We established a quick response research team to monitor the impacts of global pandemic COVID19 on this market to keep our clients informed about latest data and changing strategies. The report will incorporate these insight and data factors. ×
Market Research Report

Asia-Pacific Bitumen Industry Analysis By Grades, By Product, By Application & By Countries With COVID-19 Impact | Market Outlook 2017-2030

Published Date :

2020-09-01

Report Pages :

455

Format :

PDF

Region Covered :

Asia Pacific

Market Overview

In Asia Pacific, China itself is the 13.2 million metric ton asphalt industry attributing to new construction and maintenance/repairs. By identifying a solvent or solvent blend, capable of selective flocculation and precipitation of the clay−water clusters while precipitating only a minor amount of asphaltene bitumen recovery can be improved. Water-based bitumen extraction from Athabasca oil sands involves four steps: Oil sand lump size reduction, bitumen liberation, aeration, flotation and interactions. Bitumen demand in Asian countries is strong, however China have been suffering from oversupply and accounting for the lion’s share i.e. nearly two-third of total bitumen consumption. It is predicted that in the upcoming years (probably after 5-6 years) Asian bitumen market will be totally oversupplied too.

Shell’s pioneering inventions in colored binders, low-temperature solutions; low-odor bitumen and underwater adhesives have set the industry standards for these applications and range of solutions from airports and highways to roofing and Formula One tracks.

Market Segmentation

  • By Grades
  • Hard Grade
  • Soft Grade
  • Polymer Modified Bitumen (PMB)
  • By Product
    • Paving grade bitumen
    • Oxidized bitumen
    • Cutback bitumen
    • Bitumen emulsion
    • Polymer Modified Bitumen (PMB)
    • Others (including bitumen formed due to addition of zinc, copper, etc.)
  • By Application
  • Roadways
  • Waterproofing
  • Adhesives
  • Insulation
  • Others
  • By Countries
  • China {Market Share (%), Market Size (USD Million), Adoption Rate (%)}
  • Japan {Market Share (%), Market Size (USD Million), Adoption Rate (%)}
  • India {Market Share (%), Market Size (USD Million), Adoption Rate (%)}
  • Australia {Market Share (%), Market Size (USD Million), Adoption Rate (%)}
  • Taiwan {Market Share (%), Market Size (USD Million), Adoption Rate (%)}
  • South Korea {Market Share (%), Market Size (USD Million), Adoption Rate (%)}
  • Indonesia {Market Share (%), Market Size (USD Million), Adoption Rate (%)}
  • Thailand {Market Share (%), Market Size (USD Million), Adoption Rate (%)}
  • Singapore {Market Share (%), Market Size (USD Million), Adoption Rate (%)}
  • New Zealand {Market Share (%), Market Size (USD Million), Adoption Rate (%)}
  • Philippines {Market Share (%), Market Size (USD Million), Adoption Rate (%)}

Trends, Drivers & Challenges to Market Growth

Product stewardship along with technical specification and focus on infrastructure projects in Australia, replacement of closed refineries with trading houses and imports from Singapore, Thailand, South Korea, Malaysia, initiative to build new road and rail networks and investments in storage and shipping businesses are the major growth drivers of APAC bitumen market. In addition, developing storage infrastructure and introduction of innovative packaging solutions tends to take bitumen market on heights.

However, bitumen manufacturers face tough challenges due to the sanctions imposed on the country by the respective government along with a falling domestic market and declining prices in China due to over-supply and weak demand hinders the APAC bitumen market.

Market Share by Product & Geography

APAC is projected to account for a volume share of around 31% of the global bitumen market by the end of the 2025 owing to rising construction projects in India, China, Thailand, and Vietnam.

On the basis of product, PMB market size is projected to dominate the bitumen market while paving bitumen market is forecast to witness gains more than 2.25% CAGR over the estimated period.

In APAC, India is the promising market, with a recommencing emphasis on infrastructure by the government and USD 162 billion were spent on roads and bridges between 2012 and 2017, deeming for over 17% of India’s total infrastructure expenditure. Nearly two-third of total worldwide bitumen consumption is attributed to China making it the largest consumer of APAC as well as global bitumen market.

COVID-19 impact on "Asia-Pacific Bitumen Market"

The report analyzes and includes complete detailed chapter of 50-70 pages about the short term & long terms impact of COVID-19 outbreak on each segment of "Asia-Pacific Bitumen Market" along with government measures to support the sector. It also showcases the current market landscape during COVID, impact of the virus on leading companies, expected demand schedule and supply chain in the industry and other various major factors. This will help you identify those companies that may benefit from this pandemic as well as those that will lose out. 

 Key Market Players

  • British Petroleum
  • o Synopsis
  • o Business Strategy
  • o Product Portfolio
  • o SWOT Analysis
  • Total S.A.
  • Chevron Texaco Corporation
  • China Petroleum and Chemical Corporation
  • Indian Oil Corporation
  • Royal Dutch Shell Plc.
  • JX Nippon Oil & Energy Corporation
  • Petroleos Mexicanos
  • Bouygues S.A.
  • NuStar Energy
  • Villas Austria GmbH
  • Marathon Oil Corporation
  • Exxon Mobil Corporation
  • Nynas AB
  • Petróleos Mexicanos (PEMEX)
  • Valero Energy Corporation
  • Shell

Covered in this Asia-Pacific Bitumen Market Report

Market Synopsis

Market Segmentation

Asia-Pacific Bitumen Market is segmented as follows:

  • By  Grade (Market Size, Demand Analysis and Growth Analysis)
  • By  Product (Market Size, Demand Analysis and Growth Analysis)
  • By Application (Market Size, Demand Analysis and Growth Analysis)

By Countries

  • China {Market Size, Growth Analysis and Opportunity Analysis}
  • Japan {Market Size, Growth Analysis and Opportunity Analysis}
  • India {Market Size, Growth Analysis and Opportunity Analysis}
  • South Korea {Market Size, Growth Analysis and Opportunity Analysis}
  • Taiwan {Market Size, Growth Analysis and Opportunity Analysis}
  • Australia {Market Size, Growth Analysis and Opportunity Analysis}
  • New Zealand {Market Size, Growth Analysis and Opportunity Analysis}
  • Thailand {Market Size, Growth Analysis and Opportunity Analysis}
  • Philippines {Market Size, Growth Analysis and Opportunity Analysis}
  • Indonesia {Market Size, Growth Analysis and Opportunity Analysis}
  • Singapore {Market Size, Growth Analysis and Opportunity Analysis}

Market Dynamics: Growth Drivers, Restraints and Opportunities

  • Risk Factors
  • Regional Variations
  • Recent Trends and Developments

Key Market Players

  • Synopsis
  • Business Strategy
  • Product Portfolio
  • SWOT Analysis

Porter’s Five Force Model

Market Landscape: Competition and Beyond

Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem

Expert Analysis

Concluding Remarks

For a detailed overview send us sample request.




{ }

Asia-Pacific Bitumen Industry Analysis By Grades, By Product, By Application & By Countries With COVID-19 Impact | Market Outlook 2017-2030

A complementary 2hrs free facility through which report buyers can interact with our pool of experienced analysts for any report related queries, clarifications or additional data requirements

OR Call Us:+1-646-568-7747

Table of Contents

BROWSE SIMILAR REPORTS

Please Select Linenece Type