan Petroleum Corporation Limited, Rosneft Oil Company PJSC, Gazprom Neft PJSC, PJSC Lukoil, Eni S.p.A., Repsol, S.A., OMV Aktiengesellschaft, Neste Oyj, Petroliam Nasional Berhad, China Petroleum And Chemical Corporation .

Major trend in this market includes: High-Tech Bitumen Binders To Enhance Performance Characteristics. For further insights on this market. request a sample here

Asia-Pacific was the largest region in the bitumen market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the bitumen market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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